West China Cement Limited

SZSC:2233 Stock Report

Market Cap: HK$9.8b

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 rate5.5%
Return on equity3.6%
Net Margin3.3%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How West China Cement makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSC:2233 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 248,3242769280
31 Mar 248,6733499400
31 Dec 239,0214219510
30 Sep 238,8787558610
30 Jun 238,7351,0897710
31 Mar 238,6121,1527350
31 Dec 228,4891,2156980
30 Sep 228,2061,2017310
30 Jun 227,9221,1877630
31 Mar 227,9621,3867470
31 Dec 218,0031,5857300
30 Sep 218,1791,7256780
30 Jun 218,3551,8646250
31 Mar 217,7431,7125680
31 Dec 207,1311,5605100
30 Sep 207,0381,6604700
30 Jun 206,9461,7604290
31 Mar 207,0961,7814270
31 Dec 197,2471,8014250
30 Sep 196,9341,5544290
30 Jun 196,6201,3064330
31 Mar 196,2661,2334100
31 Dec 185,9121,1593870
30 Sep 185,5811,1493590
30 Jun 185,2501,1393310
31 Mar 185,0059253270
31 Dec 174,7607113230
30 Sep 174,4815263130
30 Jun 174,2023423030
31 Mar 173,9611762940
31 Dec 163,719102850
30 Sep 163,579-2072980
30 Jun 163,439-4253120
31 Mar 163,470-3673130
31 Dec 153,501-3093140
30 Sep 153,539-2163000
30 Jun 153,577-1222860
31 Mar 153,730-432900
31 Dec 143,883362940
30 Sep 144,0412032870
30 Jun 144,1983702790
31 Mar 144,1833742790
31 Dec 134,1683782790

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.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 22:00
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

West China Cement Limited is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michelle W.C. LeungBOCI Research Ltd.
Felix LamCCB International Securities Limited
Kevin YouCGS International