Financials Fuxing China Group Limited

Equities

AWK

BMG3705H2069

Apparel & Accessories

Market Closed - Singapore S.E. 02:56:10 2024-04-23 am EDT 5-day change 1st Jan Change
0.33 SGD +1.54% Intraday chart for Fuxing China Group Limited +1.54% -12.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 61.05 69.42 54.77 63.76 55.99 34.91
Enterprise Value (EV) 1 342.7 441 154.9 225.1 183.1 166.6
P/E ratio 8.73 x -1.77 x -0.37 x 1.14 x 2.1 x -3.16 x
Yield - - - - - -
Capitalization / Revenue 0.07 x 0.09 x 0.08 x 0.08 x 0.07 x 0.05 x
EV / Revenue 0.38 x 0.6 x 0.22 x 0.3 x 0.22 x 0.22 x
EV / EBITDA 12.4 x 25.8 x -5.04 x 4.59 x 4.27 x 6.09 x
EV / FCF -22.8 x -4.42 x -0.98 x -2.04 x 5.37 x -18.8 x
FCF Yield -4.38% -22.6% -102% -48.9% 18.6% -5.32%
Price to Book 0.09 x 0.11 x 0.11 x 0.12 x 0.1 x 0.06 x
Nbr of stocks (in thousands) 17,205 17,205 17,205 17,205 17,205 17,205
Reference price 2 3.548 4.035 3.183 3.706 3.254 2.029
Announcement Date 4/5/19 4/14/20 4/12/21 6/14/22 8/21/23 4/11/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 900.9 740.7 697.9 762.6 841.1 761.8
EBITDA 1 27.61 17.07 -30.77 48.99 42.91 27.35
EBIT 1 -4.437 -17.12 -65.36 13.67 1.167 -15.22
Operating Margin -0.49% -2.31% -9.37% 1.79% 0.14% -2%
Earnings before Tax (EBT) 1 13.05 -45.84 -142.5 49.48 28.41 -7.61
Net income 1 6.991 -39.12 -148.1 55.75 26.62 -11.03
Net margin 0.78% -5.28% -21.21% 7.31% 3.17% -1.45%
EPS 2 0.4063 -2.274 -8.605 3.240 1.547 -0.6412
Free Cash Flow 1 -15.01 -99.76 -158.7 -110.1 34.12 -8.865
FCF margin -1.67% -13.47% -22.73% -14.44% 4.06% -1.16%
FCF Conversion (EBITDA) - - - - 79.52% -
FCF Conversion (Net income) - - - - 128.16% -
Dividend per Share - - - - - -
Announcement Date 4/5/19 4/14/20 4/12/21 6/14/22 8/21/23 4/11/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 282 372 100 161 127 132
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.2 x 21.77 x -3.255 x 3.293 x 2.962 x 4.816 x
Free Cash Flow 1 -15 -99.8 -159 -110 34.1 -8.86
ROE (net income / shareholders' equity) 1.07% -6.04% -26.7% 10.8% 4.7% -1.85%
ROA (Net income/ Total Assets) -0.2% -0.85% -3.88% 0.92% 0.08% -1.02%
Assets 1 -3,420 4,595 3,812 6,059 35,450 1,078
Book Value Per Share 2 38.60 36.20 28.10 31.60 34.00 33.30
Cash Flow per Share 2 1.380 1.600 9.340 6.970 7.300 4.670
Capex 1 33.1 35.8 48.9 133 37.6 8.95
Capex / Sales 3.68% 4.84% 7.01% 17.5% 4.47% 1.17%
Announcement Date 4/5/19 4/14/20 4/12/21 6/14/22 8/21/23 4/11/24
1CNY in Million2CNY
Estimates
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