Company Flat Glass Group Co., Ltd.

Equities

6865

CNE100002375

Renewable Energy Equipment & Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

Ratings for Flat Glass Group Co., Ltd.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Photovoltaic Solar Systems & Equipment

Market Closed - Hong Kong S.E. Other stock markets 01:38:20 26/04/2024 pm IST			5-day change	1st Jan Change
18.12 ^HKD	+2.49%		+9.42%	+37.48%

03/04	Tranche Update on Flat Glass Group Co., Ltd.'s Equity Buyback Plan announced on February 23, 2024.	CI
27/03	Jefferies Adjusts Flat Glass Group’s Price Target to 34.41 Yuan From 30.10 Yuan, Keeps at Buy	MT

Flat Glass Group CO., LTD. is a China-based company principally involved in the research, development, manufacturing and sales of glass products. The Company's main products include photovoltaic glass, float glass, engineering glass and home glass. In addition, the Company is also engaged in the mining and sales of glass quartz mine and engineering procurement construction (EPC) photovoltaic power plant construction businesses. The Company distributes its products within domestic market and to foreign markets.

Number of employees: 8,240

HKD in Million	2022	Weight	2023	Weight	Delta
Photovoltaic Glass 91.4 %	15,910	88.5 %	21,743	91.4 %	+36.66%
Architectural Glass 2.7 %	693	3.9 %	644	2.7 %	-7.03%
Mining Products 2.0 %	511	2.8 %	481	2.0 %	-5.85%
Float Glass 1.6 %	390	2.2 %	378	1.6 %	-2.93%
Household Glass 1.5 %	407	2.3 %	363	1.5 %	-10.82%
Other 0.7 %	69	0.4 %	175	0.7 %	+154.58%

HKD in Million	2022	Weight	2023	Weight	Delta
China 79.9 %	14,054	78.2 %	19,006	79.9 %	+35.23%
Asia (excluding China) 17.4 %	3,368	18.7 %	4,133	17.4 %	+22.72%
North America 1.6 %	290	1.6 %	371	1.6 %	+27.84%
Europe 1.1 %	244	1.4 %	253	1.1 %	+3.97%
Others 0.1 %	23	0.1 %	19	0.1 %	-14.39%

Managers	Title	Age	Since
Ye Zhong Wei FOU	Founder	52	01/98/01
Hong Liang Ruan CEO	Chief Executive Officer	-	01/98/01
Wei Jie Jiang DFI	Director of Finance/CFO	61	-
Jin Hua Jiang BRD	Director/Board Member	62	01/00/01
Ze Yun Ruan BRD	Director/Board Member	38	01/10/01
Yu Gan Wu IRC	Investor Relations Contact	38	22/19/22

Members of the board	Title	Age	Since
Hong Liang Ruan CEO	Chief Executive Officer	-	01/98/01
Ze Yun Ruan BRD	Director/Board Member	38	01/10/01
Jin Hua Jiang BRD	Director/Board Member	62	01/00/01
Ye Zhong Wei FOU	Founder	52	01/98/01
Qi Fu Shen BRD	Director/Board Member	57	01/99/01
Wen Rong Zheng FOU	Founder	60	01/98/01
Fu Quan Shen FOU	Founder	65	01/98/01
Quan Ming Zhu FOU	Founder	71	01/98/01
Fu Lan Hua BRD	Director/Board Member	-	-
Huizhen Zhang BRD	Director/Board Member	50	01/06/01

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,903,584,281	623,458,681 ( 32.75 %)	2,260,000 ( 0.1187 %)	44.48 %
Stock B	1	450,000,000	423,331,000 ( 94.07 %)	0

Name	Equities	%	Valuation
Pacific Asset Management Co., Ltd. 7.006 %	31,525,000	7.006 %	77 M $
Shanghai Greenwoods Asset Management Ltd. 6.009 %	27,042,000	6.009 %	66 M $
Public Investment Fund (Investment Company) 4.673 %	21,029,000	4.673 %	51 M $
Fidelity Management & Research Co. LLC 3.761 %	16,925,088	3.761 %	41 M $
JPMorgan Asset Management (Asia Pacific) Ltd. 3.713 %	16,708,000	3.713 %	41 M $
Schroder Investment Management Ltd. 3.632 %	16,345,000	3.632 %	40 M $
UBS Asset Management Switzerland AG 3.623 %	16,303,853	3.623 %	40 M $
Merrill Lynch International (Investment Management) 3.490 %	15,706,716	3.490 %	38 M $
BlackRock Fund Advisors 2.960 %	13,319,000	2.960 %	32 M $
BlackRock Advisors (UK) Ltd. 2.595 %	11,679,000	2.595 %	28 M $

Name	Equities	%	Valuation
Hong Liang Ruan 22.54 %	381,913,919	22.54 %	1 505 M $
Ze Yun Ruan 20.68 %	350,532,000	20.68 %	1 382 M $
Jin Hua Jiang 19.12 %	324,081,600	19.12 %	1 278 M $
GF Fund Management Co., Ltd. 6.177 %	104,674,236	6.177 %	413 M $
Wen Rong Zheng 2.762 %	46,801,800	2.762 %	184 M $
Fu Quan Shen 1.841 %	31,201,200	1.841 %	123 M $
Quan Ming Zhu 1.841 %	31,201,200	1.841 %	123 M $
Ye Zhong Wei 0.9206 %	15,600,600	0.9206 %	61 M $
Hong Qiang Tao 0.8384 %	14,208,000	0.8384 %	56 M $
Qi Fu Shen 0.6137 %	10,400,400	0.6137 %	41 M $

Flat Glass Group Co., Ltd.

1999, Yunhe Road Xiuzhou Industrial Zone

314001, Jiaxing

+86 573 8279 3999

http://www.flatgroup.com.cn

address Flat Glass Group Co., Ltd.(6865)

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

16.77 CNY

Average target price

21.82 CNY

Spread / Average Target

+30.07%

Consensus

Estimates Revisions

Company calendar

Renewable Energy

Renewable Energy

Renewable Energy Equipment & Services

Photovoltaic Solar Systems & Equipment

	1st Jan change	Capi.
FLAT GLASS GROUP CO., LTD.	+37.48%	7.64B
LONGI GREEN ENERGY TECHNOLOGY CO., LTD.	-18.69%	19.47B
FIRST SOLAR, INC.	+3.74%	19.13B
ENPHASE ENERGY, INC.	-15.29%	15.23B
TONGWEI CO.,LTD	-13.38%	13.47B
JINKO SOLAR CO., LTD.	-13.32%	10.6B
XINJIANG DAQO NEW ENERGY CO.,LTD.	-16.81%	7.26B
JA SOLAR TECHNOLOGY CO., LTD.	-30.07%	6.63B
XINYI SOLAR HOLDINGS LIMITED	+16.23%	6.03B
NEXTRACKER INC.	-6.60%	5.98B

Photovoltaic Solar Systems & Equipment