Asia Cement Corporation

TWSE:1102 Stock Report

Market Cap: NT$159.1b

Asia Cement Past Earnings Performance

Past criteria checks 3/6

Asia Cement's earnings have been declining at an average annual rate of -8.6%, while the Basic Materials industry saw earnings growing at 9.3% annually. Revenues have been declining at an average rate of 1.2% per year. Asia Cement's return on equity is 6.2%, and it has net margins of 16.9%.

Key information

-8.6%

Earnings growth rate

-10.2%

EPS growth rate

Basic Materials Industry Growth-0.9%
Revenue growth rate-1.2%
Return on equity6.2%
Net Margin16.9%
Next Earnings Update09 May 2025

Recent past performance updates

Asia Cement's (TWSE:1102) Profits Appear To Have Quality Issues

Nov 21
Asia Cement's (TWSE:1102) Profits Appear To Have Quality Issues

Recent updates

Results: Asia Cement Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 19
Results: Asia Cement Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

Asia Cement (TWSE:1102) May Have Issues Allocating Its Capital

Mar 03
Asia Cement (TWSE:1102) May Have Issues Allocating Its Capital

Asia Cement Corporation's (TWSE:1102) Prospects Need A Boost To Lift Shares

Feb 10
Asia Cement Corporation's (TWSE:1102) Prospects Need A Boost To Lift Shares

These 4 Measures Indicate That Asia Cement (TWSE:1102) Is Using Debt Reasonably Well

Jan 10
These 4 Measures Indicate That Asia Cement (TWSE:1102) Is Using Debt Reasonably Well

Asia Cement's (TWSE:1102) Profits Appear To Have Quality Issues

Nov 21
Asia Cement's (TWSE:1102) Profits Appear To Have Quality Issues

Asia Cement Corporation Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next

Nov 17
Asia Cement Corporation Just Missed EPS By 32%: Here's What Analysts Think Will Happen Next

Asia Cement (TWSE:1102) Is Finding It Tricky To Allocate Its Capital

Nov 05
Asia Cement (TWSE:1102) Is Finding It Tricky To Allocate Its Capital

Lacklustre Performance Is Driving Asia Cement Corporation's (TWSE:1102) Low P/E

Sep 26
Lacklustre Performance Is Driving Asia Cement Corporation's (TWSE:1102) Low P/E

Asia Cement (TWSE:1102) Could Be Struggling To Allocate Capital

Jul 29
Asia Cement (TWSE:1102) Could Be Struggling To Allocate Capital

Asia Cement's (TWSE:1102) Dividend Will Be Reduced To NT$2.10

Jun 27
Asia Cement's (TWSE:1102) Dividend Will Be Reduced To NT$2.10

Here's Why Asia Cement (TWSE:1102) Can Manage Its Debt Responsibly

Jun 14
Here's Why Asia Cement (TWSE:1102) Can Manage Its Debt Responsibly

There's No Escaping Asia Cement Corporation's (TWSE:1102) Muted Earnings

May 22
There's No Escaping Asia Cement Corporation's (TWSE:1102) Muted Earnings

Revenue & Expenses Breakdown

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


Earnings and Revenue History

TWSE:1102 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2476,29712,8902,8920
30 Sep 2475,38110,4143,2200
30 Jun 2475,32211,2233,2760
31 Mar 2477,47411,1432,9180
31 Dec 2380,18310,8832,7040
30 Sep 2384,48610,1662,6520
30 Jun 2386,51711,8762,4950
31 Mar 2389,86812,1712,8720
31 Dec 2290,34112,0162,9310
30 Sep 2293,93815,4053,0880
30 Jun 2294,20214,3453,2710
31 Mar 2292,13614,4023,1200
31 Dec 2190,33315,0683,1870
30 Sep 2186,16515,4403,2270
30 Jun 2184,71217,0143,0250
31 Mar 2182,97917,1673,3560
31 Dec 2078,24114,7103,1670
30 Sep 2077,70514,3422,8240
30 Jun 2079,37013,7523,1070
31 Mar 2083,10115,2742,8770
31 Dec 1989,34817,4603,3050
30 Sep 1988,04015,2773,1620
30 Jun 1987,53814,0093,1140
31 Mar 1985,55312,1493,0870
31 Dec 1882,74111,1172,8910
30 Sep 1880,45810,9903,4150
30 Jun 1875,0989,8433,1150
31 Mar 1868,9607,1292,7750
31 Dec 1764,8995,4692,6030
30 Sep 1762,1915,3822,3480
30 Jun 1760,6904,3932,2590
31 Mar 1760,4203,9832,2620
31 Dec 1660,9463,9462,1770
30 Sep 1661,2782,7812,6080
30 Jun 1663,1021,9082,5650
31 Mar 1663,9643,5912,7150
31 Dec 1566,2874,8602,8160
30 Sep 1569,5626,5842,4990
30 Jun 1572,4858,5442,3960
31 Mar 1576,7909,3902,3900
31 Dec 1477,6839,3622,4920
30 Sep 1477,68511,4422,3410
30 Jun 1475,51111,1072,4330

Quality Earnings: 1102 has high quality earnings.

Growing Profit Margin: 1102's current net profit margins (16.9%) are higher than last year (13.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 1102's earnings have declined by 8.6% per year over the past 5 years.

Accelerating Growth: 1102's earnings growth over the past year (18.4%) exceeds its 5-year average (-8.6% per year).

Earnings vs Industry: 1102 earnings growth over the past year (18.4%) did not outperform the Basic Materials industry 30%.


Return on Equity

High ROE: 1102's Return on Equity (6.2%) 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 Analysis2025/05/04 00:13
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Asia Cement Corporation is covered by 23 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jenny TsaiBNP Paribas Securities (Asia)
Shuai WangBofA Global Research
Yayue HsuehCapital Securities Corporation