Feiyang International Holdings Group Limited logo

Feiyang International Holdings Group Limited

1901.HK

HKSEConsumer CyclicalTravel Services

Latest quote

HK$0.148

−HK$0.011 · -6.92%

Aug 21, 3:55 PM HKTData delayed

1901.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Feiyang International Holdings Group Limited operates as an investment holding company with a core focus on conceptualizing, developing, and distributing a diverse range of travel products and services throughout the People's Republic of China. Its extensive portfolio features all-inclusive package tours and flexible options for independent travelers, including airline tickets and hotel bookings. The firm also provides an array of supplementary travel-related solutions, such as assistance with visa applications, conference planning, brokering travel insurance for customers, and selling entry passes to attractions. Beyond its travel segment, Feiyang offers technical support, business intelligence consultancy, exhibition management services, and engages in software research and development. The company caters to a varied customer base, encompassing individual consumers, corporate clients, and institutional organizations. Established in 2001, Feiyang International Holdings Group Limited is headquartered in Ningbo, People's Republic of China.

Industry
Travel Services
Sector
Consumer Cyclical
Headquarters
CN
CEO
Binfeng He
Listed since
Jun 28, 2019
Employees
268

Market position

52-week range

Current HK$0.148

Open
HK$0.148
Previous close
HK$0.159
Volume
360K
0.2× average
Average volume
1.79M
Average daily volume
Market cap
147.76M HKD
Beta
-0.04
Market reference 1
50-day average
HK$0.1982
-25.33% below average
200-day average
HK$0.3164
-53.22% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
550.71M CNY
P/E (TTM)
-3.16×
P/B (TTM)
2.71×
P/S (TTM)
0.16×
EV / EBITDA
-25.82×
Earnings yield
-10.76%
Free cash flow yield
-1.52%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
6.46%
Operating margin
-3.30%
Net margin
-5.00%
Return on equity
-87.98%
Return on assets
-8.56%
Return on invested capital
-9.55%

Financial health

Debt / equity
5.04×
Current ratio
Altman Z-score
1.74
Piotroski F-score
2 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends37%-41%-119%-197%Gross margin, FY2021: 10.28%Gross margin, FY2022: 17.78%Gross margin, FY2023: 10.17%Gross margin, FY2024: 6.77%Gross margin, FY2025: 6.46%Operating margin, FY2021: -57.26%Operating margin, FY2022: -15.91%Operating margin, FY2023: -5.07%Operating margin, FY2024: -9.77%Operating margin, FY2025: -3.30%Net margin, FY2021: -177.46%Net margin, FY2022: -51.65%Net margin, FY2023: -1.79%Net margin, FY2024: -5.87%Net margin, FY2025: -5.00%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 10.28%. Gross margin FY2022 17.78%. Gross margin FY2023 10.17%. Gross margin FY2024 6.77%. Gross margin FY2025 6.46%. Operating margin FY2021 -57.26%. Operating margin FY2022 -15.91%. Operating margin FY2023 -5.07%. Operating margin FY2024 -9.77%. Operating margin FY2025 -3.30%. Net margin FY2021 -177.46%. Net margin FY2022 -51.65%. Net margin FY2023 -1.79%. Net margin FY2024 -5.87%. Net margin FY2025 -5.00%.

Income trends

Revenue

783.09M CNY+9.39%

Operating income

−25.83M CNY+63.07%

Net income

−39.14M CNY+6.91%
Income trends across reported periods875.15M CNY506.92M CNY138.69M CNY−229.53M CNYRevenue, FY2021: 77.47M CNYRevenue, FY2022: 76.48M CNYRevenue, FY2023: 534.3M CNYRevenue, FY2024: 715.87M CNYRevenue, FY2025: 783.09M CNYOperating income, FY2021: −44.36M CNYOperating income, FY2022: −12.17M CNYOperating income, FY2023: −27.09M CNYOperating income, FY2024: −69.94M CNYOperating income, FY2025: −25.83M CNYNet income, FY2021: −137.48M CNYNet income, FY2022: −39.5M CNYNet income, FY2023: −9.58M CNYNet income, FY2024: −42.05M CNYNet income, FY2025: −39.14M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 77.47M CNY. Revenue FY2022 76.48M CNY. Revenue FY2023 534.3M CNY. Revenue FY2024 715.87M CNY. Revenue FY2025 783.09M CNY. Operating income FY2021 −44.36M CNY. Operating income FY2022 −12.17M CNY. Operating income FY2023 −27.09M CNY. Operating income FY2024 −69.94M CNY. Operating income FY2025 −25.83M CNY. Net income FY2021 −137.48M CNY. Net income FY2022 −39.5M CNY. Net income FY2023 −9.58M CNY. Net income FY2024 −42.05M CNY. Net income FY2025 −39.14M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue783.09M CNY715.87M CNY534.3M CNY76.48M CNY77.47M CNY
Cost of goods sold732.52M CNY667.38M CNY479.97M CNY62.88M CNY69.51M CNY
Gross profit50.57M CNY48.49M CNY54.33M CNY13.6M CNY7.96M CNY
Selling, general, and administrative59.12M CNY68.01M CNY63.67M CNY33.21M CNY35.61M CNY
Operating expenses76.4M CNY118.43M CNY81.43M CNY25.77M CNY52.32M CNY
Interest income854K CNY814K CNY489K CNY330K CNY491K CNY
Interest expense8.77M CNY9.95M CNY10.83M CNY8.35M CNY11.57M CNY
Depreciation and amortization4.5M CNY10.38M CNY16.61M CNY12.34M CNY2.81M CNY
Operating income−25.83M CNY−69.94M CNY−27.09M CNY−12.17M CNY−44.36M CNY
Net income−39.14M CNY−42.05M CNY−9.58M CNY−39.5M CNY−137.48M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.06-0.02-0.09-0.16Q1 '22Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q1 '26
Q1 2022, reported Mar 30, 2022: actual -0.119, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual -0.032, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual -0.028, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 0.015, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual -0.028, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual -0.019, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual -0.035, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual -0.054, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates558.27M374.49M190.71M6.93MQ1 '22Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q1 '26
Q1 2022, reported Mar 30, 2022: actual 50.02M HKD, estimate —, surprise —, Comparison unavailable. Q3 2022, reported Aug 29, 2022: actual 8.15M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 79.17M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 25, 2023: actual 517.53M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 61.7M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 452.08M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 28, 2025: actual 313.71M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 302.48M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Mar 17, 2022

1,137:1,000

1901.HK peers

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