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 companies in China, a Global building materials group with foreign and state-owned Shareholder backgrounds. As of the end of 2023, the company ranks 4th in global production capacity among Chinese cement enterprises, 6th in domestic capacity, 2nd in overseas production capacity, and 1st in overseas revenue scale. In most overseas regions, cement prices are far higher than those in China, with a generally better competitive landscape, maintaining a reasonable profit margin. The company's progress in going global is leading, and the outlook is promising, with a clear trend of profit recovery. Currently, the price-to-book ratio (PB) is only 0.9, which is at a historical low, suggesting significant recovery potential.

Gelonghui FinanceJan 3 16:01 · Ratings

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 have collectively fallen. As of the time of writing, BBMG Corporation (02009) is down 5% to 0.76 Hong Kong dollars; CONCH CEMENT (00914) is down 4.83% to 18.92 Hong Kong dollars; CR BLDG MAT TEC (01313) is down 3.14% to 1.54 Hong Kong dollars; Huaxin Cement (06655) is down 1.79% to 7.69 Hong Kong dollars.

Zhitong FinanceJan 2 14:43

Huaxin Cement (600801): A century of Huaxin expands growth space through overseas ventures and integration.

Report summary: One of the earliest Cement companies in China, a Global building materials group with foreign and state-owned Shareholder backgrounds. The company was founded in 1907, went public with A/B shares in 1994, and partnered with the Swiss Franc Holcim Group in 1999.

Northeast SecuritiesJan 2 11:27

Zhito Hong Kong Stock Shareholder equity disclosure | December 30.

Disclosure of Shareholder Equity in Hong Kong Stocks | December 30

Zhitong FinanceDec 30, 2024 08:05

Huaxin Cement (06655.HK) subsidiary properties were expropriated by the government, receiving compensation of 0.85 billion yuan.

Huaxin Cement (06655.HK) announced that its wholly-owned subsidiary Dongjun Cement and State-owned Kunming signed a compensation agreement on Wednesday (25th) with the Changshui Street Office of the People's Government of Guandu District, Kunming City, Yunnan Province. The agreement states that Dongjun Cement will transfer its approximately 0.29 million square meters of land use rights and the buildings, attachments, Machinery and other non-current assets on it, as well as the remaining unexploited mineral resource usage fees of the limestone mine under State-owned Kunming, to the Changshui Street Office of the People's Government of Guandu District, Kunming City, Yunnan Province, in exchange for a compensation of 0.85 billion yuan. The proceeds will be used as general operating funds for the group.

AASTOCKSDec 27, 2024 16:53

Express News | Huaxin Cement: Subsidiary sells Assets, trade price of 0.85 billion yuan.

BreakingsDec 27, 2024 16:19