UB-CNBM@EC2612A

Morgan Stanley Upgrades China National Building Materials

China National Building Material Announces Q1 2026 Net Loss of 177 Million Yuan, Narrowing by 65.67% Year-over-Year

China National Building Material Co. Ltd. Q1 Revenue Reached 35.77 billion yuan

Sinoma International Subsidiary Reports 31.43% Decrease in Net Profit for Q1 2026

China Materials Revises 2026 Q3 Profit Guidance to a Loss of 170 Million RMB

CNBM to Release FY2026 Q1 Earnings Report on April 29 After-Market BJT

China National Building Materials forecasts Q1 2026 loss to narrow to RMB 170 million

Juxin Laboratory Passes PV Module Photovoltaic Parameter Testing Proficiency Verification

Zhengzhou International Land Port's 3.6MW PV Project Supplied by China Building Materials Huineng Officially In Operation

China National Building Material to seek mandate for 10% H-share buyback

China National Building Materials Co Ltd's Subsidiary Tianshan Materials Reports Significant Net Loss in 2025

China National Building Materials' Affiliate Tian Shan Materials Corrects Prior Accounting Errors

China National Building Materials reports net loss of 3.7 billion yuan in 2025 and focuses on digital transformation

CNBM released FY2025 earnings on March 30 During-Market (BJT), actual revenue HKD 194.38 B (forecast HKD 201.23 B), actual EPS HKD -0.5278 (forecast HKD 0.5021)

CNBM released FY2025 Q4 earnings on March 30 During-Market (BJT), actual revenue HKD 49.38 B, actual EPS HKD -0.9819

CNBM to release FY2025 earnings report on March 26, during market hours (BJT), with forecast revenue of HKD 205.9 B and EPS of HKD 0.5102

China National Building Material issued Sci-Tech Bonds worth 2 billion

China National Building Materials Announces Issuance of Sci-Tech Innovation Corporate Bonds in 2026

BlackRock cuts holdings in China National Building Materials by 2.682 million shares

BlackRock Increased Holdings in China National Building Materials to 8.26%

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CHINA CBM

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M Stanley has rated CNBMas Overweight, citing its new materials business as a key support. The company reported a net loss of RMB177 million in 1Q26, an improvement from RMB517 million in 1Q25, attributed to higher glass fiber prices and sales growth in electronic fiber and battery separators. However, basic building materials face challenges due to declining sales and profits. The broker expects continued growth in the new materials sector and has set a target price of HKD7.3 for CNBM.

AASTOCKS News

CHINA NATIONAL BUILDING MATERIAL CO UNSP ADR EACH REPR 50 ORD

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Morgan Stanley

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MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

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M Stanley: CNBM  New Materials Business Becomes Key Support; Rated Overweight

China National Building Material Co. (HK:3323) held its annual general meeting on April 29, 2026, where shareholders approved the 2025 results, dividend plan, and board mandate. Approximately 65.35% of voting shares participated, with all resolutions passed by poll. The company clarified its capital return framework for 2026, allowing the board to determine interim dividends. The latest analyst rating for HK:3323 is a Buy with a price target of HK$5.90. The company operates under PRC law and Hong Kong Listing Rules, with a market cap of HK$38.88B.

Tip Ranks

CNBM Shareholders Approve 2025 Results, Dividend Plan and Board Mandate at AGM

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.

BNBMPLC

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

China National Building Material (SEHK:3323) has revised its earnings guidance for the March 2026 quarter, expecting a loss of CN¥170 million, down from CN¥517 million. The stock trades at HK$5.12, with a P/S ratio of 0.2x, significantly lower than peers and the industry average. A DCF model suggests a fair value of HK$21.92 per share, indicating the stock is undervalued. However, investors should consider ongoing net losses and reliance on the PRC for revenue. The article emphasizes the need for careful evaluation of risks and opportunities in the current market context.

Simplywall

A Look At China National Building Material’s Valuation After Improved Loss Guidance For The March 2026 Quarter

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Tianshan Material, a subsidiary of China National Building Material, reported a significant decline in Q1 2026 performance. Operating revenue dropped 17.48% year-on-year to RMB 12.33 billion, with a net loss of RMB –1.49 billion. Cash flow from operations worsened to an outflow of RMB 3.33 billion, down 54.17% from the previous year. Despite a slight increase in total assets, net assets attributable to shareholders fell by 1.83%. Analysts rate the stock as a Buy with a target price of HK$5.90.

Tianshan Material Q1 Losses Deepen as Revenue and Cash Flow Deteriorate

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China National Building Material Co (HK:3323) reported a 47.44% year-on-year decline in operating revenue for its subsidiary, Ningxia Building Materials, totaling RMB 461.4 million in Q1 2026. Despite narrowing losses and slight improvements in return on net assets, the subsidiary faced deeper negative cash flows and a modest decline in total assets. The net profit attributable to shareholders was a loss of RMB 4.5 million, indicating ongoing profitability and liquidity pressures. Analysts rate the stock as a Buy with a price target of HK$5.90.

NXBM

China National Building Material Flags Revenue Slump and Deeper Cash Outflows at Ningxia Unit

China National Building Material Seeks Mandate for 10% H-Share Buyback

China National Building Material Seeks Mandate for 10% H-Share Buyback

China National Building Material Co. announced that its subsidiary, Tianshan Material, has restated its accounts due to flaws in asset disposal gain recognition under Chinese Accounting Standards. The correction affects asset, liability, equity, and net profit figures for 2024 and 2025 but does not impact cash flows or the nature of profits and losses. The parent company confirmed that the restatement does not materially affect its financial statements, reassuring investors. The current analyst rating for the stock (HK:3323) is a Hold with a price target of HK$5.00.

CNBM Subsidiary Tianshan Material Restates Accounts Without Group-Level Impact

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China National Building Material Reshuffles Board Secretariat and Authorised Representatives

E Fund CSI All Share Building Materials ETF

Fullgoal CSI All Share Building Materials ETF

Guotai CSI All Share building Materials ETF

Fullgoal CSI 1000 Enhanced Index Fund(LOF)-A

China National Building Material Reshuffles Board Secretariat and Authorised Representatives

China National Building Material Delays Board Meeting to Finalise 2025 Results

China National Building Material Delays Board Meeting to Finalise 2025 Results

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Hong Kong's solar energy stocks surged before midday trading, led by JinkoSolar Holding Co., Ltd.with a rise of over 10%. Sungrow Power Supply Co., Ltd.and Xinyi Solar Holdings Ltd.both gained over 6%, while Flat Glass Group Co., Ltd.increased by more than 4%, and China National Building Material Company Limitedrose by over 3%. This trend indicates growing investor interest in the solar sector in Hong Kong.

CoinLive

Jinko Solar

XINYI SOLAR

ChinaAMC Green Electricity ETF

Jinkosolar

STOCKS | Hong Kong Solar Stocks Surge as JinkoSolar Leads Gains

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China National Building Material announced that its subsidiary SINOMATECH achieved an operating revenue of RMB 30.195 billion for the fiscal year 2025, an increase of 25.9% year-on-year. The net profit attributable to shareholders was RMB 1.818 billion, a growth of 103.8%, with earnings per share of RMB 1.0832

AASTOCKS

SINOMATECH

CNBM's subsidiary SINOMATECH earned 1.818 billion RMB for the year, an increase of 103.8%

On the 11th, China National Building Material Group released the domestically developed SYT80 (T1200 grade) ultra-high-strength carbon fiber in Beijing. This research and development achievement marks a significant leap for our country in the production field of ultra-high-strength carbon fiber

Wallstreetcn

China has made significant breakthroughs in the field of ultra-high-strength carbon fiber production

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The three major Hong Kong stock indices collectively adjusted during the session, with the Hang Seng TECH Index leading the market decline, down 1.57%. In terms of sectors, retailers, internet, and building materials sectors generally weakened, with heavyweight stocks under significant pressure. In terms of individual stocks, Alibaba fell 2.43%, Kuaishou dropped 2.56%, and CONCH CEMENT plummeted 7.19%. Market sentiment is becoming cautious, closely monitoring expectations for Federal Reserve policy and data on the recovery of the mainland economy

- The Hong Kong stock market experienced a collective decline, with the Hang Seng Index dropping 0.58% to 26,609.88 points as profit-taking pressure hindered further gains.  
- Notable declines were seen in the Hang Seng Tech Index and the Hang Seng China Enterprise Index, reflecting a cautious market sentiment amid concerns over economic recovery and the performance of various sectors.  
- Key stocks related to retail and construction suffered significant losses, while select small-cap stocks experienced sharp increases, indicating volatility and market speculation.

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Hong Kong stock market intraday | Hang Seng Tech Index down 1.57%, Alibaba down 2.43%, CONCH CEMENT down 7.19%

On July 19, the Yarlung Tsangpo super hydropower project (with an investment of 1.2 trillion yuan!) officially kicked off, with five giant power stations under construction, generating electricity equ...

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雅江水电工程 1.2 万亿投资引爆市场！哪些港股接住 “万亿订单”？

UB-CNBM@EC2612A(28661.HK)

M Stanley: CNBM New Materials Business Becomes Key Support; Rated Overweight

CNBM Shareholders Approve 2025 Results, Dividend Plan and Board Mandate at AGM

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

A Look At China National Building Material’s Valuation After Improved Loss Guidance For The March 2026 Quarter

Tianshan Material Q1 Losses Deepen as Revenue and Cash Flow Deteriorate