Home000401 • SHE
add
Tangshan Jidong Cement Co Ltd
Previous close
¥5.81
Day range
¥5.64 - ¥5.85
Year range
¥3.99 - ¥7.10
Market cap
15.05B CNY
Avg Volume
19.18M
P/E ratio
-
Dividend yield
-
Primary exchange
SHE
Market news
Financials
Income Statement
Revenue
Net income
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 7.34B | -6.63% |
Operating expense | 1.50B | -15.94% |
Net income | 509.40M | 785.61% |
Net profit margin | 6.94 | 850.68% |
Earnings per share | — | — |
EBITDA | 1.67B | 67.55% |
Effective tax rate | 22.67% | — |
Balance Sheet
Total assets
Total liabilities
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 7.01B | -4.52% |
Total assets | 60.44B | -3.72% |
Total liabilities | 30.32B | -1.95% |
Total equity | 30.11B | — |
Shares outstanding | 2.63B | — |
Price to book | 0.54 | — |
Return on assets | 3.34% | — |
Return on capital | 3.94% | — |
Cash Flow
Net change in cash
(CNY) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 509.40M | 785.61% |
Cash from operations | 929.40M | -27.22% |
Cash from investing | -171.69M | 50.57% |
Cash from financing | 173.90M | 157.20% |
Net change in cash | 931.21M | 48.91% |
Free cash flow | -2.49B | -27.47% |
About
Tangshan Jidong Cement Co., Ltd. SZSE: 000401 is a Chinese cement manufacturing company, ranked the 6th largest manufacturer of cement in the world by Global Cement Magazine based on 2011 data. The cement maker is part of the Jidong Development Group, a holding company with interests in machinery, real estate, and production of other construction materials.
Jidong expanded outside of China for the first time in 2010 when it entered into a deal to build a new cement plant in Limpopo, South Africa. The US$221 million investment was funded by a consortium that included the China Africa Development Fund, Chinese commercial banks, and Nedbank, along with equity stakes by Continental Cement and Women Investment Portfolio Holdings. In an interview with The Financial Times, Chen Ying, an executive of Jidong Development Group, explained that the investment was driven by his belief that Africa would progress and grow as fast as China. Before the investment, in 2007 Jidong and Women Investment Portfolio Holdings, a black women empowerment themed fund, had already partnered up to deliver Dunshi branded cement in South Africa. Wikipedia
Founded
May 8, 1994
Website
Employees
22,102