Anhui Fengxing Wear Resistant Materials Co Ltd

Anhui Fengxing Wear Resistant Materials Co Ltd

002760 · SHE · Industrials / Metal Fabrication

16.20CNY-0.40 (-2.41%)

Price History

Full chart

Market Stats

Previous Close16.60
Open16.64
Day Range16.15 – 16.78
52-Week Range13.82 – 26.50
Volume2.18M
Market Cap1.95B
P/E (TTM)95.00
Forward P/E0.00
EPS0.19
Dividend Yield0.00%
Beta0.23
50-Day Avg17.32
200-Day Avg20.40

About

Fengxing Co., Ltd. researches and develops, produces, sells, and services metal casting wear-resistant materials under the Phoenix and Fengxing brands in China. The company offers grinding mediums, resistant steel products, mill liners, resist materials, hammer crushers, counterattack crushers, jaw crushers, and cooling machines, as well as designs marine electrical system solutions, and special motors. Its products are used in metallurgy, mining, building materials, cement, thermal power, and other industries, as well as in the production of grinding materials. The company also engages in the import and export activities; recycling of waste materials; provision of ship electrical system solutions; investment, consulting, and management activities; property management business; and design, production, and sale of special motors and their integrated products. It also exports its products to Australia, the Philippines, Japan, Indonesia, South Korea, the United States, and other countries and regions. The company was formerly known as Anhui Fengxing Wear Resistant Materials Co., Ltd. and changed its name to Fengxing Co., Ltd. in January 2022. Fengxing Co., Ltd. was founded in 1997 and is headquartered in Nanchang, China.

Company Details

  • SectorIndustrials
  • IndustryMetal Fabrication
  • CEOMr. Zhi Xiang Liu
  • Employees807
  • HeadquartersRoom 1501-1504, B1, Nanchang, China, 330038, China
  • Websitehttps://www.fengxing.com

Leadership

  • Mr. Zhi Xiang LiuChief Financial Officer · b. 1976
  • Mr. Jieping LiVP & Board Secretary · b. 1979
  • Mr. Xin Pu TianPresident & Director · b. 1964
  • Ling LiChief Accounting Officer
  • Ms. Wan Li LiuVice President & Director · b. 1982

Financials

Income Statement

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue666.63M659.26M576.68M522.20M417.16M306.96M367.58M468.74M610.57M704.42M945.04M816.12M690.80M588.08M633.14M
Growth (%)--1.11%-12.53%-9.45%-20.12%-26.42%+19.75%+27.52%+30.26%+15.37%+34.16%-13.64%-15.36%-14.87%+7.66%
Cost of Revenue521.61M499.65M432.52M384.44M312.80M248.62M313.68M364.47M445.39M525.63M729.55M648.82M562.67M507.16M518.31M
Gross Profit145.02M159.61M144.16M137.76M104.36M58.35M53.90M104.26M165.18M178.79M215.49M167.30M128.13M80.92M114.83M
Gross Margin21.75%24.21%25.00%26.38%25.02%19.01%14.66%22.24%27.05%25.38%22.80%20.50%18.55%13.76%18.14%
Operating Expense103.37M103.44M110.62M101.21M85.09M84.30M95.26M70.29M87.52M83.67M102.19M98.84M199.25M139.36M101.40M
Operating Income41.65M56.18M33.54M36.56M19.27M-25.95M-41.36M33.98M77.66M95.12M113.31M68.45M-71.12M-58.44M13.43M
Operating Margin6.25%8.52%5.82%7.00%4.62%-8.45%-11.25%7.25%12.72%13.50%11.99%8.39%-10.29%-9.94%2.12%
EBITDA73.23M90.31M84.65M67.87M64.69M45.55M-7.23M62.39M111.86M137.37M161.18M119.15M-9.20M-7.55M65.77M
EBITDA Margin10.98%13.70%14.68%13.00%15.51%14.84%-1.97%13.31%18.32%19.50%17.06%14.60%-1.33%-1.28%10.39%
Net Income46.63M45.08M42.71M37.16M28.91M10.23M-85.10M30.46M66.15M60.96M95.47M62.46M-59.64M-60.83M20.17M
Net Income Margin6.99%6.84%7.41%7.12%6.93%3.33%-23.15%6.50%10.83%8.65%10.10%7.65%-8.63%-10.34%3.19%
R&D-20.48M18.18M15.60M12.65M8.87M10.63M13.88M21.31M31.97M37.43M32.44M32.98M25.00M23.72M
R&D as % of Total Revenue-3.11%3.15%2.99%3.03%2.89%2.89%2.96%3.49%4.54%3.96%3.97%4.77%4.25%3.75%
Interest Expense8.96M13.59M13.63M9.72M7.05M5.40M3.89M2.35M4.39M6.68M9.03M10.93M10.16M6.33M1.85M
Interest Expense % of Total Revenue1.34%2.06%2.36%1.86%1.69%1.76%1.06%0.50%0.72%0.95%0.96%1.34%1.47%1.08%0.29%

Balance Sheet

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets825.53M873.59M775.52M930.69M1.04B1.07B916.32M902.35M1.25B1.34B1.60B1.77B1.49B1.27B1.24B
Total Liabilities501.02M522.31M417.96M535.97M469.04M498.75M433.94M389.51M604.26M622.23M672.35M787.14M579.44M457.27M411.71M
Total Equity281.32M314.85M357.56M394.72M571.76M570.99M482.38M512.84M578.99M640.28M925.28M987.49M906.35M809.88M830.36M
Cash111.31M91.57M60.73M104.29M141.77M93.91M49.29M94.60M177.57M234.59M424.32M561.11M360.75M326.02M269.20M
Total Debt366.31M361.67M298.66M144.31M156.86M103.03M98.37M33.18M173.18M176.35M153.08M245.99M95.80M40.21M-
Net Debt255.00M270.10M237.92M40.02M15.08M9.12M49.07M-61.42M-4.38M-58.24M-271.24M-315.12M-264.95M-285.80M-

Cash Flow

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow66.80M60.69M35.86M68.78M-3.65M-20.20M-4.68M104.49M93.26M120.84M150.26M96.44M11.00M44.84M71.98M
Investing Cash Flow-281.64M-36.55M-43.88M137.76M-99.02M51.07M-21.35M-2.72M-154.06M-50.06M-35.26M-33.67M-101.44M62.73M-
Financing Cash Flow269.07M-41.38M-25.29M-169.89M145.56M-81.09M-12.38M-66.98M115.77M-3.44M76.47M82.79M-107.22M-140.98M-
Capital Expenditure257.95M25.93M38.15M109.69M79.86M39.62M24.45M8.23M20.58M51.27M36.05M36.99M29.09M21.55M4.89M
Free Cash Flow-191.15M34.76M-2.29M-40.91M-83.51M-59.82M-29.14M96.26M72.68M69.57M114.21M59.45M-18.09M23.29M67.09M
Dividends Paid26.23M35.58M23.06M13.99M7.51M16.34M7.38M1.98M4.23M6.44M17.69M10.21M21.60M16.59M1.81M
FCF to OCF-286.16%57.28%-6.39%-59.49%2288.32%296.10%622.20%92.12%77.93%57.58%76.01%61.65%-164.50%51.94%93.21%
Dividend Paid to FCF-13.72%102.37%-1006.56%-34.19%-8.99%-27.31%-25.33%2.06%5.81%9.26%15.49%17.18%-119.40%71.23%2.70%

Earnings

Report DateAug 23, 2015Oct 28, 2015Feb 28, 2016Apr 26, 2016Aug 30, 2016Oct 26, 2016Feb 16, 2017Apr 27, 2017Jul 21, 2017Oct 22, 2017Dec 31, 2017Apr 27, 2018Aug 29, 2018Oct 29, 2018Dec 31, 2018Apr 26, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Apr 28, 2020Aug 25, 2020Oct 27, 2020Dec 31, 2020Apr 29, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Jan 23, 2024May 21, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024May 21, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate---------------------------------------------
EPS Actual0.100.010.100.110.020.00-0.01-0.04-0.07-0.06-0.800.020.100.090.140.210.110.140.290.160.170.110.250.230.240.240.260.170.090.160.160.130.07-0.36-0.390.030.090.01-0.710.030.040.090.030.060.01
Surprise---------------------------------------------
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market-Pre-marketAfter-hoursPre-market-Pre-market------------------After-hoursAfter-hours---After-hours-----

Key Statistics & Ratios

Market Cap1.95B
Enterprise Value1.68B
Trailing P/E95.00
Forward P/E0.00
Price / Sales2.91
Price / Book2.28
EPS0.19
Book Value7.88
Revenue (TTM)670.80M
Gross Profit (TTM)124.84M
EBITDA45.43M
Profit Margin3.08%
Operating Margin0.82%
Return on Equity2.50%
Return on Assets0.33%
Shares Outstanding107.99M
Shares Float75.80M
Beta0.23
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20241×
0.10Jul 9, 2024
20231×
0.20May 30, 2023
20211×
0.12May 31, 2021
20171×
0.04Apr 13, 2017
20161×
0.13Jun 28, 2016