China Resources Building Materials Technology Holdings Ltd
01313: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Y.# | LOCK|Z>> | LOCK|Mjm&d< |
China Resources Building Materials Earnings: Weak Results In Line, Due to Soft Cement Demand
China Resources Building Materials, or CRBM, reported a 67% year-on-year net profit decline for 2024, consistent with its profit warning. This was mostly attributed to a 10% revenue decrease and an 11% administrative cost increase on more asset impairment and operating deleverage.
