Fengxing Co., Ltd. Class A

Fengxing Co., Ltd. Class A

SSZSE:002760
18.31
CNY
+0.64
(+3.62%)
0.14EPS
116.91P/E
1.77BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.78
7.87
5.48
3.6
4.19
5.39
6.92
7.97
10.2
7.58
6.37
5.51
5.96
6.16
Basic EPS, GAAP
0.65
0.56
0.38
0.12
-0.97
0.35
0.75
0.69
1.03
0.58
-0.55
-0.57
0.19
0.14
Free Cash Flow per Basic Share
-0.03
-0.62
-1.1
-0.7
-0.33
1.11
0.82
0.79
1.23
0.55
-0.17
0.22
0.63
- -
Dividend per Share
0.35
0.21
0.1
0.19
0.08
0.02
0.05
0.07
0.19
0.09
0.29
0.16
0.02
0.01
Book Value per Share
5.42
5.98
6.5
6.49
5.48
5.83
6.58
7.28
8.57
9.15
8.39
7.5
7.69
7.76
Tangible Book Value per Share
4.67
5.43
6.09
6.09
5.09
5.45
3.89
4.63
6.44
7.03
6.97
6.56
6.79
6.87
Basic Weighted Avg Shares
66
66
76
85
88
87
88
88
93
108
108
107
106
108
Sales/Revenue/Turnover
577
522
417
307
368
469
611
704
945
816
691
588
633
662
Operating Margin (%)
8.53
9.68
6.63
-5.23
-6.85
6.01
12.17
13.42
12.44
9.36
2.15
-1.57
2.12
1.28
Depreciation Expense
24
15
25
28
29
30
31
36
40
43
46
47
42
- -
Net Income, GAAP
43
37
29
10
-85
30
66
61
95
62
-60
-61
20
15
Effective Tax Rate (%)
16.12
14.33
10.99
14.84
- -
0.22
2.97
8.32
10.02
6.49
- -
- -
8.25
10.86
Profit Margin (%)
7.41
7.12
6.93
3.33
-23.15
6.5
10.83
8.65
10.1
7.65
-8.63
-10.34
3.19
2.28
Working Capital
-65
43
166
265
233
274
233
303
468
639
541
453
475
481
LT Debt
43
3
- -
- -
- -
- -
48
66
37
155
69
30
10
2
Total Equity
358
395
572
571
482
513
646
720
925
988
906
810
830
838
Return on Invested Capital (%)
4.09
5.21
2.66
-3.11
- -
6.16
11.21
10.27
10.36
5.54
- -
- -
2.51
1.85
Return on Capital (%)
8.36
7.6
5.55
2.11
- -
5.82
9.18
4.82
9.73
6.26
- -
- -
2.51
1.88
Return on Common Equity (%)
12.7
9.88
5.98
1.79
-16.16
6.12
12.12
10
12.2
6.53
-6.3
-7.09
2.46
1.83

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
26
37
46
LT Borrowings
10
- -
- -
LT Finance Leases
- -
4
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
108
108
108
Market Capitalization
2,344
2,315
1,773

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
752
774
917
Cash, Cash Equivalents & STI
369
253
280
Accounts Receivable, Net
152
157
170
Inventories
133
151
368
Total Current Liabilities
277
296
436
Payables & Accruals
- -
- -
- -
ST Debt
26
37
46
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.7%
3.77%
2.53%
Free Cash Flow
-69.37%
-30.98%
188.06%
Net Income, GAAP
-132.75%
-60.92%
-133.16%
Sales/Revenue/Turnover
6.44%
-0.41%
7.66%
Total Cash Common Dividend
35.59%
40.05%
-89.09%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
140
161
135
152
588
2025
153
141
- -
190
633
2026
148
184
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.09
0.01
-0.71
-0.57
2025
0.03
0.04
- -
0.03
0.19
2026
0.06
0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
0.12
0.02
0.16
2025
0.01
- -
- -
- -
0.02
2026
- -
0.01
- -
- -
- -

Company Description

CEO
Xin Pu Tian
Full Time Employees
807
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Room 1501-1504, B1 Nanchang JX China 330038
IPO Date
Jun 2, 2015
Business
Fengxing Co., Ltd. (002760.SZ) manufactures and sells wear-resistant materials for metal casting applications, including high-chrome alloy cast balls, extra-high chrome balls, medium and low chrome alloy balls and forgings, grinding liners, low and high chrome alloy micro-balls and micro-segments, chrome alloy segments, resistant steel products, mill liners, hammer crushers, counterattack crushers, jaw crushers, and cooling machines under the Phoenix and Fengxing brand names; it also provides ship electrical system solutions, special motors and integrated products, import-export services, waste recycling, investment consulting, property management, and technical services. The company serves industries such as metallurgical mining, building materials, cement, thermal power, chemical engineering, ceramics, light industry, paper, and magnetic materials, with products sold domestically across 31 provinces and exported to Australia, the Philippines, Japan, Indonesia, South Korea, the United States, Southeast Asia, and Africa. Founded in 1997 and headquartered at No. 1888 Jinsha 3rd Road, Xiaolan Economic and Technological Development Zone, Nanchang, Jiangxi Province, China, it operates primarily from production facilities in China. In January 2022, the company changed its name from Anhui Fengxing Wear Resistant Materials Co., Ltd. to Fengxing Co., Ltd.; it completed an equity buyback program announced in February 2024, repurchasing 1.65 million shares for CNY 25.02 million by mid-2024; and reported net profit growth of 19.64% in the first three quarters of 2025 amid revenue increases in wear-resistant materials.