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Fourace Industries Group Holdings Limited (Shenzhen) (China)

Main Activities: Other Commercial and Service Industry Machinery Manufacturing
Full name: Fourace Industries Group Holdings Limited Profile Updated: March 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Fourace Industries Group Holdings Limited is a company located in Shenzhen, China. It was incorporated on May 12, 2008, with a registered capital of 5 million yuan. The company was originally established by Xie Qian and Xie Xiaoqiu, with Xie Qian contributing 70% of the capital and Xie Xiaoqiu contributing 30%. In June 25, 2013, Fourace Industries Group Holdings Limited held a shareholders' meeting, where all shareholders agreed to convert the company into a limited liability company. The conversion was based on the audited net assets of 103.3171 million yuan as of March 31, 2013, and the conversion ratio was set at 1.72195:1, resulting in a total of 60 million shares. On August 26, 2013, the company obtained its business license from the Wuxi Administration for Industry and Commerce in Jiangsu Province. The registration number of the business license is 320282000195816, and the registered capital of the company is 60 million yuan. Fourace Industries Group Holdings Limited is now officially established as a joint-stock company.

Headquarters
No. 18 Shiwei Pinggang Industrial Zone, Jiangshi Community, Gongming Street, Guangming New District
Shenzhen; Guangdong;

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 29, 2019
Key Executives
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Chairman
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
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Outside Director
Ownership Details
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36.7%
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36.7%
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Subsidiaries
Fourace (United Kingdom)
100%
Company Performance
Financial values in the chart are available after Fourace Industries Group Holdings Limited (Shenzhen) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HKD. Absolute financial data is included in the purchased report.
Net sales revenue
-44.49%
Total operating revenue
-44.4%
Operating profit (EBIT)
-59.51%
EBITDA
-54.21%
Net Profit (Loss) for the Period
-55.1%
Total assets
1.2%
Total equity
3.67%
Operating Profit Margin (ROS)
-5.19%
Net Profit Margin
-3.44%
Return on Equity (ROE)
-6.12%
Debt to Equity Ratio
0.03%
Quick Ratio
0.9%
Cash Ratio
0.6%

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