NZX Governance Explorer

AFC Group Holdings Limited (AFC)

NZX-listed Financials company — share price, dividends, financials, board of directors and governance score.

AFC Group Holdings Limited (NZX:AFC) last traded at $0.001 on 21 Oct 2026, a market capitalisation of $4M NZD, a board of 5 directors chaired by Yang Xia and a Governance Risk Score of 78/100.

AFC Group Holdings is a diversified financial services company providing consumer finance, insurance, and automotive dealership services across New Zealand and Australia.

Share price
$0.001+0.00%
Market cap
$4MNZD
Return on equity
-75.8%
Governance score
78/100Very Good
Board size
540% independent

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How AFC Group Holdings Limited makes money — FY2024

Revenue $1.3m · Net profit $54k (4.1% of revenue)

AFC Group Holdings Limited (AFC) FY2024: where revenue of $1.3m wentRevenue → EBIT: $128kRevenue → Operating costs incl. depreciation (net of other income): $1.2mEBIT → Net profit: $54kEBIT → Interest: $74kRevenue: $1.3mRevenue$1.3mEBIT: $128kEBIT$128kOperating costs incl. depreciation (net of other income): $1.2m (derived)Operating costs incl.depreciation (net ofother income)$1.2m · derivedNet profit: $54kNet profit$54kInterest: $75kInterest$75k

Band widths are proportional to NZD amounts. Dashed outlines mark derived figures; the hatched node is a balancing item (net profit less every line above it).

AFC Group Holdings Limited FY2024 figures used in the chart
FY2024AmountStatusNote
Revenue$1.3mReported
Operating costs incl. depreciation (net of other income)−$1.2mDerived *Reported operating expenses $0.9m do not reconcile; not used.
Depreciation & amortisation—Not reported
EBIT$128kReported
Interest (net finance costs)−$75kReported
Income tax—Not reportedRecorded as $0 against a pre-tax profit, which is unlikely to be a nil charge; treated as not reported and included in the balancing item.
Tax and other items (net gain)+$1kBalancing item *Net profit less the lines above; covers fair-value movements, impairments, associates and anything else not itemised.
Net profit$54kReported
  • * operating costs: $1.2m = Revenue − EBIT

Figures extracted automatically from the annual report; check against the report. NZD thousands as stored, shown in millions. Source: annual_report_pdf · method: claude_haiku_pdf · extracted 7 March 2026.

Annual report: AFC Group Holdings Limited 2024 Annual Report (PDF, NZX)

Every charted year for AFC, with checks

AFC Group Holdings Limited board of directors

5 current directors, 40% independent, average tenure 7.1 years.

DirectorRoleIndependentAppointedTenureCommittees
Yang XiaChairNo201511.5 yrsAudit & Risk Committee (Chair)
Jianfeng (David) ChenNon-Independent DirectorNo20224.0 yrs—
Jingwei MaIndependent DirectorYes20215.6 yrsAudit & Risk Committee (Chair)
Bo Xian (Charles) CaoIndependent DirectorYes201610.4 yrsAudit & Risk Committee (Chair)
Shuang XiaNon-Independent DirectorNo20224.1 yrsAudit & Risk Committee

AFC governance score breakdown

AFC Group Holdings Limited scores 78/100 (Good) on the NZXplorer Governance Risk Score for FY2026, based on 63% data coverage. See the GRS methodology.

Board structure
15/25
Shareholder rights
20/20
Executive remuneration
0/0

AFC Group Holdings Limited largest shareholders

Top 10 registered holders of AFC as disclosed for FY2026. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.

#HolderHolding
1NZ SILVERAY GROUP LIMITED41.18%
2WEI FANG12.31%
3E WAY HOLDINGS GROUP LIMITED5.42%
4LEI CHEN4.91%
5YINRUI SHEN4.91%
6YONG ZHU3.35%
7SHANSHAN LU3.27%
8SHUOPENG WANG2.73%
9ZHONGSHENG YAO2.73%
10LIN FANG2.69%

Recent AFC NZX announcements

The 10 most recent filings by AFC Group Holdings Limited to the NZX.

AFC Group Holdings Limited (AFC) — frequently asked questions

What does AFC Group Holdings Limited do?

AFC Group Holdings is a diversified financial services company providing consumer finance, insurance, and automotive dealership services across New Zealand and Australia. AFC Group Holdings Limited is listed on the NZX under the ticker AFC, in the Financials sector.

What is the AFC Group Holdings Limited (AFC) share price?

AFC Group Holdings Limited (NZX:AFC) shares closed at $0.001 on 21 October 2026, unchanged on the previous close. At that price its market capitalisation was about $3.7 million, based on 3,664,216,112 shares on issue.

Who are the directors of AFC Group Holdings Limited?

AFC Group Holdings Limited has 5 current directors: Yang Xia (Chair), Jianfeng (David) Chen (Non-Independent Director), Jingwei Ma (Independent Director), Bo Xian (Charles) Cao (Independent Director) and Shuang Xia (Non-Independent Director). 2 of the 5 are recorded as independent (40%). Average board tenure is 7.1 years.

Who is the chair of AFC Group Holdings Limited?

Yang Xia chairs the AFC Group Holdings Limited board, and has been a director since 2015.

Who are the largest shareholders of AFC Group Holdings Limited?

The largest registered holder of AFC shares in the FY2026 top-20 register was NZ SILVERAY GROUP LIMITED, with 41.18%, followed by WEI FANG (12.31%) and E WAY HOLDINGS GROUP LIMITED (5.42%).

What is AFC Group Holdings Limited's governance score?

AFC Group Holdings Limited has an NZXplorer Governance Risk Score of 78/100 (Good) for FY2026, based on 63% data coverage.

When was the last AFC Group Holdings Limited annual meeting?

The most recent AFC Group Holdings Limited annual meeting on record was held on 25 September 2026.

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