Recently, Huaxin Building Materials announced that the net profit attributable to shareholders of listed companies in the first quarter of 2026 is expected to be 520 million yuan to 720 million yuan, an increase of 126% to 213% over the same period last year. Huaxin Building Materials said that the significant growth of the company's performance was mainly due to the steady release of new overseas production capacity, which provided a strong guarantee for the increase of sales and led to the sustained improvement of the overall operating results.
This brilliant performance is the epitome of the overseas layout effect of Chinese cement enterprises.
In 2025, the domestic cement market is facing the dual pressures of weak demand and intensified competition, such as Conch Cement , Huaxin Building Materials, Western Cement and other enterprises, which have achieved remarkable results in overseas business through years of intensive cultivation. With the bright growth rate of revenue, the increasing proportion of business and the gross profit rate significantly higher than that of domestic enterprises, the overseas sector has become the core engine driving the growth of enterprises, and the global layout has entered the harvest period. The overseas performance of the
three major enterprises has shown a trend of red across the board, and the growth momentum is particularly rapid.
Conch Cement 's overseas revenue in 2025 was 5.846 billion yuan, an increase of 25% over the previous year, accounting for 7.1% of its revenue, an increase of 2 percentage points; What is particularly striking is that the overseas gross profit rate is as high as 43.31%, up 11 percentage points year-on-year, far exceeding the domestic level, highlighting the profit advantage.
Western Cement's overseas revenue was 4.701 billion yuan, up 48.7% year-on-year, accounting for 48.9% of the total revenue, almost equal to the domestic market, and overseas business became the core pillar of profit growth. The overseas revenue scale
of Huaxin Building Materials led the major enterprises, reaching 11.804 billion yuan, an increase of 46.76% over the previous year, accounting for 33.39% of the total revenue, an increase of nearly 10 percentage points compared with 2024, and the global layout has achieved remarkable results. Behind the high prosperity of
overseas market, it is an inevitable choice for domestic cement enterprises to break through the bottleneck of development. At present, the domestic cement industry has excess capacity and peak demand, while the urbanization process in Southeast Asia, Africa and other regions is accelerating, the demand for infrastructure is strong, and the market competition pattern is loose and the profit space is large. With the advantages of technology, capital and management, Chinese enterprises quickly seize the market through greenfield investment, merger and acquisition integration, which not only hedges domestic market risks, but also opens up long-term growth space.
With the continuous deepening of the global layout, overseas business will become an important support for the high-quality development of China's cement enterprises. In the future, Conch, Huaxin, Western Cement and many other outstanding enterprises will continue to optimize the layout of overseas production capacity, strengthen localized operations, continue to polish China's cement brand on the international stage, and contribute to the development of global infrastructure.
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