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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
China Resources Building Materials Technology
China Resources Building Materials Technology (1313) investor relations material
China Resources Building Materials Technology Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary23 Oct, 2026
Executive summary
9M 2026 turnover fell 14.9% YoY to RMB12,825.0m; owners’ attributable result swung to a RMB796.2m loss from RMB331.0m profit.
Q3 owners’ attributable loss was RMB354.9m, versus profit of RMB24.3m in Q3 2025.
Financial highlights
9M gross profit declined 61.8% YoY to RMB973.2m; gross margin contracted 9.3 percentage points to 7.6%.
Q3 turnover was RMB4,189.1m versus RMB4,864.0m YoY; gross profit was RMB259.3m versus RMB662.9m.
9M loss before taxation was RMB1,047.5m; loss for the period was RMB935.9m.
Segment performance
Cement products turnover fell to RMB7,597,278,000 from RMB9,135,433,000; sales volume declined to 36,984,000 tons and average selling price to RMB205.4/ton.
Concrete turnover was RMB3,046,299,000 versus RMB3,101,637,000; volume rose to 12,978,000 m³ while average selling price fell to RMB234.7/m³.
Aggregates turnover declined to RMB1,565,023,000 from RMB2,034,499,000; volume fell to 53,155,000 tons and average selling price to RMB29.4/ton.
9M gross margins: cement 4.8% (17.1% in 2025), concrete 11.8% (14.7%) and aggregates 13.5% (25.4%).
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Latest events from China Resources Building Materials Technology
- Turnover fell 15.4% and net loss reached RMB441.2 million as margins and prices declined.1313
H1 2026 - Turnover and profit fell sharply in 1Q26 due to lower prices and higher leverage.1313Q1 2026
- Net profit soared 127.3% YoY, with higher dividends and improved margins despite lower revenue.1313H2 2025
- Turnover and profit declined sharply year-over-year amid weak demand and lower prices.1313Q3 2024
- Gross profit and margins improved in 1Q25 despite lower turnover and no interim dividend.1313Q1 2025
- Profit rose 7.3% to RMB331.0 million despite a 4.5% turnover drop and weak cement sales.1313Q3 2025
- Turnover and profit dropped sharply, but aggregates and concrete volumes increased.1313H1 2024
- Turnover and profit fell, but gross margin and free cash flow improved; aggregates and concrete volumes surged.1313H2 2024
- Profit attributable to owners surged 85% on improved margins and cost control.1313H1 2025
Next China Resources Building Materials Technology earnings date
H2 202619 Mar, 2027
China Resources Building Materials Technology
Next China Resources Building Materials Technology earnings date
H2 202619 Mar, 2027
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