China Communications Services
Market Cap
HK$29.0b
Last Updated
2020/11/27 10:07 UTC
Data Sources
Company Financials +
Executive Summary
China Communications Services Corporation Limited provides telecommunications support services worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, good value and pays a dividend.
Similar Companies
Share Price & News
How has China Communications Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 552 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 552's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.7%
552
-1.9%
HK Construction
1.1%
HK Market
1 Year Return
-20.3%
552
-10.9%
HK Construction
8.2%
HK Market
Return vs Industry: 552 underperformed the Hong Kong Construction industry which returned -10.9% over the past year.
Return vs Market: 552 underperformed the Hong Kong Market which returned 8.2% over the past year.
Shareholder returns
| 552 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | -1.9% | 1.1% |
| 30 Day | -8.1% | -0.6% | 7.2% |
| 90 Day | -17.2% | -0.9% | 5.2% |
| 1 Year | -17.5%-20.3% | -6.5%-10.9% | 12.6%8.2% |
| 3 Year | -7.5%-16.2% | -30.7%-39.0% | 0.4%-10.0% |
| 5 Year | 59.7%35.0% | -30.9%-42.8% | 30.6%8.5% |
Long-Term Price Volatility Vs. Market
How volatile is China Communications Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Is China Communications Services Corporation Limited (HKG:552) An Attractive Dividend Stock?3 weeks ago | Simply Wall St
Is China Communications Services Corporation Limited (HKG:552) Trading At A 35% Discount?1 month ago | Simply Wall St
The Trends At China Communications Services (HKG:552) That You Should Know AboutValuation
Is China Communications Services undervalued compared to its fair value and its price relative to the market?
39.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 552 (HK$4.2) is trading below our estimate of fair value (HK$6.99)
Significantly Below Fair Value: 552 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 552 is poor value based on its PE Ratio (8.4x) compared to the HK Construction industry average (8.3x).
PE vs Market: 552 is good value based on its PE Ratio (8.4x) compared to the Hong Kong market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: 552 is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: 552 is good value based on its PB Ratio (0.7x) compared to the HK Construction industry average (0.9x).
Next Steps
Future Growth
How is China Communications Services forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
8.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 552's forecast earnings growth (8.1% per year) is above the savings rate (1.6%).
Earnings vs Market: 552's earnings (8.1% per year) are forecast to grow slower than the Hong Kong market (21.9% per year).
High Growth Earnings: 552's earnings are forecast to grow, but not significantly.
Revenue vs Market: 552's revenue (8.7% per year) is forecast to grow slower than the Hong Kong market (13.6% per year).
High Growth Revenue: 552's revenue (8.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 552's Return on Equity is forecast to be low in 3 years time (9.6%).
Next Steps
Past Performance
How has China Communications Services performed over the past 5 years?
6.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 552 has high quality earnings.
Growing Profit Margin: 552's current net profit margins (2.5%) are lower than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: 552's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: 552's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 552 had negative earnings growth (-3%) over the past year, making it difficult to compare to the Construction industry average (-7%).
Return on Equity
High ROE: 552's Return on Equity (8.3%) is considered low.
Next Steps
Financial Health
How is China Communications Services's financial position?
Financial Position Analysis
Short Term Liabilities: 552's short term assets (CN¥74.2B) exceed its short term liabilities (CN¥51.3B).
Long Term Liabilities: 552's short term assets (CN¥74.2B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 552's debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: 552's debt to equity ratio has reduced from 3.5% to 1.8% over the past 5 years.
Debt Coverage: 552's debt is well covered by operating cash flow (561.8%).
Interest Coverage: 552 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is China Communications Services's current dividend yield, its reliability and sustainability?
4.45%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 552's dividend (4.45%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 552's dividend (4.45%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.6%).
Stability and Growth of Payments
Stable Dividend: 552's dividend payments have been volatile in the past 10 years.
Growing Dividend: 552's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.3%), 552's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 552's dividends in 3 years are forecast to be well covered by earnings (34.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.9yrs
Average management tenure
CEO
Xiaoqing Huang (55 yo)
0.17
Tenure
Mr. Xiaoqing Huang serves as President at China Communications Services Corporation Limited since September 22, 2020, responsible for daily operations and management. He serves as Executive Director at Chi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.67yrs | no data | no data | |
| Executive VP | 1.92yrs | CN¥698.00k | no data | |
| President & Executive Director | 0.17yr | no data | no data | |
| Executive VP & Chief Risk Officer | 7.42yrs | CN¥998.00k | no data | |
| Executive Vice President | 6.33yrs | no data | no data | |
| Executive Vice President | 10.67yrs | no data | no data | |
| Executive Vice President | 0.25yr | no data | no data | |
| Executive Vice President | 0.083yr | no data | no data | |
| Company Secretary & Deputy CFO | 12.08yrs | no data | no data | |
| Chief Executive Officer of Fujian Communications Services Company Limited | 13.67yrs | no data | no data | |
| Chief Executive Officer of Jiangxi Communications Services Company Limited | 13.58yrs | no data | no data | |
| Chief Executive Officer of Hunan Communications Services Company Limited | 13.58yrs | no data | no data |
6.9yrs
Average Tenure
50yo
Average Age
Experienced Management: 552's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.67yrs | no data | no data | |
| Executive VP | 1.92yrs | CN¥698.00k | no data | |
| President & Executive Director | 0.17yr | no data | no data | |
| Honorary Chairman | 12.58yrs | no data | no data | |
| Non-Executive Director | 0.42yr | no data | no data | |
| Independent Non-Executive Director | 5.42yrs | CN¥170.00k | no data | |
| Independent Supervisor | 14.25yrs | CN¥75.00k | no data | |
| Chairperson of Supervisory Committee | 4.92yrs | no data | no data | |
| Independent Non-Executive Director | 5.42yrs | CN¥170.00k | no data | |
| Independent Non-Executive Director | 8.42yrs | CN¥300.00k | no data | |
| Independent Non-Executive Director | 4.42yrs | CN¥170.00k | no data | |
| Non-Executive Director | 0.42yr | no data | no data |
4.7yrs
Average Tenure
59yo
Average Age
Experienced Board: 552's board of directors are considered experienced (4.7 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 Services Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Communications Services Corporation Limited
- Ticker: 552
- Exchange: SEHK
- Founded: 2006
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$28.951b
- Shares outstanding: 6.93b
- Website: https://www.chinaccs.com.hk
Number of Employees
Location
- China Communications Services Corporation Limited
- No. 19 Chaoyangmen Beidajie
- 13th Floor
- Beijing
- Beijing Province
- 100010
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 552 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2006 |
| CMW | DB (Deutsche Boerse AG) | Yes | Foreign Shares-Foreign Listed | DE | EUR | Dec 2006 |
| CUCS.F | OTCPK (Pink Sheets LLC) | Yes | Foreign Shares-Foreign Listed | US | USD | Dec 2006 |
| 552 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2006 |
| 552 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Dec 2006 |
| CUCS.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Oct 2008 |
Biography
China Communications Services Corporation Limited provides telecommunications support services worldwide. It offers telecommunications infrastructure services, including communications network consultation...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 10:07 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/06/30 |
| 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.