---
title: "China National Building Material Subsidiary BNBM Posts Slight Q1 Profit Decline Amid Weaker Cash Flow"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284420354.md"
description: "China National Building Material's subsidiary, BNBM, reported a slight decline in Q1 2026 profits, with operating revenue down 1.32% to RMB 6.16 billion and net profit falling 4.56% to RMB 803.8 million. The company faced a significant cash flow issue, with net cash outflow from operations increasing to RMB 605.6 million. Despite these challenges, total assets grew by 3.26% and net assets by 2.85%. Analysts maintain a Buy rating for the stock with a target price of HK$5.90."
datetime: "2026-04-28T15:24:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284420354.md)
  - [en](https://longbridge.com/en/news/284420354.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284420354.md)
---

# China National Building Material Subsidiary BNBM Posts Slight Q1 Profit Decline Amid Weaker Cash Flow

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An announcement from China National Building Material Co ( (HK:3323) ) is now available.

China National Building Material Company Limited reported first-quarter 2026 results for its subsidiary Beijing New Building Materials, showing modest year-on-year declines in revenue and profitability. Operating revenue slipped 1.32% to RMB 6.16 billion, while net profit attributable to BNBM shareholders fell 4.56% to RMB 803.8 million and earnings per share decreased to RMB 0.472, reflecting pressure on margins despite stable scale.

The results also highlighted a sharp deterioration in operating cash flow, with net cash outflow from operating activities widening to RMB 605.6 million from RMB 221.5 million a year earlier. However, BNBM’s balance sheet continued to expand, as total assets rose 3.26% and net assets attributable to shareholders increased 2.85%, suggesting continued asset growth and capital accumulation even as short-term profitability and cash generation faced headwinds.

The most recent analyst rating on (HK:3323) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on China National Building Material Co stock, see the HK:3323 Stock Forecast page.

**More about China National Building Material Co**

China National Building Material Company Limited is a major Chinese building materials conglomerate with operations spanning cement, gypsum board and related construction materials. Its subsidiary Beijing New Building Materials Public Limited Company (BNBM), whose A-shares trade on the Shenzhen Stock Exchange, focuses on building materials products for the domestic market.

**Average Trading Volume:** 44,345,226

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$38.19B

For a thorough assessment of 3323 stock, go to TipRanks’ Stock Analysis page.

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