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China Resources Building Materials Technology Holdings (1313) investor relations material

China Resources Building Materials Technology Holdings H1 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2025 earnings summary15 Aug, 2025

Executive summary

  • Revenue for 1H25 was RMB10,205.6 million, down 1.0% year-over-year, while gross profit rose 22.2% to RMB1,887.2 million and profit attributable to owners surged 85.0% to RMB306.7 million.

  • EBITDA increased 9.2% to RMB2,043.6 million, and earnings per share rose 85.0% to RMB0.044.

  • Net cash from operating activities turned positive at RMB751.8 million, compared to a negative RMB996.8 million in 1H24.

  • Interim dividend per share was HK$0.014, down from HK$0.020 in 1H24.

  • Net margin improved to 1.7% from 1.3% in the prior year period.

Financial highlights

  • Gross margin improved by 3.5 percentage points to 18.5% in 1H25.

  • Net assets per share increased to RMB6.36 as of June 30, 2025.

  • Cash and bank balances rose 24.5% to RMB2,781.8 million at period end.

  • Gearing ratio was 35.1%.

  • Total assets stood at RMB71,921.9 million, nearly flat from year-end 2024.

Outlook and guidance

  • Expected capital expenditures for 2H25 are approximately RMB2,119 million.

  • The company will focus on reform, cost reduction, and digital transformation to enhance competitiveness.

  • Government fiscal policy and infrastructure investment are expected to support demand.

  • Real estate market stabilization and quality-focused housing initiatives may provide further opportunities.

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