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Complete financial analysis of Xinyi Glass Holdings Limited (XYIGF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Xinyi Glass Holdings Limited, a leading company in the Construction Materials industry within the Basic Materials sector.
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Xinyi Glass Holdings Limited (XYIGF)
About Xinyi Glass Holdings Limited
Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass. In addition, the company offers logistic and related services; supply chain services; operates a wind farm for electricity generation; and manufactures automatic machines for solar glass factory and other glass related industries, as well as holds properties and car parks. The company serves automobile glass manufacturing; wholesale and distribution; automobile repair; motor vehicle manufacturing; curtain wall engineering and installing; architectural and furniture glass manufacturing; electronic and household appliances manufacturing; and float glass wholesale and distribution companies. It sells its products in approximately 140 countries and territories, including the People's Republic of China, Hong Kong, the United States, Canada, Australia, and New Zealand, as well as countries in Asia, the Middle East, Europe, Africa, and the Americas. The company was founded in 1988 and is headquartered in Kwun Tong, Hong Kong.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 26.80B | 25.75B | 30.46B | 18.62B | 16.26B | 16.01B | 14.73B | 12.85B | 11.46B | 10.86B | 9.94B | 9.79B | 8.23B | 6.36B | 3.96B | 3.89B | 2.77B | 1.93B | 1.38B | 1.03B |
Cost of Revenue | 18.19B | 17.06B | 14.68B | 10.84B | 10.38B | 10.14B | 9.28B | 8.19B | 8.33B | 8.13B | 6.80B | 7.31B | 5.87B | 3.81B | 2.50B | 2.68B | 1.70B | 1.23B | 901.75M | 654.78M |
Gross Profit | 8.61B | 8.69B | 15.78B | 7.77B | 5.88B | 5.88B | 5.44B | 4.66B | 3.13B | 2.73B | 3.14B | 2.48B | 2.35B | 2.56B | 1.46B | 1.21B | 1.07B | 700.19M | 479.03M | 373.55M |
Gross Profit Ratio | 32.14% | 33.74% | 51.80% | 41.75% | 36.19% | 36.69% | 36.97% | 36.26% | 27.34% | 25.17% | 31.57% | 25.29% | 28.61% | 40.15% | 36.94% | 31.09% | 38.65% | 36.22% | 34.69% | 36.33% |
Research & Development | 725.25M | 886.97M | 856.67M | 713.01M | 691.33M | 657.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 2.26B | 2.39B | 2.45B | 1.80B | 1.69B | 1.63B | 1.37B | 1.20B | 935.01M | 1.03B | 772.44M | 707.20M | 542.28M | 405.90M | 323.32M | 209.21M | 421.52M | 321.89M | 71.92M | 56.53M |
Selling & Marketing | 1.31B | 1.81B | 1.56B | 958.66M | 939.68M | 772.27M | 675.20M | 620.02M | 679.53M | 607.90M | 478.43M | 489.38M | 422.99M | 365.19M | 268.17M | 318.23M | 286.45M | 0.00 | 147.53M | 90.75M |
SG&A | 3.57B | 4.20B | 4.01B | 2.76B | 2.63B | 2.41B | 2.05B | 1.82B | 1.61B | 1.64B | 1.25B | 1.20B | 965.26M | 771.08M | 591.49M | 527.43M | 421.52M | 321.89M | 219.45M | 147.28M |
Other Expenses | -1.33B | 119.76M | 110.19M | 37.19M | 49.80M | 46.03M | 36.25M | 14.25M | 24.23M | 13.21M | 8.63M | 15.07M | 13.65M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 984.00K | 1.11M |
Operating Expenses | 2.97B | 3.87B | 3.66B | 2.47B | 2.24B | 2.02B | 1.72B | 1.54B | 1.43B | 1.48B | 933.37M | 1.09B | 865.92M | 658.70M | 629.85M | 443.19M | 346.15M | 289.79M | 200.72M | 122.11M |
Cost & Expenses | 21.16B | 20.92B | 18.34B | 13.31B | 12.62B | 12.16B | 11.01B | 9.73B | 9.76B | 9.60B | 7.73B | 8.40B | 6.74B | 4.47B | 3.13B | 3.13B | 2.05B | 1.52B | 1.10B | 776.89M |
Interest Income | 197.00M | 110.85M | 66.37M | 37.77M | 91.99M | 71.21M | 54.51M | 50.83M | 39.98M | 52.83M | 22.95M | 13.96M | 7.34M | 3.11M | 6.78M | 9.12M | 9.02M | 0.00 | 3.21M | 543.00K |
Interest Expense | 503.41M | 371.54M | 155.06M | 192.77M | 273.92M | 213.68M | 151.13M | 127.66M | 90.21M | 90.90M | 82.65M | 71.27M | 32.47M | 6.84M | 15.22M | 24.03M | 33.76M | 11.53M | 2.61M | 1.46M |
Depreciation & Amortization | 1.51B | 1.50B | 1.53B | 1.17B | 1.07B | 919.21M | 847.78M | 800.13M | 795.08M | 644.09M | 714.58M | 604.09M | 445.08M | 343.37M | 263.25M | 225.97M | 139.31M | 0.00 | 55.43M | 35.35M |
EBITDA | 8.36B | 7.87B | 15.19B | 7.47B | 5.63B | 4.82B | 4.61B | 3.93B | 3.26B | 2.33B | 4.42B | 1.92B | 2.00B | 2.24B | 1.10B | 1.00B | 876.24M | 410.41M | 337.93M | 288.45M |
EBITDA Ratio | 31.19% | 29.68% | 48.50% | 40.15% | 34.60% | 38.08% | 39.15% | 36.92% | 28.47% | 20.40% | 31.11% | 21.22% | 24.36% | 35.25% | 27.85% | 25.76% | 26.17% | 21.23% | 24.47% | 28.05% |
Operating Income | 5.64B | 5.34B | 12.47B | 6.36B | 4.56B | 4.55B | 4.09B | 3.34B | 2.11B | 1.49B | 3.67B | 1.45B | 1.55B | 1.90B | 832.06M | 767.70M | 726.21M | 410.41M | 282.50M | 253.10M |
Operating Income Ratio | 21.06% | 20.73% | 40.95% | 34.17% | 28.04% | 28.39% | 27.79% | 25.98% | 18.43% | 13.75% | 36.89% | 14.78% | 18.82% | 29.80% | 21.02% | 19.71% | 26.17% | 21.23% | 20.46% | 24.61% |
Total Other Income/Expenses | 700.99M | 662.10M | 1.03B | 969.35M | 457.68M | 423.43M | 593.16M | 485.77M | 267.02M | 99.49M | -38.95M | -48.29M | -21.64M | -3.21M | -8.06M | -14.64M | -23.04M | -8.61M | -2.62M | -1.46M |
Income Before Tax | 6.34B | 6.00B | 13.50B | 7.33B | 5.02B | 4.97B | 4.70B | 3.82B | 2.38B | 1.59B | 3.63B | 1.40B | 1.53B | 1.89B | 824.00M | 753.05M | 703.17M | 401.79M | 279.88M | 251.64M |
Income Before Tax Ratio | 23.67% | 23.30% | 44.33% | 39.38% | 30.85% | 31.04% | 31.89% | 29.76% | 20.76% | 14.67% | 36.50% | 14.28% | 18.56% | 29.75% | 20.82% | 19.34% | 25.34% | 20.78% | 20.27% | 24.47% |
Income Tax Expense | 965.64M | 855.76M | 1.93B | 899.08M | 533.13M | 722.56M | 682.41M | 607.29M | 266.03M | 228.45M | 381.16M | 208.75M | 262.62M | 320.73M | 47.39M | 42.26M | 30.17M | 15.98M | 19.49M | 14.68M |
Net Income | 5.37B | 5.13B | 11.56B | 6.42B | 4.48B | 4.24B | 4.01B | 3.21B | 2.11B | 1.36B | 3.52B | 1.19B | 1.27B | 1.57B | 773.53M | 709.23M | 670.86M | 388.24M | 260.11M | 235.84M |
Net Income Ratio | 20.02% | 19.91% | 37.94% | 34.50% | 27.54% | 26.46% | 27.25% | 25.01% | 18.44% | 12.56% | 35.45% | 12.14% | 15.38% | 24.69% | 19.54% | 18.21% | 24.18% | 20.08% | 18.84% | 22.93% |
EPS | 1.29 | 1.27 | 2.87 | 1.60 | 1.12 | 1.06 | 1.01 | 0.83 | 0.54 | 0.35 | 0.92 | 0.32 | 0.35 | 0.44 | 0.22 | 0.21 | 0.21 | 0.12 | 0.09 | 0.11 |
EPS Diluted | 1.29 | 1.26 | 2.83 | 1.59 | 1.11 | 1.05 | 1.00 | 0.81 | 0.53 | 0.35 | 0.89 | 0.31 | 0.35 | 0.44 | 0.22 | 0.21 | 0.21 | 0.12 | 0.09 | 0.11 |
Weighted Avg Shares Out | 4.15B | 4.05B | 4.03B | 4.03B | 4.01B | 4.01B | 3.97B | 3.88B | 3.92B | 3.92B | 3.83B | 3.75B | 3.60B | 3.54B | 3.51B | 3.38B | 3.26B | 3.16B | 3.01B | 2.21B |
Weighted Avg Shares Out (Dil) | 4.16B | 4.07B | 4.08B | 4.04B | 4.02B | 4.04B | 4.02B | 3.99B | 4.03B | 4.03B | 3.83B | 3.85B | 3.64B | 3.57B | 3.51B | 3.39B | 3.27B | 3.16B | 3.01B | 2.21B |
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Source: https://incomestatements.info
Category: Stock Reports
What were the basic earnings per share for Xinyi Glass Holdings in 2023?
The profit attributable to equity holders of the Company increased significantly by about 4.6% to HK$5,365.1 million in 2023. Basic earnings per share (the “Share”) was 129.2 HK cents, as compared with 126.6 HK cents last year.
How did the float glass segment contribute to Xinyi Glass Holdings’ revenue in 2023?
During the Year Under Review, with prices of float glass continued to rise in the 2H of 2023 and sales volume rose steadily, so the business went back on the uptrend. Revenue from float glass increased by 5.3% year-on-year to HK$17,467.9 million, accounting for 65.2% of the Group’s total revenue.
What was the gross profit margin for Xinyi Glass Holdings in 2023?
26.5%
What were Xinyi Glass Holdings’ annual revenues for 2023?
In comparison with 2022, the Group’s revenue increased by about 4.1% to HK$26,798.5 million in 2023. The profit attributable to equity holders of the Company increased significantly by about 4.6% to HK$5,365.1 million in 2023.