New Risk • Apr 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (UK£39.4m market cap, or US$52.0m). Declared Dividend • Dec 11
Dividend of UK£0.015 announced Shareholders will receive a dividend of UK£0.015. Ex-date: 12th December 2025 Payment date: 23rd December 2025 Dividend yield will be 7.7%, which is higher than the industry average of 4.4%. Reported Earnings • Sep 16
First half 2025 earnings released: US$0.002 loss per share (vs US$0.016 loss in 1H 2024) First half 2025 results: US$0.002 loss per share (improved from US$0.016 loss in 1H 2024). Revenue: US$40.9m (up 19% from 1H 2024). Net loss: US$476.0k (loss narrowed 86% from 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Non Independent Non-Executive Director Wan Affan Wan Azmi was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jun 27
Full year 2024 earnings released: EPS: US$0.005 (vs US$0.021 in FY 2023) Full year 2024 results: EPS: US$0.005 (down from US$0.021 in FY 2023). Revenue: US$84.9m (up 3.9% from FY 2023). Net income: US$997.3k (down 78% from FY 2023). Profit margin: 1.2% (down from 5.5% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. 공시 • Jun 26
Steppe Cement Ltd., Annual General Meeting, Jul 25, 2025 Steppe Cement Ltd., Annual General Meeting, Jul 25, 2025, at 16:00 Singapore Standard Time. Location: the office of steppe cement ltd suite 10 1, 10th floor, west wing, rohas perkasa, 8 jalan perak, kuala lumpur, Malaysia New Risk • Apr 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.5% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (UK£41.6m market cap, or US$54.9m). New Risk • Apr 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.5% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (UK£30.7m market cap, or US$39.1m). Reported Earnings • Sep 25
First half 2024 earnings released: US$0.016 loss per share (vs US$0 in 1H 2023) First half 2024 results: US$0.016 loss per share (further deteriorated from US$0 in 1H 2023). Revenue: US$34.4m (down 6.8% from 1H 2023). Net loss: US$3.50m (down US$3.56m from profit in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. 공시 • Jun 20
Steppe Cement Ltd., Annual General Meeting, Jul 12, 2024 Steppe Cement Ltd., Annual General Meeting, Jul 12, 2024, at 16:00 Singapore Standard Time. Location: suite 10 1, 10th floor, west wing, rohas perkasa, 8 jalan perak, kuala lumpur, Malaysia Reported Earnings • Jun 20
Full year 2023 earnings released: EPS: US$0.021 (vs US$0.082 in FY 2022) Full year 2023 results: EPS: US$0.021 (down from US$0.082 in FY 2022). Revenue: US$81.8m (down 5.7% from FY 2022). Net income: US$4.53m (down 75% from FY 2022). Profit margin: 5.5% (down from 21% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. New Risk • Apr 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (9.6% net profit margin). Market cap is less than US$100m (UK£37.2m market cap, or US$47.0m). 공시 • Dec 13
Steppe Cement Ltd Intents to Pay Dividend Steppe Cement Ltd. announced its intention to pay a dividend of 2 pence to 3 pence per share before November 2023 to the Company's shareholders and confirmed that it had set aside the funds to do so, Steppe has sought professional advice on the most efficient way in which to effect such a distribution. Reported Earnings • Sep 19
First half 2023 earnings released First half 2023 results: Revenue: US$36.9m (down 14% from 1H 2022). Net income: US$52.0k (down 100% from 1H 2022). Profit margin: 0.1% (down from 24% in 1H 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. New Risk • Jul 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£70.1m (US$91.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (391% cash payout ratio). Market cap is less than US$100m (UK£70.1m market cap, or US$91.8m). Reported Earnings • Jun 11
Full year 2022 earnings released: EPS: US$0.082 (vs US$0.078 in FY 2021) Full year 2022 results: EPS: US$0.082 (up from US$0.078 in FY 2021). Revenue: US$86.7m (up 2.5% from FY 2021). Net income: US$17.9m (up 4.8% from FY 2021). Profit margin: 21% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. 공시 • Jun 09
Steppe Cement Ltd., Annual General Meeting, Jul 12, 2023 Steppe Cement Ltd., Annual General Meeting, Jul 12, 2023, at 15:00 Coordinated Universal Time. Location: Suite 10.1, 10th Floor, West Wing, Rohas Perkasa, 8 Jalan Perak Kuala Lampur Malaysia Agenda: To receive and adopt the audited financial statements for year ended 31 December 2022; and to reelect Xavier Blutel, Javier del Ser Perez, Rupert Wood, Wan Affan Azam Bin Wan Azmi as directors. Reported Earnings • Sep 26
First half 2022 earnings released: EPS: US$0.047 (vs US$0.028 in 1H 2021) First half 2022 results: EPS: US$0.047 (up from US$0.028 in 1H 2021). Revenue: US$43.1m (up 9.1% from 1H 2021). Net income: US$10.2m (up 65% from 1H 2021). Profit margin: 24% (up from 16% in 1H 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 13
Full year 2021 earnings: EPS exceeds analyst expectations Full year 2021 results: EPS: US$0.078 (up from US$0.051 in FY 2020). Revenue: US$84.6m (up 13% from FY 2020). Net income: US$17.1m (up 54% from FY 2020). Profit margin: 20% (up from 15% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 3.7%, compared to a 6.0% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 18
First half 2021 earnings released: EPS US$0.028 (vs US$0.019 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: US$39.5m (up 17% from 1H 2020). Net income: US$6.19m (up 53% from 1H 2020). Profit margin: 16% (up from 12% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 22% per year. Reported Earnings • Jun 08
Full year 2020 earnings released: EPS US$0.051 (vs US$0.044 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$74.8m (down 6.5% from FY 2019). Net income: US$11.1m (up 14% from FY 2019). Profit margin: 15% (up from 12% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 03
New 90-day high: UK£0.37 The company is up 37% from its price of UK£0.27 on 04 November 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: UK£0.34 The company is up 44% from its price of UK£0.24 on 09 September 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 17% over the same period. Is New 90 Day High Low • Nov 02
New 90-day high: UK£0.27 The company is up 20% from its price of UK£0.23 on 04 August 2020. The British market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 4.0% over the same period. Reported Earnings • Sep 18
First half earnings released Over the last 12 months the company has reported total profits of US$10.7m, down 10% from the prior year. Total revenue was US$76.6m over the last 12 months, down 11% from the prior year.