Beijing New Building Materials Public (000786): Under the stable support of high-quality state-owned enterprises and gypsum board, it is opening up new wings.
Investment recommendations overview its development history, the company has achieved excellent "nine-square grid" comprehensive development under the guidance of an outstanding management team, with revenue growing at a CAGR of over 10% in the past five years, profit at a CAGR of 7%, net margin, and roe basically maintaining.
Beijing New Building Materials (000786): Acquired Zhejiang Daqiao Paint, further improving the industrial coatings sector.
Investment highlights: Fully-owned subsidiary Beixin Paint acquired 51.4% equity of zhejiang Bridge Paint. Beixin Paint plans to acquire 10.7% equity of zhejiang Bridge Paint held by Hangshi Group through a delisting method, with a transfer base price of 43.319 million yuan; cooperation.
Shareholder Jia Tongchun and his concerted parties from Beijing New Building Materials Public reduced their shareholding by a total of 1.5976 million shares.
Beijing New Building Materials Public (000786.SZ) announced that, as of the disclosure date of this announcement, the shareholder and Vice Chairman Jia Tong...
Beijing New Building Materials Unit to Restructure Paint-Making Arm
Express News | Beijing New Building Materials Public and 80 other companies established a new materials company.
Beijing New Building Materials Registers 2 Billion Yuan of Green Debt Financing Instruments
Beijing New Building Materials (000786.SZ) has been approved to issue 2 billion yuan in green debt financing instruments.
Beijing New Building Materials (000786.SZ) announced that the company is applying to the Bank of China Interbank Market Dealers Association for the registration and issuance of 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).
BEIJING NEW BUILDING MATERIALS(000786):GYPSUM BOARD PRICES FELL IN 3Q24;SECOND GROWTH CURVE BOOSTED EARNINGS
cnbm plans to establish a joint venture company in Handan City to invest in the construction of an industrial production line project with an annual output of 0.05 million tons of rock wool board.
CNBM (03323) announced that on October 25, 2024, Handan Zhongcai, Nanjing Fiberglass Institute (an indirect subsidiary of the company), Beijing New Building Materials (a subsidiary of the company), and Bucky Wind Industry signed a capital contribution agreement. According to this agreement, the contracting parties agreed to establish a joint venture company in Handan City, Hebei Province, China, utilizing the "urban retreat and rural expansion" policy of Handan City and the proprietary technology of Nanjing Fiberglass Institute, selecting local industrial solid waste materials such as coal gangue and slag in Handan Revitalization Economic Development Zone to invest in and construct a 0.05 million-ton annual production line project for rock wool board industrialization. The registered capital of the joint venture company is RMB 80 million, with Handan Zhongcai, Nanjing Fiberglass Institute, Beijing New Building Materials.
Beijing New Building Materials Public (000786): Stable operation to maintain growth.
Events in the first three quarters of 2024: achieved revenue of 20.364 billion yuan, a year-on-year increase of 19.4%; attributable net income of 3.145 billion yuan, a year-on-year increase of 14.1%, non-GAAP net income of 3.069 billion yuan,
beijing new building materials public (000786): Plasterboard prices under pressure in 3Q24, second curve thickening profit.
3Q24 performance is lower than our expectations. The company announced 1-3Q24 performance: revenue increased by +19% to 20.4 billion yuan, net income attributable to the parent company increased by +14% to 3.1 billion yuan; among them, m3Q revenue increased by +20% to 6.8 billion.
Beijing New Building Materials Public (000786): Revenue hits a new high in the same period, with expenses increasing against the trend.
Company announcement: Beijing New Building Materials Public released the third quarter report for 2024 on the evening of October 24, 2024. The company achieved revenue of 20.36 billion yuan (+19.4% year-on-year) in the first three quarters, with a net income attributable to the mother of 3.15 billion yuan.
Beijing New Building Materials Public (000786): The "two-wing" business volume and quality are rising together, once again presenting a high-quality answer against the trend.
Event: The company released the third quarter report of 2024, achieving operating income, net income attributable to shareholders, and net income attributable to non-controlling interests of 20.364, 3.145, and 3.069 billion respectively, with year-on-year growth rates of +19.44%, +14.1%.
Chinese Shares Rebound Amid Stimulus Uncertainty; CATL Jumps 5% on New Battery Product
Beijing New Building Materials Public (000786) Quarterly Report Review: Revenue growth accelerates in Q3, with stable profitability.
The company released its third-quarter performance: Q3 revenue of 6.77 billion yuan, up 19.8% year-on-year; net profit attributable to the parent company of 0.93 billion yuan, up 8.2% year-on-year. The company achieved revenue of 20.36 billion yuan in the first three quarters, up 19.4% year-on-year.
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.
Beijing New Building Materials' Q3 Profit Rises 8%, Operating Income Climbs 20%; Shares Up 4%
cnbm (03323.HK)'s subsidiary Beijing New Building Materials Public earned 3.145 billion RMB in the first nine months, a growth of 14.1%.
cnbm (03323.HK) announced the performance of its subsidiary beijing new building materials public (000786.SZ) for the first nine months, achieving revenue of 20.364 billion RMB (same below), an annual increase of 19.4%. Net profit attributable to shareholders was 3.145 billion yuan, an increase of 14.1%, with earnings per share of 1.862 yuan.
Beixin Construction: Report for the third quarter of 2024