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Ningbo Fuda Co Ltd

Ningbo Fuda Company Limited manufactures and sells cement building materials in China. It also operates shopping centers, department stores, trendy brand malls, urban fashion and leisure commercial complexes, and historical districts. In addition, the company is involved in urban commercial real estate operation and management, as well as the sale of fuel oil. Incorporated in 1989 and headquartered in Ningbo, China, it operates as a subsidiary of Ningbo Urban Construction Investment Holding Co., Ltd.

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Ningbo Fuda's 2026 interim net profit was 118 million yuan, up 1.78% year on year

Ningbo Fuda released its 2026 interim report. Total operating revenue was 611 million yuan, and net profit attributable to the parent company was 118 million yuan, an increase of 2.069 million yuan compared with the same period last year, up 1.78% year on year, ranking second among peer companies that have disclosed results. Net cash inflow from operating activities was 111 million yuan, ranking first. The asset-liability ratio was 20.27%, down 0.53 percentage points from the same period last year, ranking first. Gross margin was 35.91%, up 7.32 percentage points year on year, rising for three consecutive years and ranking second. Return on equity was 4.20%, up 0.06 percentage points year on year. Diluted earnings per share were 0.08 yuan, up 1.87% year on year, ranking fourth. Total asset turnover was 0.15 times, and inventory turnover was 3.75 times. The number of shareholders was 20,500, and the top ten shareholders held 1.159 billion shares, accounting for 80.17% of total share capital.
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