CHINA UNICOM (HONG K

762
End-of-day quote. End-of-day quote  - 06/18
4.13HKD -0.24%
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 303 838318 741
EBITDA1 94 13996 475
Operating profit (EBIT)1 11 12313 458
Operating Margin 3,66%4,22%
Pre-Tax Profit (EBT)1 16 02718 388
Net income1 12 49314 249
Net margin 4,11%4,47%
EPS2 0,410,47
Dividend per Share2 0,160,19
Last update 03/11/202106/11/2021
1 CNY in Million
2 CNY
Estimates
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 --
Net Cash position1 20 43732 380
Leverage (Debt / EBITDA) -0,22x-0,34x
Free Cash Flow1 51 57025 761
ROE (Net Profit / Equities) 3,86%4,27%
Shareholders' equity1 323 317333 795
ROA (Net Profit / Asset) 2,19%2,36%
Assets1 571 558604 475
Book Value Per Share2 10,711,0
Cash Flow per Share2 3,453,10
Capex1 53 98170 253
Capex / Sales 17,8%22,0%
Last update 03/11/202106/11/2021
1 CNY in Million
2 CNY
Estimates
Balance Sheet Analysis
Financial Ratios
Size 2021e 2022e
Capitalization 128 512 M CNY -
Entreprise Value (EV) 96 132 M CNY 93 321 M CNY
Valuation 2021e 2022e
P/E ratio (Price / EPS) 9,01x 7,83x
Capitalization / Revenue 0,40x 0,38x
EV / Revenue 0,30x 0,29x
EV / EBITDA 1,00x 0,95x
Yield (DPS / Price) 4,41% 5,06%
Price to book (Price / BVPS) 0,38x 0,37x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 4,22% 4,78%
Operating Leverage (Delta EBIT / Delta Sales) 4,28x 3,70x
Net Margin (Net Profit / Revenue) 4,47% 4,94%
ROA (Net Profit / Asset) 2,36% 2,67%
ROE (Net Profit / Equities) 4,27% 4,83%
Rate of Dividend 39,8% 39,6%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   22,0% 22,4%
Cash Flow / Sales 29,8% 30,1%
Capital Intensity (Assets / Sales) 1,90x 1,85x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
EPS & Dividend