China Communications Construction Co. Ltd. Class A · SSE:601800

China Communications Construction Co. Ltd. Class A — H1 2017 Earnings Presentation

22 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2017

  1. Slide 1: 2017 Interim Results Presentation

    01800.HK 2017 Interim Results Presentation

  2. Slide 2: Disclaimer

    Disclaimer  This document has been prepared by China Communications Construction Company Limited ("CCCC“ or the “the Company”) solely for use at the 2017 interim results announcement presentation. Copying or redistribution of this document to any person is strictly prohibited. The distribution of t

  3. Slide 3: Financial Summary

    Financial Summary RMB million (except per share data) 1H 2017 1H 2016 Change (Unaudited) (Unaudited) Revenue 189,280 182,313 3.8% Gross Profit 25,348 22,034 15.0% EBITDA1 19,442 17,749 9.5% Operating Profit 14,650 13,246 10.6% Profit before income tax 10,870 9,685 12.2% Profit attributable to owners

  4. Slide 4: New Contracts and Backlog by Business Segments

    New Contracts and Backlog by Business Segments New Contracts Backlog 1,329,864 500,000 431,240 1,400,000 1,099,752 3,469 21,374 61,309 2,759 1,200,000 62,769 283,795 9,937 400,000 26,143 4,041 16,024 23,096 51,106 1,000,000 56,785 300,000 2,495 800,000 (RMB million) 8,539 (RMB million) 22,496 11,638

  5. Slide 5: New Contracts of Infrastructure Construction Business

    New Contracts of Infrastructure Construction Business New Contracts of Infrastructure 1H2009 2017 1H2010 2016 Change 变化(%) Construction Business (1H 2017) RMB % of RMB % of RMB Growth million total million total million Port Domestic 243,574 64.7% 155,306 65.1% 88,268 56.8% Construction Construction

  6. Slide 6: Contribution by Business Segments — Revenue

    Contribution by Business Segments — Revenue Revenue (1H 2017) 1 1H2009 2017 1H2010 2016 Change 变化(%) RMB % of RMB % of RMB Business Growth million total million total million Heavy Machinery Infrastructure Manufacturing 158,158 80.0% 152,283 80.6% 5,875 3.9% Others Construction 5.8% 1.6% Dredging In

  7. Slide 7: Contribution by Business Segments — Segment Result

    Contribution by Business Segments — Segment Result Segment Result (1H 2017) 1 1H2009 2017 1H2010 2016 Change 变化(%) RMB % of RMB % of RMB Business Growth million total million total million Heavy Machinery Manufacturing Others Infrastructure 11,562 77.7% 10,679 77.0% 883 8.3% 5.5% Construction 2.2% D

  8. Slide 8: Operating Cost Structure

    Operating Cost Structure Cost Breakdown (1H 2017) Cost Structure (1H 2017) As % of operating costs1 As % of sales 100% 93.6% 93.6% Other expenses Raw materials and 21.0% consumables used 17.6% 19.5% 80% 31.4% 3.3% 3.4% 10.4% 10.2% 60% Rentals 3.6% 34.0% 30.8% 40% Employee benefits 20% 28.3% 29.3% 10

  9. Slide 9: Infrastructure Construction — Business Performance

    Infrastructure Construction — Business Performance Completed projects with RMB158,158 million of contract value Key Projects Kenya Mombasa-Nairobi Railway Gonghe-Yushu Highway-the first highway that is open in traffic crossing plateau permafrost area New Contracts Backlog 600,000 1,400,000 1,180,943

  10. Slide 10: Infrastructure Construction — Financial Performance

    Infrastructure Construction — Financial Performance Revenue1 Gross Profit1 30,000 12.3% 14.0% 200,000 11.2% 152,283 158,158 25,000 12.0% 150,000 19,469 10.0% (RMB million) (RMB million) 20,000 17,069 8.0% 100,000 15,000 6.0% 10,000 4.0% 50,000 5,000 2.0% 0 0 0.0% 1H 2016 1H 2017 1H 2016 1H 2017 Gros

  11. Slide 11: Infrastructure Design — Business Performance

    Infrastructure Design — Business Performance Completed projects with RMB 10,040 million of contract value Key Projects Kribi deepwater harbor in Cameroon Guiyang-Qianxi highway in Guizhou province New Contracts Backlog New 80,000 25,000 Contracts 62,769 56,785 20,000 60,000 and 16,024 (RMB million)

  12. Slide 12: Infrastructure Design — Financial Performance

    Infrastructure Design — Financial Performance Revenue1 Gross Profit1 12,000 4,000 25.0% 9,973 10,040 19.5% 20.3% 3,000 20.0% (RMB million) (RMB million) 8,000 2,042 1,949 15.0% 2,000 10.0% 4,000 1,000 5.0% 0 0 0.0% 1H 2016 1H 2017 1H 2016 1H 2017 Gross Profit Gross profit margin Segment Result1,2 Gr

  13. Slide 13: Dredging — Business Performance

    Dredging — Business Performance Completed projects with RMB 14,740 million of contract value Key Projects Environmental dredging for the Dian Lake Reclamation dredging for West artificial in Yunnan province island of Hong Kong-Zhuhai-Macau Bridge New Contracts Backlog 80,000 New 40,000 61,309 Contra

  14. Slide 14: Dredging — Financial Performance

    Dredging — Financial Performance Revenue1 Gross Profit1 20,000 4,000 20.0% 14,740 14.8% 15.0% 15,000 12,393 3,000 15.0% (RMB million) (RMB million) 2,208 10,000 2,000 1,838 10.0% 5,000 1,000 5.0% 0 0 0.0% 1H 2016 1H 2017 1H 2016 1H 2017 Gross Profit Gross profit margin Segment Result1,2 REMARKS  Th

  15. Slide 15: Heavy Machinery Manufacturing — Business Performance

    Heavy Machinery Manufacturing — Business Performance Completed projects with RMB 11,429 million of contract value Key Projects 12000t self-propelled revolving floating crane Tunnel Boring Machine manufactured by CCCC is on work New Contracts Backlog New 20,000 Contracts 25,000 23,096 21,374 and 15,0

  16. Slide 16: Heavy Machinery Manufacturing — Financial Performance

    Heavy Machinery Manufacturing — Financial Performance Revenue1 Gross Profit1 15,000 13.6% 11,938 4,000 13.2% 15.0% 11,429 (RMB million) 10,000 3,000 (RMB million) 10.0% 2,000 1,622 1,507 5,000 5.0% 1,000 0 0 0.0% 1H 2016 1H 2017 1H 2016 1H 2017 Gross profit Gross profit margin Segment Result1,2 REMA

  17. Slide 17: Capital Expenditure

    Capital Expenditure Capital expenditure  Mainly used in investments Infrastructure in BOT projects, purchases Construction of machinery, equipment Business 30,000 and vessels 22,825 25,000 49 535 539 19,288 Infrastructure 154  Mainly used in the purchase 20,000 Design 309 of equipment 543 Business

  18. Slide 18: Summary Income Statement Data

    Summary Income Statement Data Revenue Gross Profit 200,000 182,313 189,280 40,000 16.0% 13.4% 12.1% 150,000 30,000 25,348 12.0% (RMB million) (RMB million) 22,034 100,000 20,000 8.0% 50,000 10,000 4.0% 0 0 0.0% 1H 2016 1H 2017 1H 2016 1H 2017 Gross profit Gross profit margin Profit attributable to O

  19. Slide 19: Summary Balance Sheet Data

    Summary Balance Sheet Data RMB Million As at 2016-12-31 As at 2017-06-30 Change Non-current assets 363,936 387,877 6.6% Property, plant and equipment 66,775 67,412 1.0% Intangible assets 143,380 155,322 8.3% Available-for-sale financial assets 21,679 26,260 21.1% Trade and other receivables 95,558 1

  20. Slide 20: Summary Balance Sheet Data

    Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 100% 400% 329.4% 340.3% 76.7% 77.3% 80% 300% 60% 200% 40% 20% 100% 0% 0% 2016-12-31 2017-06-30 2016-12-31 2017-06-30 Total Debt/Total Capitalization1 Net Debt/Total Capital2 80% 60% 46.9% 49.6% 59.4% 60.0% 60% 40%

  21. Slide 21: Summary Cash Flow Statement Data

    Summary Cash Flow Statement Data Cash Flow from Operating Activities Cash Flow from Investing Activities 0 0 (2,088) -5,000 (RMB million) (RMB million) -10,000 -10,000 -20,000 -15,000 (20,166) (15,583) (23,961) -20,000 -30,000 1H 2016 1H 2017 1H 2016 1H 2017 REMARKS  Net cash used in operating acti

  22. Slide 22: Thank You

    Thank You Investor Relations Team YU Jingjing, TAN Lu, ZHAO Yang, CONG Ning Tel: +86-10-8201 6562 Fax: +86-10-8201 6524 Email: ir@ccccltd.cn

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