XHKG0552
Market cap3.96bUSD
Dec 23, Last price
4.45HKD
1D
2.06%
1Q
9.88%
Jan 2017
-9.92%
IPO
10.70%
Name
China Communications Services Corp Ltd
Chart & Performance
Profile
China Communications Services Corporation Limited provides telecommunications support services worldwide. It offers telecommunications infrastructure services, including planning, design, construction, and project supervision for fixedline, mobile, broadband networks, data centers and supporting systems; construction services of ancillary communications networks; and integrated solutions for informatization, as well as intelligentization solutions of industries. The company also provides business process outsourcing services comprising network maintenance and optimization services that include fiber optic and electric cables, mobile base stations, network equipment, and terminals; property management services for customers data centers, cloud computing bases, commercial and residential buildings, high-speed railway stations, airports, etc.; and supply chain services, including logistics and transportation, warehousing and distribution, inspection service and tender agent, digital procurement, repair and disposition to domestic telecommunications operators, government, and enterprises customers. In addition, it offers applications, content, and other services, such as system integration, software development and system support, value-added, and other services. Further, the company provides submarine cable installation and other related services. Additionally, it involved in the distribution of communication products; terminals sales; device distribution services; and distribution and procurement services of IT devices, auxiliary machinery, and equipment. It serves telecommunications operators; and non-telecom operator customers, such as government, construction, transportation, power, and financial institutions, as well as overseas customers. The company was incorporated in 2006 and is headquartered in Beijing, China. China Communications Services Corporation Limited is a subsidiary of China Telecommunications Corporation.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 148,614,676 5.59% | 140,745,755 5.04% | 133,991,317 9.25% | |||||||
Cost of revenue | 146,270,472 | 143,677,411 | 136,391,622 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,344,204 | (2,931,656) | (2,400,305) | |||||||
NOPBT Margin | 1.58% | |||||||||
Operating Taxes | 377,805 | 356,096 | 392,673 | |||||||
Tax Rate | 16.12% | |||||||||
NOPAT | 1,966,399 | (3,287,752) | (2,792,978) | |||||||
Net income | 3,584,391 6.69% | 3,359,555 6.40% | 3,157,434 2.47% | |||||||
Dividends | (1,405,251) | (1,257,596) | (1,130,717) | |||||||
Dividend yield | 6.26% | 6.37% | 4.30% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 1,295,257 | 1,265,224 | 1,213,883 | |||||||
Long-term debt | 2,599,059 | 1,709,235 | 1,652,611 | |||||||
Deferred revenue | (503,627) | (655,143) | ||||||||
Other long-term liabilities | 794,575 | (129,120) | (89,808) | |||||||
Net debt | (30,068,673) | (34,134,442) | (31,659,509) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 5,356,247 | 4,908,283 | 4,505,957 | |||||||
CAPEX | (1,218,388) | (1,226,002) | (1,769,213) | |||||||
Cash from investing activities | (2,115,504) | (2,289,201) | (3,669,549) | |||||||
Cash from financing activities | (2,402,308) | (1,743,877) | (628,351) | |||||||
FCF | 1,854,976 | (3,175,046) | (1,030,148) | |||||||
Balance | ||||||||||
Cash | 29,581,783 | 24,536,883 | 26,892,813 | |||||||
Long term investments | 4,381,206 | 12,572,018 | 7,633,190 | |||||||
Excess cash | 26,532,255 | 30,071,613 | 27,826,437 | |||||||
Stockholders' equity | 32,825,531 | 37,093,340 | 35,080,810 | |||||||
Invested Capital | 20,307,707 | 13,883,289 | 12,106,448 | |||||||
ROIC | 11.50% | |||||||||
ROCE | 5.00% | |||||||||
EV | ||||||||||
Common stock shares outstanding | 6,926,018 | 6,926,018 | 6,926,018 | |||||||
Price | 3.24 13.68% | 2.85 -25.00% | 3.80 11.76% | |||||||
Market cap | 22,440,298 13.68% | 19,739,151 -25.00% | 26,318,868 11.76% | |||||||
EV | (6,537,433) | (13,132,003) | (4,137,735) | |||||||
EBITDA | 4,016,385 | (1,334,182) | (871,534) | |||||||
EV/EBITDA | 9.84 | 4.75 | ||||||||
Interest | 113,734 | 90,986 | 78,624 | |||||||
Interest/NOPBT | 4.85% |