1. Hong Kong Stocks

  2. •

    Transportation

  3. •

    Air freight/Couriers
Frontier Services Group Limited

Frontier Services Group Limited

0.05
HKD
-0.01
(-10.00%)
338.88MMarket 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
TTM
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
0.56
0.57
0.43
0.22
0.18
0.45
0.31
0.22
0.16
0.15
0.16
0.11
0.04
0.11
Tangible Book Value per Share
0.48
0.47
0.4
0.19
0.16
0.45
0.3
0.21
0.03
0.02
0.04
0.02
-0.02
0.02
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
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
33
LT Debt
- -
436
308
129
59
46
48
51
207
195
2
1
173
1
Total Equity
756
820
643
399
388
1,192
844
627
505
471
503
397
209
397
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
9.91
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
9.47
- -
- -
- -
Return on Common Equity (%)
-28.03
-19.43
-23.23
-52.31
-83.02
-38.97
-39.79
-37.16
-35.75
-7.87
13.93
-31.64
-112.93
- -

Capital Structure

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
216
224
148
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,403
2,403
2,403
Market Capitalization
541
433
339

Working Capital

HKD

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
568
548
515
Cash, Cash Equivalents & STI
198
202
164
Accounts Receivable, Net
211
214
246
Inventories
5
6
6
Total Current Liabilities
520
491
482
Payables & Accruals
- -
- -
- -
ST Debt
216
224
148
Deferred Revenue
- -
- -
- -

Growth Rates

HKD

•

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
- -
- -
- -

Semi-annual Revenue

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
813
2024
- -
- -
737
2025
- -
- -
651

Semi-annual Earnings Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.02
2024
- -
- -
-0.04
2025
- -
- -
-0.09

Semi-annual Dividends Per Share

HKD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yi Zhang
Full Time Employees
1,966
Sector
Transportation
Industry
Air freight/Couriers
Address
Far East Finance Centre Hong Kong Hong Kong
IPO Date
Jul 29, 1988
Website
fsgroup.com
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Business
Frontier Services Group Limited (0500.HK) is a Hong Kong-listed investment holding company that provides integrated aviation, logistics, security, insurance, and infrastructure services primarily to clients operating in frontier markets. Incorporated in 1989 and headquartered in Admiralty, Hong Kong, with key operational offices in Beijing, Shanghai, Dubai, Nairobi, Johannesburg, and other locations, the company serves industries including oil and gas, mining, finance, energy, infrastructure, and international organizations across regions such as Southern Africa, the Middle East and North Africa, Northwest China, Southwest China, Europe, Southeast Asia, and the People's Republic of China. Its core offerings encompass aviation services such as commercial air transport and aerial work; logistics solutions including engineering project logistics, special logistics for valuables transportation, and aviation logistics; security services featuring protective operations and specialized training; insurance products; infrastructure solutions covering project planning, business consulting, investment and financing, engineering design, project implementation, operation, and support services; financial market information via online platforms; airport management; and healthcare services including the sale of medical and healthcare products, structured across its Aviation and Logistics Business, Security, Insurance and Infrastructure Business, Healthcare Business, Financial Market Information Business, and other segments. In recent developments, the company reported revenue of HK$753.56 million for fiscal year 2024, reflecting a 7.3% decline from the prior year amid operational adjustments including the sale of three Cessna Citation Bravo 550 aircraft for US$3 million; it continues to focus on security, insurance, and infrastructure as primary revenue drivers while navigating challenges in aviation and logistics, with ongoing multinational operations supported by approximately 2,362 employees.