China National Building Material Company Limited, an investment holding company, engages in cement, new materials, and engineering services businesses. More Details
Undervalued with solid track record and pays a dividend.
Share Price & News
How has China National Building Material's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3323 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 3323's weekly volatility (3%) has been stable over the past year.
7 Day Return
HK Basic Materials
1 Year Return
HK Basic Materials
Return vs Industry: 3323 exceeded the Hong Kong Basic Materials industry which returned -27.7% over the past year.
Return vs Market: 3323 underperformed the Hong Kong Market which returned 10% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is China National Building Material's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StChina National Building Material (HKG:3323) Has Gifted Shareholders With A Fantastic 176% Total Return On Their Investment
1 month ago | Simply Wall StThere's Been No Shortage Of Growth Recently For China National Building Material's (HKG:3323) Returns On Capital
1 month ago | Simply Wall StChina National Building Material (HKG:3323) Takes On Some Risk With Its Use Of Debt
Is China National Building Material undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3323 (HK$9.36) is trading below our estimate of fair value (HK$63.82)
Significantly Below Fair Value: 3323 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3323's PE Ratio (4.7x) is in line with the Hong Kong Basic Materials industry average.
PE vs Market: 3323 is good value based on its PE Ratio (4.7x) compared to the Hong Kong market (10.8x).
Price to Earnings Growth Ratio
PEG Ratio: 3323 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 3323 is good value based on its PB Ratio (0.6x) compared to the HK Basic Materials industry average (0.7x).
How is China National Building Material forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3323's forecast earnings growth (8% per year) is above the savings rate (1.5%).
Earnings vs Market: 3323's earnings (8% per year) are forecast to grow slower than the Hong Kong market (18.9% per year).
High Growth Earnings: 3323's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3323's revenue (2.8% per year) is forecast to grow slower than the Hong Kong market (12.7% per year).
High Growth Revenue: 3323's revenue (2.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3323's Return on Equity is forecast to be low in 3 years time (15%).
How has China National Building Material performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3323 has high quality earnings.
Growing Profit Margin: 3323's current net profit margins (5.2%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: 3323's earnings have grown significantly by 41.6% per year over the past 5 years.
Accelerating Growth: 3323's earnings growth over the past year (55%) exceeds its 5-year average (41.6% per year).
Earnings vs Industry: 3323 earnings growth over the past year (55%) exceeded the Basic Materials industry 2.3%.
Return on Equity
High ROE: 3323's Return on Equity (14%) is considered low.
How is China National Building Material's financial position?
Financial Position Analysis
Short Term Liabilities: 3323's short term assets (CN¥167.0B) do not cover its short term liabilities (CN¥204.2B).
Long Term Liabilities: 3323's short term assets (CN¥167.0B) exceed its long term liabilities (CN¥96.9B).
Debt to Equity History and Analysis
Debt Level: 3323's debt to equity ratio (90.9%) is considered high.
Reducing Debt: 3323's debt to equity ratio has reduced from 254.5% to 90.9% over the past 5 years.
Debt Coverage: 3323's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 3323's interest payments on its debt are well covered by EBIT (15.9x coverage).
What is China National Building Material current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3323's dividend (6.04%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.01%).
High Dividend: 3323's dividend (6.04%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.33%).
Stability and Growth of Payments
Stable Dividend: 3323's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3323's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.4%), 3323's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3323's dividends in 3 years are forecast to be well covered by earnings (29.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shou Peng (61 yo)
Mr. Shou Peng has been President of China National Building Material Company Limited since June 13, 2018 and also served as its Vice President since March 2005 until June 13, 2018. Mr. Peng has many years ...
CEO Compensation Analysis
Compensation vs Market: Shou's total compensation ($USD331.97K) is below average for companies of similar size in the Hong Kong market ($USD1.04M).
Compensation vs Earnings: Shou's compensation has been consistent with company performance over the past year.
Experienced Management: 3323's management team is seasoned and experienced (7.5 years average tenure).
Experienced Board: 3323's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China National Building Material Company Limited's company bio, employee growth, exchange listings and data sources
- Name: China National Building Material Company Limited
- Ticker: 3323
- Exchange: SEHK
- Founded: 2005
- Industry: Construction Materials
- Sector: Materials
- Market Cap: HK$78.949b
- Shares outstanding: 8.43b
- Website: https://www.cnbmltd.com
Number of Employees
- China National Building Material Company Limited
- Guohai Plaza, Tower 2
- 21st Floor
China National Building Material Company Limited, an investment holding company, engages in cement, new materials, and engineering services businesses. The company operates in five segments: Cement, Concre...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/22 17:25|
|End of Day Share Price||2021/07/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.