--- title: "Results: Flat Glass Group Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts" type: "News" locale: "en" url: "https://longbridge.com/en/news/280891760.md" description: "Flat Glass Group Co., Ltd. (HKG:6865) reported full-year earnings, exceeding expectations with a profit of CN¥0.42 per share, 27% above forecasts. Analysts have revised their estimates, projecting revenues of CN¥15.1b for 2026, a 2.8% decline, and a 20% increase in earnings per share to CN¥0.51. Despite downgrades in revenue and earnings estimates, the consensus price target remains unchanged at HK$12.44, indicating no major long-term impact on valuation. Analysts predict Flat Glass Group's performance will lag behind industry growth, which is forecasted at 15% annually." datetime: "2026-03-29T01:35:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280891760.md) - [en](https://longbridge.com/en/news/280891760.md) - [zh-HK](https://longbridge.com/zh-HK/news/280891760.md) --- # Results: Flat Glass Group Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts As you might know, **Flat Glass Group Co., Ltd.** (HKG:6865) recently reported its full-year numbers. It looks like a credible result overall - although revenues of CN¥16b were what the analysts expected, Flat Glass Group surprised by delivering a (statutory) profit of CN¥0.42 per share, an impressive 27% above what was forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Following the recent earnings report, the consensus from eleven analysts covering Flat Glass Group is for revenues of CN¥15.1b in 2026. This implies a small 2.8% decline in revenue compared to the last 12 months. Statutory earnings per share are predicted to grow 20% to CN¥0.51. In the lead-up to this report, the analysts had been modelling revenues of CN¥17.5b and earnings per share (EPS) of CN¥0.58 in 2026. It looks like sentiment has declined substantially in the aftermath of these results, with a real cut to revenue estimates and a real cut to earnings per share numbers as well. Check out our latest analysis for Flat Glass Group The analysts made no major changes to their price target of HK$12.44, suggesting the downgrades are not expected to have a long-term impact on Flat Glass Group's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Flat Glass Group at HK$15.56 per share, while the most bearish prices it at HK$6.64. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 2.8% by the end of 2026. This indicates a significant reduction from annual growth of 17% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 15% annually for the foreseeable future. It's pretty clear that Flat Glass Group's revenues are expected to perform substantially worse than the wider industry. ## The Bottom Line The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Flat Glass Group going out to 2028, and you can see them free on our platform here. Plus, you should also learn about the **2 warning signs** we've spotted with Flat Glass Group . ### Related Stocks - [44994.HK](https://longbridge.com/en/quote/44994.HK.md) - [06865.HK](https://longbridge.com/en/quote/06865.HK.md) ## Related News & Research - [Flat Glass Group Secures Strong Shareholder Backing at 2025 AGM](https://longbridge.com/en/news/286081113.md) - [Flat Glass Group Schedules Board Meeting to Review First-Quarter 2026 Results](https://longbridge.com/en/news/282817896.md) - [Earnings Beat: Deepak Nitrite Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models](https://longbridge.com/en/news/286980047.md) - [TKO Group Stock: Analyst Estimates & Ratings](https://longbridge.com/en/news/286905283.md) - [Walmart Stock: Here’s Why Analysts Are Raising Price Targets Before Q1 Earnings.](https://longbridge.com/en/news/286950969.md)