Anhui Conch Cement (914) Earnings: FY Net Income Hits 7.70B Yuan Despite 26.2% Drop

Anhui Conch Cement on Smartkarma

Anhui Conch Cement has received positive analyst coverage on Smartkarma, with Eric Chen‘s report titled “Anhui Conch (914 HK): Sharp Price Hikes Boost Our Confidence in 4Q Turnaround” indicating a bullish sentiment. The report highlights the potential for the company’s earnings to double in the fourth quarter, breaking a streak of 14 consecutive quarters of decline since the second quarter of 2021. Recent significant clinker price hikes in the Yangtze river region are seen as a signal of this positive turnaround.

The outlook for Anhui Conch Cement is further bolstered by Beijing’s stimulus package aimed at boosting the property market and reviving the economy, which improves the industry’s prospects for 2025. Chen’s analysis suggests that industry dynamics are shifting, with a lag in consensus adjustments to reflect these changes. He forecasts a 15% increase in 2024 earnings compared to consensus estimates, anticipating that this upward revision will support a potential price-to-book expansion for the company.

A look at Anhui Conch Cement Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Anhui Conch Cement Company Limited, a leading cement manufacturer, is poised for a promising long-term outlook based on the Smartkarma Smart Scores. With a stellar Value and Dividend Score of 5 each, the company showcases strong fundamentals and investor-friendly returns. Moreover, its impressive Momentum Score of 5 suggests a positive market sentiment and potential for continued growth. Despite a slightly lower Growth Score of 2, indicating moderate expansion prospects, Anhui Conch Cement‘s Resilience Score of 4 highlights its ability to weather economic uncertainties effectively. Overall, the company’s robust scores across key metrics position it favorably for sustained success in the cement industry both in China and globally.

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