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    6865   CNE100002375

FLAT GLASS GROUP CO., LTD.

(6865)
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Flat Glass Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021

08/09/2021 | 05:40am EST

Flat Glass Group Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 4,028.022 million compared to CNY 2,496.203 million a year ago. Operating income was CNY 1,443.269 million compared to CNY 562.329 million a year ago. Net income was CNY 1,261.029 million compared to CNY 460.806 million a year ago. Basic earnings per share from continuing operations was CNY 0.59 compared to CNY 0.24 a year ago.


ę S&P Capital IQ 2021
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Financials
Sales 2021 9 434 M 1 476 M 1 476 M
Net income 2021 2 248 M 352 M 352 M
Net Debt 2021 236 M 37,0 M 37,0 M
P/E ratio 2021 27,5x
Yield 2021 0,75%
Capitalization 90 426 M 14 145 M 14 146 M
EV / Sales 2021 9,61x
EV / Sales 2022 6,46x
Nbr of Employees 3 440
Free-Float 37,3%
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 17
Last Close Price 27,46 CNY
Average target price 35,75 CNY
Spread / Average Target 30,2%
EPS Revisions
Managers and Directors
Hong Liang Ruan Chairman, General Manager & Spokesman
Ze Yun Ruan Chief Financial Officer & Secretary
Wen Rong Zheng Chairman-Supervisory Board
Fu Lan Hua Independent Non-Executive Director
Yau Kuen Ng Independent Non-Executive Director
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