How does 868's PE Ratio compare to its peers?

868 is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (6.9x).

How does 868's PE Ratio compare vs other companies in the Asian Building Industry?

868 is good value based on its Price-To-Earnings Ratio (6x) compared to the Asian Building industry average (17.3x).

What is 868's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

868 is good value based on its Price-To-Earnings Ratio (6x) compared to the estimated Fair Price-To-Earnings Ratio (6.4x).

What is the Fair Price of 868 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

868 (HK$8.14) is trading below our estimate of [[fair value]] (HK$21.37)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Xinyi Glass Holdings (SZSC:868) - Stock Price, News & Analysis

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	5/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 61.9% below our estimate of its fair value

Earnings grew by 49.8% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 0.4% per year for the next 3 years

Dividend of 8.35% is not well covered by free cash flows

Shareholders have been diluted in the past year

Xinyi Glass Holdings Limited Competitors

China Lesso Group Holdings

SEHK:2128

HK$10.9b

China State Construction Development Holdings

SEHK:830

HK$4.3b

Haitian International Holdings

SEHK:1882

HK$31.9b

BOC Aviation

SEHK:2588

HK$41.6b

Price History & Performance

Summary of all time highs, changes and price drops for Xinyi Glass Holdings
Historical stock prices
Current Share Price	HK$8.14
52 Week High	HK$11.62
52 Week Low	HK$6.01
Beta	1.17
11 Month Change	-9.86%
3 Month Change	17.63%
1 Year Change	-8.44%
33 Year Change	-56.70%
5 Year Change	-11.33%
Change since IPO	15.79%

Recent updates

Shareholder Returns

	868	HK Building	HK Market
7D	-4.8%	-4.7%	-1.5%
1Y	-8.4%	-10.8%	13.6%

Return vs Industry: 868 exceeded the Hong Kong Building industry which returned -15.6% over the past year.

Return vs Market: 868 underperformed the Hong Kong Market which returned 10% over the past year.

Price Volatility

Is 868's price volatile compared to industry and market?
868 volatility
868 Average Weekly Movement	9.7%
Building Industry Average Movement	11.2%
Market Average Movement	8.9%
10% most volatile stocks in HK Market	18.9%
10% least volatile stocks in HK Market	4.2%

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 (10%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	16,471	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$35.47b
Earnings (TTM)	HK$5.95b
Revenue (TTM)	HK$25.98b

6.0x

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	HK$25.98b
Cost of Revenue	HK$16.99b
Gross Profit	HK$9.00b
Other Expenses	HK$3.05b
Earnings	HK$5.95b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.36
Gross Margin	34.63%
Net Profit Margin	22.89%
Debt/Equity Ratio	19.8%

How did 868 perform over the long term?

See historical performance and comparison

Dividends

8.4%

Current Dividend Yield

48%

Payout Ratio

868 Stock Overview

Rewards

Risk Analysis

Xinyi Glass Holdings Limited Competitors

SEHK:2128

HK$10.9b

SEHK:830

HK$4.3b

SEHK:1882

HK$31.9b

SEHK:2588

HK$41.6b

Price History & Performance

Recent News & Updates

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

Recent updates

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

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

Key Executive recently bought HK$29m worth of stock

Non-Executive Director recently bought HK$7.1m worth of stock

CEO & Executive Director recently bought HK$107m worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat