Beijing New Building Materials Public Limited Company (BNBM), a subsidiary of China National Building Material Company Limited (CNBM), reported a modest top-line contraction and softer profitability for the three months ended 31 March 2026.

Operating revenue slipped 1.32% year on year to RMB 6.16 billion, while net profit attributable to BNBM shareholders declined 4.56% to RMB 803.82 million. After excluding extraordinary items, attributable net profit decreased 5.26% to RMB 775.92 million.

Cash generation weakened sharply: net cash used in operating activities expanded to a RMB 605.59 million outflow versus a RMB 221.50 million outflow in the prior-year period, a deterioration of 173.40%.

Earnings per share fell in tandem with profit. Basic and diluted EPS both registered RMB 0.472, down 5.22% from the same period a year earlier. The weighted average return on net assets eased to 2.92%, 0.31 percentage point lower year on year.

The balance sheet remained solid. Total assets rose 3.26% from year-end 2025 to RMB 37.27 billion, and net assets attributable to BNBM shareholders increased 2.85% to RMB 27.94 billion.