1. Singapore Stocks

  2. •

    Finance

  3. •

    Real estate development
Hong Fok Corporation Limited

Hong Fok Corporation Limited

SSGX:H30
0.89
SGD
-0.04
(-4.30%)
601.84MMarket 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
0.34
0.14
0.09
0.08
0.1
0.19
0.17
0.12
0.14
0.24
0.17
0.16
0.15
- -
Basic EPS, GAAP
0.43
0.07
0.24
0.11
0.26
0.27
0.16
-0.01
0.06
0.34
0.14
0.04
0.04
- -
Free Cash Flow per Basic Share
-0.18
0.2
0.05
0.03
0.01
0.12
0.08
0.04
0.07
0.15
0.08
0.08
0.08
- -
Dividend per Share
0.01
0.01
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Book Value per Share
1.47
1.52
1.7
1.78
1.96
2.18
2.32
2.33
2.37
2.7
2.79
2.83
2.85
2.35
Tangible Book Value per Share
1.46
1.52
1.7
1.78
1.96
2.18
2.32
2.33
2.37
2.7
2.79
2.83
2.85
2.35
Basic Weighted Avg Shares
693
693
693
693
693
693
685
673
667
653
642
642
641
725
Sales/Revenue/Turnover
235
97
61
58
70
131
113
80
91
154
111
104
98
- -
Operating Margin (%)
39.8
30.68
12.63
29.72
29.23
42.21
42.92
49.95
42.13
48.1
47.97
40.98
49.49
- -
Depreciation Expense
- -
- -
- -
1
1
1
2
2
2
1
1
1
1
- -
Net Income, GAAP
301
48
167
73
178
189
113
-9
39
220
88
24
28
- -
Effective Tax Rate (%)
1.74
8.5
0.66
1.6
1.95
1.7
4.17
- -
9.18
2.24
4.09
9.21
9.9
- -
Profit Margin (%)
127.86
49.48
276.04
124.9
254.48
144.08
99.35
-10.82
42.99
143
79.63
22.76
28.98
- -
Working Capital
-30
264
339
245
49
89
199
188
86
128
145
103
86
184
LT Debt
327
662
738
729
621
654
781
767
666
701
713
659
669
780
Total Equity
1,727
1,798
1,985
2,072
2,250
2,528
2,615
2,573
2,617
2,815
2,894
2,931
2,924
2,626
Return on Invested Capital (%)
4.28
1.75
3.37
0.62
0.99
1.7
1.39
- -
1.02
2.09
1.42
1.08
1.21
- -
Return on Capital (%)
12.63
1.89
5.86
3.02
5.26
4.16
4.09
- -
1.43
6.66
3.26
1.82
1.33
- -
Return on Common Equity (%)
24.23
3.7
11.91
4.81
10.91
10.48
5.79
-0.44
1.96
10.45
3.91
1.03
1.23
- -

Capital Structure

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
ST Debt
3
2
44
LT Borrowings
788
781
780
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
859
859
848
Market Capitalization
700
679
602

Working Capital

SGD

•

in mil. unless spec.
Sep'19
Dec'19
Jun'20
Total Current Assets
261
260
277
Cash, Cash Equivalents & STI
74
74
94
Accounts Receivable, Net
4
1
6
Inventories
183
181
176
Total Current Liabilities
54
61
93
Payables & Accruals
- -
- -
- -
ST Debt
3
2
44
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.03%
2.62%
-0.22%
Free Cash Flow
69.4%
28.23%
2.98%
Net Income, GAAP
-24.91%
-38.95%
20.02%
Sales/Revenue/Turnover
10.42%
8.62%
-5.72%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
104
2025
- -
- -
98
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

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

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
0.01
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Sim Cheong
Full Time Employees
81
Sector
Finance
Industry
Real estate development
Address
The Concourse Singapore CE Singapore 199555
IPO Date
Jul 8, 1981
Website
hongfok.com.sg
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Business
Hong Fok Corporation Limited is a Singapore-based investment holding company primarily engaged in property investment, property development and construction, and property management. The company’s core products and services include investments in office, shop, restaurant, hotel, car park, residential, retail, and commercial properties; development and sale of residential units and construction of properties including hotels; and provision of property management and maintenance services. Additionally, Hong Fok offers investment trading, investment holding, and management services. Founded in 1967 and headquartered in Singapore, the company operates mainly in Singapore and Hong Kong markets. Recent major changes include the acquisition of five ground-floor units at International Building on Orchard Road for S$27.8 million through its wholly owned subsidiary, increasing its commercial property portfolio in a prime location. The company also exercised options to purchase additional properties at 360 Orchard Road, Singapore in late 2024. These acquisitions align with Hong Fok's strategic focus on expanding its investment property holdings and strengthening its real estate asset base. The company maintains a diversified business model with distinct operating segments managed separately for investment properties, property development and construction, and property management, which collectively contribute to its revenue streams. Hong Fok continues to emphasize its presence in the real estate sector through targeted property acquisitions and development projects, leveraging its experience in the Singapore and Hong Kong markets to enhance its property portfolio and service offerings in investment, development, and management domains. Its strategic moves over the past two years reflect a focused effort on asset growth and operational management within the property sector.