868 Stock Overview

An investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. More details

868 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	1/6
Financial Health	6/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (9.3x) is below the Hong Kong market (10.7x)

Earnings are forecast to grow 8.42% per year

Risk Analysis

Dividend of 5.28% is not well covered by free cash flows

Community vs My Fair Value

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Xinyi Glass Holdings Limited Competitors

China Lesso Group Holdings

SEHK:2128

HK$10.8b

China State Construction Development Holdings

SEHK:830

HK$3.7b

Yuanda China Holdings

SEHK:2789

HK$931.3m

JiaChen Holding Group

SEHK:1937

HK$425.0m

Price History & Performance

Summary of share price highs, lows and changes for Xinyi Glass Holdings
Historical stock prices
Current Share Price	HK$7.76
52 Week High	HK$11.62
52 Week Low	HK$6.45
Beta	1.17
1 Month Change	6.45%
3 Month Change	0.65%
1 Year Change	-15.28%
3 Year Change	-61.20%
5 Year Change	-8.49%
Change since IPO	79.63%

Recent updates

Shareholder Returns

	868	HK Building	HK Market
7D	-1.8%	-1.0%	0.6%
1Y	-15.3%	-16.9%	29.0%

Return vs Industry: 868 exceeded the Hong Kong Building industry which returned -16.9% over the past year.

Return vs Market: 868 underperformed the Hong Kong Market which returned 29% over the past year.

Price Volatility

Is 868's price volatile compared to industry and market?
868 volatility
868 Average Weekly Movement	4.4%
Building Industry Average Movement	5.5%
Market Average Movement	6.9%
10% most volatile stocks in HK Market	14.3%
10% least volatile stocks in HK Market	3.2%

Stable Share Price: 868 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 868's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	16,485	Ching Sai Tung	www.xinyiglass.com

Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass.

Xinyi Glass Holdings Limited Fundamentals Summary

How do Xinyi Glass Holdings's earnings and revenue compare to its market cap?
868 fundamental statistics
Market cap	HK$33.81b
Earnings (TTM)	HK$3.62b
Revenue (TTM)	HK$23.97b

9.3x

P/E Ratio

1.4x

P/S Ratio

Is 868 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
868 income statement (TTM)
Revenue	CN¥22.32b
Cost of Revenue	CN¥15.59b
Gross Profit	CN¥6.73b
Other Expenses	CN¥3.36b
Earnings	CN¥3.37b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.77
Gross Margin	30.15%
Net Profit Margin	15.09%
Debt/Equity Ratio	21.3%

How did 868 perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

49%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/16 11:36
End of Day Share Price	2025/03/14 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Xinyi Glass Holdings Limited is covered by 29 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Derrick Sun	BNP Paribas Securities (Asia)
Xinyuan Li	BOCI Research Ltd.
Yanlin Zhao	BofA Global Research

868 Stock Overview

Rewards

Risk Analysis

Xinyi Glass Holdings Limited Competitors

SEHK:2128

HK$10.8b

SEHK:830

HK$3.7b

SEHK:2789

HK$931.3m

SEHK:1937

HK$425.0m

Price History & Performance

Recent News & Updates

Xinyi Glass Holdings Limited, Annual General Meeting, May 30, 2025

Xinyi Glass Holdings Limited to Report Q4, 2024 Results on Feb 28, 2025

Xinyi Glass Holdings Limited Provides Consolidated Financial Guidance for the Full Year Ended December 31, 2024

New minor risk - Shareholder dilution

First half 2024 earnings released: EPS: HK$0.65 (vs HK$0.52 in 1H 2023)

Investor sentiment improves as stock rises 25%

Recent updates

Xinyi Glass Holdings Limited, Annual General Meeting, May 30, 2025

Xinyi Glass Holdings Limited to Report Q4, 2024 Results on Feb 28, 2025

Xinyi Glass Holdings Limited Provides Consolidated Financial Guidance for the Full Year Ended December 31, 2024

New minor risk - Shareholder dilution

First half 2024 earnings released: EPS: HK$0.65 (vs HK$0.52 in 1H 2023)

Investor sentiment improves as stock rises 25%

New major risk - Revenue and earnings growth

First half 2024 earnings released: EPS: HK$0.65 (vs HK$0.52 in 1H 2023)

First half dividend increased to HK$0.31

New major risk - Revenue and earnings growth

Xinyi Glass Holdings Limited to Report First Half, 2024 Results on Jul 31, 2024

Xinyi Glass Holdings Limited Approves Final Dividend for the Year Ended 31 December 2023

Upcoming dividend of HK$0.37 per share

Investor sentiment improves as stock rises 17%

Xinyi Glass Holdings Limited, Annual General Meeting, May 31, 2024

Xinyi Glass Holdings Limited Announces Retirement of Yang Siu Shun, J.P. as Independent Non-Executive Director

Investor sentiment improves as stock rises 18%

Final dividend increased to HK$0.37

Full year 2023 earnings released: EPS: HK$1.29 (vs HK$1.27 in FY 2022)

Xinyi Glass Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 7 August 2024

Xinyi Glass Holdings Limited to Report Fiscal Year 2023 Results on Feb 28, 2024

Now 21% undervalued after recent price drop

CEO & Executive Director recently bought HK$3.1m worth of stock

CEO & Executive Director recently bought HK$9.1m worth of stock

CEO & Executive Director recently bought HK$7.5m worth of stock

New minor risk - Shareholder dilution

First half 2023 earnings released: EPS: HK$0.52 (vs HK$0.82 in 1H 2022)

CEO & Executive Director recently bought HK$11m worth of stock

CEO & Executive Director recently bought HK$11m worth of stock

Upcoming dividend of HK$0.26 per share at 4.9% yield

First half 2023 earnings released: EPS: HK$0.52 (vs HK$0.82 in 1H 2022)

Xinyi Glass Holdings Limited Declares an Interim Dividend for the Six Months Ended 30 June 2023, Payable on 10 October 2023

Now 20% undervalued after recent price drop

Xinyi Glass Holdings Limited Declares Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of HK$0.22 per share at 5.3% yield

Now 21% undervalued after recent price drop

Full year 2022 earnings released: EPS: HK$1.27 (vs HK$2.87 in FY 2021)

Full year 2022 earnings released: EPS: HK$1.27 (vs HK$2.87 in FY 2021)

Xinyi Glass Holdings Limited to Report Fiscal Year 2022 Results on Feb 27, 2023

Investor sentiment improved over the past week

Xinyi Glass Holdings Limited Provides Earnings Guidance for the Year Ending 31 December 2022

Less than half of directors are independent

Investor sentiment improved over the past week

Now 23% undervalued after recent price drop

First half 2022 earnings released: EPS: HK$0.82 (vs HK$1.33 in 1H 2021)

Now 21% undervalued after recent price drop

Xinyi Glass Holdings Limited Declares an Interim Dividend for the Six Months Ended 30 June 2022, Payable on 28 September 2022

Upcoming dividend of HK$0.40 per share

Founder & Chairman recently bought HK$40m worth of stock

Xinyi Glass Holdings Limited Declares an Interim Dividend for the Six Months Ended 30 June 2022, Payable on or before 28 September 2022

First half 2022 earnings released

Xinyi Glass Holdings Limited to Report Q2, 2022 Results on Aug 01, 2022

CEO & Executive Director recently bought HK$3.4m worth of stock

Founder & Chairman recently bought HK$4.9m worth of stock

Xinyi Glass Holdings Limited Announces Management Changes

Upcoming dividend of HK$0.76 per share

CEO & Executive Director recently bought HK$35m worth of stock

Full year 2021 earnings released: EPS: HK$2.87 (vs HK$1.60 in FY 2020)

Xinyi Glass Holdings Limited Proposes Final Dividend for the Year Ended December 31, 2021