Fujian Funeng Co Ltd Financial Update
Fujian Funeng Co Ltd, a company listed on the Shanghai Stock Exchange, has recently released its mid-year financial report for 2025. The company, which operates in the utilities sector with a focus on independent power and renewable electricity production, reported a total operating revenue of 63.69 billion CNY for the first half of 2025. This represents a 4.44% decrease compared to the same period last year.
Despite the decline in revenue, the company’s net profit attributable to shareholders saw a significant increase. The net profit reached 13.37 billion CNY, marking a 12.48% rise year-over-year. This improvement in profitability can be attributed to a reduction in operating costs and various expenses. Specifically, operating costs decreased by 10.53% to 45.66 billion CNY, while other expenses fell by 14.23% to 4.56 billion CNY.
In addition to the financial performance, Fujian Funeng Co Ltd has been active in corporate governance and risk management. The company has released a risk assessment report concerning funds deposited with Fujian Energy and Petrochemical Group Financial Co., Ltd. This report is part of the company’s ongoing efforts to manage financial risks effectively.
Furthermore, Fujian Funeng Co Ltd announced the results of its eleventh board of directors’ employee director election. Zhang Xiaoning was elected as the employee director, reflecting the company’s commitment to democratic processes within its corporate governance structure.
The company’s stock performance has seen fluctuations over the past year, with a 52-week high of 11.35 CNY on October 7, 2024, and a low of 8.78 CNY on April 6, 2025. As of August 19, 2025, the closing price was 9.71 CNY. The market capitalization stands at 269.1 billion CNY, with a price-to-earnings ratio of 8.73.
Fujian Funeng Co Ltd continues to diversify its operations beyond power generation, engaging in heating, electric power, and textile production, particularly in PU leather and apparel. These strategic initiatives are part of the company’s broader efforts to enhance its market position and ensure sustainable growth.