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Flat Glass Group Co Ltd
SSE:601865

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Flat Glass Group Co Ltd
SSE:601865
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Price: 13.52 CNY -1.82%
Market Cap: ¥31.7B

P/E

34.7
Current
15%
More Expensive
vs 3-y average of 30.2

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
34.7
=
Market Cap
¥32.3B
/
Net Income
¥912.6m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
34.7
=
Market Cap
¥32.3B
/
Net Income
¥912.6m

Valuation Scenarios

Flat Glass Group Co Ltd is trading above its 3-year average

If P/E returns to its 3-Year Average (30.2), the stock would be worth ¥11.78 (13% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-15%
Maximum Upside
+183%
Average Upside
36%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 34.7 ¥13.52
0%
3-Year Average 30.2 ¥11.78
-13%
5-Year Average 30.2 ¥11.78
-13%
Industry Average 98.1 ¥38.21
+183%
Country Average 29.6 ¥11.54
-15%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
¥32.3B
/
Apr 2026
¥912.6m
=
34.7
Current
¥32.3B
/
Dec 2026
¥861.8m
=
37.4
Forward
¥32.3B
/
Dec 2027
¥1.5B
=
21.7
Forward
¥32.3B
/
Dec 2028
¥2.3B
=
13.8
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

Market Distribution

In line with most companies in China
Percentile
55th
Based on 5 557 companies
55th percentile
34.7
Low
0 — 17.1
Typical Range
17.1 — 57.7
High
57.7 —
Distribution Statistics
China
Min 0
30th Percentile 17.1
Median 29.6
70th Percentile 57.7
Max 43 569.3

Flat Glass Group Co Ltd
Glance View

Market Cap
31.7B CNY
Industry
Semiconductors

Flat Glass Group Co Ltd., a formidable presence in the global glass manufacturing industry, traces its roots to the vibrant industrial landscape of China. Emerging as a pivotal player, the company deftly navigates the intricacies of the glass market by leveraging advanced technologies and economies of scale. Specializing in the production of high-quality flat glass, the company caters to a diverse array of sectors, including architecture, automotive, and solar energy. Through a well-integrated operation that spans from raw material processing to finished goods, Flat Glass Group ensures not only quality but also a streamlined supply chain, which significantly boosts its competitive edge. Central to the company's business model is its commitment to innovation and sustainability, particularly evident in its solar glass segment. As the world gravitates towards renewable energy, Flat Glass has positioned itself strategically to capture burgeoning demand by producing solar glass that's essential for photovoltaic panels. This segment offers robust margins, primarily because of the rising global appetite for clean energy solutions. By aligning its growth trajectory with global sustainability trends, the firm has not only reinforced its market position but also ensured a steady stream of revenue in an industry poised for exponential expansion. Through continuous investments in research and development, as well as strategic partnerships and expansions, Flat Glass Group adeptly sustains its profitability and relevance in a rapidly evolving market.

Intrinsic Value
12.86 CNY
Overvaluation 5%
Intrinsic Value
Price ¥13.52
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