Asia300

China Communications Construction Co. Ltd.

China

  • 1m
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Sep 22, 2017
Prev close: 9.89
Sep 22, 2017
Market cap:
Market cap(USD):
259,824M
33,275.8M
Shares: 16,174.7M

Currency in HKD

Company profile

Market(Ticker): HKG(1800)
Sector:
Industry:
Industrial Services
Engineering & Construction
Full time employees: 118,765

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 2016

  • Local currency
  • US Dollar
Revenue 499,210.22M
Gross profit 68,533.34M
Operating income 31,557.28M
Income before tax 25,746.13M
Net income 18,374.05M
EBITDA 42,723.60M
Diluted EPS 1.13
Dividends per share 0.21
Total assets 894,145.40M
Total liabilities 706,112.10M
Total equity 156,452.50M
Operating cash flow 38,907.85M

Currency in HKD

Revenue 64,310.85M
Gross profit 8,828.82M
Operating income 4,065.37M
Income before tax 3,316.75M
Net income 2,367.04M
EBITDA 5,503.87M
Diluted EPS 0.14
Dividends per share 0.02
Total assets 115,326.72M
Total liabilities 91,074.22M
Total equity 20,179.21M
Operating cash flow 5,012.31M

Currency in USD

Valuation measures

Dec 2016

PER 7.87
ROA 2.08%
ROE 11.06%
Operating margin 6.32%
Profit margin 3.68%

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.(3.5%)
  • Hang Seng Investment Management Ltd.(2.8%)
  • BlackRock Fund Advisors(2.3%)
  • Nordea Investment Management AB (Denmark)(1.0%)
  • PineBridge Investments Asia Ltd.(0.9%)
  • BlackRock Investment Management (UK) Ltd.(0.7%)
  • Pictet Asset Management Ltd.(0.7%)
  • Dimensional Fund Advisors LP(0.7%)
  • Causeway Capital Management LLC(0.7%)
  • BlackRock Advisors (UK) Ltd.(0.6%)

Address

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

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