Major Beijing state-owned cement and building-materials group, also active in environmental protection and real estate.
Major Beijing state-owned cement and building-materials group, also active in environmental protection and real estate.
Earns mainly by selling cement and concrete by volume to construction projects, with Beijing and the surrounding region its home ground, so results depend on local construction activity and on policy limits on production. The Beijing government owns it, and property development is a smaller part.
Moat: narrow (scale, regulatory licence). Dominant regional cement/building-materials position around Beijing, backed by state ownership.
Headquarters: Beijing, China · Employees: 42,792
Size BBMG (601992.SS) is a China Materials company (Construction Materials) with a market value of $1.86B, the 1354th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥1.34 on 6 Nov 2026.
Performance Over six months the shares fell 19.3%, against -10.1% for the median peer and -16.4% for the China market (cap-weighted) — 10th lowest of 20 in its peer set.
Growth Revenue fell 25.3% over the last twelve months (peer median +0.6%); the operating margin is -3.8% (peer median 9.8%).
Valuation It trades at 0.40× book value against a peer median of 1.06× (3rd cheapest of 21).
Price implies The share price implies a return on equity of about 3.9%; BBMG delivers -8.5%, so the price asks more than the business earns today.
Next results Next results expected around 25 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥77.1B | CN¥90.9B | CN¥110B | CN¥108B | CN¥103B |
| Revenue growth | — | -18% | +3% | +5% | — |
| Gross profit | CN¥12.2B | CN¥10.7B | CN¥11.3B | CN¥11.8B | CN¥15.1B |
| EBITDA | n/a | CN¥4.57B | CN¥5.43B | CN¥5.03B | CN¥8.71B |
| Net income | -CN¥3.25B | -CN¥1.01B | -CN¥555M | CN¥25.3M | CN¥1.21B |
| Free cash flow | CN¥7.05B | -CN¥1.28B | -CN¥8.44B | CN¥4.26B | CN¥8.53B |
| Capital expenditure | CN¥3.54B | CN¥2.88B | CN¥3.41B | CN¥3.28B | CN¥5.93B |
| Total debt | CN¥161B | CN¥158B | CN¥155B | CN¥139B | CN¥127B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| BBMG 601992.SS | $1.86B | -19% | -25% | -9% | 0.40× | 3.9% |
| BBMG Jidong Cement 000401.SZ | $1.35B | -21% | -8% | -5% | 0.35× | 3.1% |
| Anhui Conch Cement 600585.SS | $13.9B | -12% | -8% | 2% | 0.51× | 3.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 601992.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.0% | +0.8% | 9th lowest of 21 |
| 6-month return | -19.3% | -10.1% | 10th lowest of 20 |
| Return on equity | -8.5% | 5.5% | 2nd lowest of 21 |
| Price / book | 0.40× | 1.06× | 3rd cheapest of 21 |
| ROE the price implies | 3.9% | 10.1% | 2nd least demanding of 21 |
| ROE delivered | -8.5% | 5.5% | 2nd lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| BBMG 601992.SS | China | $1.86B | -19% | -25% | -9% | 0.40× | 3.9% | -8.5% |
| Gansu Shangfeng Materials 000672.SZ | China | $1.88B | -6% | -23% | 33% | 1.08× | 10.6% | 33.2% |
| SigmaRoc SRC.L | United Kingdom | $1.95B | +14% | +4% | 11% | 1.71× | 22.8% | 11.1% |
| Sichuan Hexie Shuangma 000935.SZ | China | $1.98B | -35% | -14% | -3% | 1.74× | 18.4% | -3.1% |
| CCCC Design And Consulting 600720.SS | China | $1.73B | -24% | -10% | 7% | 0.72× | 4.8% | 7.2% |
| YOUNGY 002192.SZ | China | $2.03B | -52% | +315% | 38% | 2.70× | 36.3% | 38.0% |
| Titan America TTAM | United States | $2.08B | -32% | +5% | 17% | 1.91× | 16.5% | 17.4% |
| Breedon BREE.L | United Kingdom | $1.60B | +17% | +8% | 7% | 0.96× | 12.4% | 6.9% |
| Imerys NK.PA | France | $2.41B | +11% | -2% | -15% | 0.81× | 8.6% | -14.9% |
| Fsilon Furnishing and Construction Materials 605318.SS | China | $1.36B | -29% | -15% | -4% | 14.64× | 100.7% | -3.9% |
| BBMG Jidong Cement 000401.SZ | China | $1.35B | -21% | -8% | -5% | 0.35× | 3.1% | -4.8% |
| Guangdong Tapai 002233.SZ | China | $1.34B | -10% | -11% | 3% | 0.77× | 4.8% | 2.6% |
| West China Cement 2233.HK | Hong Kong | $1.30B | -29% | -10% | 4% | 0.71× | 8.2% | 4.1% |
| Cementos Molins CMO.MC | Spain | $2.70B | n/a | +14% | 15% | 1.65× | 7.4% | 14.7% |
| Cementir CEM.MI | Italy | $2.70B | +5% | -2% | 11% | 1.24× | 11.7% | 10.8% |
| Caltagirone CALT.MI | Italy | $1.26B | +1% | +10% | 7% | 0.45× | 5.9% | 7.5% |
| FangDa Carbon New Material 600516.SS | China | $2.74B | -20% | +17% | 0% | 1.05× | 9.7% | -0.4% |
| Shandong Fiberglass 605006.SS | China | $1.25B | +10% | +31% | 2% | 2.56× | 26.0% | 1.6% |
| China National Building Material 3323.HK | Hong Kong | $2.76B | -51% | 0% | -6% | 0.20× | 4.6% | -6.0% |
| Cementos Pacasmayo SAA Sponsored ADR CPAC | United States | $1.16B | +20% | +21% | 19% | 2.54× | 15.2% | 18.7% |
| Taiheiyo Cement 5233.T | Japan | $3.03B | +19% | +1% | 4% | 0.68× | 6.6% | 4.1% |