CPAC Latest Report

Performance Review

As of December 31, 2024, Pacasmayo Cement (stock code: CPAC) recorded a total operating revenue of RMB526,672,000.00, up approximately 2.54% from RMB511,377,000.00 in the same period of 2023. This change reflects the company's performance in sales and market demand.

Key Financial Data

1. The operating revenue in 2024 was RMB526,672,000.00, up RMB15,295,000.00 from RMB511,377,000.00 in 2023, a 2.54% increase. This growth indicates that the company maintained a relatively stable sales performance in the market.

2. In terms of market demand, the recovery of the construction industry and increased infrastructure investment may have driven cement demand.

3. The rise in cement prices may have contributed to the growth in total revenue, although sales volumes may not have changed significantly.

4. The company may have implemented more effective sales strategies or marketing activities to attract more customers.

5. The company's ability to maintain revenue growth in a competitive market may indicate a stable or improved market share.

Peer Comparison

1. Industry-wide analysis: In the cement industry, with the recovery of the economy and the acceleration of infrastructure construction, the overall industry's operating revenue generally shows an upward trend. Other companies in the industry also show similar revenue growth, which may be due to the general recovery of market demand.

2. Peer evaluation analysis: Compared with other companies in the same industry, CPAC's revenue growth is relatively moderate, indicating that while the company maintains a certain level of competitiveness in the market, its growth rate may be lower than the industry average in the context of the overall industry recovery.

Summary

In summary, Pacasmayo Cement's operating revenue in 2024 achieved a slight increase, reflecting the company's adaptability in a certain market environment. However, facing the overall recovery of the industry and intensified competition, the company's growth rate is relatively moderate. Future attention should be paid to the impact of market demand and price fluctuations on revenue.

Opportunities

1. With the increase in infrastructure investment, the company can further capitalize on the recovery of market demand to boost sales.

2. The company deepens its channel development strategy and actively explores the international market, which can help achieve a diversified business model and enhance risk tolerance.

3. Continuous optimization of sales strategies is expected to attract more customers and improve market share.

Risks

1. Insufficient industry-wide demand and intense competition may lead to price fluctuations, affecting revenue and profits.

2. The sluggish real estate market may continue to put pressure on cement demand, affecting sales performance.

3. Price fluctuation risk, especially during market adjustment periods, may affect the company's profitability.