China Tianrui Group Cement Co., Ltd. (1252) AI Stock Analysis

• Market Cap: HK$801.65M
• Dividend Yield: N/A
• Average Volume (3M): 12.90M
• Price to Earnings (P/E): 2.2
• Beta (1Y): 0.18
• Revenue Growth: 0.18%
• EPS Growth: N/A
• Country: HK
• Employees: 5,897
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): N/A
• Shares Outstanding: 3,083,281,700
• 10 Day Avg. Volume: 13,087,700
• 30 Day Avg. Volume: 12,899,080
• PEG Ratio: -0.02
• Price to Book (P/B): 0.06
• Price to Sales (P/S): 0.15
• P/FCF Ratio: 0.79
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: HK$0.26 ▼(-4.81% Downside)

The overall stock score of 48 reflects significant financial challenges, including declining revenues and liquidity issues, which are the most impactful factors. Technical analysis indicates bearish momentum, further weighing on the score. While the stock appears undervalued based on its P/E ratio, the lack of dividend yield and financial instability limit its attractiveness.

Positive Factors

Scale & Distribution

Operating multiple production facilities and serving large construction firms and local contractors gives Tianrui durable scale and distribution advantages. This footprint supports contract wins, regional diversification and logistics optimization, helping stabilize revenues across construction cycles.

Manageable Leverage

A debt-to-equity around 0.82 suggests the company has room to service debt and access refinancing without extreme leverage risk. That balance sheet capacity supports necessary capex for plant modernization and emissions controls, preserving long-term production capability.

Stable Gross Margins

A stable gross margin near 22% signals structural ability to manage production costs and pricing. Moderate EBIT/EBITDA margins indicate operational efficiency potential, meaning profitability can scale if volume recovers or fixed-cost absorption improves over the medium term.

Negative Factors

Declining Revenue

Falling top-line sales erode economies of scale and weaken bargaining power with suppliers and customers. Persistent revenue decline signals potential market share loss or weaker construction demand, reducing long-term earnings power and making recovery contingent on strategic measures.

Weak Cash Conversion

Severely negative FCF growth and poor OCF-to-net-income conversion indicate profits are not translating into liquidity. This constrains capex, working capital flexibility and debt servicing, increasing solvency risk and limiting capacity to invest in efficiency or growth projects over months.

Low Returns on Capital

Very low ROE and slim net margins point to weak capital efficiency and limited shareholder value creation. This structural profitability shortfall makes it harder to fund growth organically, attract capital, or justify reinvestment without material operational improvement or strategy shifts.

China Tianrui Group Cement Co., Ltd. Business Overview & Revenue Model

Company Description

China Tianrui Group Cement Company Limited, an investment holding company, produces, distributes, and sells clinker, cement, and limestone aggregates in the People's Republic of China. It serves real estate developers, concrete manufacturers, etc. The company was founded in 2000 and is headquartered in Ruzhou, the People's Republic of China. China Tianrui Group Cement Company Limited is a subsidiary of Yu Kuo Company Limited.

How the Company Makes Money

China Tianrui Group generates revenue primarily through the sale of cement and clinker, which are essential materials in construction and infrastructure projects. The company operates multiple production facilities across China, allowing it to supply a wide range of customers, from large construction firms to local businesses. Key revenue streams include bulk sales to large-scale projects as well as retail sales to smaller contractors. Additionally, the company may engage in strategic partnerships with construction firms and local governments to secure long-term contracts, further stabilizing its revenue. Economic conditions, construction demand, and pricing strategies also play significant roles in influencing the company's earnings.

China Tianrui Group Cement Co., Ltd. Financial Statement Overview

Summary

China Tianrui Group Cement Co., Ltd. faces significant financial challenges, with declining revenues and profitability pressures. The income statement indicates declining revenue and low net profit margin, while the balance sheet shows moderate leverage but low return on equity. Cash flow analysis reveals potential liquidity issues with declining free cash flow growth.

Income Statement

The income statement shows declining revenue with a negative growth rate of -5.52% in the latest year, indicating challenges in maintaining sales levels. Gross profit margin is relatively stable at 22.01%, but net profit margin is low at 4.57%, reflecting limited profitability. EBIT and EBITDA margins are moderate, suggesting some operational efficiency, but overall profitability is under pressure.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.82, indicating manageable leverage. However, return on equity is low at 1.78%, suggesting limited returns for shareholders. The equity ratio is not explicitly calculated, but the company's equity position appears stable relative to its assets.

Cash Flow

Cash flow analysis shows a concerning decline in free cash flow growth at -136.24%, indicating potential liquidity issues. The operating cash flow to net income ratio is low at 0.08, suggesting challenges in converting income into cash. The free cash flow to net income ratio is relatively better at 0.76, but overall cash flow stability is weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.50B	6.12B	7.89B	11.06B	12.72B	12.17B
Gross Profit	1.41B	1.35B	1.63B	2.71B	3.23B	4.20B
EBITDA	1.38B	2.26B	1.48B	2.92B	3.64B	4.72B
Net Income	325.02M	279.41M	-633.88M	448.69M	1.20B	1.86B
Balance Sheet
Total Assets	36.35B	37.22B	40.57B	32.34B	32.66B	32.44B
Cash, Cash Equivalents and Short-Term Investments	473.60M	921.97M	1.19B	1.03B	2.32B	2.41B
Total Debt	11.80B	12.84B	17.72B	8.46B	9.48B	10.04B
Total Liabilities	20.27B	21.24B	24.79B	15.75B	16.59B	17.62B
Stockholders Equity	15.85B	15.74B	15.47B	16.31B	15.88B	14.69B
Cash Flow
Free Cash Flow	-643.54M	1.18B	-4.76B	962.99M	2.33B	1.87B
Operating Cash Flow	-616.99M	1.55B	-4.22B	1.94B	2.73B	2.63B
Investing Cash Flow	3.16B	3.09B	1.92B	-897.39M	-1.18B	627.84M
Financing Cash Flow	-2.22B	-4.90B	2.49B	-2.36B	-1.65B	-2.68B

China Tianrui Group Cement Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1252, the sentiment is Negative. The current price of 0.27 is above the 20-day moving average (MA) of 0.27, below the 50-day MA of 0.28, and below the 200-day MA of 0.31, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 41.50 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1252.

China Tianrui Group Cement Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6655	66 Neutral	HK$50.81B	10.84	10.68%	4.82%	0.40%	62.35%
0914	65 Neutral	HK$141.87B	13.19	4.59%	4.59%	-28.50%	23.92%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
2233	60 Neutral	HK$20.48B	19.26	7.74%	1.29%	20.56%	254.64%
1252	48 Neutral	HK$801.65M	2.19	2.15%	―	0.18%	―
0691	48 Neutral	HK$2.57B	16.67	0.80%	―	-14.85%	―
1313	45 Neutral	HK$11.94B	47.63	0.51%	1.52%	―	―

China Tianrui Group Cement Co., Ltd. Corporate Events

China Tianrui Group Cement Calls EGM to Approve 2025 Intra‑Group Guarantee Framework

China Tianrui Group Cement Company Limited has convened an extraordinary general meeting for 16 February 2026 in Henan Province for shareholders to vote on approving a 2025 Framework Agreement with related parties Tianrui Group Company Limited and Tianrui Cement Group Company Limited, under which the parties will provide guarantees to each other. The meeting will also seek authorization for the board to execute all documents and take actions necessary to implement the framework and related counter-guarantee arrangements, with detailed procedures set for share registration, proxy appointment, and voting, underscoring the company’s efforts to formalize intra-group financial support and risk-sharing mechanisms subject to shareholder consent.

The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.

China Tianrui Group Calls February EGM to Approve RMB1 Billion Deposit Cap with Group Finance Arm

China Tianrui Group Cement Company Limited has convened an extraordinary general meeting (EGM) for 16 February 2026 in Henan Province to seek shareholder approval for a deposit services framework with its group finance company. The resolutions cover ratification of the 2025 Deposit Services Agreement and a supplemental agreement between Tianrui Cement and Tianrui Group Finance Company Limited, including proposed maximum daily outstanding deposit balances of up to RMB1 billion for each of the financial years ending 31 December 2026, 2027 and 2028, and broad authorisation for directors to implement and vary the arrangements. The move formalises intra-group financial management and liquidity arrangements, with implications for the group’s treasury operations and related-party transaction oversight, while also setting out the timetable and procedural details for shareholders to participate and vote at the EGM.

The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.

China Tianrui Lowers Deposit Caps in Supplemental Deal With Tianrui Finance

China Tianrui Group Cement has revised downward the proposed annual caps for deposits to be placed with its affiliated Tianrui Finance under the 2025 Deposit Services Agreement, reflecting an expectation that its actual demand for deposit services will be lower than initially anticipated. Under a supplemental agreement signed on 28 January 2026, the annual caps for 2026–2028 have been reduced from RMB1.2 billion to RMB1.0 billion each year, with all other terms unchanged, and the revisions remain subject to approval by independent shareholders at an extraordinary general meeting, advised by an independent board committee and an external financial adviser, in compliance with Hong Kong Listing Rules on connected transactions.

The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.

China Tianrui Group Cement Warns on Slow Recovery of RMB12.27 Billion Coal Prepayments

China Tianrui Group Cement has disclosed that, as of 31 December 2025, it has managed to utilise or recover only about 10%–15% of the RMB12.27 billion in prepayments made to its coal suppliers, falling short of the original expectation that the full amount would be utilised or recovered by the end of 2025. The company is now negotiating revised recovery plans with these suppliers and has cautioned shareholders and potential investors that the update is based on unaudited management accounts, signalling ongoing uncertainty around the timing and extent of recovery of these large prepayments and underscoring potential risks to its cash flow and financial position pending further announcements.

The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.

China Tianrui Group Cement Enters 2025 Framework Agreement for Mutual Guarantees

China Tianrui Group Cement Co., Ltd. has entered into a 2025 Framework Agreement with Tianrui Group Company and Tianrui Cement to provide mutual guarantees for bank loans and corporate bonds from 2026 to 2028. This agreement, which involves significant financial commitments, is classified as a major transaction and continuing connected transaction under Hong Kong’s Listing Rules, requiring independent shareholders’ approval and general disclosure obligations.

The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.

China Tianrui Group Cement Co., Ltd. Announces New Financial Agreements with Tianrui Finance

China Tianrui Group Cement Co., Ltd. has entered into two major agreements, the 2025 Deposit Services Agreement and the 2025 Financial Services Agreement, with its subsidiary Tianrui Finance. These agreements, effective from January 2026 to December 2028, involve the provision of deposit, credit, and settlement services to the Cement Group. The transactions are categorized as continuing connected transactions under Hong Kong’s Listing Rules, requiring compliance with reporting and approval requirements. The agreements are expected to enhance the company’s financial operations and maintain favorable terms compared to other commercial banks in the PRC.

The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.

High Court Dismisses Winding-Up Petition Against China Tianrui’s Controlling Shareholder

China Tianrui Group Cement Co., Ltd. announced that the High Court dismissed a winding-up petition against its controlling shareholder, Yu Kuo. This development is significant for the company as it alleviates potential financial distress concerns, allowing the company to continue its operations without the looming threat of shareholder instability.

The most recent analyst rating on (HK:1252) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Tianrui Group Cement Co., Ltd. stock, see the HK:1252 Stock Forecast page.