PCCW Past Earnings Performance

Past criteria checks 0/6

PCCW's earnings have been declining at an average annual rate of -46.9%, while the Telecom industry saw earnings growing at 4.4% annually. Revenues have been declining at an average rate of 0.8% per year.

Key information

-46.9%

Earnings growth rate

-46.9%

EPS growth rate

Telecom Industry Growth	7.5%
Revenue growth rate	-0.8%
Return on equity	28.9%
Net Margin	-1.2%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How PCCW makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSC:8 Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	37,195	-447	13,292
31 Mar 24	36,771	-459	13,279
31 Dec 23	36,347	-471	13,265
30 Sep 23	36,262	-719	13,366
30 Jun 23	36,177	-968	13,466
31 Mar 23	36,121	-822	13,482
31 Dec 22	36,065	-676	13,498
30 Sep 22	35,130	-39	13,549
30 Jun 22	34,195	598	13,599
31 Mar 22	34,825	719	13,389
31 Dec 21	35,455	840	13,179
30 Jun 21	35,701	341	11,998
31 Mar 21	35,843	25	12,276
31 Dec 20	35,984	-291	12,553
30 Sep 20	38,495	-543	13,540
30 Jun 20	38,943	-66	13,623
31 Mar 20	38,232	308	13,542
31 Dec 19	37,521	681	13,461
30 Sep 19	37,128	778	13,179
30 Jun 19	36,735	875	12,897
31 Mar 19	37,793	886	12,934
31 Dec 18	38,850	897	12,970
30 Sep 18	38,723	949	12,950
30 Jun 18	38,596	1,000	12,929
31 Mar 18	37,714	948	12,894
31 Dec 17	36,832	895	12,859
30 Sep 17	36,951	1,079	13,544
30 Jun 17	37,070	1,263	14,229
31 Mar 17	37,727	1,657	14,672
31 Dec 16	38,384	2,051	15,114
30 Sep 16	39,070	2,072	14,980
30 Jun 16	39,756	2,093	14,846
31 Mar 16	39,535	2,194	14,682
31 Dec 15	39,314	2,295	14,517
30 Sep 15	38,005	2,809	14,941
30 Jun 15	36,695	3,322	15,364
31 Mar 15	34,986	3,316	14,728
31 Dec 14	33,277	3,310	14,091
30 Sep 14	30,972	2,699	12,783
30 Jun 14	28,667	2,087	11,474
31 Mar 14	27,992	1,986	11,105
31 Dec 13	27,317	1,885	10,735

Quality Earnings: 8 is currently unprofitable.

Growing Profit Margin: 8 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 8 is unprofitable, and losses have increased over the past 5 years at a rate of 46.9% per year.

Accelerating Growth: Unable to compare 8's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8 is unprofitable, making it difficult to compare its past year earnings growth to the Telecom industry (5.5%).

Return on Equity

High ROE: 8 has a negative Return on Equity (28.91%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 23:13
End of Day Share Price	2024/12/24 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

PCCW Limited is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Anand Ramachandran	Barclays
Allan NG	BOCI Research Ltd.
Feiyun Fang	Citigroup Inc

PCCW Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First half 2024 earnings released: HK$0.06 loss per share (vs HK$0.063 loss in 1H 2023)

First half 2024 earnings released: HK$0.06 loss per share (vs HK$0.063 loss in 1H 2023)

PCCW Limited to Report First Half, 2024 Results on Jul 26, 2024

Full year 2023 earnings released: HK$0.061 loss per share (vs HK$0.088 loss in FY 2022)

PCCW Limited to Report Fiscal Year 2023 Results on Feb 23, 2024

First half 2023 earnings released: HK$0.063 loss per share (vs HK$0.011 loss in 1H 2022)

Recent updates

First half 2024 earnings released: HK$0.06 loss per share (vs HK$0.063 loss in 1H 2023)

First half dividend of HK$0.098 announced

First half 2024 earnings released: HK$0.06 loss per share (vs HK$0.063 loss in 1H 2023)

PCCW Limited to Report First Half, 2024 Results on Jul 26, 2024

Acting Group MD recently sold HK$3.4m worth of stock

PCCW Limited Announces Resignation of Wang Fang as Non-Executive Director

PCCW Limited Approves Final Dividend for the Year Ended 31 December 2023

Upcoming dividend of HK$0.28 per share

Full year 2023 earnings released: HK$0.061 loss per share (vs HK$0.088 loss in FY 2022)

First half dividend of HK$0.28 announced

PCCW Limited, Annual General Meeting, May 30, 2024

PCCW Limited Proposes Final Ordinary Dividend for the Year Ended 31 December 2023, Payable on 21 June 2024

PCCW Limited to Report Fiscal Year 2023 Results on Feb 23, 2024

Executive Chairman recently bought HK$5.7m worth of stock

Executive Chairman recently bought HK$3.3m worth of stock

Executive Chairman recently bought HK$5.8m worth of stock

Acting Group MD recently sold HK$2.0m worth of stock

Upcoming dividend of HK$0.098 per share at 9.9% yield

PCCW Limited Appoints Tang Yongbo as Non-Executive Director, Deputy Chairman of the Board and Member of the Executive Committee of the Board

First half 2023 earnings released: HK$0.063 loss per share (vs HK$0.011 loss in 1H 2022)

PCCW Limited to Report First Half, 2023 Results on Aug 03, 2023

PCCW Limited Approves to Declare A Final Dividend in Respect of the Year Ended 31 December 2022

Upcoming dividend of HK$0.28 per share at 9.5% yield

Full year 2022 earnings released: HK$0.088 loss per share (vs HK$0.11 profit in FY 2021)

Full year 2022 earnings released: HK$0.023 loss per share (vs HK$0.12 profit in FY 2021)

PCCW Limited to Report Fiscal Year 2022 Results on Feb 24, 2023

Less than half of directors are independent

Upcoming dividend of HK$0.096 per share

Now 20% undervalued after recent price drop

First half 2022 earnings released: HK$0.011 loss per share (vs HK$0.041 loss in 1H 2021)

Pccw Limited Announces Appointment of Lars Eric Nils Rodert as A Member of the Nomination Committee

PCCW Limited to Report First Half, 2022 Results on Aug 12, 2022

Less than half of directors are independent

PCCW Limited Announces Resignation of David Lawrence Herzog as an Independent Non-Executive Director and Member of Each of the Nomination Committee, Remuneration Committee and Regulatory Compliance Committee of the Board

PCCW Limited Announces Mai Yanzhou Resigns as Non-Executive Director, with Effect from May 30, 2022

PCCW Limited Approves Final Dividend for the Year Ended December 31, 2022

Upcoming dividend of HK$0.28 per share

Full year 2021 earnings released: EPS: HK$0.12 (vs HK$0.13 loss in FY 2020)

PCCW Limited Proposes Final Dividend in Respect of the Year Ended December 31, 2021

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

PCCW Limited Announces Board and Executive Committee Changes

PCCW Limited to Report Fiscal Year 2021 Results on Feb 24, 2022

Funds affiliated with investment management platform of DigitalBridge Group, Inc. (NYSE:DBRG) completed the acquisition of PCCW Powerbase Data Center Services (HK) Ltd. and PCCW Solutions Data Centers Malaysia Sdn. Bhd. from PCCW Limited (SEHK:8).

Group General Counsel & Company Secretary Bernadette Mak Lomas has left the company

Vantage Data Centers Management Company, LLC agreed to acquire Data Center Portfolio of PCCW Limited (SEHK:8).

Upcoming dividend of HK$0.094 per share

First half 2021 earnings released: HK$0.041 loss per share (vs HK$0.076 loss in 1H 2020)

PCCW Limited Declares Final Dividend for the Year Ended December 31, 2020, Payable on or Around May 20, 2021

Upcoming dividend of HK$0.23 per share

Full year 2020 earnings released: HK$0.13 loss per share (vs HK$0.088 profit in FY 2019)

Full year 2020 earnings released: HK$0.13 loss per share (vs HK$0.088 profit in FY 2019)

Revenue misses expectations

PCCW Limited, Annual General Meeting, May 07, 2021

PCCW Limited to Report Fiscal Year 2020 Results on Feb 05, 2021

New 90-day low: HK$4.36

New 90-day low: HK$4.57

New 90-day high: HK$5.03

First half earnings released

Upcoming Dividend of HK$0.092 Per Share

First half earnings released

New 90-day high - HK$4.90

PCCW Limited to Report First Half, 2020 Results on Aug 06, 2020

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed