China Building Materials is on the alert. It is expected to lose about 700 million yuan in the first three quarters due to falling commodity prices. According to a research report published by UBS, it is estimated that the company lost 2,018 billion yuan in the first half of the year and earned 1,318 billion yuan in the third quarter. Based on communication with investors, the bank believes that the quarterly improvement in China Building Materials' profit for the third quarter will be better than market expectations. Based on the profit warning, UBS adjusted its earnings estimates for China Building Materials. From this year to 2026, the earnings estimates per share were lowered to 14 points, 28 points and 39 points, respectively, and the valuation basis was extended to 2025, based on a forecasted market account ratio of 0.23 times. The target price was raised from HK$3.1 to HK$3.2, with a rating of “neutral”.

China Building Materials is on the alert. It is expected to lose about 700 million yuan in the first three quarters due to falling commodity prices. According to a research report published by UBS, it is estimated that the company lost 2,018 billion yuan in the first half of the year and earned 1,318 billion yuan in the third quarter. Based on communication with investors, the bank believes that the quarterly improvement in China Building Materials' profit for the third quarter will be better than market expectations. Based on the profit warning, UBS adjusted its earnings estimates for China Building Materials. From this year to 2026, the earnings estimates per share were lowered to 14 points, 28 points and 39 points, respectively, and the valuation basis was extended to 2025, based on a forecasted market account ratio of 0.23 times. The target price was raised from HK$3.1 to HK$3.2, with a rating of “neutral”.