1. China Stocks

  2. •

    Consumer durables

  3. •

    Home furnishings
Fuyao Glass Industry Group Co., Ltd. Class A

Fuyao Glass Industry Group Co., Ltd. Class A

5.95
EUR
-0.05
(-0.83%)
17.33BMarket Cap
Mar 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.94
5.55
4.92
5.67
6.43
6.91
7.25
6.83
7.92
9.23
10.92
12.9
15.07
- -
Basic EPS, GAAP
0.82
0.95
0.94
1.07
1.08
1.41
1
0.89
1.06
1.56
1.85
2.46
3.07
- -
Free Cash Flow per Basic Share
0.41
0.15
-0.09
0.02
0.46
0.76
0.81
1.2
1.12
0.91
1.04
1.01
1.94
- -
Dividend per Share
0.52
0.54
0.62
0.69
0.73
1.13
0.79
0.76
0.76
0.96
1.18
1.22
2.41
2.08
Book Value per Share
3.36
3.77
5.62
6.17
6.43
6.91
7.31
7.39
8.65
9.54
10.34
11.74
12.36
12.56
Tangible Book Value per Share
2.97
3.31
5.19
5.75
6.03
6.44
6.84
6.94
8.24
9.12
9.89
11.2
11.74
11.93
Basic Weighted Avg Shares
2,326
2,329
2,759
2,930
2,911
2,926
2,910
2,913
2,979
3,043
3,035
3,043
3,038
2,712
Sales/Revenue/Turnover
11,501
12,928
13,573
16,621
18,713
20,225
21,104
19,907
23,603
28,099
33,161
39,252
45,787
- -
Operating Margin (%)
21.78
22.06
20.28
20.5
21.99
20.51
16.16
18.35
18.72
17.12
19.09
21.88
22.69
- -
Depreciation Expense
796
794
912
1,107
1,215
1,447
1,842
1,987
2,010
2,086
2,223
2,392
2,723
- -
Net Income, GAAP
1,918
2,220
2,605
3,144
3,149
4,120
2,898
2,601
3,146
4,756
5,629
7,498
9,312
- -
Effective Tax Rate (%)
19.42
15.98
14.3
19.82
14.44
17.23
10.3
16.44
17.7
14.81
16.18
16.54
16.53
- -
Profit Margin (%)
16.67
17.17
19.19
18.92
16.83
20.37
13.73
13.06
13.33
16.92
16.98
19.1
20.34
- -
Working Capital
458
208
5,448
5,259
4,930
3,162
2,988
6,428
9,964
12,318
18,434
18,414
13,779
17,775
LT Debt
918
1,213
848
1,574
2,510
1,456
1,764
3,694
2,845
3,484
8,920
7,557
4,048
8,065
Total Equity
7,846
8,803
16,415
18,039
18,798
20,190
21,369
21,591
26,294
28,988
31,411
35,686
37,552
38,172
Return on Invested Capital (%)
18.2
18.06
15.01
13.13
12.02
14.7
9.87
8.39
8.97
12.35
13
15.5
17.53
- -
Return on Capital (%)
21.27
20.66
16.19
14.29
12.87
16.1
10.73
8.99
9.97
12.93
13.55
16.01
18.22
- -
Return on Common Equity (%)
25.89
26.68
20.67
18.26
17.1
21.14
13.95
12.11
13.14
17.2
18.63
22.34
25.43
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12,842
12,834
13,290
LT Borrowings
3,669
7,293
7,764
LT Finance Leases
379
297
301
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,040
3,040
3,040
Market Capitalization
178,632
153,889
134,292

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
39,345
42,235
42,365
Cash, Cash Equivalents & STI
19,285
21,928
22,466
Accounts Receivable, Net
8,478
6,360
7,730
Inventories
6,799
6,746
7,040
Total Current Liabilities
25,566
23,585
24,590
Payables & Accruals
- -
- -
- -
ST Debt
12,842
12,834
13,290
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.76%
11.85%
5.23%
Free Cash Flow
189.57%
16.21%
91.18%
Net Income, GAAP
15.96%
29.58%
24.2%
Sales/Revenue/Turnover
13.24%
18.13%
16.65%
Total Cash Common Dividend
19.91%
30.84%
96.97%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,836
9,504
9,974
10,938
39,252
2025
9,910
11,537
- -
12,486
45,787
2026
10,413
11,558
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.46
0.81
0.65
0.77
2.46
2025
0.67
1.06
- -
0.86
3.07
2026
0.57
0.87
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
1.31
0.05
0.03
1.22
2025
0.03
1.8
- -
0.9
2.41
2026
0.05
1.2
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shu Ye
Full Time Employees
42,541
Sector
Consumer durables
Industry
Home furnishings
Address
Fuyao Industrial Zone II Fuqing FU China 350301
IPO Date
Jun 10, 1993
Website
fuyaogroup.com
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Business
Fuyao Glass Industry Group Co., Ltd. (600660.SS) manufactures and distributes automotive safety glass and integrated trim solutions for passenger vehicles, commercial transport, and rail applications worldwide. The company produces automotive-grade float glass; advanced automotive glass products including head-up display (HUD) glass, semi-tempered laminated glass, acoustic glass, heating glass, hydrophobic glass, dimming glass, antenna glass, heat insulation glass, lightweight glass, photovoltaic sunroofs, panoramic sunroofs, ambient glass, flush styling windows, encapsulated glass assemblies, and sliding window assemblies; rail transit glass; automotive glass replacement services; and accessory components such as exterior decorations, window trims, luggage racks, molds, plastic products, and refined aluminum automotive decorations. Fuyao serves major original equipment manufacturers (OEMs) including Volkswagen, Ford, BMW, Toyota, Honda, Mercedes-Benz, Bentley, Audi, GM, Chrysler, Nissan, Hyundai, Fiat, Volvo, and Land Rover, with a focus on high-value smart glass and electric vehicle (EV) technologies. In recent developments, Fuyao opened a new $300 million manufacturing facility in Moraine, Ohio, USA, in July 2025, adding approximately 500 jobs and capacity for 2 million sets of coated automotive glass annually, targeting EVs, heads-up displays, and advanced driver assistance systems (ADAS). The company announced a $400 million investment in March 2025 to expand float glass production at its Decatur, Illinois plant and continues multi-billion yuan investments in smart manufacturing bases across Fujian, Anhui, and Shanghai provinces in China. Fuyao has enhanced its capabilities through the 2021 acquisition of PPG Industries' automotive glass business, bolstering R&D for next-generation vehicle solutions, while high-end products now exceed half of output, driving revenue growth with international sales up 18% in 2024 and first-quarter 2025 sales rising 12% year-over-year. Founded in 1987 and headquartered in Fuqing, Fujian Province, China, Fuyao operates production facilities globally, including major sites in the United States (Moraine, Ohio; Decatur, Illinois; Greenville, South Carolina), Germany, and multiple locations in China, employing over 27,000 staff and ranking as the world's largest automotive glass supplier. The company maintains a vertically integrated model from raw materials to finished products, with subsidiaries like Fuyao Glass America supporting North American OEM and aftermarket demand. In October 2025, founder Cao Dewang transitioned the chairman role to his son Cao Hui, signaling continued focus on innovation amid leadership continuity.