IFBH Ltd.

IFBH Ltd.

4.23
HKD
+0.01
(+0.24%)
1.54BMarket Cap
Feb 25Next Earn
IFBH Ltd.
HKEX:6603
(Hong Kong Exchange)

Recent

price

4.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2023
2024
2025
TTM
USD
0.33
0.59
0.72
- -
Revenue per Share
0.06
0.12
0.09
- -
Basic EPS, GAAP
0.09
0.13
0.05
- -
Free Cash Flow per Basic Share
0.03
0.04
0.17
- -
Dividend per Share
0.04
0.18
0.64
0.62
Book Value per Share
- -
0.15
0.61
0.59
Tangible Book Value per Share
267
267
246
266
Basic Weighted Avg Shares
87
158
176
- -
Sales/Revenue/Turnover
23.77
25.48
14.83
- -
Operating Margin (%)
1
1
1
- -
Depreciation Expense
17
33
23
- -
Net Income, GAAP
17.01
16.87
20.22
- -
Effective Tax Rate (%)
19.16
21.13
12.91
- -
Profit Margin (%)
3
39
160
154
Working Capital
- -
- -
1
1
LT Debt
10
48
171
165
Total Equity
- -
98.25
17.94
- -
Return on Invested Capital (%)
- -
114.85
20.65
- -
Return on Capital (%)
- -
115.75
20.8
- -
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
267
267
265
Market Capitalization
1,342
538
197

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
189
187
172
Cash, Cash Equivalents & STI
164
163
162
Accounts Receivable, Net
21
19
5
Inventories
- -
- -
1
Total Current Liabilities
34
27
18
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
2024
- -
- -
158
2025
- -
- -
176
2026
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.12
2025
- -
- -
0.09
2026
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
0.17
2026
- -
- -
- -
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.