DSE : FUWANGFOOD
Fu-Wang Foods Limited — Financial statements
Eating Places · Bangladesh
Last price 8.1 BDT (At close: Oct 29, 2026) · Market cap 897.80M
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Financial statements
Fu-Wang Foods Limited (FUWANGFOOD) reported revenue of 1.23B BDT (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Revenue | 1.23B | 1.29B | 1.19B | 1.14B | 871.91M | 833.96M |
| Cost of Revenue | 983.57M | 1.06B | 1.01B | 922.82M | 715.79M | 646.33M |
| Gross Profit | 241.67M | 231.45M | 180.56M | 218.65M | 156.13M | 187.63M |
| Selling, General & Admin | 231.27M | 232.38M | 237.53M | 190.13M | 125.55M | 92.96M |
| Other Operating Expenses | -3.23M | -3.23M | -1.47M | |||
| Operating Expenses | 228.04M | 229.15M | 236.06M | 190.13M | 125.55M | 92.96M |
| Operating Income | 13.63M | 2.30M | -55.50M | 28.52M | 30.57M | 94.67M |
| Interest Expense | -24.57M | -18.99M | -14.81M | -14.66M | -16.50M | -17.83M |
| Other Non Operating Income (Expenses) | -1.34M | -1.34M | -1.09M | -1.04M | -912.23K | -1.39M |
| EBT Excluding Unusual Items | -12.28M | -18.03M | -71.40M | 12.82M | 13.16M | 75.45M |
| Gain (Loss) on Sale of Assets | 1.15M | 1.15M | ||||
| Asset Writedown | -243.66M | |||||
| Pretax Income | -11.09M | -16.84M | -71.40M | -230.84M | 13.16M | 75.45M |
| Income Tax Expense | 19.42M | 18.61M | -8.00M | 19.91M | 7.90M | 20.47M |
| Earnings From Continuing Operations | -30.51M | -35.44M | -63.40M | -250.75M | 5.26M | 54.98M |
| Minority Interest in Earnings | 24.73K | 112.03K | 178.71K | 74.64K | 61.23K | 56.53K |
| Net Income | -30.48M | -35.33M | -63.22M | -250.68M | 5.32M | 55.04M |
| Net Income to Common | -30.48M | -35.33M | -63.22M | -250.68M | 5.32M | 55.04M |
| Shares Outstanding (Basic) | 93.63M | 110.84M | 110.84M | 110.84M | 110.84M | 110.84M |
| Shares Outstanding (Diluted) | 93.63M | 110.84M | 110.84M | 110.84M | 110.84M | 110.84M |
| EPS (Basic) | -0.33 | -0.32 | -0.57 | -2.26 | 0.05 | 0.50 |
| EPS (Diluted) | -0.33 | -0.32 | -0.57 | -2.26 | 0.05 | 0.50 |
| Free Cash Flow | -23.97M | 38.88M | -20.33M | 37.76M | -22.30M | 14.09M |
| Free Cash Flow Per Share | -0.26 | 0.35 | -0.18 | 0.34 | -0.20 | 0.13 |
| Dividend Per Share | 0.05 | 0.17 | ||||
| Gross Margin | 19.72% | 17.93% | 15.19% | 19.16% | 17.91% | 22.50% |
| Operating Margin | 1.11% | 0.18% | -4.67% | 2.50% | 3.51% | 11.35% |
| Profit Margin | -2.49% | -2.74% | -5.32% | -21.96% | 0.61% | 6.60% |
| Free Cash Flow Margin | -1.96% | 3.01% | -1.71% | 3.31% | -2.56% | 1.69% |
| EBITDA | 36.56M | 27.38M | -40.80M | 53.81M | 65.74M | 130.60M |
| EBITDA Margin | 2.98% | 2.12% | -3.43% | 4.71% | 7.54% | 15.66% |
| D&A For EBITDA | 22.93M | 25.08M | 14.70M | 25.29M | 35.17M | 35.93M |
| EBIT | 13.63M | 2.30M | -55.50M | 28.52M | 30.57M | 94.67M |
| EBIT Margin | 1.11% | 0.18% | -4.67% | 2.50% | 3.51% | 11.35% |
| Effective Tax Rate | 60.05% | 27.13% | ||||
| Advertising Expenses | 1.28M | 1.46M | 994.37K | 1.09M |
Balance sheet
Fiscal year July - June; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.52M | 9.26M | 3.71M | 5.54M | 5.10M | 6.90M |
| Short-Term Investments | 9.31M | |||||
| Cash & Short-Term Investments | 2.52M | 9.26M | 3.71M | 5.54M | 14.41M | 6.90M |
| Accounts Receivable | 51.98M | 10.08M | 18.23M | 43.51M | 531.60M | 498.55M |
| Other Receivables | 29.34M | 45.18M | 45.12M | |||
| Receivables | 51.98M | 39.42M | 63.41M | 88.63M | 531.60M | 498.55M |
| Inventory | 47.91M | 91.31M | 47.95M | 57.22M | 310.46M | 308.95M |
| Other Current Assets | 458.68M | 442.12M | 468.65M | 453.30M | 459.47M | 463.44M |
| Total Current Assets | 561.09M | 582.11M | 583.72M | 604.70M | 1.32B | 1.28B |
| Property, Plant & Equipment | 584.61M | 604.42M | 624.55M | 591.70M | 697.78M | 670.81M |
| Other Intangible Assets | 1.01M | 1.19M | ||||
| Total Assets | 1.15B | 1.19B | 1.21B | 1.20B | 2.01B | 1.95B |
| Accounts Payable | 143.16M | 178.57M | 131.39M | 112.70M | 31.67M | 9.72M |
| Accrued Expenses | 174.00M | 164.81M | 155.59M | 134.67M | 37.85M | 28.25M |
| Short-Term Debt | 155.53M | 144.74M | 164.09M | 142.00M | 153.72M | 109.39M |
| Current Portion of Long-Term Debt | 5.95M | 7.44M | 7.44M | 22.44M | 27.52M | |
| Current Portion of Leases | 8.17M | 9.02M | ||||
| Current Income Taxes Payable | 354.64M | 348.93M | 345.71M | 344.26M | 342.43M | 337.20M |
| Current Unearned Revenue | 287.26K | 287.26K | ||||
| Other Current Liabilities | -1.00 | 46.58M | 58.55M | 18.39M | 18.14M | 17.63M |
| Total Current Liabilities | 827.33M | 898.04M | 872.08M | 759.46M | 606.26M | 529.70M |
| Long-Term Debt | 1.27M | 5.97M | 11.99M | 22.57M | 23.69M | |
| Long-Term Leases | 956.10K | 898.21K | 7.22M | |||
| Long-Term Deferred Tax Liabilities | 62.03M | 62.22M | 53.36M | 72.93M | 70.95M | 64.43M |
| Other Long-Term Liabilities | 1.00 | |||||
| Total Liabilities | 890.32M | 962.43M | 938.64M | 844.39M | 699.77M | 617.83M |
| Common Stock | 1.11B | 1.11B | 1.11B | 1.11B | 1.11B | 1.11B |
| Retained Earnings | -1.11B | -1.07B | -1.03B | -930.62M | 160.77M | 170.72M |
| Comprehensive Income & Other | 254.11M | 189.11M | 192.91M | 173.94M | 44.40M | 51.26M |
| Total Common Equity | 256.41M | 225.28M | 269.51M | 351.71M | 1.31B | 1.33B |
| Minority Interest | -9.40K | 15.33K | 127.37K | 306.08K | 380.72K | 441.95K |
| Shareholders' Equity | 256.40M | 225.30M | 269.63M | 352.02M | 1.31B | 1.33B |
| Total Liabilities & Equity | 1.15B | 1.19B | 1.21B | 1.20B | 2.01B | 1.95B |
| Total Debt | 156.48M | 161.03M | 193.74M | 161.43M | 198.73M | 160.60M |
| Net Cash (Debt) | -153.96M | -151.76M | -190.03M | -155.89M | -184.31M | -153.71M |
| Net Cash Per Share | -1.64 | -1.37 | -1.71 | -1.41 | -1.66 | -1.39 |
| Filing Date Shares Outstanding | 110.84M | 110.84M | 110.84M | 110.84M | 110.84M | 110.84M |
| Total Common Shares Outstanding | 110.84M | 110.84M | 110.84M | 110.84M | 110.84M | 110.84M |
| Working Capital | -266.24M | -315.92M | -288.36M | -154.76M | 709.68M | 748.13M |
| Book Value Per Share | 2.31 | 2.03 | 2.43 | 3.17 | 11.85 | 12.00 |
| Tangible Book Value | 255.40M | 224.09M | 269.51M | 351.71M | 1.31B | 1.33B |
| Tangible Book Value Per Share | 2.30 | 2.02 | 2.43 | 3.17 | 11.85 | 12.00 |
| Land | 65.73M | 65.73M | 63.73M | 30.64M | ||
| Buildings | 400.80M | 400.80M | 337.20M | 336.35M | ||
| Machinery | 441.25M | 433.85M | 929.76K | 721.73M | 693.53M | |
| Construction In Progress | 1.49M |
Cash flow statement
Fiscal year July - June; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Net Income | -30.48M | -35.33M | -63.22M | -250.68M | 5.32M | 55.04M |
| Depreciation & Amortization | 31.36M | 31.36M | 22.56M | 25.29M | 35.17M | 35.93M |
| Other Amortization | 297.71K | 297.71K | ||||
| Loss (Gain) From Sale of Assets | -1.15M | -1.15M | 232.00K | |||
| Asset Writedown & Restructuring Costs | 243.66M | |||||
| Other Operating Activities | -114.73M | -10.04M | -29.45M | -816.00K | 5.21M | -2.59M |
| Change in Accounts Receivable | 23.99M | 23.99M | 24.35M | 20.03M | -33.05M | 42.55M |
| Change in Inventory | -43.37M | -43.37M | 9.28M | 13.85M | -1.51M | -48.49M |
| Change in Accounts Payable | 27.01M | 27.01M | 62.21M | -15.94M | 21.80M | -569.38K |
| Change in Income Taxes | 2.04M | 2.04M | 59.25K | -128.77K | 2.63M | -7.34M |
| Change in Other Net Operating Assets | 42.34M | 42.34M | 3.47M | 1.63M | 4.27M | -9.01M |
| Operating Cash Flow | -48.87M | 50.96M | 18.01M | 49.95M | 39.84M | 65.51M |
| Capital Expenditures | 24.90M | -12.08M | -38.34M | -12.19M | -62.14M | -51.42M |
| Sale of Property, Plant & Equipment | 2.00M | 2.00M | 81.00K | |||
| Investment in Securities | 100.00K | |||||
| Other Investing Activities | -3.68M | -1.49M | -8.88M | |||
| Investing Cash Flow | 23.23M | -11.57M | -47.04M | -12.19M | -62.14M | -51.42M |
| Short-Term Debt Issued | 31.11M | 39.25M | ||||
| Long-Term Debt Issued | 7.22M | |||||
| Total Debt Issued | -9.68M | 38.33M | 39.25M | |||
| Short-Term Debt Repaid | -21.69M | -26.72M | ||||
| Long-Term Debt Repaid | -11.03M | -6.02M | -10.57M | -1.13M | -7.67M | |
| Lease Payments | -6.33M | -6.33M | ||||
| Total Debt Repaid | -33.98M | -32.71M | -6.02M | -37.29M | -1.13M | -7.67M |
| Net Debt Issued (Repaid) | -43.66M | -32.71M | 32.31M | -37.29M | 38.12M | -7.67M |
| Common Dividends Paid | -1.14M | -1.14M | -5.11M | -25.14K | -17.62M | -20.56M |
| Other Financing Activities | -1.00 | |||||
| Financing Cash Flow | 3.67M | -33.85M | 27.20M | -37.32M | 20.50M | -28.23M |
| Miscellaneous Cash Flow Adjustments | -3.00 | 1.00 | 1.10M | 1.00 | ||
| Net Cash Flow | -21.98M | 5.55M | -1.83M | 1.54M | -1.79M | -14.14M |
| Free Cash Flow | -23.97M | 38.88M | -20.33M | 37.76M | -22.30M | 14.09M |
| Free Cash Flow Margin | -1.96% | 3.01% | -1.71% | 3.31% | -2.56% | 1.69% |
| Free Cash Flow Per Share | -0.26 | 0.35 | -0.18 | 0.34 | -0.20 | 0.13 |
| Levered Free Cash Flow | 157.81M | 63.94M | 40.94M | 904.05M | -11.46M | -2.66M |
| Unlevered Free Cash Flow | 173.17M | 75.81M | 50.19M | 913.21M | -1.14M | 8.49M |
| Free Cash Flow After Leases | -30.30M | 32.56M | -20.33M | 37.76M | -22.30M | 14.09M |
| Cash Interest Paid | 36.61M | 22.74M | 18.07M | 15.70M | 17.41M | 18.14M |
| Cash Income Tax Paid | 12.38M | 6.67M | 7.48M | 6.98M | 2.60M | 16.40M |
| Change in Working Capital | 65.83M | 65.83M | 87.89M | 32.50M | -5.86M | -22.86M |
Ratios
Fiscal year July - June; amounts in BDT.
| TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 897.80M | 2.28B | 2.60B | 2.77B | 1.82B | 1.29B |
| Enterprise Value | 1.05B | 2.46B | 2.75B | 2.92B | 1.97B | 1.42B |
| Last Close Price | 8.10 | 20.60 | 23.50 | 24.95 | 16.37 | 11.43 |
| PE Ratio | 341.69 | 23.36 | ||||
| PS Ratio | 0.73 | 1.77 | 2.19 | 2.43 | 2.08 | 1.54 |
| PB Ratio | 3.50 | 10.13 | 9.66 | 7.87 | 1.38 | 0.97 |
| P/TBV Ratio | 3.52 | 10.19 | 9.66 | 7.88 | 1.38 | 0.97 |
| P/FCF Ratio | 58.72 | 73.39 | 91.22 | |||
| P/OCF Ratio | 44.80 | 144.60 | 55.47 | 45.62 | 19.62 | |
| EV/Sales Ratio | 0.86 | 1.91 | 2.31 | 2.56 | 2.26 | 1.70 |
| EV/EBITDA Ratio | 24.55 | 89.97 | 54.32 | 30.02 | 10.84 | |
| EV/EBIT Ratio | 77.19 | 1,071.09 | 102.48 | 64.55 | 14.95 | |
| EV/FCF Ratio | 63.35 | 77.41 | 100.43 | |||
| Debt / Equity Ratio | 0.61 | 0.71 | 0.72 | 0.46 | 0.15 | 0.12 |
| Debt / EBITDA Ratio | 3.65 | 4.78 | 3.00 | 3.02 | 1.23 | |
| Debt / FCF Ratio | 4.14 | 4.28 | 11.39 | |||
| Net Debt / Equity Ratio | 0.60 | 0.67 | 0.70 | 0.44 | 0.14 | 0.12 |
| Net Debt / EBITDA Ratio | 4.21 | 5.54 | -4.66 | 2.90 | 2.80 | 1.18 |
| Net Debt / FCF Ratio | -6.42 | 3.90 | -9.35 | 4.13 | -8.27 | 10.90 |
| Asset Turnover | 1.05 | 1.08 | 0.99 | 0.71 | 0.44 | 0.43 |
| Inventory Turnover | 23.66 | 15.21 | 19.16 | 5.02 | 2.31 | 2.27 |
| Quick Ratio | 0.07 | 0.05 | 0.08 | 0.12 | 0.90 | 0.95 |
| Current Ratio | 0.68 | 0.65 | 0.67 | 0.80 | 2.17 | 2.41 |
| Return on Equity (ROE) | -11.56% | -14.32% | -20.40% | -30.10% | 0.40% | 4.18% |
| Return on Assets (ROA) | 0.73% | 0.12% | -2.89% | 1.11% | 0.97% | 3.07% |
| Return on Invested Capital (ROIC) | 3.44% | 0.55% | -11.47% | 2.84% | 0.82% | 4.71% |
| Return on Capital Employed (ROCE) | 4.30% | 0.80% | -16.50% | 6.50% | 2.20% | 6.70% |
| Earnings Yield | -4.02% | -1.55% | -2.43% | -9.05% | 0.29% | 4.28% |
| FCF Yield | -2.67% | 1.70% | -0.78% | 1.36% | -1.23% | 1.10% |
| Dividend Yield | 0.21% | 1.42% | ||||
| Payout Ratio | 331.22% | 37.35% | ||||
| Total Shareholder Return | 27.47% | 0.21% | 1.42% |