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

China Communications Construction Co. Ltd. Class A — H1 2019 Earnings Presentation

20 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2019

  1. Slide 1: 2019 Interim Results Presentation

    01800.HK 2019 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 2019 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 Summary1 RMB million (except per share data) 1H 2019 1H 2018 Change (Unaudited) (Unaudited) Revenue 239,087 207,586 15.2% Gross Profit 27,972 27,859 0.4% Operating Profit 15,657 15,041 4.1% EBITDA1 21,353 19,633 8.8% Profit before income tax 12,018 11,302 6.3% Profit attributable to owners

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

    New Contracts and Backlog by Business Segments New Contracts Backlog Growth rate = 15.9% Growth rate = 13.6% 1,919,260 700,000 2,000,000 496,728 1,689,738 8,482 94,552 1,800,000 83,279 600,000 428,768 6,890 1,600,000 79,312 77,171 500,000 5,817 1,400,000 30,854 3,626 19,328 1,200,000 20,012 (RMB mil

  5. Slide 5: New Contracts of Infrastructure Construction Business

    New Contracts of Infrastructure Construction Business New Contracts of Infrastructure 1H 2019 2009 1H 2018 2010 Change 变化(%) Construction Business (1H 2019) RMB % of RMB % of RMB Growth million total million total million Domestic Port 334,987 76.0% 263,149 69.0% 71,838 27.3% Construction Overseas C

  6. Slide 6: Contribution by Business Segments - Revenue

    Contribution by Business Segments - Revenue Revenue (1H 2019) 1 1H 2019 2009 1H 2018 2010 Change 变化(%) RMB % of RMB % of RMB Business Growth million total million total million Dredging Others 6.4% 1.7% Infrastructure 212,434 86.5% 184,328 85.3% 28,106 15.2% Infrastructure Construction Design 5.4% I

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

    Contribution by Business Segments - Segment Result Segment Result (1H 2019) 1 1H 2019 2009 1H 2018 2010 Change 变化(%) RMB % of RMB % of RMB Business Growth million total million total million Dredging Others 4.5% 3.0% Infrastructure Infrastructure Construction 13,460 86.5% 12,763 86.3% 697 5.5% Desig

  8. Slide 8: Operating Cost Structure

    Operating Cost Structure Cost Breakdown (1H 2019) Cost Structure (1H 2019) As % of operating costs1 As % of sales 100% 92.9% 94.3% Raw materials Other expenses and consumables 20.4% used 20.8% 19.3% 80% 30.2% 2.5% 3.1% 9.8% 9.9% 60% Rentals 34.2% 2.6% 40% 31.4% Employee 20% benefits 27.7% 28.5% 10.5

  9. Slide 9: Infrastructure Construction - Business Performance

    Infrastructure Construction - Business Performance Completed projects with RMB212,434 million of contract value Key Projects Lushan-Xiaoyuan Section of Shanghai- Second Poyang Lake Bridge Jiaxing-Huzhou Highway in Jiangxi Province New Contracts Backlog Growth rate = 15.5% Growth rate = 13.5% 800,000

  10. Slide 10: Infrastructure Construction - Financial Performance

    Infrastructure Construction - Financial Performance Revenue1 Gross Profit1 Growth rate = 15.2% Growth rate = 1.3% 250,000 40,000 12.7% 15.0% 212,434 184,328 11.2% 200,000 30,000 (RMB million) 23,774 (RMB million) 23,461 10.0% 150,000 20,000 100,000 5.0% 50,000 10,000 0 0 0.0% 1H 2018 1H 2019 1H 2018

  11. Slide 11: Infrastructure Design - Business Performance

    Infrastructure Design - Business Performance Completed projects with RMB 13,220 million of contract value Key Projects Coal terminal of the largest coal-fired Ore terminal of Dongjiakou port area power plant in Philippines in Qingdao Port New Contracts Backlog Growth rate = (18.3%) Growth rate = 7.9

  12. Slide 12: Infrastructure Design - Financial Performance

    Infrastructure Design - Financial Performance Revenue1 Gross Profit1 Growth rate = 21.3% Growth rate = 7.9% 16,000 18.7% 13,220 4,000 16.7% 20.0% 12,000 10,898 (RMB million) 3,000 15.0% (RMB million) 2,042 2,203 8,000 2,000 10.0% 4,000 1,000 5.0% 0 0 0.0% 1H 2018 1H 2019 1H 2018 1H 2019 Gross profit

  13. Slide 13: Dredging - Business Performance

    Dredging - Business Performance Completed projects with RMB 15,614 million of contract value Key Projects The comprehensive eco-environment project The cutter suction dredger “Tian Da” is of a village inShanghai working in Jingtang Port New Contracts Backlog Growth rate = 54.2% Growth rate = 19.2% 1

  14. Slide 14: Dredging - Financial Performance

    Dredging - Financial Performance Revenue1 Gross Profit1 Growth rate = 1.7% Growth rate = (10.7%) 20,000 4,000 12.5% 15.0% 15,355 15,614 11.0% 15,000 3,000 (RMB million) 10.0% (RMB million) 1,920 1,715 10,000 2,000 5.0% 5,000 1,000 0 0 0.0% 1H 2018 1H 2019 1H 2018 1H 2019 Gross profit margin Segment

  15. Slide 15: Capital Expenditure

    Capital Expenditure  Mainly used in investments Capital expenditure Infrastructure in BOT projects, purchases Growth rate = 0.4% Construction of self-use property, Business machinery, equipment and 25,000 vessels 20,252 20,330 20,000 682 342 597 165 476 333 Infrastructure  Mainly used in the purch

  16. Slide 16: Summary Income Statement Data

    Summary Income Statement Data Revenue Gross Profit Growth rate = 15.2% Growth rate = 0.4% 300,000 50,000 13.4% 16.0% 239,087 11.7% 250,000 207,586 40,000 12.0% (RMB million) (RMB million) 200,000 27,859 27,972 30,000 150,000 8.0% 20,000 100,000 4.0% 10,000 50,000 0 0 0.0% 1H 2018 1H 2019 1H 2018 1H

  17. Slide 17: Summary Balance Sheet Data

    Summary Balance Sheet Data RMB Million As at 2019-06-30 As at 2018-12-31 Change Non-current assets 515,063 478,974 7.5% Property, plant and equipment 55,897 56,365 (0.8%) Intangible assets 200,991 188,370 6.7% Equity instruments designated at fair value through other 27,820 21,257 30.9% comprehensiv

  18. Slide 18: Summary Balance Sheet Data

    Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 80% 75.0% 75.3% 400% 300.7% 304.6% 60% 300% 40% 200% 20% 100% 0% 0% 2018-12-31 2019-06-30 2018-12-31 2019-06-30 Total Debt/Total Capitalization1 Net Debt/Total Capital2 60% 80% 49.6% 55.1% 58.2% 41.1% 60% 40% 40%

  19. 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 (18,825) -30,000 -30,000 -40,000 (33,045) (29,114) (39,767) -50,000 -40,000 1H 2018 1H 2019 1H 2018 1H 2019 REMARKS  Net cash used

  20. 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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