FUYAO GLASS INDUSTRY GROUP CO., LTD. Financials Fuyao Glass Industry Group Co., Ltd. Hong Kong S.E.
Equities
3606
CNE100001TR7
Auto, Truck & Motorcycle Parts
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 44.9 HKD | -0.88% |
|
+1.70% | +18.16% |
| May. 20 | Fuyao Glass Issues 300 Million Yuan Ultra-Short-Term Bonds | MT |
| Apr. 26 | Fuyao Glass Industry Logs 52% Boost in Q1 Profit; Hong Kong, China Shares Soar Over 10% | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 58,832 | 114,381 | 114,341 | 87,822 | 95,821 | 120,314 | - | - |
| Enterprise Value (EV) 1 | 61,284 | 115,191 | 111,291 | 88,661 | 97,065 | 117,764 | 115,967 | 110,264 |
| P/E ratio | 20.7 x | 46.2 x | 38.3 x | 19.3 x | 17.3 x | 18.4 x | 16.1 x | 13.4 x |
| Yield | 3.13% | 1.56% | 2.12% | 3.56% | 3.48% | 3.21% | 3.81% | 4.36% |
| Capitalization / Revenue | 2.79 x | 5.75 x | 4.84 x | 3.13 x | 2.89 x | 3.05 x | 2.69 x | 2.24 x |
| EV / Revenue | 2.9 x | 5.79 x | 4.72 x | 3.16 x | 2.93 x | 2.99 x | 2.6 x | 2.05 x |
| EV / EBITDA | 11.3 x | 21.4 x | 17.7 x | 11.2 x | 11.1 x | 11.4 x | 9.59 x | 8.2 x |
| EV / FCF | 25.7 x | 32.6 x | 35.2 x | 35.7 x | 31.9 x | -69.1 x | 27.3 x | 18.8 x |
| FCF Yield | 3.9% | 3.07% | 2.84% | 2.8% | 3.13% | -1.45% | 3.66% | 5.33% |
| Price to Book | 2.82 x | 5.58 x | 4.6 x | 3.16 x | 3.1 x | 3.57 x | 3.1 x | 2.64 x |
| Nbr of stocks (in thousands) | 2,508,618 | 2,508,618 | 2,609,744 | 2,609,744 | 2,609,744 | 2,609,744 | - | - |
| Reference price 2 | 23.99 | 48.05 | 47.14 | 35.07 | 37.39 | 47.45 | 47.45 | 47.45 |
| Announcement Date | 3/27/20 | 3/29/21 | 3/17/22 | 3/16/23 | 3/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 21,104 | 19,907 | 23,603 | 28,099 | 33,161 | 39,416 | 44,650 | 53,729 |
| EBITDA 1 | 5,439 | 5,390 | 6,278 | 7,884 | 8,761 | 10,356 | 12,087 | 13,442 |
| EBIT 1 | 3,216 | 3,267 | 4,149 | 5,661 | 6,379 | 7,808 | 9,142 | 10,914 |
| Operating Margin | 15.24% | 16.41% | 17.58% | 20.15% | 19.24% | 19.81% | 20.48% | 20.31% |
| Earnings before Tax (EBT) 1 | 3,231 | 3,110 | 3,818 | 5,579 | 6,715 | 7,957 | 9,141 | 11,288 |
| Net income 1 | 2,898 | 2,601 | 3,146 | 4,756 | 5,629 | 6,694 | 7,688 | 9,435 |
| Net margin | 13.73% | 13.06% | 13.33% | 16.92% | 16.97% | 16.98% | 17.22% | 17.56% |
| EPS 2 | 1.160 | 1.040 | 1.230 | 1.820 | 2.160 | 2.583 | 2.951 | 3.533 |
| Free Cash Flow 1 | 2,388 | 3,538 | 3,162 | 2,487 | 3,040 | -1,703 | 4,244 | 5,877 |
| FCF margin | 11.32% | 17.78% | 13.4% | 8.85% | 9.17% | -4.32% | 9.5% | 10.94% |
| FCF Conversion (EBITDA) | 43.91% | 65.65% | 50.37% | 31.54% | 34.7% | - | 35.11% | 43.72% |
| FCF Conversion (Net income) | 82.41% | 136.06% | 100.52% | 52.29% | 54% | - | 55.21% | 62.29% |
| Dividend per Share 2 | 0.7500 | 0.7500 | 1.000 | 1.250 | 1.300 | 1.524 | 1.809 | 2.070 |
| Announcement Date | 3/27/20 | 3/29/21 | 3/17/22 | 3/16/23 | 3/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S2 | 2020 S1 | 2020 S2 | 2021 S1 | 2021 Q4 | 2021 S2 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 10,817 | 8,121 | 11,785 | 11,543 | 6,450 | 12,060 | 6,548 | 6,356 | 12,904 | 7,536 | 7,659 | 15,195 | 7,052 | 7,979 | 15,031 | 8,795 | 9,335 | 18,130 | 8,836 | 9,666 | 18,435 | 10,408 | 11,230 | 21,563 | 9,750 | 11,031 |
| EBITDA 1 | - | 1,937 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,569 | - | 2,672 | 2,980 | - | - | - |
| EBIT 1 | 1,552 | 869.6 | - | - | 983.1 | 1,932 | 1,075 | 1,648 | 2,134 | 1,900 | 1,073 | 2,895 | 1,155 | 2,056 | 3,178 | 1,590 | 1,437 | 3,201 | 1,706 | 1,887 | 3,512 | 2,021 | 2,210 | 4,099 | - | - |
| Operating Margin | 14.35% | 10.71% | - | - | 15.24% | 16.02% | 16.41% | 25.94% | 16.54% | 25.21% | 14.01% | 19.05% | 16.38% | 25.77% | 21.14% | 18.07% | 15.39% | 17.66% | 19.3% | 19.53% | 19.05% | 19.42% | 19.68% | 19.01% | - | - |
| Earnings before Tax (EBT) 1 | 1,477 | 1,168 | - | - | 750.3 | - | - | 1,603 | - | 1,908 | 1,002 | - | 1,114 | 2,206 | - | 1,575 | 1,821 | - | 1,695 | 1,982 | - | 2,062 | 2,300 | - | - | - |
| Net income 1 | 1,393 | 963.7 | 1,637 | 1,769 | 550.3 | 1,377 | - | 1,510 | 2,382 | 1,519 | 854.8 | - | 914.5 | 1,921 | 2,836 | 1,290 | 1,503 | - | 1,388 | 1,665 | - | 1,732 | 1,932 | - | - | - |
| Net margin | 12.87% | 11.87% | 13.89% | 15.33% | 8.53% | 11.42% | - | 23.76% | 18.46% | 20.15% | 11.16% | - | 12.97% | 24.08% | 18.87% | 14.66% | 16.1% | - | 15.71% | 17.23% | - | 16.64% | 17.2% | - | - | - |
| EPS 2 | - | - | - | - | 0.2100 | - | 0.3300 | 0.5800 | - | 0.5800 | 0.3300 | - | 0.3500 | 0.7400 | - | 0.4900 | 0.5800 | - | 0.5300 | 0.6340 | - | 0.6818 | 0.7301 | - | - | - |
| Dividend per Share 2 | - | - | - | - | 1.000 | - | - | - | - | - | - | - | - | - | - | - | 1.300 | - | - | - | - | - | 1.531 | - | - | - |
| Announcement Date | 3/27/20 | 8/21/20 | 3/29/21 | 8/5/21 | 3/17/22 | 3/17/22 | 4/14/22 | 8/30/22 | 8/30/22 | 10/20/22 | 3/16/23 | 3/16/23 | 4/27/23 | 8/17/23 | 8/17/23 | 10/16/23 | 3/15/24 | 3/15/24 | 4/25/24 | - | - | - | - | - | - | - |
1CNY in Million2CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,452 | 810 | - | 839 | 1,244 | - | - | - |
| Net Cash position 1 | - | - | 3,050 | - | - | 2,550 | 4,347 | 10,050 |
| Leverage (Debt/EBITDA) | 0.4509 x | 0.1503 x | - | 0.1064 x | 0.142 x | - | - | - |
| Free Cash Flow 1 | 2,388 | 3,538 | 3,162 | 2,487 | 3,040 | -1,703 | 4,244 | 5,877 |
| ROE (net income / shareholders' equity) | 14.1% | 12.1% | 12% | 16.4% | 17.9% | 19.5% | 19.8% | 20.6% |
| ROA (Net income/ Total Assets) | 7.91% | 6.73% | 7.02% | 9.36% | 9.94% | 11.1% | 11.4% | 11.8% |
| Assets 1 | 36,649 | 38,627 | 44,810 | 50,808 | 56,627 | 60,418 | 67,318 | 80,120 |
| Book Value Per Share 2 | 8.520 | 8.610 | 10.20 | 11.10 | 12.00 | 13.30 | 15.30 | 18.00 |
| Cash Flow per Share 2 | 2.040 | 2.100 | 2.140 | 2.260 | 2.920 | 2.680 | 3.620 | 3.930 |
| Capex 1 | 2,739 | 1,739 | 2,329 | 3,104 | 4,440 | 7,520 | 5,178 | 3,919 |
| Capex / Sales | 12.98% | 8.74% | 9.87% | 11.05% | 13.39% | 19.08% | 11.6% | 7.29% |
| Announcement Date | 3/27/20 | 3/29/21 | 3/17/22 | 3/16/23 | 3/15/24 | - | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
22
Last Close Price
47.45
CNY
Average target price
56.12
CNY
Spread / Average Target
+18.28%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +16.31% | 45.99B | |
| -9.25% | 22.15B | |
| +13.80% | 18.54B | |
| -5.91% | 14.57B | |
| -20.64% | 13.2B | |
| +43.58% | 12.84B | |
| +53.58% | 12.71B | |
| -23.12% | 12.57B | |
| +37.83% | 10.8B |
- Stock Market
- Equities
- 600660 Stock
- 3606 Stock
- Financials Fuyao Glass Industry Group Co., Ltd.
