OverviewSuggest Edit

Xinyi Glass (信义玻璃) is a company that specializes in glass manufacturing. It offers float, automotive, heat-reflecting coated, hollow, tempered, laminated, and energy-saving architectural glass, car windscreens, and other products.

TypePublic
Founded1988
HQHong Kong, HK
Websitexinyiglass.com
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)14,334(+10%)
Revenue (FY, 2020)$18.6 B(+15%)
Share Price (Nov 2021)$20.3
Cybersecurity ratingDMore
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Key People/Management at Xinyi Glass

Jason Lau

Jason Lau

Chief Financial Officer
Xi Chen

Xi Chen

VP
Iwi Song

Iwi Song

Vice General Manager Of Sales and Marketing
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Xinyi Glass Office Locations

Xinyi Glass has offices in Hong Kong, Beihai, Deyang, Dongguan and in 13 other locations
Hong Kong, HK (HQ)
21st Floor, Acer Capital Building, 135 Hoi Bun Road, Kwun Tong, Kowloon
Beihai, CN
Tieshangang District
Beihai, CN
Xinyi Industrial Park, No.1 Xinyi Rd, Tieshan'gang Coastal Industrial Park
Deyang, CN
No.33 Section III Minshan Rd, ETDZ
Dongguan, CN
Xinyi Glass Industrial Park, Ludong District
Hainan, CN
Fuyin Road, Laocheng Economic Development Zone
Show all (21)

Xinyi Glass Financials and Metrics

Xinyi Glass Revenue

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Xinyi Glass's revenue was reported to be $18.62 b in FY, 2020 which is a 14.5% increase from the previous period.
HKD

Revenue (H1, 2021)

13.6b

Gross profit (H1, 2021)

7.2b

Gross profit margin (H1, 2021), %

53%

Net income (H1, 2021)

5.4b

EBIT (H1, 2021)

5.6b

Market capitalization (10-Nov-2021)

88.5b

Closing stock price (10-Nov-2021)

20.3

Cash (30-Jun-2021)

5.0b

EV

97.2b
Xinyi Glass's current market capitalization is $88.5 b.
Annual
HKDFY, 2018FY, 2019FY, 2020

Revenue

16.0b16.3b18.6b

Revenue growth, %

2%14%

Cost of goods sold

10.1b10.4b10.8b

Gross profit

5.9b5.9b7.8b
Half Year
HKDH1, 2019H1, 2020H1, 2021

Revenue

7.4b7.1b13.6b

Cost of goods sold

4.8b4.7b6.4b

Gross profit

2.7b2.4b7.2b

Gross profit Margin, %

36%34%53%
Annual
HKDFY, 2018FY, 2019FY, 2020

Cash

4.6b5.1b5.2b

Accounts Receivable

1.3b1.4b1.4b

Inventories

1.8b2.0b2.5b

Current Assets

9.2b10.3b12.9b
Half Year
HKDH1, 2019H1, 2020H1, 2021

Cash

5.5b4.7b5.0b

Accounts Receivable

1.5b1.5b1.8b

Inventories

2.3b2.0b3.2b

Current Assets

11.3b11.1b18.5b
Annual
HKDFY, 2018FY, 2019FY, 2020

Net Income

4.2b4.5b6.4b

Depreciation and Amortization

917.0m987.7m1.1b

Inventories

18.8m(198.7m)(206.3m)

Accounts Payable

(20.1m)390.6m783.7m
Half Year
HKDH1, 2019H1, 2020H1, 2021

Net Income

2.1b1.4b5.4b

Cash From Operating Activities

1.5b1.1b2.5b

Purchases of PP&E

(1.2b)(1.4b)(887.1m)

Cash From Investing Activities

(1.1b)(1.9b)(3.1b)
HKDFY, 2018

Revenue/Employee

1.3m

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.7 x
Show all financial metrics

Xinyi Glass Operating Metrics

Dec, 2021

Facility Space, sq. m

7.32 m

Offices (Overseas)

4

Plants (Domestic)

10

Plants (Overseas)

1
Show all operating metrics

Xinyi Glass Revenue Breakdown

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Xinyi Glass revenue breakdown by business segment: 24.8% from Automobile Glass, 63.4% from Float Glass and 11.9% from Architectural Glass

Xinyi Glass revenue breakdown by geographic segment: 13.0% from Other Countries, 10.6% from North America, 73.3% from Greater China and 3.2% from Other

Xinyi Glass Cybersecurity Score

Cybersecurity ratingPremium dataset

D

69/100

SecurityScorecard logo

Xinyi Glass Online and Social Media Presence

Embed Graph

Xinyi Glass Company Culture

  • Overall Culture

    A+

    93/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Xinyi Glass News and Updates

Xinyi Glass half-year profit rises to HK$5.38b

Xinyi Glass (0868) increased half-year net profit by 2.89 times to HK$5.38 billion.

Xinyi Glass selected among Forbes "2021 Best Employer in China

Xinyi Glass selected among Forbes "2021 Best Employer in China" and "2021 Most Sustainable Employer in China"

Xinyi Glass Again Attains Recognition of Authoritative US Magazine – Institutional Investor’s 2021 Ranking

Xinyi Glass Holdings Limited (“Xinyi Glass” or the “Group”) (stock code: 00868.hk), a leading integrated automobile glass, energy-saving architectural glass and high-quality float glass manufacturer, is pleased to announce its selection by Institutional Investor as the “Most Honored Company", and th…

Xinyi Glass Makes Forbes China's 2021 "Best Employers of the Year" and "Most Sustainable Employers of the Year" Lists

Xinyi Glass Holdings Limited (“Xinyi Glass” or the “Group”) (stock code: 00868), a leading integrated automobile glass, energy-saving architectural glass and high-quality float glass manufacturer, is pleased to announce that the Group has made it among “Best Employers of the Year” and “Most Sustaina…

Xinyi Glass Secures Three-year HK$1 Billion Green Loan from DBS Bank

Leading integrated manufacturer of automotive glass, energy-saving architectural glass and high-quality float glass Xinyi Glass Holdings Limited ("Xinyi Glass" or "Group") (Stock Code: 00868) has secured a three-year HK$1 billion long-term green loan from DBS Bank (Hong Kong) Limited (“DBS Bank”) fo…

Xinyi Glass Secures HK$1 Billion Green Loan from Hang Seng Bank

Xinyi Glass Holdings Limited (“Xinyi Glass” or the “Group”) (stock code: 00868.hk), a leading integrated automobile glass, energy-saving architectural glass and high-quality float glass manufacturer, has obtained the second-party opinion on its green finance framework agreement from Hong Kong Qualit…

Xinyi Glass Frequently Asked Questions

  • When was Xinyi Glass founded?

    Xinyi Glass was founded in 1988.

  • Who are Xinyi Glass key executives?

    Xinyi Glass's key executives are Jason Lau, Xi Chen and Iwi Song.

  • How many employees does Xinyi Glass have?

    Xinyi Glass has 14,334 employees.

  • What is Xinyi Glass revenue?

    Latest Xinyi Glass annual revenue is $18.6 b.

  • What is Xinyi Glass revenue per employee?

    Latest Xinyi Glass revenue per employee is $1.3 m.

  • Who are Xinyi Glass competitors?

    Competitors of Xinyi Glass include Intex Glass, Luoyang Glass Company and Shanghai Yaohua Pilkington Glass Group.

  • Where is Xinyi Glass headquarters?

    Xinyi Glass headquarters is located at 21st Floor, Acer Capital Building, 135 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong.

  • Where are Xinyi Glass offices?

    Xinyi Glass has offices in Hong Kong, Beihai, Deyang, Dongguan and in 13 other locations.

  • How many offices does Xinyi Glass have?

    Xinyi Glass has 21 offices.