HX BLDG MAT (Huaxin Building Materials Group Co., Ltd.) reported solid third-quarter results for the period ended 30 September 2026, underscoring momentum from newly commissioned overseas capacity and stronger sales volumes.
Revenue and Earnings • Q3 revenue reached RMB 10.19 billion, a 13.42% year-on-year increase. • Profit before tax rose 28.25% to RMB 1.83 billion. • Net profit attributable to shareholders advanced 23.68% to RMB 1.11 billion. • Basic earnings per share came in at RMB 0.55, up 26.68%.
Year-to-Date Performance • Nine-month revenue grew 18.60% to RMB 29.69 billion. • Profit before tax jumped 47.30% to RMB 5.08 billion. • Net profit attributable to shareholders expanded 41.05% to RMB 2.83 billion, while operating cash flow improved 52.20% to RMB 4.91 billion. • The weighted average return on equity increased 1.74 percentage points to 8.12%.
Balance Sheet Highlights • Total assets stood at RMB 83.63 billion, 3.15% higher than year-end 2025. • Equity attributable to shareholders rose 7.07% to RMB 34.33 billion, supported by profit accumulation despite a modest RMB 87.67 million of treasury shares.
Dividend Proposal The board proposes an interim cash dividend of RMB 0.50 per share (tax inclusive), totaling approximately RMB 1.04 billion—equivalent to 36.78% of year-to-date attributable profit. The plan is subject to approval at the forthcoming extraordinary general meeting.
Strategic Transactions On 31 July 2026, the board approved the related-party acquisition of a 67.623% stake in Holcim Philippines Inc. for around USD 527 million, with an option to purchase an additional 31.377% after three years. The deal, endorsed by shareholders on 30 October 2026 and cleared by the Philippine Competition Commission, awaits final regulatory filings.
Liquidity and Cash Flow Net cash used in investing activities totaled RMB 2.54 billion, reflecting capital expenditure of RMB 1.78 billion and RMB 1.91 billion in investment outlays, partially offset by RMB 1.23 billion in disposals and investment returns. Financing activities showed a net outflow of RMB 2.72 billion due to debt repayments and dividend payments. Cash and cash equivalents at quarter-end stood at RMB 6.41 billion.
Shareholder Structure As of 30 September 2026, HX BLDG MAT had 23,288 shareholders. HKSCC Nominees Limited remained the largest holder with a 35.34% stake, followed by Holchin B.V. (21.71%) and Huaxin Group Co., Ltd. (17.24%).
Outlook Indicators Management attributes earnings momentum to the “stable release of new overseas capacity and increased sales volume,” signaling continued focus on international expansion. The board noted that operating cash flow benefited from both profit growth and disciplined working-capital management.
All figures are unaudited and reported under China Accounting Standards for Business Enterprises.
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