Anhui Conch Cement Co Ltd Class A
600585: XSHG (CHN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.!S | LOCK|Dcn | LOCK|rCPDrtF |
Anhui Conch Cement: Near-Term Headwind Persists, but We See Prospects of Demand Recovery
China's National Bureau of Statistics, or NBS, disclosed that domestic cement production volume declined by 9.5% year on year in 2024. In addition, the average cement price in China dropped by 2.6% year on year in 2024, per dcement.com.
