Liaoning Fu-An Heavy Industry Co.,Ltd (SHA:603315)

China · Delayed Price · Currency is CNY

9.35

+0.06 (0.65%)

Nov 11, 2026, 3:00 PM CST

SHA:603315 Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,132	1,276	1,237	1,020	1,054	951.25
Revenue Growth	-4.13%	3.17%	21.36%	-3.26%	10.79%	7.33%
Gross Profit	201.13	180.11	222.23	195.41	195.69	222.85
Operating Income	56.09	30.53	35.66	94.8	86.67	105.08
Net Income	51.2	47.66	87.55	71.81	40.31	75
Earnings Per Share	0.16	0.16	0.28	0.23	0.13	0.24
EPS Growth	10.14%	-45.06%	21.93%	76.47%	-46.26%	-24.11%

Revenue by Segment

Fiscal Year	FY 2025
Period Ending	Dec '25 Dec 31, 2025
Equipment Manufacturing	650.94
Environmental Management Business	624.25
Total	1,275

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	237.26	354.18	139.86	164.35	291.06	245.64
Total Debt	775.02	787.4	676.01	618.13	605.58	454.81
Net Cash (Debt)	-537.76	-433.22	-536.14	-453.78	-314.52	-209.17
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.72	-1.41	-1.73	-1.46	-1.02	-0.68

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	86.84	82.13	78.32	43.23	58.94	-95.07
Capital Expenditures	25.28	-4.5	-24.44	-161.66	-55.45	-102.82
Free Cash Flow	112.12	77.62	53.88	-118.42	3.49	-197.89
Free Cash Flow Growth	20.40%	44.08%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	17.77%	14.11%	17.96%	19.17%	18.57%	23.43%
Operating Margin	4.95%	2.39%	2.88%	9.30%	8.22%	11.05%
Pretax Margin	3.20%	2.98%	6.75%	7.46%	4.70%	8.58%
Profit Margin	4.52%	3.73%	7.08%	7.04%	3.82%	7.89%
FCF Margin	9.90%	6.08%	4.35%	-11.62%	0.33%	-20.80%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Nov '26 Nov 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.045	0.045	0.083	0.068
Dividend Per Share Growth	-45.78%	-45.78%	22.06%	-
Dividend Yield	0.48%	0.29%	0.77%	0.47%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	56.96	104.40	39.24	64.84	130.24	112.73
P/FCF Ratio	26.72	64.09	63.76	-	1504.95	-
PS Ratio	2.65	3.90	2.78	4.57	4.98	8.89