CHINA COMMUNICATIONS

601800
End-of-day quote. End-of-day quote  - 04/20
6.82CNY -1.16%
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 627 586700 366
EBITDA1 36 14250 551
Operating profit (EBIT)1 25 38337 539
Operating Margin 4,04%5,36%
Pre-Tax Profit (EBT)1 25 45028 033
Net income1 16 20620 106
Net margin 2,58%2,87%
EPS2 -1,21
Dividend per Share2 -0,23
Last update 03/30/202104/20/2021
1 CNY in Million
2 CNY
Estimates
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 282 884325 683
Net Cash position1 --
Leverage (Debt / EBITDA) 7,83x6,44x
Free Cash Flow1 -71 985-17 694
ROE (Net Profit / Equities) 7,12%7,56%
Shareholders' equity1 227 613265 831
ROA (Net Profit / Asset) 1,34%1,35%
Assets1 1 213 9331 489 336
Book Value Per Share2 -17,3
Cash Flow per Share2 -1,26
Capex1 85 83746 713
Capex / Sales 13,7%6,67%
Last update 03/30/202104/12/2021
1 CNY in Million
2 CNY
Estimates
Balance Sheet Analysis
Financial Ratios
Size 2021e 2022e
Capitalization 94 055 M CNY -
Entreprise Value (EV) 419 738 M CNY 428 947 M CNY
Valuation 2021e 2022e
P/E ratio (Price / EPS) 2,61x 2,40x
Capitalization / Revenue 0,13x 0,13x
EV / Revenue 0,60x 0,59x
EV / EBITDA 8,30x 7,68x
Yield (DPS / Price) 7,14% 7,82%
Price to book (Price / BVPS) 0,18x 0,17x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 5,36% 5,72%
Operating Leverage (Delta EBIT / Delta Sales) 4,13x 5,10x
Net Margin (Net Profit / Revenue) 2,87% 3,19%
ROA (Net Profit / Asset) 1,35% 1,66%
ROE (Net Profit / Equities) 7,56% 7,73%
Rate of Dividend 18,7% 18,8%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   6,67% 6,49%
Cash Flow / Sales 2,91% 3,27%
Capital Intensity (Assets / Sales) 2,13x 1,92x
Financial Leverage (Net Debt / EBITDA) 6,44x 6,13x
Price Earning Ratio
EPS & Dividend