FWD Group Holdings Limited

FWD Group Holdings Limited

HHKEX:1828
31.16
HKD
-0.50
(-1.58%)
36.34BMarket Cap
Mar 15Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.42
9.15
1.8
2.43
3.13
3.77
- -
Basic EPS, GAAP
-0.14
0.16
-0.17
-0.56
0.02
0.13
- -
Free Cash Flow per Basic Share
-0.06
-0.84
-0.7
0.44
0.29
0.12
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
5.12
5.78
5.33
5.97
5.31
5.34
4.87
Tangible Book Value per Share
2.34
3.15
2.8
3.48
2.89
2.84
2.49
Basic Weighted Avg Shares
1,271
1,271
1,271
1,271
1,271
1,276
1,277
Sales/Revenue/Turnover
9,425
11,631
2,283
3,091
3,980
4,809
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
120
106
95
- -
- -
- -
- -
Net Income, GAAP
-178
200
-219
-716
24
166
- -
Effective Tax Rate (%)
- -
38.65
- -
- -
94.57
50.31
- -
Profit Margin (%)
-1.89
1.72
-9.59
-23.16
0.6
3.45
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
LT Debt
3,602
2,212
2,329
2,653
2,899
3,160
3,235
Total Equity
8,225
9,080
8,489
7,632
6,814
6,877
6,287
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
1.99
- -
- -
0.51
3
- -
Return on Common Equity (%)
- -
2.89
-3.1
-9.98
0.33
2.45
- -

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
2,788
3,046
3,049
LT Finance Leases
93
114
186
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,271
1,276
1,280
Market Capitalization
- -
6,237
4,634

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
36,672
38,992
39,400
Accounts Receivable, Net
324
216
265
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-3.2%
0.92%
Free Cash Flow
- -
223.53%
-57.3%
Net Income, GAAP
- -
58.68%
591.67%
Sales/Revenue/Turnover
- -
5.6%
20.83%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3,980
2025
- -
- -
4,809
2026
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.13
2026
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Thanh Phong Huynh
Full Time Employees
6,931
Sector
Finance
Industry
Multi-line insurance
Address
14 Taikoo Wan Road Hong Kong Hong Kong Hong Kong
IPO Date
Jul 7, 2025
Website
fwd.com
Business
FWD Group Holdings Limited, a Pan-Asian life insurance group, focuses on life and health protection, savings and investment solutions, and employee benefits; it operates through multiple subsidiaries across major Asian markets and offshore jurisdictions to offer a digitally-enabled, customer-led insurance experience; its product portfolio encompasses individual life, health and medical insurance, protection and savings plans, group life and employee benefits, and related wealth and financial advisory services; the group also provides cross-border medical and wealth management services, takaful products, and specialty offerings tailored to high-net-worth clients; the company distributes its products through a diversified channel network including exclusive and agency distribution, bancassurance collaborations, partnerships, and digital direct-to-consumer platforms; it maintains strategic partnerships and regional expansions to broaden market reach and product capability; geographic operations span Hong Kong SAR, Macau SAR, Thailand, Cambodia, Japan, the Philippines, Indonesia, Singapore, Vietnam, Malaysia and Greater Bay Area cross-border services, with additional offshore hubs in Bermuda and Singapore; FWD Group was founded in 2013 and is headquartered in Hong Kong; it is listed on the Hong Kong Stock Exchange under the ticker 1828.HK and maintains a broader corporate structure with regional subsidiaries that execute the life insurance, health insurance, and wealth management activities described above; notable recent changes include cross-border medical service initiatives within the Greater Bay Area, expansion of the high-net-worth hub in Asia operating out of Hong Kong SAR, Singapore and Bermuda, and ongoing capital optimization through new funding and solvency enhancements that support growth, product diversification, and channel expansion; the company reports continued investment in digital capabilities, customer experience improvements, and product innovation to sustain profitability and shareholder value in a competitive life insurance landscape; the firm emphasizes its category leadership in Asia through accelerated cross-market distribution, enhanced underwriting capabilities, and strategic alliances that broaden service offerings for individuals, families, and corporate clients; these developments align with its focus on expanding regional footprints, strengthening capital position, and delivering integrated insurance and wealth-management solutions across its diversified markets; the organization targets insurers and insureds seeking comprehensive life, health and wealth protection, tailored to regional demographics and regulatory environments, with a strategic emphasis on digital-enabled customer journeys and scalability across its multi-country operations.