China Glass Holdings Limited, through its subsidiaries, engages in the production, marketing, and distribution of glass and glass products in Mainland China, Hong Kong, the Middle East, Bangladesh, South Korea, Italy, Nigeria, and internationally.
Slightly overvalued with poor track record.
Share Price & News
How has China Glass Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3300 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 3300 underperformed the Hong Kong Building industry which returned 102.9% over the past year.
Return vs Market: 3300 underperformed the Hong Kong Market which returned 5.4% over the past year.
Price Volatility Vs. Market
How volatile is China Glass Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StWe Like These Underlying Trends At China Glass Holdings (HKG:3300)
1 month ago | Simply Wall StIf You Had Bought China Glass Holdings' (HKG:3300) Shares Five Years Ago You Would Be Down 67%
2 months ago | Simply Wall StA Rising Share Price Has Us Looking Closely At China Glass Holdings Limited's (HKG:3300) P/E Ratio
Is China Glass Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 3300's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 3300's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 3300's PE Ratio (7.7x) is in line with the HK Building industry average.
PE vs Market: 3300 is good value based on its PE Ratio (7.7x) compared to the Hong Kong market (10.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3300's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3300 is good value based on its PB Ratio (0.3x) compared to the HK Building industry average (0.5x).
How is China Glass Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Glass Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 3300’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- China Glass Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has China Glass Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3300 has a large one-off gain of CN¥222.0M impacting its December 31 2019 financial results.
Growing Profit Margin: 3300's current net profit margins (3.5%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: 3300 has become profitable over the past 5 years, growing earnings by 55.7% per year.
Accelerating Growth: 3300's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3300 had negative earnings growth (-11.7%) over the past year, making it difficult to compare to the Building industry average (3.4%).
Return on Equity
High ROE: 3300's Return on Equity (3.2%) is considered low.
How is China Glass Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 3300's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥3.5B).
Long Term Liabilities: 3300's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 3300's debt to equity ratio (144.9%) is considered high.
Reducing Debt: 3300's debt to equity ratio has increased from 66.6% to 144.9% over the past 5 years.
Debt Coverage: 3300's debt is not well covered by operating cash flow (4.2%).
Interest Coverage: 3300's interest payments on its debt are not well covered by EBIT (0.3x coverage).
What is China Glass Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3300's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3300's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3300's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3300's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 3300 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3300's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Guo Lyu (57 yo)
Mr. Guo Lyu has been the Chief Executive Officer of China Glass Holdings Limited since June 15, 2020. Mr. Lyu served as a Vice President of China Glass Holdings Limited. He serves as a Director and General ...
|Executive Director||13.42yrs||CN¥1.66m||0.81% |
|Chief Executive Officer||0.17yr||CN¥130.00k||0.38% |
|Chief Financial Officer||3.42yrs||no data||no data|
|Chief Technology Officer||no data||no data||no data|
|Senior Vice President||no data||no data||no data|
|Company Secretary||2.67yrs||no data||no data|
Experienced Management: 3300's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|Executive Director||13.42yrs||CN¥1.66m||0.81% |
|Non-Executive Director||15.25yrs||no data||no data|
|Chairman of the Board||3.42yrs||CN¥1.00k||no data|
|Independent Non-Executive Director||15.25yrs||CN¥159.00k||no data|
|Honorary Chairman||5.5yrs||CN¥71.00k||1.25% |
|Independent Non-Executive Director||9.17yrs||CN¥159.00k||no data|
|Independent Non-Executive Director||7.67yrs||CN¥159.00k||no data|
|Non-executive Director||2yrs||CN¥1.00k||no data|
Experienced Board: 3300's board of directors are considered experienced (8.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China Glass Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: China Glass Holdings Limited
- Ticker: 3300
- Exchange: SEHK
- Founded: 2004
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: HK$760.262m
- Shares outstanding: 1.81b
- Website: https://www.chinaglassholdings.com
Number of Employees
- China Glass Holdings Limited
- West Tower
- Unit 2608, 26th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3300||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jun 2005|
|C8G1||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2005|
China Glass Holdings Limited, through its subsidiaries, engages in the production, marketing, and distribution of glass and glass products in Mainland China, Hong Kong, the Middle East, Bangladesh, South K ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/09 12:48|
|End of Day Share Price||2020/08/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.