Here's What Analysts Are Forecasting For China Resources Building Materials Technology Holdings Limited (HKG:1313) After Its Interim Results

Last week saw the newest half-yearly earnings release from China Resources Building Materials Technology Holdings Limited (HKG:1313), an important milestone in the company's journey to build a stronger business. Overall the results were a little better than the analysts were expecting, with revenues beating forecasts by 2.5%to hit CN¥10b. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Following last week's earnings report, China Resources Building Materials Technology Holdings' 15 analysts are forecasting 2025 revenues to be CN¥23.4b, approximately in line with the last 12 months. Per-share earnings are expected to bounce 151% to CN¥0.13. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥22.7b and earnings per share (EPS) of CN¥0.16 in 2025. So it's pretty clear the analysts have mixed opinions on China Resources Building Materials Technology Holdings after the latest results; even though they upped their revenue numbers, it came at the cost of a large cut to per-share earnings expectations.

View our latest analysis for China Resources Building Materials Technology Holdings

There's been no major changes to the price target of HK$2.21, suggesting that the impact of higher forecast revenue and lower earnings won't result in a meaningful change to the business' valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values China Resources Building Materials Technology Holdings at HK$2.80 per share, while the most bearish prices it at HK$1.70. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. One thing stands out from these estimates, which is that China Resources Building Materials Technology Holdings is forecast to grow faster in the future than it has in the past, with revenues expected to display 3.9% annualised growth until the end of 2025. If achieved, this would be a much better result than the 11% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 2.3% per year. Not only are China Resources Building Materials Technology Holdings' revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for China Resources Building Materials Technology Holdings. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple China Resources Building Materials Technology Holdings analysts - going out to 2027, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with China Resources Building Materials Technology Holdings .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.