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Fujian Sanmu Group Co., Ltd. Class A

Fujian Sanmu Group Co., Ltd. Class A

SSZSE:000632
3.75
CNY
+0.16
(+4.46%)
-2.03EPS
2.33BMarket Cap
Fujian Sanmu Group Co., Ltd. Class A
SZSE:000632
(Shenzhen Stock Exchange)

Recent

price

3.75

P/E

ratio

- -

div

yld

11.36%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
7.99
9.56
10.04
11.23
9.38
9.92
10.57
14.3
15.07
13.7
18.13
18.46
29.94
29.89
22.51
12.68
12.32
Revenue per Share
0.03
0.02
0.03
0.03
0.03
0.03
0.04
0.05
0.07
0.09
0.1
0.05
0.03
-0.69
-1.14
-1.93
-1.98
Basic EPS, GAAP
0.13
-0.59
0.27
-0.73
-0.96
0.61
0.45
0.62
1.66
3.16
-3.94
0.81
0.47
-0.17
-0.86
-0.31
- -
Free Cash Flow per Basic Share
0.2
0.27
0.35
0.45
0.51
0.72
0.68
0.56
0.58
0.43
0.58
0.57
0.67
0.59
0.54
0.46
0.43
Dividend per Share
1.19
1.23
2.64
2.67
2.7
2.64
2.68
2.73
2.8
2.89
2.99
3.05
3.08
3.33
2.18
0.26
0.13
Book Value per Share
1.19
1.23
2.64
2.67
2.7
2.64
2.67
2.72
2.8
2.59
2.69
2.75
2.8
3.16
2.18
0.26
0.13
Tangible Book Value per Share
466
466
465
466
465
466
466
466
465
465
465
466
466
466
466
466
465
Basic Weighted Avg Shares
3,721
4,454
4,672
5,228
4,359
4,623
4,919
6,661
7,013
6,377
8,439
8,600
13,954
13,912
10,481
5,905
5,735
Sales/Revenue/Turnover
3.87
1.75
1.21
1.97
-2.1
4.11
3.17
5.77
5.21
2.48
1.57
0.59
1.81
0.81
0.9
1.76
1.3
Operating Margin (%)
12
9
10
10
13
18
17
18
20
25
23
25
24
21
20
20
- -
Depreciation Expense
16
10
14
14
12
12
17
25
33
41
47
26
15
-319
-531
-896
-923
Net Income, GAAP
70.99
57.47
55.45
68.48
90.71
60.2
58.8
64.72
83.76
35.22
26.65
30.95
40.8
- -
- -
- -
- -
Effective Tax Rate (%)
0.42
0.23
0.3
0.27
0.28
0.26
0.34
0.37
0.47
0.65
0.56
0.3
0.11
-2.29
-5.07
-15.18
-16.09
Profit Margin (%)
559
523
55
263
408
472
-64
-63
1,146
730
338
1,098
-167
156
-710
-466
-469
Working Capital
318
410
403
616
1,183
1,435
852
799
1,835
1,493
1,046
1,831
1,124
1,490
863
1,858
1,886
LT Debt
676
719
1,363
1,454
1,434
1,361
1,406
1,466
1,577
1,716
1,889
1,941
1,946
2,051
1,455
511
451
Total Equity
1.01
0.6
0.6
0.59
0.07
0.91
0.94
1.34
0.68
1.8
2.73
0.98
0.54
- -
- -
- -
- -
Return on Invested Capital (%)
1.84
2.36
2.47
1.38
1.03
1.28
1.35
1.7
1.35
1.5
1.09
1.68
1.83
- -
- -
- -
- -
Return on Capital (%)
2.9
1.84
1.54
1.14
0.97
0.98
1.34
1.95
2.57
3.1
3.44
1.81
1.04
-21.4
-41.43
-157.58
-170.89
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Mar'26
ST Debt
3,242
2,513
2,733
LT Borrowings
1,056
1,858
1,886
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
466
466
466
Market Capitalization
1,918
2,630
2,328

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Mar'26
Total Current Assets
4,835
4,910
5,063
Cash, Cash Equivalents & STI
781
500
541
Accounts Receivable, Net
124
319
186
Inventories
2,699
2,241
2,206
Total Current Liabilities
5,441
5,376
5,532
Payables & Accruals
- -
- -
- -
ST Debt
3,242
2,513
2,733
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.15%
-17.1%
-64.9%
Free Cash Flow
8.51%
8.3%
-63.95%
Net Income, GAAP
-203.99%
-439.59%
68.69%
Sales/Revenue/Turnover
6.59%
-0.89%
-43.66%
Total Cash Common Dividend
-2.97%
-3.73%
-14.78%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,703
3,101
2,629
1,048
10,481
2025
2,115
1,647
- -
1,296
5,905
2026
678
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
-0.21
-0.95
-1.14
2025
-0.06
-0.16
- -
-1.63
-1.93
2026
-0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.14
0.13
0.14
0.54
2025
0.12
0.13
- -
0.11
0.46
2026
0.06
- -
- -
- -
- -
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Business
Fujian Sanmu Group Co., Ltd. Fujian Sanmu Group Co., Ltd. (000632.SZ) is a China-based diversified company primarily engaged in commodity trading, real estate development, property leasing and management, and tourism and hospitality services. The company offers a broad range of products and services including general merchandise; food and food processing such as frozen eel and aquatic products; mechanical and electrical products; building materials and metal materials; chemical products; commercial and residential housing; travel services; and hotel services, with operations spanning import/export trade to dozens of countries and regions as well as domestic markets in China, particularly in Fuzhou, Shanghai, Changsha, and Liuan. Founded in 1984 and headquartered at Sanmu Building, 17th Floor, No. 93 Minmin East Road, Taijiang District, Fuzhou, Fujian Province, China, it also engages in infrastructure construction, land development, operational property management, and venture capital through more than a dozen shareholding enterprises. In recent developments, Fujian Sanmu Group agreed to acquire a 50.5% stake in Qingdao Yingke Huijin Investment Management Co., Ltd. from Yingke Innovation, enhancing its investment management capabilities, while its controlling subsidiary Yinke Huijin (Qingdao) Private Fund Management Co., Ltd. faced goodwill impairment provisions of approximately RMB 74.87 million in 2024 due to unmet profitability expectations. The company projected a significant net loss of RMB 480-530 million for 2024, attributed to inventory write-down provisions of RMB 140-180 million on real estate projects amid market challenges, representing a 50-66% year-over-year decline. These strategic moves and financial adjustments reflect ongoing adaptations in China's competitive real estate and trade sectors.