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Private company

Fuxing China Group Ltd

Fuxing China Group Ltd is a Chinese miscellaneous manufacturing industries company, incorporated in China.1 It is headquartered in Fujian Province, China.1

Last updated Oct 21, 2026.

Overview

$106.0MRevenue, fiscal 20252
-$573.0KNet income, fiscal 20252
  • IndustryMiscellaneous Manufacturing Industries1
  • HeadquartersFujian Province, China1
  • Incorporated inChina3
  • Business addressHangbian Industry Area, Longhu Town, Jinjiang City, Fujian Province, F4 3622413
  • Filer categoryNon-accelerated filer, Emerging growth company3

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Our operations commenced in December 1993 through our wholly-owned subsidiary Fookhing Zipper in the PRC. Having identified the potential growth of manufacture and production of zippers in the PRC market, our then non-executive chairman of the board of directors, Mr. Wo Chiu Hung and our current director and chairman of the board of directors, Mr. Qingliang Hong, established Fookhing Zipper in December 1993 as a wholly foreign-owned enterprise in Jinjiang City, Fujian Province, the PRC, which engaged primarily in the production and sale of nylon continuous zipper chains and other related products. In an effort to integrate vertically, Fookhing Zipper commenced production of fabric tape in 1994.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

6.5%Gross margin2
-1.0%Operating margin2
-0.5%Net margin2
-0.3%Revenue growth, 20252
-0.6%Return on equity2
0.00×Debt to equity2
$11.1MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue93¢$99.1M
  • Other costs6¢$6.6M
  • Income tax0¢$290.0K

Out of $106.0M in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending19¢$2.5M
  • Kept or used elsewhere81¢$11.1M

Out of $13.6M of cash from operations.2

Financial statements

Revenue2$106.0M in 2025−12% since 2023
0$50.0M$100.0M$150.0M2023: $120.8M$120.8M20232024: $106.3M$106.3M2024−12%2025: $106.0M$106.0M2025−0%
Gross profit2$6.9M in 2025−4% since 2023
0$2.0M$4.0M$6.0M$8.0M2023: $7.2M$7.2M20232024: $6.5M$6.5M2024−11%2025: $6.9M$6.9M2025+7%
Operating income2-$1.0M in 2025
-$1.5M-$1.0M-$500.0K0$500.0K2023: $135.0K$135.0K20232024: $292.0K$292.0K2024+116%2025: -$1.0M-$1.0M2025
Net income2-$573.0K in 2025
-$1.0M0$1.0M$2.0M2023: $1.6M$1.6M20232024: $1.1M$1.1M2024−34%2025: -$573.0K-$573.0K2025
Fiscal year2022202320242025
Revenue$120.8M2$106.3M2$106.0M2
Cost of revenue$113.6M2$99.9M2$99.1M2
Gross profit$7.2M2$6.5M2$6.9M2
Operating expenses$7.1M2$6.2M2$8.0M2
Operating income$135.0K2$292.0K2-$1.0M2
Income before tax$1.8M2$1.4M2-$283.0K2
Income tax$211.0K2$297.0K2$290.0K2
Net income$1.6M2$1.1M2-$573.0K2

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What it owns

What Fuxing China Group Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$94.0M2 Mar 31, 2025$92.7M2 Mar 31, 2024+1.4%
Accumulated depreciation$50.9M2 Mar 31, 2025$45.7M2 Mar 31, 2024+11.2%
Property and equipment, net$43.2M2 Mar 31, 2025$47.0M2 Mar 31, 2024−8.1%
Finance-lease assets$18.0K2 Mar 31, 2025$02 Mar 31, 2024
Operating-lease assets (leased space)$18.0K2 Mar 31, 2025$02 Mar 31, 2024

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$22.4M2 Mar 31, 2025$17.0M2 Mar 31, 2024+32.2%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$3.4M2 Mar 31, 2025$3.7M2 Mar 31, 2024−6.9%
Finite-lived intangibles, net$3.1M2 Mar 31, 2025$3.3M2 Mar 31, 2024−5.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$11.0M2 Mar 31, 2025$13.4M2 Mar 31, 2024−17.9%
Raw materials$5.0M2 Mar 31, 2025$7.1M2 Mar 31, 2024−29.3%
Work in process$1.8M2 Mar 31, 2025$1.4M2 Mar 31, 2024+28.1%
Finished goods$4.2M2 Mar 31, 2025$4.9M2 Mar 31, 2024−14.3%

Filings

48 filings to the SEC since October 2021: 1 annual reports, 47 other. The latest 20:

  1. Dec 22, 202515-12G FORM 12-15G EDGAR
  2. Dec 22, 202525 EDGAR
  3. Dec 9, 2025RW EDGAR
  4. Nov 20, 2025RW EDGAR
  5. Nov 14, 20256-K EDGAR
  6. Nov 6, 20256-K EDGAR
  7. Sep 15, 20256-K EDGAR
  8. Sep 15, 2025POS AM EDGAR
  9. Jul 31, 202520-F EDGAR
  10. Jul 31, 20256-K EDGAR
  11. Jul 24, 20256-K EDGAR
  12. May 28, 2025EFFECT EDGAR
  13. May 27, 2025CERT EDGAR
  14. May 23, 20258-A12B EDGAR
  15. May 23, 2025CORRESP EDGAR
  16. May 23, 2025CORRESP EDGAR
  17. May 14, 2025CORRESP EDGAR
  18. May 14, 2025UPLOAD EDGAR
  19. May 9, 2025F-1/A EDGAR
  20. Apr 8, 2025FWP EDGAR

The 48 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Fuxing China Group Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARFuxing China Group Ltd1
  • CIK0001954705
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company4
  • Incorporated inBermuda4
  • Fiscal year endsMarch 311
  • Industry code (SIC)3990 Miscellaneous Manufacturing Industries1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business addressHangbian Industry Area, Longhu Town, Jinjiang City, Fujian Province, F4 3622411
  • Phone86-595-852877881
  • Shares outstanding17,205,438 shares as of Mar 31, 20254
  • AuditorOnestop Assurance PAC, Singapore PCAOB ID 6732; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceSep 25, 20231
  • Filings48 in all: CORRESP (9), F-1/A (9), UPLOAD (9), 6-K (5), DRS/A (2), DRSLTR (2), RW (2), 15-12G (1)1
    All 17 form types

    20-F (1), 25 (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), F-1 (1), FWP (1), POS AM (1)

  • Latest filingsAnnual report (20-F) Jul 31, 2025

Securities registered for trading

ClassSymbolExchange
American depositary shares, each representing 15 ordinary sharesFFFZNasdaq

From the cover page of the 20-F filed Jul 31, 2025 (Section 12(b) of the Exchange Act).4

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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  4. 4