Added to YB: 2026-09-09
Pitch date: 2026-09-07
1448.HK [neutral]
Fu Shou Yuan International Group Limited
Author Info
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Company Info
Fu Shou Yuan International Group Limited, together with its subsidiaries, provides burial and funeral services in the People’s Republic of China.
Market Cap
HKD 5.3B
Pitch Price
N/A
Price Target
N/A
Dividend
20.97%
EV/EBITDA
8.56
P/E
-28.23
EV/Sales
2.43
Sector
Diversified Consumer Services
Category
special_situation
Theoria Weekly #7 - Fu Shou Yuan Received A 96%-Discount Tender Offer
1448.HK (update): Fu Shou Yuan combines scarce cemetery assets with severe governance and operating deterioration: 2024 revenue fell 21% and profit 53%, while first-half 2025 revenue dropped another 45% and impairments drove a loss. Shares remain suspended pending an independent investigation, internal-control remediation and other exchange conditions. A partial tender for up to ~5% at HK$0.10 — 96% below the last HK$2.64 trade — may be intended to shake out fearful shareholders.
Read full article (2 min)