Analysts are more bearish after recent results, leading to lower revenue forecasts and a significant cut to earnings per share estimates. The consensus price target fell notably, with analysts not reassured by the latest results, leading to a lower estimate of Xinyi Glass Holdings' future valuation.
Xinyi Glass Holdings' decreasing ROCE and revenue drop, despite employing more capital, may suggest a loss in competitive advantage or market share. The flat stock trend over five years indicates investor disinterest.
The recent insider purchases and high level of insider ownership suggest insiders are quite bullish about Xinyi Glass Holdings. This significant ownership by insiders generally increases the chance that the company is run in the interest of all shareholders.
Despite Xinyi Glass Holdings' high earning outlook, its P/E ratio aligns with others, reflecting shareholders' skepticism towards their forecasts. The possibility of unstable earnings could contribute to this lower P/E ratio.
Given the decreases in ROCE and revenue despite increased capital deployment in the business, there are some reservations about Xinyi Glass Holdings' potential for growth going forward. Unless current trends are reversed, long-term performance might be negatively affected.
James_Tan : J Lim, what stock screener are you using to filter out US and HK stock ?
102375529 : nice chart.. price break up ma200. thanks.
professor J.Lim sharing this stock.
I c the price may retest 9.1 to form the double bottom.