China Communications Construction Co. Ltd. Class A · SSE:601800
China Communications Construction Co. Ltd. Class A — FY2019 Earnings Presentation
20 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2020
Slide 1: 2019 Annual Results Presentation
01800.HK 2019 Annual 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 2019 annual results announcement presentation. Copying or redistribution of this document to any person is strictly prohibited. The distribution of th
Slide 3: Financial Summary
Financial Summary Year Ended RMB million (except per share data) 2019 2018 Change Revenue 552,542 488,666 13.1% Gross Profit 69,131 64,611 7.0% Operating Profit 34,071 33,321 2.3% EBITDA1 46,299 43,453 6.5% Profit before income tax 27,462 26,046 5.4% Profit attributable to owners of the parent 20,09
Slide 4: New Contracts and Backlog by Business Segments
New Contracts and Backlog by Business Segments New Contracts Backlog Growth rate = 8.1% Growth rate = 18.3% 1,999,086 1,500,000 962,683 2,100,000 1,689,738 8,660 95,017 890,873 85,062 1,800,000 1,200,000 6,890 79,312 77,171 1,500,000 10,467 900,000 13,809 52,783 47,509 1,200,000 (RMB million) 56,983
Slide 5: New Contracts of Infrastructure Construction Business
New Contracts of Infrastructure Construction Business New Contracts of Infrastructure 2019 2009 2018 2010 Change 变化(%) Construction Business (2019) RMB % of RMB % of RMB Growth million total million total million Port Domestic Construction 664,140 78.0% 619,962 80.4% 44,178 7.1% Construction Oversea
Slide 6: Contribution by Business Segments - Revenue
Contribution by Business Segments - Revenue Revenue (2019) 1 2019 2009 2018 2010 Change 变化(%) RMB % of RMB % of RMB Business Growth million total million total million Dredging Others 6.0% 1.4% Infrastructure 492,814 86.0% 431,817 85.0% 60,997 14.1% Construction Infrastructure Design Infrastructure
Slide 7: Contribution by Business Segments - Segment Result
Contribution by Business Segments - Segment Result Segment Result (2019) 1 2019 2009 2018 2010 Change 变化(%) RMB % of RMB % of RMB Business Growth Dredging Others million total million total million 5.1% 1.1% Infrastructure 28,336 82.8% 27,726 82.5% 610 2.2% Construction Infrastructure Design Infrast
Slide 8: Operating Cost Structure
Operating Cost Structure Cost Breakdown (2019) Cost Structure (2019) As % of operating costs1 As % of sales Raw materials and 100% 93.5% 94.0% Other consumables used expenses 29.7% 20.4% 19.6% 20.9% 80% 2.7% 2.3% 9.1% 9.0% 60% Rentals 33.6% 35.1% 40% 2.5% 20% Employee benefits 27.7% 28.0% 9.6% 0% 20
Slide 9: Infrastructure Construction - Business Performance
Infrastructure Construction - Business Performance Completed projects with RMB492,814 million of contract value Key Projects Nairobi-Malabar Railway in Kenya Project of Integrated Urban Development in successfully put into operation Jianzhou New Town, Chengdu City (Effect Picture) New Contracts Back
Slide 10: Infrastructure Construction - Financial Performance
Infrastructure Construction - Financial Performance Revenue1 Gross Profit1 Growth rate = 14.1% Growth rate = 9.3% 500,000 492,814 100,000 15.0% 431,817 12.1% 11.6% 400,000 80,000 (RMB million) (RMB million) 57,270 10.0% 300,000 60,000 52,404 200,000 40,000 5.0% 100,000 20,000 0 0 0.0% 2018 2019 2018
Slide 11: Infrastructure Design - Business Performance
Infrastructure Design - Business Performance Completed projects with RMB 38,018 million of contract value Key Projects Pingtang Extra Large Bridge in Guizhou, Karakoram Highway Phase II Project in Pakistan the highest concrete tower bridge in the world open to traffic New Contracts Backlog Growth ra
Slide 12: Infrastructure Design - Financial Performance
Infrastructure Design - Financial Performance Revenue1 Gross Profit1 Growth rate = 20.5% Growth rate = 9.1% 40,000 38,018 20.9% 12,000 19.0% 31,557 20.0% 30,000 9,000 (RMB million) 7,210 15.0% (RMB million) 6,608 20,000 6,000 10.0% 10,000 3,000 5.0% 0 0 0.0% 2018 2019 2018 2019 Gross profit margin S
Slide 13: Dredging - Business Performance
Dredging - Business Performance Completed projects with RMB 34,578 million of contract value Key Projects “Xin Hai Feng" is working in Yangtze River Estuary Dredging and Backfilling Project of New Deepwater Channel Container Terminal at Diba Bay in East Timor New Contracts Backlog Growth rate = (7.4
Slide 14: Dredging - Financial Performance
Dredging - Financial Performance Revenue1 Gross Profit1 Growth rate = 5.4% Growth rate = (7.7%) 40,000 14.4% 32,796 34,578 8,000 12.6% 15.0% 30,000 (RMB million) 6,000 (RMB million) 4,717 4,356 10.0% 20,000 4,000 10,000 5.0% 2,000 0 0 0.0% 2018 2019 2018 2019 Gross profit margin Segment Result1,2 Gr
Slide 15: Capital Expenditure
Capital Expenditure ♦ Mainly used in investments Capital expenditure Infrastructure in BOT projects, purchases Growth rate = 15.0% Construction of self-use property, 50,000 46,914 Business machinery, equipment and 470 vessels 40,788 1,313 704 40,000 926 44,427 1,503524 Infrastructure ♦ Mainly used i
Slide 16: Summary Income Statement Data
Summary Income Statement Data Revenue Gross Profit Growth rate = 13.1% Growth rate = 7.0% 600,000 552,542 120,000 16.0% 488,666 13.2% 12.5% 90,000 12.0% (RMB million) (RMB million) 400,000 64,611 69,131 60,000 8.0% 200,000 30,000 4.0% 0 0 0.0% 2018 2019 2018 2019 Gross profit margin Profit attributa
Slide 17: Summary Balance Sheet Data
Summary Balance Sheet Data RMB Million As at 2019-12-31 As at 2018-12-31 Change Non-current assets 591,631 478,974 23.5% Property, plant and equipment 57,471 56,365 2.0% Intangible assets 219,227 188,370 16.4% Equity instruments designated at fair value through other 25,018 21,257 17.7% comprehensiv
Slide 18: Summary Balance Sheet Data
Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 80% 75.0% 73.6% 400% 300.7% 60% 300% 278.0% 40% 200% 20% 100% 0% 0% 2018-12-31 2019-12-31 2018-12-31 2019-12-31 Total Debt/Total Capitalization1 Net Debt/Total Capital2 80% 80% 60% 55.1% 53.3% 60% 41.1% 42.6% 40%
Slide 19: Summary Cash Flow Statement Data
Summary Cash Flow Statement Data Cash Flow from Operating Activities Cash Flow from Investing Activities 20,000 0 15,000 -20,000 (RMB million) (RMB million) 10,000 9,098 -40,000 5,931 -60,000 (50,312) 5,000 (65,713) 0 -80,000 2018 2019 2018 2019 REMARKS ♦ Net cash generated from operating activities
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
China Communications Construction Company — FY2019 Earnings Presentation on 6ix