W

West China Cement Ltd
HKEX:2233

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West China Cement Ltd
HKEX:2233
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Price: 2.98 HKD -1.32%
Market Cap: HK$16.3B

Net Margin

9.8%
Current
Improving
by 2.3%
vs 3-y average of 7.6%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
9.8%
=
Net Income
¥987.6m
/
Revenue
¥10.1B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
9.8%
=
Net Income
HK$987.6m
/
Revenue
¥10.1B

Peer Comparison

Country Company Market Cap Net
Margin
CN
West China Cement Ltd
HKEX:2233
16.3B HKD
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IE
CRH PLC
NYSE:CRH
83.8B USD
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CH
Holcim AG
SIX:HOLN
39.2B CHF
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DE
HeidelbergCement AG
XETRA:HEI
36.3B EUR
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IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.7T INR
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US
Martin Marietta Materials Inc
NYSE:MLM
40.5B USD
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US
Vulcan Materials Co
NYSE:VMC
40B USD
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US
Amrize AG
SIX:AMRZ
26.9B CHF
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DE
Heidelberg Materials AG
XMUN:HEI
23.6B EUR
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IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR
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CN
Anhui Conch Cement Co Ltd
SSE:600585
130.7B CNY
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Market Distribution

Higher than 72% of companies in China
Percentile
72nd
Based on 8 721 companies
72nd percentile
9.8%
Low
-416 945.9% — -1.5%
Typical Range
-1.5% — 8.9%
High
8.9% — 17 382.1%
Distribution Statistics
China
Min -416 945.9%
30th Percentile -1.5%
Median 3.5%
70th Percentile 8.9%
Max 17 382.1%

West China Cement Ltd
Glance View

West China Cement Ltd. operates as an integral player in China's vast construction landscape, propelled by the country's relentless urbanization and infrastructure development. Founded in 1991, the company has steadily carved out a significant presence in the cement production industry, concentrated mainly in the Shaanxi province. The burgeoning need for infrastructure, fueled by China's rapid economic expansion, has laid fertile ground for West China Cement to thrive. This growth is further bolstered by its dedication to leveraging advanced technology within its production processes, ensuring efficiency and quality that meet the demands of modern construction. The company employs a network of strategically located production facilities, which minimizes transportation costs and maximizes the availability of its products, reinforcing its competitive edge. The financial engine of West China Cement Ltd. is largely powered by the sale of its core product—cement. This essential building material finds its way into a plethora of applications, from public infrastructure projects like roads and bridges to residential and commercial buildings. The company generates revenue by not only selling finished cement but also engaging in the distribution and logistics involved in delivering this vital material to various construction sites. Moreover, West China Cement has cultivated strong relationships with local authorities and contractors, ensuring a steady pipeline of orders. This business model, coupled with strategic expansions into other developing regions within China, enables the company to capture a substantial market share in an industry characterized by its increasing demand and relatively stable pricing, which together create a robust revenue stream.

Intrinsic Value
5.89 HKD
Undervaluation 49%
Intrinsic Value
Price
W
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
9.8%
=
Net Income
¥987.6m
/
Revenue
¥10.1B
What is West China Cement Ltd's current Net Margin?

The current Net Margin for West China Cement Ltd is 9.8%, which is above its 3-year median of 7.6%.

How has Net Margin changed over time?

Over the last 3 years, West China Cement Ltd’s Net Margin has decreased from 15% to 9.8%. During this period, it reached a low of 3.3% on Jun 30, 2024 and a high of 15% on Jun 30, 2022.

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