Announcement • 14h
Beijing New Building Materials Public Limited Company to Report First Half, 2026 Results on Aug 21, 2026 Beijing New Building Materials Public Limited Company announced that they will report first half, 2026 results on Aug 21, 2026 Declared Dividend • Jun 10
Dividend of CN¥0.69 announced Shareholders will receive a dividend of CN¥0.69. Ex-date: 12th June 2026 Payment date: 12th June 2026 Dividend yield will be 3.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 09
Beijing New Building Materials Public Limited Company Announces Final Profit Distribution Plan to Be Implemented on A Share for 2025, Payable on 12 June 2026 Beijing New Building Materials Public Limited Company announced a final profit distribution plan to be implemented on A share with cash dividend of CNY 6.85000000 per 10 shares for 2025. The record date is June 11, 2026, and the payment date is June 12, 2026. The ex-date is June 12, 2026. Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Director Zhenzhu Ma was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 29
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: CN¥0.47 (down from CN¥0.50 in 1Q 2025). Revenue: CN¥6.16b (down 1.3% from 1Q 2025). Net income: CN¥803.8m (down 4.6% from 1Q 2025). Profit margin: 13% (in line with 1Q 2025). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 21%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat. Major Estimate Revision • Apr 01
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from CN¥28.6b to CN¥28.2b. EPS estimate also fell from CN¥2.47 per share to CN¥2.06 per share. Net income forecast to grow 20% next year vs 31% growth forecast for Building industry in China. Consensus price target broadly unchanged at CN¥32.71. Share price rose 2.2% to CN¥26.04 over the past week. Announcement • Mar 31
Beijing New Building Materials Public Limited Company to Report Q1, 2026 Results on Apr 29, 2026 Beijing New Building Materials Public Limited Company announced that they will report Q1, 2026 results on Apr 29, 2026 Reported Earnings • Mar 27
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥1.72 (down from CN¥2.16 in FY 2024). Revenue: CN¥25.3b (down 2.1% from FY 2024). Net income: CN¥2.91b (down 20% from FY 2024). Profit margin: 12% (down from 14% in FY 2024). Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year. Announcement • Mar 25
Beijing New Building Materials Public Limited Company, Annual General Meeting, Apr 28, 2026 Beijing New Building Materials Public Limited Company, Annual General Meeting, Apr 28, 2026, at 14:30 China Standard Time. Location: The Company's Meeting Room, Future Science City, Beijing China Announcement • Dec 31
Beijing New Building Materials Public Limited Company to Report Fiscal Year 2025 Results on Mar 26, 2026 Beijing New Building Materials Public Limited Company announced that they will report fiscal year 2025 results on Mar 26, 2026 Major Estimate Revision • Oct 31
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from CN¥27.0b to CN¥26.3b. EPS estimate also fell from CN¥2.36 per share to CN¥1.92 per share. Net income forecast to grow 34% next year vs 34% growth forecast for Building industry in China. Consensus price target down from CN¥34.68 to CN¥33.52. Share price was steady at CN¥23.77 over the past week. Reported Earnings • Oct 25
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: CN¥0.39 (down from CN¥0.55 in 3Q 2024). Revenue: CN¥6.35b (down 6.2% from 3Q 2024). Net income: CN¥656.8m (down 30% from 3Q 2024). Profit margin: 10% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year. Announcement • Sep 30
Beijing New Building Materials Public Limited Company to Report Q3, 2025 Results on Oct 25, 2025 Beijing New Building Materials Public Limited Company announced that they will report Q3, 2025 results on Oct 25, 2025 Reported Earnings • Aug 19
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: CN¥0.64 (down from CN¥0.82 in 2Q 2024). Revenue: CN¥7.31b (down 4.5% from 2Q 2024). Net income: CN¥1.09b (down 22% from 2Q 2024). Profit margin: 15% (down from 18% in 2Q 2024). Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Announcement • Jul 02
Beijing New Building Materials Public Limited Company to Report First Half, 2025 Results on Aug 19, 2025 Beijing New Building Materials Public Limited Company announced that they will report first half, 2025 results on Aug 19, 2025 Declared Dividend • Jun 09
Dividend of CN¥0.86 announced Shareholders will receive a dividend of CN¥0.86. Ex-date: 13th June 2025 Payment date: 13th June 2025 Dividend yield will be 3.1%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 55% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 25
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: EPS: CN¥0.50 (up from CN¥0.49 in 1Q 2024). Revenue: CN¥6.25b (up 5.1% from 1Q 2024). Net income: CN¥842.2m (up 2.5% from 1Q 2024). Profit margin: 14% (in line with 1Q 2024). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Announcement • Apr 19
Beijing New Building Materials Public Limited Company Approves Cash Dividend for 2024 Beijing New Building Materials Public Limited Company at its Annual General Meeting held on 17 April 2025 approved cash dividend of CNY 8.65000000 per 10 shares (tax included) for 2024. Announcement • Mar 31
Beijing New Building Materials Public Limited Company to Report Q1, 2025 Results on Apr 25, 2025 Beijing New Building Materials Public Limited Company announced that they will report Q1, 2025 results on Apr 25, 2025 Announcement • Mar 28
Beijing New Building Materials Public Limited Company Announces the Profit Distribution Proposal for 2024 Beijing New Building Materials Public Limited Company announced on 27 March 2025 the profit distribution proposal for 2024 as Cash dividend/10 shares (tax included): CNY 8.65000000. Reported Earnings • Mar 27
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥2.16 (up from CN¥2.09 in FY 2023). Revenue: CN¥25.8b (up 15% from FY 2023). Net income: CN¥3.65b (up 3.5% from FY 2023). Profit margin: 14% (down from 16% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 27
Beijing New Building Materials Public Limited Company, Annual General Meeting, Apr 17, 2025 Beijing New Building Materials Public Limited Company, Annual General Meeting, Apr 17, 2025, at 14:30 China Standard Time. Location: The Company's Meeting Room, Future Science City, Beijing China Announcement • Dec 31
Beijing New Building Materials Public Limited Company to Report Fiscal Year 2024 Results on Mar 27, 2025 Beijing New Building Materials Public Limited Company announced that they will report fiscal year 2024 results on Mar 27, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: CN¥0.55 (up from CN¥0.51 in 3Q 2023). Revenue: CN¥6.77b (up 20% from 3Q 2023). Net income: CN¥931.2m (up 8.2% from 3Q 2023). Profit margin: 14% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. Announcement • Sep 30
Beijing New Building Materials Public Limited Company to Report Q3, 2024 Results on Oct 25, 2024 Beijing New Building Materials Public Limited Company announced that they will report Q3, 2024 results on Oct 25, 2024 Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥29.15, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Building industry in China. Total loss to shareholders of 1.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.75 per share. Reported Earnings • Aug 23
Second quarter 2024 earnings: EPS misses analyst expectations Second quarter 2024 results: EPS: CN¥0.82 (up from CN¥0.77 in 2Q 2023). Revenue: CN¥7.65b (up 15% from 2Q 2023). Net income: CN¥1.39b (up 6.7% from 2Q 2023). Profit margin: 18% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Beijing New Building Materials Public Limited Company to Report First Half, 2024 Results on Aug 21, 2024 Beijing New Building Materials Public Limited Company announced that they will report first half, 2024 results on Aug 21, 2024 Declared Dividend • Jun 14
Dividend of CN¥0.83 announced Shareholders will receive a dividend of CN¥0.83. Ex-date: 19th June 2024 Payment date: 19th June 2024 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 13
Beijing New Building Materials Public Limited Company Approves 2023 Final Dividend for A Shares, Payable on 19 June 2024 Beijing New Building Materials Public Limited Company approved 2023 final distribution plan to be implemented (A shares) cash dividend/10 shares tax included of CNY 8.35000000. Record date: 18 June 2024. Ex-date: 19 June 2024. Payment date: 19 June 2024. Reported Earnings • Apr 28
First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2024 results: EPS: CN¥0.49 (up from CN¥0.35 in 1Q 2023). Revenue: CN¥5.94b (up 25% from 1Q 2023). Net income: CN¥822.0m (up 38% from 1Q 2023). Profit margin: 14% (up from 13% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Beijing New Building Materials Public Limited Company to Report Q1, 2024 Results on Apr 27, 2024 Beijing New Building Materials Public Limited Company announced that they will report Q1, 2024 results on Apr 27, 2024 Announcement • Mar 20
Beijing New Building Materials Public Limited Company, Annual General Meeting, Apr 26, 2024 Beijing New Building Materials Public Limited Company, Annual General Meeting, Apr 26, 2024, at 14:30 China Standard Time. Location: 17F, Tower A, No. 9, Qibei Road, Future Science City, Beijing China Reported Earnings • Mar 20
Full year 2023 earnings: EPS misses analyst expectations Full year 2023 results: EPS: CN¥2.09 (up from CN¥1.86 in FY 2022). Revenue: CN¥22.4b (up 13% from FY 2022). Net income: CN¥3.52b (up 12% from FY 2022). Profit margin: 16% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.5%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Dec 29
Beijing New Building Materials Public Limited Company to Report Fiscal Year 2023 Results on Mar 20, 2024 Beijing New Building Materials Public Limited Company announced that they will report fiscal year 2023 results on Mar 20, 2024 Buying Opportunity • Nov 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be CN¥29.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 3.1%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 37% in the next 2 years. Reported Earnings • Oct 27
Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2023 results: EPS: CN¥0.51 (up from CN¥0.42 in 3Q 2022). Revenue: CN¥5.65b (up 14% from 3Q 2022). Net income: CN¥860.4m (up 22% from 3Q 2022). Profit margin: 15% (in line with 3Q 2022). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 8.6%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 19
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: CN¥0.77 (up from CN¥0.64 in 2Q 2022). Revenue: CN¥6.68b (up 16% from 2Q 2022). Net income: CN¥1.30b (up 21% from 2Q 2022). Profit margin: 20% (in line with 2Q 2022). Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jul 01
Beijing New Building Materials Public Limited Company to Report First Half, 2023 Results on Aug 19, 2023 Beijing New Building Materials Public Limited Company announced that they will report first half, 2023 results on Aug 19, 2023 Announcement • Jun 03
Beijing New Building Materials Public Limited Company Announces Implementation of Cash Dividend for 2022, Payable on 09 June 2023 Beijing New Building Materials Public Limited Company announced implementation of cash dividend (tax included) of CNY 6.55000000 per 10 shares for 2022, Record date is 08 June 2023; Ex-date is 09 June 2023; Payment date is 09 June 2023. Reported Earnings • Mar 22
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥1.86 (down from CN¥2.08 in FY 2021). Revenue: CN¥19.9b (down 5.5% from FY 2021). Net income: CN¥3.14b (down 11% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 16
Price target decreased to CN¥33.32 Down from CN¥37.42, the current price target is an average from 9 analysts. New target price is 28% above last closing price of CN¥26.12. Stock is down 6.1% over the past year. The company is forecast to post earnings per share of CN¥1.86 for next year compared to CN¥2.08 last year. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Wang Jingda was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Major Estimate Revision • Nov 02
Consensus EPS estimates fall by 21% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥23.3b to CN¥21.0b. EPS estimate also fell from CN¥2.28 per share to CN¥1.81 per share. Net income forecast to grow 28% next year vs 48% growth forecast for Building industry in China. Consensus price target down from CN¥37.42 to CN¥33.77. Share price fell 3.2% to CN¥21.58 over the past week. Price Target Changed • Oct 30
Price target decreased to CN¥33.77 Down from CN¥37.42, the current price target is an average from 9 analysts. New target price is 60% above last closing price of CN¥21.10. Stock is down 25% over the past year. The company is forecast to post earnings per share of CN¥1.81 for next year compared to CN¥2.08 last year. Reported Earnings • Oct 27
Third quarter 2022 earnings: EPS and revenues miss analyst expectations Third quarter 2022 results: EPS: CN¥0.42 (down from CN¥0.52 in 3Q 2021). Revenue: CN¥4.94b (down 15% from 3Q 2021). Net income: CN¥707.6m (down 20% from 3Q 2021). Profit margin: 14% (down from 15% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 34%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Price Target Changed • Oct 22
Price target decreased to CN¥36.89 Down from CN¥39.85, the current price target is an average from 9 analysts. New target price is 60% above last closing price of CN¥23.11. Stock is down 29% over the past year. The company is forecast to post earnings per share of CN¥2.28 for next year compared to CN¥2.08 last year. Reported Earnings • Aug 21
Second quarter 2022 earnings: EPS and revenues miss analyst expectations Second quarter 2022 results: EPS: CN¥0.64 (down from CN¥0.78 in 2Q 2021). Revenue: CN¥5.76b (down 3.2% from 2Q 2021). Net income: CN¥1.08b (down 18% from 2Q 2021). Profit margin: 19% (down from 22% in 2Q 2021). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 15%, compared to a 42% growth forecast for the Building industry in China. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Jun 03
Beijing New Building Materials Public Limited Company Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on June 9, 2022 Beijing New Building Materials Public Limited Company announced 2021 final profit distribution plan to be implemented (A shares), Payable on June 9, 2022. The company announced Cash dividend/10 shares (tax included) of CNY 6.55000000. The record date is June 8, 2022 and ex-date is June 9, 2022. Board Change • May 12
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Wang Jingda was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • May 02
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: CN¥0.33 (up from CN¥0.31 in 1Q 2021). Revenue: CN¥4.61b (up 11% from 1Q 2021). Net income: CN¥559.9m (up 7.3% from 1Q 2021). Profit margin: 12% (in line with 1Q 2021). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 5.4%. Over the next year, revenue is forecast to grow 15%, compared to a 34% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Apr 14
Beijing New Building Materials Public Limited Company Approves the Cash Dividend for the Year 2021 Beijing New Building Materials Public Limited Company at its annual general meeting of 2021 held on 12 April 2022, approved the profit distribution proposal of cash dividend CNY 6.55000000for the year 2021. Announcement • Jan 20
Beijing New Building Materials Public Limited Company Provides Earnings Guidance for the Full Year Ended December 31, 2021 Beijing New Building Materials Public Limited Company provided earnings guidance for the full year ended December 31, 2021. For the year, the company expects the net profit attributable to shareholders of the company to be in the range of RMB 3,433.60 million to RMB 3,720.00 million and basic earnings per share to be in the range of RMB 2.032 per share to RMB 2.202 per share. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥36.40, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Building industry in China. Total returns to shareholders of 176% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥56.76 per share. Price Target Changed • Dec 17
Price target decreased to CN¥44.36 Down from CN¥49.08, the current price target is an average from 15 analysts. New target price is 41% above last closing price of CN¥31.36. Stock is down 12% over the past year. The company is forecast to post earnings per share of CN¥2.21 for next year compared to CN¥1.69 last year. Price Target Changed • Nov 02
Price target decreased to CN¥44.54 Down from CN¥49.08, the current price target is an average from 14 analysts. New target price is 64% above last closing price of CN¥27.20. Stock is down 23% over the past year. The company is forecast to post earnings per share of CN¥2.22 for next year compared to CN¥1.69 last year. Reported Earnings • Oct 27
Third quarter 2021 earnings released: EPS CN¥0.52 (vs CN¥0.65 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: CN¥5.80b (up 13% from 3Q 2020). Net income: CN¥885.8m (down 20% from 3Q 2020). Profit margin: 15% (down from 21% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 26% per year. Price Target Changed • Oct 23
Price target decreased to CN¥49.08 Down from CN¥53.29, the current price target is an average from 14 analysts. New target price is 51% above last closing price of CN¥32.42. Stock is down 8.9% over the past year. The company is forecast to post earnings per share of CN¥2.31 for next year compared to CN¥1.69 last year. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to CN¥31.97, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Building industry in China. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥50.56 per share. Director Overboarding • Aug 28
Director Zhangli Chang sitting on 4 company boards Director Zhangli Chang has been appointed as the CEO of China National Building Material Company Limited (SEHK:3323). Chang now sits on a total of 4 company boards. With 4 board positions including the role of CEO at China National Building Material Company Limited (SEHK:3323), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 28
Director Zhangli Chang sitting on 4 company boards Director Zhangli Chang has been appointed as the CEO of China National Building Material Company Limited (SEHK:3323). Chang now sits on a total of 4 company boards. With 4 board positions including the role of CEO at China National Building Material Company Limited (SEHK:3323), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 28
Director Zhangli Chang sitting on 4 company boards Director Zhangli Chang has been appointed as the CEO of China National Building Material Company Limited (SEHK:3323). Chang now sits on a total of 4 company boards. With 4 board positions including the role of CEO at China National Building Material Company Limited (SEHK:3323), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 28
Director Zhangli Chang sitting on 4 company boards Director Zhangli Chang has been appointed as the CEO of China National Building Material Company Limited (SEHK:3323). Chang now sits on a total of 4 company boards. With 4 board positions including the role of CEO at China National Building Material Company Limited (SEHK:3323), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 28
Director Zhangli Chang sitting on 4 company boards Director Zhangli Chang has been appointed as the CEO of China National Building Material Company Limited (SEHK:3323). Chang now sits on a total of 4 company boards. With 4 board positions including the role of CEO at China National Building Material Company Limited (SEHK:3323), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 28
Director Zhangli Chang sitting on 4 company boards Director Zhangli Chang has been appointed as the CEO of China National Building Material Company Limited (SEHK:3323). Chang now sits on a total of 4 company boards. With 4 board positions including the role of CEO at China National Building Material Company Limited (SEHK:3323), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 28
Director Zhangli Chang sitting on 4 company boards Director Zhangli Chang has been appointed as the CEO of China National Building Material Company Limited (SEHK:3323). Chang now sits on a total of 4 company boards. With 4 board positions including the role of CEO at China National Building Material Company Limited (SEHK:3323), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Reported Earnings • Aug 22
Second quarter 2021 earnings released: EPS CN¥0.78 (vs CN¥0.51 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥5.95b (up 23% from 2Q 2020). Net income: CN¥1.32b (up 51% from 2Q 2020). Profit margin: 22% (up from 18% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥32.96, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Building industry in China. Total returns to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥49.97 per share. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.31 (vs CN¥0.02 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥4.17b (up 101% from 1Q 2020). Net income: CN¥522.0m (up CN¥488.7m from 1Q 2020). Profit margin: 13% (up from 1.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Announcement • Apr 14
Beijing New Building Materials Public Limited Company Provides Earnings Guidance for the Three Months Ending March 31, 2021 Beijing New Building Materials Public Limited Company provided earnings guidance for the three months ending March 31, 2021. For the period, the company expects net profit attributable to shareholders of company in the range of RMB 500 million to RMB 580 million and basic earnings per share is in the range of approximately RMB 0.296 to RMB 0.343. Reported Earnings • Mar 21
Full year 2020 earnings released: EPS CN¥1.69 (vs CN¥0.26 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥16.8b (up 26% from FY 2019). Net income: CN¥2.86b (up CN¥2.42b from FY 2019). Profit margin: 17% (up from 3.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Announcement • Feb 18
Beijing New Building Materials Public Limited Company to Report Fiscal Year 2020 Results on Mar 20, 2021 Beijing New Building Materials Public Limited Company announced that they will report fiscal year 2020 results on Mar 20, 2021 Is New 90 Day High Low • Feb 08
New 90-day high: CN¥54.30 The company is up 39% from its price of CN¥38.98 on 10 November 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥8.57 per share. Is New 90 Day High Low • Jan 20
New 90-day high: CN¥51.39 The company is up 40% from its price of CN¥36.74 on 22 October 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥8.53 per share. Price Target Changed • Jan 14
Price target raised to CN¥46.70 Up from CN¥40.81, the current price target is an average from 14 analysts. The new target price is close to the current share price of CN¥48.65. As of last close, the stock is up 86% over the past year. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥50.00, the stock is trading at a trailing P/E ratio of 32.6x, up from the previous P/E ratio of 27.2x. This compares to an average P/E of 25x in the Building industry in China. Total returns to shareholders over the past three years are 116%. Is New 90 Day High Low • Jan 04
New 90-day high: CN¥41.67 The company is up 35% from its price of CN¥30.90 on 30 September 2020. The Chinese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥7.97 per share. Announcement • Jan 01
Beijing New Building Materials Public Limited Company (SZSE:000786) signed an agreement to acquire CNBM Suzhou Waterproof Institute Co., Ltd. from China National Building Material Assets Management Corporation for CNY 69.2 million. Beijing New Building Materials Public Limited Company (SZSE:000786) signed an agreement to acquire CNBM Suzhou Waterproof Institute Co., Ltd. from China National Building Material Assets Management Corporation for CNY 69.2 million on December 30, 2020. The consideration is payable in cash and in instalments, Beijing New Building Materials shall pay 30% of the consideration within 10 business days of the agreement becoming effective, next 50% of the consideration will be paid within 10 business days after the equity interests in Suzhou Waterproof Institute are transferred, and remaining will be paid within 6 months after the equity interests in Suzhou Waterproof Institute are transferred. Upon completion of the Acquisition, Suzhou Waterproof Institute will become a wholly-owned subsidiary of Beijing New Building Materials. Audited net assets of Suzhou Waterproof Institute as of October 31, 2020 was CNY 26 million. The agreement will become effective after due execution of the agreement by both parties and approval by the parties’ respective competent departments. Is New 90 Day High Low • Nov 11
New 90-day high: CN¥40.00 The company is up 35% from its price of CN¥29.66 on 13 August 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥6.21 per share. Price Target Changed • Nov 03
Price target raised to CN¥40.52 Up from CN¥37.60, the current price target is an average from 14 analysts. The new target price is 15% above the current share price of CN¥35.37. As of last close, the stock is up 68% over the past year. 