1. Hong Kong Stocks

  2. •

    Industrials

  3. •

    Integrated Freight & Logistics
Frontier Services Group Limited

Frontier Services Group Limited

DVNHF
Frontier Services Group LimitedUS flagOther OTC
0.01
USD
- -
- -
22.23MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Revenue per Share
0.02
0.26
0.18
0.47
0.51
0.46
0.31
0.26
0.32
0.41
0.34
0.31
0.27
Basic EPS, GAAP
-0.16
-0.11
-0.12
-0.17
-0.16
-0.14
-0.15
-0.1
-0.07
-0.01
0.02
-0.04
-0.09
Free Cash Flow per Basic Share
0.06
-0.25
-0.28
-0.14
-0.1
-0.17
-0.13
-0.07
-0.02
-0.01
0.01
0.01
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.19
-0.29
-0.4
-0.55
-0.61
-0.53
0.1
0.1
-0.73
-0.74
-0.7
-0.72
-0.8
Tangible Book Value per Share
0.58
0.58
0.49
0.3
0.25
0.62
0.35
0.26
0.08
0.07
0.09
0.07
0.03
Basic Weighted Avg Shares
1,140
1,196
1,230
1,230
1,413
1,902
2,345
2,345
2,345
2,345
2,387
2,403
2,403
Sales/Revenue/Turnover
28
310
215
577
724
867
726
605
756
964
813
737
651
Operating Margin (%)
-436.58
-25.28
-119.79
-35.16
-27.02
-27.68
-38.65
-32.53
-11.8
-3.31
2.73
0.07
-9.9
Depreciation Expense
2
9
27
34
35
37
56
54
50
47
32
37
30
Net Income, GAAP
-182
-130
-143
-210
-224
-259
-355
-228
-160
-29
51
-104
-204
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
10.63
- -
- -
Profit Margin (%)
-658.05
-42.02
-66.37
-36.37
-30.89
-29.86
-48.87
-37.68
-21.12
-3
6.3
-14.09
-31.39
Working Capital
651
329
291
109
160
945
549
370
281
200
48
33
169
LT Debt
- -
436
308
129
59
46
48
51
207
195
2
1
173
Total Equity
756
820
643
399
388
1,192
844
627
505
471
503
397
209
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.88
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-4.9
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
-97.25
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.38%
-17.54%
-47.31%
Free Cash Flow
-59.15%
-121.17%
-307.25%
Net Income, GAAP
-52.41%
-118.93%
96.86%
Sales/Revenue/Turnover
19.61%
3.17%
-11.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
813
2024
- -
- -
- -
- -
737
2025
- -
- -
- -
- -
651

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.02
2024
- -
- -
- -
- -
-0.04
2025
- -
- -
- -
- -
-0.09

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Yi Zhang
Full Time Employees
1,966
Sector
Industrials
Industry
Integrated Freight & Logistics
Address
Far East Finance Centre Admiralty Hong Kong
IPO Date
Nov 3, 2009
Website
fsgroup.com
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Business
Frontier Services Group Limited is a Hong Kong-based investment holding company principally engaged in providing integrated security, aviation, logistics, insurance, and infrastructure services to clients operating in frontier markets. The company offers aviation and logistics services including commercial air transport and aerial work; security services compliant with international standards and local regulations; insurance-related services; infrastructure development; online financial market information; airport management; healthcare services; and medical and healthcare product sales, serving industries such as oil and gas, mining, finance, energy, infrastructure, and international organizations. Frontier Services Group operates primarily in Southern Africa, Middle East and North Africa, Northwest China, and Southwest China regions, with offices in Hong Kong, Beijing, Shanghai, Dubai, Nairobi, Johannesburg, and other locations; it was founded in 1989 and is headquartered at Suite 3902, 39/F, Far East Finance Centre, 16 Harcourt Road, Admiralty, Hong Kong. In recent developments, the company reported revenue of HK$318.9 million for the six months ended June 30, 2025, down from HK$384.1 million in the prior year period, primarily due to the disposal of its online financial market information and airport management services in the second half of 2024; security segment profitability declined 50% to HK$20.9 million amid project completions in Africa and Asia and geopolitical challenges slowing new project progress. Frontier Services Group renewed its strategic corporate membership with the International Stability Operations Association in June 2025, reinforcing its position in the security sector. The company maintains its focus on securing large-scale security contracts globally while navigating instability in key markets, with no major acquisitions, funding rounds, or reorganizations announced in 2024 or 2025.