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XYIG

Xinyi Glass Holdings OTCPK:XYIG.F Stock Report

Last Price

US$2.01

Market Cap

US$8.0b

7D

-0.2%

1Y

-49.3%

Updated

12 Aug, 2022

Data

Company Financials +
XYIG.F fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends5/6

XYIG.F Stock Overview

Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications.

Xinyi Glass Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Xinyi Glass Holdings
Historical stock prices
Current Share PriceHK$2.01
52 Week HighHK$4.12
52 Week LowHK$1.88
Beta0.89
1 Month Change-9.78%
3 Month Change-11.60%
1 Year Change-49.32%
3 Year Change114.12%
5 Year Change102.21%
Change since IPO99.21%

Recent News & Updates

Shareholder Returns

XYIG.FUS BuildingUS Market
7D-0.2%4.6%3.2%
1Y-49.3%-15.2%-10.1%

Return vs Industry: XYIG.F underperformed the US Building industry which returned -17.1% over the past year.

Return vs Market: XYIG.F underperformed the US Market which returned -11.7% over the past year.

Price Volatility

Is XYIG.F's price volatile compared to industry and market?
XYIG.F volatility
XYIG.F Average Weekly Movement8.0%
Building Industry Average Movement6.1%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: XYIG.F is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: XYIG.F's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198814,798Ching Sai Tunghttps://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 Fundamentals Summary

How do Xinyi Glass Holdings's earnings and revenue compare to its market cap?
XYIG.F fundamental statistics
Market CapHK$62.42b
Earnings (TTM)HK$9.48b
Revenue (TTM)HK$30.53b

6.6x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XYIG.F income statement (TTM)
RevenueHK$30.53b
Cost of RevenueHK$16.71b
Gross ProfitHK$13.82b
Other ExpensesHK$4.34b
EarningsHK$9.48b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.38
Gross Margin45.26%
Net Profit Margin31.06%
Debt/Equity Ratio47.9%

How did XYIG.F perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

49%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is XYIG.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for XYIG.F?

Other financial metrics that can be useful for relative valuation.

XYIG.F key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.2x
Enterprise Value/EBITDA5.7x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does XYIG.F's PE Ratio compare to its peers?

XYIG.F PE Ratio vs Peers
The above table shows the PE ratio for XYIG.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.2x
TREX Trex Company
25.1x8.2%US$6.5b
FBHS Fortune Brands Home & Security
12x4.0%US$9.0b
WMS Advanced Drainage Systems
35.1x12.8%US$12.4b
UFPI UFP Industries
8.7x-4.3%US$5.5b
XYIG.F Xinyi Glass Holdings
6.6x9.9%US$62.4b

Price-To-Earnings vs Peers: XYIG.F is good value based on its Price-To-Earnings Ratio (6.6x) compared to the peer average (20.2x).


Price to Earnings Ratio vs Industry

How does XYIG.F's PE Ratio compare vs other companies in the US Building Industry?

Price-To-Earnings vs Industry: XYIG.F is good value based on its Price-To-Earnings Ratio (6.6x) compared to the US Building industry average (17.1x)


Price to Earnings Ratio vs Fair Ratio

What is XYIG.F'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.

XYIG.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.6x
Fair PE Ratio26.1x

Price-To-Earnings vs Fair Ratio: XYIG.F is good value based on its Price-To-Earnings Ratio (6.6x) compared to the estimated Fair Price-To-Earnings Ratio (26.1x).


Share Price vs Fair Value

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

Below Fair Value: XYIG.F ($2.01) is trading below our estimate of fair value ($2.19)

Significantly Below Fair Value: XYIG.F is trading below fair value, but not by a significant amount.


Analyst Price Targets

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

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


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Future Growth

How is Xinyi Glass Holdings forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XYIG.F's forecast earnings growth (9.9% per year) is above the savings rate (1.9%).

Earnings vs Market: XYIG.F's earnings (9.9% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: XYIG.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: XYIG.F's revenue (5.7% per year) is forecast to grow slower than the US market (7.9% per year).

High Growth Revenue: XYIG.F's revenue (5.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XYIG.F's Return on Equity is forecast to be low in 3 years time (17.7%).


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Past Performance

How has Xinyi Glass Holdings performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


25.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: XYIG.F has high quality earnings.

Growing Profit Margin: XYIG.F's current net profit margins (31.1%) are lower than last year (41.6%).


Past Earnings Growth Analysis

Earnings Trend: XYIG.F's earnings have grown significantly by 25.4% per year over the past 5 years.

Accelerating Growth: XYIG.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: XYIG.F had negative earnings growth (-9%) over the past year, making it difficult to compare to the Building industry average (19.9%).


Return on Equity

High ROE: XYIG.F's Return on Equity (28.9%) is considered high.


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Financial Health

How is Xinyi Glass Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: XYIG.F's short term assets (HK$22.7B) exceed its short term liabilities (HK$16.4B).

Long Term Liabilities: XYIG.F's short term assets (HK$22.7B) exceed its long term liabilities (HK$9.5B).


Debt to Equity History and Analysis

Debt Level: XYIG.F's net debt to equity ratio (10%) is considered satisfactory.

Reducing Debt: XYIG.F's debt to equity ratio has reduced from 50.8% to 47.9% over the past 5 years.

Debt Coverage: XYIG.F's debt is well covered by operating cash flow (78.4%).

Interest Coverage: XYIG.F's interest payments on its debt are well covered by EBIT (75.2x coverage).


Balance Sheet


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Dividend

What is Xinyi Glass Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


7.42%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: XYIG.F's dividend (7.42%) is higher than the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: XYIG.F's dividend (7.42%) is in the top 25% of dividend payers in the US market (4%)


Stability and Growth of Payments

Stable Dividend: XYIG.F's dividend payments have been volatile in the past 10 years.

Growing Dividend: XYIG.F's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (49.2%), XYIG.F's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (45.9%), XYIG.F's dividend payments are well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

18.2yrs

Average board tenure


CEO

Ching Sai Tung (56 yo)

no data

Tenure

HK$72,100,000

Compensation

Tan Sri Datuk Ching Sai Tung, P.S.M, D.M.S.M, B.B.S., J.P., has been an Executive Director and Executive Vice Chairman at Xinyi Energy Holdings Limited since joining in July 2006. Mr. Tung serves as the Ch...


CEO Compensation Analysis

Compensation vs Market: Ching Sai's total compensation ($USD9.20M) is about average for companies of similar size in the US market ($USD8.25M).

Compensation vs Earnings: Ching Sai's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

Experienced Board: XYIG.F's board of directors are seasoned and experienced ( 18.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: XYIG.F insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Xinyi Glass Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Xinyi Glass Holdings Limited
  • Ticker: XYIG.F
  • Exchange: OTCPK
  • Founded: 1988
  • Industry: Building Products
  • Sector: Capital Goods
  • Implied Market Cap: HK$62.419b
  • Listing Market Cap: HK$7.963b
  • Shares outstanding: 3.99b
  • Website: https://www.xinyiglass.com

Number of Employees


Location

  • Xinyi Glass Holdings Limited
  • Rykadan Capital Tower
  • 21st Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.