Fulu Holdings Limited (2101) AI Stock Analysis

• Market Cap: HK$510.80M
• Dividend Yield: N/A
• Average Volume (3M): 158.57K
• Price to Earnings (P/E): 34.3
• Beta (1Y): 0.21
• Revenue Growth: -36.58%
• EPS Growth: -84.25%
• Country: HK
• Employees: 976
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.08
• Shares Outstanding: 408,640,900
• 10 Day Avg. Volume: 18,900
• 30 Day Avg. Volume: 158,566
• PEG Ratio: -0.46
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 2.03
• P/FCF Ratio: 3.58
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: HK$2.00 ▲(53.85% Upside)

Fulu Holdings Limited's overall stock score is primarily influenced by its stable financial position and strong technical momentum. However, the high valuation and recent revenue decline are significant concerns. The lack of earnings call and corporate events data limits further insights.

Positive Factors

Strong Equity Base

A strong equity base provides financial stability and flexibility, enabling the company to invest in growth opportunities without over-reliance on debt.

Healthy Profit Margins

Sustaining healthy profit margins indicates efficient cost management and pricing power, which can support long-term profitability and competitiveness.

Improving Cash Flow

Improving cash flow generation enhances the company's ability to reinvest in its business, pay down debt, and return capital to shareholders, supporting long-term growth.

Negative Factors

Declining Revenue Growth

Declining revenue growth can signal weakening demand or competitive pressures, potentially impacting future profitability and market position if not addressed.

Low Return on Equity

A low return on equity suggests inefficient use of shareholder funds, which can hinder the company's ability to generate returns and attract investment.

Historical Cash Flow Volatility

Volatile cash flows can create uncertainty in financial planning and limit the company's ability to consistently fund operations and growth initiatives.

Fulu Holdings Limited Business Overview & Revenue Model

Company Description

Fulu Holdings Limited, an investment holding company, operates a third-party digital goods and services platform in the People's Republic of China. It operates through four segments: Leisure and Entertainment, Games, Telecommunications, and Lifestyle. The company's platform connects digital goods vendors and digital goods sales channels. It engages in the provision of services to facilitate digital goods transactions and online stores operating services to leisure and entertainment content providers, game producers, telecom providers, and lifestyle service providers. The company also operates online stores for digital goods vendors. Fulu Holdings Limited was founded in 2009 and is headquartered in Wuhan, the People's Republic of China.

How the Company Makes Money

Fulu Holdings generates revenue through multiple streams, primarily from its e-commerce platform and financial service solutions. The company earns money by charging transaction fees on sales made through its platform, as well as subscription fees for premium services offered to merchants. Additionally, Fulu Holdings may engage in partnerships with other technology firms and financial institutions to provide integrated solutions, which can lead to revenue sharing agreements. The growth of its user base and transaction volume directly impacts its earnings, making customer acquisition and retention critical to its revenue model.

Fulu Holdings Limited Financial Statement Overview

Summary

Fulu Holdings Limited demonstrates a stable financial position with strong equity and low leverage. While profitability margins are healthy, the recent decline in revenue growth is a concern. Cash flow generation is improving, but historical fluctuations warrant caution. Overall, the company is positioned well but should focus on enhancing operational efficiencies and stabilizing revenue growth.

Income Statement

Fulu Holdings Limited shows a mixed performance in its income statement. The TTM data indicates a decline in revenue growth rate by 5.67%, which is concerning. However, the company maintains a healthy gross profit margin of 69.43% and a net profit margin of 4.35%. The EBIT and EBITDA margins are relatively low at 2.10% and 2.97%, respectively, suggesting room for operational efficiency improvements.

Balance Sheet

The balance sheet of Fulu Holdings Limited is strong, with a low debt-to-equity ratio of 0.079, indicating low financial leverage. The return on equity is modest at 1.07%, reflecting limited profitability from shareholders' equity. The equity ratio stands at 75.01%, showcasing a solid equity base relative to total assets.

Cash Flow

Cash flow analysis reveals positive trends with a free cash flow growth rate of 12.66% in the TTM period. The operating cash flow to net income ratio is 0.58, and the free cash flow to net income ratio is 0.99, indicating efficient cash generation relative to net income. However, historical volatility in cash flows suggests potential risks.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	321.18M	359.79M	560.41M	479.86M	399.28M	328.21M
Gross Profit	222.99M	254.22M	416.18M	359.24M	295.24M	260.36M
EBITDA	9.55M	19.05M	66.94M	47.14M	34.41M	132.59M
Net Income	13.98M	20.16M	91.61M	97.88M	68.22M	120.90M
Balance Sheet
Total Assets	1.77B	1.76B	1.76B	1.58B	1.38B	1.39B
Cash, Cash Equivalents and Short-Term Investments	481.30M	402.28M	159.90M	176.45M	226.45M	461.88M
Total Debt	104.96M	176.55M	151.46M	54.21M	18.70M	142.82M
Total Liabilities	460.74M	482.52M	505.28M	365.10M	213.38M	287.74M
Stockholders Equity	1.32B	1.30B	1.27B	1.22B	1.16B	1.11B
Cash Flow
Free Cash Flow	263.00M	203.92M	-65.11M	6.42M	-136.88M	-187.43M
Operating Cash Flow	264.61M	205.00M	-49.90M	22.48M	-123.86M	-185.86M
Investing Cash Flow	-125.68M	-80.79M	1.52M	-22.41M	-19.59M	-2.98M
Financing Cash Flow	-69.13M	38.49M	45.66M	-59.87M	-101.32M	647.00M

Fulu Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2101, the sentiment is Negative. The current price of 1.3 is above the 20-day moving average (MA) of 1.26, below the 50-day MA of 1.32, and above the 200-day MA of 1.29, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 46.75 is Neutral, neither overbought nor oversold. The STOCH value of 48.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2101.

Fulu Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2101	64 Neutral	HK$510.80M	34.34	1.04%	―	-36.58%	-84.25%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
6033	60 Neutral	HK$246.29M	64.89	0.78%	7.94%	1.69%	-81.96%
1020	50 Neutral	HK$2.08B	-30.95	-363.59%	―	-37.11%	-223.08%
1939	45 Neutral	HK$399.27M	-21.79	-7.74%	―	85.29%	39.63%
6188	42 Neutral	HK$385.61M	-0.25	―	―	-4.97%	-92.27%
0493	39 Underperform	HK$605.91M	-0.07	―	―	49.53%	22.07%

Fulu Holdings Limited Corporate Events

Fulu Holdings Limited Declares Special Cash Dividend

Fulu Holdings Limited has announced a special cash dividend of HKD 0.269 per share, with the ex-dividend date set for November 20, 2025, and payment scheduled for December 5, 2025. This announcement may impact shareholders by providing a direct financial return, reflecting the company’s current financial health and potentially influencing its market positioning.

The most recent analyst rating on (HK:2101) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Fulu Holdings Limited stock, see the HK:2101 Stock Forecast page.

Fulu Holdings Limited Declares Special Dividend to Enhance Investor Confidence

Fulu Holdings Limited has announced a special dividend of HK$0.269 per share to reward its shareholders and boost investor confidence, ensuring it will not impact the company’s operations. The register of members will be closed from November 24 to November 26, 2025, to determine shareholder entitlement for this dividend.

The most recent analyst rating on (HK:2101) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Fulu Holdings Limited stock, see the HK:2101 Stock Forecast page.

Fulu Holdings to Consider Special Dividend at Upcoming Board Meeting

Fulu Holdings Limited has announced that its board of directors will convene on November 7, 2025, to consider and potentially approve a special dividend. The outcome of this meeting could impact the company’s financial strategy and influence shareholder and investor decisions, as the approval of the special dividend remains uncertain.

The most recent analyst rating on (HK:2101) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Fulu Holdings Limited stock, see the HK:2101 Stock Forecast page.