IFBH Ltd.

IFBH Ltd.

4.22
HKD
-0.02
(-0.59%)
4.19BMarket Cap
Feb 25Next Earn
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.33
0.7
0.66
- -
Basic EPS, GAAP
0.06
0.15
0.09
- -
Free Cash Flow per Basic Share
0.09
0.15
0.04
- -
Dividend per Share
0.03
0.05
0.16
- -
Book Value per Share
0.04
0.18
0.64
0.64
Tangible Book Value per Share
- -
0.15
0.61
0.61
Basic Weighted Avg Shares
267
225
267
267
Sales/Revenue/Turnover
87
158
176
- -
Operating Margin (%)
23.77
25.48
14.83
- -
Depreciation Expense
1
1
1
- -
Net Income, GAAP
17
33
23
- -
Effective Tax Rate (%)
17.01
16.87
20.22
- -
Profit Margin (%)
19.16
21.13
12.91
- -
Working Capital
3
39
160
160
LT Debt
- -
- -
1
1
Total Equity
10
48
171
171
Return on Invested Capital (%)
- -
98.25
17.94
- -
Return on Capital (%)
- -
114.85
20.65
- -
Return on Common Equity (%)
- -
115.75
20.8
- -

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'25
ST Debt
- -
- -
LT Borrowings
- -
- -
LT Finance Leases
- -
1
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
267
267
Market Capitalization
1,342
538

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'25
Total Current Assets
189
187
Cash, Cash Equivalents & STI
164
163
Accounts Receivable, Net
21
19
Inventories
- -
- -
Total Current Liabilities
34
27
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
- -
- -
255.24%
Free Cash Flow
- -
- -
-65.17%
Net Income, GAAP
- -
- -
-31.66%
Sales/Revenue/Turnover
- -
- -
11.89%
Total Cash Common Dividend
- -
- -
265.22%

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
87
2024
- -
- -
158
2025
- -
- -
176

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.15
2025
- -
- -
0.09

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.03
2024
- -
- -
0.05
2025
- -
- -
0.16

Company Description

CEO
Pongsakorn Pongsak
Full Time Employees
69
Sector
Consumer non-durables
Industry
Beverages: non-alcoholic
Address
6 Battery Road Singapore SE Singapore 049909
IPO Date
Jun 30, 2025
Business
IFBH Ltd. is a Singapore-based beverage company specializing in fruit juice-based beverages and non-beverage fruit products. It offers a product portfolio centered on two main brands: if and Innococo. The if brand produces natural and healthy Thai beverages and food products, including juice drinks, crispy rolls, and plant-based drinks and snacks. The Innococo brand focuses on fruit-based beverages such as natural coconut water, sparkling coconut water, and other healthier alternatives to conventional sports and functional drinks. IFBH primarily operates in the coconut water-related beverage market across mainland China, Hong Kong, Singapore, Taiwan, and globally through its distribution partners. Founded in 2013, the company is a subsidiary of General Beverage Company Limited and is headquartered in Singapore. Recently, IFBH made a strategic shift by moving its IPO from Singapore to Hong Kong to leverage stronger connectivity with mainland China, reflecting its intent to expand strategically in these key markets. Its 2024 revenue surged 80% year-over-year to approximately US$157.6 million, driven largely by sales in mainland China and Hong Kong, underscoring its robust positioning and growth in the coconut water beverage segment. This IPO marks a significant milestone, aiming to capitalize on its strong market share and financial performance to pursue global expansion.