China Glass Holdings Limited (3300) AI Stock Analysis

• Market Cap: HK$496.84M
• Dividend Yield: N/A
• Average Volume (3M): 2.95M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.93
• Revenue Growth: -11.62%
• EPS Growth: -138.95%
• Country: HK
• Employees: 4,532
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): -0.17
• Shares Outstanding: 1,836,218,300
• 10 Day Avg. Volume: 3,156,950
• 30 Day Avg. Volume: 2,954,716
• PEG Ratio: >-0.01
• Price to Book (P/B): 2.45
• Price to Sales (P/S): 0.11
• P/FCF Ratio: 1.22
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$0.50
• Price Target Upside: 61.29% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: HK$0.50 ▲(61.29% Upside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by negative profitability and high leverage. While technical analysis shows some short-term bullish signals, the negative P/E ratio and lack of dividend yield weigh down the valuation score. The absence of earnings call and corporate events data limits further insights.

China Glass Holdings Limited Business Overview & Revenue Model

Company Description

China Glass Holdings Limited (3300) is a leading glass manufacturer in China, engaged in the production, processing, and sale of a wide range of glass products. The company's core offerings include float glass, automobile glass, energy-saving and environmentally-friendly glass, and deep-processed glass products. With a strong presence in both domestic and international markets, China Glass Holdings Limited serves various industries such as construction, automotive, and renewable energy.

How the Company Makes Money

China 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 significant financial challenges. Profitability has turned negative, with declining gross margins and high leverage. Liquidity issues are evident with negative free cash flow, indicating a need for financial restructuring.

Income Statement

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

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

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.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.21B	5.74B	5.31B	4.33B	5.07B	3.16B
Gross Profit	203.34M	310.94M	299.51M	638.19M	1.73B	738.72M
EBITDA	82.49M	319.96M	246.21M	671.06M	1.62B	532.78M
Net Income	-1.02B	-876.58M	-409.76M	116.17M	736.36M	-84.71M
Balance Sheet
Total Assets	13.48B	14.22B	14.96B	13.29B	10.38B	7.20B
Cash, Cash Equivalents and Short-Term Investments	1.02B	1.30B	1.21B	1.35B	692.93M	806.14M
Total Debt	9.40B	9.99B	9.51B	8.01B	4.93B	3.49B
Total Liabilities	12.85B	13.34B	12.74B	9.99B	7.00B	5.03B
Stockholders Equity	66.38M	265.05M	1.52B	2.59B	2.65B	2.01B
Cash Flow
Free Cash Flow	446.91M	605.56M	-186.63M	-1.13B	53.77M	182.09M
Operating Cash Flow	388.99M	792.68M	556.39M	441.93M	957.21M	629.38M
Investing Cash Flow	22.90M	-424.34M	-903.40M	-1.96B	-1.33B	-397.76M
Financing Cash Flow	-930.24M	-330.13M	150.19M	2.04B	275.53M	-84.62M

China Glass Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.31
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: 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 0.31 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.29, and below the 200-day MA of 0.32, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.94 is Neutral, neither overbought nor oversold. The STOCH value of 46.15 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2233	73 Outperform	$18.19B	17.10	7.74%	1.05%	20.56%	254.64%
0868	73 Outperform	$40.31B	10.69	17.66%	2.47%	―	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
0691	56 Neutral	HK$3.61B	24.01	0.80%	―	-14.85%	―
1252	54 Neutral	€1.09B	2.95	2.15%	―	0.18%	―
3300	45 Neutral	HK$496.84M	―	-177.42%	―	-11.62%	-138.95%
0695	39 Underperform	HK$2.48B	―	-6.75%	―	-11.16%	41.97%

China Glass Holdings Limited Corporate Events

China Glass Holdings to Review Interim Results and Dividend

China Glass Holdings Limited has announced that its board of directors will meet on August 27, 2025, to consider and approve the interim results for the first half of the year and discuss the potential payment of an interim dividend. This meeting is significant as it could impact the company’s financial strategy and shareholder returns, reflecting its operational performance and market positioning.

China Glass Holdings Secures Approval for Finance Lease Arrangement

China Glass Holdings Limited announced that the ordinary resolution regarding the Weihai CNG Finance Lease Arrangement was approved at their Special General Meeting on August 8, 2025. The resolution received overwhelming support, with 99.999% of votes in favor, indicating strong shareholder backing for the financial arrangement, which could enhance the company’s operational capabilities and market positioning.

China Glass Holdings Announces Change in Book Closure Period for SGM

China Glass Holdings Limited has issued a clarification announcement regarding the change in the book closure period for its special general meeting (SGM). The revised period for closing the Register of Members is from 6 August 2025 to 8 August 2025, allowing shareholders to ascertain their entitlement to attend and vote at the SGM. This adjustment ensures that shareholders have the correct information to participate in the meeting, maintaining transparency and accuracy in the company’s shareholder communications.

China Glass Holdings to Discuss Finance Lease Agreement at Upcoming Meeting

China Glass Holdings Limited has announced a Special General Meeting scheduled for August 8, 2025, to discuss and potentially approve a finance lease agreement between its subsidiary, Weihai CNG Coated Glass Co., Ltd., and Ping An International Financial Leasing Co., Ltd. This agreement, if ratified, could enhance the company’s financial flexibility and operational capacity, potentially impacting its market position and stakeholder interests positively.

China Glass Holdings Announces Major Finance Lease Transaction

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

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

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

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.