SHANSHUI CEMENT (00691) Announces 2025 Results: Revenue at RMB11.56 Billion with Wider Net Loss

Bulletin Express
03/05

China Shanshui Cement Group Limited (Stock Code: 00691) released its annual results for the year ended 31 December 2025. Operating revenue stood at RMB11.56 billion, down 20.3% from RMB14.51 billion in the previous year. The company recorded a RMB517.54 million loss from operations, compared to a RMB182.40 million profit from operations in 2024.

Loss attributable to equity shareholders widened to RMB983.01 million, against the previous year’s loss of RMB140.61 million. Basic loss per share was RMB0.23, compared to RMB0.03 in 2024.

Cost of sales was RMB9.94 billion. Gross profit came in at RMB1.62 billion, representing a gross profit margin of 14.0%. Selling and marketing expenses decreased by 13.3%, while administrative expenses were down by 8.2%. Finance costs declined by 15.9% year-on-year.

Net loss for the full year reached RMB1.09 billion, compared to RMB189.04 million in 2024. As of 31 December 2025, total assets were RMB28.74 billion, while total equity was RMB16.98 billion. Net current liabilities amounted to RMB2.03 billion. Cash and cash equivalents rose to RMB2.36 billion. Bank loans summed to RMB5.31 billion, with RMB4.51 billion due within one year.

During 2025, the company’s overall sales volume of cement and clinker reached approximately 42.97 million tonnes, and sales of ready-mix concrete amounted to about 1.70 million cubic meters. The Board did not recommend any final dividend for the Reporting Period. The workforce totaled 12,959 employees as of year-end.

Looking ahead, the company plans to focus on internal management refinements, market layout optimization, and cost controls, while monitoring industry changes. It intends to maintain the stability of its core operations through measures such as productivity adjustments, resource integration, and risk management.

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