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FGI · Nasdaq · United States · Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
In shortFGI Industries Ltd. is loss-making, burns cash and carries moderate debt, with revenue stable (−1.0% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -1.8% | 11/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -4.7% | 1/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -31.1% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -6.5% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.17× | 31/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.69× | 73/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -1.81× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.69 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -0.2% | 19/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 4 | 0/100 |
| Revenue growth volatility | 16.8% | 49/100 |
| Operating margin volatility | 2.8% | 84/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -6.9% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 182 | 162 | 117 | 132 | 131 |
| Cost of revenue | 150 | 130 | 85 | 96 | 95 |
| Gross profit | 32 | 32 | 32 | 35 | 35 |
| Research & development | 0.6 | 1.1 | 1.4 | 1.7 | 1.4 |
| Operating income | 7.7 | 5.1 | 2.3 | (2.1) | (2.4) |
| Interest expense | 0.4 | 0.6 | 0.7 | 1.2 | 1.3 |
| Pre-tax income | 8.9 | 4.5 | 1.4 | (2.3) | (4.3) |
| Income tax | 1 | 0.9 | 0.8 | (0.5) | 2.8 |
| Net income | 7.9 | 3.7 | 0.7 | (1.2) | (6.1) |
| Diluted EPS | $1.13 | $0.39 | $0.07 | −$0.63 | −$3.20 |
| Diluted shares (millions) | 7 | 9.3 | 9.8 | 1.9 | 1.9 |
0.69 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 14, 2026