China Communications Construction Co. Ltd. Class A · SSE:601800
China Communications Construction Co. Ltd. Class A — FY2015 Earnings Presentation
22 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2016
Slide 1: 2015 Annual Results Presentation
01800.HK 2015 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 2015 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) 2015-12-31 2014-12-31 Change Revenue 403,616 366,042 10.3% Gross Profit 49,754 39,272 26.7% EBITDA1 34,313 31,782 8.0% Operating Profit 25,798 23,785 8.5% Profit before income tax 19,671 17,604 11.7% Profit attributable to owners of th
Slide 4: New Contracts and Backlog by Business Segments
New Contracts and Backlog by Business Segments New Contracts1 Backlog1 Growth rate =6.9% Growth rate = 6.0% 867,298 900,000 900,000 818,280 1,721 22,685 680 43,341 608,417 650,315 21,546 35,686 46,518 720,000 40,736 720,000 5,331 5,095 32,714 33,032 41,194 540,000 36,032 35,929 540,000 (RMB million)
Slide 5: New Contracts of Infrastructure Construction Business
New Contracts of Infrastructure Construction Business New Contracts of Infrastructure 2015 2009 2014 2010 Change 变化(%) Construction Business (2015) RMB % of RMB % of RMB Growth million total million total million Domestic 403,207 74.7% 397,625 79.0% 5,582 1.4% Construction Port Construction Port Ove
Slide 6: Contribution by Business Segments - Revenue
Contribution by Business Segments - Revenue Revenue (2015) 1 2015 2009 2014 2010 Change 变化(%) Heavy RMB % of RMB % of RMB Business Growth Machinery million total million total million Manufacturing Others 5.5% Infrastructure 1.0% 345,475 80.0% 298,986 76.8% 46,489 15.5% Dredging Construction 7.8% In
Slide 7: Contribution by Business Segments - Segment Result
Contribution by Business Segments - Segment Result Segment Result (2015) 1 2015 2009 2014 2010 Change 变化(%) Heavy RMB % of RMB % of RMB Business Growth Machinery million total million total million Manufacturing Others 5.7% 0.3% Infrastructure 18,259 69.3% 15,605 68.7% 2,654 17.0% Construction Dredg
Slide 8: Operating Cost Structure
Operating Cost Structure Cost Breakdown (2015) Cost Structure (2015) As % of operating costs1 As % of sales 94.4% 94.3% 100% Others Raw materials and 16.2% 19.1% 20.2% consumables used 80% 2.5% 30.8% 4.0% 2.5% 4.2% 9.6% Business tax and other 9.5% transaction taxes 60% 2.7% 31.8% 30.0% Rentals 40% 4
Slide 9: Infrastructure Construction - Business Performance
Infrastructure Construction - Business Performance Completed projects with RMB 345,475 million of contract value Key Projects Xinghai Bay Bridge in Dalian Mombasa-Nairobi Railway in Kenya New Contracts Backlog Growth rate = 7.2% Growth rate = 5.3% 800,000 800,000 757,842 New 719,632 Contracts 600,00
Slide 10: Infrastructure Construction - Financial Performance
Infrastructure Construction - Financial Performance Revenue1 Gross Profit1 Growth rate = 29.4% Growth rate = 15.5 % 500,000 50,000 10.1% 12.0% 400,000 345,475 40,000 9.1% 35,052 (RMB million) (RMB million) 298,986 27,085 8.0% 300,000 30,000 200,000 20,000 4.0% 100,000 10,000 0 0 0.0% 2014 2015 2014
Slide 11: Infrastructure Design - Business Performance
Infrastructure Design - Business Performance Completed projects with RMB 24,483 million of contract value Key Projects The heavy cargo wharf project in Jazan, Saudi Arabia Guizhou Daozhen-Weng’an Highway New Contracts Backlog Growth rate = 15.4% Growth rate = 14.2% 50,000 50,000 46,518 New 40,736 Co
Slide 12: Infrastructure Design - Financial Performance
Infrastructure Design - Financial Performance Revenue1 Gross Profit1 Growth rate =16.1% Growth rate = 13.5% 30,000 10,000 30.0% 24,483 21.7% 21,086 8,000 21.3% (RMB million) (RMB million) 20,000 5,206 20.0% 6,000 4,586 4,000 10,000 10.0% 2,000 0 0 0.0% 2014 2015 2014 2015 Gross profit Gross profit m
Slide 13: Dredging - Business Performance
Dredging - Business Performance Completed projects with RMB 33,515 million of contract value Key Projects Dredging works for the seagoing channel of “Jun Yang 1”, a mega self-propelled trailing suction Guangzhou Port hopper dredger New Contracts Backlog Growth rate = 14.3% Growth rate = 21.5% New 50
Slide 14: Dredging - Financial Performance
Dredging - Financial Performance Revenue1 Gross Profit1 Growth rate = 19.6% Growth rate = 43.8% 40,000 8,000 16.4% 18.0% 33,515 28,020 13.6% 5,486 30,000 6,000 (RMB million) (RMB million) 3,814 12.0% 20,000 4,000 6.0% 10,000 2,000 0 0 0.0% 2014 2015 2014 2015 Gross profit Gross profit margin Segment
Slide 15: Heavy Machinery Manufacturing - Business Performance
Heavy Machinery Manufacturing - Business Performance Completed projects with RMB 24,104 million of contract value Key Projects Xiamen Yuanhai automatic container terminal Quayside container cranes for Columbian Port New Contracts Backlog Growth rate = (1.0%) Growth rate = 5.3% New 40,000 40,000 33,0
Slide 16: Heavy Machinery Manufacturing - Financial Performance
Heavy Machinery Manufacturing - Financial Performance Revenue1 Gross Profit1 Growth rate = (9.8%) Growth rate = 0.5% 26,733 8,000 20.0% 30,000 24,104 14.6% 6,000 13.1% 15.0% (RMB million) (RMB million) 20,000 4,000 3,514 3,531 10.0% 10,000 2,000 5.0% 0 0 0.0% 2014 2015 2014 2015 Gross profit Gross p
Slide 17: Capital Expenditure
Capital Expenditure Capital expenditure (RMB million) Mainly used in capital Infrastructure injection in BOT projects, Construction purchases of self-use 62,270 Business property as well as 45 machinery and equipment 60,000 51,653 2,565 2,306 441 30 56,913 1,332 408 1,649 Infrastructure Mainly u
Slide 18: Summary Income Statement Data
Summary Income Statement Data Revenue Gross Profit Growth rate = 10.3% Growth rate = 26.7% 500,000 70,000 12.3% 403,616 60,000 10.7% 12.0% 400,000 366,042 49,754 (RMB million) 50,000 (RMB million) 300,000 39,272 40,000 8.0% 200,000 30,000 20,000 4.0% 100,000 10,000 0 0 0.0% 2014 2015 2014 2015 Gross
Slide 19: Summary Balance Sheet Data
Summary Balance Sheet Data RMB Million As at 2014-12-31 As at 2015-12-31 Change % Non-current assets 275,251 338,575 23.0% Property, plant and equipment 63,377 67,973 7.3% Intangible assets 90,378 141,345 56.4% Available-for-sale financial assets 22,205 22,322 0.5% Trade and other receivables 75,902
Slide 20: Summary Balance Sheet Data
Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 79.1% 76.9% 80% 500% 378.8% 400% 60% 332.7% 300% 40% 200% 20% 100% 0% 0% 2014 2015 2014-12-31 2015-12-31 Total Debt/ Total Capitalization1 Net debt / Total Capital2 60% 54.4% 80% 48.7% 63.5% 60.2% 60% 40% 40% 20%
Slide 21: Summary Cash Flow Statement Data
Summary Cash Flow Statement Data Cash Flow from Operating Activities Cash Flow from Investing Activities 36,000 0 31,913 -10,000 27,000 (RMB million) (RMB million) -20,000 18,000 -30,000 9,000 4,408 -40,000 0 -50,000 (45,505) (45,473) 2014 2015 2014 2015 REMARKS Net cash generated from operating a
Slide 22: 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: [email protected]
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