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The Five-year Loss for Huaxin Cement (SHSE:600801) Shareholders Likely Driven by Its Shrinking Earnings
GF SEC: The Building Materials Sector is experiencing weak stability in the off-season, paying attention to bottom layout opportunities in the Sector.
More incremental policies are expected to follow, which will be beneficial for stabilizing the subsequent fundamentals. Continue to be Bullish on investment opportunities in the construction materials Sector.
Research Reports Gold Digging | Northeast Securities: Initiates a "Buy" rating for Huaxin Cement, with a leading progress in overseas expansion and promising prospects.
Northeast Securities Research Reports indicate that Huaxin Cement (600801.SH) is one of the earliest cement enterprises in China, a Global building materials group with both foreign and state-owned Shareholder backgrounds. By the end of 2023, the company ranked 4th globally in terms of production capacity among Chinese cement enterprises, 6th domestically, 2nd in overseas production capacity that has been put into operation, and 1st in overseas revenue scale. In most overseas regions, cement prices are significantly higher than those in China, with a generally better competitive landscape and maintaining reasonable profit margins. The company's progress in going overseas is ahead, and the outlook is promising, with a clear trend of profit recovery. The current PB is only 0.9, which is at a historical low, indicating significant room for improvement.
Hong Kong stocks are experiencing changes | Cement stocks are collectively retreating, and the prices of cement in East China have shown seasonal adjustments. Institutions indicate that the decline in cement demand is expected to narrow.
Cement stocks fell collectively; as of the time of writing, BBMG Corporation (02009) is down 5%, trading at HKD 0.76; CONCH CEMENT (00914) is down 4.83%, trading at HKD 18.92; CR BLDG MAT TEC (01313) is down 3.14%, trading at HKD 1.54; Huaxin Cement (06655) is down 1.79%, trading at HKD 7.69.
Huaxin Cement Co., Ltd.'s (SHSE:600801) Top Owners Are Public Companies With 45% Stake, While 28% Is Held by Individual Investors
Announcement highlights | A subsidiary of China Energy Engineering won an EPC general contracting project worth nearly 5.9 billion yuan; VESYNC received a premium of approximately 33.33% for privatization, and resumes trading today.
China Energy Engineering Corporation's subsidiary has won an EPC general contracting project worth nearly 5.9 billion yuan; SANXUN GROUP's sales in the first 11 months decreased by more than 60% year-on-year.
