China Communications Construction
Market Cap
HK$116.5b
Last Updated
2021/03/02 10:11 UTC
Data Sources
Company Financials +
Executive Summary
China Communications Construction Company Limited, together with its subsidiaries, engages in the infrastructure construction, design, and dredging businesses. More Details
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer and good value.
Similar Companies
Share Price & News
How has China Communications Construction's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1800 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 1800's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-2.0%
1800
-1.6%
HK Construction
-2.6%
HK Market
1 Year Return
-37.8%
1800
-6.0%
HK Construction
21.6%
HK Market
Return vs Industry: 1800 underperformed the Hong Kong Construction industry which returned -6% over the past year.
Return vs Market: 1800 underperformed the Hong Kong Market which returned 21.6% over the past year.
Shareholder returns
| 1800 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | -1.6% | -2.6% |
| 30 Day | 7.8% | 12.9% | 5.0% |
| 90 Day | -4.7% | 13.8% | 11.7% |
| 1 Year | -34.4%-37.8% | -1.6%-6.0% | 26.3%21.6% |
| 3 Year | -48.8%-55.1% | -22.7%-31.5% | 7.4%-3.9% |
| 5 Year | -42.3%-51.7% | -10.6%-25.9% | 59.2%31.9% |
Long-Term Price Volatility Vs. Market
How volatile is China Communications Construction's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
China Communications Construction (HKG:1800) Share Prices Have Dropped 57% In The Last Three Years1 month ago | Simply Wall St
Here's What To Make Of China Communications Construction's (HKG:1800) Returns On Capital1 month ago | Simply Wall St
Should You Use China Communications Construction's (HKG:1800) Statutory Earnings To Analyse It?Valuation
Is China Communications Construction undervalued compared to its fair value and its price relative to the market?
3.39x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1800 (HK$3.87) is trading above our estimate of fair value (HK$3.32)
Significantly Below Fair Value: 1800 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1800 is good value based on its PE Ratio (3.4x) compared to the HK Construction industry average (8.7x).
PE vs Market: 1800 is good value based on its PE Ratio (3.4x) compared to the Hong Kong market (12.3x).
Price to Earnings Growth Ratio
PEG Ratio: 1800 is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: 1800 is good value based on its PB Ratio (0.2x) compared to the HK Construction industry average (1x).
Next Steps
Future Growth
How is China Communications Construction forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
14.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1800's forecast earnings growth (14.3% per year) is above the savings rate (1.5%).
Earnings vs Market: 1800's earnings (14.3% per year) are forecast to grow slower than the Hong Kong market (21.2% per year).
High Growth Earnings: 1800's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1800's revenue (7.2% per year) is forecast to grow slower than the Hong Kong market (13.5% per year).
High Growth Revenue: 1800's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1800's Return on Equity is forecast to be low in 3 years time (7.6%).
Next Steps
Past Performance
How has China Communications Construction performed over the past 5 years?
3.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1800 has high quality earnings.
Growing Profit Margin: 1800's current net profit margins (2.4%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: 1800's earnings have grown by 3% per year over the past 5 years.
Accelerating Growth: 1800's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1800 had negative earnings growth (-25.5%) over the past year, making it difficult to compare to the Construction industry average (-10.8%).
Return on Equity
High ROE: 1800's Return on Equity (6.1%) is considered low.
Next Steps
Financial Health
How is China Communications Construction's financial position?
Financial Position Analysis
Short Term Liabilities: 1800's short term assets (CN¥584.3B) do not cover its short term liabilities (CN¥588.0B).
Long Term Liabilities: 1800's short term assets (CN¥584.3B) exceed its long term liabilities (CN¥375.3B).
Debt to Equity History and Analysis
Debt Level: 1800's debt to equity ratio (128.2%) is considered high.
Reducing Debt: 1800's debt to equity ratio has reduced from 158.8% to 128.2% over the past 5 years.
Debt Coverage: 1800's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: 1800's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
Next Steps
Dividend
What is China Communications Construction current dividend yield, its reliability and sustainability?
7.22%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1800's dividend (7.22%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2%).
High Dividend: 1800's dividend (7.22%) is in the top 25% of dividend payers in the Hong Kong market (6.25%)
Stability and Growth of Payments
Stable Dividend: 1800's dividends per share have been stable in the past 10 years.
Growing Dividend: 1800's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.5%), 1800's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1800's dividends in 3 years are forecast to be well covered by earnings (19.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Tongzhou Wang (54 yo)
0.17
Tenure
Mr. Tongzhou Wang served as the Chairman of the Board at China Nonferrous Mining Corporation Limited. Since August 30, 2018 until September 4, 2020. He has been a Executive Chairman of China Communications...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Financial Officer | 1.42yrs | CN¥956.00k | no data | |
| Vice President | 4.25yrs | CN¥1.42m | no data | |
| Vice President | 4.25yrs | CN¥1.07m | no data | |
| Vice President | 1.42yrs | CN¥1.80m | no data | |
| Vice President | 1.42yrs | CN¥1.59m | no data | |
| Vice President | 1.42yrs | CN¥1.85m | no data | |
| Vice President | 1.42yrs | CN¥2.14m | no data | |
| Company Secretary | 3.25yrs | CN¥1.05m | no data | |
| President & Executive Chairman | 0.17yr | no data | no data |
1.4yrs
Average Tenure
54yo
Average Age
Experienced Management: 1800's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & Executive Chairman | 0.17yr | no data | no data | |
| Independent Non-Executive Director | 6.92yrs | CN¥60.00k | no data | |
| Shareholder Representative Supervisor | 14.5yrs | CN¥759.00k | no data | |
| Independent Non-Executive Director | 0.17yr | no data | no data | |
| Non-Executive Director | 6.92yrs | CN¥45.00k | no data | |
| Employee Representative Supervisor | 6.92yrs | CN¥760.00k | no data | |
| Independent Non-Executive Director | 3.33yrs | CN¥60.00k | no data | |
| Chairman of the Supervisory Board | 3.33yrs | no data | no data | |
| Deputy Director of the Board of Directors | no data | no data | no data |
5.1yrs
Average Tenure
57yo
Average Age
Experienced Board: 1800's board of directors are considered experienced (5.1 years average tenure).
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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
China Communications Construction Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Communications Construction Company Limited
- Ticker: 1800
- Exchange: SEHK
- Founded: 2006
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$116.497b
- Shares outstanding: 16.17b
- Website: https://www.ccccltd.cn
Number of Employees
Location
- China Communications Construction Company Limited
- No.85 De Sheng Men Wai Street
- Xicheng District
- Beijing
- 100088
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1800 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2006 |
| CYY | DB (Deutsche Boerse AG) | Yes | Foreign Shares-Foreign Listed | DE | EUR | Dec 2006 |
| 1800 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2006 |
| 1800 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2006 |
| CCCG.Y | OTCUS (Other "Grey Market" OTC) | UNSPONSORED ADR | US | USD | Jan 2009 | |
| 601800 | SHSE (Shanghai Stock Exchange) | Domestic Shares | CN | CNY | Mar 2012 | |
| 601800 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Domestic Shares | CN | CNY | Mar 2012 |
Biography
China Communications Construction Company Limited, together with its subsidiaries, engages in the infrastructure construction, design, and dredging businesses. The company is involved in the construction o...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/02 10:11 |
| End of Day Share Price | 2021/03/02 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.