China United Network Communications
Market Cap
CN¥134.6b
Last Updated
2021/01/24 09:18 UTC
Data Sources
Company Financials +
Executive Summary
China United Network Communications Limited, together with its subsidiaries, provides various telecommunication services in China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet, good value and pays a dividend.
Similar Companies
Share Price & News
How has China United Network Communications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600050 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 600050's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-6.3%
600050
-0.2%
CN Wireless Telecom
3.1%
CN Market
1 Year Return
-23.2%
600050
3.1%
CN Wireless Telecom
32.8%
CN Market
Return vs Industry: 600050 underperformed the CN Wireless Telecom industry which returned 3.1% over the past year.
Return vs Market: 600050 underperformed the CN Market which returned 32.8% over the past year.
Shareholder returns
| 600050 | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.3% | -0.2% | 3.1% |
| 30 Day | -3.3% | 5.4% | 8.4% |
| 90 Day | -11.8% | 11.9% | 12.0% |
| 1 Year | -22.2%-23.2% | 7.5%3.1% | 35.0%32.8% |
| 3 Year | -38.6%-40.1% | 11.7%0.03% | 24.2%18.0% |
| 5 Year | 11.5%7.2% | 35.9%12.5% | 53.1%42.5% |
Long-Term Price Volatility Vs. Market
How volatile is China United Network 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 United Network Communications undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 600050 (CN¥4.34) is trading below our estimate of fair value (CN¥33.34)
Significantly Below Fair Value: 600050 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 600050 is poor value based on its PE Ratio (24.6x) compared to the XA Wireless Telecom industry average (18x).
PE vs Market: 600050 is good value based on its PE Ratio (24.6x) compared to the CN market (35.1x).
Price to Earnings Growth Ratio
PEG Ratio: 600050 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: 600050 is good value based on its PB Ratio (0.9x) compared to the XA Wireless Telecom industry average (2x).
Next Steps
Future Growth
How is China United Network Communications forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
20.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600050's forecast earnings growth (20.7% per year) is above the savings rate (3.3%).
Earnings vs Market: 600050's earnings (20.7% per year) are forecast to grow slower than the CN market (24.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 600050's revenue (6% per year) is forecast to grow slower than the CN market (18.4% per year).
High Growth Revenue: 600050's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600050's Return on Equity is forecast to be low in 3 years time (5.3%).
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Past Performance
How has China United Network Communications performed over the past 5 years?
40.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600050 has high quality earnings.
Growing Profit Margin: 600050's current net profit margins (1.8%) are higher than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: 600050 has become profitable over the past 5 years, growing earnings by 40.9% per year.
Accelerating Growth: 600050's earnings growth over the past year (10%) is below its 5-year average (40.9% per year).
Earnings vs Industry: 600050 earnings growth over the past year (10%) exceeded the Wireless Telecom industry -2.3%.
Return on Equity
High ROE: 600050's Return on Equity (3.7%) is considered low.
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Financial Health
How is China United Network Communications's financial position?
Financial Position Analysis
Short Term Liabilities: 600050's short term assets (CN¥111.4B) do not cover its short term liabilities (CN¥212.7B).
Long Term Liabilities: 600050's short term assets (CN¥111.4B) exceed its long term liabilities (CN¥30.0B).
Debt to Equity History and Analysis
Debt Level: 600050's debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: 600050's debt to equity ratio has reduced from 63.2% to 5.6% over the past 5 years.
Debt Coverage: 600050's debt is well covered by operating cash flow (517.1%).
Interest Coverage: 600050 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is China United Network Communications's current dividend yield, its reliability and sustainability?
1.39%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600050's dividend (1.39%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 600050's dividend (1.39%) is low compared to the top 25% of dividend payers in the CN market (1.81%).
Stability and Growth of Payments
Stable Dividend: 600050's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600050's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.3%), 600050's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600050's dividends in 3 years are forecast to be well covered by earnings (32.5% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Xiaochu Wang (62 yo)
no data
Tenure
CN¥713,300
Compensation
Mr. Wang Xiaochu has been the General Manager of China Telecom (Hong Kong) since November 4, 2004. Mr. Wang has been Chief Executive Officer and Chairman of China Unicom (Hong Kong) Limited since September...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | CN¥713.30k | no data | |
| CFO & Secretary | 2.42yrs | CN¥542.60k | no data | |
| Head of Accounting & Finance Manager | no data | CN¥838.50k | 0.00052% CN¥ 700.0k | |
| Senior VP & General Counsel | 2yrs | CN¥373.80k | no data | |
| Senior Vice President | 2.92yrs | CN¥638.90k | no data | |
| Senior Vice President | 2.92yrs | CN¥672.30k | no data | |
| President | no data | no data | no data | |
| Senior Vice President | 0.58yr | no data | no data |
2.4yrs
Average Tenure
50yo
Average Age
Experienced Management: 600050's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | CN¥713.30k | no data | |
| President | no data | no data | no data | |
| Director | 9.67yrs | CN¥1.28m | no data | |
| Independent Director | 4.67yrs | CN¥120.00k | no data | |
| Director | 2.92yrs | no data | no data | |
| Independent Director | 2.92yrs | no data | no data | |
| Independent Director | 2.92yrs | CN¥60.00k | no data | |
| Independent Director | 2.92yrs | no data | no data | |
| Chairman of Supervisory Board | no data | no data | no data | |
| Director | 2.92yrs | no data | no data | |
| Director | 2.92yrs | no data | no data | |
| Director | 1.08yrs | no data | no data |
2.9yrs
Average Tenure
54.5yo
Average Age
Experienced Board: 600050's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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 United Network Communications Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China United Network Communications Limited
- Ticker: 600050
- Exchange: SHSE
- Founded: 2001
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: CN¥134.608b
- Shares outstanding: 31.02b
- Website: https://www.chinaunicom-a.com
Number of Employees
Location
- China United Network Communications Limited
- 21 Financial Street
- Xicheng District
- Beijing
- 100033
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 600050 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Oct 2002 |
| 600050 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Oct 2002 |
Biography
China United Network Communications Limited, together with its subsidiaries, provides various telecommunication services in China. It offers mobile broadband, fixed-line broadband, GSM, and fixed-line loca...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/24 09:18 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.