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CITIC Telecom International Holdings

Market Cap

HK$10.3b

Last Updated

2021/05/07 10:31 UTC

Data Sources

Company Financials +

Executive Summary

CITIC Telecom International Holdings Limited, an investment holding company, provides telecommunications services worldwide. More Details


Snowflake Analysis

6 star dividend payer and good value.


Similar Companies

Share Price & News

How has CITIC Telecom International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1883 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1883's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.4%

1883

0.6%

HK Telecom

-1.8%

HK Market


1 Year Return

-2.4%

1883

-14.0%

HK Telecom

27.5%

HK Market

Return vs Industry: 1883 exceeded the Hong Kong Telecom industry which returned -14% over the past year.

Return vs Market: 1883 underperformed the Hong Kong Market which returned 27.5% over the past year.


Shareholder returns

1883IndustryMarket
7 Day0.4%0.6%-1.8%
30 Day1.4%0.6%-1.6%
90 Day15.6%8.6%-2.5%
1 Year5.0%-2.4%-10.8%-14.0%32.5%27.5%
3 Year48.9%21.0%-26.2%-33.5%4.0%-7.0%
5 Year22.6%-9.6%-17.5%-29.4%60.1%32.9%

Long-Term Price Volatility Vs. Market

How volatile is CITIC Telecom International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CITIC Telecom International Holdings 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: 1883 (HK$2.82) is trading below our estimate of fair value (HK$11.79)

Significantly Below Fair Value: 1883 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1883 is good value based on its PE Ratio (10.1x) compared to the HK Telecom industry average (11.7x).

PE vs Market: 1883 is good value based on its PE Ratio (10.1x) compared to the Hong Kong market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: 1883 is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: 1883's PB Ratio (1.1x) is in line with the HK Telecom industry average.


Future Growth

How is CITIC Telecom International Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

6.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1883's forecast earnings growth (6.1% per year) is above the savings rate (1.5%).

Earnings vs Market: 1883's earnings (6.1% per year) are forecast to grow slower than the Hong Kong market (17.2% per year).

High Growth Earnings: 1883's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1883's revenue (5.2% per year) is forecast to grow slower than the Hong Kong market (12.6% per year).

High Growth Revenue: 1883's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1883's Return on Equity is forecast to be low in 3 years time (11.6%).


Past Performance

How has CITIC Telecom International Holdings performed over the past 5 years?

5.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1883 has high quality earnings.

Growing Profit Margin: 1883's current net profit margins (11.5%) are higher than last year (11.1%).


Past Earnings Growth Analysis

Earnings Trend: 1883's earnings have grown by 5.1% per year over the past 5 years.

Accelerating Growth: 1883's earnings growth over the past year (2.1%) is below its 5-year average (5.1% per year).

Earnings vs Industry: 1883 earnings growth over the past year (2.1%) underperformed the Telecom industry 2.1%.


Return on Equity

High ROE: 1883's Return on Equity (10.6%) is considered low.


Financial Health

How is CITIC Telecom International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1883's short term assets (HK$3.0B) exceed its short term liabilities (HK$2.2B).

Long Term Liabilities: 1883's short term assets (HK$3.0B) do not cover its long term liabilities (HK$6.3B).


Debt to Equity History and Analysis

Debt Level: 1883's debt to equity ratio (59.8%) is considered high.

Reducing Debt: 1883's debt to equity ratio has reduced from 105.8% to 59.8% over the past 5 years.

Debt Coverage: 1883's debt is well covered by operating cash flow (43.3%).

Interest Coverage: 1883's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


Dividend

What is CITIC Telecom International Holdings's current dividend yield, its reliability and sustainability?

7.45%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 07 2021Ex Dividend DateMay 18 2021Dividend Pay DateJun 04 202117 days from Ex DividendBuy in the next 11 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 1883's dividend (7.45%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.94%).

High Dividend: 1883's dividend (7.45%) is in the top 25% of dividend payers in the Hong Kong market (6.01%)


Stability and Growth of Payments

Stable Dividend: 1883's dividends per share have been stable in the past 10 years.

Growing Dividend: 1883's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (75.2%), 1883's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1883's dividends in 3 years are forecast to be covered by earnings (74.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Frank Cai (42 yo)

1.25yrs

Tenure

HK$2,710,000

Compensation

Mr. Dawei Cai, also known as Frank, serves as the Vice Chairman of the Board of CITIC Telecom International CPC Limited since February 28, 2020 and at and China Enterprise ICT Solutions Limited. He serves ...


CEO Compensation Analysis

Compensation vs Market: Frank's total compensation ($USD348.85K) is below average for companies of similar size in the Hong Kong market ($USD620.46K).

Compensation vs Earnings: Insufficient data to compare Frank's compensation with company performance.


Leadership Team

Experienced Management: 1883's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1883's board of directors are considered experienced (4.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 1883 insiders have only sold shares 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

CITIC Telecom International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CITIC Telecom International Holdings Limited
  • Ticker: 1883
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Alternative Carriers
  • Sector: Telecom
  • Market Cap: HK$10.334b
  • Shares outstanding: 3.68b
  • Website: https://www.citictel.com

Number of Employees


Location

  • CITIC Telecom International Holdings Limited
  • CITIC Telecom Tower
  • 25th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings


Biography

CITIC Telecom International Holdings Limited, an investment holding company, provides telecommunications services worldwide. The company provides carrier services, such as mobile roaming signaling SCCP, si...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 10:31
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.