HKG/2233 (HKG/2233)

Hong Kong Stock Exchange: HKG/2233 · HKD

HK$1.76

+0.05 (+2.9%)· Recorded snapshot

Market cap	9.6B
Revenue (ttm)	10.1B
Net income (ttm)	588.9M
EPS (ttm)	HK$0.11
Shares out	5.5B
P/E (trailing)	16.3x
P/E (forward)	7.3x
Dividend	HK$0.06 (3.19%)
Volume	7,602,000
Beta	0.95

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 10.1B
Net income (ttm): 588.9M
EPS (ttm): HK$0.11
P/E (trailing): 16.3x
P/E (forward): 7.3x
Market cap: 9.6B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E7.3

P25 n/aP50 n/aP75 n/a

Trailing P/E16.3

P25 n/aP50 n/aP75 n/a

ROE5.3

P25 n/aP50 n/aP75 n/a

ROIC3.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All HKG/2233 indicators

Market & fundamental data

Available fields

241

Groups with data

Currency

CNY

Showing 241 of 241 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	HKD
Country	Jersey
Country code	HK
Earnings date	2026-10-30
Employees	9,756
Employees change	334
Employees growth	3.54%
Enterprise value	HKD 25.2B
Exchange	Hong Kong Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2006
Industry	Building Materials
Is primary listing	Yes
ISIN number	JE00B3MW7P88
Last earnings date	2026-08-24
Last refreshed	2026-10-28
Market cap	HKD 9.6B
Next earnings date	2026-10-30
Price	HKD 1.76
Price currency	HKD
Sector	Materials
SIC code	3241
Stock price date	2026-10-28
Symbol	hkg/2233
Website	https://www.westchinacement.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	18.34x
Average P/E ratio (3Y)	12.62x
Average P/E ratio (5Y)	9.08x
Earnings yield	6.12%
EV/Earnings	42.76x
EV/EBIT	18.18x
EV/EBITDA	8.23x
EV/Sales	2.5x
FCF / EV yield	-2.07%
FCF yield	-5.43%
Forward P/E	7.28x
Graham number	2.52364
Graham upside	43.8%
Lynch fair value	HKD 0.54
Lynch upside	-69.41%
P/B ratio	0.59x
P/E ratio	16.35x
P/OCF ratio	4.41x
P/S ratio	0.95x
Price / tangible book value	0.68x
Price/EBITDA ratio	3.16x
Sector forward P/E	7.59x
Sector P/E	14.39x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	13.74%
EBITDA margin	30.12%
Effective tax rate	20.98%
Gross margin	26.3%
Operating margin	13.74%
Pretax margin	10.85%
Profit margin	5.84%
Profit per employee	HKD 60,361
Profitable quarters	5
Profitable years	10
Revenue per employee	HKD 1M
ROA	2.08%
ROA (5Y)	2.92%
ROCE	5.07%
ROE	5.28%
ROE (5Y)	9.08%
ROIC	3.65%
ROIC (5Y)	5.25%
Tax / revenue	2.28%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-48.59%
EPS growth (Q)	-49.63%
EPS growth (QoQ)	187.5%
EPS growth 3Y	-22.55%
EPS growth 5Y	-22.96%
EPS growth years	2
Gross profit growth	-11.36%
Gross profit growth (Q)	-11.86%
Gross profit growth 3Y	4.15%
Gross profit growth 5Y	-2.12%
Net income growth	-48.35%
Net income growth (Q)	-49.38%
Net income growth (QoQ)	188.44%
Net income growth 3Y	-22.33%
Net income growth 5Y	-22.83%
Net income growth years	2
OCF growth	39.45%
OCF growth (Q)	5.62%
OCF growth (QoQ)	-43.58%
OCF growth 10Y	11.5%
OCF growth 3Y	-6.08%
OCF growth 5Y	-7.51%
Operating income growth	-25.93%
Operating income growth (Q)	-30.49%
Operating income growth 3Y	0.07%
Operating income growth 5Y	-8.41%
Revenue growth	-13.24%
Revenue growth (Q)	-16.45%
Revenue growth (QoQ)	7.71%
Revenue growth 10Y	9.76%
Revenue growth 3Y	-0.02%
Revenue growth 5Y	0.88%
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	HKD -2.7B
Depreciation and amortization	HKD 1.7B
EBIT	HKD 1.4B
EBITDA	HKD 3B
EPS	HKD 0.11
FCF per share	HKD -0.10
Financing cash flow	HKD -273.4M
Free cash flow	HKD -520.7M
Gross profit	HKD 2.7B
Income taxes	HKD 229.4M
Investing cash flow	HKD -1.4B
Net borrowing	HKD 2.4B
Net cash flow	HKD 565.4M
Net income	HKD 588.9M
Operating income	HKD 1.4B
Revenue	HKD 10.1B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.09
Book value per share	HKD 2.64
Debt / EBITDA	5.02
Debt / equity	0.95
Interest coverage	1.86
Long-term assets	HKD 30.8B
Long-term liabilities	HKD 10.9B
Net cash (debt)	HKD -13.8B
Net cash / market cap	-144.17%
Net debt / EBITDA	4.55
Net debt / equity	0.85
Piotroski F-Score	6
Property, plant and equipment	HKD 30B
Shareholders' equity	HKD 16.2B
Tangible book value	HKD 14.1B
Tangible book value per share	HKD 2.57
Total assets	HKD 41.8B
Total cash	HKD 1.6B
Total debt	HKD 15.4B
Total liabilities	HKD 25.6B
WACC	5.99%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.24
Current assets	HKD 11B
Current liabilities	HKD 14.8B
Current ratio	0.74
Inventory turnover	2.74
Net working capital	HKD -10.4M
Quick ratio	0.41
Working capital	HKD -3.7B
Working capital turnover	-4.1

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.07%
Dividend growth	48.65%
Dividend growth (10Y)	36.22%
Dividend growth (3Y)	-9.57%
Dividend growth (5Y)	-17.62%
Dividend growth years	1
Dividend payment date	2026-07-31
Dividend payment years	9
Dividend payout frequency	Annual
Dividend per share	HKD 0.06
Dividend yield	3.19%
Ex-dividend date	2026-06-03
Last dividend	HKD 0.06
Payout ratio	36.34%
Shareholder yield	3.13%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	122.15%
10Y return CAGR	13.71%
10Y total return	261.29%
150-day SMA	HKD 1.96
15Y price change	21.03%
15Y return CAGR	5.07%
15Y total return	109.87%
1D price change	2.93%
1M price change	-1.4%
1M total return	-1.4%
1W price change	2.33%
1W total return	2.33%
1Y price change	-46.49%
1Y return CAGR	-45.13%
1Y total return	-45.1%
20-day SMA	HKD 1.76
200-day SMA	HKD 2.22
3M price change	2.04%
3M total return	2.04%
3Y price change	150.71%
3Y return CAGR	39.23%
3Y total return	169.96%
50-day SMA	HKD 1.83
50-day SMA vs 200-day SMA	50under200
52-week high	HKD 3.83
52-week high date	2026-01-28
52-week low	HKD 1.34
52-week low date	2026-06-30
5Y price change	29.04%
5Y return CAGR	10.56%
5Y total return	65.2%
6M price change	-33.27%
6M total return	-31.53%
All-time high	HKD 3.83
All-time high date	2026-01-28
All-time low	HKD 0.56
All-time low date	2024-01-22
Average true range (ATR)	HKD 0.07
Average volume	8.9M
Beta (1Y)	2.12
Beta (2Y)	1.37
Beta (5Y)	0.95
Change from 52-week high	-54.18%
Change from 52-week low	30.97%
Change from all-time high	-54.18%
Change from all-time low	213.39%
Change from open	1.15%
Day's gap	1.76%
Dollar volume	HKD 13.3M
High price	HKD 1.76
Low price	HKD 1.70
Monthly RSI	47.15
Open price	HKD 1.74
Position in 52-week range	91.67%
Previous close	HKD 1.71
Price vs 150-day SMA	-10.37%
Price vs 20-day SMA	-0.11%
Price vs 200-day SMA	-20.8%
Price vs 50-day SMA	-3.94%
Relative volume	0.89
RSI	49.34
Sharpe ratio	-0.89
Sharpe ratio (3Y)	0.8
Sharpe ratio (5Y)	0.35
Sortino ratio	-1.03
Sortino ratio (3Y)	1.28
Sortino ratio (5Y)	0.64
Volume	7.6M
Weekly RSI	43.11
YTD price change	-43.39%
YTD total return	-41.91%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1.9B
Shares change (QoQ)	-0.01%
Shares change (YoY)	0.07%
Shares held by insiders	36.32%
Shares held by institutions	7.42%
Shares outstanding	5.5B

Deeper analysis on HKG/2233

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this HKG/2233 report

Is a complete HKG/2233 research report available?

No complete published report is available for hkg/2233 (HKG/2233) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

HKG/2233 (HKG/2233)

Price

Financial snapshot

Fair-value bridge

Latest news · HKG/2233

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All HKG/2233 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on HKG/2233

Frequently asked questions