How does 4OJ's PS Ratio compare to its peers?

4OJ is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.8x).

How does 4OJ's PS Ratio compare vs other companies in the European Basic Materials Industry?

4OJ is good value based on its Price-To-Sales Ratio (0.5x) compared to the European Basic Materials industry average (1x).

What is 4OJ's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

4OJ is expensive based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).

What is the Fair Price of 4OJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

4OJ (€0.23) is trading above our estimate of [[fair value]] (€0.11)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Asia Cement (China) Holdings (DB:4OJ) - Stock Price, News & Analysis

4OJ Stock Overview

An investment holding company, manufactures and sells cement, concrete, and related products in People’s Republic of China. More details

4OJ fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	2/6

Risk Analysis

Earnings have declined by 52.6% per year over past 5 years

Highly volatile share price over the past 3 months compared to the German market

Dividend of 2.01% is not well covered by earnings

Asia Cement (China) Holdings Corporation Competitors

Sto SE KGaA

XTRA:STO3

€730.0m

Heidelberg Materials

XTRA:HEI

€21.4b

SIMONA

DB:SIM0

€357.0m

AlzChem Group

XTRA:ACT

€594.3m

Price History & Performance

Summary of all time highs, changes and price drops for Asia Cement (China) Holdings
Historical stock prices
Current Share Price	HK$0.23
52 Week High	HK$0.38
52 Week Low	HK$0.18
Beta	0.79
11 Month Change	-7.32%
3 Month Change	4.59%
1 Year Change	-5.00%
33 Year Change	-58.55%
5 Year Change	-81.16%
Change since IPO	-58.24%

Recent updates

Shareholder Returns

	4OJ	DE Basic Materials	DE Market
7D	-5.0%	1.3%	0.8%
1Y	-5.0%	43.0%	9.1%

Return vs Industry: 4OJ underperformed the German Basic Materials industry which returned 43.4% over the past year.

Return vs Market: 4OJ underperformed the German Market which returned 8.5% over the past year.

Price Volatility

Is 4OJ's price volatile compared to industry and market?
4OJ volatility
4OJ Average Weekly Movement	14.5%
Basic Materials Industry Average Movement	3.7%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.8%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 4OJ's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: 4OJ's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2004	2,912	Chen-Kuen Chang	www.achc.com.cn

Asia Cement (China) Holdings Corporation, an investment holding company, manufactures and sells cement, concrete, and related products in People’s Republic of China. It operates through Cement Business and Concrete Business segments. The company offers Portland cement clinker, general purpose Portland cement, moderate and low heat Portland cement, slag powder, limestone powder, ash powder, ready-mix concrete, and other products.

Asia Cement (China) Holdings Corporation Fundamentals Summary

How do Asia Cement (China) Holdings's earnings and revenue compare to its market cap?
4OJ fundamental statistics
Market cap	€420.12m
Earnings (TTM)	-€61.74m
Revenue (TTM)	€767.27m

0.5x

P/S Ratio

-6.8x

P/E Ratio

Is 4OJ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
4OJ income statement (TTM)
Revenue	CN¥5.83b
Cost of Revenue	CN¥5.38b
Gross Profit	CN¥449.42m
Other Expenses	CN¥918.49m
Earnings	-CN¥469.07m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.30
Gross Margin	7.71%
Net Profit Margin	-8.05%
Debt/Equity Ratio	6.7%

How did 4OJ perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

-13%

Payout Ratio

4OJ Stock Overview

Risk Analysis

Asia Cement (China) Holdings Corporation Competitors

XTRA:STO3

€730.0m

XTRA:HEI

€21.4b

DB:SIM0

€357.0m

XTRA:ACT

€594.3m

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.051 loss in 3Q 2023)

Asia Cement (China) Holdings Corporation Provides Consolidated Earnings Guidance for the Nine Months Ended 30 September 2024

Asia Cement (China) Holdings Corporation Announces Resignation of Lee Kao-Chao as an Independent Non-Executive Director, Chairman of the Independence Committee of the Board the Independence Committee and Member of the Audit Committee of the Board

Asia Cement (China) Holdings Corporation to Report Nine Months, 2024 Results on Oct 31, 2024

Asia Cement (China) Shareholders Reject Proposed Privatisation

Now 24% overvalued

Recent updates

Third quarter 2024 earnings released: CN¥0.035 loss per share (vs CN¥0.051 loss in 3Q 2023)

Asia Cement (China) Holdings Corporation Provides Consolidated Earnings Guidance for the Nine Months Ended 30 September 2024

Asia Cement (China) Holdings Corporation Announces Resignation of Lee Kao-Chao as an Independent Non-Executive Director, Chairman of the Independence Committee of the Board the Independence Committee and Member of the Audit Committee of the Board

Asia Cement (China) Holdings Corporation to Report Nine Months, 2024 Results on Oct 31, 2024

Asia Cement (China) Shareholders Reject Proposed Privatisation

Now 24% overvalued

Now 21% overvalued after recent price rise

Second quarter 2024 earnings released: CN¥0.17 loss per share (vs CN¥0.099 profit in 2Q 2023)

Asia Cement (China) Holdings Corporation to Report First Half, 2024 Results on Aug 02, 2024

Asia Cement (China) Holdings Corporation Announces Final Dividend for the Year Ended 31 December 2023, Payable on July 19, 2024

Asia Cement (China) Holdings Corporation, Annual General Meeting, Jun 07, 2024

First quarter 2024 earnings released: CN¥0.083 loss per share (vs CN¥0.026 profit in 1Q 2023)

Asia Cement (China) Holdings Corporation Announces Re-Designation of Directors

Asia Cement (China) Holdings Corporation to Report Q1, 2024 Results on Apr 29, 2024

Dividend of CN¥0.041 announced

Full year 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.27 in FY 2022)

Asia Cement (China) Holdings Corporation Proposes Final Ordinary Dividend for the Year Ended 31 December 2023, Payable on 19 July 2024

Asia Cement (China) Holdings Corporation to Report Fiscal Year 2023 Final Results on Mar 04, 2024

Now 20% undervalued after recent price drop

Third quarter 2023 earnings released: CN¥0.051 loss per share (vs CN¥0.038 profit in 3Q 2022)

Asia Cement (China) Holdings Corporation Provides Group Earnings Guidance for the Nine Months Ended September 30, 2023

Asia Cement (China) Holdings Corporation to Report Nine Months, 2023 Results on Oct 27, 2023

Second quarter 2023 earnings released: EPS: CN¥0.099 (vs CN¥0.12 in 2Q 2022)

Upcoming dividend of HK$0.18 per share at 4.4% yield

Asia Cement (China) Holdings Corporation Announces Director Changes

Full year 2022 earnings released: EPS: CN¥0.27 (vs CN¥1.13 in FY 2021)

Full year 2022 earnings released

Asia Cement (China) Holdings Corporation Provides Group Earnings Guidance for the Year Ended 31 December 2022

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: CN¥0.038 (vs CN¥0.19 in 3Q 2021)

Asia Cement (China) Holdings Corporation Provides Group Earnings Guidance for the Nine Months Ended 30 September 2022

Asia Cement (China) Holdings Corporation to Report Q3, 2022 Results on Oct 28, 2022

Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.39 in 2Q 2021)

Asia Cement (China) Holdings Corporation Announces Executive Changes

Asia Cement (China) Holdings Corporation to Report First Half, 2022 Results on Aug 05, 2022

Asia Cement (China) Holdings Corporation Provides Earnings Guidance for the Six Months Ended 30 June 2022

Upcoming dividend of HK$0.53 per share

Asia Cement (China) Holdings Corporation Announces Executive Changes

Jen-Ping Yu Transfers to the Deputy Chief Executive Officer of Asia Cement (China) Holdings Corporation

First quarter 2022 earnings released: EPS: CN¥0.079 (vs CN¥0.30 in 1Q 2021)

Less than half of directors are independent

Asia Cement (China) Holdings Corporation Provides Earnings Guidance for the Three Months Ended 31 March 2022

Asia Cement (China) Holdings Corporation to Report Q1, 2022 Results on Apr 28, 2022

Full year 2021 earnings released: EPS: CN¥1.13 (vs CN¥1.70 in FY 2020)

Asia Cement (China) Holdings Corporation Proposes Dividend for the Year Ended 31 December 2021, Payable on 22 July 2022

Asia Cement (China) Holdings Corporation Provides Group Earnings Guidance for the Year Ended 31 December 2021

Third quarter 2021 earnings released: EPS CN¥0.19 (vs CN¥0.48 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.43 in 2Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.39 (vs CN¥0.43 in 2Q 2020)

Asia Cement (China) Holdings Corporation Provides Earnings Guidance for the Three Months Ended 31 March 2021

Full year 2020 earnings released: EPS CN¥1.70 (vs CN¥2.01 in FY 2019)

New 90-day high: €0.82

Asia Cement (China) Holdings Corporation to Report Fiscal Year 2020 Results on Mar 23, 2021

New 90-day low: €0.70

New 90-day low: €0.71

Third quarter earnings released

New 90-day low: €0.72

Asia Cement (China) Holdings Corporation to Report Nine Months, 2020 Results on Oct 28, 2020

New 90-day low: €0.80

First half earnings released