Flat Glass Group Co (6865) AI Stock Analysis

• Market Cap: $41.26B
• Dividend Yield: 5%
• Average Volume (3M): 8.31M
• Price to Earnings (P/E): 64.9
• Beta (1Y): 0.83
• Revenue Growth: -30.42%
• EPS Growth: -107.02%
• Country: HK
• Employees: 7,759
• Sector: Technology
• Sector Strength: 88
• Industry: Construction
• EPS (TTM): 0.07
• Shares Outstanding: 441,715,000
• 10 Day Avg. Volume: 6,641,506
• 30 Day Avg. Volume: 8,310,729
• PEG Ratio: -0.36
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 1.28
• P/FCF Ratio: 23.36
• Enterprise Value/Market Cap: 0.78
• Enterprise Value/Revenue: 2.05
• Enterprise Value/Gross Profit: 25.59
• Enterprise Value/Ebitda: 13.96
• 1Y Price Target: $11.65
• Price Target Upside: 4.51% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 56 Neutral
• Price Target: HK$11.50 ▲(3.14% Upside)

The overall stock score is primarily influenced by financial performance, which shows stability but also highlights challenges in revenue growth and leverage. Technical analysis indicates a lack of strong momentum, while valuation concerns arise from a negative P/E ratio despite a high dividend yield. The absence of earnings call and corporate events data limits further insights.

Flat Glass Group Co Business Overview & Revenue Model

Company Description

Flat Glass Group Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of glass products in the People's Republic of China, the rest of Asia, Europe, North America, and internationally. The company offers photovoltaic glass, float glass, architectural glass, and household glass products It is also involved in the mine of a quartzite ores; investment, construction, operation, and maintenance of energy power plants; development of natural gas utilization technology; and sale and installation of natural gas pipelines. In addition, it offers supply chain management services; transports goods; and exports glass products. The company serves PV module manufacturers, glass processing manufacturers, glass wholesalers, furniture manufacturers and processing companies, furniture retailers, architectural contractors, architectural glass processing companies, and construction companies. Flat Glass Group Co., Ltd. was founded in 1998 and is headquartered in Jiaxing, the People's Republic of China.

How the Company Makes Money

Flat Glass Group Co generates revenue through multiple streams, primarily by manufacturing and selling flat glass products to various industries. The company has established key partnerships with construction firms, automotive manufacturers, and interior designers, which contribute significantly to its sales. Additionally, Flat Glass Group Co benefits from a growing demand for energy-efficient and environmentally friendly glass solutions, allowing it to command premium pricing on specialized products. The company also engages in exports, tapping into international markets, which further diversifies its revenue base and enhances its earnings potential.

Flat Glass Group Co Financial Statement Overview

Summary

Flat Glass Group Co exhibits strong profitability metrics and a solid equity base, indicating a stable financial position. However, the recent decline in revenue and increased leverage could present challenges moving forward. Management should focus on improving revenue growth and managing debt levels to safeguard financial health.

Income Statement

Revenues have shown a decline in the latest period with a decrease from the previous year's figures, indicating potential market challenges. Despite this, the company maintains a strong gross profit margin of 15.08% and a net profit margin of 5.39% for 2024, reflecting stable operational efficiency. However, the EBIT and EBITDA margins have decreased, which suggests pressures on operating costs.

Balance Sheet

The balance sheet displays a healthy equity ratio of 50.55%, indicating a strong equity base relative to total assets. However, the debt-to-equity ratio is relatively high at 0.69, which could pose risks if leverage increases further. Return on Equity (ROE) is at 4.64%, which is moderate but shows room for improvement.

Cash Flow

The cash flow statement shows a significant operating cash flow which is a positive sign of cash generation from core activities. However, free cash flow has been volatile, and the free cash flow growth rate shows a concerning decrease. The operating cash flow to net income ratio is relatively strong, suggesting good cash earnings quality.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	15.72B	18.68B	21.52B	15.46B	8.71B	6.26B
Gross Profit	1.26B	2.82B	4.69B	3.41B	3.09B	2.66B
EBITDA	2.31B	3.77B	5.48B	3.80B	2.89B	2.36B
Net Income	-230.92M	1.01B	2.76B	2.12B	2.12B	1.63B
Balance Sheet
Total Assets	43.20B	42.92B	42.98B	32.38B	20.08B	12.27B
Cash, Cash Equivalents and Short-Term Investments	4.95B	5.96B	6.85B	2.98B	3.04B	1.99B
Total Debt	14.79B	15.04B	14.99B	12.81B	5.19B	3.11B
Total Liabilities	21.25B	21.14B	20.69B	18.35B	8.27B	5.03B
Stockholders Equity	21.86B	21.70B	22.22B	14.03B	11.81B	7.23B
Cash Flow
Free Cash Flow	1.55B	1.03B	-3.65B	-7.89B	-3.19B	-248.96M
Operating Cash Flow	5.57B	5.91B	1.97B	176.90M	579.73M	1.70B
Investing Cash Flow	-4.32B	-5.55B	-5.83B	-7.87B	-3.56B	-2.37B
Financing Cash Flow	-1.66B	-1.35B	7.00B	7.85B	3.95B	1.37B

Flat Glass Group Co Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.15
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6865, the sentiment is Negative. The current price of 11.15 is below the 20-day moving average (MA) of 11.58, below the 50-day MA of 11.18, and above the 200-day MA of 10.63, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 45.71 is Neutral, neither overbought nor oversold. The STOCH value of 35.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6865.

Flat Glass Group Co Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8646	66 Neutral	HK$167.32M	2.47	11.61%	―	5.34%	43.91%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6865	56 Neutral	$41.26B	64.86	-1.07%	5.00%	-30.42%	-107.02%
1108	55 Neutral	€5.71B	―	-25.22%	―	-51.89%	-575.30%

Flat Glass Group Co Corporate Events

Flat Glass Group Reports Sharp Decline in Q1 2025 Financial Performance

Flat Glass Group Co., Ltd. reported a significant decline in its financial performance for the first quarter of 2025, with revenue dropping by 28.76% and net profit attributable to equity owners plummeting by 86.03% compared to the same period last year. This downturn reflects challenges in the market and may impact the company’s operations and stakeholder confidence.

Flat Glass Group Co. Enhances Governance with New Nomination Committee

Flat Glass Group Co., Ltd. has established a Nomination Committee to streamline the selection process for directors and senior management, aiming to enhance its board’s composition and governance structure. This move is intended to ensure that the board’s skills and experience align with the company’s strategic goals, thereby strengthening its industry positioning and operational efficiency.

Flat Glass Group Terminates 2021 A Share Option Incentive Scheme

Flat Glass Group Co., Ltd. announced the termination of its 2021 A Share Option Incentive Scheme due to significant changes in its internal and external environment, which hindered the achievement of expected incentive goals. The decision aims to better motivate the core team and protect the interests of employees and shareholders. The termination is compliant with relevant laws and will not materially impact the company’s operations or financial condition. The company will proceed with the cancellation of 3,147,284 outstanding share options and will not adopt another incentive scheme within three months of the announcement.

Flat Glass Group Schedules Board Meeting to Review Quarterly Results

Flat Glass Group Co., Ltd. has announced that its board of directors will convene on April 29, 2025, to review and approve the company’s unaudited first quarterly results for the period ending March 31, 2025. This meeting is a significant event for the company as it will provide insights into its financial performance and operational progress, potentially impacting its market positioning and stakeholder interests.

Flat Glass Group Announces Upcoming Board Meeting for Annual Results

Flat Glass Group Co., Ltd. has announced that its board of directors will meet on March 27, 2025, to consider and approve the audited annual results for the year ending December 31, 2024. The meeting will also discuss the recommendation for the payment of a final dividend, which could impact shareholder returns and reflect the company’s financial health.