Asia Cement (China) Holdings (0743) AI Stock Analysis

Asia Cement (China) Holdings

(HKEX:0743)

Select Model

Rating:44Neutral

Price Target:HKD 1.50▲(6.01% Upside)

Action:reiterated

Date:11/13/26

The score is primarily constrained by deteriorating profitability and weak cash-flow quality, with bearish technical trends adding pressure. The strong, lightly leveraged balance sheet and dividend yield provide limited support.

Positive Factors

Conservative Balance SheetLow leverage reduces financial risk and preserves flexibility during a prolonged operating downturn. The company has comparatively substantial equity supporting its asset base, which can help it withstand weak demand and retain capacity to fund operations without excessive debt dependence.

Negative Factors

Multi-Year Revenue ContractionA sustained decline in revenue points to weakening business scale rather than a temporary quarterly fluctuation. Lower sales reduce operating leverage, limit the ability to absorb fixed manufacturing costs, and make a durable recovery in earnings more difficult unless demand or market share improves.

Asia Cement (China) Holdings (0743) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 2.22B
Dividend Yield: 2.40%
Average Volume (3M): 470.18K
Price to Earnings (P/E): -5.3
Beta (1Y): 0.55
Revenue Growth: -10.27%
EPS Growth: -211.87%
Country: Hong Kong
Employees: 2,727
Sector: Basic Materials
Sector Strength: 61
Industry: Construction Materials

Asia Cement (China) Holdings Business Overview & Revenue Model

Company Description

Asia Cement (China) Holdings Corporation, an investment holding company, manufactures and sells cement, concrete, and related products in the People's Republic of China. It operates through Cement Business and Concrete Business segments. The company...

Asia Cement (China) Holdings Financial Statement Overview

Summary

Strong balance sheet with low leverage and high equity is outweighed by sharply weaker revenue, margins, profitability, and highly volatile cash generation.

Income Statement

24Negative

Balance Sheet

83Very Positive

Cash Flow

29Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.68B	5.11B	5.89B	7.43B	9.61B	11.76B
Gross Profit	267.27M	779.45M	592.56M	1.07B	1.29B	3.68B
EBITDA	735.69M	169.69M	799.43M	1.19B	1.49B	3.69B
Net Income	-359.74M	85.72M	-263.68M	106.09M	420.07M	1.77B
Balance Sheet
Total Assets	19.76B	19.81B	19.68B	20.28B	21.15B	21.42B
Cash, Cash Equivalents and Short-Term Investments	4.64B	5.11B	9.02B	9.40B	9.02B	7.56B
Total Debt	1.62B	1.70B	1.24B	1.87B	2.47B	1.57B
Total Liabilities	3.16B	2.84B	2.80B	3.08B	3.76B	3.74B
Stockholders Equity	16.24B	16.61B	16.51B	16.84B	16.99B	17.27B
Cash Flow
Free Cash Flow	367.89B	-359.40M	1.35M	1.21B	1.25B	2.15B
Operating Cash Flow	11.67M	310.35M	459.74M	1.53B	1.61B	2.50B
Investing Cash Flow	-221.31M	-904.04M	-4.12B	-2.81B	257.34M	1.39B
Financing Cash Flow	106.72M	287.72M	-759.14M	-973.67M	138.93M	-2.40B

Asia Cement (China) Holdings Technical Analysis

Technical Analysis SentimentNegative

Last Price1.42

Price Trends

50DMA1.56Negative

100DMA1.63Negative

200DMA1.88Negative

Market Momentum

MACD-0.04Negative

RSI34.83Neutral

STOCH31.82Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0743, the sentiment is Negative. The current price of 1.42 is below the 20-day moving average (MA) of 1.45, below the 50-day MA of 1.56, and below the 200-day MA of 1.88, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 34.83 is Neutral, neither overbought nor oversold. The STOCH value of 31.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0743.

Asia Cement (China) Holdings Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

HK:0743 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:6655	76Outperform	HKD 52.36B	14.72	11.10%	3.48%	21.63%	18.61%
HK:0914	71Outperform	HKD 104.70B	20.73	2.37%	4.99%	-6.86%	-26.49%
Sector *	61Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HK:1252	50Neutral	HKD 739.99M	2.14	1.79%	―	―	―
HK:0743	44Neutral	HKD 2.19B	-5.28	-2.19%	2.40%	-10.27%	-211.87%
HK:0691	43Neutral	HKD 896.92M	-0.51	-8.62%	―	-23.06%	-1157.34%
HK:0695	38Underperform	HKD 3.44B	-50.16	-20.37%	―	-41.36%	-130.80%

* Basic Materials Sector Average

Performance Comparison

HK:0743 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:0743	Asia Cement (China) Holdings Corp	1.42	-1.09	-43.54%
HK:0914	Anhui Conch Cement Company Class H	17.02	-5.46	-24.29%
HK:0691	China Shanshui Cement Group	0.21	-0.50	-70.99%
HK:1252	China Tianrui Group Cement Co., Ltd.	0.24	-0.08	-25.00%
HK:6655	Huaxin Cement Co., Ltd. Class H	17.65	-0.46	-2.52%
HK:0695	Dongwu Cement International Ltd.	6.05	1.69	38.76%

Asia Cement (China) Holdings Corporate Events

Asia Cement (China) Swings to Nine-Month Loss as Margins Contract

Oct 27, 2026

Asia Cement (China) Holdings reported an unaudited loss attributable to equity holders of about RMB300.9 million for the nine months ended 30 September 2026, reversing a profit of RMB146.3 million a year earlier. Revenue fell to RMB3.33 billion from...

Asia Cement (China) Warns of RMB300 Million Loss on Weaker Cement Market

Oct 16, 2026

Asia Cement (China) Holdings has issued a profit warning, stating that it expects to post an unaudited loss attributable to equity holders of about RMB300.9 million for the nine months ended 30 September 2026. This marks a sharp reversal from the pro...

Asia Cement (China) Sets October Board Meeting to Review Nine-Month Results

Oct 13, 2026

Asia Cement (China) Holdings has scheduled a board meeting for 27 October 2026 to review and approve its quarterly results for the nine months ended 30 September 2026. The board will also consider whether to recommend an interim dividend, a decision...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 13, 2026

Asia Cement (China) Holdings AI Stock Analysis