Cement prices continue to rise; Tianshan shares, Conch Cement and China National Building Materials declined in the third quarter.

2023-10-30 13:52:54

Cement prices continued to rise due to the off-peak shutdown of kilns in many places; the performance of Tianshan Cement, Conch Cement and China National Building Material Co., Ltd. declined in the third quarter; the construction of high-speed railway accelerated, and low-alkali cement helped to open up the "artery" of transportation.

1. But overall, the national cement prices continue to rebound. 2.3

. According to the feedback from the market, the main enterprises in Guanzhong area have notified to raise the cement price by 20 yuan/ton on the 12th, but the actual implementation is not good. At the same time, the market demand in the region is still biased, the shipment volume of enterprises is not ideal, and whether the current round of price increases can be implemented remains to be seen.

4. In addition, it is reported that due to the impact of foreign low-price cement, some manufacturers in coastal areas have recently shown signs of loosening and falling in local market transaction prices, and the implementation of this round of price rise remains to be seen.

1. In terms of coal, there was a short-term rapid rise in the early stage. At present, the arrival price of East China Regional Base is temporarily stable at the level of 1000-1100 yuan/ton.

2. [Three Quarterly Report Review] Tianshan Shares: Cement Prices Fall, Profits Drop Sharply! The net profit attributable to the shareholders of the parent company was RMB51 million, representing a year-on-year decrease of 98%, of which the operating income in the third quarter was RMB26.944 billion, representing a year-on-year decrease of 18.77%, and the net profit attributable to the shareholders of the parent company was RMB-91 million. Year-on-year decline of 115.3

. [Three Quarterly Report Review] Conch Cement: profit decline narrowed, strong ability to absorb money! Net profit attributable to shareholders of the parent company was RMB8.672 billion, representing a year-on-year decrease of 30. Operating income in the third quarter was RMB33.607 billion, representing a year-on-year increase of 15.68%, and net profit attributable to shareholders of the parent company was RMB2.204 billion, representing a year-on-year decrease of 14. However, the decline continues to narrow, the ability to absorb money is strong, and the leading position is still unshakable.

4. CNBM: Net profit for the first three quarters of 2023 was RMB2.353 billion, representing a year-on-year decrease of 67.26%

. CNBM released its report for the third quarter of 2023, which said that the company achieved a total operating income of RMB159.581 billion (RMB, the same below) in the first three quarters. The net profit attributable to the parent company was RMB2.353 billion, representing a decrease of 67.5

% as compared to the same period of last year. The construction of high-speed rail was accelerated! Low-alkali cement helps to open the "main artery" of traffic! Low-alkali cement plays an important role in high-speed rail construction, which can effectively reduce the alkalinity of concrete, improve the corrosion resistance of concrete and prolong the service life of engineering. Wanbei Cement and other enterprises provide high-quality low-alkali cement to help the construction of high-speed rail to a new level.

All can be viewed after purchase
Correlation

Cement prices continued to rise due to the off-peak shutdown of kilns in many places; the performance of Tianshan Cement, Conch Cement and China National Building Material Co., Ltd. declined in the third quarter; the construction of high-speed railway accelerated, and low-alkali cement helped to open up the "artery" of transportation.

2023-10-30 13:52:54