SEHK:1800

Stock Analysis Report

China Communications Construction

Executive Summary

China Communications Construction Company Limited, together with its subsidiaries, engages in the infrastructure construction, infrastructure design, dredging, and other businesses.

Snowflake

Fundamentals

Established 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


Market Performance


7 Day Return

-3.1%

1800

1.0%

HK Construction

-0.6%

HK Market


1 Year Return

-21.0%

1800

-19.5%

HK Construction

-6.7%

HK Market

1800 underperformed the Construction industry which returned -19.5% over the past year.

1800 underperformed the Market in Hong Kong which returned -6.7% over the past year.


Share holder returns

1800IndustryMarket
7 Day-3.1%1.0%-0.6%
30 Day3.4%3.4%3.0%
90 Day-15.3%-13.0%-4.9%
1 Year-17.9%-21.0%-16.1%-19.5%-3.3%-6.7%
3 Year-17.3%-25.1%-22.0%-30.0%15.5%3.7%
5 Year26.0%9.0%2.4%-13.1%16.8%-2.7%

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

How Do China Communications Construction Company Limited’s (HKG:1800) Returns On Capital Compare To Peers?

Valuation

Is China Communications Construction undervalued based on future cash flows and its price relative to the stock market?

4.87x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

China Communications Construction's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

China Communications Construction's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

China Communications Construction is good value based on earnings compared to the HK Construction industry average.

China Communications Construction is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

China Communications Construction is good value based on expected growth next year.


Price Based on Value of Assets

China Communications Construction is good value based on assets compared to the HK Construction industry average.


Next Steps

Future Growth

How is China Communications Construction expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

10.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

China Communications Construction's revenue is expected to grow by 8.9% yearly, however this is not considered high growth (20% yearly).

China Communications Construction's earnings are expected to grow by 10.7% yearly, however this is not considered high growth (20% yearly).

China Communications Construction's revenue growth is positive but not above the Hong Kong market average.

China Communications Construction's earnings growth is positive but not above the Hong Kong market average.

China Communications Construction's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

China Communications Construction is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

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

8.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

China Communications Construction's year on year earnings growth rate has been positive over the past 5 years.

China Communications Construction's 1-year earnings growth is negative, it can't be compared to the 5-year average.

China Communications Construction's 1-year earnings growth is negative, it can't be compared to the HK Construction industry average.


Return on Equity

China Communications Construction has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

China Communications Construction used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.


Return on Capital Employed

China Communications Construction's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is China Communications Construction's financial position?


Financial Position Analysis

China Communications Construction is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

China Communications Construction's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

China Communications Construction's level of debt (138.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (209.9% vs 138.1% today).

Debt is not well covered by operating cash flow (0.7%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 16.2x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.4x debt.


Next Steps

Dividend

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

4.70%

Expected Dividend Yield


Dividend Yield and Payments Analysis

China Communications Construction's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.2%).

China Communications Construction's dividend is below the markets top 25% of dividend payers in Hong Kong (6.15%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (5.4x coverage).


Next Steps

Management

What is the CEO of China Communications Construction's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

China Communications Construction has no CEO, or we have no data on them.


Management Age and Tenure

2.8yrs

Average Tenure

54.5yo

Average Age

The tenure for the China Communications Construction management team is about average.


Board Age and Tenure

3.6yrs

Average Tenure

59.5yo

Average Age

The tenure for the China Communications Construction board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellCN¥24,066,87304 Jun 19
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares3,460,220
Max PriceCN¥6.96
BuyCN¥218,724,97617 May 19
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares30,578,943
Max PriceCN¥7.15
SellCN¥73,626,82605 Apr 19
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares9,232,896
Max PriceCN¥7.97
BuyCN¥83,575,06422 Feb 19
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares9,829,122
Max PriceCN¥8.50
BuyCN¥30,593,61008 Feb 19
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares3,845,931
Max PriceCN¥7.95
BuyCN¥10,819,65205 Dec 18
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares1,419,418
Max PriceCN¥7.62
SellCN¥348,45930 Nov 18
Highbridge Capital Management, LLC
EntityCompany
Shares46,000
Max PriceCN¥7.58
SellCN¥9,889,50930 Nov 18
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares1,305,511
Max PriceCN¥7.58
BuyCN¥17,993,31029 Nov 18
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares2,345,596
Max PriceCN¥7.67
SellCN¥90,414,28605 Nov 18
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares12,163,252
Max PriceCN¥7.43
BuyCN¥11,386,29531 Oct 18
JPMorgan Chase & Co, Private Banking and Investment Banking Investments
EntityCompany
Shares1,579,303
Max PriceCN¥7.21
SellCN¥5,187,53630 Oct 18
JPMorgan Chase & Co, Brokerage and Securities Investments
EntityCompany
Shares715,315
Max PriceCN¥7.25
BuyCN¥41,445,04226 Oct 18
JPMorgan Chase & Co, Brokerage and Securities Investments
EntityCompany
Shares5,591,464
Max PriceCN¥7.41
BuyCN¥13,410,14511 Oct 18
BlackRock, Inc.
EntityCompany
Shares1,688,000
Max PriceCN¥7.94
SellCN¥70,464,97126 Sep 18
JPMorgan Chase & Co, Brokerage and Securities Investments
EntityCompany
Shares8,859,508
Max PriceCN¥7.95

Ownership Breakdown


Management Team

  • Ziyu Sun (57yo)

    VP & Chief Engineer

    • Tenure: 5.4yrs
    • Compensation: CN¥907.00k
  • Qitao Liu (62yo)

    Executive Chairman

    • Tenure: 6.4yrs
    • Compensation: CN¥1.02m
  • Gang Wen (53yo)

    Vice President

    • Tenure: 2.8yrs
    • Compensation: CN¥611.00k
  • Hailiang Song (54yo)

    President & Executive Director

    • Tenure: 0.8yrs
    • Compensation: CN¥956.00k
  • Bihong Peng (56yo)

    Chief Financial Officer

    • Tenure: 1yrs
    • Compensation: CN¥184.00k
  • Haihuai Wang (51yo)

    Vice President

    • Tenure: 5.4yrs
    • Compensation: CN¥910.00k
  • Jian Wang (55yo)

    VP & Chief Safety Officer

    • Tenure: 2.8yrs
    • Compensation: CN¥994.00k
  • Changjiang Zhou (54yo)

    Company Secretary

    • Tenure: 1.8yrs
    • Compensation: CN¥742.00k

Board Members

  • Long Huang (66yo)

    Independent Non-Executive Director

    • Tenure: 5.4yrs
    • Compensation: CN¥60.00k
  • Maurice Ngai (57yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: CN¥128.00k
  • Yongbin Wang (54yo)

    Shareholder Representative Supervisor

    • Tenure: 13yrs
    • Compensation: CN¥759.00k
  • Qitao Liu (62yo)

    Executive Chairman

    • Tenure: 6.4yrs
    • Compensation: CN¥1.02m
  • Hailiang Song (54yo)

    President & Executive Director

    • Tenure: 0.8yrs
    • Compensation: CN¥956.00k
  • Maoxun Llu (64yo)

    Non-Executive Director

    • Tenure: 5.4yrs
  • Yanmin Yao (56yo)

    Employee Representative Supervisor

    • Tenure: 5.4yrs
    • Compensation: CN¥760.00k
  • Xiaofei Ql (62yo)

    Non-Executive Director

    • Tenure: 1.8yrs
  • Changhong Zheng (64yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: CN¥60.00k
  • Sen Li (55yo)

    Chairman of the Supervisory Committee

    • Tenure: 1.8yrs

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$165.292b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1800SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDDec 2006
CYYDB (Deutsche Boerse AG)YesForeign Shares-Foreign ListedDEEURDec 2006
CCCG.FOTCPK (Pink Sheets LLC)YesForeign Shares-Foreign ListedUSUSDDec 2006
1800SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDDec 2006
1800SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesForeign Shares-Foreign ListedHKHKDDec 2006
CCCG.YOTCPK (Pink Sheets LLC)ADRUSUSDJan 2009
601800SHSE (Shanghai Stock Exchange)Domestic SharesCNCNYMar 2012
601800XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)Domestic SharesCNCNYMar 2012

Biography

China Communications Construction Company Limited, together with its subsidiaries, engages in the infrastructure construction, infrastructure design, dredging, and other businesses. The company is involved ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 12:41
End of Day Share Price2019/09/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.