China Resources Building Materials Technology Holdings Ltd

01313: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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China Resources Building Materials: Lowering Valuation by 12% Due to Profit Decline in 2024

Jeff Zhang

Feb 17, 2025

China Resources Building Materials has forecast that its 2024 net profit will decline by 62%-72% year on year. This would be due to lower gross margins in businesses other than cement and concrete, the absence of a one-off disposal gain from 2023, and increased asset impairment in 2024.

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China Resources Building Materials Technology Holdings Ltd

China Resources Building Materials: Lowering Valuation by 12% Due to Profit Decline in 2024

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