China Unicom (Hong Kong) Ltd.
- 8.22 HKD
- -0.01
- -0.12%
Hong Kong
Jul 17, 2019Ticker
HKG(762)Prev. close
8.23Market cap (HKD)
251,822.53MMarket cap (USD)
32,212.46MShares
30,598.12M
In the news
- Chinese 5G self-driving bus offers glimpse of commutes to come Jun 12, 2019
- Chinese 5G investment set to quicken with 1st licenses ready Jun 4, 2019
- China Mobile replaces chairman with China Telecom head Mar 5, 2019
- Nikkei Asia300 falls as US-China trade woes resurface May 23, 2018
- Hong Kong shares fall as trade uncertainties return May 23, 2018 See more articles on China Unicom (Hong Kong) Ltd.
Company Background
China Unicom (Hong Kong) is one of China's top three telecommunications companies. Its parent company, state-owned China United Network Communications Group, was established in 1994 and is supervised by the State-Owned Assets Supervision and Administration Commission. China Unicom took over core assets of its parent company and listed on the stock market.
China Unicom entered the mobile phone business in 2002. In 2009, it became the first company in China to introduce 3G (third-generation) mobile services and has since spearheaded efforts to spread the service by building base telecommunications stations and other related infrastructure throughout China.
Of China's total 1.3 billion mobile phone users, a little more than 20% subscribe to China Unicom's service, giving it the second-largest market share after China Mobile. China Unicom has also become a major player in the global telecommunications market and aims to expand its business in other Asian countries and in Africa.
The Chinese government is currently promoting 4G mobile services. China Unicom is building infrastructure compatible with the FDD-LTE mobile standard, as is China Telecom. China Unicom is trying to differentiate its service from those of its rivals by combining its existing 3G service with a proprietary high-speed data communication service.
China United Network Communications Group is China Unicom's leading shareholder, owning a little more than 60% of its outstanding shares.
Business Summary
Financial Highlights
| Dec 2018 | HKD | USD |
| Revenue | 344,530.39M | 43,958.96M |
| Gross Profit | 84,921.79M | 10,835.25M |
| Operating income | 15,734.28M | 2,007.55M |
| Income before tax | 15,493.84M | 1,976.87M |
| Net income | 12,077.87M | 1,541.02M |
| EBITDA | 105,488.64M | 13,459.39M |
| Diluted EPS | 0.39 | 0.05 |
| Dividends Per Share | 0.15 | 0.01 |
| Total Assets | 623,616.84M | 79,651.16M |
| Total liabilities | 265,218.56M | 33,874.91M |
| Total equity | 357,983.19M | 45,723.23M |
| Operating cash flow | 110,423.08M | 14,088.98M |
| Currency in HKD | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 358,279.43M | 341,734.58M | 320,376.85M | 316,901.71M | 344,530.39M |
| Gross Profit | 101,077.53M | 81,069.28M | 70,163.53M | 70,452.45M | 84,921.79M |
| Operating income | 25,210.86M | 15,737.97M | 3,561.33M | 8,558.21M | 15,734.28M |
| Income before tax | 20,049.63M | 18,299.91M | 498.91M | 2,989.95M | 15,493.84M |
| Net income | 15,171.57M | 13,028.02M | 730.26M | 2,107.84M | 12,077.87M |
| EBITDA | 118,175.91M | 110,392.81M | 93,301.72M | 97,913.22M | 105,488.64M |
| Diluted EPS | 0.61 | 0.54 | 0.03 | 0.08 | 0.39 |
| Dividends Per Share | 0.25 | 0.20 | 0 | 0.06 | 0.15 |
| Total Assets | 682,629.29M | 729,674.90M | 688,946.50M | 692,199.58M | 623,616.84M |
| Total liabilities | 398,923.53M | 453,717.24M | 434,935.03M | 326,847.65M | 265,218.56M |
| Total equity | 283,705.76M | 275,957.66M | 253,704.66M | 364,995.40M | 357,983.19M |
| Operating cash flow | 111,313.15M | 104,446.20M | 87,546.09M | 98,345.62M | 110,423.08M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 46,201.69M | 44,080.14M | 41,272.60M | 40,665.87M | 43,958.96M |
| Gross Profit | 13,034.38M | 10,457.08M | 9,038.83M | 9,040.69M | 10,835.25M |
| Operating income | 3,251.05M | 2,030.03M | 458.79M | 1,098.21M | 2,007.55M |
| Income before tax | 2,585.48M | 2,360.49M | 64.27M | 383.68M | 1,976.87M |
| Net income | 1,956.44M | 1,680.47M | 94.07M | 270.48M | 1,541.02M |
| EBITDA | 15,239.29M | 14,239.50M | 12,019.61M | 12,564.54M | 13,459.39M |
| Diluted EPS | 0.07 | 0.07 | 0.00 | 0.01 | 0.05 |
| Dividends Per Share | 0.03 | 0.02 | 0 | 0.00 | 0.01 |
| Total Assets | 88,026.11M | 94,149.77M | 88,860.20M | 88,547.14M | 79,651.16M |
| Total liabilities | 51,441.81M | 58,543.02M | 56,097.84M | 41,810.80M | 33,874.91M |
| Total equity | 36,584.30M | 35,606.74M | 32,722.78M | 46,690.72M | 45,723.23M |
| Operating cash flow | 14,354.31M | 13,472.45M | 11,278.14M | 12,620.03M | 14,088.98M |
Valuation Measures
| Dec 2018 | |
| PER | 21.18 |
| ROA | 1.83% |
| ROE | 3.34% |
| Operating margin | 4.56% |
| Profit margin | 3.50% |
Key executives
- Chairman & Chief Executive Officer: Xiao Chu Wang
- President & Executive Director: Guo Hua Li
- Chief Financial Officer & Executive Director: Ke Bing Zhu
- Executive Director & Senior Vice President: Guang Lu Shao
- Senior Vice President: Yun Jun Fan
Shareholders
- China United Network Communications Ltd. (53.5%)
- China State-Owned Assets Supervision & Admn Commission (27.1%)
- The Vanguard Group, Inc. (0.6%)
- BlackRock Fund Advisors (0.6%)
- Capital Research & Management Co. (World Investors) (0.5%)
- Norges Bank Investment Management (0.3%)
- FIL Investment Management (Hong Kong) Ltd. (0.3%)
- Wellington Management Co. LLP (0.3%)
- AllianceBernstein LP (0.1%)
- BlackRock Japan Co., Ltd. (0.1%)
Contact Details
- Website:http://www.chinaunicom.com.hk
- Address: 75th Floor, The Center, 99 Queen's Road Central, Hong Kong, Hong Kong
- Phone: +852.2126.2018
Related Companies
- Shanghai Unicom
- UNISK Information Technology Co., Ltd.
- East Asia Netcom Ltd.
- China Unicom Heilongjiang Branch
- China Unicom (Australia) Operations Pty Ltd.
- China Unicom (MYA) Operations Co. Ltd.
- China Unicom (South Africa) Operations Pty Ltd.
- China Unicom (Singapore) Operations Pte Ltd.
- China Unicom (Japan) Operations Corp.
- China Unicom Global Ltd.
- China Unicom Dongguan Co. Ltd.
- China United Network Communications Corp. Ltd.
- Billion Express Investments Ltd.
- China Unicom Jiangsu Co. Ltd.
- Zhejiang Unicom
Competitors
- China Mobile Limited
- China Telecom Corp. Ltd. Class H
- HKT Trust and HKT Ltd
- GDS Holdings Ltd. Sponsored ADR Class A
Copyright © 2019 FactSet Research Systems Inc. All rights reserved.
Last Updated on 17 Jul, 2019