000973.SHE FSPG Hi-Tech Co Ltd
- Market cap
- CNY 26.2B
- P/E
- 18.1x
- P/B
- 2.58x
- ROE
- 17.3%
- Dividend yield
- 0.22%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 000973.SHE undervalued?
Graham number000973.SHE trades 43.8% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
FSPG Hi-Tech Co Ltd fundamental analysis
No fundamental analysis for FSPG Hi-Tech Co Ltd yet.
FSPG Hi-Tech Co Ltd stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About FSPG Hi-Tech Co Ltd
FSPG Hi-Tech CO., Ltd. engages in the manufacture and sale of polymer functional films and composite materials in China. The company offers optical thin films, biaxially oriented film, dialysis protection material, woven plastic barrier material, and other materials, as well as polarizing films, roughened electrical films, ultra-thin capacitor films, metallized films for safety capacitors, breathable films, non-porous and moisture-permeable films, and composite plastic woven…
Full company profileFSPG Hi-Tech Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
FSPG Hi-Tech Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 2.47B | 2.51B | 2.82B | 2.85B | 2.30B | 2.46B | 2.64B | 2.21B | 2.23B | 2.23B | 8.40B |
| Gross Profit | 570M | 506M | 651M | 723M | 523M | 554M | 547M | 490M | 490M | 449M | 2.81B |
| Operating Income | 169M | 121M | 152M | 106M | 102M | 168M | 182M | 224M | 165M | 97.6M | 1.73B |
| EBITDA | 320M | 272M | 293M | 368M | 336M | 333M | 303M | 263M | 265M | 262M | 2.16B |
| Net Income | 126M | 106M | 116M | 43.4M | 70.7M | 122M | 136M | 214M | 120M | 108M | 1.71B |
| EPS | 0.13 | 0.11 | 0.12 | 0.04 | 0.07 | 0.13 | 0.14 | 0.22 | 0.12 | 0.11 | 0.70 |
| Balance Sheet | |||||||||||
| Total Assets | 4.87B | 5.58B | 5.85B | 4.13B | 3.91B | 3.97B | 4.54B | 4.59B | 4.80B | 5.43B | 22.3B |
| Total Liabilities | 2.42B | 3.14B | 3.29B | 1.53B | 1.23B | 1.16B | 1.28B | 1.15B | 1.30B | 1.87B | 11.7B |
| Shareholders' Equity | 2.14B | 2.21B | 2.31B | 2.35B | 2.39B | 2.48B | 2.65B | 2.82B | 2.86B | 2.92B | 9.87B |
| Cash & Short-term Investments | 413M | 929M | 1.08B | 386M | 501M | 600M | 1.10B | 1.04B | 893M | 453M | 1.76B |
| Total Debt | 868M | 864M | 1.17B | 647M | 717M | 585M | 725M | 484M | 514M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 308M | 699M | 1.10B | -329M | 377M | 289M | 175M | 326M | 208M | 183M | - |
| Capital Expenditure | 155M | 90.2M | 91.3M | 79.5M | 91.1M | 90.9M | 75.0M | 299M | 208M | 361M | 1.89B |
| Free Cash Flow | 153M | 609M | 1.01B | -409M | 286M | 198M | 100.0M | 26.7M | 67.5K | -178M | -683M |
| Ratios | |||||||||||
| ROE | 5.9% | 4.8% | 5.0% | 1.8% | 3.0% | 4.9% | 5.2% | 7.6% | 4.2% | 3.7% | 17.3% |
| ROA | 2.6% | 1.9% | 2.0% | 1.0% | 1.8% | 3.1% | 3.0% | 4.7% | 2.5% | 2.0% | 7.7% |
| Net Profit Margin | 5.1% | 4.2% | 4.1% | 1.5% | 3.1% | 5.0% | 5.2% | 9.7% | 5.4% | 4.8% | 20.4% |
| Debt to Equity | 0.40x | 0.39x | 0.51x | 0.28x | 0.30x | 0.24x | 0.27x | 0.17x | 0.18x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
FSPG Hi-Tech Co Ltd dividends
- Dividend yield
- 0.22%
- Forward dividend
- 0.01 CNY
- Payout ratio
- 52.5%
- Ex-dividend date
- Jun 10, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 56.7M | 0.06 | 52.5% |
| 2024 | CNY 85.2M | 0.09 | 71.2% |
| 2023 | CNY 64.2M | 0.07 | 30.0% |
| 2022 | CNY 36.8M | 0.04 | 27.0% |
| 2021 | CNY 29.0M | 0.03 | 23.8% |
| 2020 | CNY 29.0M | 0.03 | 41.1% |
| 2019 | CNY 56.3M | 0.06 | 129.7% |
| 2018 | CNY 125M | 0.13 | 107.5% |
| 2017 | CNY 145M | 0.15 | 137.3% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 15:10 on Jun 8, 2012.
Who owns FSPG Hi-Tech Co Ltd
- Insiders 68.40%
- Institutions 5.98%
- Public & others 25.62%
- Shares outstanding 2.46B
- Free float 1.91B
FSPG Hi-Tech Co Ltd company profile
- Company name
- FSPG Hi-Tech Co Ltd
- Ticker
- 000973.SHE
- ISIN
- CNE0000012F6
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Apr 11, 2000
- Sector
- Basic Materials
- Industry
- Chemicals
- Employees
- 2,888
- Fiscal year end
- December
- Address
- No. 7, Qinggong 3rd Road, Foshan, China, 528000
- Phone
- 86 757 8398 8188
- Website
- fspg.com.cn
About FSPG Hi-Tech Co Ltd
FSPG Hi-Tech CO., Ltd. engages in the manufacture and sale of polymer functional films and composite materials in China. The company offers optical thin films, biaxially oriented film, dialysis protection material, woven plastic barrier material, and other materials, as well as polarizing films, roughened electrical films, ultra-thin capacitor films, metallized films for safety capacitors, breathable films, non-porous and moisture-permeable films, and composite plastic woven materials. The company was founded in 1988 and is based in Foshan, China.
FSPG Hi-Tech Co Ltd management
5- Mr. Jing He ZhangChief Financial Officer · born 1982
- Ms. Shuixiu He M.B.A.Vice president · born 1977
- Mr. Yifan XiangVice President · born 1989
- Mr. Guangyi ChenVice President · born 1980
- Zhihao JianAccounting Supervisor