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

China Communications Construction Co. Ltd. Class A — H1 2012 Earnings Presentation

22 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2012

  1. Slide 1: 2012 Interim Results Presentation

    01800.HK 2012 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 2012 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 Six Months Ended RMB million (except per share data) 2011-6-30 2012-6-30 Change Revenue 138,925 124,737 -10.2% Gross Profit 12,014 13,543 12.7% EBITDA1 10,619 11,391 7.3% Operating Profit 7,449 8,137 9.2% Profit before income tax 7,310 6,301 -13.8% Adjusted Profit before income tax

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

    New Contracts and Backlog by Business Segments New Contracts Backlog Growth rate =2.9% Growth rate = 30.4% 693,940 250,000 235,998 700,000 1,790 229,324 30,087 3,166 2,419 2,420 13,759 32,745 14,221 31,120 17,567 600,000 200,000 18,707 8,692 532,212 8,734 2,530 31,849 500,000 29,411 18,099 150,000 (

  5. Slide 5: New Contracts of Infrastructure Construction Business

    New Contracts of Infrastructure Construction Business New Contracts of Infrastructure 2011 2009 1H 2012 2010 1H Change 变化(%) Construction Business (2012 1H) RMB % of RMB % of RMB Growth million total million total million Domestic 155,649 84.4% 148,744 76.8% (6,905) (4.4%) Port Construction Overseas

  6. Slide 6: Contribution by Business Segments - Revenue

    Contribution by Business Segments - Revenue Revenue (2012 1H) 1 2011 2009 1H 2012 2010 1H Change 变化(%) RMB % of RMB % of RMB Business Growth million total million total million Heavy Machinery Infrastructure Others 107,834 76.3% 94,330 73.8% (13,504) (12.5%) Manufacturing Construction 2.2% 8.2% Dred

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

    Contribution by Business Segments – Segment Result Segment Result (2012 1H) 1,2 2011 2009 1H 2012 2010 1H Change 变化(%) RMB % of RMB % of RMB Business Growth Heavy million total million total million Machinery Infrastructure Manufacturing 4,926 65.5% 5,240 65.1% 314 6.4% Others Construction 4.8% Dred

  8. Slide 8: Operating Cost Structure

    Operating Cost Structure Cost Breakdown (2012 1H) Cost Structure (2012 1H) As % of operating costs1 As % of sales 95.3% 93.9% 100% Others 14.8% 15.7% 16.7% 2.8% Business tax and Raw materials and 80% 2.6% 6.4% 5.1% other transaction consumables used 7.7% 8.7% taxes 33.9% 60% 2.8% 29.1% 29.9% Rentals

  9. Slide 9: Infrastructure Construction – Business Performance

    Infrastructure Construction – Business Performance Completed projects with RMB 94,330 million of contract value Key Projects Dalian LNG terminal Closure of Lishuihe Mega Bridge New Contracts Backlog Growth rate = 4.9% Growth rate = 32.8% 193,560 598,198 200,000 184,496 New 600,000 Contracts 450,323

  10. Slide 10: Infrastructure Construction – Financial Performance

    Infrastructure Construction – Financial Performance Revenue1 Gross Profit1 Growth rate = -12.5% Growth rate = 15.1% 120,000 107,834 15,000 9.4% 10.0% 94,330 7.1% 8.0% (RMB million) (RMB million) 80,000 10,000 8,870 7,706 6.0% 4.0% 40,000 5,000 2.0% 0 0 0.0% 2011 1H 2012 1H 2011 1H 2012 1H Gross prof

  11. Slide 11: Infrastructure Design – Business Performance

    Infrastructure Design – Business Performance Completed projects with RMB 6,065 million of contract value Key Projects Interchange bridge of Gansu Section of Shiyan- Ramp bridge of Shenzhen Outer ring road Tianshui National Highway New Contracts Backlog Growth rate = -0.5% Growth rate = 71.9% 10,000

  12. Slide 12: Infrastructure Design – Financial Performance

    Infrastructure Design – Financial Performance Revenue1 Gross Profit1 Growth rate = 1.7% Growth rate = 6.7% 8,000 3,000 30.0% 23.8% 25.0% 5,963 6,065 (RMB million) 6,000 (RMB million) 2,000 1,515 20.0% 1,420 4,000 1,000 10.0% 2,000 0 0 0.0% 2011 1H 2012 1H 2011 1H 2012 1H Gross profit Gross profit ma

  13. Slide 13: Dredging - Business Performance

    Dredging - Business Performance Completed projects with RMB 14,194 million of contract value Key Projects Tianjin South Harbour is under construction “Jun Hai 2” is working at the South Harbour of Colombo in Sri Lankan New Contracts Backlog Growth rate = -6.1% Growth rate = 11.3% New 20,000 18,707 1

  14. Slide 14: Dredging – Financial Performance

    Dredging – Financial Performance Revenue1 Gross Profit1 Growth rate = -8.9% Growth rate = -15.4% 18,000 15,586 3,000 14.9% 13.9% 16.0% 14,194 2,325 1,966 12.0% (RMB million) (RMB million) 12,000 2,000 8.0% 6,000 1,000 4.0% 0 0 0.0% 2011 1H 2012 1H 2011 1H 2012 1H Gross profit Gross profit margin Seg

  15. Slide 15: Heavy Machinery Manufacturing - Business Performance

    Heavy Machinery Manufacturing - Business Performance Completed projects with RMB 10,526 million of contract value Key Projects Quayside container crane with the largest Rubble bed leveling barge outreach in the world arrived at German Wilhelmshaven Harbour New Contracts Backlog Growth rate = -3.2% G

  16. Slide 16: Heavy Machinery Manufacturing – Financial Performance

    Heavy Machinery Manufacturing – Financial Performance Revenue1 Gross Profit1 Growth rate = 17.4% Growth rate = 252.5% 12,000 1,500 8.7% 10.0% 10,526 8,965 8.0% (RMB million) 913 (RMB million) 8,000 1,000 6.0% 2.9% 4.0% 4,000 500 259 2.0% 0 0 0.0% 2011 1H 2012 1H 2011 1H 2012 1H Gross profit Gross pr

  17. Slide 17: Capital Expenditure

    Capital Expenditure Capital expenditure Growth rate = 11.3%  Mainly used in investments Infrastructure in BOT projects, purchases 9,000 8,178 Construction of machinery, equipments Business 7,350 166 34 and vessels 822 11 510 282 1,284 Infrastructure 6,000  Mainly used in the purchase Design 86 (RM

  18. Slide 18: Summary Income Statement Data

    Summary Income Statement Data Revenue Gross Profit Growth rate = -10.2% Growth rate = 12.7% 160,000 138,925 124,737 20,000 10.9% 12.0% 120,000 8.6% (RMB million) 13,543 (RMB million) 12,014 8.0% 80,000 10,000 4.0% 40,000 0 0 0.0% 2011 1H 2012 1H 2011 1H 2012 1H Gross profit Gross profit margin Profi

  19. Slide 19: Summary Balance Sheet Data

    Summary Balance Sheet Data RMB millions As at 2011-12-31 As at 2012-6-30 Change（%） Non-Current Assets 135,496 141,638 4.5% Property, plant and equipment 55,148 55,040 -0.2% Intangible assets 23,902 28,286 18.3% Available-for-sale financial assets 12,846 12,164 -5.3% Trade and other receivables 28,94

  20. Slide 20: Summary Balance Sheet Data

    Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 77.4% 78.1% 400% 80% 350.6% 356.9% 300% 60% 40% 200% 20% 100% 0% 0% 2011-12-31 2012-06-30 2011-12-31 2012-06-30 Total Debt/Total Capitalization1 Net Debt/Net Assets 100% 90.5% 80% 60.1% 78.1% 56.7% 80% 60% 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 -4,000 (RMB million) (RMB million) -5,000 -8,000 -6,471 -5,210 -12,000 -11,069 -7,633 -10,000 -16,000 2011 1H 2012 1H 2011 1H 2012 1H Cash Flow from Financing Activities Net Increase in Cash

  22. Slide 22: Thank You

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

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