China West Construction Co. Ltd. Class A

China West Construction Co. Ltd. Class A

SSZSE:002302
4.55
CNY
+0.04
(+0.89%)
5.45BMarket Cap
Apr 02Next 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
9.2
9.82
10.09
11.3
14.11
14.91
18.14
18.55
21.33
18.81
17.39
17.69
14.67
- -
Basic EPS, GAAP
0.43
0.32
0.34
0.31
0.1
0.24
0.52
0.62
0.67
0.42
0.49
-0.23
-0.59
- -
Free Cash Flow per Basic Share
-0.77
-0.29
0.55
0.77
0.36
-0.95
1.37
0.24
0.16
0.11
-0.03
0.18
-0.53
- -
Dividend per Share
0.15
0.16
0.19
0.24
0.28
0.16
0.19
0.12
0.12
0.14
0.16
0.22
0.2
0.07
Book Value per Share
3.68
3.6
3.89
4.15
4.99
5.21
5.67
6.2
7.25
7.72
7.87
7.51
6.8
6.62
Tangible Book Value per Share
3.51
3.46
3.71
3.95
4.76
4.98
5.32
5.85
6.87
7.3
7.36
6.99
6.28
6.12
Basic Weighted Avg Shares
936
1,040
1,020
1,020
1,057
1,264
1,262
1,262
1,262
1,324
1,315
1,150
1,234
1,262
Sales/Revenue/Turnover
8,614
10,211
10,295
11,529
14,920
18,849
22,896
23,423
26,926
24,897
22,863
20,347
18,108
- -
Operating Margin (%)
7.37
6.7
6.47
5.13
3.36
3.69
5.09
5.71
5.07
4.71
5.18
1.02
-1.6
- -
Depreciation Expense
291
332
369
377
379
396
419
333
584
770
749
744
697
- -
Net Income, GAAP
407
333
347
316
106
303
661
784
845
555
645
-263
-730
- -
Effective Tax Rate (%)
11.23
22.97
21.26
25.47
32.58
30.9
18.13
17.72
17.35
19.22
19.89
- -
- -
- -
Profit Margin (%)
4.73
3.26
3.37
2.74
0.71
1.61
2.89
3.35
3.14
2.23
2.82
-1.29
-4.03
- -
Working Capital
1,766
2,290
2,514
2,389
5,504
5,215
6,650
6,549
8,483
7,769
7,606
7,517
5,616
6,351
LT Debt
739
1,093
1,089
728
1,989
1,355
734
604
1,277
2,519
2,021
2,319
1,105
2,045
Total Equity
3,703
4,024
4,370
4,645
6,711
7,066
9,223
10,056
11,458
10,696
11,076
10,719
9,742
9,482
Return on Invested Capital (%)
8.58
6.05
5.65
3.93
1.75
3.81
7.51
8.62
7.71
5.13
4.92
- -
- -
- -
Return on Capital (%)
9.64
6.92
6.99
6.81
2.47
4
7.13
5.95
6.24
3.48
4.78
- -
- -
- -
Return on Common Equity (%)
13.79
9.3
8.97
7.63
2
4.71
9.62
10.47
9.95
5.88
6.56
-2.7
-8.08
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,985
2,245
1,040
LT Borrowings
574
1,583
1,536
LT Finance Leases
531
555
509
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,262
1,262
1,262
Market Capitalization
7,726
7,524
5,453

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
26,577
27,157
25,994
Cash, Cash Equivalents & STI
2,067
2,413
1,653
Accounts Receivable, Net
22,392
22,769
22,557
Inventories
457
523
478
Total Current Liabilities
20,962
20,813
19,643
Payables & Accruals
- -
- -
- -
ST Debt
1,985
2,245
1,040
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.41%
-0.3%
-9.11%
Free Cash Flow
-194.15%
-237.22%
-416.92%
Net Income, GAAP
27.48%
5.37%
177.96%
Sales/Revenue/Turnover
6.87%
-4.55%
-11.01%
Total Cash Common Dividend
5.28%
11.27%
-5.56%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,045
5,852
5,120
5,331
20,347
2025
3,738
5,283
- -
4,227
18,108
2026
3,180
4,026
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.09
0.09
- -
-0.22
-0.23
2025
-0.2
0.12
- -
-0.42
-0.59
2026
-0.18
0.01
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.03
0.14
0.03
0.22
2025
0.01
0.16
- -
0.02
0.2
2026
0.01
0.04
- -
- -
- -

Company Description

CEO
Jian Jun Bai
Full Time Employees
4,435
Sector
Non-energy minerals
Industry
Construction materials
Address
China Construction Building Chengdu SI China 610200
IPO Date
Oct 20, 2009
Business
China West Construction Group Co., Ltd (002302.SZ) operates as a leading provider of building materials and construction-related services in China and internationally, principally engaged in the production and supply of ready-mixed concrete, high-performance precast concrete, cement, admixtures, commercial mortar, sand and gravel aggregates, and specialized products including foam concrete, ultra-retarded concrete, anti-freeze-thaw concrete, ultra-high-strength concrete, lightweight aggregate concrete, light-transmitting concrete, anti-radiation concrete, and permeable concrete; the company maintains nearly 200 ready-mix plants and approximately 400 automated concrete production lines, supporting a comprehensive industrial chain with strong production capabilities in regions such as West Asia and Cambodia. Headquartered in Chengdu, Sichuan Province, China, and founded in 2001 as the first independently listed specialized company under China State Construction Engineering Corporation (CSCEC), a subsidiary of Xinjiang Construction (Group) Co., Ltd, the firm serves infrastructure, urban development, and construction sectors with target customers including government projects, real estate developers, and international contractors, operating across China (with key areas in Hainan, Shandong, Beijing, Sichuan, and Xinjiang), Malaysia, Indonesia, Cambodia, Algeria, and other Southeast Asian and international markets. Recent developments include strategic partnerships such as collaborations with Shaanxi Hengsheng Group in 2025, CNQC for strategic cooperation, and local governments for infrastructure projects; advancements in sustainability with green building practices and technology innovations like prefabricated buildings and super-high vertical transportation systems; market expansions into Southeast Asia with a focus on highways, bridges, and urban developments; and planned acquisitions in renewable energy sectors alongside ongoing project wins like the Qin Han factory and edge water conservancy initiatives in 2025.