{"id":996014,"date":"2026-03-03T10:19:25","date_gmt":"2026-03-03T10:19:25","guid":{"rendered":"https:\/\/boman.group\/?p=996014"},"modified":"2026-03-04T00:05:25","modified_gmt":"2026-03-04T00:05:25","slug":"asx-jhx-azek-merger-earnings-review","status":"publish","type":"post","link":"https:\/\/boman.group\/zh\/asx-jhx-azek-merger-earnings-review\/","title":{"rendered":"87\u4ebf\u7f8e\u5143\u5e76\u8d2d\u540e\u7684\u7b2c\u4e00\u4efd\u201c\u4fe1\u5fc3\u7b54\u5377\u201d\uff1aJames Hardie \u662f\u5b8c\u6210\u8fdb\u5316\uff0c\u8fd8\u662f\u80cc\u4e0a\u9ad8\u6760\u6746\u67b7\u9501\uff1f"},"content":{"rendered":"
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

2025\u5e743\u6708\uff0cJames Hardie<\/a>\u4ee587.5\u4ebf\u7f8e\u5143\u5b8c\u6210\u5bf9AZEK\u7684\u6536\u8d2d\uff0c\u6ea2\u4ef7\u7ea626%\u3002\u8fd9\u7b14\u516c\u53f8\u53f2\u4e0a\u6700\u5927\u89c4\u6a21\u7684\u4ea4\u6613\uff0c\u5c06\u7ea4\u7ef4\u6c34\u6ce5\u5916\u5899\u677f\u9f99\u5934\u63a8\u5411\u201c\u6237\u5916\u751f\u6d3b\u6574\u4f53\u89e3\u51b3\u65b9\u6848\u201d\u7684\u65b0\u8d5b\u9053\u3002\u7136\u800c\u4ea4\u6613\u843d\u5b9a\u540e\uff0c\u5317\u7f8e\u4f4f\u5b85\u9700\u6c42\u8fc5\u901f\u8f6c\u5f31\uff0c\u6e20\u9053\u53bb\u5e93\u5b58\u538b\u529b\u52a0\u5267\uff0c\u516c\u53f8\u5317\u7f8e\u5185\u751f\u9500\u552e\u660e\u663e\u4e0b\u6ed1\uff0c\u80a1\u4ef7\u4e00\u5ea6\u8dcc\u81f325\u7f8e\u5143\u9644\u8fd1\uff0c\u5e02\u573a\u5bf9\u9ad8\u6ea2\u4ef7\u5e76\u8d2d\u7684\u8d28\u7591\u4e00\u5ea6\u76d6\u8fc7\u6218\u7565\u613f\u666f\u3002<\/span><\/p>

\u00a0<\/span><\/p>

2026\u8d22\u5e74\u7b2c\u4e09\u5b63\u5ea6\u8d22\u62a5\u56e0\u6b64\u6210\u4e3a\u5173\u952e\u7684\u201c\u6b63\u540d\u201d\u4e4b\u6218\u3002\u603b\u6536\u5165\u540c\u6bd4\u589e\u957f30%\uff0c\u8c03\u6574\u540eEBITDA\u589e\u957f26%\uff0c\u516c\u53f8\u540c\u6b65\u4e0a\u8c03\u5168\u5e74\u6307\u5f15\uff0c\u80a1\u4ef7\u5355\u65e5\u66b4\u6da8\u8fd111%\u3002\u4f46\u53e6\u4e00\u9762\u540c\u6837\u9192\u76ee\uff1a\u8c03\u6574\u540e\u5229\u6da6\u7387\u56de\u843d\u81f326.6%\uff0c\u540c\u6bd4\u4e0b\u964d90\u4e2a\u57fa\u70b9\uff1b\u6bcf\u80a1\u6536\u76ca\u540c\u6bd4\u4e0b\u6ed1\u8d85\u8fc730%\uff1b\u5229\u606f\u652f\u51fa\u5927\u5e45\u4e0a\u5347\uff0c\u663e\u8457\u4fb5\u8680\u51c0\u5229\u6da6\uff1b\u51c0\u503a\u52a1\u5347\u81f343\u4ebf\u7f8e\u5143\uff0c\u51c0\u6760\u6746\u7387\u8fbe\u52303.0\u500d\u3002\u6536\u5165\u89c4\u6a21\u6269\u5f20\u7684\u540c\u65f6\uff0c\u76c8\u5229\u8d28\u91cf\u4e0e\u73b0\u91d1\u6d41\u538b\u529b\u540c\u6b65\u663e\u73b0\uff0c\u9ad8\u6760\u6746\u5df2\u6210\u4e3a\u5f53\u524d\u4f30\u503c\u6700\u6838\u5fc3\u7684\u538b\u5236\u56e0\u7d20\u3002<\/span><\/p>

\u00a0<\/span><\/p>

\u8fd9\u662f\u4e00\u6b21\u8f6c\u578b\u671f\u7684\u9635\u75db\u4e0e\u91cd\u6784\u3002James Hardie\u6b63\u8bd5\u56fe\u4ece\u201c\u5916\u5899\u6750\u6599\u4e4b\u738b\u201d\u5347\u7ea7\u4e3a\u201c\u6237\u5916\u5efa\u7b51\u751f\u6001\u5e73\u53f0\u201d\uff0c\u6210\u8d25\u5173\u952e\u5728\u4e8eAZEK\u534f\u540c\u5151\u73b0\u4e0e\u5730\u4ea7\u5468\u671f\u590d\u82cf\u7684\u8282\u594f\u3002<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

\u00a0<\/p>

0<\/strong><\/em><\/span>1<\/strong><\/em><\/span><\/p><\/section><\/section><\/section><\/section>

\u00a0<\/span><\/p>

\u6838\u5fc3\u4e1a\u7ee9\u62c6\u89e3\uff1a<\/span><\/p>

\u589e\u957f\u7684\u6765\u6e90\u4e0e\u7ed3\u6784\u53d8\u5316<\/span><\/p><\/section><\/section>

\u00a0<\/p>

\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

\u4ece\u5730\u57df\u770b\uff0c\u516c\u53f8\u6536\u5165\u9ad8\u5ea6\u96c6\u4e2d\uff0c\u5317\u7f8e\u8d21\u732e\u7ea681%\uff0c\u6b27\u6d32\u4e0e\u6fb3\u65b0\uff08ANZ\uff09\u5404\u53609%\uff0c\u672c\u8d28\u4e0a\u4ecd\u662f\u4e00\u5bb6\u9ad8\u5ea6\u4f9d\u8d56\u5317\u7f8e\u4f4f\u5b85\u5468\u671f\u7684\u4f01\u4e1a\u3002\u5728\u5317\u7f8e\u6536\u5165\u4e2d\uff0c\u7ea660%\u6765\u81ea\u7ef4\u4fee\u4e0e\u7ffb\u65b0\uff0c40%\u6765\u81ea\u65b0\u5efa\u4f4f\u5b85\u3002\u65b0\u5efa\u9700\u6c42\u5bf9\u5229\u7387\u654f\u611f\uff0c\u800c\u7ffb\u65b0\u66f4\u591a\u53d7\u623f\u4ef7\u8d22\u5bcc\u6548\u5e94\u4e0e\u5b58\u91cf\u623f\u8001\u5316\u9a71\u52a8\uff0c\u6ce2\u52a8\u76f8\u5bf9\u7f13\u548c\uff0c\u5728\u65b0\u5c4b\u5f00\u5de5\u6301\u7eed\u75b2\u5f31\u7684\u80cc\u666f\u4e0b\uff0c\u7ffb\u65b0\u5e02\u573a\u6210\u4e3a\u91cd\u8981\u7a33\u5b9a\u5668\u3002<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

\u4ece\u6536\u5165\u7ed3\u6784\u770b\uff0c\u5317\u7f8e\u6536\u5165\u7ed3\u6784\u5448\u73b0\u660e\u663e\u8f6c\u578b\u5206\u5316\u3002\u62a4\u5899\u677f\u4e0e\u88c5\u9970\u4ef6\uff08S&T\uff09\u4ecd\u5360\u5317\u7f8e\u6536\u516574%\uff0c\u5176\u4e2d\u7ea4\u7ef4\u6c34\u6ce5\u5916\u5899\u4ea7\u54c1\u8d21\u732e61%\uff1b\u9732\u53f0\u3001\u56f4\u680f\u53ca\u9644\u4ef6\uff08DR&A\uff09\u5360\u6bd426%\uff0c\u5df2\u6210\u4e3a\u7b2c\u4e8c\u589e\u957f\u66f2\u7ebf\u3002\u672c\u5b63\u5ea6S&T\u51c0\u9500\u552e\u989d\u7ea67.88\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f10%\uff0c\u5176\u4e2d8100\u4e07\u7f8e\u5143\u6765\u81eaAZEK\u5916\u5899\u5e76\u8868\u3002\u82e5\u5254\u9664\u5e76\u8d2d\u56e0\u7d20\uff0c\u5185\u751f\u6536\u5165\u4e0b\u964d\u7ea62%\u3002\u9500\u91cf\u6574\u4f53\u4e0b\u6ed17%\uff0c\u5355\u6237\u4f4f\u5b85\u5916\u5899\uff08\u5c24\u5176\u5357\u90e8\u5e02\u573a\uff09\u8868\u73b0\u75b2\u5f31\uff0c\u591a\u6237\u4f4f\u5b85\u589e\u957f\u6709\u9650\uff0c\u5ba4\u5185\u4ea7\u54c1\u9700\u6c42\u53cc\u4f4d\u6570\u56de\u843d\u3002<\/span><\/p>

\u00a0<\/span><\/p>

\u652f\u6491\u6536\u5165\u97e7\u6027\u7684\u6838\u5fc3\u5728\u4e8e\u4ef7\u683c\u4e0e\u4ea7\u54c1\u7ec4\u5408\u4f18\u5316\uff1a\u5728\u9500\u91cf\u627f\u538b\u4e0b\uff0c\u5e73\u5747\u9500\u552e\u4ef7\u683c\uff08ASP\uff09\u4e0a\u8c03\u7ea65%\uff0c\u4e3b\u8981\u6e90\u4e8e\u9ad8\u9644\u52a0\u503c\u7cfb\u5217\uff08\u5982Architectural Collection\u3001\u9884\u6d82\u88c5\u4ea7\u54c1\uff09\u5360\u6bd4\u63d0\u5347\uff0c\u800c\u975e\u5355\u7eaf\u6210\u672c\u8f6c\u5ac1\u3002\u8fd9\u6e05\u6670\u4f53\u73b0\u4e86\u516c\u53f8\u5728\u5317\u7f8e\u7ea4\u7ef4\u6c34\u6ce5\u5e02\u573a\u8fd190%\u5e02\u5360\u7387\u4e0b\u7684\u5b9a\u4ef7\u6743\u4e0e\u6e20\u9053\u7c98\u6027\u3002\u76c8\u5229\u7aef\u540c\u6837\u4fdd\u6301\u97e7\u6027\uff0c\u8c03\u6574\u540eEBITDA\u4ece2.51\u4ebf\u7f8e\u5143\u5347\u81f32.69\u4ebf\u7f8e\u5143\u3002\u5c3d\u7ba1\u9500\u91cf\u4e0b\u6ed1\u3001\u5236\u9020\u4e0eSG&A\u6210\u672c\u901a\u80c0\u3001900\u4e07\u7f8e\u5143\u7814\u53d1\u8d39\u7528\u91cd\u65b0\u5206\u644a\u5e26\u6765\u538b\u529b\uff0c\u4f46ASP\u63d0\u5347\u4e0eAZEK\u8d21\u732e\u6709\u6548\u5bf9\u51b2\uff0c\u5229\u6da6\u7387\u7ef4\u6301\u9ad8\u4f4d\u3002<\/span><\/p>

\u00a0<\/span><\/p>

\u76f8\u6bd4\u5317\u7f8e\u4ecd\u5904\u4e8e\u9700\u6c42\u5e73\u53f0\u671f\uff0c\u6fb3\u65b0\uff08ANZ\uff09\u4e1a\u52a1\u5c55\u73b0\u66f4\u5f3a\u97e7\u6027\u3002\u7b2c\u4e09\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f7%\uff0c\u5728\u4f4f\u5b85\u65bd\u5de5\u73af\u5883\u504f\u5f31\u4e0b\u5b9e\u73b0\u9006\u52bf\u589e\u957f\uff0c\u5e76\u5448\u73b0\u91cf\u4ef7\u9f50\u5347\u683c\u5c40\uff1a\u9500\u91cf\u4f4e\u4e2a\u4f4d\u6570\u589e\u957f\uff0c\u5e73\u5747\u552e\u4ef7\u4e2d\u4e2a\u4f4d\u6570\u63d0\u5347\u3002\u8fd9\u8868\u660e\u516c\u53f8\u5728\u6fb3\u65b0\u5e02\u573a\u540c\u6837\u5177\u5907\u8f83\u5f3a\u5b9a\u4ef7\u80fd\u529b\uff0c\u901a\u8fc7\u4ea7\u54c1\u7ed3\u6784\u4f18\u5316\u4e0e\u54c1\u724c\u6ea2\u4ef7\u62b5\u6d88\u7ec8\u7aef\u75b2\u5f31\u5f71\u54cd\u3002\u8c03\u6574\u540eEBITDA\u7ea64100\u4e07\u7f8e\u5143\uff0c\u5229\u6da6\u7387\u7a33\u5b9a\u572833%\u5de6\u53f3\u9ad8\u4f4d\u533a\u95f4\uff0c\u5373\u4fbf\u53d7\u5230\u7ea6100\u4e07\u7f8e\u5143\u7814\u53d1\u8d39\u7528\u91cd\u65b0\u5206\u644a\u5f71\u54cd\uff0c\u76c8\u5229\u80fd\u529b\u4ecd\u672a\u660e\u663e\u524a\u5f31\u3002\u5728\u6fb3\u6d32\u4f4f\u5b85\u5f00\u5de5\u9010\u6b65\u56de\u6696\u3001\u653f\u7b56\u63a8\u52a8\u4f4f\u623f\u5efa\u8bbe\u7684\u80cc\u666f\u4e0b\uff0cANZ\u4e1a\u52a1\u6709\u671b\u6210\u4e3a\u5229\u6da6\u7ed3\u6784\u4e2d\u7684\u76f8\u5bf9\u7a33\u5b9a\u201c\u538b\u8231\u77f3\u201d\uff0c\u5bf9\u51b2\u5317\u7f8e\u5468\u671f\u6ce2\u52a8\u3002<\/span><\/p><\/section><\/section>

\u00a0<\/span><\/p>

0<\/strong><\/em><\/span>2<\/strong><\/em><\/span><\/p><\/section><\/section><\/section><\/section>

\u00a0<\/span><\/p>

\u5546\u4e1a\u6a21\u5f0f\u4e0e\u62a4\u57ce\u6cb3\uff1a<\/span><\/p>

90%\u5e02\u5360\u7387\u7684\u529b\u91cf<\/span><\/p><\/section><\/section>

\u00a0<\/span><\/p>

James Hardie\u5728\u5317\u7f8e\u7ea4\u7ef4\u6c34\u6ce5\u7ec6\u5206\u5e02\u573a\u5e02\u5360\u7387\u63a5\u8fd190%\uff0c\u4f46\u771f\u6b63\u62a4\u57ce\u6cb3\u5e76\u975e\u4efd\u989d\u672c\u8eab\uff0c\u800c\u662f\u6750\u6599\u66ff\u4ee3\u8d8b\u52bf\u3002\u5728\u6574\u4e2asiding\u5e02\u573a\u4e2d\uff0c\u4e59\u70ef\u57fa\u4ecd\u5360\u7ea654%\uff0c\u6728\u6750\u4ea6\u6709\u76f8\u5f53\u6bd4\u4f8b\u3002\u7ea4\u7ef4\u6c34\u6ce5\u51ed\u501f\u9632\u706b\u3001\u8010\u4e45\u3001\u4f4e\u7ef4\u62a4\u7279\u6027\uff0c\u5728\u9ad8\u7aef\u5e02\u573a\u6301\u7eed\u66ff\u4ee3\u4f20\u7edf\u6750\u6599\uff0c\u5c24\u5176\u5728\u706b\u707e\u9ad8\u98ce\u9669\u5730\u533a\u5177\u5907\u5929\u7136\u4f18\u52bf\u3002<\/span><\/p>

\u00a0<\/span><\/p>

\u8fc7\u53bb\u5341\u5e74\uff0c\u516c\u53f8\u6536\u5165\u4ece17\u4ebf\u7f8e\u5143\u589e\u957f\u81f3\u8fd139\u4ebf\u7f8e\u5143\uff0c\u5229\u6da6\u7387\u63d0\u5347\u81f320%\u4ee5\u4e0a\uff0cROCE\u957f\u671f\u7ef4\u6301\u9ad8\u4f4d\u3002\u8fd9\u80cc\u540e\u662f\u6750\u6599\u66ff\u4ee3\u7ea2\u5229\u4e0eHardie\u8fd0\u8425\u7cfb\u7edf\uff08HOS\uff09\u7684\u53cc\u91cd\u9a71\u52a8\u3002HOS\u901a\u8fc7\u7cbe\u76ca\u5236\u9020\u3001\u4ea7\u7ebf\u4f18\u5316\u4e0e\u5e93\u5b58\u7ba1\u7406\uff0c\u5efa\u7acb\u8d77\u5f3a\u5927\u7684\u6210\u672c\u63a7\u5236\u80fd\u529b\uff0c\u4f7f\u516c\u53f8\u5728\u539f\u6750\u6599\u4ef7\u683c\u6ce2\u52a8\u671f\u4ecd\u80fd\u4fdd\u6301\u9886\u5148\u5229\u6da6\u7387\u3002<\/span><\/p>

\u00a0<\/span><\/p>

\u95ee\u9898\u5728\u4e8e\uff0c\u5916\u5899\u5e02\u573a\u5df2\u76f8\u5bf9\u6210\u719f\u3002\u82e5\u8981\u83b7\u5f97\u4f30\u503c\u6ea2\u4ef7\uff0c\u516c\u53f8\u5fc5\u987b\u6784\u5efa\u65b0\u7684\u589e\u957f\u903b\u8f91\uff0c\u800c\u8fd9\u6b63\u662fAZEK\u5e76\u8d2d\u7684\u6218\u7565\u610f\u4e49\u6240\u5728\u3002<\/span><\/p><\/section><\/section>

\u00a0<\/span><\/p>

0<\/strong><\/em><\/span>3<\/strong><\/em><\/span><\/p><\/section><\/section><\/section><\/section>

\u00a0<\/span><\/p>

\u6536\u8d2dAZEK\uff1a<\/span><\/p>

\u5e73\u53f0\u5316\u8f6c\u578b\u7684\u6210\u8d25\u5173\u952e<\/span><\/p><\/section><\/section>

\u00a0<\/p>

\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

2025\u5e743\u6708\uff0c\u516c\u53f8\u5ba3\u5e03\u4ee587.5\u4ebf\u7f8e\u5143\u6536\u8d2dAZEK\uff0c\u6ea2\u4ef7\u7ea626%\u3002\u4ea4\u6613\u4e8e2025\u5e747\u6708\u5b8c\u6210\uff0c\u4f46\u968f\u540e\u8d22\u62a5\u663e\u793a\u5317\u7f8e\u5185\u751f\u9500\u552e\u4e0b\u6ed112%\uff0c\u80a1\u4ef7\u4e00\u5ea6\u66b4\u8dcc\uff0c\u5e02\u573a\u8d28\u7591\u662f\u5426\u5728\u9700\u6c42\u8f6c\u5f31\u524d\u9ad8\u4f4d\u63a5\u76d8\u3002\u672c\u6b21\u8d22\u62a5\u4e0a\u8c03\u6307\u5f15\u56e0\u6b64\u88ab\u89c6\u4e3a\u201c\u4fe1\u5fc3\u4fee\u590d\u201d\u7684\u5173\u952e\u8282\u70b9\u3002<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

AZEK\u4ee3\u8868\u7684\u662f\u9ad8\u7aef\u5408\u6210\u9732\u53f0\u4e0e\u6237\u5916\u751f\u6d3b\u4ea7\u54c1\u5e02\u573a\u3002\u76ee\u524d\u8be5\u5e02\u573a\u4ec5\u7ea625%\u4e3a\u5408\u6210\u6750\u6599\uff0c\u6e17\u900f\u7387\u63d0\u5347\u7a7a\u95f4\u5de8\u5927\u3002\u5408\u5e76\u540e\uff0c\u516c\u53f8\u62e5\u6709Hardie\u3001TimberTech\u3001AZEK Exteriors\u7b49\u54c1\u724c\u7ec4\u5408\uff0c\u6210\u4e3a\u5317\u7f8e\u552f\u4e00\u80fd\u63d0\u4f9b\u201c\u5916\u5899+\u9732\u53f0+\u56f4\u680f+\u914d\u4ef6\u201d\u4e00\u7ad9\u5f0f\u89e3\u51b3\u65b9\u6848\u7684\u4f01\u4e1a\u3002\u516c\u53f8\u9884\u8ba1\u4e09\u5e74\u5185\u5b9e\u73b0\u6bcf\u5e741.25\u4ebf\u7f8e\u5143\u6210\u672c\u534f\u540c\uff0c\u4e94\u5e74\u5185\u5b9e\u73b0\u8d85\u8fc75\u4ebf\u7f8e\u5143\u6536\u5165\u534f\u540c\u3002\u82e5\u5151\u73b0\uff0cDR&A\u5229\u6da6\u7387\u6709\u671b\u7531\u7ea625%\u63d0\u5347\u81f330%\u4ee5\u4e0a\uff0c\u516c\u53f8\u5229\u6da6\u7ed3\u6784\u5c06\u51fa\u73b0\u8d28\u53d8\u3002\u4f46\u98ce\u9669\u540c\u6837\u6e05\u6670\u300287.5\u4ebf\u7f8e\u5143\u4ea4\u6613\u4f7f\u51c0\u503a\u52a1\u5347\u81f343\u4ebf\u7f8e\u5143\uff0c\u6760\u6746\u7387\u8fbe3.0\u500d\u3002\u5728\u5730\u4ea7\u4e0b\u884c\u5468\u671f\u4e2d\uff0c\u8fd9\u79cd\u8d44\u672c\u7ed3\u6784\u5bf9\u73b0\u91d1\u6d41\u6781\u4e3a\u654f\u611f\u3002<\/span><\/p><\/section><\/section>

\u00a0<\/span><\/p>

0<\/strong><\/em><\/span>4<\/strong><\/em><\/span><\/p><\/section><\/section><\/section><\/section>

\u00a0<\/span><\/p>

\u5b8f\u89c2\u73af\u5883\uff1a<\/span><\/p>

\u7f8e\u56fd\u4f4e\u8c37\u3001\u6fb3\u6d32\u590d\u82cf<\/span><\/p><\/section><\/section>

\u00a0<\/span><\/p>

2025\u5e74\u7f8e\u56fd\u65b0\u5c4b\u5f00\u5de5\u7ea6135\u4e07\u5957\uff0c\u4f4e\u4e8e\u957f\u671f\u5747\u503c\u300230\u5e74\u671f\u6309\u63ed\u5229\u7387\u867d\u56de\u843d\u81f3\u7ea66%\uff0c\u4f46\u4ecd\u9ad8\u4e8e\u75ab\u60c5\u524d\u6c34\u5e73\u3002\u4ece\u957f\u671f\u4f9b\u9700\u89d2\u5ea6\u770b\uff0c\u7f8e\u56fd\u5b58\u5728\u4f4f\u623f\u4f9b\u7ed9\u7f3a\u53e3\uff0c\u672a\u6765\u51e0\u5e74\u5b58\u5728\u4fee\u590d\u7a7a\u95f4\u3002\u4f46\u77ed\u671f\u5efa\u7b51\u5546\u5e93\u5b58\u8c28\u614e\uff0c\u5fb7\u5dde\u5e02\u573a\u5c24\u4e3a\u75b2\u5f31\uff0c\u516c\u53f8\u5f53\u524d\u6b63\u5904\u4e8e\u5468\u671f\u4f4e\u4f4d\u6574\u5408\u671f\u3002<\/span><\/p><\/section><\/section>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

\u6fb3\u6d32\u6700\u65b0\u5b63\u5ea6\u4f4f\u5b85\u5f00\u5de5\u540c\u6bd4\u589e\u957f\u8d85\u8fc710%\uff0c\u653f\u7b56\u5c42\u9762\u201c\u56fd\u5bb6\u4f4f\u623f\u534f\u8bae\u201d\u76ee\u6807\u672a\u6765\u4e94\u5e74\u5efa\u8bbe120\u4e07\u5957\u4f4f\u623f\uff0c\u4e3a\u5efa\u6750\u9700\u6c42\u63d0\u4f9b\u4e0b\u9650\u652f\u6491\uff0c\u4f46\u7f3a\u53e3\u4ecd\u7136\u8f83\u5927\u3002<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

\u00a0<\/p>

\u7ed3\u8bed<\/span><\/p><\/section><\/section>

\u00a0<\/span><\/p>

James Hardie\u6b63\u5904\u4e8e\u8f6c\u578b\u4e2d\u671f\u5178\u578b\u7279\u5f81\uff1a\u4f20\u7edf\u5899\u677f\u4e1a\u52a1\u9700\u6c42\u504f\u5f31\u4f46\u7a33\u5b9a\uff0c\u9500\u91cf\u627f\u538b\u4f46\u5b9a\u4ef7\u80fd\u529b\u575a\u633a\uff1b\u65b0\u5174\u6237\u5916\u751f\u6d3b\u54c1\u7c7b\u5feb\u901f\u653e\u91cf\uff0c\u6210\u4e3a\u7b2c\u4e8c\u589e\u957f\u5f15\u64ce\uff1b\u8d22\u52a1\u5c42\u97623.0\u500d\u6760\u6746\u4e0e\u5229\u606f\u4fb5\u8680\u6210\u4e3a\u4f30\u503c\u6700\u5927\u538b\u5236\u56e0\u7d20\u3002\u76ee\u524d19\u500dForward P\/E\u5df2\u90e8\u5206\u8ba1\u5165\u6574\u5408\u4e0d\u786e\u5b9a\u6027\u4e0e\u6760\u6746\u98ce\u9669\u3002<\/span><\/p>

\u00a0<\/span><\/p>

\u5982\u679c\u672a\u676512\u81f324\u4e2a\u6708\u5185\u5317\u7f8e\u4f4f\u5b85\u5468\u671f\u660e\u663e\u4fee\u590d\uff0c\u540c\u65f6AZEK\u534f\u540c\u52a0\u901f\u843d\u5730\u3001\u6760\u6746\u5982\u671f\u4e0b\u884c\uff0c\u516c\u53f8\u6709\u671b\u5b8c\u6210\u4ece\u4f18\u8d28\u5468\u671f\u80a1\u5411\u5e73\u53f0\u578b\u6210\u957f\u80a1\u7684\u4f30\u503c\u91cd\u4f30\u3002\u53cd\u4e4b\uff0c\u82e5\u5730\u4ea7\u590d\u82cf\u6301\u7eed\u5ef6\u540e\u3001\u534f\u540c\u5151\u73b0\u4f4e\u4e8e\u9884\u671f\uff0c\u9ad8\u6760\u6746\u5f88\u53ef\u80fd\u6210\u4e3a\u957f\u671f\u67b7\u9501\uff0c\u4f30\u503c\u4e2d\u67a2\u6216\u957f\u671f\u951a\u5b9a\u572815-20\u500d\u533a\u95f4\uff0c\u9000\u5316\u4e3a\u4e00\u5bb6\u80cc\u8d1f\u503a\u52a1\u7684\u4f18\u8d28\u5468\u671f\u578b\u4f01\u4e1a\u3002<\/span><\/p>

\u00a0<\/span><\/p>

2026\u8d22\u5e74\u7b2c\u4e09\u5b63\u5ea6\u8fd9\u4efd\u8d22\u62a5\u8bc1\u660e\u4e86\u6218\u7565\u65b9\u5411\u7684\u53ef\u884c\u6027\uff0c\u5374\u8fdc\u672a\u8bc1\u660e\u8f6c\u578b\u6210\u529f\u3002\u771f\u6b63\u7684\u5206\u6c34\u5cad\u8fd8\u5728\u524d\u9762\u3002<\/span><\/p><\/section><\/section>

\u00a0<\/span><\/p>

\u4f5c\u8005\uff1aMarcia<\/span><\/p><\/section><\/section>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

\u514d\u8d23\u58f0\u660e\uff1a\u535a\u6ee1\u96c6\u56e2\uff08Boman Group Pty Ltd, ACN 624 683 325\uff09\u5b50\u516c\u53f8\u535a\u6ee1\u8d44\u672c\uff08BMYG Capital Pty Ltd, ACN 609 379 044) \u662f\u6fb3\u5927\u5229\u4e9a\u91d1\u878d\u6267\u7167\u6301\u6709\u4eba(AFSL:505332)\uff0c\u57fa\u91d1\u6295\u8d44\u7ecf\u7406\u535a\u6ee1\u8d44\u7ba1\uff08Boman Asset Management Pty Ltd\uff0cACN 133 561 887\uff09\u662f\u535a\u6ee1\u8d44\u672c\u7684\u6388\u6743\u4ee3\u8868\uff08AFS No. 1275633\uff09\u3002\u57fa\u91d1\u4ea7\u54c1\u4ec5\u63a5\u53d7\u4e13\u4e1a\/\u673a\u6784\u6295\u8d44\u8005(\u300a\u516c\u53f8\u6cd5\u300b\u6240\u6307)\uff0c\u4e0d\u63a5\u53d7\u96f6\u552e\u6295\u8d44\u8005\u3002\u5bf9\u4e8e\u672c\u6587\u4ef6\u4e2d\u5305\u542b\u7684\u4efb\u4f55\u4fe1\u606f\u3001\u89c2\u70b9\u548c\u7ed3\u8bba\u7684\u51c6\u786e\u6027\u3001\u53ca\u65f6\u6027\u6216\u5b8c\u6574\u6027\uff0c\u535a\u6ee1\u96c6\u56e2\u4e0d\u4f5c\u4efb\u4f55\u9648\u8ff0\u6216\u4fdd\u8bc1\u3002\u4efb\u4f55\u524d\u77bb\u6027\u9648\u8ff0\u5e76\u975e\u5bf9\u672a\u6765\u4e1a\u7ee9\u7684\u4fdd\u8bc1\u6216\u9648\u8ff0\uff0c\u5207\u52ff\u8fc7\u5206\u4f9d\u8d56\u3002\u57fa\u91d1\u4e3a\u98ce\u9669\u6295\u8d44\uff0c\u8bf7\u8be6\u7ec6\u9605\u8bfb\u57fa\u91d1\u6295\u8d44\u5907\u5fd8\u5f55\u5bf9\u6295\u8d44\u98ce\u9669\u8fdb\u884c\u8bc4\u4f30\uff0c\u6295\u8d44\u8005\u6709\u5931\u53bb\u672c\u91d1\u6295\u8d44\u7684\u98ce\u9669\u3002\u672c\u6587\u4ef6\u4e2d\u6240\u542b\u4fe1\u606f\u4ec5\u4e3a\u4e00\u822c\u4fe1\u606f\uff0c\u4e0d\u6784\u6210\u8d22\u52a1\u3001\u7a0e\u52a1\u6216\u6cd5\u5f8b\u54a8\u8be2\u610f\u89c1\u6216\u9884\u6d4b\uff0c\u672a\u8003\u8651\u4e2a\u4eba\u76ee\u7684\u3001\u8d22\u52a1\u72b6\u51b5\u6216\u4e2a\u4eba\u9700\u6c42\u3002\u5728\u6309\u7167\u672c\u6587\u6240\u542b\u4fe1\u606f\u91c7\u53d6\u884c\u52a8\u6216\u8fdb\u884c\u4efb\u4f55\u7533\u8d2d\u6216\u6301\u6709\u91d1\u878d\u4ea7\u54c1\u51b3\u7b56\u524d\uff0c\u60a8\u5e94\u57fa\u4e8e\u4e2a\u4eba\u6295\u8d44\u76ee\u7684\u3001\u8d22\u52a1\u72b6\u51b5\u6216\u4e2a\u4eba\u9700\u6c42\u8003\u8651\u672c\u6587\u6240\u542b\u4fe1\u606f\u7684\u9002\u7528\u6027\u3002\u66f4\u591a\u57fa\u91d1\u4ea7\u54c1\u8be6\u60c5\u8bf7\u53c2\u9605\u57fa\u91d1\u6295\u8d44\u5907\u5fd8\u5f55\uff0c\u6700\u7ec8\u89e3\u91ca\u6743\u5f52\u535a\u6ee1\u96c6\u56e2\u6240\u6709\u3002<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

2025\u5e743\u6708\uff0cJames Hardie\u4ee587.5\u4ebf\u7f8e\u5143\u5b8c\u6210\u5bf9AZEK\u7684\u6536\u8d2d\uff0c\u6ea2\u4ef7\u7ea626%\u3002\u8fd9\u7b14\u516c\u53f8\u53f2\u4e0a\u6700\u5927\u89c4\u6a21\u7684\u4ea4\u6613\uff0c\u5c06\u7ea4\u7ef4\u6c34\u6ce5\u5916\u5899\u677f\u9f99\u5934\u63a8\u5411\u201c\u6237\u5916\u751f\u6d3b\u6574\u4f53\u89e3\u51b3\u65b9\u6848\u201d\u7684\u65b0\u8d5b\u9053\u3002<\/p>","protected":false},"author":2,"featured_media":995845,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[86],"tags":[351],"class_list":["post-996014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research","tag--jhx"],"yoast_head":"\nJames Hardie\u5e76\u8d2dAZEK\u540e\u9996\u6218\uff1a\u589e\u957f\u5f3a\u52b2\uff0c\u6760\u6746\u6210\u9690\u5fe7<\/title>\n<meta name=\"description\" content=\"James Hardie\uff08ASX:JHX\uff09\u4ee587.5\u4ebf\u7f8e\u5143\u9ad8\u6ea2\u4ef7\u6536\u8d2dAZEK\u540e\u8fce\u6765\u5173\u952e\u8d22\u62a5\u8003\u9a8c\u3002\u6536\u5165\u540c\u6bd4\u589e\u957f30%\uff0c\u80a1\u4ef7\u5355\u65e5\u5927\u6da811%\uff0c\u4f46\u5229\u6da6\u7387\u4e0b\u6ed1\u3001\u51c0\u503a\u52a1\u5347\u81f343\u4ebf\u7f8e\u5143\u3001\u6760\u6746\u8fbe3\u500d\u3002\u589e\u957f\u4e0e\u98ce\u9669\u5e76\u5b58\uff0c\u534f\u540c\u5151\u73b0\u4e0e\u5317\u7f8e\u4f4f\u5b85\u5468\u671f\u6210\u4e3a\u672a\u6765\u4f30\u503c\u6838\u5fc3\u53d8\u91cf\u3002\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/boman.group\/zh\/asx-jhx-azek-merger-earnings-review\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"87\u4ebf\u7f8e\u5143\u5e76\u8d2d\u540e\u7684\u7b2c\u4e00\u4efd\u201c\u4fe1\u5fc3\u7b54\u5377\u201d\uff1aJames Hardie \u662f\u5b8c\u6210\u8fdb\u5316\uff0c\u8fd8\u662f\u80cc\u4e0a\u9ad8\u6760\u6746\u67b7\u9501\uff1f\" \/>\n<meta property=\"og:description\" content=\"James Hardie\uff08ASX:JHX\uff09\u4ee587.5\u4ebf\u7f8e\u5143\u9ad8\u6ea2\u4ef7\u6536\u8d2dAZEK\u540e\u8fce\u6765\u5173\u952e\u8d22\u62a5\u8003\u9a8c\u3002\u6536\u5165\u540c\u6bd4\u589e\u957f30%\uff0c\u80a1\u4ef7\u5355\u65e5\u5927\u6da811%\uff0c\u4f46\u5229\u6da6\u7387\u4e0b\u6ed1\u3001\u51c0\u503a\u52a1\u5347\u81f343\u4ebf\u7f8e\u5143\u3001\u6760\u6746\u8fbe3\u500d\u3002\u589e\u957f\u4e0e\u98ce\u9669\u5e76\u5b58\uff0c\u534f\u540c\u5151\u73b0\u4e0e\u5317\u7f8e\u4f4f\u5b85\u5468\u671f\u6210\u4e3a\u672a\u6765\u4f30\u503c\u6838\u5fc3\u53d8\u91cf\u3002\" \/>\n<meta property=\"og:url\" content=\"https:\/\/boman.group\/zh\/asx-jhx-azek-merger-earnings-review\/\" \/>\n<meta property=\"og:site_name\" content=\"Boman\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-03T10:19:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-04T00:05:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1631\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"suki.cai\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"suki.cai\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 \u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/\"},\"author\":{\"name\":\"suki.cai\",\"@id\":\"https:\/\/boman.group\/#\/schema\/person\/4df8a9bcd0a3eaae53aadbb83ae5cdcc\"},\"headline\":\"87\u4ebf\u7f8e\u5143\u5e76\u8d2d\u540e\u7684\u7b2c\u4e00\u4efd\u201c\u4fe1\u5fc3\u7b54\u5377\u201d\uff1aJames Hardie \u662f\u5b8c\u6210\u8fdb\u5316\uff0c\u8fd8\u662f\u80cc\u4e0a\u9ad8\u6760\u6746\u67b7\u9501\uff1f\",\"datePublished\":\"2026-03-03T10:19:25+00:00\",\"dateModified\":\"2026-03-04T00:05:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/boman.group\/#organization\"},\"image\":{\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg\",\"keywords\":[\"\u6fb3\u6d32\u5efa\u6750\u80a1 JHX\"],\"articleSection\":[\"Research\"],\"inLanguage\":\"zh-Hans\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/\",\"url\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/\",\"name\":\"James Hardie\u5e76\u8d2dAZEK\u540e\u9996\u6218\uff1a\u589e\u957f\u5f3a\u52b2\uff0c\u6760\u6746\u6210\u9690\u5fe7\",\"isPartOf\":{\"@id\":\"https:\/\/boman.group\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg\",\"datePublished\":\"2026-03-03T10:19:25+00:00\",\"dateModified\":\"2026-03-04T00:05:25+00:00\",\"description\":\"James Hardie\uff08ASX:JHX\uff09\u4ee587.5\u4ebf\u7f8e\u5143\u9ad8\u6ea2\u4ef7\u6536\u8d2dAZEK\u540e\u8fce\u6765\u5173\u952e\u8d22\u62a5\u8003\u9a8c\u3002\u6536\u5165\u540c\u6bd4\u589e\u957f30%\uff0c\u80a1\u4ef7\u5355\u65e5\u5927\u6da811%\uff0c\u4f46\u5229\u6da6\u7387\u4e0b\u6ed1\u3001\u51c0\u503a\u52a1\u5347\u81f343\u4ebf\u7f8e\u5143\u3001\u6760\u6746\u8fbe3\u500d\u3002\u589e\u957f\u4e0e\u98ce\u9669\u5e76\u5b58\uff0c\u534f\u540c\u5151\u73b0\u4e0e\u5317\u7f8e\u4f4f\u5b85\u5468\u671f\u6210\u4e3a\u672a\u6765\u4f30\u503c\u6838\u5fc3\u53d8\u91cf\u3002\",\"breadcrumb\":{\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#breadcrumb\"},\"inLanguage\":\"zh-Hans\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#primaryimage\",\"url\":\"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg\",\"contentUrl\":\"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg\",\"width\":2560,\"height\":1631},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/boman.group\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"87\u4ebf\u7f8e\u5143\u5e76\u8d2d\u540e\u7684\u7b2c\u4e00\u4efd\u201c\u4fe1\u5fc3\u7b54\u5377\u201d\uff1aJames Hardie \u662f\u5b8c\u6210\u8fdb\u5316\uff0c\u8fd8\u662f\u80cc\u4e0a\u9ad8\u6760\u6746\u67b7\u9501\uff1f\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/boman.group\/#website\",\"url\":\"https:\/\/boman.group\/\",\"name\":\"Boman\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/boman.group\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/boman.group\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"zh-Hans\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/boman.group\/#organization\",\"name\":\"Boman\",\"url\":\"https:\/\/boman.group\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\/\/boman.group\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/boman.group\/wp-content\/uploads\/2023\/07\/LOGOMARK-\u6a59\u8272.png\",\"contentUrl\":\"https:\/\/boman.group\/wp-content\/uploads\/2023\/07\/LOGOMARK-\u6a59\u8272.png\",\"width\":1866,\"height\":1865,\"caption\":\"Boman\"},\"image\":{\"@id\":\"https:\/\/boman.group\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/boman.group\/#\/schema\/person\/4df8a9bcd0a3eaae53aadbb83ae5cdcc\",\"name\":\"suki.cai\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\/\/boman.group\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f4b332c46fc0dee105f9a27bf4252e9fb0c5e3ff946928d0a1c508b762380beb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f4b332c46fc0dee105f9a27bf4252e9fb0c5e3ff946928d0a1c508b762380beb?s=96&d=mm&r=g\",\"caption\":\"suki.cai\"},\"url\":\"https:\/\/boman.group\/zh\/author\/suki-cai\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"James Hardie\u5e76\u8d2dAZEK\u540e\u9996\u6218\uff1a\u589e\u957f\u5f3a\u52b2\uff0c\u6760\u6746\u6210\u9690\u5fe7","description":"James Hardie\uff08ASX:JHX\uff09\u4ee587.5\u4ebf\u7f8e\u5143\u9ad8\u6ea2\u4ef7\u6536\u8d2dAZEK\u540e\u8fce\u6765\u5173\u952e\u8d22\u62a5\u8003\u9a8c\u3002\u6536\u5165\u540c\u6bd4\u589e\u957f30%\uff0c\u80a1\u4ef7\u5355\u65e5\u5927\u6da811%\uff0c\u4f46\u5229\u6da6\u7387\u4e0b\u6ed1\u3001\u51c0\u503a\u52a1\u5347\u81f343\u4ebf\u7f8e\u5143\u3001\u6760\u6746\u8fbe3\u500d\u3002\u589e\u957f\u4e0e\u98ce\u9669\u5e76\u5b58\uff0c\u534f\u540c\u5151\u73b0\u4e0e\u5317\u7f8e\u4f4f\u5b85\u5468\u671f\u6210\u4e3a\u672a\u6765\u4f30\u503c\u6838\u5fc3\u53d8\u91cf\u3002","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/boman.group\/zh\/asx-jhx-azek-merger-earnings-review\/","og_locale":"zh_CN","og_type":"article","og_title":"87\u4ebf\u7f8e\u5143\u5e76\u8d2d\u540e\u7684\u7b2c\u4e00\u4efd\u201c\u4fe1\u5fc3\u7b54\u5377\u201d\uff1aJames Hardie \u662f\u5b8c\u6210\u8fdb\u5316\uff0c\u8fd8\u662f\u80cc\u4e0a\u9ad8\u6760\u6746\u67b7\u9501\uff1f","og_description":"James Hardie\uff08ASX:JHX\uff09\u4ee587.5\u4ebf\u7f8e\u5143\u9ad8\u6ea2\u4ef7\u6536\u8d2dAZEK\u540e\u8fce\u6765\u5173\u952e\u8d22\u62a5\u8003\u9a8c\u3002\u6536\u5165\u540c\u6bd4\u589e\u957f30%\uff0c\u80a1\u4ef7\u5355\u65e5\u5927\u6da811%\uff0c\u4f46\u5229\u6da6\u7387\u4e0b\u6ed1\u3001\u51c0\u503a\u52a1\u5347\u81f343\u4ebf\u7f8e\u5143\u3001\u6760\u6746\u8fbe3\u500d\u3002\u589e\u957f\u4e0e\u98ce\u9669\u5e76\u5b58\uff0c\u534f\u540c\u5151\u73b0\u4e0e\u5317\u7f8e\u4f4f\u5b85\u5468\u671f\u6210\u4e3a\u672a\u6765\u4f30\u503c\u6838\u5fc3\u53d8\u91cf\u3002","og_url":"https:\/\/boman.group\/zh\/asx-jhx-azek-merger-earnings-review\/","og_site_name":"Boman","article_published_time":"2026-03-03T10:19:25+00:00","article_modified_time":"2026-03-04T00:05:25+00:00","og_image":[{"width":2560,"height":1631,"url":"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg","type":"image\/jpeg"}],"author":"suki.cai","twitter_card":"summary_large_image","twitter_misc":{"\u4f5c\u8005":"suki.cai","\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4":"3 \u5206"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#article","isPartOf":{"@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/"},"author":{"name":"suki.cai","@id":"https:\/\/boman.group\/#\/schema\/person\/4df8a9bcd0a3eaae53aadbb83ae5cdcc"},"headline":"87\u4ebf\u7f8e\u5143\u5e76\u8d2d\u540e\u7684\u7b2c\u4e00\u4efd\u201c\u4fe1\u5fc3\u7b54\u5377\u201d\uff1aJames Hardie \u662f\u5b8c\u6210\u8fdb\u5316\uff0c\u8fd8\u662f\u80cc\u4e0a\u9ad8\u6760\u6746\u67b7\u9501\uff1f","datePublished":"2026-03-03T10:19:25+00:00","dateModified":"2026-03-04T00:05:25+00:00","mainEntityOfPage":{"@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/"},"wordCount":77,"publisher":{"@id":"https:\/\/boman.group\/#organization"},"image":{"@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#primaryimage"},"thumbnailUrl":"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg","keywords":["\u6fb3\u6d32\u5efa\u6750\u80a1 JHX"],"articleSection":["Research"],"inLanguage":"zh-Hans"},{"@type":"WebPage","@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/","url":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/","name":"James Hardie\u5e76\u8d2dAZEK\u540e\u9996\u6218\uff1a\u589e\u957f\u5f3a\u52b2\uff0c\u6760\u6746\u6210\u9690\u5fe7","isPartOf":{"@id":"https:\/\/boman.group\/#website"},"primaryImageOfPage":{"@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#primaryimage"},"image":{"@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#primaryimage"},"thumbnailUrl":"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg","datePublished":"2026-03-03T10:19:25+00:00","dateModified":"2026-03-04T00:05:25+00:00","description":"James Hardie\uff08ASX:JHX\uff09\u4ee587.5\u4ebf\u7f8e\u5143\u9ad8\u6ea2\u4ef7\u6536\u8d2dAZEK\u540e\u8fce\u6765\u5173\u952e\u8d22\u62a5\u8003\u9a8c\u3002\u6536\u5165\u540c\u6bd4\u589e\u957f30%\uff0c\u80a1\u4ef7\u5355\u65e5\u5927\u6da811%\uff0c\u4f46\u5229\u6da6\u7387\u4e0b\u6ed1\u3001\u51c0\u503a\u52a1\u5347\u81f343\u4ebf\u7f8e\u5143\u3001\u6760\u6746\u8fbe3\u500d\u3002\u589e\u957f\u4e0e\u98ce\u9669\u5e76\u5b58\uff0c\u534f\u540c\u5151\u73b0\u4e0e\u5317\u7f8e\u4f4f\u5b85\u5468\u671f\u6210\u4e3a\u672a\u6765\u4f30\u503c\u6838\u5fc3\u53d8\u91cf\u3002","breadcrumb":{"@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#breadcrumb"},"inLanguage":"zh-Hans","potentialAction":[{"@type":"ReadAction","target":["https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/"]}]},{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#primaryimage","url":"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg","contentUrl":"https:\/\/boman.group\/wp-content\/uploads\/2026\/03\/c2630a8d5a9dce2d58e973dfc9855825-scaled.jpg","width":2560,"height":1631},{"@type":"BreadcrumbList","@id":"https:\/\/boman.group\/asx-jhx-azek-merger-earnings-review\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/boman.group\/"},{"@type":"ListItem","position":2,"name":"87\u4ebf\u7f8e\u5143\u5e76\u8d2d\u540e\u7684\u7b2c\u4e00\u4efd\u201c\u4fe1\u5fc3\u7b54\u5377\u201d\uff1aJames Hardie \u662f\u5b8c\u6210\u8fdb\u5316\uff0c\u8fd8\u662f\u80cc\u4e0a\u9ad8\u6760\u6746\u67b7\u9501\uff1f"}]},{"@type":"WebSite","@id":"https:\/\/boman.group\/#website","url":"https:\/\/boman.group\/","name":"Boman","description":"","publisher":{"@id":"https:\/\/boman.group\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/boman.group\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-Hans"},{"@type":"Organization","@id":"https:\/\/boman.group\/#organization","name":"Boman","url":"https:\/\/boman.group\/","logo":{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/boman.group\/#\/schema\/logo\/image\/","url":"https:\/\/boman.group\/wp-content\/uploads\/2023\/07\/LOGOMARK-\u6a59\u8272.png","contentUrl":"https:\/\/boman.group\/wp-content\/uploads\/2023\/07\/LOGOMARK-\u6a59\u8272.png","width":1866,"height":1865,"caption":"Boman"},"image":{"@id":"https:\/\/boman.group\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/boman.group\/#\/schema\/person\/4df8a9bcd0a3eaae53aadbb83ae5cdcc","name":"suki.cai","image":{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/boman.group\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f4b332c46fc0dee105f9a27bf4252e9fb0c5e3ff946928d0a1c508b762380beb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f4b332c46fc0dee105f9a27bf4252e9fb0c5e3ff946928d0a1c508b762380beb?s=96&d=mm&r=g","caption":"suki.cai"},"url":"https:\/\/boman.group\/zh\/author\/suki-cai\/"}]}},"_links":{"self":[{"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/posts\/996014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/comments?post=996014"}],"version-history":[{"count":0,"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/posts\/996014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/media\/995845"}],"wp:attachment":[{"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/media?parent=996014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/categories?post=996014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/boman.group\/zh\/wp-json\/wp\/v2\/tags?post=996014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}