West China Cement Past Earnings Performance
Past criteria checks 0/6
West China Cement's earnings have been declining at an average annual rate of -20.2%, while the Basic Materials industry saw earnings declining at 26.8% annually. Revenues have been growing at an average rate of 5.5% per year. West China Cement's return on equity is 3.6%, and it has net margins of 3.3%.
Key information
-20.2%
Earnings growth rate
-20.2%
EPS growth rate
| Basic Materials Industry Growth | -17.1% |
| Revenue growth rate | 5.5% |
| Return on equity | 3.6% |
| Net Margin | 3.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
West China Cement Limited's (HKG:2233) P/E Is Still On The Mark Following 33% Share Price Bounce
Nov 21
West China Cement (HKG:2233) Has No Shortage Of Debt
Nov 02West China Cement Limited's (HKG:2233) 31% Jump Shows Its Popularity With Investors
Sep 30We Think You Can Look Beyond West China Cement's (HKG:2233) Lackluster Earnings
Sep 20West China Cement Limited (HKG:2233) Shares Could Be 46% Below Their Intrinsic Value Estimate
May 21West China Cement (HKG:2233) Will Pay A Smaller Dividend Than Last Year
Apr 17West China Cement's (HKG:2233) Dividend Is Being Reduced To CN¥0.023
Mar 21Further Upside For West China Cement Limited (HKG:2233) Shares Could Introduce Price Risks After 82% Bounce
Mar 12Sentiment Still Eluding West China Cement Limited (HKG:2233)
Jan 19Does West China Cement (HKG:2233) Have A Healthy Balance Sheet?
May 30West China Cement (HKG:2233) Use Of Debt Could Be Considered Risky
Sep 29Is West China Cement (HKG:2233) A Risky Investment?
May 13We Think That There Are Some Issues For West China Cement (HKG:2233) Beyond Its Promising Earnings
Sep 30Here's Why West China Cement (HKG:2233) Has A Meaningful Debt Burden
Sep 03West China Cement (HKG:2233) Takes On Some Risk With Its Use Of Debt
Apr 11West China Cement Limited's (HKG:2233) Intrinsic Value Is Potentially 80% Above Its Share Price
Mar 15Here's Why I Think West China Cement (HKG:2233) Is An Interesting Stock
Feb 22Could The West China Cement Limited (HKG:2233) Ownership Structure Tell Us Something Useful?
Jan 21West China Cement (HKG:2233) Seems To Use Debt Quite Sensibly
Dec 17
Is There An Opportunity With West China Cement Limited's (HKG:2233) 35% Undervaluation?
Nov 26Revenue & Expenses Breakdown
How West China Cement makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 8,324 | 276 | 928 | 0 |
| 31 Mar 24 | 8,673 | 349 | 940 | 0 |
| 31 Dec 23 | 9,021 | 421 | 951 | 0 |
| 30 Sep 23 | 8,878 | 755 | 861 | 0 |
| 30 Jun 23 | 8,735 | 1,089 | 771 | 0 |
| 31 Mar 23 | 8,612 | 1,152 | 735 | 0 |
| 31 Dec 22 | 8,489 | 1,215 | 698 | 0 |
| 30 Sep 22 | 8,206 | 1,201 | 731 | 0 |
| 30 Jun 22 | 7,922 | 1,187 | 763 | 0 |
| 31 Mar 22 | 7,962 | 1,386 | 747 | 0 |
| 31 Dec 21 | 8,003 | 1,585 | 730 | 0 |
| 30 Sep 21 | 8,179 | 1,725 | 678 | 0 |
| 30 Jun 21 | 8,355 | 1,864 | 625 | 0 |
| 31 Mar 21 | 7,743 | 1,712 | 568 | 0 |
| 31 Dec 20 | 7,131 | 1,560 | 510 | 0 |
| 30 Sep 20 | 7,038 | 1,660 | 470 | 0 |
| 30 Jun 20 | 6,946 | 1,760 | 429 | 0 |
| 31 Mar 20 | 7,096 | 1,781 | 427 | 0 |
| 31 Dec 19 | 7,247 | 1,801 | 425 | 0 |
| 30 Sep 19 | 6,934 | 1,554 | 429 | 0 |
| 30 Jun 19 | 6,620 | 1,306 | 433 | 0 |
| 31 Mar 19 | 6,266 | 1,233 | 410 | 0 |
| 31 Dec 18 | 5,912 | 1,159 | 387 | 0 |
| 30 Sep 18 | 5,581 | 1,149 | 359 | 0 |
| 30 Jun 18 | 5,250 | 1,139 | 331 | 0 |
| 31 Mar 18 | 5,005 | 925 | 327 | 0 |
| 31 Dec 17 | 4,760 | 711 | 323 | 0 |
| 30 Sep 17 | 4,481 | 526 | 313 | 0 |
| 30 Jun 17 | 4,202 | 342 | 303 | 0 |
| 31 Mar 17 | 3,961 | 176 | 294 | 0 |
| 31 Dec 16 | 3,719 | 10 | 285 | 0 |
| 30 Sep 16 | 3,579 | -207 | 298 | 0 |
| 30 Jun 16 | 3,439 | -425 | 312 | 0 |
| 31 Mar 16 | 3,470 | -367 | 313 | 0 |
| 31 Dec 15 | 3,501 | -309 | 314 | 0 |
| 30 Sep 15 | 3,539 | -216 | 300 | 0 |
| 30 Jun 15 | 3,577 | -122 | 286 | 0 |
| 31 Mar 15 | 3,730 | -43 | 290 | 0 |
| 31 Dec 14 | 3,883 | 36 | 294 | 0 |
| 30 Sep 14 | 4,041 | 203 | 287 | 0 |
| 30 Jun 14 | 4,198 | 370 | 279 | 0 |
| 31 Mar 14 | 4,183 | 374 | 279 | 0 |
| 31 Dec 13 | 4,168 | 378 | 279 | 0 |
Quality Earnings: 2233 has a large one-off loss of CN¥198.5M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 2233's current net profit margins (3.3%) are lower than last year (12.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2233's earnings have declined by 20.2% per year over the past 5 years.
Accelerating Growth: 2233's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2233 had negative earnings growth (-74.6%) over the past year, making it difficult to compare to the Basic Materials industry average (-74.6%).
Return on Equity
High ROE: 2233's Return on Equity (3.6%) is considered low.