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Ping An Securities' building materials strategy for 2025: Weak reality and strong expectations, focusing on supply-side changes in segmented tracks.
Looking ahead to 2025, it is expected that the sales area of Commodities will decrease by 6.5% year-on-year, and the market is still at the bottom, but the central government has clearly stated a policy direction to "stop the decline and stabilize." Support is still to be anticipated.
Shareholder Jia Tongchun and his concerted parties collectively reduced their shareholding by 1.5976 million shares in Beijing New Building Materials Public (000786.SZ).
Beijing New Building Materials Public (000786.SZ) announced that as of the disclosure date of this announcement, the shareholders of the company, Vice Chairman Jia Tong...
Beijing New Building Materials Public (000786.SZ) has been approved to register for the issuance of 2 billion yuan green debt financing instruments.
Beijing New Building Materials Public (000786.SZ) announced that the company has applied to the Interbank Market Traders Association of the Bank of China to register and issue green...
Shenyin Wanguo: Profit decline narrows in the building materials industry in Q3 2024, significant improvement in profit for the cement sector.
In the third quarter, the building materials industry achieved revenue of 175.45 billion yuan, (yoy-9.0%, qoq-8.3%), net income attributable to the parent company was 6.45 billion yuan (yoy-32.0%, qoq-17.0%), gross margin in the third quarter was 18.2% (yoy-0.9pct, qoq-0.3pct), net margin was 4.09% (yoy-0.9pct, qoq-0.03pct).
Hong Kong stocks surged: CNBM (03323) rose by over 4%. Beijing New Building Materials Public's net profit in the first three quarters increased by over 14%. UBS Group predicts that the company's third-quarter profit will improve quarter-on-quarter.
cnbm (03323) rose more than 4% in the afternoon, as of the time of publication, up 3.91%, at 3.19 Hong Kong dollars, with a turnover of 79.0823 million Hong Kong dollars.
Beixin Construction: Report for the third quarter of 2024