00914 CONCH CEMENT
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CONCH CEMENT News
[Hong Kong Stock Connect] Net profit of Conch Cement (00914) in the first quarter decreased by 41.14% year on year to RMB 1,502 billion
Jinwu Financial News | Hailuo Cement (00914) announced that in the first quarter of 2024, it recorded net profit attributable to shareholders of 1,502 billion yuan (RMB, same below), a year-on-year decrease of 41.14%; recorded revenue of 21.328 billion yuan, a year-on-year decrease of 32.08%; and basic earnings per share of 0.28 yuan.
海螺水泥：二零二四年第一季度報告
Conch Cement (00914.HK) gains 901,800 shares from Lazard Asset Management LLC
Gelonghui, April 19丨According to the latest equity disclosure data on the Stock Exchange, on April 15, 2024, Conch Cement (00914.HK) received an increase of 901,800 shares by Lazard Asset Management LLC at an average price of HK$17.12 per share on the market, involving approximately HK$15.438 million. After the increase in holdings, Lazard Asset Management LLC's latest shareholding was 6.537,800 shares, and the shareholding ratio increased from 4.94% to 5.00%.
海螺水泥：2023年度報告
Anhui Conch Cement's (HKG:914) Returns On Capital Not Reflecting Well On The Business
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Firstly, we'd want to identify a growing return on capital employ
Conch Cement (00914.HK) plans to hold a board meeting on April 26 to approve quarterly results
Gelonghui, April 12, 丨 Conch Cement (00914.HK) issued an announcement. The board of directors held a board meeting on April 26, 2024 (Friday) for the following purposes: 1. Review and approve the Group's unaudited results for the three months ended March 31, 2024; 2. Review and approve the publication of the Group's unaudited results announcements for the three months ended March 31, 2024 in accordance with the securities listing rules; and 3. Handling other matters (if any).
Changes in Hong Kong stocks | Cement stocks fluctuated higher, Western Cement (02233) rose nearly 9%, Conch Cement (00914) rose more than 5%
Cement stocks fluctuated higher. As of press release, Western Cement (02233) rose 8.91% to HK$1.1; Conch Cement (00914) rose 5.65% to HK$17.58; and Huaxin Cement (06655) rose 4.79% to HK$7.44.
Anhui Hailuo Environmental Protection, affiliated with Hailuo Cement (00914), plans to apply for registration to issue medium-term notes of no more than 3 billion yuan
Conch Cement (00914) announced that the company's subsidiary, Anhui Hailuo Environmental Protection Group Co., Ltd. plans to enter the Chinese interbank market...
Huatai Securities: Demand starts slowly after the cement festival than the industry's losses or phased expansion in previous years
Due to the lower price starting point before the Spring Festival and slower price recovery after the holiday season than in previous years, it is expected that most cement companies' profits in 1Q24 will decline the same or month-on-month, and the industry's losses may expand.
Research Report Nuggets丨China Merchants Securities: Conch Cement's high dividend ratio protects shareholders' interests and maintains a “highly recommended” rating
According to the China Merchants Securities Research Report, the main cement business profit of Hailuo Cement (600585.SH) was under pressure in 23, and the expansion of production capacity in multiple businesses promoted growth. The company insists on effective investment and continues to strengthen the main cement business and the upstream and downstream industrial chains; in the future, it will focus on aggregates, commercial mixing and other businesses contributing to performance growth points. Considering that the contradiction between supply and demand in the cement industry is still prominent in 2024, production capacity will still curb the room for a rebound at the bottom of cement prices, and the profit forecast for the company will be lowered. If the 24-year results are calculated based on a 50% dividend rate, the current dividend rate is 3.95%, maintaining a “highly recommended” investment rating.
Anhui Conch Cement's (HKG:914) Sluggish Earnings Might Be Just The Beginning Of Its Problems
The subdued market reaction suggests that Anhui Conch Cement Company Limited's (HKG:914) recent earnings didn't contain any surprises. However, we believe that investors should be aware of some under
Big Bank Rating | UBS: Lowering the target price of conch cement to HK$17 to maintain a “neutral” rating
UBS released a report saying that Conch Cement's profit fell 33% to 10.4 billion yuan last year, falling short of the bank's expectations. As the gross profit forecast for cement and clinker declined due to increased price competition, the profit forecast for 2024 to 2026 was lowered by 6 to 11%, and the target price was lowered from HK$17.95 to HK$17, maintaining a “neutral” rating. UBS said that sales of Conch Cement grew well last year, but during the traditional peak season, cement profit margins deteriorated, while overall investment returns declined. However, the bank believes that there is an upward risk of investment income this year, because Western Cement's overseas business will be able to affect Conch Cement after excluding one-off projects
Anhui Conch Cement Company Limited Just Missed Earnings - But Analysts Have Updated Their Models
Anhui Conch Cement Company Limited (HKG:914) shareholders are probably feeling a little disappointed, since its shares fell 5.3% to HK$16.92 in the week after its latest full-year results. Statu
Conch Cement's Net Profit Declines in 2023; Revenue Rises 7%
Conch Cement (HKG:0914) reported a net profit attributable to equity holders of 10.69 billion yuan for the year ended Dec. 31, 2023, compared with 15.86 billion in the year-ago period, according to a
Anhui Conch Cement's 2023 Profit Falls 33%, Misses EPS Forecast
Anhui Conch Cement's (HKG:0914, SHA:600585) attributable profit fell 33.4% to 10.43 billion yuan from 15.66 billion yuan in 2022, according to a Wednesday filing with the Hong Kong bourse.
Conch Cement will pay a final dividend of $0.96 per share on July 3
Conch Cement (00914) announced that it will pay a final dividend of RMB 0.96 per share for the year ended 31 December 2023 on July 3, 2024.
Conch Cement (00914) will pay a final dividend of $0.96 per share on July 3
Conch Cement (00914) announced that it will be distributed on July 3, 2024 until December 3, 2023...
CONCH CEMENT: Results for the year ended 31 December 2023
Changes in Hong Kong stocks | Cement stocks are generally rising, favorable real estate policies continue to increase, and demand in the cement industry is expected to recover
Cement stocks were generally higher. As of press release, Western Cement (02233) rose 16.5% to HK$1.2; China Resources Building Materials Technology (01313) rose 4.51% to HK$1.39; and China Building Materials (03323) rose 3.44% to HK$3.01.
Tianfeng Securities: The restless effect after the cement holiday is obvious, focus on catalyzing price increases in the short term
The Zhitong Finance App learned that Tianfeng Securities released a research report saying that the building materials index achieved a cumulative absolute profit of 3.96% in the two weeks after the 24-year festival, but it still outperformed the 1.18pct market. Judging from the resumption of work in the previous two weeks, the physical workload of infrastructure and housing construction fell short of previous years, leading to a year-on-year decline in consumption of building materials. In the short term, the building materials sector may still need to observe the resumption of work and physical volume progress during the peak season. On the cement side, cement prices declined year-on-year after the 24-year holiday season. The resumption of construction in March is expected to drive up prices across the board. Short-term focus is on catalyzing price increases, and profits are also expected to be in the first quarter compared to the bottom
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