汇丰发布研报称，最新行业数据显示，自2024年11月以来龙头企业光伏玻璃产品平均售价(ASP)已降至低于生产成本，产品价格走弱、成本上升及资产减值，均为光伏玻璃行业带来短期盈利压力，相信今年首季生产商盈利仍将受压。该行将福莱特玻璃2024至2026年光伏玻璃出货量预测下调2%至10%，盈利预测亦下调16%至47%。FLAT GLASS (06865) is currently down nearly 4%. As of the time of writing, it has fallen 3.65%, trading at HKD 11.62, with a transaction value of HKD 25.4601 million.
According to Zhitong Finance APP, FLAT GLASS (06865) is currently down nearly 4%. As of the time of writing, it has fallen 3.65%, trading at HKD 11.62, with a transaction value of HKD 25.4601 million.
On the news front, XINYI SOLAR issued a profit warning earlier, expecting that for the year ending December 31, 2024, net profit will decrease by 70% to 80% compared to the 2023 fiscal year. Morgan Stanley believes that the company will continue to be weak in the short term due to weak demand, and Photovoltaic Glass manufacturers have been actively maintaining production lines. Additionally, with the holidays entering in January, supply pressures will remain significant in the short term.
HSBC published Research Reports stating that recent industry data has shown that since November 2024 the average selling price (ASP) of Photovoltaic Glass products from leading enterprises has fallen below production costs. Weak product prices, rising costs, and asset impairment have all brought short-term profit pressure to the Photovoltaic Glass Industry, and it is believed that manufacturers' profits will still be under pressure in the first quarter of this year. The bank has lowered the forecast for FLAT GLASS's Photovoltaic Glass shipment volumes from 2024 to 2026 by 2% to 10%, and the profit forecast has also been lowered by 16% to 47%.
