West China Cement dividend calculator – West China Cement Ltd Declares 0.07437 Cash Dividend
June 6, 2023
🌥️Dividends Yield
West China Cement ($SEHK:02233) Ltd has recently declared a 0.07437 cash dividend on June 3 2023. The ex-dividend date is May 30 of the same year. Over the last three years, WEST CHINA CEMENT has paid out 0.08 CNY in dividends per share annually, resulting in an average dividend yield of 7.94%. This dividend represents an attractive opportunity for potential income investors as it is in line with the company’s previous dividend history.
For those looking to invest in WEST CHINA CEMENT, now could be a good time to do so in order to receive the upcoming dividend. Therefore, it is important to consider this when deciding whether or not to invest in WEST CHINA CEMENT.
Price History
The announcement saw WEST CHINA CEMENT’s stock open at HK$0.9 and close at the same price during the trading day. This dividend payment marks the company’s commitment to provide returns to its investors and reward them for their loyalty to the company. Furthermore, it serves as a sign of confidence in the company’s financial position and stability.
As such, it is also a vote of confidence in the future prospects of WEST CHINA CEMENT. This dividend payout may encourage more investors to join in on the company’s success and benefit from its future growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for West China Cement. More…
| Total Revenues | Net Income | Net Margin |
| 8.49k | 1.21k | 15.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for West China Cement. More…
| Operations | Investing | Financing |
| 2.13k | -3.28k | -1.08k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for West China Cement. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 30.24k | 16.85k | 2.12 |
Key Ratios Snapshot
Some of the financial key ratios for West China Cement are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.4% | -5.2% | 22.7% |
| FCF Margin | ROE | ROA |
| -9.7% | 10.2% | 4.0% |
Analysis
GoodWhale has conducted an analysis of WEST CHINA CEMENT’s wellbeing. Our Risk Rating places WEST CHINA CEMENT as a medium risk investment in terms of financial and business aspects. We have detected two risk warnings in its income sheet and balance sheet. To access this information in more detail, become a registered user of GoodWhale. We can provide you with an in-depth analysis of WEST CHINA CEMENT’s wellbeing, and can help you make an informed decision when it comes to investing. More…
Peers
The cement industry in China is highly competitive, particularly between West China Cement Ltd and its major competitors: China Shanshui Cement Group Ltd, China Resources Cement Holdings Ltd, and Yunnan Bowin Technology And Industry Co Ltd. All four major companies are vying for market share in the lucrative and rapidly expanding Chinese cement market.
– China Shanshui Cement Group Ltd ($SEHK:00691)
Shanshui Cement Group Ltd is a China-based building materials manufacturer primarily engaged in the production and distribution of cement and clinker. As of 2023, the company has a market cap of 4.92 billion, making it one of the largest building materials companies in China. Its Return on Equity (ROE) of 4.71% demonstrates its ability to consistently generate strong returns for shareholders from its operations. The company operates in over 40 provinces across China, providing quality cement products for both domestic and international markets.
– China Resources Cement Holdings Ltd ($SEHK:01313)
China Resources Cement Holdings Ltd (CRCH) is a leading cement manufacturer based in Hong Kong. The company has a market cap of 21.16B as of 2023, which means it is one of the largest cement companies in the region. CRCH has a Return on Equity of 3.24%, which demonstrates its efficient use of capital and reflects its strong financial performance. The company is committed to providing quality products and services to its customers, and has established a well-established presence in the cement market.
– Yunnan Bowin Technology And Industry Co Ltd ($SHSE:600883)
Yunnan Bowin Technology and Industry Co Ltd is a publicly traded Chinese company that develops and manufactures electronics, semiconductors, and other electrical products. The company has a market cap of 1.78B as of 2023, making it one of the larger Chinese companies. Its Return on Equity (ROE) is 8.39%, indicating that the company is able to generate a good return for its investors. The company mainly sells its products in China, but also exports to other countries.
Summary
WEST CHINA CEMENT is an attractive dividend stock for investors looking to add income to their portfolio. The company has consistently paid out 0.08 CNY in dividends per share annually over the last 3 years, giving it an average dividend yield of 7.94%. This is much higher than the average yield of the market. WEST CHINA CEMENT could be a suitable investment option for investors looking for income through dividends.
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