Thanks to a better fundamental star rating, FLAT GLASS sees an upgrade to Neutral
The independent financial analyst theScreener just awarded an improved star rating to FLAT GLASS (CN), active in the Renewable Energy Equipment industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date March 1, 2022, the closing price was HKD 33.00 and its expected value was estimated at HKD 32.11.Flat Glass Group Co., Ltd. is a China-based company principally engaged in the manufacture and sales of glass products. The Company operates through five segments. Photovoltaic Glass segment is engaged in the manufacture and sales of ultra-clear patterned photovoltaic glass and back glass. Household Glass segment is engaged in the manufacture and sales of laminated glass, enamel painted glass, silver mirrors, tempered glass and tempered printed glass. Architectural Glass segment is engaged in the manufacture and sales of architectural glass. Float Glass segment is engaged in the manufacture and sales of float glass. Mining Products segment is engaged in the mining, processing and refining of quartzite ores. It owns the mining rights of a quartzite mine in the Lingshan-Mujishan mining zone, Chuzhou City, Anhui Province.
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