Fu Shou Yuan International Group (1448) AI Stock Analysis

• Market Cap: HK$6.38B
• Dividend Yield: 19.7%
• Average Volume (3M): 10.42M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.65
• Revenue Growth: -28.00%
• EPS Growth: -129.57%
• Country: HK
• Employees: 2,198
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Personal Products & Services
• EPS (TTM): -0.13
• Shares Outstanding: 2,319,863,500
• 10 Day Avg. Volume: 9,627,122
• 30 Day Avg. Volume: 10,424,527
• PEG Ratio: -0.41
• Price to Book (P/B): 1.48
• Price to Sales (P/S): 3.96
• P/FCF Ratio: 12.61
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: HK$3.50 ▲(25.45% Upside)

Fu Shou Yuan International Group's overall stock score is primarily influenced by its strong financial performance, characterized by a robust balance sheet and efficient cash flow management. However, the technical analysis indicates bearish momentum, with the stock being oversold and trading below key moving averages. The high dividend yield provides some support to the valuation, despite a relatively high P/E ratio. The absence of recent earnings call data and corporate events limits additional insights.

Fu Shou Yuan International Group Business Overview & Revenue Model

Company Description

Fu Shou Yuan International Group Limited, together with its subsidiaries, primarily provides burial and funeral services in the People's Republic of China. It operates through Burial Services, Funeral Services, and Other Services segments. The Burial Services segment sells burial plots; and offers cemetery maintenance services. The Funeral services segment engages in the planning of funeral arrangement; and interment, organizing, and hosting of the funeral. The Other Services segment produces and sells cremation machines and related maintenance services; and provides landscape and garden design, and construction services. It also offers flowers and related designing services; and sales and after-sales service for cremation devices. In addition, the company sells agricultural products. As of December 31, 2021, it operated 32 cemeteries and 30 funeral facilities. Fu Shou Yuan International Group Limited was founded in 1994 and is headquartered in Shanghai, the People's Republic of China.

How the Company Makes Money

Fu Shou Yuan generates revenue through multiple key streams, primarily from its funeral service offerings which include burial and cremation services. The company earns income from the sale of grave plots and memorial products, such as urns and tombstones. Additionally, it benefits from service fees associated with funeral planning and related consulting services. Significant partnerships with local governments and real estate developers further enhance its market position, allowing for expansion into new cemetery locations and the development of integrated funeral service facilities, thereby contributing to overall revenue growth.

Fu Shou Yuan International Group Financial Statement Overview

Summary

Fu Shou Yuan International Group demonstrates solid financial health with strong profitability and a stable balance sheet. While revenue and profit margins have faced recent pressures, the company's low leverage and robust cash flow generation provide a solid foundation for future growth. The company should focus on reversing the recent downward trend in revenue and profitability to enhance its financial standing further.

Income Statement

Fu Shou Yuan International Group has shown consistent revenue growth over the years, although there was a revenue decline in 2024. The gross profit margin and net profit margin have remained strong, indicating efficient cost management. However, the recent decline in net income and EBIT margin suggests challenges in maintaining profitability.

Balance Sheet

The company exhibits a robust balance sheet with a low debt-to-equity ratio, indicating low financial leverage. The equity ratio is high, showcasing a strong financial position with significant equity backing its assets. Return on Equity (ROE) is healthy but has seen some fluctuations.

Cash Flow

Operating cash flow has been strong, with a high operating cash flow to net income ratio, reflecting efficient cash generation from operations. The free cash flow to net income ratio is also strong, although free cash flow growth has varied. The company manages its capital expenditures effectively, maintaining positive free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.59B	2.08B	2.63B	2.17B	2.33B	1.89B
Gross Profit	947.97M	1.35B	1.82B	1.44B	1.54B	1.67B
EBITDA	442.93M	967.50M	1.51B	1.15B	1.21B	1.04B
Net Income	-187.08M	373.13M	791.24M	658.60M	720.03M	620.06M
Balance Sheet
Total Assets	7.24B	8.18B	8.67B	7.82B	7.41B	6.68B
Cash, Cash Equivalents and Short-Term Investments	2.11B	2.83B	3.24B	2.46B	2.33B	2.22B
Total Debt	134.80M	161.76M	281.81M	97.66M	88.60M	122.75M
Total Liabilities	2.37B	2.03B	2.09B	1.70B	1.73B	1.54B
Stockholders Equity	4.29B	5.56B	5.92B	5.48B	5.04B	4.57B
Cash Flow
Free Cash Flow	325.71M	652.93M	1.06B	767.87M	816.77M	715.93M
Operating Cash Flow	450.02M	731.63M	1.10B	852.93M	992.37M	822.35M
Investing Cash Flow	515.53M	130.84M	-362.13M	413.24M	-648.30M	-1.11B
Financing Cash Flow	-1.56B	-1.08B	-387.52M	-399.54M	-502.49M	-486.38M

Fu Shou Yuan International Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.79
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1448, the sentiment is Negative. The current price of 2.79 is below the 20-day moving average (MA) of 2.86, below the 50-day MA of 2.88, and below the 200-day MA of 3.13, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.73 is Neutral, neither overbought nor oversold. The STOCH value of 40.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1448.

Fu Shou Yuan International Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0922	62 Neutral	HK$273.23M	9.84	2.99%	9.17%	-7.05%	-43.44%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
1448	61 Neutral	HK$6.38B	-31.67	-3.58%	19.70%	-28.00%	-129.57%
6966	55 Neutral	HK$500.00M	-68.49	-3.06%	1.10%	-38.66%	-161.86%
8296	48 Neutral	HK$30.71M	-5.91	-3.96%	―	15.60%	62.35%

Fu Shou Yuan International Group Corporate Events

Fu Shou Yuan Appoints New Independent Non-Executive Directors

Fu Shou Yuan International Group Limited has announced the appointment of three new independent non-executive directors, Mr. Shi Xiaobei, Mr. Chen Gui, and Mr. Ng Michael Chiu Ho, effective from November 21, 2025. These appointments are part of changes in the composition of the company’s board committees, indicating a strategic move to strengthen its governance and oversight capabilities. The new directors bring extensive experience in investment, legal, and financial sectors, which could enhance the company’s strategic direction and operational effectiveness.

Fu Shou Yuan Announces Board Composition and Roles

Fu Shou Yuan International Group Limited has announced the composition of its board of directors, highlighting the roles and functions of each member. This announcement provides clarity on the leadership structure, potentially impacting the company’s strategic decisions and governance, which could influence stakeholder confidence and the company’s market positioning.