Fuxing China Group Full Year 2024 Earnings: EPS: CN¥0.041 (vs CN¥0.64 loss in FY 2023)
Fuxing China Group (SGX:AWK) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥735.9m (down 3.4% from FY 2023).
- Net income: CN¥698.0k (up from CN¥11.0m loss in FY 2023).
- Profit margin: 0.1% (up from net loss in FY 2023).
- EPS: CN¥0.041 (up from CN¥0.64 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
The primary driver behind last 12 months revenue was the Zipper segment contributing a total revenue of CN¥463.4m (63% of total revenue). Notably, cost of sales worth CN¥690.1m amounted to 94% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to CN¥60.5m (83% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of CN¥27.4m. Explore how AWK's revenue and expenses shape its earnings.
Fuxing China Group's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for Fuxing China Group (2 can't be ignored!) that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SGX:AWK
Fuxing China Group
An investment holding company, engages in production and sale of zipper products in the People’s Republic of China and Hong Kong.
Excellent balance sheet and fair value.
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