China Shanshui Cement Group (0691) AI Stock Analysis

• Market Cap: HK$2.31B
• Dividend Yield: N/A
• Average Volume (3M): 75.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.43
• Revenue Growth: -21.41%
• EPS Growth: 84.29%
• Country: HK
• Employees: 14,700
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Construction Materials
• EPS (TTM): -0.03
• Shares Outstanding: 4,353,966,300
• 10 Day Avg. Volume: 18,500
• 30 Day Avg. Volume: 75,800
• PEG Ratio: -0.17
• Price to Book (P/B): 0.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 3.99
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

China Shanshui Cement Group's stock is moderately rated due to significant financial challenges, including declining revenue and profitability, alongside increased leverage and cash flow issues. Although technical indicators show some stability and mild upward price momentum, the negative P/E ratio and lack of dividend yield weigh negatively on its valuation. Overall, while the company has a strong equity position, strategic improvements are crucial for enhancing financial and stock performance.

China Shanshui Cement Group Business Overview & Revenue Model

Company Description

China Shanshui Cement Group (0691) is a leading producer of cement and related products in China. The company operates primarily in the construction materials sector, providing a range of products including clinker, cement, and concrete. With a strong production capacity and a robust distribution network, China Shanshui Cement Group serves both domestic and international markets, focusing on meeting the demands of infrastructure and property development projects.

How the Company Makes Money

China Shanshui Cement Group generates revenue primarily through the manufacture and sale of cement and related products. The company's key revenue streams include the sale of clinker, cement, and concrete to various entities involved in construction and infrastructure development. Additionally, the company benefits from strategic partnerships and contracts with large-scale construction companies and government projects. Factors such as urbanization, infrastructure investments, and real estate development in China significantly contribute to its earnings. The company's extensive production facilities and efficient distribution networks help it maintain a competitive position in the market.

China Shanshui Cement Group Financial Statement Overview

Summary

China Shanshui Cement Group faces several challenges, including declining revenue and profitability, increased leverage, and cash flow volatility. While the company maintains a solid equity base, operational inefficiencies and mounting debts could hinder future growth. Strategic improvements are needed to enhance financial stability and performance.

Income Statement

The company has experienced revenue decline over the past few years, with a significant drop in 2023 and 2024. Gross profit margin in 2024 was 14.43%, indicating a decrease in efficiency compared to previous years. The net profit margin is negative, showing losses in recent years, with -0.97% in 2024. EBIT and EBITDA margins have also declined, with EBIT margin at 1.26% and EBITDA margin at 15.38% in 2024, reflecting operational challenges.

Balance Sheet

The debt-to-equity ratio increased from 0.32 in 2020 to 0.30 in 2024, indicating a rising leverage level, although still manageable. The equity ratio stood at 60.12% in 2024, suggesting a strong equity position relative to assets. However, the declining stockholders' equity and increasing debt levels pose potential risks to financial stability.

Cash Flow

Operating cash flow decreased significantly from 2020 to 2024, affecting the company's cash-generating ability. Despite a positive free cash flow in 2024, the free cash flow growth rate is volatile. The operating cash flow to net income ratio is negative, indicating cash flow issues relative to earnings, while free cash flow to net income ratio is more favorable at 0.29.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
14.51B	18.12B	21.49B	24.66B	20.89B
	Gross Profit
2.09B	1.91B	4.23B	7.26B	6.96B
	EBIT
182.40M	-646.55M	2.29B	5.04B	5.38B
	EBITDA
2.23B	755.08M	3.65B	6.36B	6.80B
	Net Income Common Stockholders
-140.61M	-883.96M	755.41M	2.78B	3.19B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.70B	2.77B	2.14B	1.44B	1.42B
	Total Assets
30.22B	30.77B	31.46B	28.96B	27.68B
	Total Debt
5.44B	6.10B	3.68B	3.42B	4.89B
	Net Debt
3.26B	3.85B	1.55B	2.00B	3.49B
	Total Liabilities
12.03B	12.37B	12.02B	10.21B	11.80B
	Stockholders Equity
18.18B	18.33B	19.16B	18.49B	15.70B
Cash Flow		Free Cash Flow
-285.94M	-780.11M	425.18M	1.85B	2.26B
	Operating Cash Flow
538.17M	424.23M	2.66B	3.55B	3.51B
	Investing Cash Flow
-648.96M	-1.63B	-2.95B	-2.10B	-1.33B
	Financing Cash Flow
27.99M	1.31B	1.05B	-1.44B	-2.14B

China Shanshui Cement Group Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0691, the sentiment is Neutral. The current price of 0.53 is below the 20-day moving average (MA) of 0.54, above the 50-day MA of 0.53, and above the 200-day MA of 0.50, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.78 is Neutral, neither overbought nor oversold. The STOCH value of 28.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0691.

China Shanshui Cement Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2128	70 Outperform	HK$12.07B	6.61	7.12%	5.10%	-14.13%	-30.69%
2233	61 Neutral	HK$8.19B	12.05	5.10%	1.67%	-9.23%	40.52%
0691	51 Neutral	HK$2.31B	―	-0.77%	―	-21.41%	84.29%
1313	50 Neutral	HK$11.45B	30.60	0.79%	1.54%	―	―
Sector *	49 Neutral	$1.96B	-1.15	-21.28%	3.71%	1.17%	-30.86%
0695	38 Underperform	HK$1.19B	―	-9.39%	―	-27.23%	-60.42%

China Shanshui Cement Group Corporate Events

China Shanshui Cement Group Schedules AGM with Strategic Resolutions

China Shanshui Cement Group Limited has announced its upcoming annual general meeting (AGM) scheduled for May 22, 2025, in Jinan City, Shandong Province. Key agenda items include the adoption of the 2024 financial statements, re-election of directors, and approval of several framework agreements related to mine development, engineering, and cement transactions. These resolutions, if passed, will support the company’s strategic operations and potentially enhance its market positioning by securing essential service agreements and maintaining leadership continuity.

China Shanshui Cement Group Reports Q1 2025 Financial Results

China Shanshui Cement Group reported its unaudited financial results for the first quarter of 2025, revealing a decrease in operating revenue and a significant operating loss compared to the same period in 2024. Despite a reduction in operating costs, the company faced challenges with increased administrative expenses and costs incurred during off-peak suspension, impacting its financial performance.

China Shanshui Cement Group Renews 2025 Framework Agreements

China Shanshui Cement Group has renewed its continuing connected transactions through the 2025 Framework Agreements with CNBMG and its affiliates. These agreements cover mine development services, cement production equipment and supplies, engineering and technical services, and clinker and cement transactions. The transactions are subject to various regulatory requirements under the Hong Kong Listing Rules, including independent shareholder approval for certain agreements. This renewal indicates the company’s ongoing collaboration with CNBMG and aims to ensure the continuity of its operations and compliance with listing regulations.

China Shanshui Cement Group Reports Improved Operational Performance Despite Revenue Decline in 2024

China Shanshui Cement Group announced its financial results for the year ended December 31, 2024, reporting a 19.9% decrease in operating revenue compared to 2023. Despite the revenue drop, the company improved its operational performance, achieving a profit from operations of RMB182,404,000, a significant turnaround from the previous year’s loss. The loss attributable to equity shareholders also decreased substantially, indicating a positive shift in financial health. However, the company still reported an overall loss for the year, reflecting ongoing challenges in the market.

China Shanshui Cement Group Forms Nomination Committee to Enhance Governance

China Shanshui Cement Group has established a Nomination Committee to oversee the appointment of directors, ensuring a diverse and independent board. This move aims to enhance corporate governance by involving independent non-executive directors and ensuring gender diversity, potentially strengthening the company’s leadership and decision-making processes.

China Shanshui Cement Group Schedules Board Meeting for 2024 Financial Results

China Shanshui Cement Group Limited has announced that its board of directors will meet on March 12, 2025, to review and approve the company’s final financial results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend and address other business matters, which could impact the company’s financial strategies and stakeholder interests.