China Communications Construction Co. Ltd. Class A · SSE:601800
China Communications Construction Co. Ltd. Class A — H1 2020 Earnings Presentation
20 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2020
Slide 1: 2020 Interim Results Presentation
01800.HK 2020 Interim Results Presentation
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 2020 interim results announcement presentation. Copying or redistribution of this document to any person is strictly prohibited. The distribution of t
Slide 3: Financial Summary
Financial Summary1 RMB million 1H 2019 (except per share data) 1H 2020 Change (Restated) (Unaudited) (Unaudited) Revenue 245,410 239,461 2.5% Gross Profit 28,511 28,100 1.5% Operating Profit 13,543 15,726 13.9% EBITDA2 19,398 21,487 9.7% Profit before income tax 9,538 12,047 20.8% Profit attributabl
Slide 4: New Contracts and Backlog by Business Segments
New Contracts and Backlog by Business Segments New Contracts Backlog Growth rate = 7.3% Growth rate = 12.9% 2,259,504 800,000 533,094 2,500,000 2,001,886 496,975 10,293 113,330 11,460 85,852 2,000,000 95,017 600,000 85,062 4,420 6,064 34,735 30,854 15,888 1,500,000 (RMB million) 19,328 (RMB million)
Slide 5: New Contracts of Infrastructure Construction Business
New Contracts of Infrastructure Construction Business New Contracts of Infrastructure 1H 2020 2009 1H 2019 2010 Change 变化(%) Construction Business (1H 2020) RMB % of RMB % of RMB Growth million total million total million Domestic 362,955 75.9% 334,987 76.0% 27,968 8.3% Construction Port Port Constr
Slide 6: Contribution by Business Segments - Revenue
Contribution by Business Segments - Revenue 1H 2019 Revenue (1H 2020) 1 1H 2020 2009 (Restated) 2010 Change 变化(%) RMB % of RMB % of RMB Business Growth million total million total million Dredging Others 6.3% 1.9% Infrastructure Infrastructure Construction 218,839 86.4% 212,434 86.4% 6,405 3.0% Desi
Slide 7: Contribution by Business Segments - Segment Result
Contribution by Business Segments - Segment Result 1H 2019 Segment Result (1H 2020) 1 1H 2020 2009 (Restated) 2010 Change 变化(%) RMB % of RMB % of RMB Business Growth Dredging Others million total million total million Infrastructure 3.9% 1.5% Infrastructure Design Construction 11,980 89.6% 13,473 86
Slide 8: Operating Cost Structure
Operating Cost Structure Cost Breakdown (1H 2020) Cost Structure (1H 2020) As % of operating costs1 As % of sales 100% 94.3% 94.4% Other expenses Raw materials and 18.3% consumables used 17.6% 17.4% 31.4% 80% 2.5% 2.3% 10.4% 10.4% 60% Rentals 2.5% 34.2% 34.7% 40% Employee benefits 20% 11.0% 29.6% 29
Slide 9: Infrastructure Construction - Business Performance
Infrastructure Construction - Business Performance Completed projects with RMB218,839 million of contract value Key Projects Comprehensive Development Project of Hasyan Clean Coal-fired Power Plant Project Yongning Area in Chengdu, Sichuan in Dubai, UAE New Contracts Backlog Growth rate = 8.5% Growt
Slide 10: Infrastructure Construction - Financial Performance
Infrastructure Construction - Financial Performance Revenue1 Gross Profit1 Growth rate = 3.0% Growth rate = 0.9% 250,000 212,434 218,839 11.2% 11.0% 40,000 12.0% 200,000 10.0% (RMB million) 30,000 (RMB million) 150,000 23,787 24,005 8.0% 100,000 20,000 6.0% 50,000 4.0% 10,000 2.0% 0 0 0.0% 1H 2019 1
Slide 11: Infrastructure Design - Business Performance
Infrastructure Design - Business Performance Completed projects with RMB13,628 million of contract value Key Projects PPP Project of Two Lakes One River for Sponge Pingtang Extra Large Bridge of Guizhou City Pilot in Gui'an New Area, Guizhou Pingtang-Luodian Expressway New Contracts Backlog Growth r
Slide 12: Infrastructure Design - Financial Performance
Infrastructure Design - Financial Performance Revenue1 Gross Profit1 Growth rate = 3.1% Growth rate = (12.0%) 16,000 13,628 4,000 20.0% 13,220 16.7% 12,000 14.2% (RMB million) 3,000 15.0% 2,203 (RMB million) 1,938 8,000 2,000 10.0% 4,000 1,000 5.0% 0 0 0.0% 1H 2019 1H 2020 1H 2019 1H 2020 Gross prof
Slide 13: Dredging - Business Performance
Dredging - Business Performance Completed projects with RMB16,122 million of contract value Key Projects Comprehensive Development Project of Daxi Environmental Improvement and Nanhai Future City in Yancheng, Jiangsu Upgrading Project in Lishui, Zhejiang New Contracts Backlog Growth rate = 12.6% Gro
Slide 14: Dredging - Financial Performance
Dredging - Financial Performance Revenue1 Gross Profit1 Growth rate = 3.3% Growth rate = 19.1% 20,000 4,000 12.7% 15.0% 15,614 16,122 11.0% 15,000 3,000 (RMB million) 10.0% (RMB million) 2,043 10,000 2,000 1,715 5.0% 5,000 1,000 0 0 0.0% 1H 2019 1H 2020 1H 2019 1H 2020 Gross profit margin Segment Re
Slide 15: Capital Expenditure
Capital Expenditure Mainly used in investments Capital expenditure Infrastructure in BOT projects, purchases Growth rate = 9.8% Construction of self-use property, Business machinery, equipment and 25,000 vessels 20,790 22,825 517 658 232 853 20,000 476 333 Infrastructure Mainly used in the purch
Slide 16: Summary Income Statement Data
Summary Income Statement Data Revenue Gross Profit Growth rate = 2.5% Growth rate = 1.5% 50,000 15.0% 300,000 11.7% 11.6% 239,461 245,410 40,000 28,511 (RMB million) 28,100 10.0% (RMB million) 30,000 200,000 20,000 5.0% 100,000 10,000 0 0.0% 0 1H 2019 1H 2020 1H 2019 1H 2020 Gross profit margin Prof
Slide 17: Summary Balance Sheet Data
Summary Balance Sheet Data RMB Million As at 2020-6-30 As at 2019-12-31 Change Non-current assets 652,859 594,045 9.9% Property, plant and equipment 60,828 60,400 0.7% Intangible assets 236,802 219,227 8.0% Equity instruments designated at fair value through 24,238 25,018 (3.1%) other comprehensive
Slide 18: Summary Balance Sheet Data
Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 400% 80% 73.6% 75.1% 279.0% 301.2% 300% 60% 200% 40% 100% 20% 0% 0% 2019-12-31 2020-06-30 2019-12-31 2020-06-30 Total Debt/Total Capitalization1 Net Debt/Total Capital2 80% 60% 50.6% 58.7% 42.9% 60% 53.5% 40% 40%
Slide 19: Summary Cash Flow Statement Data
Summary Cash Flow Statement Data Cash Flow from Operating Activities Cash Flow from Investing Activities 0 0 -10,000 -10,000 (RMB million) (RMB million) -20,000 -20,000 -30,000 -30,000 (29,014) -40,000 -40,000 (40,304) (40,565) (42,226) -50,000 -50,000 1H 2019 1H 2020 1H 2019 1H 2020 REMARKS Net c
Slide 20: 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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