Thirteen cement listed companies released their results and seven lost money.

2025-03-21 09:29:54

According to the big data of China Cement Network, the total profit of pure cement business in the cement industry in 2024 may be around 16 billion yuan, with a year-on-year decline of nearly 50%. Most enterprises are in a loss situation, and the business situation is not optimistic.

In 2024, the cement industry as a whole faced difficulties such as shrinking demand and low prices, and most cement enterprises performed poorly. According to statistics, up to now, 13 cement listed companies have issued performance forecasts/announcements for 2024, of which 7 cement companies are losing money. Tianshan

Co., Ltd.: It is estimated that the net profit loss attributable to the shareholders of the listed company in 2024 will be 400 million to 800 million yuan.

Jidong Cement: The net profit attributable to the shareholders of the listed company in 2024 is expected to be a loss of 800 million yuan to 1 billion yuan.

China Resources Building Materials Technology: In 2024, the Company's turnover was approximately RMB23.038 billion, representing a year-on-year decrease of 9.8%; the profit attributable to owners of the Company was RMB211 million, representing a year-on-year decrease of 67.2%.

Shanshui Cement : The operating revenue in 2024 was approximately RMB14.51 billion, representing a decrease of 19.9% as compared with that in 2023; the loss attributable to shareholders of the Company was approximately RMB141 million, representing a decrease of 84.09% as compared with that in 2023.

Western Cement: It is expected that the profit attributable to owners of the Company in 2024 will record an increase of approximately 35% to 45% as compared with the same period in 2023. (Profit attributable to owners of Western Cement is 421 million yuan in 2023, based on which, profit attributable to owners of Western Cement is 568 million yuan to 610 million yuan in 2024).

Asia Cement: Revenue decreased by approximately 21% to RMB5,885 million and loss attributable to owners was RMB264 million in 2024.

Yatai Group: It is expected that the annual operating results of the company in 2024 will show a loss, and the net loss attributable to the owner of the parent company will be 2.8 billion to 3.2 billion yuan.

Tapai Group: In 2024, it achieved an operating income of 4.278 billion yuan, a year-on-year decrease of 22.71%, and a net profit of 538 million yuan, a year-on-year decrease of 27.46%.

Evergreen: It is estimated that the net profit attributable to the shareholders of the listed company in 2024 will be 12 million to 18 million yuan.

Qingsong Jianhua achieved a total operating income of 4.328 billion yuan, a year-on-year decrease of 3.60%, and a net profit of 354 million yuan, a year-on-year decrease of 23.68%.

Fujian Cement: It is estimated that the net profit attributable to the owners of the parent company in 2024 will be a loss of 170 million to 230 million yuan.

Xizang Tianlu: It is estimated that the net profit attributable to the owner of the parent company in 2024 will be a loss of 97.5 million to 65 million yuan.

Sichuan Shuangma: It is estimated that the net profit attributable to the parent company in 2024 will be 280 million yuan to 380 million yuan, down 61.44% to 71.59% year on year.

According to the big data of China Cement Network, the total profit of pure cement business in the cement industry in 2024 may be around 16 billion yuan, with a year-on-year decline of nearly 50%. Most enterprises are in a loss situation, and the business situation is not optimistic. Shao Jun, chairman of

China Cement Network, said at the 14th China Cement Industry Summit and TOP100 Award Ceremony that in the new year, the cement industry is facing serious overcapacity and complex and changeable market environment. We need to continue to adhere to the "anti-involution" and jointly maintain the stable development of the industry.

All can be viewed after purchase
Correlation

Recently, the Hubei Provincial Economic and Credit Office issued the Announcement on the List of Cement Clinker Production Lines and Enterprises with Production Time Calculated by 330 Days and 270 Days, which shows that the annual production days of the 4500t/d new dry cement clinker production line (second line) of Huaxin Cement (Daye) Co., Ltd. are 330 days, and the annual production days of the second line of Huaxin Cement (Daye) Co., Ltd. It is also the only clinker line in Hubei Province whose annual production days are calculated according to 330 days.