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← CockpitCompetitor Analysis › 002302.SZ China West Construction Co. Ltd. Class AOpen in the cockpit ↗

China West Construction Co. Ltd. Class A002302.SZCompetitor analysis, valuation and peers

China · CNY·Materials›Construction Materials
Momentum strong 72
Mkt cap
$884M
US dollars, full cap
Free float
34%
of shares outstanding
$/day
$5.52M
20-day average traded
P/B
0.78×
price to book
ROE
-12.3%
delivered
Implied ROE
3.0%
what the price asks
Next earnings
147 days
2 Apr 2027
Close · CNYCN¥4.67
1D-2.1%
1W+8.3%
1M-0.2%
3M-0.4%
6M-15.9%
YTD-23.7%
1Y-31.9%
ATR %3.2%
52w lowhigh32.1% off high

What China West Construction does

Employees: 4,435

China West Construction at a glance

Size China West Construction (002302.SZ) is a China Materials company (Construction Materials) with a market value of $884M, the 2552nd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥4.67 on 6 Nov 2026.

Performance Over six months the shares fell 15.9%, against -7.0% for the median peer and -16.4% for the China market (cap-weighted) — 7th lowest of 21 in its peer set.

Growth Revenue fell 24.4% over the last twelve months (peer median +4.8%); the operating margin is -6.9% (peer median 8.3%).

Valuation It trades at 0.78× book value against a peer median of 1.66× (7th cheapest of 21).

Price implies The share price implies a return on equity of about 3.0%; China West Construction delivers -12.3%, so the price asks more than the business earns today.

Next results Next results expected around 2 Apr 2027 (exchange calendar; dates can move).

Relative performance

809010011 May 202611 Aug 20266 Nov 2026Peer median 93002302.SZ 84
Six months, rebased to 100: China West Construction against the median of its 20 peers (local-currency closes).

China West Construction financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥14.5BCN¥18.1BCN¥20.3BCN¥22.8BCN¥24.8B
Revenue growth—-11%-11%-8%—
Gross profitCN¥963MCN¥798MCN¥1.46BCN¥2.49BCN¥2.52B
EBITDAn/aCN¥60.7MCN¥722MCN¥1.78BCN¥1.76B
Net income-CN¥986M-CN¥730M-CN¥263MCN¥645MCN¥555M
Free cash flowCN¥231M-CN¥658MCN¥208M-CN¥33.5MCN¥147M
Capital expenditureCN¥69.6MCN¥119MCN¥331MCN¥372MCN¥192M
Total debtCN¥5.03BCN¥4.76BCN¥4.98BCN¥5.68BCN¥5.93B

Quarterly statements and history in the cockpit →

China West Construction competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%0%1313300720NWPX60042578216004490006080012125232P520030126008815273LOMACPACWGNRMIX605006002302.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. China West Construction is the large dot.

Fundamentals: return on equity against price-to-book

-10%0%10%20%20×40×1313300720NWPX60042578216004490006080012125232P5200301260088125045273LOMACPACWGNRMIX605006CALT002302.SZReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. China West Construction is the large dot.

Capital: ROE delivered against the ROE the price implies

0%20%0%20%1313300720NWPX6004257821000608001212P520030122504LOMACPACWGNRMIX605006002302.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. China West Construction is the large dot.

China West Construction competitors and peer comparison

How China West Construction compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

China West Construction against its 20 peers (data as of 6 Nov 2026)
Measure002302.SZPeer medianRank in peer set
1-month return-0.2%-4.5%9th highest of 21
6-month return-15.9%-7.0%7th lowest of 21
Return on equity-12.3%5.2%3rd lowest of 21
Price / book0.78×1.66×7th cheapest of 21
ROE the price implies3.0%9.2%least demanding of 20
ROE delivered-12.3%5.2%3rd lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
China West Construction 002302.SZChina$884M-16%-24%-12%0.78×3.0%-12.3%
China Resources Building Materials Technology 1313.HKHong Kong$873M-31%-12%-2%0.13×4.2%-1.5%
Hanilcmt 300720.KSSouth Korea$905M-4%-10%6%0.66×4.6%5.7%
NWPX Infrastructure NWPXUnited States$841M-22%+16%13%1.92×17.5%13.0%
Xinjiang Qingsong Building Materials & Chemicals (Group) 600425.SSChina$833M-16%-8%5%0.86×6.2%4.6%
Maeda Kosen 7821.TJapan$944M+21%+11%13%1.93×9.3%13.2%
Ningxia Building Materials 600449.SSChina$818M-12%-36%1%0.73×5.9%1.1%
Yang Guang 000608.SZChina$814M+60%+68%-9%2.18×20.3%-9.2%
Sinostone (Guangdong) 001212.SZChina$814M-52%-21%-2%2.82×34.3%-2.4%
Sumitomo Osaka Cement 5232.TJapan$969M+49%+5%6%0.77×6.0%6.2%
Pan-United P52.SISingapore$784M-9%+26%22%3.38×14.8%21.7%
Guangdong Dongpeng 003012.SZChina$779M-24%-15%1%0.68×7.1%0.7%
Jilin Yatai (Group) 600881.SSChina$776M+3%-15%-281%8.34×n/a-281.4%
Goldsun Building Materials 2504.TWTaiwan$1.06B-14%-3%15%1.36×4.4%14.8%
Mitani Sekisan 5273.TJapan$1.12B+33%+9%15%1.51×8.5%14.5%
Loma Negra Compania Industrial Argentina SA Sponsored ADR LOMAUnited States$1.12B-21%-5%4%1.16×9.2%3.9%
Cementos Pacasmayo SAA Sponsored ADR CPACUnited States$1.16B+20%+21%19%2.54×15.2%18.7%
Wagners WGN.AXAustralia$650M-4%+17%22%4.29×27.1%21.8%
Suncrete RMIXUnited States$646M-47%n/a-14%1.80×14.8%-14.3%
Shandong Fiberglass 605006.SSChina$1.25B+10%+31%2%2.56×26.0%1.6%
Caltagirone CALT.MIItaly$1.26B+1%+10%7%0.45×5.9%7.5%

Questions

Which companies are China West Construction's closest peers?
The cockpit's peer set: China Resources Building Materials Technology (1313.HK), Hanilcmt (300720.KS), NWPX Infrastructure (NWPX), Xinjiang Qingsong Building Materials & Chemicals (Group) (600425.SS), Maeda Kosen (7821.T), Ningxia Building Materials (600449.SS), Yang Guang (000608.SZ), Sinostone (Guangdong) (001212.SZ).
Is China West Construction expensive compared with its peers?
On price / book it trades at 0.78× against a peer median of 1.66×, 7th cheapest of 21 in its peer set. The share price implies a return on equity of about 3.0%; China West Construction delivers -12.3%, so the price asks more than the business earns today.
How has China West Construction stock performed?
Over six months to 6 Nov 2026 the shares returned -15.9% against -7.0% for the median peer; over one year -31.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.