OTCPK:CHUF.F

Stock Analysis Report

China Unicom (Hong Kong)

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 with acceptable track record.


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

18.3%

CHUF.F

0.5%

US Telecom

-0.5%

US Market


1 Year Return

-4.7%

CHUF.F

7.6%

US Telecom

0.9%

US Market

CHUF.F underperformed the Telecom industry which returned 8.2% over the past year.

CHUF.F underperformed the Market in United States of America which returned 0.7% over the past year.


Share holder returns

CHUF.FIndustryMarket
7 Day18.3%0.5%-0.5%
30 Day18.3%7.6%4.8%
90 Day1.8%9.3%2.3%
1 Year-4.7%-4.7%13.3%7.6%3.1%0.9%
3 Year-8.3%-8.3%15.6%-1.2%45.5%36.0%
5 Year-34.7%-34.7%36.0%4.8%62.5%44.7%

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

No news available

Valuation

Is China Unicom (Hong Kong) undervalued based on future cash flows and its price relative to the stock market?

20.58x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

China Unicom (Hong Kong) is overvalued based on earnings compared to the US Telecom industry average.

China Unicom (Hong Kong) is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

China Unicom (Hong Kong) is good value based on expected growth next year.


Price Based on Value of Assets

China Unicom (Hong Kong) is good value based on assets compared to the US Telecom industry average.


Next Steps

Future Growth

How is China Unicom (Hong Kong) expected to perform in the next 1 to 3 years based on estimates from 24 analysts?

25.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

China Unicom (Hong Kong)'s revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).

China Unicom (Hong Kong)'s earnings are expected to grow significantly at over 20% yearly.

China Unicom (Hong Kong)'s revenue growth is positive but not above the United States of America market average.

China Unicom (Hong Kong)'s earnings growth is expected to exceed the United States of America market average.

China Unicom (Hong Kong)'s earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has China Unicom (Hong Kong) performed over the past 5 years?

-14.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

China Unicom (Hong Kong)'s year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

China Unicom (Hong Kong)'s 1-year earnings growth exceeds its 5-year average (109.6% vs -14.5%)

China Unicom (Hong Kong)'s earnings growth has exceeded the US Telecom industry average in the past year (109.6% vs -18%).


Return on Equity

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


Return on Assets

China Unicom (Hong Kong) used its assets less efficiently than the US Telecom industry average last year based on Return on Assets.


Return on Capital Employed

China Unicom (Hong Kong) has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is China Unicom (Hong Kong)'s financial position?


Financial Position Analysis

China Unicom (Hong Kong)'s short term (1 year) commitments are greater than its holdings of cash and other short term assets.

China Unicom (Hong Kong)'s cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

China Unicom (Hong Kong)'s level of debt (9.5%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (61.3% vs 9.5% today).

Debt is well covered by operating cash flow (278.4%, greater than 20% of total debt).

China Unicom (Hong Kong) earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

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?

2.90%

Expected Dividend Yield


Dividend Yield and Payments Analysis

China Unicom (Hong Kong)'s pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

China Unicom (Hong Kong)'s dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).


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?

1.6yrs

Average management tenure


CEO

Xiaochu Wang (61yo)

4yrs

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

Xiaochu's remuneration is lower than average for companies of similar size in United States of America.

Xiaochu's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.6yrs

Average Tenure

55yo

Average Age

The average tenure for the China Unicom (Hong Kong) management team is less than 2 years, this suggests a new team.


Board Age and Tenure

7.7yrs

Average Tenure

61yo

Average Age

The tenure for the China Unicom (Hong Kong) board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellCN¥234,19602 May 19
Wing Lam Cheung
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares200,000
Max PriceCN¥1.17

Ownership Breakdown


Management Team

  • Xiaochu Wang (61yo)

    Chairman & CEO

    • Tenure: 4yrs
    • Compensation: CN¥801.00k
  • Fushen Li (57yo)

    Executive Director

    • Tenure: 8.5yrs
    • Compensation: CN¥724.00k
  • Jacky Yung (56yo)

    Company Secretary

    • Tenure: 3.8yrs
  • Qiuhong Li

    Assistant President

    • Tenure: 10.6yrs
    • Compensation: CN¥641.00k
  • Kebing Zhu (45yo)

    CFO & Executive Director

    • Tenure: 1.1yrs
    • Compensation: CN¥289.62k
  • Guanglu Shao (55yo)

    Senior VP & Executive Director

    • Tenure: 2.5yrs
    • Compensation: CN¥717.00k
  • Yanzhou Buy (51yo)

    Senior Vice President

    • Tenure: 1.6yrs
  • Baojun Liang (50yo)

    Senior Vice President

    • Tenure: 1.6yrs
  • Guohua Li (59yo)

    President & Executive Director

    • Tenure: 1.1yrs
    • Compensation: CN¥335.73k
  • Yunjun Fan (46yo)

    Senior Vice President

    • Tenure: 0.7yrs

Board Members

  • César Alierta Izuel (74yo)

    Non-Executive Director

    • Tenure: 10.9yrs
    • Compensation: CN¥254.00k
  • Wai Ming Wong (61yo)

    Independent Non-Executive Director

    • Tenure: 13.7yrs
    • Compensation: CN¥356.00k
  • Xiaochu Wang (61yo)

    Chairman & CEO

    • Tenure: 4yrs
    • Compensation: CN¥801.00k
  • Timpson Chung (68yo)

    Independent Non-Executive Director

    • Tenure: 10.9yrs
    • Compensation: CN¥364.00k
  • Linus Cheung (71yo)

    Independent Non-Executive Director

    • Tenure: 15.3yrs
    • Compensation: CN¥347.00k
  • Fushen Li (57yo)

    Executive Director

    • Tenure: 8.5yrs
    • Compensation: CN¥724.00k
  • Kebing Zhu (45yo)

    CFO & Executive Director

    • Tenure: 1.1yrs
    • Compensation: CN¥289.62k
  • Guanglu Shao (55yo)

    Senior VP & Executive Director

    • Tenure: 2.5yrs
    • Compensation: CN¥717.00k
  • Fanny Law (66yo)

    Independent Non-Executive Director

    • Tenure: 6.8yrs
    • Compensation: CN¥330.00k
  • Guohua Li (59yo)

    President & Executive Director

    • Tenure: 1.1yrs
    • 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: CHUF.F
  • Exchange: OTCPK
  • Founded: 2000
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: HK$253.046b
  • Listing Market Cap: HK$32.278b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHUNYSE (New York Stock Exchange)ADR EACH REP 10 ORD HKD0.10 LVL111USUSDJun 2000
XCIADB (Deutsche Boerse AG)ADR EACH REP 10 ORD HKD0.10 LVL111DEEURJun 2000
K3IDSGX (Singapore Exchange)ADR EACH REP 10 ORD HKD0.10 LVL111SGUSDJun 2000
CHU NBMV (Bolsa Mexicana de Valores)ADR EACH REP 10 ORD HKD0.10 LVL111MXMXNJun 2000
CHUF.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2000
762SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2000
XCIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2000
762SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJun 2000
762SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/23 23:50
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.