Fulin Precision Co Ltd

Fulin Precision Co Ltd, formerly Mianyang Fulin Precision Co Ltd, is a China-based company mainly engaged in the research, development, production and sales of auto parts and new energy lithium battery cathode materials. The auto parts products include precision components for engines and transmissions, as well as intelligent electronic controls and incremental components for new energy vehicles. The new energy lithium battery cathode materials primarily consist of lithium iron phosphate, which can be used in new energy vehicle power batteries and energy storage applications. The Company distributes its products within the domestic market and to overseas markets.

• Feedstock spread (price - input cost) (leading)
• Plant utilization rate (coincident)
• End-market demand (auto, construction, agri) (leading)
• Inventory destocking/restocking cycles (coincident)
• Specialty volume growth (trend)

• Energy/feedstock cost (Russia gas, Middle East oil) · exposure: high
• Trade tariffs on chemical exports/imports · exposure: medium-high
• Environmental regulation (EU REACH, US EPA) · exposure: high
• Agricultural policy (subsidies, fertilizer demand) · exposure: medium for agri-chem

• EBITDA margin % — 5-15% commodity; 15-25% specialty
• Capex/sales % — watch trough vs peak
• Plant utilization % — 82-92% healthy; <80% pressure
• ROIC — 10%+ specialty; 6-10% commodity through cycle
• Net debt / EBITDA — below 3.0x healthy; cyclical buffer

Detailed financial analysis, valuation snapshot, multi-period history, and AI narrative are pending — generated when this company is included in the next analysis batch. Profile data above is point-in-time as of 2026-04-30.