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Flat Glass Group SEHK:6865 Stock Report

Last Price

HK$11.08

Market Cap

HK$47.6b

7D

-11.1%

1Y

-8.3%

Updated

21 Dec, 2024

Data

Company Financials +

Flat Glass Group Co., Ltd.

SEHK:6865 Stock Report

Market Cap: HK$47.6b

6865 Stock Overview

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. More details

6865 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance2/6
Financial Health4/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Flat Glass Group Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Flat Glass Group
Historical stock prices
Current Share PriceHK$11.08
52 Week HighHK$21.40
52 Week LowHK$8.75
Beta1.21
1 Month Change-13.44%
3 Month Change19.40%
1 Year Change-8.28%
3 Year Change-67.55%
5 Year Change133.76%
Change since IPO471.13%

Recent News & Updates

Investors Could Be Concerned With Flat Glass Group's (HKG:6865) Returns On Capital

Dec 15
Investors Could Be Concerned With Flat Glass Group's (HKG:6865) Returns On Capital

Is Flat Glass Group (HKG:6865) Using Too Much Debt?

Nov 29
Is Flat Glass Group (HKG:6865) Using Too Much Debt?

What Is Flat Glass Group Co., Ltd.'s (HKG:6865) Share Price Doing?

Oct 25
What Is Flat Glass Group Co., Ltd.'s (HKG:6865) Share Price Doing?

Recent updates

Investors Could Be Concerned With Flat Glass Group's (HKG:6865) Returns On Capital

Dec 15
Investors Could Be Concerned With Flat Glass Group's (HKG:6865) Returns On Capital

Is Flat Glass Group (HKG:6865) Using Too Much Debt?

Nov 29
Is Flat Glass Group (HKG:6865) Using Too Much Debt?

What Is Flat Glass Group Co., Ltd.'s (HKG:6865) Share Price Doing?

Oct 25
What Is Flat Glass Group Co., Ltd.'s (HKG:6865) Share Price Doing?

Flat Glass Group Co., Ltd. (HKG:6865) Not Lagging Market On Growth Or Pricing

Sep 30
Flat Glass Group Co., Ltd. (HKG:6865) Not Lagging Market On Growth Or Pricing

Some Flat Glass Group Co., Ltd. (HKG:6865) Analysts Just Made A Major Cut To Next Year's Estimates

Sep 02
Some Flat Glass Group Co., Ltd. (HKG:6865) Analysts Just Made A Major Cut To Next Year's Estimates

Flat Glass Group (HKG:6865) Hasn't Managed To Accelerate Its Returns

Aug 19
Flat Glass Group (HKG:6865) Hasn't Managed To Accelerate Its Returns

We Think Flat Glass Group (HKG:6865) Can Stay On Top Of Its Debt

Jul 25
We Think Flat Glass Group (HKG:6865) Can Stay On Top Of Its Debt

Investors Give Flat Glass Group Co., Ltd. (HKG:6865) Shares A 29% Hiding

Jun 29
Investors Give Flat Glass Group Co., Ltd. (HKG:6865) Shares A 29% Hiding

Investors Met With Slowing Returns on Capital At Flat Glass Group (HKG:6865)

May 21
Investors Met With Slowing Returns on Capital At Flat Glass Group (HKG:6865)

Should You Think About Buying Flat Glass Group Co., Ltd. (HKG:6865) Now?

Apr 29
Should You Think About Buying Flat Glass Group Co., Ltd. (HKG:6865) Now?

Flat Glass Group's (HKG:6865) Profits May Not Reveal Underlying Issues

Apr 02
Flat Glass Group's (HKG:6865) Profits May Not Reveal Underlying Issues

Flat Glass Group Co., Ltd.'s (HKG:6865) 38% Jump Shows Its Popularity With Investors

Mar 08
Flat Glass Group Co., Ltd.'s (HKG:6865) 38% Jump Shows Its Popularity With Investors

We Think Flat Glass Group (HKG:6865) Can Stay On Top Of Its Debt

Mar 01
We Think Flat Glass Group (HKG:6865) Can Stay On Top Of Its Debt

Earnings Tell The Story For Flat Glass Group Co., Ltd. (HKG:6865) As Its Stock Soars 32%

Jan 23
Earnings Tell The Story For Flat Glass Group Co., Ltd. (HKG:6865) As Its Stock Soars 32%

Is Flat Glass Group Co., Ltd. (HKG:6865) Trading At A 38% Discount?

Jan 12
Is Flat Glass Group Co., Ltd. (HKG:6865) Trading At A 38% Discount?

Should You Investigate Flat Glass Group Co., Ltd. (HKG:6865) At HK$13.18?

Jan 01
Should You Investigate Flat Glass Group Co., Ltd. (HKG:6865) At HK$13.18?

Shareholder Returns

6865HK SemiconductorHK Market
7D-11.1%3.6%-0.5%
1Y-8.3%20.6%19.9%

Return vs Industry: 6865 underperformed the Hong Kong Semiconductor industry which returned 20.6% over the past year.

Return vs Market: 6865 underperformed the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 6865's price volatile compared to industry and market?
6865 volatility
6865 Average Weekly Movement13.6%
Semiconductor Industry Average Movement14.4%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 6865's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: 6865's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
19988,787Hongliang Ruanwww.flatgroup.com.cn

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; and sale and installation of natural gas pipelines.

Flat Glass Group Co., Ltd. Fundamentals Summary

How do Flat Glass Group's earnings and revenue compare to its market cap?
6865 fundamental statistics
Market capHK$47.65b
Earnings (TTM)HK$2.22b
Revenue (TTM)HK$21.57b

11.6x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6865 income statement (TTM)
RevenueCN¥20.24b
Cost of RevenueCN¥16.18b
Gross ProfitCN¥4.07b
Other ExpensesCN¥1.98b
EarningsCN¥2.09b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.89
Gross Margin20.09%
Net Profit Margin10.31%
Debt/Equity Ratio66.6%

How did 6865 perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

58%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Flat Glass Group Co., Ltd. is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yunqing FeiBOCI Research Ltd.
Edward LeungBofA Global Research
Fu YangChasing Securities