SHSE:601698

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China Satellite Communications

Executive Summary

China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services to broadcast, telecom, corporate, and government customers. More Details

Rewards

Earnings are forecast to grow 6.33% per year

Earnings have grown 2.6% per year over the past 5 years

Risk Analysis

No risks detected for 601698 from our risk checks.


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has China Satellite Communications's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 601698 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 601698's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-2.1%

601698

0.7%

CN Media

0.5%

CN Market


1 Year Return

-8.8%

601698

-4.1%

CN Media

23.2%

CN Market

Return vs Industry: 601698 underperformed the CN Media industry which returned -4.1% over the past year.

Return vs Market: 601698 underperformed the CN Market which returned 23.2% over the past year.


Shareholder returns

601698IndustryMarket
7 Day-2.1%0.7%0.5%
30 Day-6.6%1.3%0.6%
90 Day-18.3%-10.5%3.8%
1 Year-8.7%-8.8%-2.8%-4.1%25.2%23.2%
3 Yearn/a-21.7%-24.9%30.0%23.6%
5 Yearn/a-31.0%-35.1%47.5%37.4%

Long-Term Price Volatility Vs. Market

How volatile is China Satellite Communications's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is China Satellite Communications undervalued compared to its fair value and its price relative to the market?

137.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 601698 (CN¥16.35) is trading above our estimate of fair value (CN¥2.58)

Significantly Below Fair Value: 601698 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 601698 is poor value based on its PE Ratio (137.3x) compared to the CN Media industry average (28x).

PE vs Market: 601698 is poor value based on its PE Ratio (137.3x) compared to the CN market (34.9x).


Price to Earnings Growth Ratio

PEG Ratio: 601698 is poor value based on its PEG Ratio (21.7x)


Price to Book Ratio

PB vs Industry: 601698 is overvalued based on its PB Ratio (5.7x) compared to the CN Media industry average (1.7x).


Next Steps

Future Growth

How is China Satellite Communications forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601698's forecast earnings growth (6.3% per year) is above the savings rate (3.3%).

Earnings vs Market: 601698's earnings (6.3% per year) are forecast to grow slower than the CN market (25.1% per year).

High Growth Earnings: 601698's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601698's revenue (5% per year) is forecast to grow slower than the CN market (18.4% per year).

High Growth Revenue: 601698's revenue (5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 601698's Return on Equity is forecast to be low in 3 years time (4.3%).


Next Steps

Past Performance

How has China Satellite Communications performed over the past 5 years?

2.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 601698 has high quality earnings.

Growing Profit Margin: 601698's current net profit margins (17.6%) are lower than last year (17.7%).


Past Earnings Growth Analysis

Earnings Trend: 601698's earnings have grown by 2.6% per year over the past 5 years.

Accelerating Growth: 601698's earnings growth over the past year (0.4%) is below its 5-year average (2.6% per year).

Earnings vs Industry: 601698 earnings growth over the past year (0.4%) underperformed the Media industry 1.3%.


Return on Equity

High ROE: 601698's Return on Equity (4.1%) is considered low.


Next Steps

Financial Health

How is China Satellite Communications's financial position?


Financial Position Analysis

Short Term Liabilities: 601698's short term assets (CN¥6.8B) exceed its short term liabilities (CN¥2.0B).

Long Term Liabilities: 601698's short term assets (CN¥6.8B) exceed its long term liabilities (CN¥936.3M).


Debt to Equity History and Analysis

Debt Level: 601698 is debt free.

Reducing Debt: 601698 had no debt 5 years ago.

Debt Coverage: 601698 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 601698 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is China Satellite Communications's current dividend yield, its reliability and sustainability?

0.067%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 601698's dividend (0.067%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.39%).

High Dividend: 601698's dividend (0.067%) is low compared to the top 25% of dividend payers in the CN market (1.77%).


Stability and Growth of Payments

Stable Dividend: 601698 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 601698 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 601698 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 601698's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Jing Sun

no data

Tenure

Mr. Jing Sun serves as President and Executive Director at China Satellite Communications Co., Ltd.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China Satellite Communications Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Satellite Communications Co., Ltd.
  • Ticker: 601698
  • Exchange: SHSE
  • Founded: NaN
  • Industry: Cable and Satellite
  • Sector: Media
  • Market Cap: CN¥66.000b
  • Shares outstanding: 4.00b
  • Website: https://www.chinasatcom.com

Number of Employees


Location

  • China Satellite Communications Co., Ltd.
  • Building A
  • China Satellite Communications Tower
  • Beijing
  • 100190
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
601698SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYJun 2019
601698XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYJun 2019

Biography

China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services to broadcast, telecom, corporate, and government customers. It offers satellite resource leasing service...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 09:10
End of Day Share Price2021/03/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.