Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 5.74B | 5.31B | 4.33B | 5.07B | 3.16B |
Gross Profit | 310.94M | 299.51M | 638.19M | 1.73B | 738.72M |
EBITDA | 319.96M | 246.21M | 671.06M | 1.62B | 532.78M |
Net Income | -876.58M | -409.76M | 116.17M | 736.36M | -84.71M |
Balance Sheet | |||||
Total Assets | 14.22B | 14.96B | 13.29B | 10.38B | 7.20B |
Cash, Cash Equivalents and Short-Term Investments | 1.30B | 1.21B | 1.35B | 692.93M | 806.14M |
Total Debt | 9.99B | 9.51B | 8.01B | 4.93B | 3.49B |
Total Liabilities | 13.34B | 12.74B | 9.99B | 7.00B | 5.03B |
Stockholders Equity | 265.05M | 1.52B | 2.59B | 2.65B | 2.01B |
Cash Flow | |||||
Free Cash Flow | 530.87M | -186.63M | -1.13B | 53.77M | 182.09M |
Operating Cash Flow | 792.68M | 556.39M | 441.93M | 957.21M | 629.38M |
Investing Cash Flow | -424.34M | -903.40M | -1.96B | -1.33B | -397.76M |
Financing Cash Flow | -330.13M | 150.19M | 2.04B | 275.53M | -84.62M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
70 Outperform | ¥175.49B | 11.17 | 6.29% | 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% | |
― | $1.18B | 11.13 | 5.10% | 2.65% | ― | ― | |
― | $4.55B | 9.54 | 17.66% | 2.43% | ― | ― | |
― | €104.74M | 2.54 | 1.77% | ― | ― | ― | |
46 Neutral | HK$1.52B | ― | -9.39% | ― | -27.23% | -60.42% |
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 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 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 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 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 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 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.