Stock Analysis
- Hong Kong
- /
- Basic Materials
- /
- SEHK:914
Anhui Conch Cement Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Anhui Conch Cement (HKG:914) Full Year 2023 Results
Key Financial Results
- Revenue: CN¥141.0b (up 6.8% from FY 2022).
- Net income: CN¥10.7b (down 33% from FY 2022).
- Profit margin: 7.6% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses.
- EPS: CN¥2.02 (down from CN¥2.99 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Anhui Conch Cement Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Basic Materials industry in Hong Kong.
Performance of the Hong Kong Basic Materials industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Anhui Conch Cement you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Anhui Conch Cement is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About SEHK:914
Anhui Conch Cement
Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products.
Excellent balance sheet and fair value.