West China Cement Ltd.

West China Cement Ltd.

1.66
HKD
-0.06
(-3.78%)
7.54BMarket Cap
Mar 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.92
0.86
0.7
0.69
0.88
1.09
1.33
1.31
1.47
1.56
1.66
1.53
1.76
- -
Basic EPS, GAAP
0.08
0.01
-0.06
- -
0.13
0.21
0.33
0.29
0.29
0.22
0.08
0.11
0.16
- -
Free Cash Flow per Basic Share
0.08
0.12
0.02
0.17
0.23
0.31
0.17
-0.05
-0.34
-0.15
-0.04
-0.03
-0.22
- -
Dividend per Share
0.02
0.02
- -
- -
- -
0.04
0.05
0.06
0.12
0.09
0.07
0.02
0.03
- -
Book Value per Share
1.11
1.1
1.08
1.08
1.21
1.38
1.67
1.9
2.08
2.21
2.26
2.25
2.32
2.28
Tangible Book Value per Share
0.97
0.96
0.95
0.96
1.09
1.26
1.63
1.86
2.04
2.11
2.18
2.18
2.26
2.23
Basic Weighted Avg Shares
4,547
4,528
4,983
5,421
5,422
5,434
5,435
5,437
5,439
5,439
5,439
5,451
5,463
5,463
Sales/Revenue/Turnover
4,168
3,883
3,501
3,719
4,760
5,912
7,247
7,131
8,003
8,489
9,021
8,345
9,621
- -
Operating Margin (%)
14.82
11.7
7.36
14.58
22.9
32.65
31.38
28.48
22.59
22.17
16.11
13.46
16.67
- -
Depreciation Expense
574
626
703
772
795
788
837
902
1,085
1,290
1,344
1,324
1,513
- -
Net Income, GAAP
378
36
-309
10
711
1,159
1,801
1,560
1,585
1,215
421
626
880
- -
Effective Tax Rate (%)
19.54
70.76
- -
87.49
25.46
27.67
17.57
14.32
14.43
11.18
28.15
24.06
21.05
- -
Profit Margin (%)
9.08
0.92
-8.83
0.28
14.93
19.61
24.85
21.88
19.81
14.31
4.67
7.5
9.14
- -
Working Capital
-426
-505
-728
106
854
-1,468
694
225
1,100
-2,625
-2,000
-3,560
-4,599
-3,223
LT Debt
3,208
3,288
2,566
2,749
2,756
- -
1,711
1,833
5,881
5,662
7,044
7,642
6,646
7,809
Total Equity
5,085
5,016
5,904
5,913
6,629
7,599
9,226
10,527
11,792
13,392
14,168
13,816
13,917
14,012
Return on Invested Capital (%)
5.5
1.15
- -
0.68
7.42
12.32
15.82
12.97
9.1
7.53
3.55
3.78
6.41
- -
Return on Capital (%)
6.2
1.09
- -
0.39
8.69
12.41
16.79
12.77
9.16
6.64
1.58
2.58
4.56
- -
Return on Common Equity (%)
7.72
0.72
-5.71
0.18
11.43
16.44
21.73
16.1
14.65
10.41
3.47
5.1
7.06
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
3,939
5,245
4,558
LT Borrowings
7,765
6,646
7,809
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,463
5,463
5,463
Market Capitalization
7,528
15,216
6,522

Working Capital

CNY

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
9,804
8,217
9,317
Cash, Cash Equivalents & STI
854
766
1,344
Accounts Receivable, Net
1,895
1,579
1,417
Inventories
2,411
2,554
2,575
Total Current Liabilities
11,499
12,816
12,540
Payables & Accruals
- -
- -
- -
ST Debt
3,939
5,245
4,558
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.21%
5.93%
0.73%
Free Cash Flow
158.86%
205.17%
566.03%
Net Income, GAAP
679.25%
0.4%
40.47%
Sales/Revenue/Turnover
11.18%
6.47%
15.29%
Total Cash Common Dividend
- -
5.07%
47.75%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
8,345
2025
- -
- -
9,621
2026
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.11
2025
- -
- -
0.16
2026
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.02
2025
- -
- -
0.03
2026
- -
- -
- -

Company Description

CEO
Jian Shun Cao
Full Time Employees
9,422
Sector
Non-energy minerals
Industry
Construction materials
Address
Yaobai R&D Training Center Xi'an SA China 710100
IPO Date
Sep 23, 2010
Business
West China Cement Limited manufactures and sells cement, clinker and related products including aggregates, commercial concrete, gypsum board, precast components and prefabricated buildings; provides financial leasing, mine exploitation, real estate development and transportation services; and trades cement-related raw materials and plastic bags. The company, founded in 2006 and headquartered in Xi'an, Shaanxi Province, People's Republic of China, operates primarily in the building materials industry with production facilities in Shaanxi, Guizhou and Sichuan provinces in China, as well as in Ethiopia, Mozambique, Democratic Republic of Congo, Uzbekistan, Rwanda and Tanzania; its products under the Yao Bai and Yaobaishuini brands serve infrastructure projects such as highways, railways, bridges, hydroelectric power stations and water conservancy facilities, alongside housing and social infrastructure developments. Recent developments include the completion of the disposal of its 3.5 million tons per annum Xinjiang operations to Anhui Conch Cement Company Limited on August 15, 2025 for RMB1.65 billion; the April 2025 acquisition of Kangding Paomashan Cement Co., Ltd.; and the pending second-half 2025 acquisition of the 1.2 million tons per annum Cimenterie de Lukala SA plant in the Democratic Republic of Congo from Heidelberg Materials AG, which will elevate its overseas capacity to 14.8 million tons per annum and enable partial repayment of its USD600 million 4.95% senior notes due 2026.