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AWK

Fuxing China Group SGX:AWK Stock Report

Last Price

S$0.71

Market Cap

S$12.2m

7D

0%

1Y

-9.0%

Updated

24 Jun, 2022

Data

Company Financials
AWK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

AWK Stock Overview

Fuxing China Group Limited, an investment holding company, manufactures and markets zipper products in the People’s Republic of China.

Fuxing China Group Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Fuxing China Group
Historical stock prices
Current Share PriceS$0.71
52 Week HighS$0.85
52 Week LowS$0.59
Beta0.25
1 Month Change0%
3 Month Change-4.05%
1 Year Change-8.97%
3 Year Change-8.97%
5 Year Change4.41%
Change since IPO-97.55%

Recent News & Updates

Mar 17
Returns On Capital Are Showing Encouraging Signs At Fuxing China Group (SGX:AWK)

Returns On Capital Are Showing Encouraging Signs At Fuxing China Group (SGX:AWK)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...

Shareholder Returns

AWKSG LuxurySG Market
7D0%2.2%0.2%
1Y-9.0%-20.7%-3.4%

Return vs Industry: AWK exceeded the SG Luxury industry which returned -22.1% over the past year.

Return vs Market: AWK underperformed the SG Market which returned -4.2% over the past year.

Price Volatility

Is AWK's price volatile compared to industry and market?
AWK volatility
AWK Average Weekly Movementn/a
Luxury Industry Average Movement6.2%
Market Average Movement4.8%
10% most volatile stocks in SG Market11.3%
10% least volatile stocks in SG Market2.2%

Stable Share Price: Insufficient data to determine AWK's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine AWK's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/aQing Liang Hong

Fuxing China Group Limited, an investment holding company, manufactures and markets zipper products in the People’s Republic of China. The company operates through Zippers, Processing, and Trading segments. It offers zipper chains and sliders; provides processing services, such as color dyeing of fabric tapes for zippers, and electroplating services for zipper sliders; manufactures and sells dyed yarns; and trades in raw materials, including rubber threads, nylon fabrics, and nylon yarns.

Fuxing China Group Fundamentals Summary

How do Fuxing China Group's earnings and revenue compare to its market cap?
AWK fundamental statistics
Market CapCN¥58.89m
Earnings (TTM)CN¥55.75m
Revenue (TTM)CN¥762.57m

1.1x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AWK income statement (TTM)
RevenueCN¥762.57m
Cost of RevenueCN¥691.89m
Gross ProfitCN¥70.69m
Other ExpensesCN¥14.94m
EarningsCN¥55.75m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.24
Gross Margin9.27%
Net Profit Margin7.31%
Debt/Equity Ratio51.7%

How did AWK perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is AWK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AWK?

Other financial metrics that can be useful for relative valuation.

AWK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA4.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does AWK's PE Ratio compare to its peers?

AWK PE Ratio vs Peers
The above table shows the PE ratio for AWK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.3x

Price-To-Earnings vs Peers: AWK is good value based on its Price-To-Earnings Ratio (1.1x) compared to the peer average (9.3x).


Price to Earnings Ratio vs Industry

How does AWK's PE Ratio compare vs other companies in the Luxury Industry?

Price-To-Earnings vs Industry: AWK is good value based on its Price-To-Earnings Ratio (1.1x) compared to the Asian Luxury industry average (12.2x)


Price to Earnings Ratio vs Fair Ratio

What is AWK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AWK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AWK's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of AWK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AWK (SGD0.71) is trading below our estimate of fair value (SGD5.69)

Significantly Below Fair Value: AWK is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AWK's PEG Ratio to determine if it is good value.


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Future Growth

How is Fuxing China Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.7%

Forecasted Consumer Durables industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Fuxing China Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether Fuxing China Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Fuxing China Group competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Fuxing China Group performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-17.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AWK has high quality earnings.

Growing Profit Margin: AWK became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AWK has become profitable over the past 5 years, growing earnings by -17.1% per year.

Accelerating Growth: AWK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AWK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (58.2%).


Return on Equity

High ROE: AWK's Return on Equity (10.2%) is considered low.


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Financial Health

How is Fuxing China Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AWK's short term assets (CN¥632.0M) exceed its short term liabilities (CN¥412.4M).

Long Term Liabilities: AWK's short term assets (CN¥632.0M) exceed its long term liabilities (CN¥18.7M).


Debt to Equity History and Analysis

Debt Level: AWK's net debt to equity ratio (29.7%) is considered satisfactory.

Reducing Debt: AWK's debt to equity ratio has reduced from 79.2% to 51.7% over the past 5 years.

Debt Coverage: AWK's debt is well covered by operating cash flow (36.7%).

Interest Coverage: AWK's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


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Dividend

What is Fuxing China Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AWK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AWK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AWK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AWK's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: AWK is not paying a notable dividend for the SG market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AWK has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average management tenure


CEO

Qing Liang Hong (60 yo)

30.42yrs

Tenure

CN¥1,022,500

Compensation

Mr. Hong Qing Liang co-founded Fuxing China Group Limited in 1992 and has been its Chief Executive Officer since December 19, 2006. Mr. Hong has played an instrumental role in managing the business, operat...


CEO Compensation Analysis

Compensation vs Market: Qing Liang's total compensation ($USD152.66K) is below average for companies of similar size in the SG market ($USD347.56K).

Compensation vs Earnings: Qing Liang's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AWK's management team is seasoned and experienced (6.8 years average tenure).


Board Members

Experienced Board: AWK's board of directors are seasoned and experienced ( 14.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Fuxing China Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Fuxing China Group Limited
  • Ticker: AWK
  • Exchange: SGX
  • Founded: 1993
  • Industry: Textiles
  • Sector: Consumer Durables
  • Implied Market Cap: S$12.216m
  • Shares outstanding: 17.21m

Location

  • Fuxing China Group Limited
  • Hangbian Industrial Area
  • Longhu Town
  • Jinjiang
  • Fujian Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/01 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.