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West China Cement
(OTC:2233)
West China Cement (2233) vs. iShares MSCI Hong Kong ETF (EWH)
West China Cement Business Overview & Revenue Model
West China Cement Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 8.34B | 9.02B | 8.49B | 8.00B | 7.13B | Gross Profit |
| 1.97B | 2.46B | 2.18B | 2.38B | 2.34B | EBIT |
| 1.13B | 1.31B | 2.07B | 2.45B | 2.14B | EBITDA |
| 2.33B | 2.62B | 3.22B | 3.43B | 2.91B | Net Income Common Stockholders |
| 626.18M | 421.28M | 1.21B | 1.59B | 1.56B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.16B | 922.66M | 1.42B | 3.59B | 751.46M | Total Assets |
| 36.29B | 32.90B | 30.24B | 26.65B | 18.91B | Total Debt |
| 11.56B | 10.68B | 9.53B | 9.13B | 3.71B | Net Debt |
| 10.40B | 9.75B | 8.11B | 5.62B | 3.06B | Total Liabilities |
| 22.47B | 18.73B | 16.85B | 14.86B | 8.38B | Stockholders Equity |
| 12.27B | 12.28B | 12.03B | 11.31B | 10.33B |
| Cash Flow | Free Cash Flow | |||
| -181.88M | -224.02M | -826.78M | -1.84B | -259.73M | Operating Cash Flow |
| 2.04B | 2.70B | 2.13B | 1.96B | 2.68B | Investing Cash Flow |
| -1.88B | -3.35B | -3.28B | -3.52B | -3.12B | Financing Cash Flow |
| 85.46M | 139.81M | -1.08B | 4.45B | 322.04M |
West China Cement Technical Analysis
West China Cement Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $123.82B | 11.74 | 4.26% | 3.39% | -36.59% | ― | |
70 Outperform | HK$24.29B | 6.85 | 8.32% | 5.54% | -1.00% | -9.13% | |
60 Neutral | $7.54B | 10.76 | 5.10% | 2.67% | -9.23% | 40.52% | |
51 Neutral | $2.04B | -1.23 | -21.09% | 3.96% | 2.90% | -30.45% | |
50 Neutral | $11.73B | 30.97 | 0.79% | 1.19% | ― | ― | |
47 Neutral | HK$2.18B | ― | -0.77% | ― | -21.41% | 84.29% |
West China Cement Corporate Events
West China Cement Limited has announced the exchange rate for the payment of its final dividend for the year ended December 31, 2024. The dividend, approved by shareholders, will be paid in Hong Kong dollars at a rate of HK$0.037 per ordinary share, based on the exchange rate of RMB1 to HK$1.0886, as of May 23, 2025. This announcement reflects the company’s commitment to providing returns to its shareholders and may influence its financial positioning and stakeholder relations.
The most recent analyst rating on (HK:2233) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on West China Cement stock, see the HK:2233 Stock Forecast page.
West China Cement Limited has announced a final ordinary dividend of RMB 0.034 per share for the financial year ending December 31, 2024, with the payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0886. This announcement, which updates a previous statement, highlights the company’s commitment to returning value to shareholders and may impact investor perceptions positively, reinforcing its stable financial performance and shareholder-friendly policies.
The most recent analyst rating on (HK:2233) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on West China Cement stock, see the HK:2233 Stock Forecast page.
West China Cement Limited announced a change in its board of directors, with Mr. Fan Zhan resigning as a non-executive director due to work arrangement adjustments, and Mr. Wang Manbo being appointed as his replacement. Mr. Wang brings extensive experience in financial management and corporate governance from his previous roles at Anhui Conch Cement Company Limited, which may enhance the company’s strategic and operational capabilities.
The most recent analyst rating on (HK:2233) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on West China Cement stock, see the HK:2233 Stock Forecast page.
West China Cement Limited announced that all proposed resolutions at its Annual General Meeting held on May 23, 2025, were successfully passed by shareholders through a poll. Key resolutions included the adoption of the 2024 financial statements, the declaration of a final dividend, the re-election of several directors, and the re-appointment of Deloitte & Touche Tohmatsu as auditors. This outcome reflects strong shareholder support and positions the company to continue its strategic initiatives and maintain stability in its governance and financial practices.
The most recent analyst rating on (HK:2233) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on West China Cement stock, see the HK:2233 Stock Forecast page.
West China Cement Limited has announced a discloseable transaction involving the acquisition of additional equity interests in Cimenterie de Lukala SA (CILU). The transaction, which involves WIH Cement, a wholly-owned subsidiary of West China Cement, acquiring 134,105 shares from IFC, represents 7.75% of CILU’s issued share capital for a consideration of USD6 million. This acquisition is part of a series of transactions aimed at consolidating West China Cement’s stake in CILU, aligning with its strategic growth objectives in the cement industry. The transactions are subject to regulatory requirements under the Hong Kong Stock Exchange’s Listing Rules, highlighting the company’s commitment to compliance and transparency.
West China Cement Limited has announced its Annual General Meeting scheduled for May 23, 2025, in Hong Kong. Key agenda items include the adoption of financial statements for 2024, declaration of a final dividend, re-election of directors, and authorization for directors to fix remuneration. Additionally, the company seeks approval to allot and issue additional shares, which could impact its capital structure and shareholder value.
West China Cement Limited has issued a positive profit alert, anticipating a 35% to 45% increase in profit for the year ended December 31, 2024, compared to the previous year. This expected profit growth is attributed to the absence of significant losses and penalties recorded in 2023, including a derecognition loss of a subsidiary and an administrative penalty for anti-trust law violations. Despite stable but low cement prices, the company’s revenue slightly decreased from RMB9,021 million in 2023 to RMB8,330 million in 2024.