New Risk • Jul 20
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 9.5% 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 Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Large one-off items impacting financial results. Announcement • Jun 30
Fujian Furi Electronics Co.,Ltd to Report First Half, 2026 Results on Aug 11, 2026 Fujian Furi Electronics Co.,Ltd announced that they will report first half, 2026 results on Aug 11, 2026 Announcement • Jun 02
Fujian Furi Electronics Co.,Ltd, Annual General Meeting, Jun 22, 2026 Fujian Furi Electronics Co.,Ltd, Annual General Meeting, Jun 22, 2026, at 14:45 China Standard Time. Location: 13F, Building 2, No. 153, Wuyi North Road, Gulou District, Fuzhou, Fujian China New Risk • Apr 21
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 14% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Reported Earnings • Apr 15
Full year 2025 earnings released: CN¥0.082 loss per share (vs CN¥0.65 loss in FY 2024) Full year 2025 results: CN¥0.082 loss per share (improved from CN¥0.65 loss in FY 2024). Revenue: CN¥13.9b (up 31% from FY 2024). Net loss: CN¥48.5m (loss narrowed 87% from FY 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Mar 30
Fujian Furi Electronics Co.,Ltd to Report Q1, 2026 Results on Apr 18, 2026 Fujian Furi Electronics Co.,Ltd announced that they will report Q1, 2026 results on Apr 18, 2026 Announcement • Dec 26
Fujian Furi Electronics Co.,Ltd to Report Fiscal Year 2025 Results on Apr 15, 2026 Fujian Furi Electronics Co.,Ltd announced that they will report fiscal year 2025 results on Apr 15, 2026 Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.068 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.11 (up from CN¥0.068 loss in 3Q 2024). Revenue: CN¥4.01b (up 58% from 3Q 2024). Net income: CN¥65.3m (up CN¥105.8m from 3Q 2024). Profit margin: 1.6% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 30
Fujian Furi Electronics Co.,Ltd to Report Q3, 2025 Results on Oct 31, 2025 Fujian Furi Electronics Co.,Ltd announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: CN¥0.12 (vs CN¥0 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.12 (up from CN¥0 in 2Q 2024). Revenue: CN¥3.33b (up 12% from 2Q 2024). Net income: CN¥62.4m (up CN¥62.5m from 2Q 2024). Profit margin: 1.9% (up from 0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. New Risk • Aug 07
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 6.6% 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 Risk Earnings have declined by 40% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Announcement • Jun 30
Fujian Furi Electronics Co.,Ltd to Report First Half, 2025 Results on Aug 09, 2025 Fujian Furi Electronics Co.,Ltd announced that they will report first half, 2025 results on Aug 09, 2025 Announcement • Jun 06
Fujian Furi Electronics Co.,Ltd, Annual General Meeting, Jun 27, 2025 Fujian Furi Electronics Co.,Ltd, Annual General Meeting, Jun 27, 2025, at 14:45 China Standard Time. Location: 13F, Building 2, No. 153, Wuyi North Road, Gulou District, Fuzhou, Fujian China Reported Earnings • Apr 12
Full year 2024 earnings released: CN¥0.65 loss per share (vs CN¥0.48 loss in FY 2023) Full year 2024 results: CN¥0.65 loss per share (further deteriorated from CN¥0.48 loss in FY 2023). Revenue: CN¥10.6b (flat on FY 2023). Net loss: CN¥384.2m (loss widened 34% from FY 2023). 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 6% per year, which means it is well ahead of earnings. Announcement • Mar 28
Fujian Furi Electronics Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 Fujian Furi Electronics Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Dec 27
Fujian Furi Electronics Co.,Ltd to Report Fiscal Year 2024 Results on Apr 12, 2025 Fujian Furi Electronics Co.,Ltd announced that they will report fiscal year 2024 results on Apr 12, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: CN¥0.068 loss per share (vs CN¥0.018 loss in 3Q 2023) Third quarter 2024 results: CN¥0.068 loss per share (further deteriorated from CN¥0.018 loss in 3Q 2023). Revenue: CN¥2.53b (down 29% from 3Q 2023). Net loss: CN¥40.6m (loss widened 300% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Sep 30
Fujian Furi Electronics Co.,Ltd to Report Q3, 2024 Results on Oct 31, 2024 Fujian Furi Electronics Co.,Ltd announced that they will report Q3, 2024 results on Oct 31, 2024 New Risk • Sep 25
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 6.7% 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 Risk Earnings have declined by 56% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: CN¥0 (vs CN¥0.08 loss in 2Q 2023) Second quarter 2024 results: EPS: CN¥0 (improved from CN¥0.08 loss in 2Q 2023). Revenue: CN¥2.97b (up 34% from 2Q 2023). Net loss: CN¥80.9k (loss narrowed 100% from 2Q 2023). Profit margin: 0% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Aug 17
Chen Ruihua completed the acquisition of 65% stake in Fujian Furuixing International Trade Co., Ltd. from Fujian Furi Electronics Co.,Ltd (SHSE:600203). Chen Ruihua agreed to acquire 65% stake in Fujian Furuixing International Trade Co., Ltd. from Fujian Furi Electronics Co.,Ltd (SHSE:600203) for CNY 10.1 million on July 29, 2024. Chen Ruihua signed equity transfer agreement to acquire 65% stake in Fujian Furuixing International Trade Co., Ltd from Fujian Furi Electronics Co.,Ltd (SHSE:600203) on August 1, 2024. A cash consideration of CNY 10.05 million will be paid by Chen Ruihua. As part of consideration, CNY 10.05 million is paid towards common equity of Fujian Furuixing International Trade Co., Ltd.
The deal has been approved by the board of directors of Fujian Furi Electronics Co.,Ltd.
Chen Ruihua completed the acquisition of 65% stake in Fujian Furuixing International Trade Co., Ltd. from Fujian Furi Electronics Co.,Ltd (SHSE:600203) on August 17, 2024. Announcement • Jun 28
Fujian Furi Electronics Co.,Ltd to Report First Half, 2024 Results on Aug 22, 2024 Fujian Furi Electronics Co.,Ltd announced that they will report first half, 2024 results on Aug 22, 2024 Buy Or Sell Opportunity • May 08
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 72% to CN¥7.00. The fair value is estimated to be CN¥5.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 14% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 01
Fujian Furi Electronics Co.,Ltd, Annual General Meeting, May 20, 2024 Fujian Furi Electronics Co.,Ltd, Annual General Meeting, May 20, 2024, at 14:45 China Standard Time. Location: 13F, Building 2, No. 153, Wuyi North Road, Gulou District, Fuzhou, Fujian China Reported Earnings • Apr 30
First quarter 2024 earnings released: CN¥0.16 loss per share (vs CN¥0.13 loss in 1Q 2023) First quarter 2024 results: CN¥0.16 loss per share (further deteriorated from CN¥0.13 loss in 1Q 2023). Revenue: CN¥2.34b (up 22% from 1Q 2023). Net loss: CN¥93.4m (loss widened 25% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 12
Full year 2023 earnings released: CN¥0.48 loss per share (vs CN¥0.53 loss in FY 2022) Full year 2023 results: CN¥0.48 loss per share (improved from CN¥0.53 loss in FY 2022). Revenue: CN¥10.6b (down 36% from FY 2022). Net loss: CN¥286.3m (loss narrowed 8.5% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Announcement • Mar 29
Fujian Furi Electronics Co.,Ltd to Report Q1, 2024 Results on Apr 30, 2024 Fujian Furi Electronics Co.,Ltd announced that they will report Q1, 2024 results on Apr 30, 2024 Announcement • Dec 30
Fujian Furi Electronics Co.,Ltd to Report Fiscal Year 2023 Results on Apr 12, 2024 Fujian Furi Electronics Co.,Ltd announced that they will report fiscal year 2023 results on Apr 12, 2024 Reported Earnings • Oct 27
Third quarter 2023 earnings released: CN¥0.018 loss per share (vs CN¥0.30 loss in 3Q 2022) Third quarter 2023 results: CN¥0.018 loss per share (improved from CN¥0.30 loss in 3Q 2022). Revenue: CN¥3.55b (down 11% from 3Q 2022). Net loss: CN¥10.1m (loss narrowed 94% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Announcement • Sep 30
Fujian Furi Electronics Co.,Ltd to Report Q3, 2023 Results on Oct 27, 2023 Fujian Furi Electronics Co.,Ltd announced that they will report Q3, 2023 results on Oct 27, 2023 Reported Earnings • Aug 19
Second quarter 2023 earnings released: CN¥0.081 loss per share (vs CN¥0.03 profit in 2Q 2022) Second quarter 2023 results: CN¥0.081 loss per share (down from CN¥0.03 profit in 2Q 2022). Revenue: CN¥2.22b (down 47% from 2Q 2022). Net loss: CN¥48.8m (down 374% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • Jun 28
Fujian Furi Electronics Co.,Ltd to Report First Half, 2023 Results on Aug 18, 2023 Fujian Furi Electronics Co.,Ltd announced that they will report first half, 2023 results on Aug 18, 2023 Reported Earnings • Apr 15
Full year 2022 earnings released: CN¥0.53 loss per share (vs CN¥0.50 loss in FY 2021) Full year 2022 results: CN¥0.53 loss per share (further deteriorated from CN¥0.50 loss in FY 2021). Revenue: CN¥16.6b (down 11% from FY 2021). Net loss: CN¥312.9m (loss widened 34% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Feng Lin was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 29
Third quarter 2022 earnings released: CN¥0.12 loss per share (vs CN¥0.013 loss in 3Q 2021) Third quarter 2022 results: CN¥0.12 loss per share (further deteriorated from CN¥0.013 loss in 3Q 2021). Revenue: CN¥3.98b (down 25% from 3Q 2021). Net loss: CN¥68.4m (loss widened CN¥62.6m from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Sep 16
Fujian Furi Electronics Co.,Ltd (SHSE:600203) agreed to acquire remaining unknown minority stake in Shenzhen CHINO-E Communication Co., Ltd. Fujian Furi Electronics Co.,Ltd (SHSE:600203) agreed to acquire remaining unknown minority stake in Shenzhen CHINO-E Communication Co., Ltd. on August 11, 2022. Recently, Shenzhen CHINO-E Communication Co., Ltd.. has completed the industrial and commercial change registration procedures and obtained the "Business License" renewed by the Shenzhen Market Supervision Administration. After the completion of the industrial and commercial change registration, Fujian Furi Electronics holds 100% equity of Shenzhen CHINO-E Communication Co., Ltd. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.11 loss in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.03 (up from CN¥0.11 loss in 2Q 2021). Revenue: CN¥4.21b (up 5.8% from 2Q 2021). Net income: CN¥17.8m (up CN¥71.8m from 2Q 2021). Profit margin: 0.4% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.086 loss in 1Q 2021) First quarter 2022 results: EPS: CN¥0.043 (up from CN¥0.086 loss in 1Q 2021). Revenue: CN¥4.35b (up 23% from 1Q 2021). Net income: CN¥25.2m (up CN¥62.6m from 1Q 2021). Profit margin: 0.6% (up from net loss in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Feng Lin was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 01
Third quarter 2021 earnings released: CN¥0.013 loss per share (vs CN¥0.014 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CN¥5.29b (up 26% from 3Q 2020). Net loss: CN¥5.75m (down 192% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: CN¥0.11 loss per share (vs CN¥0.02 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CN¥3.98b (up 20% from 2Q 2020). Net loss: CN¥54.0m (loss widened 480% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 30
First quarter 2021 earnings released: CN¥0.086 loss per share (vs CN¥0.12 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CN¥3.52b (up 105% from 1Q 2020). Net loss: CN¥37.4m (loss narrowed 34% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 25
New 90-day low: CN¥7.90 The company is down 14% from its price of CN¥9.21 on 27 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is down 4.0% over the same period. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥8.71 The company is down 8.0% from its price of CN¥9.49 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 Trade Distributors industry, which is down 7.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: CN¥11.05 The company is up 50% from its price of CN¥7.37 on 08 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 2.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥48.8m, with earnings decreasing by CN¥104.0m from the prior year. Total revenue was CN¥12.1b over the last 12 months, largely unchanged from the prior year. Announcement • Oct 29
Fujian Furi Electronics Co.,Ltd to Report Q3, 2020 Results on Oct 31, 2020 Fujian Furi Electronics Co.,Ltd announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 22
New 90-day high: CN¥9.32 The company is up 1.0% from its price of CN¥9.24 on 24 July 2020. The Chinese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is down 8.0% over the same period. Announcement • Oct 11
Fujian Furi Electronics Co.,Ltd announced that it expects to receive CNY 1.05 billion in funding from Fujian Electronics & Information (Group) Co.,Ltd Fujian Furi Electronics Co.,Ltd (SHSE:600203) announced that it has signed a conditional effective share subscription contract for a private placement of not more than 136,934,136 A shares for gross proceeds of not more than CNY 1,050,000,000 on October 9, 2020. The shares have a par value of CNY 1 per share. The issue price is not less than 80% of the average price of the company's stocks 20 trading days before the first day of the issue period. The transaction will include participation from not more than 35 investors including returning investor Fujian Electronics & Information (Group) Co.,Ltd who will subscribe for not less than 20% of the total number of shares in the transaction. All securities issued in the transaction for Fujian Electronics & Information (Group) Co.,Ltd have a hold period of 18 months and for others its 6 months. The transaction has been approved in the fourth extraordinary meeting of the seventh board of the company and is subject to approval from company's shareholders meeting and the China Securities Regulatory Commission. The board approval for the transaction is valid for 12 months from the date of deliberation and approval by the shareholders' meeting. Announcement • Jul 08
Fujian Furi Electronics Co.,Ltd to Report First Half, 2020 Results on Aug 18, 2020 Fujian Furi Electronics Co.,Ltd announced that they will report first half, 2020 results on Aug 18, 2020