SEHK:3323

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China National Building Material

Executive Summary

China National Building Material Company Limited, an investment holding company, engages in cement, new materials, and engineering services businesses. More Details


Snowflake Analysis

Undervalued with proven track record and pays a dividend.


Similar Companies

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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.4%

3323

1.9%

HK Basic Materials

1.5%

HK Market


1 Year Return

48.9%

3323

19.1%

HK Basic Materials

1.4%

HK Market

Return vs Industry: 3323 exceeded the Hong Kong Basic Materials industry which returned 19.1% over the past year.

Return vs Market: 3323 exceeded the Hong Kong Market which returned 1.4% over the past year.


Shareholder returns

3323IndustryMarket
7 Day0.4%1.9%1.5%
30 Day-7.4%-2.0%-0.7%
90 Day23.2%9.1%3.6%
1 Year55.4%48.9%24.3%19.1%5.4%1.4%
3 Year99.8%82.6%66.5%48.7%-4.3%-14.6%
5 Year157.1%129.6%137.4%104.1%24.7%3.7%

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

Valuation

Is China National Building Material undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3323 (HK$10.72) is trading below our estimate of fair value (HK$24.79)

Significantly Below Fair Value: 3323 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3323 is good value based on its PE Ratio (7.4x) compared to the HK Basic Materials industry average (7.6x).

PE vs Market: 3323 is good value based on its PE Ratio (7.4x) compared to the Hong Kong market (11.1x).


Price to Earnings Growth Ratio

PEG Ratio: 3323 is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: 3323's PB Ratio (0.7x) is in line with the HK Basic Materials industry average.


Next Steps

Future Growth

How is China National Building Material forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

10.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3323's forecast earnings growth (10.8% per year) is above the savings rate (1.6%).

Earnings vs Market: 3323's earnings (10.8% per year) are forecast to grow slower than the Hong Kong market (22.5% per year).

High Growth Earnings: 3323's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3323's revenue (1.4% per year) is forecast to grow slower than the Hong Kong market (13.2% per year).

High Growth Revenue: 3323's revenue (1.4% 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 (13.3%).


Next Steps

Past Performance

How has China National Building Material performed over the past 5 years?

41.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3323 has high quality earnings.

Growing Profit Margin: 3323's current net profit margins (4.3%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: 3323's earnings have grown significantly by 41.2% per year over the past 5 years.

Accelerating Growth: 3323's earnings growth over the past year (7.1%) is below its 5-year average (41.2% per year).

Earnings vs Industry: 3323 earnings growth over the past year (7.1%) exceeded the Basic Materials industry 6.8%.


Return on Equity

High ROE: 3323's Return on Equity (12.2%) is considered low.


Next Steps

Financial Health

How is China National Building Material's financial position?


Financial Position Analysis

Short Term Liabilities: 3323's short term assets (CN¥162.3B) do not cover its short term liabilities (CN¥210.5B).

Long Term Liabilities: 3323's short term assets (CN¥162.3B) exceed its long term liabilities (CN¥89.2B).


Debt to Equity History and Analysis

Debt Level: 3323's debt to equity ratio (119%) is considered high.

Reducing Debt: 3323's debt to equity ratio has reduced from 284.5% to 119% over the past 5 years.

Debt Coverage: 3323's debt is well covered by operating cash flow (34.9%).

Interest Coverage: 3323's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Next Steps

Dividend

What is China National Building Material current dividend yield, its reliability and sustainability?

3.74%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3323's dividend (3.74%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 3323's dividend (3.74%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.91%).


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 (27.8%), 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 (26.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.1yrs

Average management tenure


CEO

Shou Peng (60 yo)

2.25yrs

Tenure

CN¥2,125,000

Compensation

Mr. Peng Shou 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 over 30 yea ...


CEO Compensation Analysis

Compensation vs Market: Shou's total compensation ($USD314.18K) is below average for companies of similar size in the Hong Kong market ($USD806.27K).

Compensation vs Earnings: Shou's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jianglin Cao
Executive Chairman2.25yrsno datano data
Shou Peng
President & Executive Director2.25yrsCN¥2.13mno data
Xingtai Cui
VP & Executive Director11.08yrsCN¥1.98mno data
Zhangli Chang
Non-Executive Director8.83yrsno datano data
Xue'an Chen
CFO & VP15.5yrsno datano data
HongYan Pei
Chief Accountantno datano datano data
Shuhong Cui
General Manager of Administration & Human Resources Department15.42yrsCN¥309.00kno data
Yanjun Yang
Deputy General Managerno datano datano data
Kaijun Yu
VP & Secretary of the Board2.25yrsno datano data
Mei Yi Lee
Joint Company Secretary0.67yrno datano data

11.1yrs

Average Tenure

53yo

Average Age

Experienced Management: 3323's management team is seasoned and experienced (11.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jianglin Cao
Executive Chairman2.25yrsno datano data
Shou Peng
President & Executive Director2.25yrsCN¥2.13mno data
Xingtai Cui
VP & Executive Director11.08yrsCN¥1.98mno data
Zhangli Chang
Non-Executive Director8.83yrsno datano data
Yanjun Sun
Independent Non-Executive Director5.92yrsCN¥300.00kno data
Zheng Tao
Non-Executive Director5.92yrsno datano data
Fangsheng Zhou
Independent Non-Executive Director4.33yrsCN¥300.00kno data
Yongxin Chen
Non-Executive Director4.33yrsno datano data
Jianwen Liu
Independent Non-Executive Director4.33yrsCN¥300.00kno data
Xue Xia
Independent Non-Executive Director4.33yrsCN¥300.00kno data
Xinhua Li
Chairman of the Supervisory Committee2.25yrsno datano data
Yungang Shen
Non-Executive Director2.25yrsno datano data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Board: 3323's board of directors are considered experienced (4.3 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China National Building Material Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China National Building Material Company Limited
  • Ticker: 3323
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: HK$90.421b
  • Shares outstanding: 8.43b
  • Website: https://www.cnbmltd.com

Number of Employees


Location

  • China National Building Material Company Limited
  • Guohai Plaza, Tower 2
  • 21st Floor
  • Beijing
  • Beijing Province
  • 100036
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3323SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDMar 2006
D1YDB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURMar 2006
CBUM.FOTCPK (Pink Sheets LLC)YesForeign Shares-Foreign ListedUSUSDMar 2006
3323SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDMar 2006
3323SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDMar 2006
CBUM.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2008

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 19:25
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.