China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services to broadcast, telecom, corporate, and government customers.
No risks detected for 601698 from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥15.32|
|52 Week High||CN¥13.13|
|52 Week Low||CN¥21.20|
|1 Month Change||12.15%|
|3 Month Change||-6.47%|
|1 Year Change||-23.21%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||290.82%|
Recent News & Updates
|601698||CN Media||CN Market|
Return vs Industry: 601698 underperformed the CN Media industry which returned -18.1% over the past year.
Return vs Market: 601698 underperformed the CN Market which returned 12.4% over the past year.
Stable Share Price: 601698 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 601698's weekly volatility (6%) has been stable over the past year.
About the Company
China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services to broadcast, telecom, corporate, and government customers. It offers satellite resource leasing services, such as long-term and temporary rental; value-added services, including consulting, training, network access test and antenna certification, and interference location services, as well as tracking, telemetry, and control services; and bandwidth rental services for TV channels distribution, contribution, and direct to home broadcast through satellites. The company also provides equipment supply and system integration, uplink service, HUB hosting and operation, and other teleport services; information services comprising remote sensing images, location information, and weather information services; internet access, voip, telemedicine, and other services; and integration internet information, emergency communications, private network communication network, E-education, IoT, and telecommunication services.
China Satellite Communications Fundamentals Summary
|601698 fundamental statistics|
Is 601698 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|601698 income statement (TTM)|
|Cost of Revenue||CN¥1.66b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.14|
|Net Profit Margin||20.58%|
How did 601698 perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
Is China Satellite Communications undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 601698 (CN¥15.32) is trading above our estimate of fair value (CN¥2.3)
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 (110.9x) compared to the CN Media industry average (22.8x).
PE vs Market: 601698 is poor value based on its PE Ratio (110.9x) compared to the CN market (35.4x).
Price to Earnings Growth Ratio
PEG Ratio: 601698 is poor value based on its PEG Ratio (37.9x)
Price to Book Ratio
PB vs Industry: 601698 is overvalued based on its PB Ratio (5.2x) compared to the CN Media industry average (1.9x).
How is China Satellite Communications forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 601698's forecast earnings growth (2.9% per year) is below the savings rate (3.3%).
Earnings vs Market: 601698's earnings (2.9% per year) are forecast to grow slower than the CN market (22.8% per year).
High Growth Earnings: 601698's earnings are forecast to grow, but not significantly.
Revenue vs Market: 601698's revenue (6.8% per year) is forecast to grow slower than the CN market (18.1% per year).
High Growth Revenue: 601698's revenue (6.8% 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 (4.4%).
How has China Satellite Communications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 601698 has high quality earnings.
Growing Profit Margin: 601698's current net profit margins (20.6%) are higher than last year (16%).
Past Earnings Growth Analysis
Earnings Trend: 601698's earnings have grown by 5.7% per year over the past 5 years.
Accelerating Growth: 601698's earnings growth over the past year (28.8%) exceeds its 5-year average (5.7% per year).
Earnings vs Industry: 601698 earnings growth over the past year (28.8%) exceeded the Media industry 21%.
Return on Equity
High ROE: 601698's Return on Equity (4.6%) is considered low.
How is China Satellite Communications's financial position?
Financial Position Analysis
Short Term Liabilities: 601698's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 601698's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 601698 is debt free.
Reducing Debt: 601698 has no debt compared to 5 years ago when its debt to equity ratio was 4.8%.
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.
What is China Satellite Communications's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 601698's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.4%).
High Dividend: 601698's dividend (0.23%) is low compared to the top 25% of dividend payers in the CN market (1.75%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 601698's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 601698's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.1%), 601698's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 601698 is not forecast to pay a dividend in 3 years.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Jing Sun serves as President and Executive Director at China Satellite Communications Co., Ltd.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China Satellite Communications Co., Ltd.'s employee growth, exchange listings and data sources
- Name: China Satellite Communications Co., Ltd.
- Ticker: 601698
- Exchange: SHSE
- Founded: NaN
- Industry: Cable and Satellite
- Sector: Media
- Market Cap: CN¥61.280b
- Shares outstanding: 4.00b
- Website: https://www.chinasatcom.com
Number of Employees
- China Satellite Communications Co., Ltd.
- Building A
- China Satellite Communications Tower
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 15:28|
|End of Day Share Price||2021/09/16 00:00|
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.