Flat Glass Group (601865) Stock Price, Fundamentals & Analysis

What 601865 does

Flat Glass Group (601865) is a glass manufacturer listed on the Shanghai Stock Exchange stocks. The company operates through several segments, including PV Glass, Household Glass, Architectural Glass, Float Glass, Mining Products, Electricity Generation Revenue, and Other Business. It is also involved in mining quartzite ores, operating energy power plants, selling and installing natural gas pipelines, and providing supply chain management and port services. In addition, the company develops and sells energy technologies and equipment, manufactures photovoltaic glass, and constructs solar photovoltaic power stations.

Key numbers explained

• The current price is 9.27 CNY, down 1.17% today.
• The trailing P/E ratio of 54.5 compares the price to the last 12 months of earnings per share of 0.17 CNY.
• The forward P/E ratio of 16.1 uses expected future earnings, often seen as a more forward-looking valuation measure.
• The dividend yield is 1.62%, with an ex-dividend date of 18 Jun 2026; 88% of earnings are paid out as dividends.
• The beta of 1.53 suggests the stock tends to move more than the overall market.
• The 52-week range is 8.95 – 20.26, and the price is down 45.6% over the past year.
• The debt-to-equity ratio of 65.7% indicates the level of debt relative to shareholders' equity.
• The price-to-book ratio of 0.99 compares the market price to the company's book value per share.

What to watch

• The company operates in the solar and technology sectors, where policy support, raw material costs, and global demand for photovoltaic products can drive volatility.
• As a large-cap stock with a market capitalisation of 21.48B CNY, it is part of broad indices such as the CSI 300, which can affect its liquidity and institutional interest.
• Investors often compare it with peers like Will Semiconductor (603501), GigaDevice (603986), HANGZHOU FIRST PV MATERIAL (603806), Tongwei Company (600438), Baosight Software (600845), Trina Solar (688599), and Cambricon Technologies (688256) to understand sector trends.