Want to see HK:3606 full AI Analyst Report?
Fuyao Glass Industry Group Co., Ltd. Class H (3606) AI Stock Analysis
Top Page
Fuyao Glass Industry Group Co., Ltd. Class H
(HKEX:3606)
The score is primarily driven by strong fundamental growth and solid profitability, tempered by leverage and weaker recent cash conversion. Technical indicators are a meaningful drag due to broad weakness versus moving averages and negative momentum signals. Valuation is supportive, with a reasonable P/E and a strong dividend yield.
Fuyao Glass Industry Group Co., Ltd. Class H (3606) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 157.17B
- Dividend Yield
- 4.96%
- Average Volume (3M)
- 3.22M
- Price to Earnings (P/E)
- 16.9
- Beta (1Y)
- 0.71
- Revenue Growth
- 13.06%
- EPS Growth
- -0.41%
- Country
- Hong Kong
- Employees
- 42,541
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Auto - Parts
Fuyao Glass Industry Group Co., Ltd. Class H Business Overview & Revenue Model
Company Description
Fuyao Glass Industry Group Co., Ltd., along with its subsidiaries, stands as a prominent global supplier of safety glass and various accessories for the transportation industry, serving both Chinese and international markets. The company's activities...
How the Company Makes Money
Fuyao primarily makes money by manufacturing and selling automotive glass products, generating revenue when it delivers glass to customers under supply contracts and purchase orders. Key revenue streams include: (1) OEM automotive glass sales to glob...
Fuyao Glass Industry Group Co., Ltd. Class H Financial Statement Overview
Summary
Strong top-line momentum and profitability support the score: revenue rose to 58.1B TTM with 51.4% TTM growth, and margins remain healthy (gross margin 37.9%, net margin 17.7% TTM). Offsetting this, net margin is below the 2025 level (20.3%), leverage remains meaningful (debt/equity 0.63x TTM), and cash conversion has weakened recently (FCF growth negative and FCF ~47% of net income).
Income Statement
86Very PositiveBalance Sheet
74PositiveCash Flow
68Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 58.06B | 44.73B | 39.25B | 33.16B | 28.10B | 23.60B |
| Gross Profit | 21.97B | 16.52B | 14.22B | 11.74B | 9.56B | 8.47B |
| EBITDA | 18.05B | 12.89B | 11.35B | 8.92B | 7.67B | 5.83B |
| Net Income | 10.44B | 9.07B | 7.50B | 5.63B | 4.76B | 3.15B |
Balance Sheet | ||||||
| Total Assets | 74.91B | 70.78B | 63.25B | 56.63B | 50.77B | 44.78B |
| Cash, Cash Equivalents and Short-Term Investments | 22.53B | 22.22B | 18.79B | 18.52B | 17.03B | 14.33B |
| Total Debt | 16.73B | 21.70B | 12.15B | 14.33B | 11.71B | 10.40B |
| Total Liabilities | 37.44B | 32.24B | 27.57B | 25.22B | 21.78B | 18.49B |
| Stockholders Equity | 37.47B | 37.58B | 35.69B | 31.43B | 29.00B | 26.31B |
Cash Flow | ||||||
| Free Cash Flow | 7.00B | 5.70B | 3.08B | 3.15B | 2.76B | 3.35B |
| Operating Cash Flow | 14.94B | 11.41B | 8.56B | 7.62B | 5.89B | 5.68B |
| Investing Cash Flow | -10.39B | -5.97B | 55.73M | -4.45B | -7.66B | -1.86B |
| Financing Cash Flow | 1.18B | -4.70B | -3.36B | -2.28B | -1.24B | 1.95B |
Fuyao Glass Industry Group Co., Ltd. Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3606, the sentiment is Negative. The current price of 50.90 is below the 20-day moving average (MA) of 53.50, below the 50-day MA of 54.10, and below the 200-day MA of 56.47, indicating a bearish trend. The MACD of -0.97 indicates Positive momentum. The RSI at 38.93 is Neutral, neither overbought nor oversold. The STOCH value of 24.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3606.
Fuyao Glass Industry Group Co., Ltd. Class H Peers Comparison
Overall Rating
HK:131676Outperform- HK:360667Neutral
HK:969067Neutral
HK:017966Neutral
HK:042566Neutral
HK:233948Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1316 | 76Outperform | HKD 10.32B | 10.54 | 5.82% | 3.47% | 5.98% | 13.92% |
| HK:3606 | 67Neutral | HKD 157.17B | 16.87 | 21.68% | 4.96% | 13.06% | -0.41% |
| HK:9690 | 67Neutral | HKD 8.73B | 25.59 | 6.10% | ― | 15.91% | -37.62% |
| HK:0179 | 66Neutral | HKD 12.25B | 7.90 | 7.18% | 4.60% | 0.22% | -23.29% |
| HK:0425 | 66Neutral | HKD 25.33B | 7.52 | 12.11% | 7.07% | 14.21% | 14.88% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:2339 | 48Neutral | HKD 5.19B | -86.64 | -5.52% | ― | -2.65% | 69.13% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:3606 | Fuyao Glass Industry Group Co., Ltd. Class H | 50.90 | -14.87 | -22.61% | |
| HK:0179 | Johnson Electric Holdings | 13.27 | -20.58 | -60.79% | |
| HK:0425 | Minth Group | 21.62 | -13.51 | -38.46% | |
| HK:2339 | BeijingWest Industries International | 4.02 | 3.23 | 408.86% | |
| HK:1316 | Nexteer Automotive Group | 4.11 | -2.55 | -38.33% | |
| HK:9690 | TUHU Car Inc. Class A | 11.54 | -6.24 | -35.10% |
Fuyao Glass Industry Group Co., Ltd. Class H Corporate Events
Fuyao Glass Strengthens Governance With New Joint Company Secretary
Fuyao Glass Industry Group has announced a change in its senior governance team, appointing Ms. Leung Kwan Wai as joint company secretary and authorized representative with effect from October 20, 2026, replacing Ms. Kwan Sau In, who resigned without...
Fuyao Glass Issues Unaudited Q3 2026 Report With Board Assurance
Fuyao Glass Industry Group Co., Ltd., a PRC-incorporated glass manufacturer listed in Hong Kong under stock code 3606, has released its third quarterly report for 2026 covering the nine months ended September 30. The report was prepared under PRC Acc...
Fuyao Glass Sets New Board Line-Up as Founding Family Retains Influence
Fuyao Glass Industry Group Co., Ltd., a major Chinese automotive and industrial glass manufacturer listed in Hong Kong, has proposed a new twelfth-session board slate as its current board term nears expiry in January 2027. The candidate list includes...
Fuyao Glass Sets October Board Meeting to Approve Nine-Month Results
Fuyao Glass Industry Group Co., Ltd. has scheduled a board meeting for October 20, 2026, in Fuzhou, Fujian, to review and approve the quarterly results for the nine months ended September 30, 2026. The meeting underscores the company’s regular...
Fuyao Glass Declares 2026 Interim Dividend for H Shareholders
Fuyao Glass Industry Group Co., Ltd. will distribute an interim dividend of RMB1.00 per share for the six months ended June 30, 2026 to holders of its H shares on record as of September 30, 2026. The payout, converted at an average benchmark rate to...
Fuyao Glass Declares 2026 Interim Dividend and Clarifies Tax Treatment for H-Share Investors
Fuyao Glass Industry Group has announced an interim ordinary dividend of RMB 1 per share for the first half of 2026, equivalent to HKD 1.155858 per share, following shareholder approval in April. The dividend will go ex-dividend on 22 September 2026,...
Fuyao Glass Targets Robust Interim Payout on Strong First‑Half Profit
Fuyao Glass Industry Group released its unaudited interim results for the six months to June 30, 2026, reporting net profit attributable to ordinary shareholders of about RMB3.97 billion under both PRC and IFRS standards. Management affirmed the accu...
Fuyao Glass Declares RMB 1 Interim Dividend for 2026 H Shares
Fuyao Glass Industry Group has announced an interim ordinary cash dividend for the first half of 2026 of RMB 1 per share for the financial year ending 31 December 2026, with payment to Hong Kong shareholders scheduled for 6 November 2026. Key dates f...
Fuyao Glass Sets August Board Meeting to Approve Interim Results
Fuyao Glass Industry Group has scheduled a board meeting for August 18, 2026, in Fuzhou, Fujian, to review and approve the interim results for the six months ended June 30, 2026. The announcement signals upcoming disclosure of the company’s mid...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 27, 2026