HX BLDG MAT

Huaxin Cement (6655.HK) staged a single-session rally, hitting an intraday high of HKD 14.950 in the afternoon session, closing up 5.13%, driven by strong Q1 earnings and institutional bullishness on overseas expansion. Q1 revenue grew 31.69% YoY to HKD 10.10 billion, net profit surged 185.17% YoY to HKD 714 million, and EPS rose 179.09% YoY to HKD 0.3288, with operating margins strengthening. The stock opened low at HKD 14.150 before climbing steadily, with total turnover of HKD 34.22 million on 2.33 million shares. At HKD 14.950, it remains 25.99% below the 52-week high of HKD 20.20, but has reclaimed both MA20 (HKD 13.175) and MA60 (HKD 14.24), though YTD still down 19.28%. While the stock trades at a low PE of 8.45x and PB of 0.84x, suggesting cheap valuation.

Huaxin Building Materials (6655.HK) opened lower and rallied higher, with a volume-driven surge in the afternoon session, closing up 5.25% at HKD 14.830, the day's high, driven by strong Q1 earnings and overseas growth. The stock dipped to an intraday low of HKD 13.780 in the morning before finding support and climbing steadily in the afternoon, with total turnover reaching HKD 47.76 million. Q1 2026 revenue grew 31.69% YoY to HKD 10.10 billion, while net profit soared 185.17% YoY to HKD 714 million, with EPS of HKD 0.3288, up 179.09% YoY. Despite the sharp rally, the stock remains 26.58% below its 52-week high of HKD 20.20, though it has reclaimed both the 20-day MA (HKD 12.863) and 60-day MA (HKD 14.37). The stock is down 19.92% year-to-date, trading at a PE of 8.38x and a PB of 0.83x, with a dividend yield of approximately 4.14%. A recent large shareholder, Conch International Holdings, reduced its stake by 3.6356 million shares at HKD 17.795 per share, reflecting lingering investor caution.

Huaxin Building Materials (6655.HK) extended its rally in the afternoon session today, climbing steadily from an intraday morning low of HK$13.31 to close at HK$14.14, up 5.6%, driven primarily by strong first-quarter earnings. The company's net profit for Q1 2026 surged 126% YoY to RMB 213 million, with profit growth significantly outpacing revenue, boosting margins and profitability. Combined with the previously announced final dividend of RMB 0.21 per share (dividend yield of 4.34%) for 2025, the stock gained fundamental and dividend support. However, the current price remains below both the 20-day moving average of HK$12.76 and the 60-day moving average of HK$14.516, while the stock is down 23.65% year-to-date and remains 30% below its 52-week high of HK$20.20. Valuation metrics show a PE of 7.99x and PB of 0.79x, reflecting the market's lagging response to the profit improvement.

Huaxin Building Materials surged in the morning session, reaching an intraday high of HK$14.06 before paring gains, with the latest price at HK$13.46, up about 4.7%, mainly driven by strong Q1 earnings. The company's Q1 revenue rose 31.69% YoY to HK$10.1 billion, net profit surged 185.17% YoY to HK$714 million, and EPS jumped 179.09% YoY to HK$0.3288, reversing the 30.87% YoY decline in net profit in Q4. The current price of HK$13.51 is still 33% below the 52-week high of HK$20.2 and below the MA60 of HK$14.645, but has recovered above the MA20 of HK$12.803, with a year-to-date decline of 27.05%. However, today's volume was only 4.31 million shares, with a turnover rate of 0.59%, indicating relatively subdued trading activity.

Huaxin Building Materials rallied today, closing at HKD 13.01, up 7.25% from yesterday's HKD 12.13, with an intraday range of 7.0%. The stock bottomed at HKD 12.13 (open) and peaked at HKD 13.10 in the afternoon, forming a bull trend driven by stellar Q1 results. Net profit surged 185.17% YoY to HKD 714 million, revenue rose 31.69% to HKD 10.10 billion, EPS jumped 179.09% to HKD 0.3288, and net margin stood at 7.07%. Positive news, including a Wind ESG A rating and a 126% profit growth highlight, further lifted sentiment. However, the current price of HKD 13.01 still trails both the 20-day MA (HKD 13.089) and 60-day MA (HKD 15.135), while the stock is down 29.75% YTD and remains 35.59% below its 52-week high of HKD 20.20, suggesting a tempered near-term outlook despite strong fundamentals.