Should I buy or sell China Resources Building Materials Technology stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for China Resources Building Materials Technology in the last year. There are currently 1 hold rating 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 2024?

China Resources Building Materials Technology's stock was trading at $6.3650 at the beginning of 2024. Since then, CARCY shares have decreased by 20.2% and is now trading at $5.08. View the best growth stocks for 2024 here .

How often does China Resources Building Materials Technology pay dividends? What is the dividend yield for China Resources Building Materials Technology?

China Resources Building Materials Technology announced a dividend on Tuesday, August 22nd. Stockholders of record on Thursday, September 14th will be given a dividend of $0.1364 per share on Monday, November 13th. The ex-dividend date is Wednesday, September 13th. This is a boost from the stock's previous dividend of $0.03. Read our dividend analysis for CARCY .

Is China Resources Building Materials Technology a good dividend stock?

China Resources Building Materials Technology (OTCMKTS:CARCY) pays an annual dividend of $0.28 per share and currently has a dividend yield of 5.44%. CARCY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 63.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CARCY will have a dividend payout ratio of 56.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CARCY .

How do I buy shares of China Resources Building Materials Technology?

Shares of CARCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:CARCY

China Resources Building Materials Technology (CARCY) Stock Price, News & Analysis

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$5.08

0.00 (0.00%)

(As of 04/15/2024 ET)

Compare

Today's Range: $5.08
▼
$5.08
50-Day Range: $4.48
▼
$5.20
52-Week Range: $4.41
▼
$13.19

Volume: 5 shs
Average Volume: 715 shs
Market Capitalization: $1.18 billion

P/E Ratio: 11.55
Dividend Yield: 5.51%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines SEC Filings Short Interest

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About China Resources Building Materials Technology Stock (OTCMKTS:CARCY)

China Resources Building Materials Technology 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 formerly known as China Resources Cement Holdings Limited and changed its name to China Resources Building Materials Technology Holdings Limited in November 2023. The company was incorporated in 2003 and is headquartered in Wan Chai, Hong Kong. China Resources Building Materials Technology Holdings Limited operates as a subsidiary of CRH (Cement) Limited.

CARCY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CARCY Stock News Headlines

April 16, 2024 | reuters.com

China's iron ore imports rise as inventories build: Russell

April 10, 2024 | news.yahoo.com

Cambium is building a recycled wood supply chain

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.

March 29, 2024 | msn.com

China EV battery maker BTR to build cathode plant in Morocco

March 26, 2024 | msn.com

China’s Battery Champion Says Geopolitical Tensions Won’t Derail U.S. Expansion

March 25, 2024 | forbes.com

China Market Update: Meituan Moves As Global CEOs Meet In Beijing

March 12, 2024 | msn.com

How China Became A Battery Manufacturing Juggernaut

March 8, 2024 | msn.com

China doubles down on manufacturing, leaving real estate behind

April 16, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

March 7, 2024 | yahoo.com

Company receives millions for its novel 3D graphene battery technology for EVs: 'We could go faster'

March 4, 2024 | msn.com

China's Huayou Cobalt chief proposes battery material policy to tackle overcapacity

February 27, 2024 | yahoo.com

China’s EV boom at crossroads with battery safety

February 22, 2024 | wsj.com

China Resources Building Materials Technology Holdings Ltd.

February 20, 2024 | bloomberg.com

These Are the Challenges of Building a US Battery Industry

December 21, 2023 | detroitnews.com

China to halt export of rare-earth tech, imperiling EV materials

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.

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.

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Company Calendar

Today: 4/16/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Construction
Industry: Concrete products, not elsewhere classified
Sub-Industry: N/A
Current Symbol: OTCMKTS:CARCY
CUSIP: N/A
CIK: 1484515
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): $0.44
Trailing P/E Ratio: 11.55
Forward P/E Ratio: 12.10
P/E Growth: N/A
Net Income: $247.19 million
Net Margins: 3.12%
Pretax Margin: N/A
Return on Equity: 1.60%
Return on Assets: 0.98%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 0.83
Quick Ratio: 0.61

Sales & Book Value

Annual Sales: $4.11 billion
Price / Sales: 0.29
Cash Flow: $2.45 per share
Price / Cash Flow: 2.07
Book Value: $27.89 per share
Price / Book: 0.18

Miscellaneous

Outstanding Shares: 232,760,000
Free Float: N/A
Market Cap: $1.18 billion
Optionable: Not Optionable
Beta: 0.20

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Key Executives

Mr. Youhong Ji (Age 59)
Executive Chairman
Comp: $549.24k
Mr. Shiqing Jing (Age 43)
CEO & Executive Director
Comp: $23.27k
Mr. Yulong Yang
Chief Financial Officer
Mr. Xiang Cai (Age 57)
VP & GM of the Operations Management Department
Mr. Wei Li (Age 56)
VP & GM of the Marketing Management Department
Mr. Yiu Fung So (Age 42)
Company Secretary

Key Competitors

View All Competitors

CARCY Stock Analysis - Frequently Asked Questions

Should I buy or sell China Resources Building Materials Technology stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for China Resources Building Materials Technology in the last year. There are currently 1 hold rating 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 2024?: China Resources Building Materials Technology's stock was trading at $6.3650 at the beginning of 2024. Since then, CARCY shares have decreased by 20.2% and is now trading at $5.08.
View the best growth stocks for 2024 here.
How often does China Resources Building Materials Technology pay dividends? What is the dividend yield for China Resources Building Materials Technology?: China Resources Building Materials Technology announced a dividend on Tuesday, August 22nd. Stockholders of record on Thursday, September 14th will be given a dividend of $0.1364 per share on Monday, November 13th. The ex-dividend date is Wednesday, September 13th. This is a boost from the stock's previous dividend of $0.03.
Read our dividend analysis for CARCY.

Is China Resources Building Materials Technology a good dividend stock?: China Resources Building Materials Technology (OTCMKTS:CARCY) pays an annual dividend of $0.28 per share and currently has a dividend yield of 5.44%. CARCY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 63.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CARCY will have a dividend payout ratio of 56.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CARCY.
How do I buy shares of China Resources Building Materials Technology?: Shares of CARCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:CARCY) was last updated on 4/16/2024 by MarketBeat.com Staff

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