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 Earnings: Profitability Stabilized Despite Top-Line Weakness

Jeff Zhang

Mar 20, 2026

China Resources Building Materials, or CRBM, posted a 9% revenue decline and a flat recurring operating margin of 3.2% in 2025. The firm guided for a 5% contraction in 2026 cement sales volume due to soft property demand, but highlighted an emerging rebound in sales during the first two months.

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China Resources Building Materials Technology Holdings Ltd

China Resources Building Materials Earnings: Profitability Stabilized Despite Top-Line Weakness

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