CT-CNBM@EC2611A

BofA Securities Reiterates Buy Rating on China National Building Material and Raises Price Target

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

CNBM released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue HKD 40.55 B, actual EPS HKD 0

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

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

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 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

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

03323

159745

516750

159787

China National Building Material Co (HK:3323) has announced a five-year extension to resolve industry competition through asset restructuring. This follows the termination of a previous restructuring and regulatory requirements for maintaining independence from its subsidiaries, Sinoma Science & Technology and China Jushi. The company aims to protect public shareholders while adhering to the original non-competition terms from 2017. The latest analyst rating for HK:3323 is a Buy with a price target of HK$5.90.

Tip Ranks

CNBM

Guotai CSI All Share building Materials ETF

Fullgoal CSI All Share Building Materials ETF

E Fund CSI All Share Building Materials ETF

SINOMATECH

CHINA NATIONAL BUILDING MATERIAL CO UNSP ADR EACH REPR 50 ORD

China National Building Material Seeks Five-Year Extension to Resolve Industry Competition via Restructuring

BofAS has raised the target price for CNBMfrom HKD5.7 to HKD6.7, citing an expected improvement in the cement business outlook. The company reported a net loss of RMB177 million in Q1, consistent with prior warnings, but the loss narrowed by 60% YoY, aided by better performance from fiberglass subsidiaries. The cement business, however, remained flat YoY with a net loss of RMB1.5 billion. BofAS maintains a Buy rating on the stock.

AASTOCKS News

Bank of America

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

BofAS Raises CNBM  TP to HKD6.7, Expects Improvement in Cement Business Outlook

CBUMY

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.

Morgan Stanley

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

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

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

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

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

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.

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

600449

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

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CT-CNBM@EC2611A(29333.HK)

China National Building Material Seeks Five-Year Extension to Resolve Industry Competition via Restructuring

BofAS Raises CNBM TP to HKD6.7, Expects Improvement in Cement Business Outlook

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