Zhejiang Glass Company, Limited - Company Capsule - PDF by ICDResearch

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									Zhejiang Glass Company, Limited

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Zhejiang Glass Company, Limited - Company
Capsule

Reference Code: CN0426CC
Published Date: April 2011




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Zhejiang Glass Company, Limited - Company Capsule                                   Page 1
Zhejiang Glass Company, Limited

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Zhejiang Glass Company, Limited - Company Overview

Zhejiang Glass Company, Limited (Zhejiang Glass) is engaged in the manufacturing and selling of glass and soda ash
products. The company operates in two segments namely, manufacturing and selling of glass products, and
manufacturing and selling of soda ash products. The company's product portfolio include flat, hollow, coated, mirror,
safety, laminated, tempered, low emissivity, and low-e glass for construction, automotive, and electronics markets. The
company also manufactures and sells soda ash and its byproducts, which serve glass, daily chemicals, chemicals,
enamel, paper making, medicine, and spinning segments. In addition, the company provides business liaison and
administration services. Zhejiang Glass is headquartered in Causeway Bay, Hong Kong.


Financial Performance

The company reported revenue of CNY2,756.23 million during the fiscal year ended 2008. The company's revenue grew
at a CAGR of 34.6% during the period 2006-2008 with a year on year growth of 18.6% over fiscal year 2007. During the
fiscal year 2008 its operating margin was 15.8% as against the operating margin of 19.2% in fiscal year 2007. During the
fiscal year 2008 the company registered a net profit margin of 6.3% as against the net margin of 11.8% in the fiscal year
2007.




Zhejiang Glass Company, Limited - Key Facts

Zhejiang Glass Company, Limited, Key Facts

                                  1301 Ruttonjee House, Hong
                                  Kong, , , Hong Kong Special       Ticker Symbol, Stock       0739 (Hong Kong Stock
Corporate Address:                                                                             Exchange)
                                                                    Exchange
                                  Administrative Region of China


Telephone                          + 852 28 681166                  No. of Employees           6,350



Fax                                + 852 28 682466                  Financial Year End         December



URL                               www.zjglass.cnen                  Revenue (in CNY Million)   2,756.23



Industry                          Construction                      Revenue (in USD Million)   395.44



Locations                         Hong Kong Special Administrative Region of China

Source: Annual Report, Company Website, Primary and Secondary Research




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Zhejiang Glass Company, Limited - Company Capsule                                                                      Page 2
Zhejiang Glass Company, Limited

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Zhejiang Glass Company, Limited - Major Products and Services

Zhejiang Glass Company, Limited is engaged in the manufacturing and selling of glass and soda ash products. The key
products offered the company include:

Zhejiang Glass Company, Limited, Major Products and Services
Products:

Processed glass:

Flat glass

Low-e glass

Hollow glass

Coated glass

Mirror safety glass

Laminated glass

Tempered glass

Soda ash
Source: Annual Report, Company Website, Primary and Secondary Research




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Zhejiang Glass Company, Limited - Company Capsule                                                            Page 3
Zhejiang Glass Company, Limited

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Zhejiang Glass Company, Limited - Key Competitors

The following companies are the major competitors of Zhejiang Glass Company, Limited:

Nippon Sheet Glass Company, Limited

Hankuk Glass Industires Inc.

Luoyang Glass Company Limited




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Zhejiang Glass Company, Limited - Company Capsule                                       Page 4
Zhejiang Glass Company, Limited

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Zhejiang Glass Company, Limited - Key Employees


Zhejiang Glass Company, Limited, Key Employees


          Name                             Job Title                      Board Level   Since   Age


                           Financial Controller, Joint Company
Eric Po                                                             Senior Management
                           Secretary


Guangcheng Feng            Chairman                                 Executive Board


Guangjun Shen              Director                                 Executive Board


Haiping Tao                Secretary                                Senior Management


                           Director, Deputy Head - Corporate
Liqiang Jiang                                                       Executive Board
                           Finance


Shutao Zhang               Executive Director                       Executive Board


Yumei Hong                 Director, Financial Controller           Executive Board

Source: Annual Report, Company Website, Primary and Secondary Research




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Zhejiang Glass Company, Limited - Company Capsule                                                 Page 5
Zhejiang Glass Company, Limited

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Zhejiang Glass Company, Limited - Locations and Subsidiaries

Head Office

Zhejiang Glass Company, Limited
1301 Ruttonjee House
Hong Kong
Hong Kong Special Administrative Region of China
Tel: + 852 28 681166
Fax: + 852 28 682466



Other Locations & Subsidiaries


Zhejiang Glass Company, Limited, Subsidiaries

Qinqhai Soda Ash Company
Delingha Industrial Park                                            Zhejiang Changxing Glass
Qinghai                                                             China
China




Zhejiang Engineering Glass                                          Zhejiang Pinghu Glass
China                                                               China




Zhejiang Shaoxing Taoyan Glass
China



Source: Annual Report, Company Website, Primary and Secondary Research




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Zhejiang Glass Company, Limited - Company Capsule                                              Page 6
Zhejiang Glass Company, Limited

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Zhejiang Glass Company, Limited - Financial Ratios

Financial Ratios - Capital Market Ratios
Zhejiang Glass Company, Limited, Ratios based on current share price

                                                Key Ratios                                                            01-Apr-2010
P/E (Price/Earnings) Ratio                                                                                               9.96
EV/EBITDA (Enterprise Value/Earnings Before Interest, Taxes, Depreciation and Amortization)                              29.13
Enterprise Value/Sales                                
								
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