Fuling Technology Co., Ltd.

Fuling Technology Co., Ltd.

SSZSE:001356
8.59
CNY
+0.07
(+0.82%)
0.15EPS
55.45P/E
4.87BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.82
1.81
3.38
4.89
4.29
5.15
3.58
3.88
Basic EPS, GAAP
0.16
0.13
0.27
0.58
0.49
0.5
0.16
0.15
Free Cash Flow per Basic Share
0.08
-0.02
-0.06
0.24
0.45
0.2
-0.98
- -
Dividend per Share
0.02
0.04
0.18
0.04
0.02
0.01
0.04
0.08
Book Value per Share
1.13
1.28
1.41
2
2.49
3
3.46
3.38
Tangible Book Value per Share
1
1.03
1.17
1.77
2.26
2.59
3.15
3.08
Basic Weighted Avg Shares
589
589
431
440
440
440
572
590
Sales/Revenue/Turnover
1,072
1,068
1,458
2,154
1,889
2,269
2,046
2,286
Operating Margin (%)
11.86
10.45
10.26
13.45
13.81
10.77
6.35
7.25
Depreciation Expense
40
47
59
74
88
98
105
- -
Net Income, GAAP
95
77
116
255
216
220
92
88
Effective Tax Rate (%)
15.12
15.21
11.05
14.79
13.82
11.71
16.24
20.69
Profit Margin (%)
8.88
7.22
7.98
11.85
11.42
9.7
4.47
3.84
Working Capital
134
50
122
275
302
417
736
666
LT Debt
71
41
163
159
8
33
160
164
Total Equity
505
571
622
883
1,101
1,323
2,039
1,987
Return on Invested Capital (%)
- -
10.28
13
22.87
17.41
15.6
4.88
3.95
Return on Capital (%)
- -
12.65
19.99
27.86
18.52
16.17
5.03
4.16
Return on Common Equity (%)
- -
14.52
19.61
33.9
21.72
18.14
5.44
4.37

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12
151
210
LT Borrowings
136
136
136
LT Finance Leases
24
32
28
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
589
589
589
Market Capitalization
7,614
6,524
4,868

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,175
1,233
1,214
Cash, Cash Equivalents & STI
196
219
136
Accounts Receivable, Net
315
314
404
Inventories
540
572
537
Total Current Liabilities
439
544
548
Payables & Accruals
- -
- -
- -
ST Debt
12
151
210
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
29.97%
54.11%
Free Cash Flow
- -
-226.4%
-737%
Net Income, GAAP
- -
19.71%
-58.42%
Sales/Revenue/Turnover
- -
16.46%
-9.82%
Total Cash Common Dividend
- -
92.4%
392.47%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
535
564
608
562
2,269
2025
534
482
- -
537
2,046
2026
591
677
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.1
0.09
0.1
0.5
2025
0.06
0.05
- -
0.02
0.16
2026
0.03
0.05
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
0.04
- -
- -
0.04
2026
- -
0.03
- -
- -
- -

Company Description

CEO
Xin Fu Hu
Full Time Employees
6,000
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Taizhou China
IPO Date
Jan 23, 2025
Business
Fuling Technology Co., Ltd. is a China-based manufacturing company primarily engaged in the research, development, production, and distribution of disposable foodservice products, eco-friendly plastic tableware, and biodegradable packaging solutions. The company's product portfolio is organized across several core categories, comprising disposable cutlery, including plastic and bio-based knives, forks, spoons, and specialty utensils; drinking straws, including polypropylene, polylactic acid (PLA), and paper straws; cups and lids, including cold drink cups, hot beverage cups, portion cups, and matching flat and dome closures; food containers, including takeout meal boxes, hinged clamshell containers, bowls, trays, and deli containers; and precision-molded plant fiber and compostable pulp tableware. Its products utilize conventional polymers including polypropylene (PP), polystyrene (PS), and polyethylene terephthalate (PET), alongside biodegradable and renewable materials such as polylactic acid (PLA), polybutylene adipate terephthalate (PBAT), and molded bagasse fiber. Fuling Technology serves an international customer base comprising multinational quick-service restaurant (QSR) chains, institutional catering operators, food packaging wholesalers, and supermarket retailers, supplying global brands such as McDonald's, KFC, Wendy's, Burger King, Subway, Walmart, and Sysco. Founded in 1992 and headquartered in Wenling, Zhejiang Province, China, the company maintains an integrated global manufacturing and sales footprint with production facilities and operating subsidiaries located across mainland China, the United States, Mexico, and Indonesia. In recent developments, the company executed its public listing on the Main Board of the Shenzhen Stock Exchange (SZSE: 001356), completed corporate restructuring initiatives, and expanded its overseas production bases in Mexico and Indonesia to optimize global supply chain efficiency. Furthermore, Fuling Technology has expanded its commercial offerings of fully compostable and bio-based packaging lines, upgraded its facilities with automated thermoforming and injection-molding production lines, and deepened partnerships with international fast-food chains to support global single-use plastic reduction standards.