OTCMKTS:CARCY

China Resources Cement (CARCY) Stock Forecast, Price & News

$8.25

0.00 (0.00%)

(As of 10/2/2023 ET)

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Today's Range: $8.25
▼
$8.25
50-Day Range: $8.25
▼
$12.40
52-Week Range: $8.25
▼
$18.18

Volume: 14 shs
Average Volume: 348 shs
Market Capitalization: $1.92 billion

P/E Ratio: 18.33
Dividend Yield: 3.27%
Price Target: N/A

Profile Analyst Ratings Chart Competitors Dividend Earnings Headlines Short Interest

About China Resources Cement (OTCMKTS:CARCY) Stock

China Resources Cement Holdings Limited, an investment holding company, engages in manufacture and sale of cement, concrete, and related products and services in Mainland China and Hong Kong. It operates through Cement and Concrete segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete. It offers Portland cement; and basic and structural building materials under the Runfeng brand. The company's products are used in the construction of infrastructure projects, such as railways, highways, subways, bridges, airports, ports, dams, and hydroelectric and nuclear power stations, as well as high-rise buildings, and suburban and rural area development. It also trades in cement, steel pipes, aggregates, and construction materials; provides environmental protection engineering and building materials testing and consultancy services; mines aggregates; manufacture and processes engineered stones; holds properties; and manufactures and sells prefabricated construction materials. The company was incorporated in 2003 and is headquartered in Wan Chai, Hong Kong. China Resources Cement Holdings Limited is a subsidiary of CRH (Cement) Limited.

CARCY Price History

30 days | 90 days | 365 days | Advanced Chart

CARCY Stock News Headlines

September 29, 2023 | americanbankingnews.com

Smith-Midland (NASDAQ:SMID) & China Resources Cement (OTCMKTS:CARCY) Head-To-Head Survey

September 25, 2023 | americanbankingnews.com

Reviewing China Resources Cement (OTCMKTS:CARCY) and Smith-Midland (NASDAQ:SMID)

October 2, 2023 | Behind the Markets (Ad)

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September 24, 2023 | americanbankingnews.com

Head to Head Contrast: China Resources Cement (OTCMKTS:CARCY) vs. Smith-Midland (NASDAQ:SMID)

September 23, 2023 | americanbankingnews.com

China Resources Cement (OTCMKTS:CARCY) & Smith-Midland (NASDAQ:SMID) Head-To-Head Contrast

September 12, 2023 | msn.com

China Resources Cement Holdings goes ex-dividend tomorrow

July 29, 2023 | wsj.com

China Resources Cement Holdings Ltd. ADR

June 20, 2023 | wsj.com

China Shanshui Cement Group Ltd.

October 2, 2023 | Goldco (Ad)

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April 20, 2023 | marketwatch.com

Attaining Success in Bulk Cement Market: Valuable Insights and Strategies

April 7, 2023 | finance.yahoo.com

China Resources Cement Holdings Limited (1313.HK)

January 26, 2023 | finance.yahoo.com

China Cement Clinker Import Industry Report 2023: Import Value was $1426.9 million in 2021, up 6% y-o-y - Outlook to 2032

January 24, 2023 | marketwatch.com

Cement Clinker Market International Business Analysis, Development Outlook and Regional Strategies 2028

January 23, 2023 | marketwatch.com

White Cement Clinker Market 2023 : Research Report, Industry Growth, Competitors Analysis and Forecast 2029

January 4, 2023 | marketwatch.com

Ready Mix Concrete Market Dynamics with Top Players, Gross Margin, Regional Demand, Plans and Demand Status Forecast to 2028

November 3, 2022 | seekingalpha.com

Continuity And Concrete Direction: Takeaways From China's 20th Party Congress

October 12, 2022 | forbes.com

China Resources Cement Holdings

October 8, 2022 | wsj.com

China Resources Cement Holdings Ltd.

September 28, 2022 | marketwatch.com

Cement Clinker Market 2022 : Top Manufacturers, Key Trends, Progression Status and Business Trends to 2028 | 124 Pages Report

September 9, 2022 | msn.com

Green Cement is future of construction, says industry expert Himansh Verma

September 9, 2022 | reuters.com

China Resources Cement Holdings Ltd

July 7, 2022 | yahoo.com

Exclusive-How an Indian cement maker bought Russian coal using yuan

May 26, 2022 | tmcnet.com

Taiwan Cement Corp. (TCC) held its 2022 annual general meeting, in which Chairman Nelson Chang delivered a speech and shared business updates

January 19, 2022 | nasdaq.com

China Resources Cement Holdings Ltd. ADR (CARCY)

September 3, 2021 | investing.com

China Resources Cement Holdings Ltd ADR (CARCY)

September 2, 2021 | investing.com

China Resources Cement Holdings Ltd (1313)

July 18, 2021 | news.yahoo.com

Using plastic waste to help solve sand shortages

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CARCY Company Calendar

Ex-Dividend for 8/3 Dividend: 5/31/2023
Dividend Payable: 8/03/2023
Last Earnings: 8/18/2023
Ex-Dividend for 11/13 Dividend: 9/13/2023
Today: 10/02/2023
Dividend Payable: 11/13/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Concrete products, not elsewhere classified
Sub-Industry: N/A
Sector: Construction
Current Symbol: OTCMKTS:CARCY
CUSIP: N/A
CIK: N/A
Web: www.crcement.com
Phone: 852-3118-6800
Fax: 852-3118-6830
Employees: 19,046
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.45
Trailing P/E Ratio: 18.33
Forward P/E Ratio: 5.25
P/E Growth: N/A
Net Income: $247.19 million
Net Margins: 2.85%
Pretax Margin: N/A
Return on Equity: 1.64%
Return on Assets: 1.01%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 0.86
Quick Ratio: 0.64

Sales & Book Value

Annual Sales: $4.11 billion
Price / Sales: 0.47
Cash Flow: $2.46 per share
Price / Cash Flow: 3.36
Book Value: $27.89 per share
Price / Book: 0.30

Miscellaneous

Outstanding Shares: 232,760,000
Free Float: N/A
Market Cap: $1.92 billion
Optionable: Not Optionable
Beta: 0.14

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Key Executives

Mr. Youhong Ji (Age 58)
Exec. Chairman
Comp: $548.49k

Mr. Shiqing Jing (Age 42)
CEO & Exec. Director

Madam Ying Tan (Age 45)
Chief Financial Officer

Mr. Xiang Cai (Age 56)
VP & GM of the Operations Management Department

Mr. Wei Li (Age 55)
VP & GM of the Marketing Management Department

Mr. Yiu Fung So (Age 41)
Company Sec.

Key Competitors

View All Competitors

CARCY Stock - Frequently Asked Questions

Should I buy or sell China Resources Cement stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for China Resources Cement in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CARCY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CARCY, but not buy additional shares or sell existing shares.
View CARCY analyst ratings or view top-rated stocks.
How have CARCY shares performed in 2023?: China Resources Cement's stock was trading at $14.36 at the start of the year. Since then, CARCY stock has decreased by 42.5% and is now trading at $8.25.
View the best growth stocks for 2023 here.
How were China Resources Cement's earnings last quarter?: China Resources Cement Holdings Limited (OTCMKTS:CARCY) issued its quarterly earnings results on Friday, August, 18th. The company reported $0.40 earnings per share for the quarter. The company had revenue of $981.78 million for the quarter. China Resources Cement had a net margin of 2.85% and a trailing twelve-month return on equity of 1.64%.
How often does China Resources Cement pay dividends? What is the dividend yield for China Resources Cement?: China Resources Cement announced a dividend on Tuesday, August 22nd. Investors of record on Thursday, September 14th will be paid a dividend of $0.1364 per share on Monday, November 13th. The ex-dividend date is Wednesday, September 13th. This is an increase from the stock's previous dividend of $0.03.
Read our dividend analysis for CARCY.
Is China Resources Cement a good dividend stock?: China Resources Cement (OTCMKTS:CARCY) pays an annual dividend of $0.27 per share and currently has a dividend yield of 3.31%. The dividend payout ratio is 60.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CARCY will have a dividend payout ratio of 13.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CARCY.

What is China Resources Cement's stock symbol?: China Resources Cement trades on the OTCMKTS under the ticker symbol "CARCY."
How do I buy shares of China Resources Cement?: Shares of CARCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is China Resources Cement's stock price today?: One share of CARCY stock can currently be purchased for approximately $8.25.
How much money does China Resources Cement make?: China Resources Cement (OTCMKTS:CARCY) has a market capitalization of $1.92 billion and generates $4.11 billion in revenue each year. The company earns $247.19 million in net income (profit) each year or $0.45 on an earnings per share basis.
How many employees does China Resources Cement have?: The company employs 19,046 workers across the globe.
How can I contact China Resources Cement?: China Resources Cement's mailing address is China Resources Building Room 4606-08 26 Harbour Road, Wan Chai K3, . The official website for the company is www.crcement.com. The company can be reached via phone at 852-3118-6800, via email at crcement@crc.com, or via fax at 852-3118-6830.

This page (OTCMKTS:CARCY) was last updated on 10/2/2023 by MarketBeat.com Staff

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