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

China Communications Construction Co. Ltd. Class A — FY2013 Earnings Presentation

22 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2014

  1. Slide 1: 2013 Annual Results Presentation

    01800.HK 2013 Annual 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 2013 annual results announcement presentation. Copying or redistribution of this document to any person is strictly prohibited. The distribution of th

  3. Slide 3: Financial Summary

    Financial Summary Year Ended RMB million 2013-12-31 2012-12-31 (except per share data) (Audited) (Restated) Change Revenue 331,798 295,321 12.4% Gross Profit 33,938 32,598 4.1% EBITDA1 27,617 26,212 5.4% Operating Profit 19,575 19,225 1.8% Profit before income tax 15,852 15,551 1.9% Profit attributa

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

    New Contracts and Backlog by Business Segments New Contracts Backlog Growth rate = 5.5% Growth rate = 5.4% 600,000 800,000 738,055 543,261 18 333 700,525 19,026 514,920 27,850 1,590 29,760 5,032 700,000 16,255 500,000 24,615 39,336 28,880 35,545 34,000 38,648 25,191 600,000 23,570 400,000 500,000 (R

  5. Slide 5: New Contracts of Infrastructure Construction Business

    New Contracts of Infrastructure Construction Business New Contracts of Infrastructure 2013 2009 2012 2010 Change 变化(%) Construction Business (2013) RMB % of RMB % of RMB Growth million total million total million Domestic 346,311 76.9% 347,638 82.2% (1,327) (0.4%) Construction Port Port Overseas 42,

  6. Slide 6: Contribution by Business Segments - Revenue

    Contribution by Business Segments - Revenue Revenue (2013) 1 2013 2009 2012 2010 Change 变化(%) RMB % of RMB % of RMB Business Growth Heavy million total million total million Machinery Others Manufacturing 1.1% Infrastructure 264,146 76.8% 229,401 75.6% 34,745 15.1% 7.0% Construction Dredging 9.5% In

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

    Contribution by Business Segments – Segment Result Segment Result (2013)1 2013 2009 2012 2010 Change 变化(%) RMB % of RMB % of RMB Business Growth million total million total million Heavy Machinery Infrastructure Manufacturing Others 13,464 67.7% 13,465 69.6% (1) 0.0% Construction 0.4% 0.8% Dredging

  8. Slide 8: Operating Cost Structure

    Operating Cost Structure Cost Breakdown (2013) Cost Structure (2013) As % of operating costs1 As % of sales Business tax and Others 93.9% 94.7% other 16.8% Raw materials and 100% transaction consumables 15.8% 15.9% taxes used 2.8% 80% 2.6% 2.6% 34.6% 4.6% 4.3% 9.3% 9.2% 60% Rentals 4.5% 28.1% 29.9%

  9. Slide 9: Infrastructure Construction – Business Performance

    Infrastructure Construction – Business Performance Completed projects with RMB 264,146 million of contract value Key Projects Fujian LNG Terminal Xiamen-Zhangzhou Cross-sea Bridge New Contracts Backlog Growth rate = 6.5% Growth rate = 5.5% New 500,000 450,551 653,706 423,055 619,800 Contracts 400,00

  10. Slide 10: Infrastructure Construction – Financial Performance

    Infrastructure Construction – Financial Performance Revenue1 Gross Profit1 Growth rate = 15.1% Growth rate = 3.5% 40,000 9.7% 10.0% 300,000 264,146 8.7% 229,401 8.0% 30,000 (RMB million) (RMB million) 22,157 22,931 200,000 6.0% 20,000 4.0% 100,000 10,000 2.0% 0 0 0.0% 2012 2013 2012 2013 Gross profi

  11. Slide 11: Infrastructure Design – Business Performance

    Infrastructure Design – Business Performance Completed projects with RMB 19,394 million of contract value Key Projects Guangming Highway in Guangdong Dongjiakou Ore Terminal of Huanghua Port in Qingdao New Contracts Backlog Growth rate = 6.9% Growth rate = 4.5% 30,000 40,000 New 35,545 25,191 34,000

  12. Slide 12: Infrastructure Design – Financial Performance

    Infrastructure Design – Financial Performance Revenue1 Gross Profit1 Growth rate = 17.8% Growth rate = 9.2% 19,394 8,000 30.0% 20,000 25.7% 16,468 23.9% 6,000 (RMB million) 15,000 (RMB million) 4,239 4,627 20.0% 10,000 4,000 10.0% 5,000 2,000 0 0 0.0% 2012 2013 2012 2013 Gross profit Gross profit ma

  13. Slide 13: Dredging - Business Performance

    Dredging - Business Performance Completed projects with RMB 32,789 million of contract value Key Projects Shantou New City Reclamation On working dredging vessels New Contracts Backlog Growth rate = 1.8% Growth rate = 3.0% New 50,000 40,000 Contracts 38,648 39,336 40,000 28,880 29,760 and 30,000 (RM

  14. Slide 14: Dredging – Financial Performance

    Dredging – Financial Performance Revenue1 Gross Profit1 Growth rate = 2.4% 40,000 8,000 14.2% 15.0% 13.8% 32,027 32,789 30,000 6,000 (RMB million) (RMB million) 4,548 4,516 10.0% 20,000 4,000 5.0% 10,000 2,000 0 0 0.0% 2012 2013 2012 2013 Gross profit Gross profit margin Segment Result1,2 REMARKS Gr

  15. Slide 15: Heavy Machinery Manufacturing - Business Performance

    Heavy Machinery Manufacturing - Business Performance Completed projects with RMB 24,171 million of contract value Key Projects New quayside container crane export to The first Drilling platform constructed by ZPMC Australia successfully launched New Contracts Backlog Growth rate = 13.1% Growth rate

  16. Slide 16: Heavy Machinery Manufacturing – Financial Performance

    Heavy Machinery Manufacturing – Financial Performance Revenue1 Gross Profit1 Growth rate = 25.1% Growth rate = 65.2% 6.6% 2,500 30,000 24,171 6.0% 2,000 5.0% 1,604 19,317 (RMB million) (RMB million) 20,000 1,500 4.0% 971 1,000 10,000 2.0% 500 0 0 0.0% 2012 2013 2012 2013 Gross profit Gross profit ma

  17. Slide 17: Capital Expenditure

    Capital Expenditure Capital expenditure Growth rate 20.6%  Mainly used in investments Infrastructure 30,000 in BOT projects, purchases Construction 26,868 of machinery, equipments Business 1,280 and vessels 253 25,000 804 22,286 269 69 511 Infrastructure 20,000 2,896  Mainly used in the purchase 3

  18. Slide 18: Summary Income Statement Data

    Summary Income Statement Data Revenue Gross Profit Growth rate = 12.4% Growth rate = 4.1% 50,000 11.0% 12.0% 400,000 10.2% 331,798 40,000 33,938 295,321 32,598 (RMB million) 300,000 8.0% 30,000 (RMB million) 200,000 20,000 4.0% 10,000 100,000 0 0.0% 2012 2013 0 2012 2013 Gross profit Gross profit ma

  19. Slide 19: Summary Balance Sheet Data

    Summary Balance Sheet Data As at 2013-12-31 As at 2012-12-31 RMB millions （Audited） （Restated） Change（%） Non-Current Assets 198,592 162,669 22.1% Property, plant and equipment 55,619 56,812 (2.1%) Intangible assets 54,592 36,519 49.5% Available-for-sale financial assets 13,913 14,462 (3.8%) Trade an

  20. Slide 20: Summary Balance Sheet Data

    Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 77.9% 79.7% 80% 500% 393.6% 400% 351.8% 60% 300% 40% 200% 20% 100% 0% 0% 2012-12-31 2013-12-31 2012-12-31 2013-12-31 Total Debt/Total Capitalization1 Net Debt/Net Assets 140% 80% 64.1% 100.9% 60.0% 105% 60% 79.8%

  21. Slide 21: Summary Cash Flow Statement Data

    Summary Cash Flow Statement Data Cash Flow from Operating Activities Cash Flow from Investing Activities 16,000 13,307 -5,000 12,000 (RMB million) (RMB million) -15,000 8,000 6,972 -19,504 -25,000 4,000 -28,086 0 -35,000 2012 2013 2012 2013 Cash Flow from Financing Activities Net Decrease in Cash an

  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: [email protected]

China Communications Construction Company — FY2013 Earnings Presentation on 6ix