Annual ReportBasic Materials

Xinyi Glass Holdings Limited

0868.HK · Period ending 2025-12-31 · Filed 2025-12-31 · Updated

Financial statements are in CNY, the currency Xinyi Glass Holdings Limited reports in; the share price is quoted in HKD.

In short

Xinyi Glass Holdings Limited (0868.HK) has revenue down 6.7% to CNY 20.8B and net income down 19.0% to CNY 2.7B year on year. Its net margin is 13.1% and gross margin 31.1%, and it trades at 11.1× trailing earnings. Fisclear flags 1 high-severity risk, led by: Revenue has declined for two consecutive years — a sustained downtrend that may signal structural or competitive headwinds. How we calculate this

Valuation

Basic Materials
Live · Yahoo Finance

Price

HK$8.17

Market Cap

HK$36.1B

P/E (TTM)

11.2x

Price ÷ earnings per share

P/B

0.8x

Price ÷ book value

P/S (TTM)

1.8x

Price ÷ revenue per share

Beta

1.22

Moderate market correlation

PEG Ratio

1.2x

P/E ÷ earnings growth rate

52-Week Range

HK$7.78HK$8.17 nowHK$12.35

4-engine score — Quality and Peers engines require SEC EDGAR (US stocks only)

Efficiency
48/100
Value
79/100
Cashflow
57/100
Regime
50/100

P/E 11.2× — low multiple.

FCF yield 10.8% — 5.8pp above risk-free.

FCF yield 10.8% — strong cash generation.

⚠ Revenue declining 7% YoY.

Based on filing period ending Dec 2025

International FisclearScore uses 4 engines (no EDGAR data). Based on Yahoo Finance & Alpha Vantage reported financials. Not financial advice.

0868.HK vs

🇭🇰 Hong Kong Macro Indicators

Full dashboard →

CPI Inflation

1.44%→

Near target

GDP Growth

3.49%↑

Strong

USD/HKD

7.85→

Current Account

12.25% GDP↑

Surplus

CPI inflation is 1.4% year-over-year (inflation near target); GDP growth is 3.5% year-over-year (moderate growth); USD/HKD is at 7.8470.

SWOT Analysis — 0868.HK

Inflationary Boom
Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.
✦

Strengths

No standout strengths identified from the filing.

◈

Weaknesses

  • Net Income: CNY 2.7B (-19.0% YoY) — Profit fell 19% but remained positive.

  • EPS (Diluted): CNY 0.62 (-16.4% YoY) — Earnings per share fell 16%.

  • Gross Profit: CNY 6.5B (-10.4% YoY) — Gross profit declined 10% — costs are growing faster than revenue.

  • Revenue: CNY 20.8B (-6.7% YoY) — Revenue fell 7% — the company generated less from its core operations.

  • Operating Cash Flow: CNY 5.3B (-4.8% YoY) — Operating cash flow fell 5% but remained positive.

  • Price-to-book ratio of 0.83x — stock trades below book value, which may indicate market concerns about asset quality or profitability.

◎

Opportunities

No clear opportunities identified at this time.

⚠

Threats

  • Revenue has declined for two consecutive years — a sustained downtrend that may signal structural or competitive headwinds.

  • Revenue declined 7% year-over-year — the company brought in less from its core business than the prior year.

  • Stock is within 10% of its 52-week low (7.78) — the market may be pricing in significant risk or sector weakness.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Year-over-Year Changes

Net Income

CNY 2.7B

was CNY 3.4B

−19.0%

Profit fell 19% but remained positive.

EPS (Diluted)

CNY 0.62

was CNY 0.75

−16.4%

Earnings per share fell 16%.

Gross Profit

CNY 6.5B

was CNY 7.2B

−10.4%

Gross profit declined 10% — costs are growing faster than revenue.

Revenue

CNY 20.8B

was CNY 22.3B

−6.7%

Revenue fell 7% — the company generated less from its core operations.

Operating Cash Flow

CNY 5.3B

was CNY 5.6B

−4.8%

Operating cash flow fell 5% but remained positive.

Risk Flags

1 high · 2 medium · 1 low
  • ⚠ High

    Revenue has declined for two consecutive years — a sustained downtrend that may signal structural or competitive headwinds.

  • ◈ Medium

    Revenue declined 7% year-over-year — the company brought in less from its core business than the prior year.

  • ◈ Medium

    Stock is within 10% of its 52-week low (7.78) — the market may be pricing in significant risk or sector weakness.

  • ○ Low

    Price-to-book ratio of 0.83x — stock trades below book value, which may indicate market concerns about asset quality or profitability.

Price HistoryHKD

Technical Signals

Daily closes · 1-year data

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External Links

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Data sourced from HKEX, FRED (Federal Reserve), OECD, BIS, and Yahoo Finance. For informational purposes only. Not financial advice.