Aankondiging • May 22
Fuxing China Group Limited announces Annual dividend, payable on July 20, 2026 Fuxing China Group Limited announced Annual dividend of SGD 0.0280 per share payable on July 20, 2026, ex-date on May 29, 2026 and record date on June 02, 2026. Aankondiging • Apr 15
Fuxing China Group Limited, Annual General Meeting, Apr 29, 2026 Fuxing China Group Limited, Annual General Meeting, Apr 29, 2026, at 11:00 Singapore Standard Time. Location: level 3, function room 3-1, 60 cecil street, isca house, singapore 049709, Singapore Aankondiging • Feb 23
Fuxing China Group Limited to Report Fiscal Year 2025 Results on Feb 28, 2026 Fuxing China Group Limited announced that they will report fiscal year 2025 results at 12:00 PM, Singapore Standard Time on Feb 28, 2026 Aankondiging • Nov 21
Fuxing China Group Limited has withdrawn its Follow-on Equity Offering in the amount of $9 million. Fuxing China Group Limited has withdrawn its Follow-on Equity Offering in the amount of $9 million.
Security Name: American Depositary Shares
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 1,500,000
Price\Range: $4 to $6
Discount Per Security: $0.42
Transaction Features: New Market Listing Aankondiging • Nov 12
Fuxing China Group Limited has completed a Follow-on Equity Offering in the amount of SGD 1.245 million. Fuxing China Group Limited has completed a Follow-on Equity Offering in the amount of SGD 1.245 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: SGD 0.415
Discount Per Security: SGD 0.02075
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 05
Fuxing China Group Limited has filed a Follow-on Equity Offering in the amount of SGD 1.245 million. Fuxing China Group Limited has filed a Follow-on Equity Offering in the amount of SGD 1.245 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: SGD 0.415
Discount Per Security: SGD 0.02075
Transaction Features: Subsequent Direct Listing Aankondiging • Apr 15
Fuxing China Group Limited, Annual General Meeting, Apr 30, 2025 Fuxing China Group Limited, Annual General Meeting, Apr 30, 2025, at 11:30 Singapore Standard Time. Location: level 4, training room 4-2, 60 cecil street, isca house, singapore 049709, Singapore Reported Earnings • Aug 18
First half 2024 earnings released: EPS: CN¥0.60 (vs CN¥0.22 loss in 1H 2023) First half 2024 results: EPS: CN¥0.60 (up from CN¥0.22 loss in 1H 2023). Revenue: CN¥339.0m (down 10% from 1H 2023). Net income: CN¥10.3m (up CN¥14.1m from 1H 2023). Profit margin: 3.0% (up from net loss in 1H 2023). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Board Change • May 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Lead Independent Non-Executive Director See Lien Low was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 15
Full year 2023 earnings released: CN¥0.64 loss per share (vs CN¥1.55 profit in FY 2022) Full year 2023 results: CN¥0.64 loss per share (down from CN¥1.55 profit in FY 2022). Revenue: CN¥761.8m (down 9.4% from FY 2022). Net loss: CN¥11.0m (down 141% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. New Risk • Apr 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 12% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (45% average weekly change). Market cap is less than US$10m (€2.52m market cap, or US$2.71m). Minor Risk Shareholders have been diluted in the past year (12% increase in shares outstanding). Aankondiging • Apr 02
Fuxing China Group Limited has filed a Follow-on Equity Offering in the amount of $9 million. Fuxing China Group Limited has filed a Follow-on Equity Offering in the amount of $9 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,000,000
Price\Range: $4 to $4.5
Discount Per Security: $0.315
Transaction Features: New Market Listing Reported Earnings • Mar 01
Full year 2023 earnings released: CN¥0.79 loss per share (vs CN¥1.55 profit in FY 2022) Full year 2023 results: CN¥0.79 loss per share (down from CN¥1.55 profit in FY 2022). Revenue: CN¥761.8m (down 9.4% from FY 2022). Net loss: CN¥13.6m (down 151% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Aankondiging • Feb 10
Fuxing China Group Limited to Report Fiscal Year 2023 Results on Feb 29, 2024 Fuxing China Group Limited announced that they will report fiscal year 2023 results on Feb 29, 2024 Aankondiging • Jan 19
Fuxing China Group Limited has filed a Follow-on Equity Offering. Fuxing China Group Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,400,000
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 29
Fuxing China Group Limited Announces Changes in the Composition of the Board and Board Committees, with Effect from 1 January 2024 The Board of Directors (the "Board") of Fuxing China Group Limited announced the following changes to the Board and Board Committees: The appointment of Mr. Low See Lien ("Mr. Low") as Lead Independent Non-Executive Director of the Company with effect from 1 January 2024. Mr. Low will be appointed as a member of the Audit Committee, Nominating Committee and Remuneration Committee of the Company. Dr. Ho Kah Leong ("Dr. Ho") has resigned as Lead Independent Director of the Company with effect from 1 January 2024. Following his resignation, Dr. Ho shall cease to be a member of the Audit Committee, Nominating Committee and Remuneration Committee of the Company. Reconstitution of the Board and Board Committees: Consequent to the above changes, the Board and Board Committees have accordingly been re- constituted as follows, with effect from 1 January 2024: Board of Directors: Mr. Hong Qing Liang (Executive Chairman), Mr. Hong Peng You (Executive Director and Director of Finance and Administration), Mr. Low See Lien (Lead Independent Director), Mr. Lim Cheng Kee (Independent Director), Mr. Qiu Qing Yuan (Independent Director). Audit Committee: Mr. Lim Cheng Kee (Chairman), Mr. Qiu Qing Yuan (Member), Mr. Low See Lien (Member). Nominating Committee: Mr. Qiu Qing Yuan (Chairman), Mr. Lim Cheng Kee (Member), Mr. Low See Lien (Member), Remuneration Committee: Mr. Lim Cheng Kee (Chairman), Mr. Qiu Qing Yuan (Member), Mr. Low See Lien (Member). Aankondiging • Sep 01
Fuxing China Group Limited Announces Company Secretary Changes, Effective 1 September 2023 The Board of Directors of Fuxing China Group Limited announced the appointment of Mr. Chua Kern as Company Secretary in place of Ms. Josephine Toh with effect from 1 September 2023. Aankondiging • Aug 22
Fuxing China Group Limited, Annual General Meeting, Sep 06, 2023 Fuxing China Group Limited, Annual General Meeting, Sep 06, 2023, at 11:00 Singapore Standard Time. Location: 1 Robinson Rd, #21-00 AIA Tower Singapore Singapore Agenda: To consider to receive and adopt the Directors Statement and the Audited Financial Statements of the Company for the financial year ended 31 December 2022 together with the Auditors Report thereon; to consider to re-elect Mr. Lim Cheng Kee, a Director retiring pursuant to Bye-law 86 of the Company’s Bye-laws; to consider to approve the payment of Directors fees of S$115,230 for the financial year ending 31 December 2023, payable half-yearly in arrears; to consider to re-appoint RT LLP as the Auditors of the Company and to authorize the Directors of the Company to fix their remuneration; to consider to transact any other ordinary business which may be transacted at an Annual General Meeting; and to transact such other business issues. Reported Earnings • Aug 17
First half 2023 earnings released: CN¥0.22 loss per share (vs CN¥1.12 profit in 1H 2022) First half 2023 results: CN¥0.22 loss per share (down from CN¥1.12 profit in 1H 2022). Revenue: CN¥377.1m (down 9.4% from 1H 2022). Net loss: CN¥3.84m (down 120% from profit in 1H 2022). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. New Risk • Aug 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% 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 Share price has been highly volatile over the past 3 months (41% average weekly change). Market cap is less than US$10m (€4.06m market cap, or US$4.44m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.4% net profit margin). Aankondiging • Aug 13
Fuxing China Group Limited Provides Earnings Guidance for the Half Year Ended 30 June 2023 Fuxing China Group Limited provided earnings guidance for the half year ended 30 June 2023. For the period, the Group expected to report a net loss mainly due to lower revenue as a result of a softening in demand from its customers; and higher cost of sales and general and administrative expenses. Aankondiging • Aug 12
Fuxing China Group Limited to Report First Half, 2023 Results on Aug 14, 2023 Fuxing China Group Limited announced that they will report first half, 2023 results on Aug 14, 2023 Aankondiging • Aug 02
Fuxing China Group Limited Announces Resignation of Ms. Sarah Zeng as Company Secretary The Board of Directors of Fuxing China Group Limited announced the resignation of Ms. Sarah Zeng as Company Secretary with effect from 1 August 2023. Following the aforesaid, Ms. Josephine Toh will remain as the Company Secretary. Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: CN¥1.55 (vs CN¥3.24 in FY 2021) Full year 2022 results: EPS: CN¥1.55 (down from CN¥3.24 in FY 2021). Revenue: CN¥841.1m (up 10% from FY 2021). Net income: CN¥26.6m (down 52% from FY 2021). Profit margin: 3.2% (down from 7.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Independent Director Cheng Kee Lim was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down CN¥5.95m from profit in 1H 2021). Profit margin: (down from 1.7% in 1H 2021). The decrease in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 17
Full year 2021 earnings released: EPS: CN¥3.36 (vs CN¥8.61 loss in FY 2020) Full year 2021 results: EPS: CN¥3.36 (up from CN¥8.61 loss in FY 2020). Revenue: CN¥766.4m (up 9.8% from FY 2020). Net income: CN¥57.9m (up CN¥205.9m from FY 2020). Profit margin: 7.5% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Aankondiging • Jun 01
Fuxing China Group Limited, Annual General Meeting, Jun 30, 2022 Fuxing China Group Limited, Annual General Meeting, Jun 30, 2022. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Independent Director Cheng Kee Lim was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: CN¥3.36 (up from CN¥8.61 loss in FY 2020). Revenue: CN¥766.4m (up 9.8% from FY 2020). Net income: CN¥57.9m (up CN¥205.9m from FY 2020). Profit margin: 7.5% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue exceeded analyst estimates by 13%. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Aankondiging • Mar 01
Fuxing China Group Limited Announces Executive Changes Fuxing China Group Limited announced that Dr. Ho Kah Leong, Chairman of the Audit Committee, will be re-designated as a member of the AC. Mr. Lim Cheng Kee, an Independent Director of the Company, will be re-designated from a member of the AC to Chairman of the AC. The company also announced that Ms. Sarah Zeng will be appointed as Company Secretary of the Company with effect from 1 Marc 2022. Following the above appointment, the Company Secretaries of the Company are Ms. Josephine Toh and Ms. Sarah Zeng. Aankondiging • Feb 19
Fuxing China Group Limited to Report Fiscal Year 2021 Results on Feb 28, 2022 Fuxing China Group Limited announced that they will report fiscal year 2021 results After-Market on Feb 28, 2022 Aankondiging • Jan 22
Fuxing China Group Limited Provides Earnings Guidance for the Financial Year Ended December 31, 2021 Fuxing China Group Limited provided earnings guidance for the financial year ended December 31, 2021. For the year, the group is expected to report a profit after tax, compared to significant loss for the corresponding period of the previous financial year. The Expected PAT was mainly due to the increase in sales and the improvement in the gross profit arising from the increase in sales orders as the result of the increase in demand from its customers; and the reversal of allowance for doubtful trade receivables arising from settlement of long outstanding balances by customers. Reported Earnings • Apr 17
Full year 2020 earnings released: CN¥8.61 loss per share (vs CN¥2.27 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥697.9m (down 5.8% from FY 2019). Net loss: CN¥148.1m (loss widened 279% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 04
New 90-day high: €0.40 The company is up 33% from its price of €0.30 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 5.0% over the same period. Reported Earnings • Feb 28
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥697.9m (down 5.8% from FY 2019). Net loss: CN¥148.1m (loss widened 279% from FY 2019). Aankondiging • Feb 19
Fuxing China Group Limited to Report Fiscal Year 2020 Results on Feb 26, 2021 Fuxing China Group Limited announced that they will report fiscal year 2020 results After-Market on Feb 26, 2021 Is New 90 Day High Low • Sep 24
New 90-day high: €0.41 The company is up 18% from its price of €0.35 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 12% over the same period. Aankondiging • Aug 06
Fuxing China Group Limited to Report First Half, 2020 Results on Aug 14, 2020 Fuxing China Group Limited announced that they will report first half, 2020 results on Aug 14, 2020