WCHNF West China Cement Ltd featured news, full reports, and detailed charts
West China Cement Ltd (WCHNF/WCHNF.PK) Wrap Up:
West China Cement Limited, an investment holding company, engages in the production and distribution of cement primarily in People's Republic of China. The company was founded in 2006 and headquartered in Xi'an, the People's Republic of China.West China Cement Ltd (WCHNF:Pink OTC Markets Inc)
Snapshot of West China Cement Ltd (WCHNF)
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OPEN
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PREVIOUS CLOSE
$7.57
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
11/10/09 - $7.95
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52 WEEK LOW
12/30/08 - $0.74
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MARKET CAP
491.0M
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AVERAGE VOLUME 3 mo
1.2K
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DILUTED EPS TTM
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SHARES OUTSTANDING
64.9M
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WCHNF Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
WCHNF Top Compensated Officers
Executives, Board Directors
Key developments for West China Cement Ltd (WCHNF)
West China Cement Limited announced that PricewaterhouseCoopers LLP have replaced PKF (UK) LLP as Auditor of the Company. PKF have confirmed that there are no circumstances that they consider ought to be brought to the attention of the members or creditors of the Company. PWC has been appointed to act as the auditors of the Company until the conclusion of the next annual general meeting of the company. The board considered that the appointment of PWC was appropriate in advance of the Company's proposed listing on the main board of the Hong Kong Stock Exchange.
West China Cement Limited reported unaudited consolidated earnings results for the first half ended June 30, 2009. For the period, revenue was RMB 574.71 million against RMB 338.01 million a year ago. Other operating income was RMB 31.49 million against RMB 16.05 million a year ago. Operating profit was RMB 225.23 million against RMB 102.05 million a year ago. Profit before income tax was RMB 186.91 million against RMB 87.68 million a year ago. Profit for the period was RMB 170.44 million against RMB 87.67 million a year ago. Profit attributable to owners of the company was RMB 170.44 million or RMB 2.65 per basic and diluted share against RMB 87.67 million or RMB 1.21 per basic and diluted share a year ago. Net cash generated from operating activities was RMB 273.68 million against net cash used in operating activities of RMB 109.95 million a year ago. Capital expenditure on purchase of property plant & equipment was RMB 301.26 million against RMB 279.23 million a year ago.
West China Cement Limited declared on 8 June that it has been awarded contracts for the Shitian Expressway and the Baotou-Xi'an Railway Line in China. WCC said that it has now won 84% of the contracts up for tender for the Shitian Expressway project, including 43 contracts in Ankang and 11 in Hanzhong. Shitian Expressway has so far opened 64 tender sections but a further 25 sections within the Hanzhong region are still to be opened for tender. In addition WCC tendered for one of three sections of the Baotou-Xi'an Railway Line. This contract award covers a section running through the Weinan region, where WCC's Pucheng plant is located. The estimated cement consumption for this section is approximately 600,000 tonnes.
WCHNF Competitors
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Industry Analysis
| Valuation | WCHNF | Industry Range |
| Price/Earnings | 100.0x |
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| Price/Sales | 510.8x |
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| Price/Book | 419.4x |
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| Price/Cash Flow | 1,881.5x |
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| TEV/Sales | 515.6x |
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WCHNF |
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WCHNF transactions
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| No transactions in the last 6 months. | ||
