XinYi Glass HKG:0868 – Hong Kong Blue Chip stock

Blue Chip Stock XinYi Glass HKG:0868 Interim results for 2022 are not positive. The mid-year dividends were cut by almost 40%. Net profit took a huge hit and decreased 40%. If we look at interim Profit&Loss statement, you’ll see the Cost of Sales increased with 33% compared to the same period last year.

Updated: May 29, 2023

Ex Dividend: 6-Jun

Quick glance,

• Price-to-earnings (P/E ratio): 9.29
• Price-to-Book ratio : 1.50 preferably <1 although some value investors like it till <3
• Earnings per Share (EPS): 1.26
• BETA: 1.34

A Beta greater than 1.0 might indicate that the stock is more volatile than the market. A Beta less than 1.0 indicates a stock with lower volatility.

The Hong Kong Blue Chips are an inspiring bunch of stocks that define Hong Kong’s  finest companies.

Champion members, please go to the members area and see the Blue Chip file that specifies undervalued stocks. There is one other file of companies that are Blue Chip Value companies AND have a dividend growth strategy in place. Those files make it easier for you and your financial team to sort out your next opportunity.