ASX Share rice
Sun 09 May 2021 - 05:32:pm (Sydney)

WES Share Price

WESFARMERS LIMITEDWESRetailing

WES Company Information

Name:

Wesfarmers Limited

Sector:

Consumer Cyclical

Industry:

Home Improvement Retail

GIC Industry:

Multiline Retail

GIC Sub Industry:

General Merchandise Stores

Address:

Brookfield Place Tower 2 Perth WA Australia 6000

Phone:

61 8 9327 4211

Full Time Employees:

120000

Group MD, CEO & Director:

Mr. Robert G. Scott

Chief Financial Officer:

Mr. Anthony Natale Gianotti

Head of the Australian Conglomerate's Department Stores Division & Managing Director of Kmart:

Mr. Ian Bailey

MD of Bunnings Group and MD of Bunnings Australia & New Zealand:

Mr. Michael Schneider

Mang. of Investor Relations:

Simon Edmonds

Group Gen. Counsel:

Ms. Maya vanden Driesen

Media & External Affairs Mang.:

Cathy Bolt

Chief HR Officer:

Ms. Jennifer Bryant

Managing Director of Industrial & Safety:

Mr. Tim J. Bult

Managing Director of Target:

Ms. Marina Joanou

Company Overview:

Wesfarmers Limited primarily engages in the retail business in Australia, New Zealand, the United Kingdom, and internationally. It is involved in the retail sale of building materials, and home and garden improvement products through its Bunnings stores; apparel, homewares, and general merchandise, including toys, leisure, entertainment, home, consumables, electrical products, and accessories; and office products and solutions, such as office supplies, technology, furniture, art supplies, education resources, and helpful services, including print and copy and on-site tech support through its 167 Officeworks stores. The company also manufactures and supplies ammonia, ammonium nitrate, and industrial chemicals; manufactures, imports, and distributes phosphate, nitrogen, and potassium-based fertilizers in blended, compound, and liquid form; supplies polyvinyl chloride resins used in a range of products comprising piping, cable insulation, floor coverings, building profiles, packaging, and compounds; produces wood-plastic composite products from recycled wood and plastic; and manufactures and distributes sodium cyanide, which is used in the mining industry for gold extraction. In addition, it extracts, markets, and distributes liquefied petroleum gas and liquefied natural gas; distributes tools, safety gear, work wear, and industrial supplies; supplies industrial, specialty, and medical gases; supplies and distributes maintenance, repair, and operating products; and provides risk management and compliance services, as well as offers property management services. Further, the company provides its products online. Wesfarmers Limited was founded in 1914 and is headquartered in Perth, Australia.

WES Share Price Information

Shares Issued:

1.13B

Market Capitalisation:

$61.67B

Dividend per Share:

$1.65

Ex Dividend Date:

2021-02-23

Dividend Yield:

3.03%

Revenue (TTM):

$33.37B

Revenue Per Share (TTM):

$29.51

Earnings per Share:

$1.658

Profit Margin:

0.0563

Operating Margin (TTM):

$0.10

Return On Assets (TTM):

$0.08

Return On Equity (TTM):

$0.20

Quarterly Revenue Growth (YOY):

0.166

Gross Profit(TTM):

$11.33B

Diluted Earnings Per Share (TTM):

$1.658

QuarterlyEarnings Growth(YOY):

0.148

WES CashFlow Statement

CashFlow Date:

2020-06-30

Investments:

$2.20B

Change To Liabilities:

$121M

Total Cashflow From Investing Activities:

$642M

Net Borrowings:

$-1,336,000,000

Net Income:

$1.70B

Total Cash From Operating Activities:

$4.55B

Depreciation:

$1.48B

Other Cashflow From Investing Activities:

$1.51B

Dividends Paid:

$-1,734,000,000

Change To Inventory:

$443M

Change To Account Receivables:

$-34,000,000

Capital Expenditures:

$749M

WES Income Statement

Income Date:

2020-06-30

Income Before Tax:

$2.37B

Net Income:

$1.70B

Gross Profit:

$11.54B

Operating Income:

$2.74B

Other Operating Expenses:

$1.12B

Interest Expense:

$-213,000,000

Income Tax Expense:

$752M

Total Revenue:

$30.85B

Cost Of Revenue:

$19.31B

WES Balance Sheet

Balance Sheet Date:

2020-06-30

Intangible Assets:

$848M

Total Liabilities:

$16.08B

Total Stockholder Equity:

$9.34B

Other Current Liabilities:

$868M

Total Assets:

$25.43B

Common Stock:

$15.82B

Other Current Assets:

$270M

Retained Earnings:

$-245,000,000

Other Liabilities:

$435M

Good Will:

$2.97B

Other Assets:

$1.07B

Cash:

$2.74B

Total Current Liabilities:

$7.27B

Property - Plant & Equipment:

$10.65B

Net Tangible Assets:

$5.53B

Long-Term Investments:

$1.83B

Total Current Assets:

$8.06B

Long-Term Debt:

$2.15B

Net Receivables:

$1.04B

Short-Term Investments:

$17.36B

Inventory:

$3.84B

Accounts Payable:

$4.01B

Non Currrent Assets (Other):

$10M

Short-Term Investments:

$17.36

Non Current Liabilities (Other):

$85M

Non Current Liabilities Total:

$8.81B

WES Share Price History

WES News

05 May, 2021
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
27 Apr, 2021
Chilean lithium producer SQM said on Tuesday that it will auction the remainder of 22.4 million of the company´s series B shares on the Santiago stock exchange issued to help underwrite an ambitious expansion of its lithium, nitrate and iodine operations. SQM said in December the capital would be used to fund a $1.9 billion, four-year investment plan, which aims to more than double its capacity to produce lithium carbonate in Chile to 180,000 tonnes annually from 70,000 tonnes.
15 Mar, 2021
A unique hydrogen partnership with one of Australia’s largest gas companiesMONTREAL, March 15, 2021 (GLOBE NEWSWIRE) -- Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce that its wholly owned subsidiary HyGear, and Coregas, a Wesfarmers (ASX: WES) company, signed a Memorandum of Understanding (“MOU”) to develop a robust ecosystem for the deployment of highly efficient hydrogen supply to the transport, industrial and commercial markets across Australia and New Zealand. Equipped with industry leading technology for on-site gas generation, HyGear will support Coregas with its expertise in the process of hydrogen production, purification and recycling of industrial gases, including installation, operations and maintenance. By combining Coregas’ established footprint of production and storage facilities for compressed gases, both companies will cooperate in building a hydrogen supply business model for HyGear’s steam methane reforming and electrolyser technologies with Coregas’ large customer base in Australia and New Zealand. “Coregas is delighted to enter into this partnership with Xebec to collaborate on real solutions that drive the development of hydrogen ecosystems. We look forward to bringing our respective expertise and technologies together to deliver turn-key solutions for customers operating across the hydrogen value chain,” said Alan Watkins, Coregas Executive General Manager. “We are excited to collaborate with Coregas by providing concrete cost and carbon emission reduction solutions for the emerging hydrogen infrastructure in Australia and New Zealand. This long-term partnership aligns with our objective to develop a cost-effective and local leadership in the hydrogen gas industry, helping us establish a benchmark for zero emissions in transport and industry,” stated Marinus van Driel, President of Xebec Europe and Global Hydrogen Group. The agreement further outlined the mutual support in the business operations of both organizations. In view of the rapid expansion of the hydrogen gas industry in Australia, HyGear recognizes the potential need to support Coregas in the future with its unique Decentralized Production Hub (DPH) strategy. On February 16, 2021, Xebec announced the launch of its hydrogen supply strategy in the United Kingdom. This included the construction of the company’s second Decentralized Hydrogen Production Hub in West Bromwich, with Buse Gases Ltd as a joint venture. This announcement follows the successful construction and operation of the first hub in Arnhem, The Netherlands, which was commissioned in 2017 and is currently delivering hydrogen to customers locally. “We believe the DPH strategy will create compelling and sustainable value for our partnership with Coregas and their customers,” said Marinus van Driel. “These hubs will be able to provide industrial customers with low priced, low carbon hydrogen and support the roll-out of hydrogen refueling stations in an economically viable way and move Australia and New Zealand closer to the goal of net-zero emissions.” Related links:https://www.coregas.com.au/https://hygear.com/https://www.xebecinc.com Media Inquiries:Public Relations for XebecVictor Henriquez, Senior Partnervictor@publicsc.com+1 514.377.1102 Investor Relations:Xebec Adsorption Inc.Brandon Chow, Director, Investor Relationsbchow@xebecinc.com+1 450.979.8700 ext 5762 About Coregas Pty LtdAs a Wesfarmers company, Coregas is the only Australian-owned gases company. Coregas services a wide range of industries and has a wealth of industrial gas experience and knowledge spanning over 40 years. The company manufactures gases locally and distributes throughout Australia and New Zealand via a network of branches and third parties. Products include industrial gases, medical gases and specialty gases in quantities ranging from single cylinders to bulk liquid tanks. Coregas is a leading producer of hydrogen, with distribution from its Port Kembla facility to customers across Australia, including supply partnerships with projects in the burgeoning hydrogen economy. For more information, coregas.com. About Xebec Adsorption Inc.Xebec is a global provider of clean energy solutions for renewable and low carbon gases used in energy, mobility and industry applications. The company specializes in deploying a portfolio of proprietary technologies for the distributed production of hydrogen, renewable natural gas, oxygen and nitrogen. By focusing on environmentally responsible gas generation, Xebec has helped thousands of customers around the world reduce their carbon footprints and operating costs. Headquartered in Québec, Canada, Xebec has a worldwide presence with five manufacturing facilities, eight Cleantech Service Centers and four sales offices spanning over four continents. Xebec trades on the Toronto Stock Exchange under the symbol (TSX: XBC). For more information, xebecinc.com. Cautionary Statement Neither Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements, and subject to risks and uncertainties. Generally, forward-looking statements can be identified by the use of terminology such as “plans”, “seeks”, “expects”, “estimates”, “intends”, “anticipates”, “believes”, “could”, “might”, “likely” or variations of such words, or statements that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “will be taken”, “occur”, “be achieved” or other similar expressions. Forward-looking statements, including statements concerning future capital expenditures, revenues, expenses, earnings, economic performance, indebtedness, financial condition, losses and future prospects as well as the expectations of management of Xebec with respect to information regarding the business and the expansion and growth of Xebec operations, involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are subject to business and economic factors and uncertainties, and other factors that could cause actual results to differ materially from these forward-looking statements, including the relevant assumptions and risks factors set out in Xebec's public documents, including in the most recent annual management discussion and analysis and annual information form, filed on SEDAR at www.sedar.com. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others, the uncertain and unpredictable condition of global economy, notably as a consequence of the Covid-19 pandemic, Xebec’s capacity to generate revenue growth, the availability to Xebec of financing and credit alternatives and access to capital, Xebec’s capacity to meet all its other commitments and business plans, Xebec’s limited number of customers, the potential loss of key employees, changes in the use of proceeds relating to the loan, share price volatility, and other factors. Although Xebec believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, Xebec disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
11 Mar, 2021
Wesfarmers Limited ( ASX:WES ) shareholders have seen the share price descend 10% over the month. But that doesn't...
09 Mar, 2021
In this article, we will take a look at the 15 Most Valuable Australian Companies. You can skip our detailed analysis of Australia’s economy and go to the 5 Most Valuable Australian Companies. Australia proved to be one of the most resilient economies in the wake of the coronavirus crisis. The Australian Bureau of Statistics (ABS) announced […]
04 Mar, 2021
Chilean miner SQM, the world's No. 2 producer of lithium, said on Wednesday it posted record lithium sales in the last quarter of 2020, although floundering prices for the ultralight metal continued to weigh on the company´s profits. After the coronavirus pandemic dented earnings last year, SQM and peers like Albemarle are expected to cash in on surging demand for battery metal lithium, critical to the electric vehicles that have become popular amid climate change concerns. SQM said its lithium sales volumes in the fourth quarter jumped 50% from the previous quarter, hitting a three-month record of more than 25,000 tonnes.
03 Feb, 2021
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Wesfarmers Limited...
29 Dec, 2020
Wesfarmers (ASX:WES) has had a great run on the share market with its stock up by a significant 16% over the last three...
26 Nov, 2020
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
17 Oct, 2020
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Wesfarmers Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
18 Aug, 2020
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of BWP Trust and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
04 Aug, 2020
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Wesfarmers Limited...
12 Jun, 2020
Potential Wesfarmers Limited (ASX:WES) shareholders may wish to note that the Independent Non-Executive Director...
27 May, 2020
When Wesfarmers Limited (ASX:WES) released its most recent earnings update (31 December 2019), I wanted to understand...

WES Dividend Payments

EX-Date Dividend Amount
2010-02-23$0.5667
2010-08-24$0.7213
2011-02-22$0.6698
2011-08-23$0.8758
2012-02-21$0.7213
2012-08-21$0.9789
2013-02-19$0.7934
2013-08-20$1.0613
2014-02-24$0.8650
2014-08-29$0.1018
2014-11-26$0.2500
2015-02-24$0.8900
2015-08-25$1.1100
2016-02-29$0.9100
2016-08-29$0.9500
2017-02-20$1.0300
2017-08-22$1.2000
2018-02-26$1.0300
2018-08-20$1.2000
2019-02-26$1.0000
2019-08-30$0.7800
2020-02-24$0.7500
2020-08-25$0.1800
2021-02-23$0.8800

WES Dividends (last 12 Years)