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).

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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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