Anhui Conch Cement (600585) Stock Price, Fundamentals & Analysis

What 600585 does

Anhui Conch Cement (600585) is a stock listed on the Shanghai Stock Exchange in the Basic Materials sector, Building Materials industry. The company manufactures, sells, and trades clinker and cement products in China and internationally, and also provides construction and installation services, logistics, financial support, road freight, and mining-related services. It further produces cement packaging, concrete products, refractory materials, and other construction and nonmetallic mineral products.

Key numbers explained

• The current price is 16.93 CNY, down 2.14% today.
• The trailing P/E ratio of 14.7 shows how much investors pay per unit of recent earnings; a lower number can suggest a cheaper valuation relative to earnings.
• The forward P/E ratio of 11.8 uses expected future earnings and is often compared with the trailing P/E to judge whether the market expects growth or decline.
• The dividend yield of 4.37% tells you the annual dividend as a percentage of the current price, a common way to compare income returns across stocks.
• The ex-dividend date is 30 Sept. 2026; buying before this date is typically required to receive the next dividend.
• 72% of earnings are paid out as dividends, indicating a high payout ratio relative to retained earnings.
• The beta of 0.45 suggests the stock tends to move less than the overall market, which can mean lower volatility.
• The 52-week range is 16.58 – 26.93, and the price is down 27.5% over the past year, showing a significant decline from the high.
• The price-to-book ratio of 0.47 compares the market price to the company's book value per share; a number below 1 can indicate the market values the company below its accounting net assets.

What to watch

• Cement demand is tied to construction activity, infrastructure spending, and real estate trends in China and export markets.
• Input costs such as energy, raw materials, and transportation can affect margins, as can changes in production capacity and utilization rates.
• Regulatory and environmental policies in China can influence operations, pricing, and capital expenditure plans.
• Broader market factors like interest rates, currency movements, and commodity cycles often move stocks in the Basic Materials sector, including peers such as China Molybdenum (603993), Hengli Petrochemical (600346), Jiangxi Copper (600362), Ningxia Baofeng Energy Group (600989), and Shandong Gold-Mining (600547).