Xinyi Glass Holdings Ltd

Common Name
Xinyi Glass Holdings
Country
Hong Kong
Sector
Basic Materials
Industry
Building Materials
Employees
16,485
Ticker
868
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operat...

Xinyi Glass Holdings Energy Data Preview

In 2023, Xinyi Glass Holdings disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Xinyi Glass Holdings also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Xinyi Glass Holdings also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Xinyi Glass Holdings also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Xinyi Glass Holdings's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Insights into Xinyi Glass Holdings's Energy Renewability

In 2023, Xinyi Glass Holdings consumed a total of 60.53 million Gigajoules of energy across its operations. Of this total, 4.8% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 95.2% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Xinyi Glass Holdings's Energy Renewability Rate

5%

How much of Xinyi Glass Holdings's energy consumed is renewable?

In 2023, Xinyi Glass Holdings consumed a total of 60.53 million Gigajoules of energy, of which 4.8% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Xinyi Glass Holdings has considerable room to improve its energy sustainability strategy.

Are Xinyi Glass Holdings's energy practices becoming more sustainable?

Since 2021, Xinyi Glass Holdings's total energy consumption decreased by 11.87%, including a further 7.14% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy in Xinyi Glass Holdings's consumption increased by 18.41%, including a 10.3% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Xinyi Glass Holdings has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

Xinyi Glass Holdings's Renewable vs Non-renewable Energy Over Time

72.49 M32.49 M7.51 M72.49 MGigajoules (GJ)20212022202396%96%95%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Xinyi Glass Holdings's Energy Consumption & Production Mix

In 2023, Xinyi Glass Holdings disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Xinyi Glass Holdings's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Xinyi Glass Holdings's Energy Consumed by Sources and Technologies

Natural Gas(89.7%)Electricity(Unspecified Source)(5.4%)

What are the main sources and generation technologies behind Xinyi Glass Holdings's energy consumption?

In 2023, Xinyi Glass Holdings's total energy consumption was primarily sourced from

  • Natural Gas (89.68%)
  • Electricity (Unspecified Source) (5.42%)
  • Waste Heat (3%)

How diverse is Xinyi Glass Holdings’s energy consumption mix?

In 2023, Xinyi Glass Holdings consumed energy from 5 different sources or generation technologies, indicating a highly concentrated energy mix, with Natural Gas alone accounting for 89.68% of total consumption.

What are the main sources or generation technologies used by Xinyi Glass Holdings to produce energy?

In 2023, Xinyi Glass Holdings's energy production came primarily from

  • Waste Heat (62.5%)
  • Solar Energy (37.5%)

How diverse is Xinyi Glass Holdings’s energy production mix?

In 2023, Xinyi Glass Holdings produced energy using 2 different sources or generation technologies. While moderately diverse, the production mix shows a partial dependence on Waste Heat (62.5%).

Xinyi Glass Holdings's Energy Produced by Sources and Technologies

Waste Heat(62.5%)Solar Energy(37.5%)

Insights into Xinyi Glass Holdings's Energy Inflows & Self-Sufficiency

In 2023, Xinyi Glass Holdings reported total energy inflows of 6.18 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 3.28 million Gigajoules purchased from external suppliers and 2.91 million Gigajoules generated through internal production. This corresponds to a production share of 46.99%, reflecting a 49.93% percentage point increase from the previous year (2022) and a 399.13% percentage point increase since 2021.

Xinyi Glass Holdings has steadily improved its production share over the years, though the most recent figures show a leveling-off. This plateau may indicate that the company has reached a temporary equilibrium between produced and purchased energy, or is consolidating gains before pursuing further expansion.

Xinyi Glass Holdings's Energy Purchased vs Produced Over Time

20212022202302 M4 M6 M8 MGigajoules (GJ)43%46%47%57%54%53%
  • Total Energy Produced
  • Total Energy Purchased
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