Shares of West China Cement Limited (HKG:2233) soared 5.02% in intraday trading, continuing its impressive run in the stock market. This latest surge comes on the heels of a remarkable 28% gain over the past month and an astounding 205% increase over the last year, highlighting the strong investor confidence in the company.

The cement manufacturer's recent performance has caught the attention of market analysts and investors alike. Despite trading at a P/E ratio of 13.2x, which is close to the Hong Kong market median, West China Cement's growth prospects appear to be outpacing the wider market. Analysts forecast earnings growth of 20% per annum over the next three years for the company, compared to the market's expected 15% growth rate.

However, the article also notes some potential risks that investors should consider. The company's three-year earnings per share (EPS) showed a 17% decline, which could be a concern for some. Additionally, the report mentions two warning signs for West China Cement, with one being particularly concerning. As the stock continues its upward trajectory, investors are advised to weigh these factors against the company's strong recent performance and future growth expectations.