FSE Lifestyle Services Limited

FSE Lifestyle Services Limited

HHKEX:331
5.33
HKD
+0.01
(+0.19%)
2.52BMarket Cap
Feb 25Next Earn
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
TTM
Revenue per Share
5.29
5.68
9.42
9.04
10.73
10.95
12.05
12.57
14.34
15.48
17.26
18.77
- -
- -
Basic EPS, GAAP
0.25
0.29
0.5
0.43
0.5
0.53
0.68
0.91
1.29
1.1
1.14
1.09
- -
- -
Free Cash Flow per Basic Share
0.03
0.31
0.11
1.26
0.31
-0.18
0.39
0.92
1.17
0.89
0.89
0.26
- -
- -
Dividend per Share
- -
- -
1
0.06
0.28
0.35
0.36
0.29
0.61
0.39
0.5
0.46
- -
- -
Book Value per Share
1.52
1.2
0.93
1.83
2.38
1.42
1.9
1.45
0.16
0.92
1.55
2.2
- -
2.52
Tangible Book Value per Share
1.35
1.06
0.8
1.7
2.22
1.25
1.68
1.23
-0.22
0.52
1.16
1.81
- -
1.97
Basic Weighted Avg Shares
450
450
300
384
450
450
450
450
450
450
450
450
450
450
Sales/Revenue/Turnover
2,381
2,555
2,825
3,472
4,830
4,927
5,423
5,656
6,453
6,967
7,767
8,448
- -
- -
Operating Margin (%)
5.47
5.18
5.27
4.91
5.36
5.44
6.6
8.58
10.5
8.45
7.96
6.9
- -
- -
Depreciation Expense
11
15
9
13
49
49
48
90
76
62
75
75
- -
- -
Net Income, GAAP
114
131
149
163
225
237
307
412
587
503
523
501
- -
- -
Effective Tax Rate (%)
17.7
11.51
11.8
10.15
18.89
17.87
16.59
14.23
9.22
14.41
15.14
15.33
- -
- -
Profit Margin (%)
4.78
5.13
5.28
4.7
4.67
4.81
5.67
7.29
9.1
7.22
6.73
5.93
- -
- -
Working Capital
369
343
300
695
503
172
386
691
23
468
723
774
- -
1,079
LT Debt
- -
- -
- -
- -
- -
- -
- -
484
170
319
292
10
- -
241
Total Equity
685
540
419
823
1,071
637
854
716
100
437
699
989
- -
1,133
Return on Invested Capital (%)
- -
19.58
27.18
24.37
21.47
23.97
36.96
36.53
61.31
63.11
48.93
39.99
- -
- -
Return on Capital (%)
- -
21.42
31.16
26.28
23.47
27.35
40.44
39.57
66.93
69.06
53.7
44.6
- -
- -
Return on Common Equity (%)
- -
21.48
31.11
26.28
23.81
27.73
41.21
51.9
145.73
201.43
92.48
58.38
- -
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
ST Debt
320
267
218
LT Borrowings
- -
- -
219
LT Finance Leases
17
10
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
450
450
450
Market Capitalization
2,556
2,529
2,520

Working Capital

HKD

•

in mil. unless spec.
Dec'24
Jun'24
Dec'25
Total Current Assets
3,544
3,645
3,686
Cash, Cash Equivalents & STI
439
559
566
Accounts Receivable, Net
1,773
1,643
1,761
Inventories
19
18
16
Total Current Liabilities
2,921
2,871
2,608
Payables & Accruals
- -
- -
- -
ST Debt
320
267
218
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
8,448
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.09
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.46
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Wai Hon Lam
Full Time Employees
21,069
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Chevalier Commercial Centre Hong Kong Hong Kong
IPO Date
Dec 10, 2015
Website
fse.com.hk
Business
FSE Lifestyle Services Limited (0331.HK) is a leading Hong Kong-listed lifestyle services conglomerate whose ultimate holding company is FSE Holdings Limited; it operates three core business segments including property and facility management services through Urban Group, International Property Management Limited, and Kiu Lok Service Management Group offering property management, car park management, asset management advisory, sales, and leasing; city essential services encompassing cleaning and pest control via Waihong Services Group, insurance solutions through Nova Insurance Group, technical support and maintenance by Far East Engineering Services Group and Turning Technical Services Limited, environmental solutions including water and air treatment, laboratory testing, extra low voltage systems, electric vehicle charging, landscaping, and building materials from FSE Environmental Solutions Group and Hong Kong Island Landscape Company Limited, as well as systems security, guarding, and event services provided by General Security Group and Perfect Event Services Limited; and E&M services comprising engineering and consultancy from FSE Engineering Group, Majestic Engineering Group, and Young’s Engineering Group. The company delivers comprehensive one-stop-shop professional services to clients such as the HKSAR Government, multinational corporations, property owners and investors, theme parks, universities, hotels, and hospitals across private and public facilities in Hong Kong, Macau, and Mainland China. Founded with member companies dating back to 1965 and renamed FSE Lifestyle Services Limited in 2021 following business reengineering and acquisitions including property and facility management, security, insurance brokerage, and landscaping groups, it maintains headquarters in Kowloon, Hong Kong, and reported solid FY2025 performance with revenue of HK$8.2 billion and profit attributable to shareholders of HK$453 million despite market challenges; latest major developments include the completion of the acquisition of Beijing Nova Insurance Services Limited on December 27, 2024, expanding insurance solutions into the Mainland China market for geographical diversification and Greater Bay Area opportunities, alongside strong growth in city essential services revenue by 9.6% driven by demand from mega events, tourism recovery, carbon neutrality initiatives, and electric vehicle adoption.