Announcement • Jun 30
China Communications Construction Company Limited to Report First Half, 2026 Results on Aug 29, 2026 China Communications Construction Company Limited announced that they will report first half, 2026 results on Aug 29, 2026 Announcement • May 28
China Communications Construction Company Limited, Annual General Meeting, Jun 18, 2026 China Communications Construction Company Limited, Annual General Meeting, Jun 18, 2026, at 09:00 China Standard Time. Location: No. 85, Deshengmenwai Avenue, Xicheng District, Beijing China Announcement • Mar 30
China Communications Construction Company Limited to Report Q1, 2026 Results on Apr 30, 2026 China Communications Construction Company Limited announced that they will report Q1, 2026 results on Apr 30, 2026 Announcement • Jan 30
China Communications Construction Company Limited Announces Board and Committee Changes China Communications Construction Company Limited approved the proposed election of Mr. Gao Chunlei as a non-executive Director; and approved the proposed election of Ms. Wu Aihong as a non-executive Director. Company approved the proposed election of Mr. Wang Qingqin as an independent non- executive Director. Approve the proposed election of Mr. Liu Ruchen as an independent non- executive Director. The terms of office of the Directors of the sixth session of the Board will be three years commencing from the date of the re-election or election at the EGM. Mr. Liu Hui, Mr. Wu Guangqi and Mr. Zhou Xiaowen retired from their position as independent non-executive Directors on 30 January 2026. Each of them has confirmed that he does not have any disagreement with the Board and there are no matters in relation to their retirement that need to be brought to the attention of the Shareholders. On 30 January 2026, Mr. Yang Xiangyang ("Mr. Yang") was elected as the employee Director at the employee representative meeting of the Company, with a term commencing from 30 January 2026 to the date of the conclusion of the sixth session of the Board. Mr. Yang, together with Mr. Song Hailiang, Mr. Zhang Bingnan, Mr. Liu Xiang, Mr. Gao Chunlei, Ms. Wu Aihong, Mr. Chan Wing Tak Kevin, Mr. Wang Qingqin and Mr. Liu Ruchen forms the sixth session of the Board. The Board announced that at the Board meeting held on 30 January 2026, Mr. Song Hailiang was re-elected as Chairman of the Board. At the same meeting, the Board appointed members to its respective committees. The Strategy and Investment and ESG Committee comprises Song Hailiang (Chairman), Zhang Bingnan, Gao Chunlei, Wang Qingqin, and Liu Ruchen. The Audit and Risk Committee comprises Chan Wing Tak Kevin (Chairman), Gao Chunlei, Wang Qingqin, Liu Ruchen, and Wu Aihong. The Remuneration and Appraisal Committee comprises Wang Qingqin (Chairman), Gao Chunlei, Chan Wing Tak Kevin, Liu Ruchen, and Wu Aihong. The Nomination Committee comprises Song Hailiang (Chairman), Chan Wing Tak Kevin, Wang Qingqin, Liu Ruchen, and Wu Aihong. Announcement • Dec 26
China Communications Construction Company Limited to Report Fiscal Year 2025 Results on Mar 31, 2026 China Communications Construction Company Limited announced that they will report fiscal year 2025 results on Mar 31, 2026 Announcement • Sep 30
China Communications Construction Company Limited to Report Q3, 2025 Results on Oct 31, 2025 China Communications Construction Company Limited announced that they will report Q3, 2025 results on Oct 31, 2025 Announcement • Jul 23
China Communications Construction Company Limited Announces Board and Committee Changes China Communications Construction Company Limited at its extraordinary general meeting held on 23 July 2025, approved the proposed appointment of Mr. Song Hailiang as an executive Director, with a term of office from the date of approval by the Shareholders at the EGM to the date of the re- election of the Board. Mr. Wang Tongzhou will cease to be an executive Director. Approved the proposed appointment of Mr. Zhang Bingnan as an executive Director, with a term of office from the date of approval by the Shareholders at the EGM to the date of the re- election of the Board. Mr. Wang Haihuai will cease to be an executive Director. The Board announced that at the Board meeting held on 23 July 2025, Mr. Song has been elected as the chairman of the Board, and appointed as the chairman of the Strategy and Investment and ESG Committee and the Nomination Committee of the Board; and Mr. Zhang has been appointed as a member of the Strategy and Investment and ESG Committee of the Board, both with terms of offices commencing from the date of appointment at the Board meeting to the date of re-election of the Board. Announcement • Jun 30
China Communications Construction Company Limited to Report First Half, 2025 Results on Aug 30, 2025 China Communications Construction Company Limited announced that they will report first half, 2025 results on Aug 30, 2025 Announcement • Jun 02
China Communications Construction Company Limited (SEHK:1800) announces an Equity Buyback for CNY 1,000 million worth of its shares. China Communications Construction Company Limited (SEHK:1800) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,000 million worth of its A shares. The shares will be repurchased at a price of CNY 13.58 per share. The purpose of the program is to reduce the registered capital. The program is subject to approval by the company’s shareholders’ meeting. The program will be valid for a period of 12 months after the review and approval by the company’s shareholders’ meeting. Announcement • May 16
China Communications Construction Company Limited, Annual General Meeting, Jun 16, 2025 China Communications Construction Company Limited, Annual General Meeting, Jun 16, 2025, at 14:00 China Standard Time. Location: cccc building, 85 de sheng men wai street, xicheng district, beijing China Announcement • Mar 28
China Communications Construction Company Limited to Report Q1, 2025 Results on Apr 29, 2025 China Communications Construction Company Limited announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Mar 27
China Communications Construction Company Limited Proposes Ordinary Final Dividend for the Year Ended 31 December 2024, Payable on 15 August 2025 China Communications Construction Company Limited proposed the ordinary final dividend of RMB 0.16161 per share or HKD 0.1751 per share for the year ended 31 December 2024, payable on 15 August 2025. Announcement • Dec 27
China Communications Construction Company Limited to Report Fiscal Year 2024 Results on Mar 29, 2025 China Communications Construction Company Limited announced that they will report fiscal year 2024 results on Mar 29, 2025 Announcement • Dec 13
China Communications Construction Company Limited Approves Interim Dividend for the Six Months Ended 30 June 2024, Payable on 22 January 2025 China Communications Construction Company Limited approved Interim Dividend for the six months ended 30 June 2024 of RMB 0.14005 per share. The dividend will be payable on 22 January 2025 with Record date of 10 December 2024 and Ex-dividend date on 03 December 2024. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: CN¥0.28 (vs CN¥0.29 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.28 (down from CN¥0.29 in 3Q 2023). Revenue: CN¥179.2b (down 1.7% from 3Q 2023). Net income: CN¥5.53b (down 1.1% from 3Q 2023). Profit margin: 3.1% (in line with 3Q 2023). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Buy Or Sell Opportunity • Oct 21
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to €0.63. The fair value is estimated to be €0.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.9%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 31% in the next 2 years. Buy Or Sell Opportunity • Oct 05
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to €0.61. The fair value is estimated to be €0.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.9%. Revenue is forecast to grow by 20% in 2 years. Earnings are forecast to grow by 31% in the next 2 years. Announcement • Sep 30
China Communications Construction Company Limited to Report Q3, 2024 Results on Oct 31, 2024 China Communications Construction Company Limited announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Sep 01
Second quarter 2024 earnings released: EPS: CN¥0.34 (vs CN¥0.34 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.34. Revenue: CN¥179.1b (down 5.3% from 2Q 2023). Net income: CN¥6.19b (up 13% from 2Q 2023). Profit margin: 3.5% (up from 2.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Announcement • Aug 30
China Communications Construction Company Limited Announces Interim Cash Dividend for the Six Months Ended 30 June 2024, Payable on 27 January 2025 China Communications Construction Company Limited announced interim cash Dividend of RMB 0.14005 per share for the six months ended 30 June 2024. Payment date is 27 January 2025. Announcement • Jul 26
China Communications Construction Company Limited Announces Appointment of Liu Zhengchang as Board Secretary The board of directors of China Communications Construction Company Limited announced that at the meeting of the Board held on 26 July 2024, Mr. Liu Zhengchang was appointed as the Board Secretary of the Company with a term of office commencing from the date of the appointment at the meeting of the Board to the date of expiry of the fifth session of the Board. Mr. Liu Zhengchang, born in 1968, Chinese nationality, is currently the chief financial officer of the Company. He also serves as the member of the standing committee of the Party Committee and the chief accountant of China Communications Construction Group (Limited) .Mr. Liu has extensive experience in enterprise financial management, internal audit and economic management, and he once served as the director of the audit department and the head of the finance department of China Railway 19th Bureau Group Co. Ltd., a member of the Party Committee, the deputy general manager and the chief accountant of China Railway 15th Bureau Group Co. Ltd., as well as a member of the Party Committee, the deputy general manager and the chief accountant of China Railway 16th Bureau Group Co. Ltd. He has successively served as the chief of the audit and supervision bureau; a supervisor of the supervisory committee; a supervisor, the chief auditor, chief of the audit and supervision bureau; the chief auditor, a supervisor and general manager of the audit and supervision department of China Railway Construction Corporation Limited since May 2016. He has served as the member of the standing committee of the Party Committee and the chief accountant of CCCG since December 2023, and has served as the chief financial officer of the Company since January 2024. Mr. Liu graduated from Dongbei University of Finance and Economics majoring in business administration, and obtained his master's degree in business administration. He is a senior accountant and was elected as a member of the national training programme for leaders in the accounting profession. Upcoming Dividend • Jun 12
Upcoming dividend of HK$0.32 per share Eligible shareholders must have bought the stock before 19 June 2024. Payment date: 13 August 2024. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 6.3%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.1%). Buy Or Sell Opportunity • Jun 03
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to €0.55. The fair value is estimated to be €0.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.0%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 22% in the next 2 years. Announcement • May 18
China Communications Construction Company Limited, Annual General Meeting, Jun 17, 2024 China Communications Construction Company Limited, Annual General Meeting, Jun 17, 2024, at 09:00 China Standard Time. Location: cccc building, 85 de sheng men wai street, xicheng district, the prc, beijing, China Buy Or Sell Opportunity • May 16
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 33% to €0.56. The fair value is estimated to be €0.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.8%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 21% in the next 2 years. Declared Dividend • May 02
Dividend of HK$0.32 announced Shareholders will receive a dividend of HK$0.32. Ex-date: 19th June 2024 Payment date: 13th August 2024 Dividend yield will be 65%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.36 (vs CN¥0.32 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.36 (up from CN¥0.32 in 1Q 2023). Revenue: CN¥176.9b (flat on 1Q 2023). Net income: CN¥6.14b (up 17% from 1Q 2023). Profit margin: 3.5% (up from 3.0% in 1Q 2023). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Announcement • Mar 29
China Communications Construction Company Limited to Report Q1, 2024 Results on Apr 30, 2024 China Communications Construction Company Limited announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥1.45 (vs CN¥1.09 in FY 2022) Full year 2023 results: EPS: CN¥1.45. Revenue: CN¥755.6k (down 100% from FY 2022). Net income: CN¥24.7k (down 100% from FY 2022). Profit margin: 3.3% (up from 2.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 78% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Construction industry in Europe. Announcement • Jan 26
China Communications Construction Company Limited Appoints Liu Zhengchang as Chief Financial Officer The Board of Directors of the China Communications Construction Company Limited announced that at the meeting of the Board held on 26 January 2024, Mr. Liu Zhengchang (Mr. Liu) was appointed as the chief financial officer of the Company with a term of office commencing from the date of his appointment at the meeting of the Board to the date of the expiration of the fifth session of the Board. Mr. Liu Zhengchang, aged 54, is currently the member of the standing committee of the Party Committee and the chief accountant of China Communications Construction Group (Limited) (CCCG). He concurrently serves as a supervisor of China Railway Construction Corporation Limited (CRCC). Mr. Liu has extensive experience in enterprise economic management, financial management and internal audit, and he once served as the director of the audit department and the head of the finance department of China Railway 19th Bureau Group Co. Ltd., a member of the Party Committee, the deputy general manager and the chief accountant of China Railway 15th Bureau Group Co. Ltd., as well as a member of the Party Committee, the deputy general manager and the chief accountant of China Railway 16th Bureau Group Co. Ltd. He has successively served as the chief of the audit and supervision bureau; a supervisor of the supervisory committee; a supervisor, the chief auditor, chief of the audit and supervision bureau; a supervisor, the chief auditor and general manager of the audit and supervision department of CRCC since May 2016. He has served as the member of the standing committee of the Party Committee and the chief accountant of CCCG since December 2023. Mr. Liu graduated from Dongbei University of Finance and Economics majoring in business administration, and obtained his master's degree in business administration. He is a senior accountant and was elected as a member of the national training programme for leaders in the accounting profession. Announcement • Jan 15
China Communications Construction Company Limited Announces Resignation of Mi Shuhua as Non-Executive Director, Member of the Strategy and Investment Committee, Audit and Internal Control Committee and Remuneration and Appraisal Committee On 15 January 2024, the board of directors of China Communications Construction Company Limited received a resignation letter from Mr. Mi Shuhua (Mr. Mi), who, due to having reached the retirement age, resigned as the non-executive director of the Company and ceased to be a member of the Strategy and Investment Committee, the Audit and Internal Control Committee and the Remuneration and Appraisal Committee with effect from 15 January 2024. Mr. Mi has confirmed that he has no disagreement with the Board and is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. Announcement • Dec 29
China Communications Construction Company Limited to Report Fiscal Year 2023 Results on Mar 29, 2024 China Communications Construction Company Limited announced that they will report fiscal year 2023 results on Mar 29, 2024 Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: CN¥0.28 (vs CN¥0.27 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.28 (up from CN¥0.27 in 3Q 2022). Revenue: CN¥181.9b (up 2.2% from 3Q 2022). Net income: CN¥5.53b (up 28% from 3Q 2022). Profit margin: 3.0% (up from 2.4% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has fallen by 1% per year. Announcement • Sep 30
China Communications Construction Company Limited to Report Q3, 2023 Results on Oct 31, 2023 China Communications Construction Company Limited announced that they will report Q3, 2023 results on Oct 31, 2023 Announcement • Sep 01
China Communications Construction Company Limited Announces Resignation of Zhu Hongbiao as Chief Financial Officer of the Company China Communications Construction Company Limited (the "Company") announces that, due to work reallocation, Mr. Zhu Hongbiao ("Mr. Zhu"), resigned as chief financial officer of the Company with effect from 30 August2023. Mr. Zhu has confirmed that he has no disagreement with the Board and is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.34 (vs CN¥0.36 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.34. Revenue: CN¥189.2b (down 1.4% from 2Q 2022). Net income: CN¥6.17b (up 17% from 2Q 2022). Profit margin: 3.3% (up from 2.7% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Construction industry in Germany. Announcement • Jun 28
China Communications Construction Company Limited to Report First Half, 2023 Results on Aug 29, 2023 China Communications Construction Company Limited announced that they will report first half, 2023 results on Aug 29, 2023 Upcoming Dividend • Jun 13
Upcoming dividend of HK$0.25 per share at 5.0% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 11 August 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.7%). Announcement • May 19
China Communications Construction Company Limited, Annual General Meeting, Jun 16, 2023 China Communications Construction Company Limited, Annual General Meeting, Jun 16, 2023, at 14:00 China Standard Time. Location: CCCC Building, 85 De Sheng Men Wai Street, Xicheng District Beijing China Agenda: To consider and approve the audited consolidated financial statements of the Company for the year ended 31 December 2022; to consider and approve the distribution plan of profit and final dividend of the Company for the year of 2022; to consider and approve the report of the Board for the year of 2022; to consider and approve the report of duty performance of the Independent Directors for the year of 2022; to consider and approve the report of the Supervisory Committee for the year of 2022; to consider and approve the report of the comprehensive budget for 2023; and to transact other business. Announcement • May 18
China Communications Construction Company Limited Proposes Final Dividend China Communications Construction Company Limited proposed a final dividend of RMB 0.21707 (equivalent to approximately HKD0.24735, including tax) per Share (totaling approximately RMB3,509 million which represents approximately 20% of the abovementioned net distributable profit for the Shareholders). Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: CN¥0.32 (vs CN¥0.29 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.32 (up from CN¥0.29 in 1Q 2022). Revenue: CN¥176.6b (up 2.6% from 1Q 2022). Net income: CN¥5.58b (up 9.6% from 1Q 2022). Profit margin: 3.2% (up from 3.0% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Announcement • Jan 13
China Communications Construction Company Limited announced that it expects to receive CNY 30 billion in funding China Communications Construction Company Limited announced a private placement to issue not more than 300,000,000 non-convertible preferred shares at an issue price of CNY 100 for gross proceeds of not more than CNY 30,000,000,000 on January 12, 2023. The transaction will include participation from not more than 200 qualified investors. The transaction has been approved at the 14th meeting of the company's fifth board of directors. The transaction is subject to approval of the State-owned Assets Supervision and Administration Commission of the State Council, the China Securities Regulatory Commission and other regulatory authorities before it can be implemented and shareholders of the company. Board Change • Nov 16
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Chairman of Supervisory Committee Yongbin Wang is the most experienced director on the board, commencing their role in 2006. Independent Non-Executive Director Kevin Chan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 29
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: CN¥178.1b (up 1.4% from 3Q 2021). Net income: CN¥5.46b (down 8.2% from 3Q 2021). Profit margin: 3.1% (down from 3.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jun 15
Upcoming dividend of HK$0.25 per share Eligible shareholders must have bought the stock before 22 June 2022. Payment date: 15 August 2022. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.1%). Reported Earnings • Apr 30
First quarter 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.25 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.29 (up from CN¥0.25 in 1Q 2021). Revenue: CN¥172.1b (up 13% from 1Q 2021). Net income: CN¥5.09b (up 18% from 1Q 2021). Profit margin: 3.0% (up from 2.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.1%, compared to a 5.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Board Change • Apr 27
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. Independent Non-Executive Director Maurice Ngai was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: CN¥1.02 (vs CN¥0.90 in FY 2020) Full year 2021 results: EPS: CN¥1.02 (up from CN¥0.90 in FY 2020). Revenue: CN¥685.6b (up 9.3% from FY 2020). Net income: CN¥18.0b (up 23% from FY 2020). Profit margin: 2.6% (up from 2.3% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.4%, compared to a 5.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS CN¥0.30 (vs CN¥0.30 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥175.6b (up 7.5% from 3Q 2020). Net income: CN¥5.94b (up 20% from 3Q 2020). Profit margin: 3.4% (up from 3.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Executive Departure • Jun 17
Chairman of the Supervisory Board Sen Li has left the company On the 10th of June, Sen Li's tenure as Chairman of the Supervisory Board ended after 3.6 years in the role. We don't have any record of a personal shareholding under Sen's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 1.67 years, which is considered inexperienced in the Simply Wall St Risk Model. Upcoming Dividend • Jun 10
Upcoming dividend of HK$0.21 per share Eligible shareholders must have bought the stock before 17 June 2021. Payment date: 06 August 2021. Trailing yield: 5.5%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (2.7%). Reported Earnings • May 01
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥151.9b (up 59% from 1Q 2020). Net income: CN¥4.33b (up 85% from 1Q 2020). Profit margin: 2.8% (up from 2.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS CN¥1.02 (vs CN¥1.16 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: CN¥624.5b (up 13% from FY 2019). Net income: CN¥16.5b (down 13% from FY 2019). Profit margin: 2.6% (down from 3.4% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Dec 23
New 90-day low: €0.37 The company is down 15% from its price of €0.44 on 24 September 2020. The German market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.40 per share. Is New 90 Day High Low • Dec 04
New 90-day low: €0.42 The company is down 4.0% from its price of €0.43 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.32 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥16.5b, down 9.2% from the prior year. Total revenue was CN¥589.5b over the last 12 months, up 9.6% from the prior year. Is New 90 Day High Low • Oct 13
New 90-day low: €0.42 The company is down 19% from its price of €0.52 on 15 July 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.31 per share. Announcement • Sep 19
China Communications Construction Company Limited Announces Resignation of Song Hailiang as an Executive Director and President The board of directors of China Communications Construction Company Limited has received a resignation letter from Mr. Song Hailiang ("Mr. Song"), who, due to change of work, reported to the Board to resign as an executive director and president of the Company and ceased to be a member of the Strategy and Investment Committee and the Nomination Committee of the Board. Pursuant to relevant regulations, the resignation of Mr. Song shall take effect from 17 September 2020. The Company will convene a Board meeting and a general meeting as soon as practicable to fill up the vacancy in the Board. Mr. Song has confirmed that he has no disagreement with the Board and is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. The Board would like to take this opportunity to express its gratitude to Mr. Song for his
contributions to the Company during his term of service.