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OFFON

CHINA RESOURCES CEMENT HOLDINGS LIMITED

(1313)
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China Resources Cement Holdings Limited : The technical configuration is positive

09/15/2020 | 02:54am EDT
long trade
Stop-loss triggered
Entry price : 11.82HKD | Target : 13HKD | Stop-loss : 10.5HKD | Potential : 9.98%
Shares in China Resources Cement Holdings Limited show a positive technical chart pattern over the medium term, which suggests that the rising trend should be followed.
Investors have an opportunity to buy the stock and target the HKD 13.
China Resources Cement Holdings Limited : China Resources Cement Holdings Limited : The technical configuration is positive
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • In a short-term perspective, the company has interesting fundamentals.

Strengths
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
  • Its low valuation, with P/E ratio at 8.8 and 8.81 for the ongoing fiscal year and 2021 respectively, makes the stock pretty attractive with regard to earnings multiples.
  • This company will be of major interest to investors in search of a high dividend stock.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
  • Within the weekly time frame the stock shows a bullish technical configuration above the support level at 9.86 HKD

Weaknesses
  • The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
  • Technically, the stock approaches a strong medium-term resistance at HKD 12.42.

ę MarketScreener.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2021 42 316 M 5 452 M 5 452 M
Net income 2021 9 122 M 1 175 M 1 175 M
Net cash 2021 9 220 M 1 188 M 1 188 M
P/E ratio 2021 6,03x
Yield 2021 8,10%
Capitalization 54 188 M 6 981 M 6 981 M
EV / Sales 2021 1,06x
EV / Sales 2022 0,97x
Nbr of Employees 19 467
Free-Float 31,4%
Upcoming event on CHINA RESOURCES CEMENT HOLDINGS LIMITED
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 20
Average target price 10,44 HKD
Last Close Price 7,76 HKD
Spread / Highest target 54,6%
Spread / Average Target 34,5%
Spread / Lowest Target -0,77%
EPS Revisions
Managers and Directors
NameTitle
You Hong Ji Chief Executive Officer & Executive Director
Fu Li Li Chairman
Xiang Cai Chief Operating Officer
Jun Tang Chief Administrative Officer
Lai Him Shek Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
CHINA RESOURCES CEMENT HOLDINGS LIMITED-10.39%6 981
HOLCIM LTD16.08%38 438
ANHUI CONCH CEMENT COMPANY LIMITED-12.15%36 593
JAMES HARDIE INDUSTRIES PLC18.73%15 497
SHREE CEMENT LIMITED18.63%14 010
TAIWAN CEMENT CORP.18.75%10 906