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601865.SS

SELL

Flat Glass Group Co., Ltd. · Technology · China · $3.5B · Avg Vol: $29M/d

33
StockRank
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Q
35
V
62
M
27
P/E (TTM)
21.2x
ROE
4.2%
D/E
0.6x
Dividend %
1.6%

COMPANY DESCRIPTION

Flat Glass Group Co., Ltd. is a global leader in the manufacture of photovoltaic (PV) glass, alongside float, architectural, and household glass products. The company holds a dominant market position, forming a global duopoly in the PV glass industry, which gives it significant pricing power and economies of scale. Its continuous expansion of production capacity and advanced thin-glass technologies position it to capture growing global demand for solar energy.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue2.3B3.2B2.8B2.3B0.2%2.2B2.2B2.8B9.6%
EPS0.150.180.060.06-24.9%0.06
Shares2.1B2.4B2.3B2.3B+8.5%1.9B
Debt1.9B2.2B2.3B2.1B4.4%2.2B
Equity2.1B3.3B3.2B3.3B17.1%
Op CF85.4M26.1M289.7M870.9M428.8M49.7%448.4M
Inv CF-1.2B-858.0M-817.6M-430.6M
Fin CF1.2B1.0B-198.1M-110.3M
Loading 1Y...
PRICE (1Y)-6.5%
1.341.401.471.531.60Jun 18Jul 10Jul 30
SMA 50SMA 200
Close
$1.47
RSI (14)
55.1
52W High
$2.94
From 52W High
0.5%

SCORE BREAKDOWN

Quality
35
ROIC
4.6%42.6
ROE
4.2%40.6
GP/Assets
6.2%12.7
Op. Margin
7.0%52.8
FCF/Assets
0.3%34.5
Piotroski
659.2
Int. Cover
3.1x32.3
D/E Ratio
0.65x22.3
Current Ratio
1.47x30.3
Value
62
P/E (TTM)
21.2x65.2
EV/EBITDA
7.7x81.1
P/FCF
182.4x12.4
P/B
0.8x91.5
P/S
1.4x70.0
Div Yield
1.6%52.9
Momentum
27
52W High %
50%33.5
RS 6M
-34%25.3
SMA 50/200
0.72x5.3
EPS Rev 4W
-0.3%46.0
EPS Rev 12W
N/A
EPS Improve
+61%40.3
Q Growth
-64%8.1

FUNDAMENTALS

Market Cap
$3.5B
P/E (Forward)
13.2x
Gross Margin
17.2%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 601865.SS are excluded.

TickerCompanyMkt CapStockRankSignal
601865.SSFlat Glass Group Co., Ltd.(you)$3.5B33SELL
688503.SSChangzhou Fusion New Material Co., Ltd.$3.4B36HOLD
600732.SSShanghai Aiko Solar Energy Co.,Ltd.$4.0B26SELL
688717.SSSolaX Power Network Technology (Zhejiang) Co., Ltd.$1.9B35HOLD
688599.SSTrina Solar Co., Ltd.$4.7B25SELL
3800.HKGCL Technology Holdings Limited$2.8B22SELL
688472.SSCSI Solar Co., Ltd.$5.7B42HOLD
002506.SZGCL System Integration Technology Co., Ltd.$2.6B17STRONG SELL
002459.SZJA Solar Technology Co., Ltd.$3.9B12STRONG SELL
688223.SSJinko Solar Co., Ltd.$7.1B23SELL

Peer medians: ROE 3.5% · P/E 68.7x · Gross margin 25.9%

Flat Glass Group Co., Ltd. (601865.SS) — Stock Score Summary

Flat Glass Group Co., Ltd. (601865.SS) has a MoatMap StockRank of 33/100 based on Quality (35/100), Value (62/100), and Momentum (27/100) factor scores. The current signal is SELL.

Flat Glass Group Co., Ltd. is a global leader in the manufacture of photovoltaic (PV) glass, alongside float, architectural, and household glass products. The company holds a dominant market position, forming a global duopoly in the PV glass industry, which gives it significant pricing power and economies of scale. Its continuous expansion of production capacity and advanced thin-glass technologies position it to capture growing global demand for solar energy.

Key Financial Metrics

Price$1.47
Market Cap$3.5B
P/E (TTM)21.20
P/E (Forward)13.19
Price/Book0.79
Return on Equity4.2%
Return on Invested Capital4.6%
Debt/Equity0.65x
Gross Margin17.2%
Operating Margin7.0%
Revenue Growth-9.9%
Dividend Yield1.6%
Free Cash Flow$19M

Flat Glass Group Co., Ltd. operates in the Solar industry, part of the Technology sector (China).

Frequently Asked Questions

What is Flat Glass Group Co., Ltd.’s (601865.SS) StockRank?
MoatMap’s StockRank for Flat Glass Group Co., Ltd. (601865.SS) is 33/100, with a Sell signal. It is a composite of Quality (35), Value (62), and Momentum (27) factor ranks across MoatMap’s 20,000+ stock universe.
Does Flat Glass Group Co., Ltd. have an economic moat?
Flat Glass Group Co., Ltd. (601865.SS) has a Quality factor score of 35/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Flat Glass Group Co., Ltd. a buy, hold, or sell?
MoatMap’s current signal for Flat Glass Group Co., Ltd. (601865.SS) is Sell, based on a StockRank of 33/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Flat Glass Group Co., Ltd. in?
Flat Glass Group Co., Ltd. (601865.SS) operates in the Technology sector, specifically the Solar industry (China).