F
Fenbo Holdings Ltd
FEBOCIK 0001957001NasdaqNon-AcceleratedEmerging GrowthElectric Housewares & FansE9KYFY ends Dec 31
Period
FY 2024
Revenue
$17.11M
Net Income
$-1.99M
Total Assets
$12.41M
Equity
$5.86M
Shares Out
11.06M
Op. Cash Flow
$-2.75M
Business
Fenbo Holdings Ltd is a holding company that, through its operating subsidiaries, designs, manufactures and markets personal care electric appliances and related consumer products. It offers electrical hair styling products such as straighteners, curlers, wands, hair dryers, trimmers and other personal care items. Its principal operating divisions include AIL (sales and marketing), FIL (group management) and FPPF (production, engineering and in‑house R&D). The Company distributes products primarily to overseas customers as an OEM, with sales focused in Europe, the United States and Latin America.
Summary from filing dated 2025-05-14
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | Dec 31, 2025 2025-12-31 | Dec 31, 2024 2024-12-31 | Dec 31, 2023 2023-12-31 |
|---|---|---|---|---|
| Revenue | 85 | 133 | 119 | |
| Cost of sales | 74 | 108 | 97 | |
| Gross profit | 11 | 25 | 22 | |
| Operating expenses: | — | — | — | |
| Selling and marketing expenses | 1 | 2 | 2 | |
| General and administrative expenses | 20 | 36 | 21 | |
| Total operating expenses | 22 | 39 | 22 | |
| Loss from operations | −11 | −14 | −390,000 | |
| Other income (expenses): | — | — | — | |
| Foreign Currency Gain/Loss | −43,000 | — | 213,000 | |
| Gain/Loss on Dispositions | 100,000 | — | −1,000 | |
| Interest and Dividend Income (Non-Bank) | 99,000 | 275,000 | 84,000 | |
| Interest expense | 275,000 | 552,000 | 2 | |
| Government grant | — | 167,000 | 205,000 | |
| Non-Operating Income (Expense) | 349,000 | 132,000 | 266,000 | |
| Total other (expenses) income, net | 230,000 | 22,000 | −941,000 | |
| Income Before Tax | −11 | −14 | −1 | |
| Income tax expense | — | 2 | 131,000 | |
| Net loss | −11 | −15 | −1 | |
| Other comprehensive loss | — | — | — | |
| Foreign currency translation (loss) gain, net of taxes | 755,000 | −854,000 | −809,000 | |
| Total comprehensive income loss | −10 | −16 | −2 | |
| Earnings Per Share | — | — | — | |
| Earnings Per Share (Basic) | −96.21 | −139.98 | −14.5 | |
| Earnings Per Share (Diluted) | −96.21 | −139.98 | −14.5 | |
| Shares Outstanding | — | — | — | |
| Basic | 11 | 11 | 10 | |
| Diluted | 11 | 11 | 10 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | Dec 31, 2025 2025-12-31 | Dec 31, 2024 2024-12-31 |
|---|---|---|---|
| Assets | — | — | |
| Current assets: | — | — | |
| Cash and Cash Equivalents | 19 | 27 | |
| Accounts Receivable, Gross | 27 | 37 | |
| Inventory | 10 | 12 | |
| Other Non-Operating Current Assets | 4 | 4 | |
| Total current assets | 59 | 80 | |
| Property, Plant and Equipment | 810,000 | 1 | |
| Operating Lease Right-of-Use Asset | 11 | 15 | |
| Total non-current assets | 12 | 16 | |
| TOTAL ASSETS | 71 | 96 | |
| Liabilities | — | — | |
| Current liabilities | — | — | |
| Short-Term Debt | 3 | 11 | |
| Accounts Payable | 14 | 15 | |
| Other Current Liabilities | 7 | 6 | |
| Operating Lease Liability, Current | 4 | 6 | |
| Other Non-Operating Current Liabilities | 611,000 | 3 | |
| Total current liabilities | 29 | 41 | |
| Non-current liabilities | — | — | |
| Operating Lease Liability, Non-Current | 7 | 9 | |
| TOTAL LIABILITIES | 36 | 51 | |
| Commitments and contingencies | — | — | |
| Shareholders’ equity | — | — | |
| Preferred Stock | — | — | |
| Total Stockholders' Equity | 7,000 | 9,000 | |
| Additional Paid-In Capital | 31 | 31 | |
| Statutory reserve | 3 | 3 | |
| Retained Earnings | 3 | 13 | |
| Accumulated Other Comprehensive Income | −353,000 | −1 | |
| Total shareholders' equity | 36 | 46 | |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 71 | 96 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | Dec 31, 2025 2025-12-31 | Dec 31, 2024 2024-12-31 | Dec 31, 2023 2023-12-31 |
|---|---|---|---|---|
| Operating activities | — | — | — | |
| Net loss | −11 | −15 | −1 | |
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | — | — | — | |
| Depreciation Expense | 459,000 | 505,000 | 506,000 | |
| Finance Lease Expense | — | 7 | 5 | |
| Interest on lease liabilities | 275,000 | 368,000 | 313,000 | |
| Loss (gain) on disposal of property, plant and equipment | 100,000 | — | −1,000 | |
| Change in operating assets and liabilities: | — | — | — | |
| Change in accounts receivable | −11 | 6 | −789,000 | |
| Change in inventories | −2 | −2 | −1 | |
| Change in prepaid expenses and other current assets | 43,000 | −2 | −3 | |
| Change in accounts payable | −1 | −4 | 5 | |
| Change in Accrued Liabilities | 547,000 | −858,000 | 1 | |
| Net Cash from Operating Activities | — | −7 | −6 | |
| Net cash provided by (used in) operating activities | 2 | −21 | 10 | |
| Investing activities | — | — | — | |
| Proceeds from Sale of PP&E | 100,000 | — | — | |
| Purchase of property, plant and equipment | 59,000 | 405,000 | 284,000 | |
| Net cash used in investing activities | 41,000 | −405,000 | −284,000 | |
| Financing activities | — | — | — | |
| Stock Repurchases (Issuances) | — | 2 | 26 | |
| Net Cash from Financing Activities | −2 | 643,000 | −3 | |
| Repayment of bank loans | 8 | — | — | |
| Net cash provided by (used in) financing activities | −10 | 3 | 23 | |
| Net increase (decrease) in cash | −9 | −19 | 33 | |
| Effect of Exchange Rate on Cash | 378,000 | 167,000 | −254,000 | |
| Cash as of the end of the year | — | — | — | |
| Cash as of the end of the year | — | — | — | |
| Supplementary Cash Flows Information | — | — | — | |
| Interest Expense | 275,000 | 837,000 | 2 | |
| Income Tax Expense | −9,000 | −206,000 | −196,000 |
Filings
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