Risk factor
Negligible price volatility
Profitability factor
Very strong margins and returns
About
Fuyao Glass Industry Group Co., Ltd., along with its affiliated companies, specializes in providing comprehensive safety glass and automotive accessory solutions for a wide array of transportation vehicles, catering to both domestic Chinese and international markets. The company actively engages in the design, manufacturing, sale, and servicing of various products, including automotive-grade float glass, vehicle glass, locomotive glass, luggage carriers, and window trim components. Its advanced glass offerings feature innovations such as head-up display (HUD) compatible, semi-tempered laminated, acoustic, heated, water-repellent (hydrophobic), dimmable, antenna-integrated, heat-insulating, lightweight, and ambient lighting glasses. Furthermore, Fuyao supplies photovoltaic and panoramic sunroof systems, exterior decorative items, flush-fitting windows, and integrated glass assemblies like encapsulated glass and sliding window units. Established in 1987 with its corporate headquarters located in Fuqing, China, the company operated under the name Fujian Yaohua Glass Industry Group Co., Ltd. until it adopted its current designation in June 1992.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA,
Target Price
The average target price of 600660.SS is 70.8 and suggests 26.8% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to