West China Cement Limited
West China Cement Limited, an investment holding company, manufactures and sells cement and cement products in the People's Republic of China, Mozambique, Ethiopia, Democratic Republic of Congo, Other African countries, and internationally. It also engages in financial leasing; exploitation and sales of mines; real estate development and operation; production, manufacturing, and wholesale sales o… Read more
West China Cement Limited (WCHNF) - Net Assets
Latest net assets as of June 2025: $14.33 Billion USD
Based on the latest financial reports, West China Cement Limited (WCHNF) has net assets worth $14.33 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.79 Billion) and total liabilities ($21.45 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $14.33 Billion |
| % of Total Assets | 40.05% |
| Annual Growth Rate | 19.94% |
| 5-Year Change | 31.25% |
| 10-Year Change | 134.02% |
| Growth Volatility | 38.63 |
West China Cement Limited - Net Assets Trend (2006–2024)
This chart illustrates how West China Cement Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for West China Cement Limited (2006–2024)
The table below shows the annual net assets of West China Cement Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.82 Billion | -2.48% |
| 2023-12-31 | $14.17 Billion | +5.80% |
| 2022-12-31 | $13.39 Billion | +13.57% |
| 2021-12-31 | $11.79 Billion | +12.01% |
| 2020-12-31 | $10.53 Billion | +14.11% |
| 2019-12-31 | $9.23 Billion | +21.41% |
| 2018-12-31 | $7.60 Billion | +14.64% |
| 2017-12-31 | $6.63 Billion | +12.10% |
| 2016-12-31 | $5.91 Billion | +0.16% |
| 2015-12-31 | $5.90 Billion | +17.69% |
| 2014-12-31 | $5.02 Billion | -1.35% |
| 2013-12-31 | $5.09 Billion | +4.92% |
| 2012-12-31 | $4.85 Billion | +15.99% |
| 2011-12-31 | $4.18 Billion | +16.91% |
| 2010-12-31 | $3.57 Billion | +175.94% |
| 2009-12-31 | $1.30 Billion | +39.26% |
| 2008-12-31 | $930.08 Million | +36.29% |
| 2007-12-31 | $682.44 Million | +30.42% |
| 2006-12-31 | $523.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to West China Cement Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 10521.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.76 Billion | 79.57% |
| Common Stock | $142.26 Million | 1.16% |
| Other Comprehensive Income | $-564.52 Million | -4.60% |
| Other Components | $2.93 Billion | 23.87% |
| Total Equity | $12.27 Billion | 100.00% |
West China Cement Limited Competitors by Market Cap
The table below lists competitors of West China Cement Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Service Properties Trust
NASDAQ:SVC
|
$340.90 Million |
|
Shenzhen CDL Precision Technology Co Ltd
SHE:300686
|
$340.97 Million |
|
Nhn Entertain
KO:181710
|
$341.00 Million |
|
Inox Wind Energy Limited
NSE:IWEL
|
$341.31 Million |
|
Guilin Seamild Foods Co Ltd
SHE:002956
|
$340.78 Million |
|
Leon's Furniture Limited
PINK:LEFUF
|
$340.73 Million |
|
DoubleU Games Co Ltd
KO:192080
|
$340.72 Million |
|
Crombie Real Estate Investment Trust
PINK:CROMF
|
$340.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in West China Cement Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,283,445,000 to 12,268,177,000, a change of -15,268,000 (-0.1%).
- Net income of 626,181,000 contributed positively to equity growth.
- Dividend payments of 125,450,000 reduced retained earnings.
- New share issuances of 23,860,000 increased equity.
- Other comprehensive income decreased equity by 555,137,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $626.18 Million | +5.1% |
| Dividends Paid | $125.45 Million | -1.02% |
| Share Issuances | $23.86 Million | +0.19% |
| Other Comprehensive Income | $-555.14 Million | -4.53% |
| Other Changes | $15.28 Million | +0.12% |
| Total Change | $- | -0.12% |
Book Value vs Market Value Analysis
This analysis compares West China Cement Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.08x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.11x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.16 | $0.18 | x |
| 2007-12-31 | $0.21 | $0.18 | x |
| 2008-12-31 | $0.29 | $0.18 | x |
| 2009-12-31 | $0.39 | $0.18 | x |
| 2010-12-31 | $0.97 | $0.18 | x |
| 2011-12-31 | $0.96 | $0.18 | x |
| 2012-12-31 | $1.08 | $0.18 | x |
| 2013-12-31 | $1.11 | $0.18 | x |
| 2014-12-31 | $1.10 | $0.18 | x |
| 2015-12-31 | $1.18 | $0.18 | x |
| 2016-12-31 | $1.08 | $0.18 | x |
| 2017-12-31 | $1.21 | $0.18 | x |
| 2018-12-31 | $1.38 | $0.18 | x |
| 2019-12-31 | $1.66 | $0.18 | x |
| 2020-12-31 | $1.90 | $0.18 | x |
| 2021-12-31 | $2.08 | $0.18 | x |
| 2022-12-31 | $2.21 | $0.18 | x |
| 2023-12-31 | $2.26 | $0.18 | x |
| 2024-12-31 | $2.26 | $0.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently West China Cement Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.50%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.96x
- Recent ROE (5.10%) is below the historical average (12.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 16.94% | 28.84% | 0.34x | 1.74x | $36.31 Million |
| 2007 | 22.02% | 28.57% | 0.43x | 1.80x | $82.03 Million |
| 2008 | 26.47% | 28.42% | 0.46x | 2.03x | $153.15 Million |
| 2009 | 26.02% | 21.79% | 0.41x | 2.89x | $203.44 Million |
| 2010 | 26.13% | 31.25% | 0.53x | 1.57x | $571.05 Million |
| 2011 | 16.27% | 20.75% | 0.38x | 2.07x | $255.18 Million |
| 2012 | 7.67% | 10.35% | 0.34x | 2.17x | $-110.71 Million |
| 2013 | 7.50% | 9.08% | 0.39x | 2.11x | $-126.10 Million |
| 2014 | 0.72% | 0.92% | 0.36x | 2.17x | $-461.18 Million |
| 2015 | -5.28% | -8.83% | 0.31x | 1.94x | $-894.85 Million |
| 2016 | 0.18% | 0.28% | 0.33x | 1.91x | $-575.94 Million |
| 2017 | 10.81% | 14.93% | 0.41x | 1.77x | $52.98 Million |
| 2018 | 15.41% | 19.61% | 0.48x | 1.65x | $406.92 Million |
| 2019 | 19.90% | 24.85% | 0.50x | 1.61x | $895.99 Million |
| 2020 | 15.11% | 21.88% | 0.38x | 1.83x | $527.40 Million |
| 2021 | 14.01% | 19.81% | 0.30x | 2.36x | $453.72 Million |
| 2022 | 10.10% | 14.31% | 0.28x | 2.51x | $11.61 Million |
| 2023 | 3.43% | 4.67% | 0.27x | 2.68x | $-807.07 Million |
| 2024 | 5.10% | 7.50% | 0.23x | 2.96x | $-600.64 Million |
Industry Comparison
This section compares West China Cement Limited's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $78,983,864,921
- Average return on equity (ROE) among peers: -918.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| West China Cement Limited (WCHNF) | $14.33 Billion | 16.94% | 1.50x | $340.82 Million |
| Anhui Conch Cement Co Ltd (AHCHY) | $6.85 Billion | 5.94% | 1.81x | $19.28 Billion |
| Amrize Ltd (AMRZ) | $8.21 Billion | 13.50% | 1.52x | $27.46 Billion |
| Basanite Inc (BASA) | $181.76K | -9065.80% | 27.67x | $7.57 Million |
| PT Berkah Beton Sadaya Tbk (BHBSY) | $771.79 Billion | 15.93% | 0.06x | $360.00 Million |
| BRDNF (BRDNF) | $1.11 Billion | 9.50% | 0.69x | $1.54 Billion |
| Brickworks Limited (BRKWF) | $1.84 Billion | 4.25% | 0.37x | $1.23 Billion |
| Capstone Holding Corp. Common Stock (CAPS) | $-879.00K | 0.00% | 0.00x | $3.74 Million |
| Capstone Therapeutics Corp (CAPS) | $3.10 Million | -134.29% | 0.09x | $80.00K |
| Captivision Inc. (CAPT) | $-12.26 Million | 0.00% | 0.00x | $11.82 Million |
| China GengSheng Minerals Inc (CHGS) | $40.48 Million | -33.45% | 3.01x | $0.97 |