Xinyi Glass Holdings (0868) AI Stock Analysis

• Market Cap: $40.66B
• Dividend Yield: 2.6%
• Average Volume (3M): 12.12M
• Price to Earnings (P/E): 10.7
• Beta (1Y): 1.31
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 16,485
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 0.25
• Shares Outstanding: 4,424,109,000
• 10 Day Avg. Volume: 11,096,759
• 30 Day Avg. Volume: 12,120,809
• PEG Ratio: -0.28
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 1.41
• P/FCF Ratio: 35.63
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 1.69
• Enterprise Value/Gross Profit: 5.91
• Enterprise Value/Ebitda: 8.13
• 1Y Price Target: $9.18
• Price Target Upside: 5.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: HK$10.50 ▲(20.83% Upside)

The stock's overall score is driven by strong technical indicators and reasonable valuation, despite potential risks from declining revenue and incomplete cash flow data. The absence of earnings call data and corporate events does not impact the score.

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, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass. In addition, the company offers logistic and related services; supply chain services; operates a wind farm for electricity generation; and manufactures automatic machines for solar glass factory and other glass related industries, as well as holds properties and car parks. The company serves automobile glass manufacturing; wholesale and distribution; automobile repair; motor vehicle manufacturing; curtain wall engineering and installing; architectural and furniture glass manufacturing; electronic and household appliances manufacturing; and float glass wholesale and distribution companies. It sells its products in approximately 140 countries and territories, including the People's Republic of China, Hong Kong, the United States, Canada, Australia, and New Zealand, as well as countries in Asia, the Middle East, Europe, Africa, and the Americas. The company was founded in 1988 and is headquartered in Kwun Tong, Hong Kong.

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 automotive glass, which serves the growing automotive industry. The company benefits from economies of scale due to its large production capacity and extensive distribution network. Additionally, Xinyi Glass has established strategic partnerships with various automotive manufacturers and construction companies, enhancing its market reach and stability. The company's focus on innovation, such as developing energy-efficient glass products, also positions it favorably in a market increasingly driven by sustainability concerns. Overall, Xinyi Glass's revenue model is supported by robust demand in both domestic and international markets, bolstered by its reputation for quality and reliability in glass manufacturing.

Xinyi Glass Holdings Financial Statement Overview

Summary

The company demonstrates strong profit margins and a stable balance sheet with favorable debt-to-equity ratios. However, the decline in revenue and incomplete cash flow data present challenges in assessing liquidity and cash management.

Income Statement

The company shows strong gross and net profit margins, indicating effective cost management. However, recent revenue has declined from previous years, which could be concerning. Despite this, EBIT and EBITDA margins remain healthy, reinforcing profitability. The decline in revenue growth rate is a potential risk factor.

Balance Sheet

The balance sheet reflects a solid equity position with a favorable debt-to-equity ratio, indicating good financial leverage. Return on equity is positive, suggesting efficient use of equity to generate profit. The equity ratio is also strong, showcasing stability and financial health. Consistent stockholders' equity growth further strengthens financial resilience.

Cash Flow

Cash flow analysis is limited due to missing recent cash flow data. Historically, operating cash flow has been positive, but there is a lack of data on free cash flow trends, which limits comprehensive analysis. The absence of recent free cash flow growth rate and other key ratios presents potential risk.

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

• Technical Analysis Sentiment: Negative
• Last Price: 8.69
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 8.69 is below the 20-day moving average (MA) of 9.22, below the 50-day MA of 9.05, and above the 200-day MA of 8.04, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 37.67 is Neutral, neither overbought nor oversold. The STOCH value of 19.39 is Positive, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0868	69 Neutral	$40.66B	10.70	―	2.60%	―	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
3300	49 Neutral	HK$960.00M	-0.87	-177.42%	―	-11.62%	-138.95%

Xinyi Glass Holdings Corporate Events

Xinyi Glass Announces Scrip Dividend Scheme for Interim Dividend

Xinyi Glass Holdings Limited has announced a Scrip Dividend Scheme for its interim dividend for the six months ended 30 June 2025. Shareholders have the option to receive the dividend in cash or new shares, subject to listing approval. The market value for the new shares is set at 95% of the average closing price over a specified period. This move provides flexibility for shareholders and could impact the company’s cash flow and share capital structure.

The most recent analyst rating on (HK:0868) stock is a Buy with a HK$10.00 price target. To see the full list of analyst forecasts on Xinyi Glass Holdings stock, see the HK:0868 Stock Forecast page.

Xinyi Glass Holdings Declares Interim Dividend with Scrip Option

Xinyi Glass Holdings Limited announced an interim cash dividend of HKD 0.125 per share for the six months ending June 30, 2025, with an option for shareholders to receive scrip shares at a conversion price of HKD 8.19 per share. This announcement reflects the company’s ongoing commitment to providing shareholder returns and may influence its market positioning by offering flexibility in dividend receipt options.

The most recent analyst rating on (HK:0868) stock is a Buy with a HK$10.00 price target. To see the full list of analyst forecasts on Xinyi Glass Holdings stock, see the HK:0868 Stock Forecast page.