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Asia Cement (China) Holdings
(0743)
Asia Cement (China) Holdings (0743) vs. iShares MSCI Hong Kong ETF (EWH)
Asia Cement (China) Holdings Business Overview & Revenue Model
Asia Cement (China) Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.69B | 5.89B | 7.43B | 9.61B | 11.76B | 10.82B |
| Gross Profit | 959.14M | 592.56M | 1.07B | 1.29B | 3.68B | 4.52B |
| EBITDA | 1.11B | 839.65M | 1.15B | 1.46B | 3.65B | 4.44B |
| Net Income | 255.59M | -263.68M | 106.09M | 420.07M | 1.77B | 2.67B |
Balance Sheet | ||||||
| Total Assets | 19.63B | 19.68B | 20.28B | 21.15B | 21.42B | 21.63B |
| Cash, Cash Equivalents and Short-Term Investments | 6.26B | 9.02B | 9.40B | 9.02B | 7.56B | 5.28B |
| Total Debt | 1.24B | 1.24B | 1.87B | 2.47B | 1.57B | 3.08B |
| Total Liabilities | 2.63B | 2.80B | 3.08B | 3.76B | 3.74B | 5.10B |
| Stockholders Equity | 16.63B | 16.51B | 16.84B | 16.99B | 17.27B | 16.15B |
Cash Flow | ||||||
| Free Cash Flow | 147.03M | 1.35M | 1.21B | 1.25B | 2.15B | 4.54B |
| Operating Cash Flow | 633.86M | 459.74M | 1.53B | 1.61B | 2.50B | 5.02B |
| Investing Cash Flow | -4.20B | -4.12B | -2.81B | 257.34M | 1.39B | -3.75B |
| Financing Cash Flow | 53.33M | -759.14M | -973.67M | 138.93M | -2.40B | -4.25B |
Asia Cement (China) Holdings Technical Analysis
Asia Cement (China) Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | HK$50.81B | 10.84 | 10.68% | 4.82% | 0.40% | 62.35% | |
65 Neutral | HK$141.87B | 13.19 | 4.59% | 4.59% | -28.50% | 23.92% | |
62 Neutral | HK$3.70B | 10.01 | 2.04% | ― | -5.94% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | HK$5.02B | -157.27 | -6.75% | ― | -11.16% | 41.97% | |
48 Neutral | HK$2.57B | 16.67 | 0.80% | ― | -14.85% | ― | |
48 Neutral | HK$801.65M | 2.19 | 2.15% | ― | 0.18% | ― |
Asia Cement (China) Holdings Corporate Events
Asia Cement (China) Holdings Corporation has issued a supplemental announcement clarifying the pricing mechanisms and annual caps for a series of continuing connected transactions involving the purchase and sale of clinker, cement and slag powder under three sale and purchase agreements. The company explains that prices are set on an arm’s length basis with reference to prevailing market levels, including import and export indices and industry benchmarks in Singapore, and are aligned with prices offered to independent third-party customers, less a small operating charge for loading at specified PRC ports, to ensure terms are fair and in the interests of shareholders. The determination of the annual caps for Transactions II and III factors in historical transaction volumes and expenditures for its Singapore operations in 2025, expectations of an initial sales decline amid competitive market conditions and the time needed to build new customer relationships, as well as shipping schedules and capacity constraints, highlighting a structured approach to managing its Singapore business and related-party dealings within regulatory and commercial parameters.
The most recent analyst rating on (HK:0743) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Asia Cement (China) Holdings stock, see the HK:0743 Stock Forecast page.
Asia Cement (China) Holdings has renewed a series of continuing connected transactions within its wider corporate group for 2026, covering the sale and purchase of clinker, cement and slag powder. Under newly signed agreements effective from 1 January to 31 December 2026, subsidiary Jiangxi Yadong will sell clinker in bulk to parent Asia Cement Corporation for up to US$22 million, while subsidiary Oriental Industrial will purchase cement and slag powder from Asia Cement (Singapore) for up to S$27 million and sell cement and slag powder to Alliance Concrete Singapore, 50% owned by Asia Cement Singapore, for up to S$28 million. As these dealings are with connected parties and fall between 0.1% and 5% of the relevant size thresholds, they are subject only to reporting and announcement requirements under Hong Kong’s listing rules, reinforcing established supply-chain and sales channels without triggering independent shareholders’ approval.
The most recent analyst rating on (HK:0743) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Asia Cement (China) Holdings stock, see the HK:0743 Stock Forecast page.
Asia Cement (China) Holdings Corporation reported its unaudited consolidated results for the nine months ending September 30, 2025, revealing a profit attributable to owners of approximately RMB146.3 million. Despite a decrease in revenue compared to the previous year, the company managed to achieve a significant gross profit increase due to reduced cost of sales and other income improvements, indicating a positive shift in financial performance.
Asia Cement (China) Holdings Corporation announced the resignation of Dr. Wang Kuo-ming as an independent non-executive director, effective October 28, 2025, due to personal commitments. The company expressed gratitude for Dr. Wang’s contributions and appointed Ms. Ho Lin Mei-hsueh as his successor. Ms. Lin, with over 40 years of experience in human resources, will join several board committees, bringing her expertise to enhance the company’s governance and sustainability efforts.
Asia Cement (China) Holdings Corporation has announced a new composition of its Board of Directors, effective from October 28, 2025. This update includes the appointment of executive, non-executive, and independent non-executive directors, alongside the establishment of five Board committees, which are expected to enhance the company’s governance and strategic oversight.
Asia Cement (China) Holdings Corporation has outlined the terms of reference for its Nomination Committee, emphasizing the importance of diversity and independence within its board structure. The committee is tasked with reviewing the board’s composition annually and making recommendations to align with the company’s strategic goals, highlighting a commitment to maintaining a diverse and skilled leadership team.
Asia Cement (China) Holdings Corporation has announced a positive profit alert for the nine months ending September 30, 2025. The company expects an unaudited profit of approximately RMB146.3 million, a significant turnaround from a loss of approximately RMB459 million in the same period of 2024. This improvement is attributed to lower costs of sales for its cement products. However, the figures are based on preliminary assessments and are subject to adjustments.
Asia Cement (China) Holdings Corporation has announced that its Board of Directors will convene on October 28, 2025, to review and approve the company’s quarterly financial results for the nine months ending September 30, 2025. The meeting will also consider the recommendation of an interim dividend payment, highlighting the company’s ongoing financial management and potential shareholder returns.