Announcement • Jun 30
China Satellite Communications Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026 China Satellite Communications Co., Ltd. announced that they will report first half, 2026 results on Aug 25, 2026 Declared Dividend • Jun 21
Dividend reduced to CN¥0.031 Dividend of CN¥0.031 is 2.8% lower than last year. Ex-date: 25th June 2026 Payment date: 25th June 2026 Dividend yield will be 0.1%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 57%. Announcement • May 15
China Satellite Communications Co., Ltd., Annual General Meeting, Jun 05, 2026 China Satellite Communications Co., Ltd., Annual General Meeting, Jun 05, 2026, at 15:00 China Standard Time. Location: 21F, Tower A, No. 65, Zhichun Road, Haidian District, Beijing China Reported Earnings • May 01
First quarter 2026 earnings released: EPS: CN¥0.006 (vs CN¥0.017 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.006 (down from CN¥0.017 in 1Q 2025). Revenue: CN¥542.4m (flat on 1Q 2025). Net income: CN¥26.8m (down 62% from 1Q 2025). Profit margin: 4.9% (down from 13% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Reported Earnings • Apr 01
Full year 2025 earnings released: EPS: CN¥0.10 (vs CN¥0.11 in FY 2024) Full year 2025 results: EPS: CN¥0.10 (down from CN¥0.11 in FY 2024). Revenue: CN¥2.64b (up 4.1% from FY 2024). Net income: CN¥441.2m (down 2.9% from FY 2024). Profit margin: 17% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Mar 30
China Satellite Communications Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 China Satellite Communications Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Dec 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.8% net profit margin). Announcement • Dec 26
China Satellite Communications Co., Ltd. to Report Fiscal Year 2025 Results on Apr 01, 2026 China Satellite Communications Co., Ltd. announced that they will report fiscal year 2025 results on Apr 01, 2026 Board Change • Dec 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Director Liu Yong was the last director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Third quarter 2025 earnings released: EPS: CN¥0.025 (vs CN¥0.018 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.025 (up from CN¥0.018 in 3Q 2024). Revenue: CN¥631.6m (up 3.5% from 3Q 2024). Net income: CN¥105.2m (up 41% from 3Q 2024). Profit margin: 17% (up from 12% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Announcement • Sep 30
China Satellite Communications Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 China Satellite Communications Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jun 30
China Satellite Communications Co., Ltd. to Report First Half, 2025 Results on Aug 30, 2025 China Satellite Communications Co., Ltd. announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Jun 24
China Satellite Communications Co., Ltd.(SHSE:601698) dropped from Shanghai Stock Exchange 180 Value Index China Satellite Communications Co., Ltd. has been removed from Shanghai Stock Exchange 180 Value Index. Declared Dividend • Jun 22
Dividend increased to CN¥0.032 Dividend of CN¥0.032 is 30% higher than last year. Ex-date: 27th June 2025 Payment date: 27th June 2025 Dividend yield will be 0.2%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 56%. Announcement • May 16
China Satellite Communications Co., Ltd., Annual General Meeting, Jun 09, 2025 China Satellite Communications Co., Ltd., Annual General Meeting, Jun 09, 2025, at 14:30 China Standard Time. Location: Tower A, No. 65, Zhichun Road, Haidian District, Beijing China Reported Earnings • May 03
First quarter 2025 earnings released: EPS: CN¥0.017 (vs CN¥0.026 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.017 (down from CN¥0.026 in 1Q 2024). Revenue: CN¥538.6m (down 1.1% from 1Q 2024). Net income: CN¥70.4m (down 35% from 1Q 2024). Profit margin: 13% (down from 20% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Reported Earnings • Apr 02
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.11 (up from CN¥0.083 in FY 2023). Revenue: CN¥2.54b (down 2.9% from FY 2023). Net income: CN¥454.5m (up 30% from FY 2023). Profit margin: 18% (up from 13% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 28%. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Media industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Mar 28
China Satellite Communications Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 China Satellite Communications Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 New Risk • Jan 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (17% net profit margin). Announcement • Dec 27
China Satellite Communications Co., Ltd. to Report Fiscal Year 2024 Results on Apr 02, 2025 China Satellite Communications Co., Ltd. announced that they will report fiscal year 2024 results on Apr 02, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: CN¥0.018 (vs CN¥0.033 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.018 (down from CN¥0.033 in 3Q 2023). Revenue: CN¥610.2m (down 4.2% from 3Q 2023). Net income: CN¥74.4m (down 47% from 3Q 2023). Profit margin: 12% (down from 22% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Sep 30
China Satellite Communications Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 China Satellite Communications Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 31
Second quarter 2024 earnings released: EPS: CN¥0.071 (vs CN¥0.03 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.071 (up from CN¥0.03 in 2Q 2023). Revenue: CN¥603.5m (down 3.9% from 2Q 2023). Net income: CN¥298.2m (up 139% from 2Q 2023). Profit margin: 49% (up from 20% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year. Announcement • Jun 28
China Satellite Communications Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024 China Satellite Communications Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024 Announcement • May 08
China Satellite Communications Co., Ltd., Annual General Meeting, May 27, 2024 China Satellite Communications Co., Ltd., Annual General Meeting, May 27, 2024, at 14:00 China Standard Time. Location: 21F, Tower A, No. 65, Zhichun Road, Haidian District, Beijing China Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: CN¥0.083 (vs CN¥0.23 in FY 2022) Full year 2023 results: EPS: CN¥0.083 (down from CN¥0.23 in FY 2022). Revenue: CN¥2.62b (down 4.3% from FY 2022). Net income: CN¥348.8m (down 62% from FY 2022). Profit margin: 13% (down from 34% in FY 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Mar 29
China Satellite Communications Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 China Satellite Communications Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥13.05, the stock trades at a trailing P/E ratio of 68.9x. Average trailing P/E is 33x in the Media industry in China. Total loss to shareholders of 16% over the past three years. Announcement • Dec 29
China Satellite Communications Co., Ltd. to Report Fiscal Year 2023 Results on Apr 02, 2024 China Satellite Communications Co., Ltd. announced that they will report fiscal year 2023 results on Apr 02, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.033 (vs CN¥0.061 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.033 (down from CN¥0.061 in 3Q 2022). Revenue: CN¥637.1m (down 4.2% from 3Q 2022). Net income: CN¥139.8m (down 42% from 3Q 2022). Profit margin: 22% (down from 37% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Sep 30
China Satellite Communications Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023 China Satellite Communications Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023 Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.03 (vs CN¥0.04 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.03 (down from CN¥0.04 in 2Q 2022). Revenue: CN¥628.1m (down 5.1% from 2Q 2022). Net income: CN¥124.8m (down 21% from 2Q 2022). Profit margin: 20% (down from 24% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 29
Full year 2022 earnings released: EPS: CN¥0.23 (vs CN¥0.14 in FY 2021) Full year 2022 results: EPS: CN¥0.23 (up from CN¥0.14 in FY 2021). Revenue: CN¥2.73b (up 3.8% from FY 2021). Net income: CN¥920.7m (up 61% from FY 2021). Profit margin: 34% (up from 22% in FY 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 31
Third quarter 2022 earnings released: EPS: CN¥0.061 (vs CN¥0.03 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.061 (up from CN¥0.03 in 3Q 2021). Revenue: CN¥665.1m (up 8.4% from 3Q 2021). Net income: CN¥242.8m (up 105% from 3Q 2021). Profit margin: 37% (up from 19% in 3Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Oct 21
China Satellite Communications Co., Ltd. announced that it has received CNY 2.154099955 billion in funding On October 21, 2022, China Satellite Communications Co., Ltd. closed the transaction. The company amended the terms of the transaction. The company has now issued 224,385,412 ordinary A shares with the par value of CNY 1.00 per share, at an issue price of CNY 9.60 per share for total gross proceeds of CNY 2,154,099,955.20. The company has paid issuance fee of CNY 14,224,963.32 and received net amount of CNY 2,139,874,991.88 in the transaction. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.04 (vs CN¥0.038 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.04 (up from CN¥0.038 in 2Q 2021). Revenue: CN¥662.0m (up 1.3% from 2Q 2021). Net income: CN¥158.3m (up 4.6% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: CN¥0.14 (up from CN¥0.12 in FY 2020). Revenue: CN¥2.63b (down 2.8% from FY 2020). Net income: CN¥572.3m (up 17% from FY 2020). Profit margin: 22% (up from 18% in FY 2020). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 11%. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.038 (vs CN¥0.026 in 2Q 2020) The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: CN¥653.2m (flat on 2Q 2020). Net income: CN¥151.3m (up 45% from 2Q 2020). Profit margin: 23% (up from 16% in 2Q 2020). Reported Earnings • Apr 27
Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.12 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: CN¥2.71b (flat on FY 2019). Net income: CN¥488.8m (up 9.5% from FY 2019). Profit margin: 18% (up from 16% in FY 2019). Is New 90 Day High Low • Mar 09
New 90-day low: CN¥15.31 The company is down 18% from its price of CN¥18.66 on 09 December 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 11% over the same period. Is New 90 Day High Low • Feb 01
New 90-day low: CN¥17.36 The company is down 2.0% from its price of CN¥17.79 on 03 November 2020. The Chinese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 10.0% over the same period. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS CN¥0.036 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: CN¥648.6m (up 4.7% from 3Q 2019). Net income: CN¥144.7m (up 48% from 3Q 2019). Profit margin: 22% (up from 16% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Announcement • Oct 30
China Satellite Communications Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020 China Satellite Communications Co., Ltd. announced that they will report Q3, 2020 results on Oct 31, 2020 Is New 90 Day High Low • Oct 27
New 90-day low: CN¥18.40 The company is down 20% from its price of CN¥22.91 on 29 July 2020. The Chinese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 3.0% over the same period. Announcement • Jul 18
China Satellite Communications Co., Ltd. to Report First Half, 2020 Results on Aug 31, 2020 China Satellite Communications Co., Ltd. announced that they will report first half, 2020 results on Aug 31, 2020 
