West China Cement Ltd
HKEX:2233
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| CN |
W
|
West China Cement Ltd
HKEX:2233
|
7.9B HKD |
5%
|
|
| CH |
|
Holcim AG
SIX:HOLN
|
50.2B CHF |
11%
|
|
| IE |
C
|
CRH PLC
NYSE:CRH
|
61.5B USD |
16%
|
|
| IN |
|
UltraTech Cement Ltd
NSE:ULTRACEMCO
|
3.3T INR |
9%
|
|
| DE |
|
HeidelbergCement AG
XETRA:HEI
|
30.8B EUR |
10%
|
|
| US |
|
Vulcan Materials Co
NYSE:VMC
|
35B USD |
12%
|
|
| US |
|
Martin Marietta Materials Inc
NYSE:MLM
|
33B USD |
12%
|
|
| DE |
H
|
Heidelberg Materials AG
XMUN:HEI
|
20.1B EUR |
10%
|
|
| IN |
|
Grasim Industries Ltd
NSE:GRASIM
|
1.7T INR |
4%
|
|
| CN |
|
Anhui Conch Cement Co Ltd
SSE:600585
|
122.6B CNY |
4%
|
|
| IN |
|
Ambuja Cements Ltd
NSE:AMBUJACEM
|
1.4T INR |
9%
|
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.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on West China Cement Ltd's most recent financial statements, the company has ROE of 5.1%.
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