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China Satellite CommunicationsSHSE:601698 Stock Report

Market Cap

CN¥61.3b

7D

-14.3%

1Y

-23.2%

Updated

16 Sep, 2021

Data

Company Financials +
601698 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends1/6

601698 Overview

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

Rewards

Earnings grew by 28.8% over the past year

Risk Analysis

No risks detected for 601698 from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for China Satellite Communications
Historical stock prices
Current Share PriceCN¥15.32
52 Week HighCN¥13.13
52 Week LowCN¥21.20
Beta0.12
1 Month Change12.15%
3 Month Change-6.47%
1 Year Change-23.21%
3 Year Changen/a
5 Year Changen/a
Change since IPO290.82%

Recent News & Updates

Shareholder Returns

601698CN MediaCN Market
7D-14.3%-3.7%-2.4%
1Y-23.2%-19.5%10.5%

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.

Price Volatility

Is 601698's price volatile compared to industry and market?
601698 volatility
601698 Beta0.12
Industry Beta0.66
Market Beta1

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

FoundedEmployeesCEOWebsite
n/a556Jing Sunhttps://www.chinasatcom.com

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

How do China Satellite Communications's earnings and revenue compare to its market cap?
601698 fundamental statistics
Market CapCN¥61.28b
Earnings (TTM)CN¥552.80m
Revenue (TTM)CN¥2.69b

110.9x

P/E Ratio

22.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
601698 income statement (TTM)
RevenueCN¥2.69b
Cost of RevenueCN¥1.66b
Gross ProfitCN¥1.03b
ExpensesCN¥474.23m
EarningsCN¥552.80m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin38.23%
Net Profit Margin20.58%
Debt/Equity Ratio0%

How did 601698 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

26%

Payout Ratio

Valuation

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

110.86x

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).


Future Growth

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

2.9%

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%).


Past Performance

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

5.7%

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.


Financial Health

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.


Balance Sheet


Dividend

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

0.23%

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.


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 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¥61.280b
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 15:28
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.