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Liaoning Fu-An Heavy Industry Co 603315.SS · CNY

Materials · Shanghai · 🇨🇳 China

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9.08

-0.66%

Close of 9 Nov 2026, in CNY

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CNY, from our data supplier.

FY2025

Revenue

CN¥1.28bn

FY2016FY2025

Net income

CN¥47.7m

FY2016FY2025

Free cash flow

CN¥77.6m

FY2016FY2025

Shareholders' equity

CN¥1.74bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueCN¥1.28bnCN¥1.24bnCN¥1.02bnCN¥1.05bnCN¥951.2mCN¥886.2mCN¥835.6mCN¥672.4mCN¥313.7mCN¥345.9m
Gross profitCN¥242.3mCN¥222.2mCN¥195.4mCN¥195.7mCN¥222.8mCN¥203.2mCN¥217.0mCN¥175.6mCN¥45.9mCN¥77.6m
Research and developmentCN¥30.9mCN¥35.6mCN¥24.4mCN¥26.3mCN¥26.2mCN¥21.7mCN¥29.2mCN¥21.9mCN¥6.6mCN¥9.9m
Operating incomeCN¥81.9mCN¥83.6mCN¥79.9mCN¥74.4mCN¥102.4mCN¥110.7mCN¥136.5mCN¥109.3mCN¥24.5mCN¥41.2m
Net incomeCN¥47.7mCN¥87.5mCN¥71.8mCN¥40.3mCN¥75.0mCN¥99.2mCN¥114.0mCN¥90.4mCN¥8.9mCN¥34.4m
Diluted earnings per share0.150.270.230.130.240.320.370.310.040.17

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsCN¥3.26bnCN¥2.86bnCN¥2.81bnCN¥2.79bnCN¥2.54bnCN¥2.13bnCN¥1.97bnCN¥1.39bnCN¥1.38bnCN¥1.07bn
Cash and short-term investments—CN¥139.9mCN¥164.4mCN¥291.1mCN¥245.6mCN¥248.8mCN¥277.7mCN¥152.6mCN¥244.0mCN¥109.2m
Total liabilitiesCN¥1.53bnCN¥1.19bnCN¥1.30bnCN¥1.36bnCN¥1.15bnCN¥766.0mCN¥648.3mCN¥403.1mCN¥398.8mCN¥420.8m
DebtCN¥52.9mCN¥561.7mCN¥508.4mCN¥523.8mCN¥381.5mCN¥260.5mCN¥270.1mCN¥216.0mCN¥195.0mCN¥255.0m
Shareholders' equityCN¥1.74bnCN¥1.67bnCN¥1.52bnCN¥1.44bnCN¥1.40bnCN¥1.37bnCN¥1.32bnCN¥987.5mCN¥981.5mCN¥652.9m
Shares outstanding314m318m314m307m307m312m307m296m214m200m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsCN¥82.1mCN¥78.3mCN¥43.2mCN¥58.9m−CN¥95.1mCN¥53.0mCN¥51.7m−CN¥54.5mCN¥8.8mCN¥29.2m
Capital spending−CN¥4.5m−CN¥24.4m−CN¥161.7m−CN¥55.4m−CN¥102.8m−CN¥13.1m−CN¥12.7m−CN¥35.9m−CN¥129.1m−CN¥53.4m
Free cash flowCN¥77.6mCN¥53.9m−CN¥118.4mCN¥3.5m−CN¥197.9mCN¥39.9mCN¥39.0m−CN¥90.3m−CN¥120.3m−CN¥24.1m
Dividends paid−CN¥54.2m−CN¥46.3m−CN¥26.2m−CN¥20.6m−CN¥46.1m−CN¥50.7m−CN¥3.3m−CN¥14.3m−CN¥25.7m−CN¥32.4m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueCN¥257.8mCN¥249.1mCN¥397.8mCN¥300.2mCN¥344.0mCN¥234.5mCN¥302.2mCN¥375.0m
Gross profitCN¥40.2mCN¥46.0mCN¥85.9mCN¥17.9mCN¥47.1mCN¥31.2mCN¥33.7mCN¥68.7m
Operating incomeCN¥21.0mCN¥17.8mCN¥58.1m−CN¥15.0mCN¥28.6mCN¥39.2m−CN¥8.9mCN¥27.5m
Net incomeCN¥14.5mCN¥20.1mCN¥4.8m−CN¥12.7mCN¥29.1mCN¥26.4mCN¥4.5mCN¥21.6m
Diluted earnings per share0.050.060.02-0.040.090.080.010.07
Cash from operations———CN¥118.0mCN¥54.0mCN¥13.0m—CN¥27.0m
Capital spending—−CN¥9.0m—−CN¥1.0m—−CN¥38.0m−CN¥16.0m−CN¥2.0m
Free cash flow———CN¥117.0m—−CN¥25.0m—CN¥25.0m
Total assetsCN¥3.28bnCN¥3.12bnCN¥3.26bnCN¥3.18bnCN¥3.09bnCN¥2.97bnCN¥2.86bnCN¥2.96bn
Cash and short-term investments———CN¥297.0mCN¥141.1mCN¥78.7mCN¥139.9mCN¥168.0m
DebtCN¥45.4mCN¥45.4mCN¥52.9mCN¥1.06bnCN¥695.7mCN¥680.9mCN¥561.7mCN¥785.4m
Shareholders' equityCN¥1.73bnCN¥1.74bnCN¥1.74bnCN¥1.70bnCN¥1.73bnCN¥1.70bnCN¥1.67bnCN¥1.62bn

Financial ratios

Data as of 16 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin14.3%18.0%19.2%18.6%23.4%22.9%
Operating margin6.0%9.4%11.5%7.8%11.1%14.5%
Net margin3.7%7.1%7.0%3.8%7.9%11.2%
Return on equity2.7%5.2%4.7%2.8%5.4%7.3%
Return on assets1.5%3.1%2.6%1.4%3.0%4.7%
Free cash flow yield2.8%3.3%6.7%3.8%0.3%2.2%
Revenue growth3.2%21.4%-3.3%10.8%7.3%6.1%
Earnings growth-45.6%21.9%78.1%-46.3%-24.4%-13.0%
Current ratio1.69x1.74x1.65x1.74x1.92x2.27x
Debt to equity0.03x0.34x0.27x0.24x0.25x0.19x
Equity ratio53.4%58.4%54.1%51.5%55.0%64.2%
Interest coverage1.99x3.52x2.87x2.50x4.36x7.09x
R&D as a share of sales2.4%2.9%2.4%2.5%2.8%2.5%
Buybacks as a share of market value1.4%-1.4%-2.3%-0.1%1.6%-1.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.6%7.6%11.7%
Operating income3.2%-5.8%3.9%
Net income5.7%-13.6%-1.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin18.5%18.7%19.9%21.2%
Operating margin6.6%7.0%8.3%10.0%
Net margin5.4%5.4%6.6%8.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings102.539.063.6130.3112.736.232.737.1333.1151.7
Price to sales3.82.84.55.08.94.04.55.09.415.1

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 22 Jul 2025.

FY2025FY2024FY2021FY2020FY2019FY2018FY2017FY2016
Paid in the year0.0830.0680.150.1650.0150.0150.060.10
  • 2-for-1 split · 7 Jun 2016

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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