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China Glass Holdings Limited (HK:3300)
:3300
Hong Kong Market
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China Glass Holdings Limited (3300) AI Stock Analysis

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HK

China Glass Holdings Limited

(3300)

Rating:46Neutral
Price Target:
HK$0.50
▲(47.06%Upside)
The overall stock score is primarily impacted by the company's weak financial performance, characterized by high leverage and negative cash flow. Technical analysis provides some positive signals, but valuation metrics further reflect financial struggles. The absence of earnings call insights and corporate events keeps the focus on current financial and technical data.

China Glass Holdings Limited (3300) vs. iShares MSCI Hong Kong ETF (EWH)

China Glass Holdings Limited Business Overview & Revenue Model

Company DescriptionChina Glass Holdings Limited, through its subsidiaries, engages in the production, marketing, and distribution of glass and glass products in Mainland China, Hong Kong, the Middle East, Italy, and internationally. It operates through five segments: Clear Glass Products, Painted Glass Products, Coated Glass Products, Energy Saving and New Energy Glass Products, and Design and Installation Service. The company's products include on-line sun E-reflective glass, low-E reflective glass, solar control thermal reflective glass, high transmittance glass; on-line solar control thermal reflective glass and solar control reflective glass, off-line solar control reflective glass, and off-line low-E reflective glass; high transmittance float glass, high clear float glass, tinted float glass, and clear float glass. It also offers thermal insulation glass, sunshade glass, soundproof glass, high transmittance energy-saving glass, anti-UV glass, and passive house glass, as well as TCO glass, solar ultra-clear patterned glass, amorphous silicon thin film solar cell, and amorphous silicon solar cell module. In addition, the company provides design, parts, and installation services for pharmaceutical glass production lines. The company was incorporated in 2004 and is headquartered in Central, Hong Kong.
How the Company Makes MoneyChina Glass Holdings Limited generates revenue primarily through the sale of its diverse glass product portfolio. The company's key revenue streams include the production and sale of float glass, which is the foundation for many of its other glass products, and the high-margin deep-processed glass products that cater to specialized needs in industries like automotive and construction. Additionally, China Glass has strategic partnerships and collaborations with industry players to enhance its technological capabilities and expand its market reach. The company's focus on developing energy-efficient and environmentally-friendly glass products also positions it advantageously to tap into growing market demands for sustainable building materials.

China Glass Holdings Limited Financial Statement Overview

Summary
Despite strong revenue growth, the company faces challenges with declining profitability, high leverage, and negative cash flow. The overall financial health is concerning, highlighting the need for restructuring to improve stability.
Income Statement
40
Negative
The company has experienced significant revenue growth from 2019 to 2024, with a CAGR of approximately 18%. However, recent performance shows declining profitability, with negative EBIT and net income in the latest year. Gross profit margins have also decreased significantly since 2021, indicating potential cost management issues.
Balance Sheet
35
Negative
The debt-to-equity ratio stands high, indicating significant leverage, with total debt exceeding equity dramatically. Stockholders' equity has significantly deteriorated, reducing financial stability. The equity ratio has declined, suggesting increased reliance on debt financing.
Cash Flow
20
Very Negative
Cash flow performance is concerning, with free cash flow turning negative in recent years. The operating cash flow to net income ratio is unavailable due to negative net income, signaling issues in converting earnings into cash flows. Free cash flow has not shown consistent growth and is currently negative.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue5.74B5.31B4.33B5.07B3.16B
Gross Profit310.94M299.51M638.19M1.73B738.72M
EBITDA319.96M246.21M671.06M1.62B532.78M
Net Income-876.58M-409.76M116.17M736.36M-84.71M
Balance Sheet
Total Assets14.22B14.96B13.29B10.38B7.20B
Cash, Cash Equivalents and Short-Term Investments1.30B1.21B1.35B692.93M806.14M
Total Debt9.99B9.51B8.01B4.93B3.49B
Total Liabilities13.34B12.74B9.99B7.00B5.03B
Stockholders Equity265.05M1.52B2.59B2.65B2.01B
Cash Flow
Free Cash Flow530.87M-186.63M-1.13B53.77M182.09M
Operating Cash Flow792.68M556.39M441.93M957.21M629.38M
Investing Cash Flow-424.34M-903.40M-1.96B-1.33B-397.76M
Financing Cash Flow-330.13M150.19M2.04B275.53M-84.62M

China Glass Holdings Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.34
Price Trends
50DMA
0.29
Positive
100DMA
0.29
Positive
200DMA
0.38
Negative
Market Momentum
MACD
0.01
Positive
RSI
60.90
Neutral
STOCH
52.91
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3300, the sentiment is Positive. The current price of 0.34 is above the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.29, and below the 200-day MA of 0.38, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 60.90 is Neutral, neither overbought nor oversold. The STOCH value of 52.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3300.

China Glass Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (70)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
¥175.49B11.176.29%3.42%3.91%3.49%
53
Neutral
HK$2.26B-0.77%-21.41%84.29%
46
Neutral
HK$581.06M-97.33%6.51%-112.30%
$1.18B11.135.10%2.65%
$4.55B9.5417.66%2.43%
DET18
€104.74M2.541.77%
46
Neutral
HK$1.52B-9.39%-27.23%-60.42%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3300
China Glass Holdings Limited
0.34
-0.23
-40.35%
HK:0691
China Shanshui Cement Group
0.52
0.01
1.96%
WCHNF
West China Cement
0.18
0.05
38.46%
XYIGF
Xinyi Glass Holdings
1.05
-0.05
-4.55%
DE:T18
China Tianrui Group Cement Co., Ltd.
0.03
-0.55
-94.83%
HK:0695
Dongwu Cement International Ltd.
2.59
0.99
61.87%

China Glass Holdings Limited Corporate Events

China Glass Holdings Announces Major Finance Lease Transaction
Jul 2, 2025

China Glass Holdings Limited has announced a major transaction involving the Weihai CNG Finance Lease Arrangement. This arrangement includes the sale and leaseback of assets valued at RMB150 million, with lease payments totaling approximately RMB158.6 million over 24 months. This transaction, combined with a previous finance lease arrangement, classifies as a major transaction under Hong Kong’s Listing Rules, necessitating shareholder approval. The company plans to convene a special general meeting to seek this approval and will provide further details in a forthcoming circular.

China Glass Holdings Secures Shareholder Approval for AGM Resolutions
Jun 23, 2025

China Glass Holdings Limited announced that all resolutions proposed at its Annual General Meeting on June 23, 2025, were passed successfully. The resolutions included the re-election of several directors, the re-appointment of KPMG as auditors, and the granting of mandates to the board for share allotment and buyback, indicating strong shareholder support and stable governance.

China Glass Holdings’ Subsidiary Enters Land Resumption Agreement in Beijing
Jun 13, 2025

China Glass Holdings Limited announced that its subsidiary, Beijing Qinchang Glass Co., Ltd., has entered into a land resumption and compensation agreement with the Beijing Changping District Housing Expropriation Affairs Center. The agreement involves the resumption of land use rights for two plots in Beijing’s Changping District, with a compensation amount of approximately RMB298 million. This move aligns with Beijing’s development planning, as Qinchang Glass had already ceased operations on the land. The compensation will be paid in three stages, potentially impacting the company’s financial position and operational strategy.

China Glass Holdings Appoints New Company Secretary
Jun 9, 2025

China Glass Holdings Limited has announced the appointment of Ms. Jiao Yingchen as the new company secretary and authorised representative, effective June 9, 2025. With over 12 years of experience in company secretarial roles, Ms. Jiao’s appointment ensures compliance with the Hong Kong Stock Exchange’s listing rules, potentially strengthening the company’s governance and operational framework.

China Glass Holdings Announces 2025 Annual General Meeting
Apr 25, 2025

China Glass Holdings Limited has announced its upcoming Annual General Meeting scheduled for June 23, 2025, which will be conducted both in-person in Shanghai and virtually. Key agenda items include the adoption of financial statements for the year ending December 31, 2024, the re-election of several directors, and the re-appointment of KPMG as the company’s auditor. Additionally, the company seeks shareholder approval for a general mandate to issue additional shares, which could impact its capital structure and market positioning.

China Glass Holdings Announces Board and Committee Restructuring
Apr 22, 2025

China Glass Holdings Limited has announced significant changes in its board of directors and committee compositions, effective from April 22, 2025. Mr. Peng Shou has resigned from his roles, including Chairman of the Board, and will be succeeded by Mr. Tang Liwei. Additionally, Mr. Zhao John Huan and Mr. Zhang Jinshu have resigned as Non-Executive Directors, while Mr. Yang Xinyu and Mr. Xie Changqing have been appointed to these positions. These changes are part of the company’s ongoing efforts to restructure its leadership and strategic direction, potentially impacting its market positioning and stakeholder relationships.

China Glass Holdings Limited Announces Board Composition and Committee Roles
Apr 22, 2025

China Glass Holdings Limited has announced the composition of its board of directors, highlighting the roles and functions of each member. The board has established four committees: Audit, Strategy, Nomination, and Remuneration, each with specific responsibilities and chaired by designated directors. This organizational structure aims to enhance corporate governance and operational efficiency, potentially impacting the company’s strategic direction and stakeholder engagement.

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.Date of analysis: Jul 03, 2025