China Communications Construction Co. Ltd. Class A · SSE:601800
China Communications Construction Co. Ltd. Class A — FY2009 Earnings Presentation
21 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2010
Slide 1: 2009 Annual Results Presentation
(A joint stock limited company incorporated in the people’s Republic of China with limited liability) Stock Code : 1800 2009 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 2009 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 Strong performance despite challenging global economic environment Years Ended RMB million (except per share data) 2008-12-31 2009-12-31 Change Revenue 178,889 226,920 26.8% EBITDA1 15,387 17,068 10.9% Operating Profit 11,887 12,524 5.4% Profit attributable to the equity holders of
Slide 4: New Contracts and Backlog by Business Segments
New Contracts and Backlog by Business Segments New Contracts Backlog Growth rate = 27.3% Growth rate = 27.4% 400,000 480,000 360,363 426,027 4,336 2,389 350,000 27,439 30,011 400,000 283,040 29,677 23,895 334,300 12,080 300,000 11,862 5,893 3,300 30,935 320,000 35,565 250,000 24,356 18,920 (RMB mill
Slide 5: Contribution by Business Segments
Contribution by Business Segments Revenue (2009) 1 Segment Result (2009) 1,2 Heavy Heavy Others Others Machinery Machinery 2.4% 1.5% Manufacturing Manufacturing 11.7% 11.4% Dredging 10.6% Dredging Infrastructure 23.1% Infrastructure Design Construction 3.8% 54.0% Infrastructure Construction Infrastr
Slide 6: Operating Cost Structure
Operating Cost Structure Cost Breakdown (2009) Cost Structure (2009) As % of operating costs1 As % of sales 94.5% 94.9% 100% 90% 14.9% 15.4% Others Transportation 16.2% 3.0% 1.6% 80% 5.3% 5.5% costs Raw materials 7.2% 6.8% and 70% 1.7% consumables Rentals 60% used 25.5% 26.2% 5.8% 50% 41.5% Employee
Slide 7: Infrastructure Construction – Business Performance
Infrastructure Construction – Business Performance Completed projects with RMB 165,563 million of contract value Key Projects Chaotianmen Yangtze River Bridge, Harbin-Dalian PDL under construction with the longest span of steel-box girder globally New Contracts Backlog Growth rate = 35.4% Growth rat
Slide 8: Infrastructure Construction – Financial Performance
Infrastructure Construction – Financial Performance Revenue1 Gross Profit1 Growth rate = 35.6% Growth rate = 38.1% 200,000 15,000 7.3% 7.4% 8.0% 165,563 12,276 150,000 12,000 (RMB million) 122,107 6.0% (RMB million) 8,890 9,000 100,000 4.0% 6,000 50,000 2.0% 3,000 0 0 0.0% 2008 2009 2008 2009 Gross
Slide 9: Infrastructure Design – Business Performance
Infrastructure Design – Business Performance Completed projects with RMB 8,874 million of contract value Key Projects The artificial island of Hong Kong-Zhuhai- Qingdao 300,000t-class Oil Terminal Macau Bridge New Contracts Backlog Growth rate = 20.9% Growth rate = 10.2% 12,000 11,862 15,000 New 9,8
Slide 10: Infrastructure Design – Financial Performance
Infrastructure Design – Financial Performance Revenue1 Gross Profit1 Growth rate = 15.9% Growth rate = 14.2% 12,000 3,000 27.2% 26.8% 30.0% 8,874 2,376 7,655 2,081 24.0% 9,000 2,250 (RMB million) (RMB million) 18.0% 6,000 1,500 12.0% 3,000 750 6.0% 0 0 0.0% 2008 2009 2008 2009 Gross profit Gross pro
Slide 11: Dredging - Business Performance
Dredging - Business Performance Completed approximately 980 million cubic meters in terms of dredging volume, representing approximately 80% of the total domestic coastal dredging volume in China Key Projects “Tian Lin”, the largest non-self-propelled cutter Channel Extension project of Tianjin Port
Slide 12: Dredging – Financial Performance
Dredging – Financial Performance Revenue1 Gross Profit1 Growth rate = 29.1% Growth rate = 34.8% 30,000 4,500 14.3% 14.9% 16.0% 24,506 3,650 22,500 18,986 3,600 (RMB million) 12.0% (RMB million) 2,708 2,700 15,000 8.0% 1,800 7,500 4.0% 900 0 0 0.0% 2008 2009 2008 2009 Gross profit Gross profit margin
Slide 13: Heavy Machinery Manufacturing - Business Performance
Heavy Machinery Manufacturing - Business Performance Completed projects with RMB 27,070 million of contract value Key Projects Steel-box girder transport for A 1200t pipe laying vessel U.S. New Bay Bridge designed and built by ZPMC New Contracts Backlog Growth rate = -11.3 % Growth rate = -15.6% New
Slide 14: Heavy Machinery Manufacturing – Financial Performance
Heavy Machinery Manufacturing – Financial Performance Revenue1 Gross Profit1 Growth rate = 0.8% Growth rate = - 15.6% 5,000 16.0% 30,000 26,858 27,070 12.9% 4,000 3,452 10.8% 12.0% (RMB million) 22,500 2,915 (RMB million) 3,000 8.0% 15,000 2,000 1,000 4.0% 7,500 0 0.0% 0 2008 2009 2008 2009 Gross pr
Slide 15: Capital Expenditure
Capital Expenditure Capital expenditure ♦ Mainly used in the Growth rate = 10.3% Infrastructure construction of plants, 19,355 Construction 20,000 purchase of equipment and 140 Business 17,550 investments in BOT projects 332 4,781 16,000 Infrastructure 6,560 ♦ Mainly used in the purchase Design 4,19
Slide 16: Summary Income Statement Data
Summary Income Statement Data Revenue Gross Profit Growth rate = 26.8% Growth rate = 21.5% 250,000 226,920 10.0% 9.6% 25,000 10.0% 21,705 200,000 178,889 17,858 20,000 8.0% (RMB million) (RMB million) 150,000 15,000 6.0% 100,000 10,000 4.0% 50,000 5,000 2.0% 0 0 0.0% 2008 2009 2008 2009 Gross profit
Slide 17: Summary Balance Sheet Data
Summary Balance Sheet Data RM B millions As at 2008-12-31 As at 2009-12-31 Change（% ） Non-Current Assets 70,810 99,591 40.6% Property, plant and equipment 37,205 47,324 27.2% Intangible assets 6,218 10,075 62.0% Available-for-sale financial assets 6,733 17,650 162.1% Trade and other receivables 11,2
Slide 18: Summary Balance Sheet Data
Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 78.0% 420.0% 76.1% 403.0% 76.0% 74.9% 400.0% 380.0% 74.0% 362.2% 360.0% 72.0% 340.0% 70.0% 320.0% 2008-12-31 2009-12-31 2008-12-31 2009-12-31 Total Debt/Total Capitalization1 Net Debt /Net Assets 80.0% 53.0% 76.7%
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 14,599 15,000 -4,000 (RMB million) (RMB million) 10,000 -8,000 5,000 -12,000 0 -16,000 -1,195 -16,731 -16,890 -5,000 -20,000 2008 2009 2008 2009 Cash Flow from Financing Activities Net I
Slide 20: Outlook
Outlook Committed to maximizing our corporate value and thriving for achieving superior shareholders’ value Capture the opportunities from increased domestic and overseas investment in transportation infrastructure, especially in railways and urban rail transits To implement concerted management con
Slide 21: Thank You
Thank You Investor Relations Team YU Jingjing, TAN Lu, LI Yilin, ZHAO Yang Tel: +86-10-8201 6562 Fax: +86-10-8201 6524 Email: [email protected]
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