914 Stock Overview
Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products.
Anhui Conch Cement Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$39.95|
|52 Week High||HK$53.60|
|52 Week Low||HK$35.10|
|1 Month Change||1.14%|
|3 Month Change||-5.67%|
|1 Year Change||-22.13%|
|3 Year Change||2.17%|
|5 Year Change||53.95%|
|Change since IPO||7,632.40%|
Recent News & Updates
Anhui Conch Cement (HKG:914) Is Investing Its Capital With Increasing Efficiency
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Is Anhui Conch Cement Company Limited (HKG:914) Trading At A 37% Discount?
Does the November share price for Anhui Conch Cement Company Limited ( HKG:914 ) reflect what it's really worth? Today...
Anhui Conch Cement (HKG:914) Has A Rock Solid Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|914||HK Basic Materials||HK Market|
Return vs Industry: 914 underperformed the Hong Kong Basic Materials industry which returned -16.4% over the past year.
Return vs Market: 914 underperformed the Hong Kong Market which returned -11.9% over the past year.
|914 Average Weekly Movement||3.7%|
|Basic Materials Industry Average Movement||5.1%|
|Market Average Movement||6.7%|
|10% most volatile stocks in HK Market||13.3%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 914 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 914's weekly volatility (4%) has been stable over the past year.
About the Company
Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company conducts its operations through five segments, which include Eastern China, Central China, Southern China, Western China, and Overseas. It provides Portland cement, ordinary Portland cement, slag Portland cement, composite Portland cement under the Conch brand.
Anhui Conch Cement Fundamentals Summary
|914 fundamental statistics|
Is 914 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|914 income statement (TTM)|
|Cost of Revenue||CN¥124.89b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||6.19|
|Net Profit Margin||18.85%|
How did 914 perform over the long term?See historical performance and comparison
6.4%Current Dividend Yield
Is Anhui Conch Cement 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: 914 (HK$39.95) is trading below our estimate of fair value (HK$61.5)
Significantly Below Fair Value: 914 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 914 is good value based on its PE Ratio (5.3x) compared to the Hong Kong Basic Materials industry average (6x).
PE vs Market: 914 is good value based on its PE Ratio (5.3x) compared to the Hong Kong market (9.1x).
Price to Earnings Growth Ratio
PEG Ratio: 914's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 914 is overvalued based on its PB Ratio (1x) compared to the HK Basic Materials industry average (0.6x).
How is Anhui Conch Cement forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 914's earnings are forecast to decline over the next 3 years (-1.6% per year).
Earnings vs Market: 914's earnings are forecast to decline over the next 3 years (-1.6% per year).
High Growth Earnings: 914's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 914's revenue (0.3% per year) is forecast to grow slower than the Hong Kong market (11.7% per year).
High Growth Revenue: 914's revenue (0.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 914's Return on Equity is forecast to be low in 3 years time (13.1%).
How has Anhui Conch Cement performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 914 has high quality earnings.
Growing Profit Margin: 914's current net profit margins (18.8%) are lower than last year (20.3%).
Past Earnings Growth Analysis
Earnings Trend: 914's earnings have grown significantly by 24.4% per year over the past 5 years.
Accelerating Growth: 914's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 914 had negative earnings growth (-5%) over the past year, making it difficult to compare to the Basic Materials industry average (-4.9%).
Return on Equity
High ROE: 914's Return on Equity (18.8%) is considered low.
How is Anhui Conch Cement's financial position?
Financial Position Analysis
Short Term Liabilities: 914's short term assets (CN¥117.9B) exceed its short term liabilities (CN¥24.2B).
Long Term Liabilities: 914's short term assets (CN¥117.9B) exceed its long term liabilities (CN¥8.6B).
Debt to Equity History and Analysis
Debt Level: 914 has more cash than its total debt.
Reducing Debt: 914's debt to equity ratio has reduced from 20.4% to 5.6% over the past 5 years.
Debt Coverage: 914's debt is well covered by operating cash flow (323.3%).
Interest Coverage: 914 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Anhui Conch Cement current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 914's dividend (6.4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.36%).
High Dividend: 914's dividend (6.4%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.96%).
Stability and Growth of Payments
Stable Dividend: 914's dividend payments have been volatile in the past 10 years.
Growing Dividend: 914's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.2%), 914's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 914's dividends in 3 years are forecast to be well covered by earnings (37.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bin Wu (56 yo)
Mr. Bin Wu has been the General Manager of Anhui Conch Cement Co. Ltd. since August 21, 2015 and serves as its Executive Director since June 2, 2016. He joined the Anhui Conch Cement Co. Ltd.in 1983. Mr....
CEO Compensation Analysis
Compensation vs Market: Bin's total compensation ($USD373.53K) is below average for companies of similar size in the Hong Kong market ($USD1.23M).
Compensation vs Earnings: Bin's compensation has been consistent with company performance over the past year.
Experienced Management: 914's management team is seasoned and experienced (6.6 years average tenure).
Experienced Board: 914's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 914 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.
Anhui Conch Cement Company Limited's employee growth, exchange listings and data sources
- Name: Anhui Conch Cement Company Limited
- Ticker: 914
- Exchange: SEHK
- Founded: 1997
- Industry: Construction Materials
- Sector: Materials
- Implied Market Cap: HK$243.130b
- Shares outstanding: 5.30b
- Website: https://www.conch.cn
Number of Employees
- Anhui Conch Cement Company Limited
- No. 39 Wenhua Road
- Anhui Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/17 16:20|
|End of Day Share Price||2022/01/17 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.