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, Italy, the Philippines, Peru, and internationally. More Details
Mediocre balance sheet with weak fundamentals.
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 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 3300's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
7 Day Return
1 Year Return
Return vs Industry: 3300 exceeded the Hong Kong Building industry which returned 145.2% over the past year.
Return vs Market: 3300 exceeded the Hong Kong Market which returned 21.7% over the past year.
Long-Term 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
6 months ago | Simply Wall StIs China Glass Holdings Limited (HKG:3300) Popular Amongst Institutions?
7 months ago | Simply Wall StInvestors Who Bought China Glass Holdings (HKG:3300) Shares A Year Ago Are Now Up 53%
8 months ago | Simply Wall StIs China Glass Holdings (HKG:3300) Using Too Much Debt?
Is China Glass Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 3300 (HK$1.63) is trading above our estimate of fair value (HK$1.51)
Significantly Below Fair Value: 3300 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3300 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Building industry average.
PE vs Market: 3300 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
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 overvalued based on its PB Ratio (1.2x) compared to the HK Building industry average (0.7x).
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.
How has China Glass Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3300 is currently unprofitable.
Growing Profit Margin: 3300 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3300 is unprofitable, but has reduced losses over the past 5 years at a rate of 29.1% per year.
Accelerating Growth: Unable to compare 3300's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3300 is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (10.7%).
Return on Equity
High ROE: 3300 has a negative Return on Equity (-4.54%), as it is currently unprofitable.
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¥3.8B).
Long Term Liabilities: 3300's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 3300's debt to equity ratio (159.5%) is considered high.
Reducing Debt: 3300's debt to equity ratio has increased from 77% to 159.5% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 3300 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3300 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.8% per year.
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 and serves as Executive Director since April 1, 2021. Mr. Lyu served as a Vice President of China Glass ...
Experienced Management: 3300's management team is considered experienced (3.5 years average tenure).
Experienced Board: 3300's board of directors are considered experienced (6.3 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$2.951b
- Shares outstanding: 1.81b
- Website: https://www.chinaglassholdings.com
Number of Employees
- China Glass Holdings Limited
- West Tower
- Unit 2608, 26th Floor
- Hong Kong
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, Italy, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/19 10:34|
|End of Day Share Price||2021/06/18 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.