China Communications Construction Co. Ltd. Class A · SSE:601800
China Communications Construction Co. Ltd. Class A — FY2012 Earnings Presentation
21 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2013
Slide 1: 2012 Annual Results Presentation
01800.HK 2012 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 2012 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) 2011-12-31 2012-12-31 Change Revenue 294,281 295,321 0.4% Gross Profit 27,908 32,598 16.8% EBITDA1 22,709 26,176 15.3% Operating Profit 16,213 19,189 18.4% Profit before income tax 15,024 15,515 3.3% Adjusted Profit before income tax2
Slide 4: New Contracts and Backlog by Business Segments
New Contracts and Backlog by Business Segments New Contracts Backlog Growth rate =12.5% Growth rate = 16.4% 600,000 800,000 514,920 700,525 700,000 16,255 1,590 5,032 500,000 457,848 24,615 601,912 28,880 34,000 6,027 38,648 600,000 2,180 26,668 23,570 27,810 27,952 400,000 37,539 31,970 22,943 500,
Slide 5: New Contracts of Infrastructure Construction Business
New Contracts of Infrastructure Construction Business New Contracts of Infrastructure 2011 2009 2012 2010 Change 变化(%) Construction Business (2012) RMB % of RMB % of RMB Growth million total million total million Domestic 283,843 77.8% 347,638 82.2% 63,795 22.5% Construction Overseas Port Constructi
Slide 6: Contribution by Business Segments - Revenue
Contribution by Business Segments - Revenue Revenue (2012) 1 2011 2009 2012 2010 Change 变化(%) RMB % of RMB % of RMB Heavy Business Growth million total million total million Machinery Others Manufacturing Infrastructure 2.1% 2.2% 227,068 75.4% 229,401 75.5% 2,333 1.0% 6.4% Construction Dredging 10.5
Slide 7: Contribution by Business Segments – Segment Result
Contribution by Business Segments – Segment Result Segment Result (2012) 1,2 2011 2009 2012 2010 Change 变化(%) RMB % of RMB % of RMB Business Growth Heavy million total million total million Machinery Manufacturing Infrastructure Others 10,762 64.4% 13,451 69.7% 2,689 25.0% -0.6% Construction Dredgin
Slide 8: Operating Cost Structure
Operating Cost Structure Cost Breakdown (2012) Cost Structure (2012) As % of operating costs1 As % of sales Others 95.1% 93.9% 16.8% Business tax and Raw materials and 100% other transaction consumables used 15.2% 15.8% taxes 35.6% 2.8% 80% 2.6% 6.2% 4.6% 2.8% 8.3% 9.3% Rentals 60% 4.9% 28.3% 28.1%
Slide 9: Infrastructure Construction – Business Performance
Infrastructure Construction – Business Performance Completed projects with RMB 229,401 million of contract value Key Projects Phase IV and V of Beilun container Hongmiao Interchange of 2nd Ring Road in terminal in Ningbo Port Wuhan is open to traffic New Contracts Backlog Growth rate = 16.0% Growth
Slide 10: Infrastructure Construction – Financial Performance
Infrastructure Construction – Financial Performance Revenue1 Gross Profit1 Growth rate = 1.0% Growth rate = 21.6% 300,000 30,000 9.7% 10.0% 8.0% 227,068 229,401 22,157 8.0% (RMB million) (RMB million) 20,000 18,215 200,000 6.0% 4.0% 100,000 10,000 2.0% 0 0 0.0% 2011 2012 2011 2012 Gross profit Gross
Slide 11: Infrastructure Design – Business Performance
Infrastructure Design – Business Performance Completed projects with RMB 16,468 million of contract value Key Projects Berth construction project of Kemen operation Nanhai Petrochemical terminal of Huizhou area of Fujian Port Port in Guangzhou New Contracts Backlog Growth rate = 2.7% Growth rate = 6
Slide 12: Infrastructure Design – Financial Performance
Infrastructure Design – Financial Performance Revenue1 Gross Profit1 Growth rate = 9.7% Growth rate = 16.4% 20,000 6,000 30.0% 16,468 25.7% 15,008 24.3% 15,000 4,239 (RMB million) (RMB million) 3,641 4,000 20.0% 10,000 5,000 2,000 10.0% 0 0 0.0% 2011 2012 2011 2012 Gross profit Gross profit margin S
Slide 13: Dredging - Business Performance
Dredging - Business Performance Completed projects with RMB 32,027 million of contract value Key Projects West Artificial Island of Hong Kong-Zhuhai- “Jun Hai 2”is working at the South Harbour of Macau Bridge Colombo in Sri Lanka New Contracts Backlog Growth rate = 3.0% Growth rate = 3.3% New 50,000
Slide 14: Dredging – Financial Performance
Dredging – Financial Performance Revenue1 Gross Profit1 Growth rate = -0.9% 40,000 6,000 14.1% 14.2% 15.0% 32,321 32,027 4,548 4,548 30,000 (RMB million) (RMB million) 4,000 10.0% 20,000 2,000 5.0% 10,000 0 0 0.0% 2011 2012 2011 2012 Gross profit Gross profit margin Segment Result1,2 REMARKS Growth
Slide 15: Heavy Machinery Manufacturing - Business Performance
Heavy Machinery Manufacturing - Business Performance Completed projects with RMB 19,317 million of contract value Key Projects Container cranes are arrived at 4500t floating crane Baltimore Port of US New Contracts Backlog Growth rate = -7.7% Growth rate = -41.5% New 30,000 26,668 30,000 27,810 Cont
Slide 16: Heavy Machinery Manufacturing – Financial Performance
Heavy Machinery Manufacturing – Financial Performance Revenue1 Gross Profit1 Growth rate = -4.2% Growth rate = -8.0% 1,500 5.2% 5.0% 6.0% 25,000 20,166 19,317 1,056 20,000 971 (RMB million) (RMB million) 1,000 4.0% 15,000 10,000 500 2.0% 5,000 0 0 0.0% 2011 2012 2011 2012 Gross profit Gross profit m
Slide 17: Capital Expenditure
Capital Expenditure Capital expenditure Growth rate 23.7% Mainly used in investments Infrastructure in BOT projects, purchases 25,000 Construction of machinery, equipments 22,286 Business and vessels 511 69 20,000 2,896 18,021 349 33 896 Infrastructure Mainly used in the purchase 2,832 Design 15
Slide 18: Summary Income Statement Data
Summary Income Statement Data Revenue Gross Profit Growth rate = 0.4% Growth rate = 16.8% 350,000 50,000 11.0% 12.0% 294,281 295,321 9.5% 280,000 40,000 32,598 (RMB million) (RMB million) 8.0% 30,000 27,908 210,000 20,000 140,000 4.0% 10,000 70,000 0 0.0% 0 2011 2012 2011 2012 Gross profit Gross pro
Slide 19: Summary Balance Sheet Data
Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 77.4% 77.8% 80% 500% 395.8% 389.2% 400% 60% 300% 40% 200% 20% 100% 0% 0% 2011-12-31 2012-12-31 2011-12-31 2012-12-31 Total Debt/Total Capitalization1 Net Debt/Net Assets 80% 100% 79.8% 60.0% 75.1% 56.7% 80% 60% 60
Slide 20: Summary Cash Flow Statement Data
Summary Cash Flow Statement Data Cash Flow from Operating Activities Cash Flow from Investing Activities 15,000 13,339 0 -5,000 (RMB million) (RMB million) 10,000 -10,000 -15,000 5,000 -14,037 1,767 -20,000 -19,504 0 -25,000 2011 2012 2011 2012 Cash Flow from Financing Activities Net Increase in Cas
Slide 21: Thank You
Thank You Investor Relations Team YU Jingjing, TAN Lu, ZHAO Yang, LI Yilin Tel: +86-10-8201 6562 Fax: +86-10-8201 6524 Email: [email protected]
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