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Flat Glass Group Co
(6865)
Flat Glass Group Co (6865) vs. iShares MSCI Hong Kong ETF (EWH)
Flat Glass Group Co Business Overview & Revenue Model
Flat Glass Group Co Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.72B | 18.68B | 21.52B | 15.46B | 8.71B | 6.26B |
| Gross Profit | 1.26B | 2.82B | 4.69B | 3.41B | 3.09B | 2.66B |
| EBITDA | 2.31B | 3.77B | 5.48B | 3.80B | 2.89B | 2.36B |
| Net Income | -230.92M | 1.01B | 2.76B | 2.12B | 2.12B | 1.63B |
Balance Sheet | ||||||
| Total Assets | 43.20B | 42.92B | 42.98B | 32.38B | 20.08B | 12.27B |
| Cash, Cash Equivalents and Short-Term Investments | 4.95B | 5.96B | 6.85B | 2.98B | 3.04B | 1.99B |
| Total Debt | 14.79B | 15.04B | 14.99B | 12.81B | 5.19B | 3.11B |
| Total Liabilities | 21.25B | 21.14B | 20.69B | 18.35B | 8.27B | 5.03B |
| Stockholders Equity | 21.86B | 21.70B | 22.22B | 14.03B | 11.81B | 7.23B |
Cash Flow | ||||||
| Free Cash Flow | 1.55B | 1.03B | -3.65B | -7.89B | -3.19B | -248.96M |
| Operating Cash Flow | 5.57B | 5.91B | 1.97B | 176.90M | 579.73M | 1.70B |
| Investing Cash Flow | -4.32B | -5.55B | -5.83B | -7.87B | -3.56B | -2.37B |
| Financing Cash Flow | -1.66B | -1.35B | 7.00B | 7.85B | 3.95B | 1.37B |
Flat Glass Group Co Technical Analysis
Flat Glass Group Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | HK$158.10M | 2.33 | 11.61% | ― | 5.34% | 43.91% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | $43.66B | 74.40 | 1.54% | 4.63% | -18.50% | -83.76% | |
55 Neutral | HK$5.85B | -2.62 | -24.93% | ― | -35.74% | -1755.61% |
Flat Glass Group Co Corporate Events
Flat Glass Group Co., Ltd., a leading manufacturer in the glass industry, specializes in producing high-quality photovoltaic glass and other glass products, primarily serving the renewable energy sector. The company operates out of the People’s Republic of China and is listed on the Hong Kong Stock Exchange.
Flat Glass Group Co., Ltd. has established an Audit Committee to strengthen its board of directors’ decision-making and oversight capabilities. The committee, composed of non-executive directors, is tasked with reviewing financial disclosures, overseeing audit processes, and ensuring effective internal controls. This move is aimed at improving corporate governance and aligning with regulatory standards, potentially enhancing the company’s transparency and accountability to stakeholders.
The most recent analyst rating on (HK:6865) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
Flat Glass Group Co., Ltd has established a Remuneration Committee within its Board of Directors to enhance its governance structure by setting up a comprehensive remuneration and evaluation management system for its directors and senior management. This committee is tasked with formulating and reviewing remuneration policies and assessment standards, ensuring that the company’s leadership is incentivized and evaluated effectively, which could impact the company’s operational efficiency and stakeholder confidence.
The most recent analyst rating on (HK:6865) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
Flat Glass Group Co., Ltd. has established a Strategic Development Committee to strengthen its strategic planning and investment decision-making processes. This move aims to enhance the company’s governance structure and improve the quality of its significant investment decisions, thereby reinforcing its market position and operational efficiency.
The most recent analyst rating on (HK:6865) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
Flat Glass Group Co., Ltd. has established a Risk Control Committee within its Board of Directors to enhance its risk management capabilities. This committee is tasked with overseeing the company’s risk management and internal control systems, ensuring compliance with legal and regulatory requirements, and managing risks related to sanctions and anti-money laundering. The committee’s responsibilities include making recommendations to the Board, supervising legal risks, appointing professional firms for compliance reviews, and monitoring related transactions and competition.
The most recent analyst rating on (HK:6865) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
Flat Glass Group Co., Ltd. reported a significant increase in its financial performance for the third quarter of 2025, with a 20.95% rise in revenue compared to the same period last year. The company’s net profit attributable to equity owners surged by 284.87%, reflecting strong operational performance and market demand, positioning the company favorably within the industry.
The most recent analyst rating on (HK:6865) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
Flat Glass Group Co., Ltd. has announced proposed amendments to its Articles of Association and certain corporate governance rules. Key changes include the repurchase and cancellation of 40,000 restricted shares due to a participant’s employment termination, and the cancellation of the Supervisory Committee, with its functions being transferred to the Board’s audit committee. These amendments aim to align the company’s governance with legal and regulatory standards, enhance operational mechanisms, and safeguard shareholder interests without adversely impacting business operations.
The most recent analyst rating on (HK:6865) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
Flat Glass Group Co., Ltd. has announced a board meeting scheduled for October 27, 2025, to review and approve the unaudited third quarterly results for the period ending September 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and could impact its market positioning and stakeholder confidence.
The most recent analyst rating on (HK:6865) stock is a Buy with a HK$12.90 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
Flat Glass Group Co., Ltd., a leading manufacturer in the glass industry, specializes in producing PV glass, float glass, architectural glass, and household glass, with operations in China and Vietnam. The company’s interim financial results for the first half of 2025 reveal a challenging period, with a significant decline in revenue and net profit compared to the previous year. Operating revenue fell by 27.66% to RMB 7.74 billion, and net profit plummeted by 82.58% to RMB 261.09 million, primarily due to overcapacity and intense competition in the PV glass sector. Despite these challenges, the company managed to reduce operating costs and maintained a stable asset base. Looking ahead, Flat Glass Group plans to enhance operational efficiency and adjust production capacity in response to market conditions, aiming to sustain its industry leadership amidst evolving market dynamics.
Flat Glass Group Co., Ltd. has announced its unaudited consolidated interim results for the six months ending June 30, 2025. The interim report, which complies with the Stock Exchange of Hong Kong’s listing requirements, will be available on the company’s and the Stock Exchange’s websites. This publication is significant for stakeholders as it provides insights into the company’s financial performance and operational strategies for the first half of the year.
The most recent analyst rating on (HK:6865) stock is a Hold with a HK$9.40 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
Flat Glass Group Co., Ltd. has announced an upcoming board meeting scheduled for August 27, 2025, to review and approve the unaudited interim results for the first half of the year and to consider the recommendation of an interim dividend. This meeting is significant as it could impact the company’s financial strategy and shareholder returns, reflecting its operational performance and market positioning.
The most recent analyst rating on (HK:6865) stock is a Sell with a HK$7.50 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.