China Resources Cement Holdings Ltd

China Resources Cement Holdings is an investment holding company. Through its subsidiaries, Co. is principally engaged in the production and sale of cement, concrete and related products and services. Co.'s operations range from the excavation of limestone to the production, sale and distribution of cement, clinker and concrete. Co.'s products are primarily used in the construction of infrastructure projects such as hydroelectric power stations, dams, ports, bridges, airports and roads, as well as suburban development and high-rise buildings. Co.'s products are mainly sold in Guangdong, Guangxi, Fujian, Hainan, Shanxi, Yunnan and Guizhou provinces in China.
  • TickerC44
  • ISINKYG2113L1068
  • SectorConstruction & Materials
  • CountryCayman Islands

Analysts

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

EM Remains In Favor; Shanghai Comp Breaking Out A weakening US dollar (DXY) continues to be a major tailwind for both EM equities and the commodity Sectors. Improving price and RS trends for these risk-on areas of the market are among the many characteristics consistent with historical bull markets. Therefore, we continue to label this a bull market and we believe global equities are still in the early innings of a broad-based advance. • EM Equities. Price action has remained weak for the US dollar (DXY), which has been great news for EM equities. As outlined in our 12/19/19 Int'l Compass an...

CHINA RES.CMT.HDG.LTD. reduced its risk exposure resulting in an upgrade to Positive

CHINA RES.CMT.HDG.LTD. (HK), a company active in the Building Materials & Fixtures industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date December 17, 2019, the closing price was HKD 9.61 and its potential was estimated at HKD 10.15.

MarketLine Department

China National Building Material Co Ltd - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's China National Building Material Co Ltd Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by China National Building Material Co Ltd since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organizatio...

MarketLine Department

China Shanshui Cement Group Limited - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's China Shanshui Cement Group Limited Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by China Shanshui Cement Group Limited since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sus...

MarketLine Department

China Shanshui Cement Group Limited - Strategy, SWOT and Corporate Finance Report

China Shanshui Cement Group Limited - Strategy, SWOT and Corporate Finance Report Summary China Shanshui Cement Group Limited - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights China Shanshui Cement Group Limited (Shanshui Cement) is a construction materials manufacturing company in China. It produces and distributes cement, concrete and clinker. The company marke...

Duncan Chan

CSCI-Cement-China Resources Cement (1313 HK):Good margins for 2Q18, but likely priced in - 20180607

Good margins for 2Q18, but likely priced in We expect China Resources Cement (CRC) to achieve stronger unit gross dollar margin in 2Q18, on higher prices and strong sales volume. Meanwhile, we see risks of slowing sales amid the raining season in the coming months. From a longer-term perspective, we believe CRC will continue to benefit from the deepening supply-side reform and Greater Bay developments. After the recent strong run in share price, CRC is trading at 10.7x FY18E PER, at the higher-end of its historical forward PER range. Although we consider a 4.2% dividend yield attractive a...

Duncan Chan

CSCI-Cement-China Resources Cement (1313 HK):GPM reached a record high in 1Q18 - 20180424

GPM reached a record high in 1Q18 China Resources Cement (CRC) reported a solid set of 1Q18 results, driven by higher selling prices and margin expansion, ahead of market expectation. Looking forward, we expect CRC to maintain strong growth in FY18E, to be driven by (1) likely sustainable cement prices, (2) regional development policies leading to more favourable dynamics of the local markets in Southeast China and Hainan, and (3) continuous production efficiency improvement. We have revised up our FY18E revenue and net profit estimates by 1.1%/18.4%, and raised our price target to HKD9....

Duncan Chan

CSCI-Cement-China Resources Cement (1313 HK):Another year of strong growth ahead - 20180312

Another year of strong growth ahead China Resources Cement (CRC) reported a solid set of 2017 results, driven by higher selling prices and margin expansion, ahead of our expectation. Looking forward, we expect CRC to maintain strong growth in FY18E, to be driven by 1) its current cement business exposure and dominant position in the Southeast China region, and 2) its ability to leverage on its strong balance sheet for future M&A expansion when opportunities arise. We have revised up our revenue and net profit estimates for FY18E/FY19E by 26.3%/27.3% and 25.2%/26.5%, respectively, and rais...

Duncan Chan

CSCI-Cement-China Resources Cement (1313 HK):Solid margin expansion on track - 20171023

Solid margin expansion on track China Resources Cement’s net profit for Jan-Sep17 surged 215.9% YoY on the back of strong margin expansion, which had been alerted by the company and is in line with our expectation. We remain optimistic on CR Cement’s mid-term growth outlook, given the strong demand in its operating regions where supply is declining as well as potential acquisition opportunities. Trading at FY17E 11.6x PER and 9.8x FY18E, CR Cement’s valuation is undemanding in our view, reiterate Buy and maintain price target at HKD6.0. Strong 3Q17 results were in line with our expecta...

CHINA RES.CMT.HDG.LTD. reduced its risk exposure resulting in an upgrade to Positive

CHINA RES.CMT.HDG.LTD. (HK), a company active in the Building Materials & Fixtures industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 4 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Positive. As of the analysis date December 17, 2019, the closing price was HKD 9.61 and its potential was estimated at HKD 10.15.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

China National Building Material Co Ltd - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's China National Building Material Co Ltd Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by China National Building Material Co Ltd since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organizatio...

MarketLine Department

China Shanshui Cement Group Limited - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's China Shanshui Cement Group Limited Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by China Shanshui Cement Group Limited since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sus...

MarketLine Department

China Shanshui Cement Group Limited - Strategy, SWOT and Corporate Finance Report

China Shanshui Cement Group Limited - Strategy, SWOT and Corporate Finance Report Summary China Shanshui Cement Group Limited - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights China Shanshui Cement Group Limited (Shanshui Cement) is a construction materials manufacturing company in China. It produces and distributes cement, concrete and clinker. The company marke...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

EM Remains In Favor; Shanghai Comp Breaking Out A weakening US dollar (DXY) continues to be a major tailwind for both EM equities and the commodity Sectors. Improving price and RS trends for these risk-on areas of the market are among the many characteristics consistent with historical bull markets. Therefore, we continue to label this a bull market and we believe global equities are still in the early innings of a broad-based advance. • EM Equities. Price action has remained weak for the US dollar (DXY), which has been great news for EM equities. As outlined in our 12/19/19 Int'l Compass an...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch