Xinyi Glass Holdings (HK:0868)
:0868
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Xinyi Glass Holdings
(0868)
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Rating:65Neutral
Price Target:
HK$11.00
▲(29.26% Upside)
Action:ReiteratedDate:01/30/26
The score is primarily driven by stable profitability and a solid balance sheet, offset by revenue decline and limited cash flow visibility. Technicals support the uptrend but are stretched on RSI/Stoch, while valuation is relatively supportive with a modest dividend.
Positive Factors
Profitability & Margins
Sustained high gross, net and operating margins indicate durable pricing power and effective cost control across product lines. That margin cushion supports reinvestment, dividend capacity and resilience to raw‑material or volume shocks over the next 2–6 months.
Negative Factors
Revenue Decline Trend
Declining top-line despite healthy margins signals demand weakness or adverse mix that can erode scale advantages and restrict growth options. If revenue contraction continues, it could pressure fixed-cost absorption and weaken long‑term profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability & Margins
Sustained high gross, net and operating margins indicate durable pricing power and effective cost control across product lines. That margin cushion supports reinvestment, dividend capacity and resilience to raw‑material or volume shocks over the next 2–6 months.
Read all positive factors
Xinyi Glass Holdings (0868) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$43.84B
Dividend Yield2.65%
Average Volume (3M)12.12M
Price to Earnings (P/E)12.2
Beta (1Y)1.28
Revenue GrowthN/A
EPS GrowthN/A
CountryHK
Employees16,485
SectorBasic Materials
Sector Strength58
IndustryConstruction Materials
Share Statistics
EPS (TTM)N/A
Shares Outstanding4,424,109,000
10 Day Avg. Volume11,096,759
30 Day Avg. Volume12,120,809
Financial Highlights & Ratios
PEG Ratio-0.28
Price to Book (P/B)0.92
Price to Sales (P/S)1.41
P/FCF Ratio35.63
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$14.23Price Target Upside67.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Xinyi Glass Holdings Business Overview & Revenue Model
Company Description
Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automob...
How the Company Makes Money
Xinyi Glass generates its revenue primarily through the sale of glass products across its various segments. The company's key revenue streams include the sale of float glass, which is used in construction and automotive applications, and automotiv...
Xinyi Glass Holdings Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
72
Positive
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 22.71B | 23.75B | 26.80B | 25.75B | 30.46B | 18.62B |
| Gross Profit | 6.51B | 7.16B | 8.61B | 7.47B | 14.50B | 7.67B |
| EBITDA | 4.73B | 5.66B | 8.36B | 6.94B | 14.00B | 7.57B |
| Net Income | 1.97B | 3.59B | 5.37B | 5.13B | 11.56B | 6.42B |
Balance Sheet | ||||||
| Total Assets | 49.11B | 51.16B | 50.81B | 52.23B | 56.50B | 45.07B |
| Cash, Cash Equivalents and Short-Term Investments | 1.95B | 1.68B | 2.39B | 4.06B | 9.59B | 5.53B |
| Total Debt | 7.06B | 7.79B | 8.19B | 13.54B | 15.55B | 11.66B |
| Total Liabilities | 14.02B | 14.58B | 14.95B | 20.14B | 21.79B | 17.10B |
| Stockholders Equity | 35.00B | 36.48B | 35.75B | 31.97B | 34.60B | 27.88B |
Cash Flow | ||||||
| Free Cash Flow | 2.03B | 941.50M | 1.63B | 4.67B | 8.77B | 1.32B |
| Operating Cash Flow | 5.52B | 5.95B | 5.00B | 7.34B | 11.77B | 4.94B |
| Investing Cash Flow | -3.32B | -6.00B | 122.29M | -7.08B | -5.84B | -4.06B |
| Financing Cash Flow | -1.54B | -2.21B | -6.18B | -5.40B | -2.12B | -1.02B |
Xinyi Glass Holdings Technical Analysis
Negative
8.51
Price Trends
10.24
Negative
9.49
Positive
8.98
Positive
Market Momentum
-0.11
Positive
43.27
Neutral
29.49
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0868, the sentiment is Negative. The current price of 8.51 is below the 20-day moving average (MA) of 10.38, below the 50-day MA of 10.24, and below the 200-day MA of 8.98, indicating a neutral trend. The MACD of -0.11 indicates Positive momentum. The RSI at 43.27 is Neutral, neither overbought nor oversold. The STOCH value of 29.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0868.
Xinyi Glass Holdings Peers Comparison
UnderperformOutperform
Sector (61)
HK:0868
Xinyi Glass Holdings
9.91
3.13
46.21%
HK:3300
China Glass Holdings Limited
0.51
0.26
104.00%
Xinyi Glass Holdings Corporate Events
Xinyi Solar and Xinyi Glass Clarify Pricing on Connected Electricity Supply Deal
Jan 22, 2026
Xinyi Solar and Xinyi Glass have issued a supplemental joint announcement clarifying the pricing mechanism under their Electricity Framework Agreement for continuing connected transactions involving the sale of surplus electricity generated by Xin...
Xinyi Group Units Clarify Valuation Basis in Jinzhai Wind Power Connected Deal
Jan 16, 2026
Xinyi Glass Holdings, Xinyi Electric Storage, Xinyi Energy and Xinyi Solar jointly issued a supplemental announcement on their connected transaction involving the sale and purchase of an equity interest in Jinzhai Wind Power, clarifying valuation ...
Xinyi Solar and Xinyi Glass Justify Lower 2026 Cap for Connected Equipment Purchases Amid Stabilising Solar Glass Market
Jan 16, 2026
Xinyi Solar and Xinyi Glass issued a supplemental joint announcement clarifying the basis for the proposed 2026 annual cap of RMB107.3 million under their production equipment purchase agreement, a connected transaction between the two related gro...
Xinyi Glass and Xinyi Solar Formalise 2026 Intra-Group Solar Power Supply Deal
Dec 24, 2025
Xinyi Glass Holdings Limited and its affiliate Xinyi Solar Holdings Limited have entered into an Electricity Framework Agreement under which members of the Xinyi Solar group will supply surplus electricity from their distributed rooftop solar powe...
Xinyi Glass, Xinyi Solar Renew Connected Production Equipment Purchase Deal for 2026
Dec 24, 2025
Xinyi Solar and Xinyi Glass have renewed their production equipment procurement arrangement, with subsidiaries of both companies signing a new 2026 Production Equipment Purchase Agreement on 24 December 2025 to cover purchases from 1 January to 31...
Xinyi Group Units Reorganise Stake in Jinzai Wind Power via Connected Transaction
Dec 23, 2025
Xinyi Glass Holdings, together with its affiliated listed entities Xinyi Energy, Xinyi Solar and Xinyi Electric Storage, has entered into an equity transfer agreement under which Xinyi Energy (Fanchang) will acquire an equity interest in Jinzai Wi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.