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China National Building Material Co ( (HK:3323) ) has provided an announcement.
China National Building Material has reported first-quarter 2026 figures for its Shanghai-listed subsidiary Ningxia Building Materials, showing operating revenue plunging 47.44% year on year to RMB 461.4 million amid continued weakness in the building materials market. Although Ningxia narrowed its pre-tax and attributable net losses versus a year earlier and slightly improved return on net assets, it still posted negative earnings per share, deeper negative operating cash flow and a modest decline in total assets, underscoring ongoing pressure on profitability and liquidity.
Net profit attributable to shareholders came in at a loss of RMB 4.5 million, with an even larger loss after stripping out extraordinary items, indicating that core operations remain under strain. Shareholders’ equity was broadly stable, but the deterioration in operating cash flow and the drop in assets suggest that the subsidiary’s financial flexibility is tightening, a development that may weigh on China National Building Material’s consolidated performance and signals persistent challenges for the sector’s recovery.
The most recent analyst rating on (HK:3323) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on China National Building Material Co stock, see the HK:3323 Stock Forecast page.
More about China National Building Material Co
China National Building Material Company Limited is a major Chinese building materials group with operations spanning cement, aggregates and related construction materials, serving domestic infrastructure and property markets. Its subsidiary Ningxia Building Materials Group Co., Ltd., whose A shares trade on the Shanghai Stock Exchange, contributes to the group’s regional footprint in western China and is an important listed platform within the conglomerate.
Average Trading Volume: 44,784,888
Technical Sentiment Signal: Buy
Current Market Cap: HK$38.19B
For a thorough assessment of 3323 stock, go to TipRanks’ Stock Analysis page.