Xinyi Glass Holdings (0868) AI Stock Analysis

• Market Cap: $38.62B
• Dividend Yield: 2.48%
• Average Volume (3M): 12.12M
• Price to Earnings (P/E): 10.2
• 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: -0.27
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 1.41
• P/FCF Ratio: 35.63
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 1.69
• Enterprise Value/Gross Profit: 5.91
• Enterprise Value/Ebitda: 8.13
• 1Y Price Target: $8.31
• Price Target Upside: -8.56% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 62 Neutral
• Price Target: HK$9.00 ▼(-0.99% Downside)

Xinyi Glass Holdings demonstrates strong financial stability and attractive valuation, but faces challenges with declining revenue and incomplete cash flow data. Technical indicators suggest limited upward momentum, balancing the overall 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 Holdings generates revenue primarily through the manufacturing and sale of various types of glass products. The company's key revenue streams include its automotive glass segment, which supplies glass to automobile manufacturers and the aftermarket; the architectural glass segment, which provides products for residential and commercial buildings; and the solar glass segment, which supports the growing demand for renewable energy solutions. Xinyi Glass also benefits from strategic partnerships and collaborations with major industry players, which help expand its market reach and enhance its production capabilities. Additionally, the company's focus on innovation and efficiency in production processes contributes to maintaining competitive pricing and profitability.

Xinyi Glass Holdings Financial Statement Overview

Summary

Xinyi Glass Holdings shows a strong profit margin and a stable balance sheet, supported by a favorable debt structure and consistent equity growth. However, the recent decline in revenue and incomplete cash flow data pose challenges in assessing the company's current liquidity and cash management strategies. Overall, the company remains stable but faces potential risks in maintaining revenue growth.

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: Positive
• Last Price: 9.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0868, the sentiment is Positive. The current price of 9.09 is above the 20-day moving average (MA) of 9.05, above the 50-day MA of 8.81, and above the 200-day MA of 7.83, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 53.02 is Neutral, neither overbought nor oversold. The STOCH value of 70.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	―	$38.62B	10.16	―	2.48%	―	―
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
3300	―	HK$572.63M	-0.52	-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.

Xinyi Glass Holdings Reports Decline in 2025 Interim Earnings

Xinyi Glass Holdings Limited, a leading manufacturer in the glass industry, specializes in the production and sales of automobile, architectural, and float glass products across China, Malaysia, and Indonesia. The company’s interim financial results for the first half of 2025 reveal a challenging period, with revenue decreasing by 9.7% to RMB 9,821.3 million and profit attributable to equity holders dropping by 59.6% to RMB 1,012.8 million compared to the same period in 2024. Key financial metrics indicate a significant decline in earnings per share by 60.9% and a reduced interim dividend per share by 59.7%. The company’s gross profit margin also fell to 31.6% from 34.2% in the previous year, primarily due to lower average selling prices of float glass products, despite cost-saving measures in raw materials and energy. Looking ahead, Xinyi Glass Holdings remains focused on leveraging its position in the market, supported by government policies on environmental protection and energy-saving construction, to navigate the current economic challenges and pursue growth opportunities in the glass industry.

Xinyi Glass Reports Significant Decline in 2025 Interim Results

Xinyi Glass Holdings Limited announced its unaudited condensed consolidated interim results for the first half of 2025, revealing a significant decline in financial performance compared to the same period in 2024. The company reported a 9.7% decrease in revenue and a 59.6% drop in profit attributable to equity holders, reflecting challenging market conditions or operational difficulties.

The most recent analyst rating on (HK:0868) stock is a Sell with a HK$6.60 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 Announces Interim Dividend with Scrip Option

Xinyi Glass Holdings Limited announced an interim dividend of HKD 0.125 per share for the six months ending June 30, 2025. Shareholders have the option to receive the dividend in cash or opt for scrip shares, with the scrip share price to be announced later. The ex-dividend date is set for August 14, 2025, and the payment date is October 10, 2025. This announcement reflects the company’s commitment to providing value to its shareholders and may positively impact its market positioning.

The most recent analyst rating on (HK:0868) stock is a Sell with a HK$6.60 price target. To see the full list of analyst forecasts on Xinyi Glass Holdings stock, see the HK:0868 Stock Forecast page.