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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:
Fuyao Glass Industry Group Co., Ltd. Class H shows strong financial performance with robust revenue growth and solid profitability. The balanced leverage and strong equity base further reinforce the company's stability. While technical indicators present a neutral outlook, the stock maintains a fair valuation with an appealing dividend yield. The healthy cash flow supports ongoing investments, though improvements in capital expenditure management could enhance future performance.

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. Class H (3606) is a leading global manufacturer in the automotive glass industry. The company specializes in the production of high-quality automotive safety glass, offering a wide range of products including laminated glass, tempered glass, and various automotive glass accessories. Serving both domestic and international markets, Fuyao Glass provides glass products to major automobile manufacturers worldwide, ensuring safety and innovation in vehicle design.
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 across all key financial statements. The company is experiencing robust revenue and profit growth, underpinned by strong operational performance and effective cost management. The balance sheet reflects financial stability with balanced leverage and a strong equity base. Cash flow from operations is healthy, supporting ongoing investments and financial obligations. While the company is well-positioned for future growth, attention to capital expenditure efficiency may further enhance financial performance.
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.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
40.33B39.25B33.16B28.10B23.60B19.91B
Gross Profit
14.48B14.22B11.74B9.56B8.47B7.86B
EBIT
9.85B9.08B6.79B5.66B3.76B3.27B
EBITDA
9.76B11.35B8.92B7.67B5.83B5.10B
Net Income Common Stockholders
8.14B7.50B5.63B4.76B3.15B2.60B
Balance SheetCash, Cash Equivalents and Short-Term Investments
20.46B18.79B18.52B17.03B14.33B9.11B
Total Assets
65.98B63.25B56.63B50.77B44.78B38.42B
Total Debt
10.82B12.15B14.33B11.71B10.40B10.13B
Net Debt
-9.63B-6.64B-4.18B-5.31B-3.93B1.32B
Total Liabilities
28.26B27.57B25.22B21.78B18.49B16.83B
Stockholders Equity
37.73B35.69B31.43B29.00B26.31B21.59B
Cash FlowFree Cash Flow
587.35M3.08B3.15B2.76B3.35B3.51B
Operating Cash Flow
2.03B8.56B7.62B5.89B5.68B5.28B
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 Price59.80
Price Trends
50DMA
52.20
Positive
100DMA
51.74
Positive
200DMA
49.99
Positive
Market Momentum
MACD
1.14
Negative
RSI
70.27
Negative
STOCH
75.30
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 59.8 is above the 20-day moving average (MA) of 53.05, above the 50-day MA of 52.20, and above the 200-day MA of 49.99, indicating a bullish trend. The MACD of 1.14 indicates Negative momentum. The RSI at 70.27 is Negative, neither overbought nor oversold. The STOCH value of 75.30 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 (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
€163.07B18.3522.05%2.82%16.33%30.60%
71
Outperform
$57.26B5.8314.62%6.94%1.21%2.15%
64
Neutral
$4.39B11.815.20%249.38%3.96%-12.36%
59
Neutral
$51.03B12.489.94%6.46%1.39%-21.74%
58
Neutral
$32.50B8.6817.66%8.95%5.12%46.63%
55
Neutral
HK$4.97B-17.32%-31.64%-253.13%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3606
Fuyao Glass Industry Group Co., Ltd. Class H
59.80
17.13
40.15%
HK:1193
China Resources Gas Group
22.10
-4.42
-16.68%
HK:1108
Triumph New Energy Company
3.65
-1.49
-28.99%
HK:0868
Xinyi Glass Holdings
7.44
-1.30
-14.86%
HK:3311
China State Construction International Holdings
11.00
1.75
18.88%

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.

Fuyao Glass Industry Group Schedules Board Meeting for Quarterly Results
Apr 2, 2025

Fuyao Glass Industry Group Co., Ltd. has announced that its board of directors will convene a meeting on April 17, 2025, to review and approve the company’s quarterly financial results for the period ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and potentially impact its market positioning and stakeholder interests.

Fuyao Glass Industry Group Announces 2024 AGM and Dividend Plans
Mar 25, 2025

Fuyao Glass Industry Group Co., Ltd. has announced its 2024 Annual General Meeting (AGM) scheduled for April 17, 2025, where key resolutions such as the work reports of the board, financial reports, and profit distribution plan will be discussed. The company plans to distribute a cash dividend of RMB1.80 per share, totaling approximately RMB4.7 billion, subject to approval at the AGM. Additionally, resolutions on the issuance of medium-term notes and ultra short-term financing bonds will be considered, indicating strategic financial planning to support future operations.

Fuyao Glass Announces 2024 Final Dividend of RMB 1.8 Per Share
Mar 18, 2025

Fuyao Glass Industry Group Co., Ltd. has announced a final cash dividend of RMB 1.8 per share for the financial year ending December 31, 2024, with a payment date set for June 13, 2025. This announcement reflects the company’s strong financial performance and commitment to returning value to its shareholders, although specific details such as the exchange rate and ex-dividend date are yet to be announced. The dividend will be subject to withholding tax, with different rates applied to non-resident enterprises and individual residents, impacting the net dividend received by various stakeholders.

Fuyao Glass Reports Strong 2024 Financial Results and Announces Dividend Distribution
Mar 18, 2025

Fuyao Glass Industry Group Co., Ltd. announced its audited annual results for 2024, reporting a net profit attributable to shareholders of RMB7.5 billion according to international standards. The company plans to distribute cash dividends totaling RMB4.7 billion to shareholders, accounting for 62.65% of the net profit. Despite the distribution, the company will not issue bonus shares or convert capital reserves into share capital for the year. The announcement underscores Fuyao Glass’s strong financial performance and commitment to returning value to shareholders, reinforcing its robust position in the glass manufacturing industry.

Fuyao Glass Industry Group Schedules Board Meeting for Annual Results and Dividend Decision
Mar 4, 2025

Fuyao Glass Industry Group Co., Ltd. has announced that its board of directors will convene on March 18, 2025, to review and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend payment, which could have implications for the company’s financial strategy and shareholder returns.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.