Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥56.25, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 47x in the Electrical industry in China. Total returns to shareholders of 239% over the past three years. Ankündigung • Jun 30
Fuda New Material Group Co. Ltd. to Report First Half, 2026 Results on Aug 29, 2026 Fuda New Material Group Co. Ltd. announced that they will report first half, 2026 results on Aug 29, 2026 Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥86.00, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 60x in the Electrical industry in China. Total returns to shareholders of 506% over the past three years. Declared Dividend • Jun 08
Dividend of CN¥0.15 announced Shareholders will receive a dividend of CN¥0.15. Ex-date: 11th June 2026 Payment date: 11th June 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.1% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to CN¥83.41, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 61x in the Electrical industry in China. Total returns to shareholders of 465% over the past three years. New Risk • May 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (25% accrual ratio). Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to CN¥46.68, the stock trades at a trailing P/E ratio of 58.5x. Average forward P/E is 28x in the Electrical industry in China. Total returns to shareholders of 233% over the past three years. Ankündigung • Apr 24
Fuda Alloy Materials Co.,Ltd, Annual General Meeting, May 15, 2026 Fuda Alloy Materials Co.,Ltd, Annual General Meeting, May 15, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wenzhou, Zhejiang China Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥34.23, the stock trades at a trailing P/E ratio of 77.8x. Average forward P/E is 26x in the Electrical industry in China. Total returns to shareholders of 147% over the past three years. Ankündigung • Mar 30
Fuda Alloy Materials Co.,Ltd to Report Q1, 2026 Results on Apr 30, 2026 Fuda Alloy Materials Co.,Ltd announced that they will report Q1, 2026 results on Apr 30, 2026 New Risk • Mar 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 5.7% per year over the past 5 years. High level of non-cash earnings (27% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥34.98, the stock trades at a trailing P/E ratio of 79.5x. Average forward P/E is 28x in the Electrical industry in China. Total returns to shareholders of 148% over the past three years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥28.93, the stock trades at a trailing P/E ratio of 65.8x. Average forward P/E is 28x in the Electrical industry in China. Total returns to shareholders of 99% over the past three years. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥23.07, the stock trades at a trailing P/E ratio of 52.5x. Average forward P/E is 26x in the Electrical industry in China. Total returns to shareholders of 65% over the past three years. Ankündigung • Dec 26
Fuda Alloy Materials Co.,Ltd to Report Fiscal Year 2025 Results on Apr 24, 2026 Fuda Alloy Materials Co.,Ltd announced that they will report fiscal year 2025 results on Apr 24, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.23 (vs CN¥0.037 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.23 (up from CN¥0.037 in 3Q 2024). Revenue: CN¥1.26b (up 24% from 3Q 2024). Net income: CN¥30.6m (up CN¥25.6m from 3Q 2024). Profit margin: 2.4% (up from 0.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year. Ankündigung • Sep 30
Fuda Alloy Materials Co.,Ltd to Report Q3, 2025 Results on Oct 30, 2025 Fuda Alloy Materials Co.,Ltd announced that they will report Q3, 2025 results on Oct 30, 2025 Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥18.74, the stock trades at a trailing P/E ratio of 75.5x. Average trailing P/E is 43x in the Electrical industry in China. Total returns to shareholders of 22% over the past three years. Ankündigung • Jun 30
Fuda Alloy Materials Co.,Ltd to Report First Half, 2025 Results on Aug 28, 2025 Fuda Alloy Materials Co.,Ltd announced that they will report first half, 2025 results on Aug 28, 2025 New Risk • Jun 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 5.8% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (0.8% net profit margin). Declared Dividend • Jun 07
Dividend of CN¥0.061 announced Dividend of CN¥0.061 is the same as last year. Ex-date: 11th June 2025 Payment date: 11th June 2025 Dividend yield will be 0.3%, which is lower than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (25% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 73% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.6% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥18.54, the stock trades at a trailing P/E ratio of 74.7x. Average trailing P/E is 40x in the Electrical industry in China. Total returns to shareholders of 10% over the past three years. New Risk • May 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.8% Last year net profit margin: 1.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 5.8% per year over the past 5 years. High level of non-cash earnings (31% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin). Reported Earnings • Apr 28
Full year 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.30 in FY 2023) Full year 2024 results: EPS: CN¥0.34 (up from CN¥0.30 in FY 2023). Revenue: CN¥3.85b (up 38% from FY 2023). Net income: CN¥45.6m (up 12% from FY 2023). Profit margin: 1.2% (down from 1.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year. Ankündigung • Apr 26
Fuda Alloy Materials Co.,Ltd, Annual General Meeting, May 16, 2025 Fuda Alloy Materials Co.,Ltd, Annual General Meeting, May 16, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wenzhou, Zhejiang China Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to CN¥13.76, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 34x in the Electrical industry in China. Total loss to shareholders of 16% over the past three years. Ankündigung • Mar 28
Fuda Alloy Materials Co.,Ltd to Report Q1, 2025 Results on Apr 30, 2025 Fuda Alloy Materials Co.,Ltd announced that they will report Q1, 2025 results on Apr 30, 2025 Ankündigung • Dec 27
Fuda Alloy Materials Co.,Ltd to Report Fiscal Year 2024 Results on Apr 26, 2025 Fuda Alloy Materials Co.,Ltd announced that they will report fiscal year 2024 results on Apr 26, 2025 New Risk • Nov 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 76% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 9.0% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.4% net profit margin). Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.037 (vs CN¥0.053 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.037 (down from CN¥0.053 in 3Q 2023). Revenue: CN¥1.01b (up 35% from 3Q 2023). Net income: CN¥5.03m (down 29% from 3Q 2023). Profit margin: 0.5% (down from 1.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥14.11, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 34x in the Electrical industry in China. Total loss to shareholders of 24% over the past three years. New Risk • Oct 09
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 11% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Ankündigung • Sep 30
Fuda Alloy Materials Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024 Fuda Alloy Materials Co.,Ltd announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥11.72, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 29x in the Electrical industry in China. Total loss to shareholders of 15% over the past three years. New Risk • Sep 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 11% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.22 (vs CN¥0.14 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.22 (up from CN¥0.14 in 2Q 2023). Revenue: CN¥1.03b (up 51% from 2Q 2023). Net income: CN¥29.6m (up 54% from 2Q 2023). Profit margin: 2.9% (up from 2.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 13% per year. Ankündigung • Jun 28
Fuda Alloy Materials Co.,Ltd to Report First Half, 2024 Results on Aug 28, 2024 Fuda Alloy Materials Co.,Ltd announced that they will report first half, 2024 results on Aug 28, 2024 Reported Earnings • Apr 27
Full year 2023 earnings released: EPS: CN¥0.30 (vs CN¥0.22 in FY 2022) Full year 2023 results: EPS: CN¥0.30 (up from CN¥0.22 in FY 2022). Revenue: CN¥2.79b (up 27% from FY 2022). Net income: CN¥40.9m (up 37% from FY 2022). Profit margin: 1.5% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Ankündigung • Apr 27
Fuda Alloy Materials Co.,Ltd, Annual General Meeting, May 16, 2024 Fuda Alloy Materials Co.,Ltd, Annual General Meeting, May 16, 2024, at 14:30 China Standard Time. Location: The Company's Meeting Room, Wenzhou, Zhejiang China Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥11.10, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 27x in the Electrical industry in China. Total loss to shareholders of 2.2% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥13.55, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 31x in the Electrical industry in China. Total returns to shareholders of 21% over the past three years. Ankündigung • Mar 29
Fuda Alloy Materials Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Fuda Alloy Materials Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥10.97, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 27x in the Electrical industry in China. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to CN¥9.92, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 26x in the Electrical industry in China. Total returns to shareholders of 1.7% over the past three years. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥13.34, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 32x in the Electrical industry in China. Total returns to shareholders of 27% over the past three years. Ankündigung • Dec 29
Fuda Alloy Materials Co.,Ltd to Report Fiscal Year 2023 Results on Apr 26, 2024 Fuda Alloy Materials Co.,Ltd announced that they will report fiscal year 2023 results on Apr 26, 2024 Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.062 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.053 (up from CN¥0.062 loss in 3Q 2022). Revenue: CN¥746.0m (up 49% from 3Q 2022). Net income: CN¥7.13m (up CN¥15.5m from 3Q 2022). Profit margin: 1.0% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Ankündigung • Sep 30
Fuda Alloy Materials Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023 Fuda Alloy Materials Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.14 (vs CN¥0.11 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.14 (up from CN¥0.11 in 2Q 2022). Revenue: CN¥678.7m (up 27% from 2Q 2022). Net income: CN¥19.3m (up 31% from 2Q 2022). Profit margin: 2.8% (up from 2.7% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • Jul 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥16.69, the stock trades at a trailing P/E ratio of 68.3x. Average trailing P/E is 39x in the Electrical industry in China. Total returns to shareholders of 17% over the past three years. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.053 (vs CN¥0.028 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.053 (up from CN¥0.028 in 1Q 2022). Revenue: CN¥521.0m (down 16% from 1Q 2022). Net income: CN¥7.15m (up 86% from 1Q 2022). Profit margin: 1.4% (up from 0.6% in 1Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorated over the past week After last week's 18% share price decline to CN¥14.91, the stock trades at a trailing P/E ratio of 79.9x. Average trailing P/E is 36x in the Electrical industry in China. Total returns to shareholders of 6.1% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 27
Third quarter 2022 earnings released: CN¥0.062 loss per share (vs CN¥0.048 profit in 3Q 2021) Third quarter 2022 results: CN¥0.062 loss per share (down from CN¥0.048 profit in 3Q 2021). Revenue: CN¥499.8m (down 33% from 3Q 2021). Net loss: CN¥8.37m (down 229% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.21 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.11 (down from CN¥0.21 in 2Q 2021). Revenue: CN¥534.7m (down 37% from 2Q 2021). Net income: CN¥14.7m (down 48% from 2Q 2021). Profit margin: 2.7% (down from 3.3% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 15% share price gain to CN¥18.75, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 43x in the Electrical industry in China. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥16.59, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 32x in the Electrical industry in China. Total returns to shareholders of 4.4% over the past three years. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥18.28, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 38x in the Electrical industry in China. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥20.38, the stock trades at a trailing P/E ratio of 47.8x. Average trailing P/E is 45x in the Electrical industry in China. Total loss to shareholders of 1.4% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.048 (vs CN¥0.18 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥743.5m (up 18% from 3Q 2020). Net income: CN¥6.48m (down 73% from 3Q 2020). Profit margin: 0.9% (down from 3.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 43% share price gain to CN¥22.00, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 40x in the Electrical industry in China. Total loss to shareholders of 4.0% over the past three years. Board Change • Oct 18
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.21 (vs CN¥0.11 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥850.5m (up 54% from 2Q 2020). Net income: CN¥28.2m (up 95% from 2Q 2020). Profit margin: 3.3% (up from 2.6% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS CN¥0.054 (vs CN¥0.074 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥608.7m (up 136% from 1Q 2020). Net income: CN¥7.35m (up CN¥17.5m from 1Q 2020). Profit margin: 1.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥10.11 The company is down 23% from its price of CN¥13.16 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥12.30 The company is down 10.0% from its price of CN¥13.65 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 23% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: CN¥12.37 The company is down 14% from its price of CN¥14.42 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 6.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥51.0m, down 29% from the prior year. Total revenue was CN¥1.93b over the last 12 months, up 33% from the prior year. Is New 90 Day High Low • Sep 24
New 90-day low: CN¥13.12 The company is down 6.0% from its price of CN¥13.97 on 24 June 2020. The Chinese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 13% over the same period. Ankündigung • Sep 01
Fuda Alloy Materials Co., Ltd. Announces the Change of Accounting Policy Fuda Alloy Materials Co., Ltd. announced the change of accounting policy. Ankündigung • Jul 18
Fuda Alloy Materials Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 Fuda Alloy Materials Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020 
