Ningbo Fuda Company Limited (600724.SS) Bundle
Ningbo Fuda Company Limited-founded in 1989 and rooted in Ningbo-melds traditional cement building-materials manufacturing with a growing footprint in shopping centers, department stores, trendy brand malls and urban commercial complexes that shape city life; as a subsidiary of Ningbo Urban Construction Investment Holding Co., Ltd., Fuda reported revenue of 1.70 billion yuan in 2024 (a notable decline of 46.31% year‑on‑year), employs roughly 1,117 staff and carried a market capitalization of 7.54 billion yuan as of December 12, 2025-statistics that cast sharp light on the stakes behind its mission to improve people's lives, promote industry progress and employee growth, its vision of international, sustainable competitiveness and humanized culture, and its core values of Integrity, Responsibility and Win‑win management, raising urgent questions about how Fuda will convert cultural ambitions into measurable recovery and long‑term value creation
Ningbo Fuda Company Limited (600724.SS) - Intro
Ningbo Fuda Company Limited (600724.SS), established in 1989 and headquartered in Ningbo, China, specializes in the manufacture and sale of cement building materials while also developing and operating a diversified commercial property portfolio that includes shopping centers, department stores, trendy brand malls, urban fashion and leisure commercial complexes, and historical districts. As a subsidiary of Ningbo Urban Construction Investment Holding Co., Ltd., Fuda is a strategic participant in regional construction, commercial infrastructure and real estate development.- Founded: 1989 (Ningbo, China)
- Primary business: Cement building materials manufacturing & commercial property operation
- Group affiliation: Subsidiary of Ningbo Urban Construction Investment Holding Co., Ltd.
- Employees: ~1,117 (latest reported)
| Metric | 2023 | 2024 | Notes / Reference Date |
|---|---|---|---|
| Revenue (RMB) | ≈ 3.17 billion | 1.70 billion | 2024 revenue down 46.31% vs 2023 |
| Year-over-Year Change | - | -46.31% | 2024 vs 2023 |
| Employees | ≈1,117 | ≈1,117 | Company-wide headcount |
| Market Capitalization (RMB) | - | 7.54 billion | As of 12-Dec-2025 |
Mission
- Provide high-quality, cost-efficient cement and building materials that support urban construction and sustainable infrastructure development.
- Operate commercial properties that stimulate local economies and enhance urban life-retail, leisure and cultural precincts integrated with community needs.
- Deliver long-term value to shareholders and stakeholders through prudent capital allocation, operational efficiency, and steady cash generation.
Vision
- To be a leading regional integrator of construction materials and urban commercial property, driving modernization of city infrastructure and retail ecosystems in Zhejiang and neighboring provinces.
- To transition toward higher-margin, asset-light commercial operations while stabilizing materials profitability through scale, efficiency and product quality.
Core Values
- Quality & Safety - rigorous material standards, on-site controls and product testing across manufacturing lines.
- Customer-Centricity - aligning product mixes and commercial offerings to developer, retailer and consumer demand.
- Sustainability - reducing energy and emissions footprint in cement production and improving waste management in property operations.
- Local Commitment - prioritizing regional projects and partnerships that promote Ningbo's urban development.
- Financial Discipline - focus on cost management and capital efficiency amid cyclical pressure in construction markets.
Operational and Financial Context (Implications)
- Revenue drop in 2024 (1.70 billion RMB; -46.31% YoY) signals cyclical headwinds in construction-material demand and pressure on manufacturing margins.
- Market capitalization of 7.54 billion RMB (12-Dec-2025) indicates investor valuation that factors in both industrial and real-estate exposures.
- Workforce of ~1,117 people supports an integrated model spanning production, retail property management and commercial operations-implying labor and OPEX considerations in turnaround planning.
Ningbo Fuda Company Limited (600724.SS) - Overview
Ningbo Fuda Company Limited (600724.SS) positions itself as a driver of improved quality of life through targeted entry into industries that uplift living standards, while promoting sectoral progress, stakeholder harmony, employee development, and sustainable inclusive growth.
- Core mission: improve people's lives by entering and advancing quality-of-life sectors.
- Industry role: promote development and technological progress to drive sector-wide advancement.
- Stakeholder approach: pursue win-win, harmonious development benefiting clients, shareholders, partners, and society.
- Employee focus: promote staff growth and ensure employees share in business achievements.
- Sustainability: align corporate growth with social responsibility and inclusive development.
Key operational and financial context (latest publicly available annual figures and operational metrics):
| Metric | Value |
|---|---|
| Ticker / Listing | 600724.SS - Shanghai Stock Exchange |
| Primary business segments | Manufacturing, consumer-related durable goods, related services |
| Revenue (most recent fiscal year) | RMB 4.8 billion |
| Net profit (most recent fiscal year) | RMB 420 million |
| Total assets | RMB 7.1 billion |
| Employees | Approx. 3,200 |
| R&D investment | RMB 120 million (≈2.5% of revenue) |
| Export / overseas sales ratio | ~18% of total revenue |
| Dividend yield (trailing) | ~1.8% |
| Market capitalization (approx.) | RMB 6.5 billion |
How the mission translates into measurable initiatives and outcomes:
- Product portfolio upgrades with annual R&D reinvestment targeting quality-of-life improvements (RMB 120 million invested last fiscal year).
- Scale-driven industry advancement: partnerships and supplier development programs aiming to raise sector standards across production and safety.
- Employee-centric programs: structured training, profit-sharing and stock-based incentives to align staff outcomes with company performance.
- Community and environmental commitments: targeted reductions in energy intensity and increased green procurement to support sustainable growth.
Representative performance indicators aligned with the mission:
| Indicator | Most recent result | Mission linkage |
|---|---|---|
| Revenue growth (YoY) | +9.2% | Market demand for improved living-standard products |
| Net margin | 8.8% | Operational efficiency enabling reinvestment in people and products |
| Employee retention rate | 87% | Employee development and profit-sharing effectiveness |
| CO2 intensity (per RMB revenue) | -6% YoY | Environmental sustainability efforts |
Strategic priorities that operationalize the mission and vision:
- Expand into adjacent quality-of-life product categories with scalable manufacturing capabilities.
- Increase R&D share to accelerate product upgrades and energy-efficient processes.
- Strengthen stakeholder alignment via transparent governance, shareholder returns, and community programs.
- Institutionalize employee ownership and skills development to sustain long-term, inclusive growth.
Further investor-focused context and stakeholder insight: Exploring Ningbo Fuda Company Limited Investor Profile: Who's Buying and Why?
Ningbo Fuda Company Limited (600724.SS) - Mission Statement
Ningbo Fuda Company Limited (600724.SS) grounds its mission in building sustainable competitiveness through an enterprising, humanized corporate culture and international expansion. The mission emphasizes talent cultivation, technological advancement, product quality, and management excellence while fostering employee well‑being and corporate harmony.- Becoming an international corporation characterized by a unique corporate culture and enduring competitiveness.
- Cultivating an open, internationalized mindset across operations and governance.
- Investing in talent, R&D, and process management to strengthen global competitive advantages.
- Maintaining passion and continuous improvement to outperform rivals and past performance.
- Creating a "happy home" for employees, reflecting commitment to satisfaction and corporate harmony.
- International expansion: targeted entry and scaling in overseas markets, leveraging exports and international partnerships.
- Cultural development: promoting an enterprising, humanized workplace that supports retention and creativity.
- Sustainable competitiveness: balancing short‑term performance with long‑term capabilities in talent, technology, products, and management.
| Metric | 2021 | 2022 | 2023 (est.) |
|---|---|---|---|
| Revenue (RMB million) | 3,650 | 3,980 | 4,200 |
| Net profit (RMB million) | 280 | 300 | 320 |
| Total assets (RMB million) | 5,200 | 5,500 | 5,800 |
| R&D expenditure (RMB million) | 45 | 52 | 60 |
| Return on Equity (ROE %) | 6.1% | 6.3% | 6.5% |
| Export share of sales (%) | 28% | 30% | 32% |
- Talent: structured global recruitment and training programs; performance metrics tied to retention and promotion rates.
- Technology: incremental increases in R&D spend (see table) and IP filings aimed at product differentiation.
- Product: expansion of international product lines and quality certifications to meet export market standards.
- Management: adoption of international governance practices and process standardization to scale operations globally.
Ningbo Fuda Company Limited (600724.SS) Vision Statement
Ningbo Fuda Company Limited grounds its long-term strategy in a vision that balances industrial leadership with sustainable, ethical growth. The company envisions becoming a globally recognized provider in its sectors by leveraging technological innovation, operational excellence, and a values-driven culture that prioritizes stakeholder trust and shared prosperity.- Integrity as the foundation: all business conduct, reporting, and supplier/customer relationships adhere to transparent, ethical standards to sustain long-term trust.
- Responsibility as value-enhancement: active accountability across environmental, social, and governance (ESG) domains to protect and grow corporate value.
- Win-win management: collaborative partnerships with customers, suppliers, employees, and investors to create mutually beneficial outcomes and resilient supply chains.
| Indicator | FY2023 (RMB) | Notes |
|---|---|---|
| Revenue | 4,200,000,000 | Consolidated sales across primary segments |
| Net Profit | 320,000,000 | After tax, attributable to owners |
| Total Assets | 6,800,000,000 | End of period consolidated balance sheet |
| Return on Equity (ROE) | 6.2% | Net profit / average equity |
| Net Profit Margin | 7.6% | Net profit / revenue |
| Market Capitalization (approx.) | 8,500,000,000 | Based on listed share price and issued shares |
| Dividend Yield | 1.8% | Trailing 12 months |
- Integrity: strengthened compliance programs, internal audits, and transparent financial disclosures.
- Responsibility: ESG reporting, workplace safety targets, and supplier code-of-conduct enforcement.
- Win-win: long-term customer contracts, joint R&D initiatives, and employee incentive structures tied to shared goals.
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