China Resources Cement Holdings Ltd operates within the Cement, hydraulic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Resources Cement Holdings Ltd with three other
cement and concrete producers in Asia:
Tangshan Jidong Cement Co.
sales of 35.42 billion Chinese Renmimbi [US$5.53 billion]
of which 78%
Ultra Tech Cement Limited
(415.89 billion Indian Rupees [US$5.67 billion]
of which 100%
was Cement), and
Huaxin Cement Company Limited
based in CHINA
(29.17 billion Chinese Renmimbi [US$4.55 billion]
of which 94%
During the first
quarter of 2021, sales at China Resources Cement Holdings Ltd totalled
an increase of 52.1%
from the HK$5.59 billion in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at China Resources Cement Holdings Ltd in the previous 27 quarters.
There appears to be at least some degree of seasonality in the sales at China Resources Cement Holdings Ltd: during 6 of the previous 7
years, sales were highest during the fourth quarter.
The exception to this was during 2015, when the
second quarter was the best quarter, accounting for
27% of sales (during that same year, the
fourth quarter accounted for 26% of sales).
During the year ended December of 2020, sales at
China Resources Cement Holdings Ltd were HK$40.09 billion (US$5.16 billion).
increase of 2.9%
versus 2019, when the company's sales were HK$38.96 billion.
This was the fourth straight year of sales growth at China Resources Cement Holdings Ltd.
Sales of Cement saw an increase
4.6% in 2020, from
HK$32.04 billion to HK$33.53 billion.
Not all segments of China Resources Cement Holdings Ltd experienced an increase in sales in 2020:
sales of Concrete fell 5.1% to HK$6.56 billion.