Executive Summary
China Unicom (Hong Kong) Limited, an investment holding company, provides cellular and fixed-line voice, and related value-added services in the People’s Republic of China.
Snowflake
Fundamentals
Excellent balance sheet and fair value.
Similar Companies
Share Price & News
How has China Unicom (Hong Kong)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-3.4%
762
-1.2%
HK Telecom
-0.6%
HK Market
1 Year Return
-9.7%
762
6.1%
HK Telecom
0.9%
HK Market
Return vs Industry: 762 underperformed the Hong Kong Telecom industry which returned 6.1% over the past year.
Return vs Market: 762 underperformed the Hong Kong Market which returned 0.9% over the past year.
Shareholder returns
| 762 | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | -1.2% | -0.6% |
| 30 Day | -3.1% | -4.0% | 0.8% |
| 90 Day | 0.9% | -8.3% | -5.7% |
| 1 Year | -8.0%-9.7% | 8.6%6.1% | 4.6%0.9% |
| 3 Year | -10.8%-12.9% | -5.0%-11.5% | 15.8%4.2% |
| 5 Year | -25.8%-30.5% | -19.4%-27.9% | 17.8%-1.9% |
Price Volatility Vs. Market
How volatile is China Unicom (Hong Kong)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is It Too Late To Consider Buying China Unicom (Hong Kong) Limited (HKG:762)?3 weeks ago | Simply Wall St
Imagine Owning China Unicom (Hong Kong) (HKG:762) And Wondering If The 26% Share Price Slide Is Justified1 month ago | Simply Wall St
Is China Unicom (Hong Kong) (HKG:762) Using Too Much Debt?Valuation
Is China Unicom (Hong Kong) undervalued compared to its fair value and its price relative to the market?
19.68x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 762 (HK$8.01) is trading above our estimate of fair value (HK$4.01)
Significantly Below Fair Value: 762 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 762 is good value based on its PE Ratio (19.7x) compared to the Telecom industry average (19.7x).
PE vs Market: 762 is poor value based on its PE Ratio (19.7x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: 762 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 762 is good value based on its PB Ratio (0.7x) compared to the HK Telecom industry average (1.1x).
Next Steps
Future Growth
How is China Unicom (Hong Kong) forecast to perform in the next 1 to 3 years based on estimates from 24 analysts?
25.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 762's forecast earnings growth (25.1% per year) is above the savings rate (2%).
Earnings vs Market: 762's earnings (25.1% per year) are forecast to grow faster than the Hong Kong market (11.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 762's revenue (4.9% per year) is forecast to grow slower than the Hong Kong market (9.7% per year).
High Growth Revenue: 762's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 762's Return on Equity is forecast to be low in 3 years time (7.5%).
Next Steps
Past Performance
How has China Unicom (Hong Kong) performed over the past 5 years?
-8.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 762's earnings have declined by -8.3% per year over the past 5 years.
Accelerating Growth: 762's earnings growth over the past year (71.5%) exceeds its 5-year average (-8.3% per year).
Earnings vs Industry: 762 earnings growth over the past year (71.5%) exceeded the Telecom industry 6.3%.
Return on Equity
High ROE: 762's Return on Equity (3.6%) is considered low.
Return on Assets
ROA vs Industry: 762's Return on Assets is below or equal to the Telecom industry average last year.
Return on Capital Employed
ROCE Improving: 762 has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is China Unicom (Hong Kong)'s financial position?
Financial Position Analysis
Short Term Liabilities: 762's short term assets (CN¥81.3B) do not cover its short term liabilities (CN¥211.2B)
Long Term Liabilities: 762's short term assets (81.3B) exceeds its long term liabilities (37.3B)
Debt to Equity History and Analysis
Debt Level: 762's debt to equity ratio (9.5%) is considered satisfactory
Reducing Debt: 762's debt to equity ratio has reduced from 56.9% to 9.5% over the past 5 years.
Debt Coverage: 762's debt is well covered by operating cash flow (278.4%).
Interest Coverage: 762's interest payments on its debt are well covered by EBIT (80.3x coverage).
Balance Sheet
Inventory Level: 762 has a high level of physical assets or inventory.
Debt Coverage by Assets: 762's debt is covered by short term assets (assets are 2.7x debt).
Next Steps
Dividend
What is China Unicom (Hong Kong)'s current dividend yield, its reliability and sustainability?
1.85%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 762's dividend (1.85%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 762's dividend (1.85%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.22%).
Stable Dividend: 762's dividend payments have been volatile in the past 10 years.
Growing Dividend: 762's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.5%), 762's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 762's dividends in 3 years are forecast to be well covered by earnings (37.4% payout ratio).
Next Steps
Management
What is the CEO of China Unicom (Hong Kong)'s salary, the management and board of directors tenure and is there insider trading?
1.7yrs
Average management tenure
CEO
Xiaochu Wang (61yo)
4.1yrs
Tenure
CN¥801,000
Compensation
Mr. Wang Xiaochu has been the General Manager of China Telecom (Hong Kong) since November 4, 2004. Mr. Wang has been Chief Executive Officer and Chairman of China Unicom (Hong Kong) Limited since September ...
CEO Compensation Analysis
Compensation vs. Market: Xiaochu's total compensation ($USD113.19K) is about average for companies of similar size in the Hong Kong market ($USD807.42K).
Compensation vs Earnings: Xiaochu's compensation has been consistent with company performance over the past year.
Management Age and Tenure
1.7yrs
Average Tenure
55yo
Average Age
Experienced Management: 762's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Age and Tenure
7.8yrs
Average Tenure
61yo
Average Age
Experienced Board: 762's board of directors are considered experienced (7.8 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Non-Executive Director |
| Shares | 200,000 |
| Max Price | CN¥9.19 |
Ownership Breakdown
Management Team
Xiaochu Wang (61yo)
Chairman & CEO
- Tenure: 4.1yrs
- Compensation: CN¥801.00k
Fushen Li (57yo)
Executive Director
- Tenure: 8.6yrs
- Compensation: CN¥724.00k
Jacky Yung (56yo)
Company Secretary
- Tenure: 3.9yrs
Qiuhong Li
Assistant President
- Tenure: 10.7yrs
- Compensation: CN¥641.00k
Kebing Zhu (45yo)
CFO & Executive Director
- Tenure: 1.2yrs
- Compensation: CN¥289.62k
Guanglu Shao (55yo)
Senior VP & Executive Director
- Tenure: 2.6yrs
- Compensation: CN¥717.00k
Yanzhou Buy (51yo)
Senior Vice President
- Tenure: 1.7yrs
Baojun Liang (50yo)
Senior Vice President
- Tenure: 1.7yrs
Guohua Li (59yo)
President & Executive Director
- Tenure: 1.2yrs
- Compensation: CN¥335.73k
Yunjun Fan (46yo)
Senior Vice President
- Tenure: 0.8yrs
Board Members
César Alierta Izuel (74yo)
Non-Executive Director
- Tenure: 11yrs
- Compensation: CN¥254.00k
Wai Ming Wong (61yo)
Independent Non-Executive Director
- Tenure: 13.8yrs
- Compensation: CN¥356.00k
Xiaochu Wang (61yo)
Chairman & CEO
- Tenure: 4.1yrs
- Compensation: CN¥801.00k
Timpson Chung (68yo)
Independent Non-Executive Director
- Tenure: 11yrs
- Compensation: CN¥364.00k
Linus Cheung (71yo)
Independent Non-Executive Director
- Tenure: 15.4yrs
- Compensation: CN¥347.00k
Fushen Li (57yo)
Executive Director
- Tenure: 8.6yrs
- Compensation: CN¥724.00k
Kebing Zhu (45yo)
CFO & Executive Director
- Tenure: 1.2yrs
- Compensation: CN¥289.62k
Guanglu Shao (55yo)
Senior VP & Executive Director
- Tenure: 2.6yrs
- Compensation: CN¥717.00k
Fanny Law (66yo)
Independent Non-Executive Director
- Tenure: 6.9yrs
- Compensation: CN¥330.00k
Guohua Li (59yo)
President & Executive Director
- Tenure: 1.2yrs
- Compensation: CN¥335.73k
Company Information
China Unicom (Hong Kong) Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Unicom (Hong Kong) Limited
- Ticker: 762
- Exchange: SEHK
- Founded: 2000
- Industry: Integrated Telecommunication Services
- Sector: Telecom
- Market Cap: HK$245.397b
- Shares outstanding: 30.60b
- Website: https://www.chinaunicom.com.hk
Number of Employees
Location
- China Unicom (Hong Kong) Limited
- The Center
- 75th Floor
- Central
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CHU | NYSE (New York Stock Exchange) | DR EACH REP 10 ORD HKD0.10 LVL111 | US | USD | Jun 2000 | |
| XCIA | DB (Deutsche Boerse AG) | DR EACH REP 10 ORD HKD0.10 LVL111 | DE | EUR | Jun 2000 | |
| K3ID | SGX (Singapore Exchange) | DR EACH REP 10 ORD HKD0.10 LVL111 | SG | USD | Jun 2000 | |
| CHU N | BMV (Bolsa Mexicana de Valores) | DR EACH REP 10 ORD HKD0.10 LVL111 | MX | MXN | Jun 2000 | |
| 0A2F | LSE (London Stock Exchange) | DR EACH REP 10 ORD HKD0.10 LVL111 | GB | USD | Jun 2000 | |
| CHUF.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jun 2000 |
| 762 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jun 2000 |
| XCI | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jun 2000 |
| 762 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jun 2000 |
| 762 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Jun 2000 |
Biography
China Unicom (Hong Kong) Limited, an investment holding company, provides cellular and fixed-line voice, and related value-added services in the People’s Republic of China. It also provides broadband and o ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 12:35 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.