Hong Kong Stock Exchange · Industrials
Invest in Furniweb stock from India
Indian and foreign residents can buy Furniweb (8480) shares directly through Paasa.
By Paasa · Updated
Furniweb at a glance
- Price
- HK$0.15+HK$0.00 (0.00%)
- Market cap
- HK$134.80M
- Day range
- HK$0.14 – HK$0.15
- P/E
- 3.68
- Dividend yield
- 10.27%
- Volume
- 684.00K
- 1 month
- +13.18%
- 6 months
- -3.31%
- YTD
- +7.35%
- 1 year
- -22.34%
- 5 years
- -50.51%
Furniweb statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | MYR 234.3M | MYR 191.1M | MYR 216.8M | MYR 162.2M | MYR 132.9M |
| Gross profit | MYR 60.6M | MYR 52.7M | MYR 57.3M | MYR 41.4M | MYR 46.2M |
| Operating income | MYR 28.4M | MYR 19.8M | MYR 20.7M | MYR 14.8M | MYR 15.8M |
| Net income | MYR 27.1M | MYR 9.0M | MYR 12.5M | MYR 18.2M | −MYR 770.0K |
| Earnings per share | MYR 0.03 | MYR 0.02 | MYR 0.02 | MYR 0.03 | −MYR 0.00 |
| EBITDA | MYR 31.8M | MYR 22.2M | MYR 25.4M | MYR 16.6M | MYR 13.8M |
| Total assets | MYR 292.2M | MYR 206.0M | MYR 199.9M | MYR 217.6M | MYR 134.8M |
| Total debt | MYR 17.0M | MYR 19.9M | MYR 19.0M | MYR 36.7M | MYR 12.5M |
| Cash and short-term investments | MYR 87.8M | MYR 61.4M | MYR 58.0M | MYR 59.8M | MYR 34.4M |
| Shareholders' equity | MYR 210.4M | MYR 142.8M | MYR 138.4M | MYR 124.7M | MYR 99.3M |
| Operating cash flow | MYR 38.6M | MYR 30.5M | MYR 35.6M | MYR 1.7M | MYR 6.8M |
| Free cash flow | MYR 37.6M | MYR 23.2M | MYR 26.7M | −MYR 1.2M | MYR 3.6M |
| Capital expenditure | −MYR 1.0M | −MYR 7.3M | −MYR 8.9M | −MYR 2.9M | −MYR 3.2M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in MYR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| MS | 1451.HK | HK$1.42 | HK$289.23M |
| Hang Pin Living Technology | 1682.HK | HK$0.14 | HK$212.20M |
| Yangtzekiang Garment | 0294.HK | HK$0.96 | HK$197.44M |
| Huicheng International | 1146.HK | HK$0.06 | HK$189.50M |
| China Ting | 3398.HK | HK$0.08 | HK$176.38M |
| Cirtek | 1433.HK | HK$0.08 | HK$161.15M |
| Kam Hing International | 2307.HK | HK$0.17 | HK$143.54M |
| Casablanca | 2223.HK | HK$0.50 | HK$127.64M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Furniweb from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to HKD when you buy.
Step 3
Search 8480 and buy
Find Furniweb by name or by its ticker, 8480, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in Furniweb from India
What Furniweb does
Furniweb Holdings Limited, an investment holding company, manufactures and sells elastic textile, webbings, rubber tape, and other manufacturing products. It operates in two segments, Manufacturing and Energy Efficiency. Furniweb operates in the Manufacturing - Textiles industry within the Industrials sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Furniweb stock from India?
Yes. Indian residents and NRIs can buy Furniweb (8480) shares directly through Paasa. Furniweb is listed on the Hong Kong Stock Exchange, in the Manufacturing - Textiles industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Furniweb share?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$0.15 a share, size the order by the lot, not by the share.
How are Furniweb dividends taxed for Indian investors?
Furniweb trades on the Hong Kong Stock Exchange but is domiciled in Malaysia, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Furniweb shares?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the HKD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.