China Communications Construction Co. Ltd. Class A · SSE:601800
China Communications Construction Co. Ltd. Class A — H1 2009 Earnings Presentation
21 slides from China Communications Construction Co. Ltd. Class A's earnings presentation, 2009
Slide 1: China Communications Construction Company Limited
We are bu ild ng a a connected 2009 WORLD _ CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED (A jobrt tock fred compeny Incorporated Fn the Feopte's Republic of China with fretnd babel) (Stock Code: 1800)
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 interim results announcement presentation. Copying or redistribution of this document to any person is strictly prohibited. The distribution of t
Slide 3: Financial Summary
Financial Summary Strong performance despite challenging global economic environment Six Months Ended RMB million (except per share data) 2008-06-30 2009-06-30 Change (unaudited) (unaudited) Revenue 75,749 96,840 27.8% EBITDA1 5,679 7,746 36.4% Operating Profit 4,174 5,532 32.5% Profit attributable
Slide 4: New Contracts and Backlog by Operating Segments
New Contracts and Backlog by Operating Segments New Contracts Backlog Growth rate = 20.5% Growth rate = 7.7% 180,000 360,128 155,444 360,000 2,509 334,300 20,308 160,000 3,300 128,970 1,888 22,896 4,299 35,565 12,735 15,109 300,000 140,000 18,920 5,819 10,965 2,996 120,000 16,729 240,000 (RMB millio
Slide 5: Contribution by Operating Segments
Contribution by Operating Segments Revenue (1H 2009) 1 Segment Result (1H 2009) 1,2 Heavy Machinery Others Heavy Others Manufacuring 2.1% Machinery 1.3% 15.0% Manufacuring 23.1% Infrastructure Dredging Construction 10.7% 45.2% Infrastructure Design 3.5% Infrastructure Construction Dredging 68.7% 22.
Slide 6: Operating Cost Structure
Operating Cost Structure Cost Breakdown (1H 2009) Cost Structure As % of operating costs1 As % of sales 94.5% 94.9% 100% 90% 18.5% 17.8% Others 80% 3.1% 3.1% 3.6% 1.7% Equipment 18.8% 8.0% usage cost 70% 7.9% Raw materials 3.3% and 60% Transportation consumables 23.8% 22.4% costs used 50% 1.7% 42.7%
Slide 7: Infrastructure Construction – Business Performance
Infrastructure Construction – Business Performance Completed projects with RMB 67,707 million of contract value Key Projects Jintang Bridge has commenced operation Harbin-Dalian PDL under construction New Contracts Backlog Growth rate = 36.8% Growth rate = 13.6% 140,000 128,329 320,000 301,680 New 2
Slide 8: Infrastructure Construction – Financial Performance
Infrastructure Construction – Financial Performance Revenue1 Gross Profit1 Growth rate = 37.6% Growth rate = 20.8% 80,000 67,707 6,000 7.1% 8.0% 6.2% 5,000 4,199 (RMB million) (RMB million) 60,000 49,204 3,477 6.0% 4,000 40,000 3,000 4.0% 2,000 20,000 2.0% 1,000 0 0 0.0% 1H 2008 1H 2009 1H 2008 1H 2
Slide 9: Infrastructure Design – Business Performance
Infrastructure Design – Business Performance Completed projects with RMB 3,485 million of contract value Key Projects Shenzhen Dachan Bay Port Area Qingdao 300,000t-class Oil Terminal designed designed by CCCC and constructed by CCCC New Contracts Backlog Growth rate = 30.1% Growth rate = 16.1% 6,00
Slide 10: Infrastructure Design – Financial Performance
Infrastructure Design – Financial Performance Revenue1 Gross Profit1 Growth rate = 7.6% Growth rate = 9.6% 1,000 25.3% 883 28.0% 4,000 3,238 3,485 806 24.9% 800 24.0% (RMB million) (RMB million) 3,000 20.0% 600 16.0% 2,000 12.0% 400 1,000 8.0% 200 4.0% 0 0 0.0% 1H 2008 1H 2009 1H 2008 1H 2009 Gross
Slide 11: Dredging - Business Performance
Dredging - Business Performance Completed projects with RMB 10,537 million of contract value Key Projects “Tian Lin”, the largest non-self-propelled Channel Extension project of Tianjin Port. When cutter suction dredger in Asia, which is completed, Tianjin Port will become the top- independently des
Slide 12: Dredging – Financial Performance
Dredging – Financial Performance Revenue1 Gross Profit1 Growth rate = 21.4% Growth rate = 36.4% 12,000 10,537 1,800 14.9% 1,569 16.0% 13.2% 8,681 1,500 1,150 (RMB million) (RMB million) 9,000 12.0% 1,200 6,000 900 8.0% 600 3,000 4.0% 300 0 0 0.0% 1H 2008 1H 2009 1H 2008 1H 2009 Gross profit Gross pr
Slide 13: Heavy Machinery Manufacturing - Business Performance
Heavy Machinery Manufacturing - Business Performance Completed projects with RMB 14,777 million of contract value Key Projects A 1200t pipe laying vessel designed and “Xin Hai Bang”, a 27 square metre built by ZPMC clamshell dredger researched and developed by CCCC and built by ZPMC New Contracts Ba
Slide 14: Heavy Machinery Manufacturing – Financial Performance
Heavy Machinery Manufacturing – Financial Performance Revenue1 Gross Profit1 Growth rate = 20.2% Growth rate = 1.0% 14,777 2,500 14.3% 16.0% 15,000 12,293 12.1% 2,000 1,764 1,781 (RMB million) 12,000 12.0% (RMB million) 9,000 1,500 8.0% 6,000 1,000 500 4.0% 3,000 0 0 0.0% 1H 2008 1H 2009 1H 2008 1H
Slide 15: Capital Expenditure
Capital Expenditure ♦ Mainly used in the Capital expenditure Infrastructure construction of plants, 10,000 Construction purchase of equipment and 9,384 Business investments in BOT 8,396 111 projects 114 8,000 2,798 Infrastructure ♦ Mainly used in the Design 3,554 purchase of equipment Business 6,000
Slide 16: Summary Income Statement Data
Summary Income Statement Data Revenue1 Gross Profit1 Growth rate = 27.8% Growth rate = 15.6% 100,000 96,840 75,749 9.8% 8.9% 80,000 10,000 10.0% 8,626 7,460 (RMB million) 60,000 8,000 8.0% (RMB million) 6,000 6.0% 40,000 4,000 4.0% 20,000 2,000 2.0% 0 0 0.0% 1H 2008 1H 2009 1H 2008 1H 2009 Gross pro
Slide 17: Summary Balance Sheet Data
Summary Balance Sheet Data RMB millions As at 2008-12-31 As at 2009-06-30 Change（%） Non-Current Assets 70,810 86,659 22.4% Property, plant and equipment 37,205 42,869 15.2% Intangible assets 6,218 7,358 18.3% Available-for-sale financial assets 6,733 12,407 84.3% Trade and other receivables 11,229 1
Slide 18: Summary Balance Sheet Data
Summary Balance Sheet Data Total Liabilities/Total Assets Total Liabilities/Net Assets 76.2% 76.1% 76.0% 403.0% 75.8% 405.0% 75.8% 400.0% 75.6% 395.0% 389.8% 75.4% 390.0% 75.2% 385.0% 75.0% 380.0% 2008-12-31 2009-6-30 2008-12-31 2009-6-30 Total Debt/Total Capitalization1 Net Debt /Net Assets(Adjuste
Slide 19: Summary Cash Flow Statement Data
Summary Cash Flow Statement Data Cash Flow from Operating Activities Cash Flow from Investing Activities 318 0 0 -2,000 -2,000 (RMB million) (RMB million) -4,000 -4,000 -6,000 -6,000 -8,000 -8,000 -8,939 -10,000 -10,000 -9,329 -10,340 -12,000 1H 2008 1H 2009 1H 2008 1H 2009 Net (Decrease) / Increase
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] 20
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