Flat Glass Group Co (SHSE:601865) Enterprise Value: ¥30,680 Mil (As of Aug. 07, 2026) ***

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SHSE:601865 Flat Glass Group Co Ltd SHSE:601865
77 GF Score
Price ¥11.75
GF Value ¥16.79
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Flat Glass Group Co Enterprise Value?

Flat Glass Group Co SHSE:601865 +10.02% 77 Enterprise Value is ¥30,680 Mil as of Aug. 07, 2026. GuruFocus rates SHSE:601865 with a GF Score™ of 77/100 and a GF Value™ of ¥16.79 (Possible Value Trap). The stock has 8 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Flat Glass Group Co's Enterprise Value is ¥30,680 Mil. Flat Glass Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,513 Mil. Therefore, Flat Glass Group Co's EV-to-EBIT ratio for today is 20.27.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Flat Glass Group Co's Enterprise Value is ¥30,680 Mil. Flat Glass Group Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,605 Mil. Therefore, Flat Glass Group Co's EV-to-EBITDA ratio for today is 19.11.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Flat Glass Group Co's Enterprise Value is ¥30,680 Mil. Flat Glass Group Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ¥15,161 Mil. Therefore, Flat Glass Group Co's EV-to-Revenue ratio for today is 2.02.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Flat Glass Group Co's Enterprise Value is ¥30,680 Mil. Flat Glass Group Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ¥3,045 Mil. Therefore, Flat Glass Group Co's EV-to-OCF ratio for today is 10.08.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Flat Glass Group Co's Enterprise Value is ¥30,680 Mil. Flat Glass Group Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ¥736 Mil. Therefore, Flat Glass Group Co's EV-to-FCF ratio for today is 41.69.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Flat Glass Group Co  (SHSE:601865) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Flat Glass Group Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=30680.368/1513.262
=20.27

Flat Glass Group Co's current Enterprise Value is ¥30,680 Mil.
Flat Glass Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,513 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Flat Glass Group Co's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=30680.368/1605.105
=19.11

Flat Glass Group Co's current Enterprise Value is ¥30,680 Mil.
Flat Glass Group Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,605 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Flat Glass Group Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=30680.368/15161.098
=2.02

Flat Glass Group Co's current Enterprise Value is ¥30,680 Mil.
Flat Glass Group Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥15,161 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Flat Glass Group Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=30680.368/3044.557
=10.08

Flat Glass Group Co's current Enterprise Value is ¥30,680 Mil.
Flat Glass Group Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥3,045 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Flat Glass Group Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=30680.368/735.84
=41.69

Flat Glass Group Co's current Enterprise Value is ¥30,680 Mil.
Flat Glass Group Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥736 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Flat Glass Group Co Enterprise Value Related Terms


Flat Glass Group Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Flat Glass Group Co's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Flat Glass Group Co Enterprise Value Chart

Flat Glass Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126,534.71 81,388.98 70,996.46 55,979.00 46,371.31

Flat Glass Group Co Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50,337.06 45,742.88 48,926.38 46,371.31 40,850.31

SHSE:601865 vs FSLR, NXT, ENPH: Enterprise Value Comparison

For the Solar subindustry, Flat Glass Group Co's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Flat Glass Group Co Enterprise Value vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Flat Glass Group Co's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Flat Glass Group Co's Enterprise Value falls into.


SHSE:601865
77GF Score
Flat Glass Group Co Ltd SHSE:601865
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flat Glass Group Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Flat Glass Group Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Flat Glass Group Co's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ¥30,680 Mil mean?
Flat Glass Group Co (SHSE:601865) has a Enterprise Value of ¥30,680 Mil as of Aug. 07, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Flat Glass Group Co and its competitors.
Is Flat Glass Group Co's Enterprise Value too high?
Flat Glass Group Co's current Enterprise Value is ¥30,680 Mil. Overall, Flat Glass Group Co has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Flat Glass Group Co's Enterprise Value compare to FSLR and NXT?
Flat Glass Group Co's Enterprise Value of ¥30,680 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Semiconductors company?
A good Enterprise Value depends on the Semiconductors industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Flat Glass Group Co and its competitors. Flat Glass Group Co's current Enterprise Value is ¥30,680 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flat Glass Group Co stock overvalued right now?
Based on GuruFocus' analysis, Flat Glass Group Co (SHSE:601865) is currently considered Possible Value Trap. The stock's GF Value™ is ¥16.79, compared to a current price of ¥11.75 — trading 30% below its estimated fair value. The current Enterprise Value is ¥30,680 Mil. Flat Glass Group Co's overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Flat Glass Group Co (SHSE:601865), the current Enterprise Value is ¥30,680 Mil as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Flat Glass Group Co (SHSE:601865) Overvalued in 2026?

Based on GuruFocus' analysis, Flat Glass Group Co stock appears to be undervalued. The current stock price of ¥11.75 is trading 30% below its estimated GF Value™ of ¥16.79. GuruFocus considers Flat Glass Group Co to be Possible Value Trap.

Key valuation signals for SHSE:601865:

  • Enterprise Value: ¥30,680 Mil
  • GF Value™: ¥16.79 vs. price of ¥11.75 (30% below fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the SHSE:601865 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flat Glass Group Co Business Description

Address No. 1999 Yunhe Road, Xiuzhou District, Zhejiang Province, Jiaxing, CHN
Flat Glass Group Co Ltd manufactures and sells glass and glass products. The company operates in six segments: PV glass, Household Glass, Architectural Glass, Float Glass, Mining products, Electricity generation, and Other businesses. The majority of revenue is derived from the PV glass segment. Its geographical segments are PRC, Asia (excluding the PRC), Europe, North America, and Others.
77GF Score

Get the complete analysis for SHSE:601865

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥11.75
Price
¥16.79
GF Value