Minerva Investment Management Society

Equity Research Report

Anhui Conch Cement Co Ltd - Equity Research

· Equity Research

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Summary

Anhui Conch is the leading cement producer in China and second in the World. The company has been recently characterized by an exceptionally prompt growth. It has shown outstanding resilience, managing to recover the losses recorded at the beginning of 2020 as early as in the first quarter of 2021. The demand for construction materials worldwide has surged in the last decade. In the Asia- Pacific region, the growth of the cement market is driven by substantial public investments, aimed at the development of new infrastructures, such as bridges, railways and highways. The company is particularly successful in South and East China, where it performs better than the rest of the market.

Authors

  • Çisem AlmalıAnalyst
  • Emanuele LicariAnalyst
  • Matteo PellandinoAnalyst
  • Dario ScordamagliaAnalyst
  • Luigi TamburiniAnalyst
  • Gianmaria BartoccioniHead of Equity Research
  • Tommaso BeverinaHead of Research

Details

Published
30 April 2021
Division
Equity Research
Type
Equity Research Report
Pages
16
Authors
7

Cite this report

Minerva Investment Management Society (2021). Anhui Conch Cement Co Ltd - Equity Research. Equity Research. https://minervaims.org/archive/anhui-conch-cement-co-ltd-equity-research-2021

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