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Communications

China Unicom (Hong Kong) Ltd.

  • 10.40 HKD
  • 0.00
  • 0.00%
  • Hong Kong
    Apr 20, 2018
  • Ticker
    HKG(762)
  • Prev. close
    10.40
  • Market cap (HKD)
    318,220M
  • Market cap (USD)
    40,558.20M
  • Shares
    30,598.10M

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

China Unicom (Hong Kong) Ltd. is an investment holding company, which through its subsidiaries engages in the provision of cellular and fixed-line voice and related value-added services, broadband and other Internet-related services, information communications technology services, and business and data communications services. It offers mobile service and fixed-line services. The company was founded on February 8, 2000 and is headquartered in Hong Kong.

Financial Highlights

Dec 2017 HKDUSD
Revenue316,901.71M40,665.87M
Gross Profit70,452.45M9,040.69M
Operating income8,558.21M1,098.21M
Income before tax2,989.95M383.68M
Net income2,107.84M270.48M
EBITDA97,913.22M12,564.54M
Diluted EPS0.080.01
Dividends Per Share0.060.00
Total Assets692,199.58M88,547.14M
Total liabilities326,847.65M41,810.80M
Total equity364,995.40M46,690.72M
Operating cash flow98,345.62M12,620.03M
Currency in HKDCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 372,254.80M 358,279.43M 341,734.58M 320,376.85M 316,901.71M
Gross Profit 98,074.61M 101,077.53M 81,069.28M 70,163.53M 70,452.45M
Operating income 20,056.27M 25,210.86M 15,737.97M 3,561.33M 8,558.21M
Income before tax 17,303.20M 20,049.63M 18,299.91M 498.91M 2,989.95M
Net income 13,131.96M 15,171.57M 13,028.02M 730.26M 2,107.84M
EBITDA 106,100.40M 118,175.91M 110,392.81M 93,301.72M 97,913.22M
Diluted EPS 0.54 0.61 0.54 0.03 0.08
Dividends Per Share 0.20 0.25 0.20 0 0.06
Total Assets 678,200.48M 682,629.29M 729,674.90M 688,946.50M 692,199.58M
Total liabilities 398,570.33M 398,923.53M 453,717.24M 434,935.03M 326,847.65M
Total equity 279,630.15M 283,705.76M 275,957.66M 253,704.66M 364,995.40M
Operating cash flow 99,244.22M 111,313.15M 104,446.20M 87,546.09M 98,345.62M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 47,991.74M 46,201.69M 44,080.14M 41,272.60M 40,665.87M
Gross Profit 12,643.95M 13,034.38M 10,457.08M 9,038.83M 9,040.69M
Operating income 2,585.68M 3,251.05M 2,030.03M 458.79M 1,098.21M
Income before tax 2,230.75M 2,585.48M 2,360.49M 64.27M 383.68M
Net income 1,692.99M 1,956.44M 1,680.47M 94.07M 270.48M
EBITDA 13,678.65M 15,239.29M 14,239.50M 12,019.61M 12,564.54M
Diluted EPS 0.06 0.07 0.07 0.00 0.01
Dividends Per Share 0.02 0.03 0.02 0 0.00
Total Assets 87,467.42M 88,026.11M 94,149.77M 88,860.20M 88,547.14M
Total liabilities 51,403.56M 51,441.81M 58,543.02M 56,097.84M 41,810.80M
Total equity 36,063.86M 36,584.30M 35,606.74M 32,722.78M 46,690.72M
Operating cash flow 12,794.74M 14,354.31M 13,472.45M 11,278.14M 12,620.03M

Valuation Measures

Dec 2017
PER130.85
ROA0.30%
ROE0.68%
Operating margin2.70%
Profit margin0.66%

Key executives

  • Chairman & Chief Executive Officer: Xiao Chu Wang
  • President & Executive Director: Yi Min Lu
  • Chief Financial Officer & Executive Director: Fu Shen Li
  • Executive Director & Senior Vice President: Guang Lu Shao
  • Investor Relations Contact: Ivan Wong

Shareholders

  • China United Network Communications Ltd. (53.5%)
  • China State-Owned Assets Supervision & Admn Commission (26.4%)
  • The Vanguard Group, Inc. (0.6%)
  • Norges Bank Investment Management (0.6%)
  • BlackRock Fund Advisors (0.5%)
  • Thornburg Investment Management, Inc. (0.4%)
  • BlackRock Asset Management North Asia Ltd. (0.3%)
  • State Street Global Advisors Asia Ltd. (0.2%)
  • Schroder Investment Management Ltd. (0.2%)
  • AllianceBernstein LP (0.2%)

Contact Details

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 (Europe) Operations 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 Telecom Corp. Ltd. Class H
  • China Mobile Limited
  • HKT Trust & HKT Ltd.
  • GDS Holdings Ltd. Sponsored ADR Class A
  • Skyworth Digital Co., Ltd. Class A
Last Updated on 20 Apr, 2018

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