Asia300

China Communications Construction Co. Ltd.

China

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 11.5
Mar 23, 2017
Market cap:
Market cap(USD):
301,033.41M
38,757.93M
Shares: 16,174.73M

Currency in HKD

Company profile

Market(Ticker): HKG(1800)
Sector:
Industry:
Industrial Services
Engineering & Construction
Full time employees: 115,179

Business summary

China Communications Construction Co. Ltd. engages in the design and construction of transportation infrastructure, dredging and heavy machinery manufacturing business.. It operates through the following segments: Construction, Design, Dredging, Heavy Machinery, and Others. The Construction segment involves in infrastructure construction of ports, roads, bridges and railways. The Design segment involves in infrastructure design of ports, roads and bridges. The Heavy Machinery segment engages in manufacturing of heavy machinery. The company was founded on October 8, 2006 and is headquartered in Beijing, China.

Company background

China Communications Construction engages in transport infrastructure projects, building roads, ports and bridges in China. It is a state-owned enterprise controlled by the State-owned Assets Supervision and Administration Commission of the State Council. It is a publicly traded arm of the China Communications Construction Group and listed on the Hong Kong Exchange in 2006. Its workforce exceeds 100,000. The company grew rapidly during the Chinese economy's boom years, when infrastructure investment significantly expanded.

China Communications Construction has handled several major development projects, including the construction of the Shanghai-Nanjing Expressway, the Shanghai-Kunming High-Speed Railway and the 32.5km Donghai Bridge in Shanghai. The company is taking advantage of its close ties with the Chinese government and cost competitiveness to make a foray into overseas markets. It built a container berth at a Sudanese port, the Gwadar deep-water port in Pakistan and a belt highway in Addis Ababa, Ethiopia, that cost $98 million.
Infrastructure development investment is peaking in China as the country's economy is slowing. So the company aims to expand overseas operations in cooperation with the Asian Infrastructure Investment Bank.

In the news

Financial highlights

Dec 2015

  • Local currency
  • US Dollar
Revenue 486,121.20M
Gross profit 61,897.37M
Operating income 28,782.99M
Income before tax 23,466.50M
Net income 18,990.83M
EBITDA 39,288.20M
Diluted EPS 1.17
Dividends per share 0.22
Total assets 872,513.46M
Total liabilities 665,260.35M
Total equity 175,728.84M
Operating cash flow 41,787.35M

Currency in HKD

Revenue 62,704.49M
Gross profit 7,984.10M
Operating income 3,712.70M
Income before tax 3,026.93M
Net income 2,449.61M
EBITDA 5,067.76M
Diluted EPS 0.15
Dividends per share 0.02
Total assets 112,580.19M
Total liabilities 85,838.37M
Total equity 22,674.24M
Operating cash flow 5,390.12M

Currency in USD

Valuation measures

Dec 2015

PER 6.75
ROA 2.28%
ROE 12.02%
Operating margin 5.92%
Profit margin 3.90%

Key executive

  • Vice Chairman & President: Fen Jian Chen
  • Chief Financial Officer & Executive Director: Jun Yuan Fu
  • Vice President: Yun Chen
  • Vice President: Zi Yu Sun
  • Member-Supervisory Board & Head-Auditing: Yong Bin Wang

Share holders

  • The Vanguard Group, Inc.(3.2%)
  • BlackRock Fund Advisors(2.0%)
  • Hang Seng Investment Management Ltd.(1.6%)
  • BlackRock Advisors (UK) Ltd.(1.2%)
  • Nordea Investment Management AB (Denmark)(1.2%)
  • Dimensional Fund Advisors LP(0.6%)
  • Pictet Asset Management Ltd.(0.6%)
  • Causeway Capital Management LLC(0.6%)
  • BlackRock Investment Management (UK) Ltd.(0.5%)
  • E Fund Management Co., Ltd.(0.4%)

Address

  • Website: http://www.ccccltd.cn
  • Address: No. 85 Deshengmen Outer Street, Xicheng District, Beijing, 100088, China
  • Phone: +86.10.82016562

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.