6865:HKEXFlat Glass Group Co., Ltd. Class H Analysis
Data as of 2026-03-17 - not real-time
HK$9.80
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
Flat Glass Group is trading just above a clear support level, with the twenty‑day SMA sitting slightly below the fifty‑day SMA, indicating a neutral price trend. The RSI is below forty, suggesting modest downside pressure, while the MACD remains bearish, reinforcing short‑term caution.
On the fundamentals side, revenue is growing at a healthy pace and the forward price‑to‑earnings ratio sits well below the industry average, pointing to a relative value opportunity. However, the dividend payout ratio exceeds three hundred percent, raising concerns about sustainability despite an appealing dividend yield. High thirty‑day price volatility combined with a low beta underscores a stock that can swing sharply yet is less correlated with broader market moves.
On the fundamentals side, revenue is growing at a healthy pace and the forward price‑to‑earnings ratio sits well below the industry average, pointing to a relative value opportunity. However, the dividend payout ratio exceeds three hundred percent, raising concerns about sustainability despite an appealing dividend yield. High thirty‑day price volatility combined with a low beta underscores a stock that can swing sharply yet is less correlated with broader market moves.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 6/10
Key Factors
- price near technical support
- bearish MACD signal
- elevated short‑term volatility
Medium Term
1–3 yearsPositive
Model confidence: 7/10
Key Factors
- revenue growth outpacing peers
- forward PE well below industry average
- price‑to‑book below one indicating potential upside
Long Term
> 3 yearsPositive
Model confidence: 8/10
Key Factors
- strategic position in solar PV glass market
- stable cash generation and low leverage relative to assets
- long‑term dividend yield attractiveness if payout becomes sustainable
Key Metrics & Analysis
Financial Health
Revenue Growth20.90%
Profit Margin2.11%
P/E Ratio14.1
ROE1.63%
ROA1.58%
Debt/Equity63.38
P/B Ratio0.9
Op. Cash FlowHK$5.2B
Free Cash FlowHK$464.6M
Industry P/E34.3
Technical Analysis
TrendNeutral
RSI39.1
SupportHK$9.16
ResistanceHK$12.09
MA 20HK$10.47
MA 50HK$10.64
MA 200HK$10.53
MACDBearish
VolumeStable
Fear & Greed Index80.38
Valuation
Fair ValueHK$1.43
Target PriceHK$12.68
Upside/Downside29.40%
GradeFair
TypeValue
Dividend Yield2.39%
Risk Assessment
Beta0.24
Volatility47.39%
Sector RiskMedium
Reg. RiskMedium
Geo RiskMedium
Currency RiskMedium
Liquidity RiskLow
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.