Benign Growth For China West Construction Group Co., Ltd (SZSE:002302) Underpins Its Share Price

When close to half the companies in China have price-to-earnings ratios (or "P/E's") above 33x, you may consider China West Construction Group Co., Ltd (SZSE:002302) as a highly attractive investment

Simply Wall StMay 22 20:45 ET

Western Construction (002302.SZ): As of April 19, 2024, the total number of shareholders of the company was 52,648

Gelonghui, April 22丨Western Construction (002302.SZ) said on the investor interactive platform that as of April 19, 2024, the total number of shareholders of the company was 52,648.

Gelonghui FinanceApr 22 03:29 ET

Western Construction (002302.SZ) reported first-quarter results with a net loss of 114 million yuan

According to the Zhitong Finance App, Western Construction (002302.SZ) released its report for the first quarter of 2024, with revenue of 4,045 billion yuan, a year-on-year decrease of 0.43%. The net loss attributable to shareholders of listed companies was 114 million yuan, an increase of 86.97% over the previous year. Net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss of $127 million. Basic earnings per share - $0.0905.

Zhitong FinanceApr 21 03:43 ET

Western Construction (002302.SZ): In 2024, the company will plan to carry out a three-year special management action on accounts receivable

Gelonghui, April 17 | Western Construction (002302.SZ) said at an investor relations event that the company's accounts receivable situation is mainly affected by factors such as distribution models, product characteristics, growth in business scale and changes in the market environment. In order to effectively solve this problem, the company optimized the control mechanism and promoted the transformation of collection from a “year-end big battle” to a “small monthly battle”. In 2024, the company will plan and carry out a three-year special management campaign for accounts receivable to completely reverse the increase in accounts receivable by continuously improving customer credit management, strengthening contract governance, improving contract quality, strengthening legal arrears settlement, and establishing a lifelong responsibility system for accounts receivable

Gelonghui FinanceApr 17 07:00 ET

Western Construction (002302.SZ): The number of contracts signed in the first quarter was 33.696 million square meters, up 73.37% year on year

Gelonghui, April 17 | Western Construction (002302.SZ) announced that in the first quarter of 2024, the contract volume was 33.696 million square meters, up 73.37% year on year; sales volume was 10.9936 million square meters, up 10.75% year on year.

Gelonghui FinanceApr 17 05:34 ET

Western Construction (002302.SZ): As of April 10, 2024, the total number of shareholders of the company was 5,2981

Gelonghui, April 12, 丨 Western Construction (002302.SZ) said on the investor interactive platform that as of April 10, 2024, the total number of shareholders of the company was 52,981.

Gelonghui FinanceApr 12 04:00 ET