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Future Bright Holdings (0703) AI Stock Analysis
Future Bright Holdings
(HKEX:0703)
The score is primarily supported by improved financial stability versus 2020–2022 and continued positive operating/free cash flow, but is capped by very thin recent profitability and sharply lower ROE alongside moderate leverage. Technicals add further pressure with a clear downtrend (below key moving averages and negative MACD), while valuation signals are weak due to a negative P/E and missing dividend yield.
Future Bright Holdings (0703) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 71.51M
- Dividend Yield
- ―
- Average Volume (3M)
- 192.42K
- Price to Earnings (P/E)
- -12.6
- Beta (1Y)
- 0.20
- Revenue Growth
- -0.77%
- EPS Growth
- -140.39%
- Country
- Hong Kong
- Employees
- 665
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Restaurants
Future Bright Holdings Business Overview & Revenue Model
Company Description
Future Bright Holdings Limited is an investment holding enterprise primarily engaged in the food and beverage sector across Hong Kong, Macau, mainland China, and Taiwan. Its operations are organized into three key segments: Food and Catering, Food So...
How the Company Makes Money
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Future Bright Holdings Financial Statement Overview
Summary
Turnaround from 2020–2022 losses is largely complete, with 2023–2025 remaining profitable and operating/free cash flow consistently positive. However, earnings quality has weakened meaningfully since 2023: net margin compressed to ~1.3% (2024) and ~0.9% (2025) and ROE fell sharply (~13.0% in 2023 to ~1.2% in 2025), while leverage remains around ~1x equity—raising sensitivity to small cost or demand shocks.
Income Statement
56NeutralBalance Sheet
52NeutralCash Flow
64Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 482.00M | 492.47M | 480.04M | 491.11M | 285.06M | 475.42M |
| Gross Profit | 99.43M | 115.85M | 109.43M | 127.12M | -12.89M | 12.31M |
| EBITDA | 89.10M | 85.87M | 105.80M | 125.47M | -46.52M | 34.96M |
| Net Income | -5.66M | 4.63M | 6.01M | 48.59M | -125.61M | -72.95M |
Balance Sheet | ||||||
| Total Assets | 928.48M | 964.22M | 958.62M | 1.00B | 949.94M | 1.09B |
| Cash, Cash Equivalents and Short-Term Investments | 50.85M | 69.72M | 32.80M | 42.06M | 26.07M | 36.81M |
| Total Debt | 465.78M | 394.11M | 424.55M | 522.59M | 422.08M | 511.13M |
| Total Liabilities | 574.99M | 608.87M | 608.73M | 647.59M | 654.43M | 683.26M |
| Stockholders Equity | 381.77M | 383.74M | 379.50M | 373.16M | 324.46M | 431.55M |
Cash Flow | ||||||
| Free Cash Flow | 72.39M | 80.58M | 93.55M | 112.69M | -34.23M | 12.39M |
| Operating Cash Flow | 83.39M | 92.11M | 109.13M | 124.56M | -21.51M | 16.64M |
| Investing Cash Flow | -12.61M | -13.08M | -15.78M | -11.94M | -12.72M | -4.25M |
| Financing Cash Flow | -53.34M | -44.85M | -102.42M | -96.54M | 18.54M | -46.55M |
Future Bright Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0703, the sentiment is Neutral. The current price of 0.10 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.10, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 51.74 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0703.
Future Bright Holdings Peers Comparison
Overall Rating
HK:681172Outperform
HK:005263Neutral
HK:034162Neutral
HK:053862Neutral
HK:131451Neutral- HK:070351Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:6811 | 72Outperform | HKD 1.52B | 10.69 | 15.54% | 7.13% | 8.46% | 56.14% |
| HK:0052 | 63Neutral | HKD 642.58M | 15.50 | 6.33% | 6.04% | -0.04% | 16.95% |
| HK:0341 | 62Neutral | HKD 3.35B | 20.37 | 6.13% | 6.73% | -4.50% | -29.22% |
| HK:0538 | 62Neutral | HKD 845.94M | 34.00 | 0.75% | 10.21% | 8.18% | 100.92% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:1314 | 51Neutral | HKD 223.33M | 23.14 | 1.95% | ― | -2.56% | -23.91% |
| HK:0703 | 51Neutral | HKD 70.82M | -12.56 | -1.48% | ― | -0.77% | -140.39% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:0703 | Future Bright Holdings | 0.10 | -0.04 | -27.14% | |
| HK:0052 | Fairwood Holdings | 4.96 | 0.16 | 3.23% | |
| HK:1314 | Tsui Wah Holdings Ltd. | 0.16 | -0.02 | -10.50% | |
| HK:0341 | Cafe de Coral Holdings Ltd. | 5.94 | 0.10 | 1.69% | |
| HK:0538 | Ajisen (China) Holdings Limited | 0.78 | -0.08 | -9.04% | |
| HK:6811 | Tai Hing Group Holdings Ltd. | 1.56 | 0.53 | 51.35% |
Future Bright Holdings Corporate Events
Future Bright Secures Rent Cut on Macau Restaurant Lease
Future Bright Holdings has amended the lease terms for its Macau restaurant Good Fortune Kitchen, after the property changed hands to a new individual landlord who, under Macau law, succeeded as lessor without altering the original contract. Through...
Future Bright Subsidiary Signs Macao Hotel Renovation Deals Deemed Discloseable Transactions
Future Bright Holdings’ wholly owned subsidiary Chun Ieng has signed two renovation contracts with an independent contractor to carry out civil and waterproofing works at restaurant premises in the NÜWA Hotel on Cotai, Macao. The projects,...
Future Bright Swings to Interim Loss as Operating Profit Slides
Future Bright Holdings reported a decline in interim performance for the six months to 30 June 2026, with turnover down 4.5% to HK$220.5 million and gross operating profit falling 29.1%. The period swung to a loss attributable to owners of HK$1.7 mil...
Future Bright Forms Food and Beverage Joint Venture in Greater Bay Area
Future Bright Holdings has formed a new joint venture company with an independent partner, under which Future Bright Restaurant will hold a two‑thirds stake and the partner one‑third, to expand and manage food and beverage operations acro...
Future Bright Sets August Board Meeting to Approve Interim Results and Consider Dividend
Future Bright Holdings has scheduled a board meeting in Hong Kong on 31 August 2026 to review and approve the group’s interim results for the six months ended 30 June 2026, with the intention to subsequently publish these figures to the market....
Future Bright Warns of Half-Year Loss as Catering Business Weakens
Future Bright Holdings Limited has warned of a swing to an unaudited net loss attributable to shareholders of about HK$1.7 million for the six months ended 30 June 2026, compared with a profit of HK$8.6 million a year earlier. The deterioration refle...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 08, 2026