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Fuyao Glass Industry Group Co., Ltd. Class H (HK:3606)
:3606

Fuyao Glass Industry Group Co., Ltd. Class H (3606) AI Stock Analysis

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HK

Fuyao Glass Industry Group Co., Ltd. Class H

(Frankfurt:3606)

Rating:74Outperform
Price Target:
HK$64.00
▲(11.89%Upside)
The overall score reflects strong financial performance supported by robust revenue growth and effective cost management. Technical analysis shows positive momentum, and valuation metrics indicate a moderately priced stock with a good dividend yield. The absence of earnings call data and corporate events does not impact the score.

Fuyao Glass Industry Group Co., Ltd. Class H (3606) vs. iShares MSCI Hong Kong ETF (EWH)

Fuyao Glass Industry Group Co., Ltd. Class H Business Overview & Revenue Model

Company DescriptionFuyao Glass Industry Group Co., Ltd., together with its subsidiaries, provides solutions of safety glass and automotive accessories for various transportation vehicles in China and internationally. It designs, manufactures, sells, and services automotive grade float glass, automotive glass, locomotive glass, luggage racks, and vehicle window trims, as well as offers relevant services. The company provides head-up display, semi- tempered laminated, acoustic, heating, hydrophobic, dimming, antenna, heat insulation, lightweight, and ambient glasses. It also offers photovoltaic and panoramic sunroofs; exterior decoration products; flush styling windows; and encapsulated glass and sliding window assemblies. The company was formerly known as Fujian Yaohua Glass Industry Group Co., Ltd. and changed its name to Fuyao Glass Industry Group Co., Ltd. in June 1992. Fuyao Glass Industry Group Co., Ltd. was founded in 1987 and is headquartered in Fuqing, China.
How the Company Makes MoneyFuyao Glass Industry Group Co., Ltd. generates revenue primarily through the sale of its automotive glass products. The company supplies its products to major automotive manufacturers and OEMs (Original Equipment Manufacturers), forming a substantial portion of its revenue stream. Fuyao Glass also engages in aftermarket sales, providing replacement glass for repairs and maintenance, which contributes to its earnings. Additionally, the company benefits from strategic partnerships and collaborations with key players in the automotive industry, enhancing its market reach and product development capabilities. Fuyao Glass's focus on quality, innovation, and global distribution networks further strengthens its financial performance.

Fuyao Glass Industry Group Co., Ltd. Class H Financial Statement Overview

Summary
Fuyao Glass Industry Group Co., Ltd. Class H demonstrates strong financial health with robust revenue and profit growth. The company shows effective cost management and operational performance. The balance sheet reflects stability and prudent management, while cash flow indicates strong generation capabilities, though capital expenditure management can improve.
Income Statement
85
Very Positive
The company shows strong revenue growth, with a significant increase in total revenue from the previous year. The gross profit and net profit margins are robust, indicating efficient cost management and profitability. The EBIT and EBITDA margins also reflect solid operational performance. Overall, the income statement suggests a healthy and growing business with strong profitability.
Balance Sheet
80
Positive
The debt-to-equity ratio is at a manageable level, indicating balanced leverage. The equity ratio is strong, showing a solid capital structure with substantial stockholders' equity. Return on equity is impressive, highlighting effective use of equity to generate profits. Overall, the balance sheet reflects financial stability and prudent management of assets and liabilities.
Cash Flow
78
Positive
Operating cash flow remains positive and supports the company's net income, indicating good cash generation from operations. The free cash flow growth rate is positive, reflecting an improvement in cash available after capital expenditures. The free cash flow to net income ratio suggests effective cash management, supporting the company's ability to finance its operations and investments. Overall, the cash flow statement indicates strong cash generation capabilities, though there are areas for improvement in capital expenditure management.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue40.33B39.25B33.16B28.10B23.60B19.91B
Gross Profit14.48B14.22B11.74B9.56B8.47B7.86B
EBITDA9.76B11.35B8.92B7.67B5.83B5.10B
Net Income8.14B7.50B5.63B4.76B3.15B2.60B
Balance Sheet
Total Assets65.98B63.25B56.63B50.77B44.78B38.42B
Cash, Cash Equivalents and Short-Term Investments20.46B18.79B18.52B17.03B14.33B9.11B
Total Debt10.82B12.15B14.33B11.71B10.40B10.13B
Total Liabilities28.26B27.57B25.22B21.78B18.49B16.83B
Stockholders Equity37.73B35.69B31.43B29.00B26.31B21.59B
Cash Flow
Free Cash Flow587.35M3.08B3.15B2.76B3.35B3.51B
Operating Cash Flow2.03B8.56B7.62B5.89B5.68B5.28B
Investing Cash Flow-131.31M55.73M-4.45B-7.66B-1.86B-1.17B
Financing Cash Flow-4.21B-3.36B-2.28B-1.24B1.95B-3.28B

Fuyao Glass Industry Group Co., Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Positive
Last Price57.20
Price Trends
50DMA
55.26
Positive
100DMA
53.33
Positive
200DMA
52.26
Positive
Market Momentum
MACD
0.32
Positive
RSI
53.37
Neutral
STOCH
47.50
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3606, the sentiment is Positive. The current price of 57.2 is above the 20-day moving average (MA) of 56.85, above the 50-day MA of 55.26, and above the 200-day MA of 52.26, indicating a bullish trend. The MACD of 0.32 indicates Positive momentum. The RSI at 53.37 is Neutral, neither overbought nor oversold. The STOCH value of 47.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3606.

Fuyao Glass Industry Group Co., Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (71)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
€160.14B18.2722.05%3.40%16.33%30.60%
71
Outperform
¥254.55B13.008.49%3.09%6.31%12.77%
$2.55B9.4710.07%1.62%
$3.28B7.4111.97%0.37%
$1.80B25.523.13%1.39%
€1.05B21.019.28%1.19%
63
Neutral
HK$1.59B7.028.65%4.32%13.37%-35.53%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3606
Fuyao Glass Industry Group Co., Ltd. Class H
57.20
13.86
31.97%
JELCF
Johnson Electric Holdings
2.70
1.31
94.24%
MNTHF
Minth Group
2.08
0.62
42.47%
NTXVF
Nexteer Automotive Group
0.63
0.23
57.50%
DE:W4K1
Zhejiang Shibao Co. Ltd. Class H
0.58
0.35
152.17%
HK:1760
Intron Technology Holdings Ltd.
1.45
0.03
2.11%

Fuyao Glass Industry Group Co., Ltd. Class H Corporate Events

Fuyao Glass Announces 2024 Final Dividend Distribution
Apr 29, 2025

Fuyao Glass Industry Group Co., Ltd. has announced the distribution of its final dividend for the financial year ending December 31, 2024. The dividend is set at RMB 1.8 per share, with a corresponding payment in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.07591. The ex-dividend date is May 14, 2025, with payment scheduled for June 6, 2025. The announcement includes details on withholding tax rates applicable to different types of shareholders, highlighting a 10% tax for non-resident enterprises and a 20% tax for resident individuals investing through specific stock connect programs. This update reflects the company’s commitment to shareholder returns and may influence investor sentiment and market positioning.

Fuyao Glass Announces 2024 Final Dividend Distribution
Apr 29, 2025

Fuyao Glass Industry Group Co., Ltd. has announced the distribution of its 2024 final dividend. Shareholders of H Shares will receive a cash dividend of RMB1.80 per share, payable in Hong Kong dollars, with a conversion rate set by the People’s Bank of China. The dividend will be distributed on June 6, 2025, and the company will withhold a 10% enterprise income tax for foreign non-resident enterprise shareholders.

Fuyao Glass Successfully Concludes 2024 AGM with Full Resolution Approval
Apr 17, 2025

Fuyao Glass Industry Group Co., Ltd. successfully held its 2024 Annual General Meeting (AGM) on April 17, 2025, at its headquarters in Fuqing City, Fujian Province. All proposed resolutions were passed without amendments, with a significant shareholder turnout representing over 58% of the company’s total shares with voting rights. The AGM was conducted in compliance with relevant Chinese laws and stock exchange regulations, ensuring the legality and validity of the resolutions passed.

Fuyao Glass Reports Strong Q1 2025 Financial Performance
Apr 17, 2025

Fuyao Glass Industry Group Co., Ltd. reported a strong financial performance for the first quarter of 2025, with a 12.16% increase in operating revenue and a 46.25% rise in net profit attributable to shareholders compared to the same period last year. The company’s robust growth in net cash flows from operating activities, which surged by 54.41%, highlights its effective operational management and solid market positioning, potentially benefiting stakeholders and enhancing its competitive edge in the industry.

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: Jun 07, 2025