01313 CR BLDG MAT TEC
- 1.440
- -0.040-2.70%
CR BLDG MAT TEC News
Guoxin Securities: Building materials valuations and holdings are all in a position to focus on expected sectors and individual stock recovery opportunities
Guoxin Securities released a research report saying that the Politburo meeting set the policy direction of “resolving stocks and optimizing incremental growth”. Mainstream cities have successively optimized purchase restriction policies, which are expected to reverse pessimistic real estate expectations to a certain extent. Currently, fundamentals have not improved significantly, and market confidence will take time to recover. Subsequent support policies are still expected to be further strengthened. The valuations and positions of the building materials sector are at a low level. Concerned about the valuation repair opportunities of leading consumer building materials and some individual stocks that have surpassed the decline.
Express News | Open source securities: the growth of consumer building materials is sustainable for a long time
Hong Kong's building materials and cement stocks continued to rise. China Building Materials rose nearly 8%, China Resources Building Materials Technology rose more than 7%, Conch Cement and Huaxin Cement all rose more than 5%, and Jinyu Group rose more t
Hong Kong's building materials and cement stocks continued to rise. China Building Materials rose nearly 8%, China Resources Building Materials Technology rose more than 7%, Conch Cement and Huaxin Cement all rose more than 5%, and Jinyu Group rose more than 4%.
Changes in Hong Kong stocks | China Resources Building Materials Technology (01313) rose nearly 8%, leading the way in cement stocks, cement price increases are expected to increase in the profitability of the cement industry
Cement stocks had the highest gains in early trading. As of press release, China Resources Building Materials Technology (01313) rose 7.97% to HK$1.49; China Building Materials (03323) rose 7.4% to HK$3.34; Conch Cement (00914) rose 4.22% to HK$19.76; and Huaxin Cement (06655) rose 3.63% to HK$7.43.
Changes in Hong Kong stocks | Cement stocks generally rose today in April, cement prices rose in many provinces and cities, and favorable real estate policies continued to be introduced
Cement stocks generally rose today. As of press release, China Resources Building Materials Technology (01313) rose 5.34% to HK$1.38; China Building Materials (03323) rose 4.81% to HK$3.05; and Asia Cement (00743) rose 3.48% to HK$2.08.
Citibank: Maintaining China Resources Cement Holdings (01313.HK) “Buy” Rating Target Price Reduction of 43.3% to HK$1.7
According to a research report, Citi lowered the target price of China Resources Cement Holdings (01313.HK) by 43.3%, from HK$3 to HK$1.7, lowered the company's profit forecast for 2024 and 2025 by 64% and 60%, and introduced a 2026 forecast. The average unit selling price (ASP) of reactive cement and other products decreased, but sales increased and maintained a “buy” rating.
Citibank: Maintaining China Resources Cement Holdings (01313) “Buy” Rating Target Price Reduction of 43.3% to HK$1.7
Citi lowered its profit forecast for China Resources Cement Holdings (01313) in 2024 and 2025 by 64% and 60%.
Changes in Hong Kong stocks | China Resources Building Materials Technology (01313) rose more than 10% in the first quarter, cement sales bucked the trend, and the contribution ratio of aggregate performance increased
The Zhitong Finance App learned that China Resources Building Materials Technology (01313) rose by more than 10%. As of press release, it had risen 9.68% to HK$1.36, with a turnover of HK$27.63 million. According to the news, China Resources Building Materials Technology announced its results for the first quarter of 2024, with a turnover of about 4.788 billion yuan, a year-on-year decrease of 5.6%; the company owner should have accounted for a loss of 28.874 million yuan, a year-on-year decrease of 3.69%. The consolidated gross margin for the period was 13.8%, up 1.8 percentage points from the previous year. This is mainly due to the year-on-year increase in aggregate sales during the period. According to CICC Research Report, 1Q24's total sales volume of cement clinker is about
China Resources Building Materials Technology (01313.HK): 1Q24 sales bucked the trend and boosted the rapid growth of the aggregate business
The results are basically in line with our expectations for 1Q24: revenue of 4.79 billion yuan, -5.6% year-on-year; net profit to mother of -0.28.9 billion yuan, compared to -0.30 billion yuan for the same period in 1Q23. Company 1Q24
CICC: Maintaining China Resources Building Materials Technology's (01313) “Outperform the Industry” Rating Target Price of HK$1.93
The Zhitong Finance App learned that CICC released a research report stating that while maintaining China Resources Building Materials Technology's (01313) “outperforming the industry” rating, the 2024/25E net profit of 676 million yuan/804 million yuan remained unchanged, with a target price of HK$193 million. The company announced 1Q24 results: revenue of 4.79 billion yuan, -5.6% year-on-year; net profit to mother of -0.28.9 million yuan, compared to -0.30 billion yuan for the same period in 1Q23. The company's 1Q24 performance is basically in line with this forecast. According to the report, the company's leading position in the region has been consolidated, and the aggregate business has entered a period of rapid growth. The company proposed “grab shares, stick to the bottom line,
CHINA RESOURCES BUILDING MATERIALS TECHNOLOGY HOLDINGS(01313.HK):1Q24 SALES VOLUME RISES DESPITE HEADWINDS;AGGREGATE BUSINESS GROWS RAPIDLY
1Q24 results largely in line with our expectationsChina Resources Building Mater
China Resources Building Materials Technology (1313.HK): Strong sales in the non-cement business, impressive cost reduction in cement
1Q24 reduced losses slightly year-on-year. China Resources Building Materials Technology released its quarterly report. 1Q24 achieved net profit attributable to the parent company of 28.87 million yuan, a slight year-on-year reduction (1Q23: -29.98 million yuan). Cost reduction and expansion of the cement business and
China Resources Building Materials Technology released the 2023 Sustainability Report and won the “Five Star Excellent” evaluation for the first time
On April 26, China Resources Building Materials Technology's 2023 Sustainability Report was released online. For the first time, the report won the “Five Star Excellent” social responsibility model evaluation by the China Corporate Social Responsibility Report Rating Expert Committee, and received a “five-star” ESG excellence evaluation for two consecutive years. This report is the 11th Sustainability/Social Responsibility Report issued by China Resources Building Materials Technology. It is also the first sustainability report since the company officially changed its name. With the theme of “Becoming a respected world-class building materials technology enterprise”, the report follows the principles of importance, quantification, balance and consistency, and fully demonstrates the sustainability of China Resources Building Materials Technology in 2023
Huarun Building Materials Technology's one-stop disposal project for mine waste and construction solid waste passed the scientific and technological achievement assessment
Recently, the “One-stop Production of Low-Carbon Cement and Concrete Complete Technology and Application Demonstration” project at the Changjiang base of China Resources Building Materials Technology won the scientific and technological achievement certification issued by the China Building Materials Federation. The project results were recognized as having generally reached the international advanced level. Among them, “using high-aluminum and low-calcium waste to produce low-carbon cement and concrete” reached the leading international level. At present, Changjiang Cement has built an aggregate production line to dispose of 250,000 tons of construction waste and 1.2 million tons of mine waste, as well as a commercial mixing station with an annual production capacity of 300,000 cubic meters, and has collaborated with 3 existing cement kilns to produce low-carbon cement and concrete products
China Resources Building Materials Technology (01313) announced first-quarter results. Losses attributable to owners of RMB 28.874 million narrowed by 3.69% year-on-year
China Resources Building Materials Technology (01313) announced results for the first quarter of 2024, with a turnover of about 4.788 billion yuan, compared with...
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China Resources Building Materials Technology (01313.HK): Zhong **** appointed as Secretary and Authorized Representative
Gelonghui, April 26, 丨 China Resources Building Materials Technology (01313.HK) announced that with effect from April 26, 2024: (1) Su Yaofeng has resigned as company secretary and authorized representative; and (2) Zhong **** has been appointed as company secretary and authorized representative.
China Resources Building Materials Technology (01313.HK): Ye Shukun plans to retire as independent non-executive director
Gelonghui, April 26 | China Resources Building Materials Technology (01313.HK) announced that independent non-executive director Ye Shukun will retire on a rotational basis at the company's annual shareholders' meeting in accordance with section 16.18 of the company's articles of association. Ye already met with the board of directors about his retirement plan and will not be re-elected at the annual shareholders' meeting.
Changes in Hong Kong stocks | Cement stocks generally rose today, Western Cement (02233) rose more than 6%, and cement prices rebounded from a low level
Cement stocks generally rose today. As of press release, Western Cement (02233) rose 6.54% to HK$1.14; Asia Cement (00743) rose 3.83% to HK$1.9; and China Resources Building Materials Technology (01313) rose 3.64% to HK$1.14.
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