China Satellite Communications Co Ltd

China Satellite Communications Co Ltd

601698 · SHG · Communication Services / Telecom Services

21.81CNY-0.44 (-1.98%)

Price History

Full chart

Market Stats

Previous Close22.25
Open22.29
Day Range21.78 – 22.74
52-Week Range20.07 – 53.88
Volume21.33M
Market Cap95.47B
P/E (TTM)251.11
Forward P/E0.00
EPS0.09
Dividend Yield0.14%
Beta0.47
50-Day Avg24.80
200-Day Avg32.06

About

China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services. It offers business support platforms, including visualized platform to support design, simulation, and evaluation on satellite resources and satellite application; multi-satellite unified tracking, telemetry, and control (TT&C) platform; traditional beam comprehensive service; carrier grade satellite broadband business and operation infrastructure platform; and satellite application platforms for airborne, maritime, emergency response, and universal services. The company also provides long-term and temporary rental services of satellite resources; TT&C, consulting for satellites and related applications, training, network access testing and antenna certification, and geosynchronous orbit communication satellite interference positioning services; bandwidth rental services for TV channels distribution, contribution and direct-to-home broadcast through satellites; and OU services to transmit radio and television programs. In addition, it offers leasing services for space segments; uplink service, HUB hosting and operation, and other teleport services; information services, such as remote sensing images, and location and weather information; consultation, certification, training, advertising, and other related services; and integrated information services in land, sea, and air for sensing and transmission. Further, the company provides emergency communications; private network communication network; universal services based on satellite communication; E-education; telecommunication services; satellite-based IoT solutions; streaming media, audio and video transmission, and live broadcasting; smart monitoring and early warning services; and services for marine and airborne applications. The company was founded in 2001 and is based in Beijing, China. China Satellite Communications Co., Ltd. operates as a subsidiary of China Aerospace Science and Technology Corporation.

Company Details

  • SectorCommunication Services
  • IndustryTelecom Services
  • CEOMr. Hengjie Li
  • Employees620
  • HeadquartersBuilding A, China Satellite Communications Tower, Beijing, China, 100190, China
  • Websitehttps://www.chinasatcom.com

Leadership

  • Mr. Hengjie LiChief Accountant · b. 1982
  • Mr. Jingwei LvDeputy GM & Secretary of the Board of Directors · b. 1972
  • Mr. Xiaodong LiuDeputy General Manager · b. 1966
  • Mr. Wen Sheng ChenDeputy General Manager · b. 1971
  • Mr. Yu Fei ShenDeputy General Manager · b. 1978
  • Mr. Hai Quan MaGM & Director · b. 1973
  • Ms. Yueling LiHead of Discipline

Financials

Income Statement

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.43B2.39B2.48B2.62B2.69B2.73B2.71B2.63B2.73B2.62B2.54B2.64B
Growth (%)--1.66%+3.61%+5.85%+2.79%+1.49%-0.87%-2.81%+3.76%-4.30%-2.85%+4.08%
Cost of Revenue1.24B1.17B1.41B1.40B1.51B1.64B1.73B1.65B1.74B1.68B1.84B1.87B
Gross Profit1.19B1.22B1.06B1.22B1.18B1.09B976.74M988.96M996.85M933.98M703.81M778.89M
Gross Margin49.17%51.19%43.00%46.72%43.93%39.88%36.04%37.54%36.47%35.71%27.70%29.45%
Operating Expense264.20M265.61M178.58M362.43M431.99M357.04M246.63M147.11M221.10M353.56M277.02M317.93M
Operating Income930.73M957.71M886.04M862.05M751.55M733.42M730.11M841.85M775.76M580.43M426.79M460.96M
Operating Margin38.30%40.08%35.79%32.89%27.90%26.82%26.94%31.96%28.38%22.19%16.80%17.43%
EBITDA2.04B1.95B1.96B2.10B2.14B2.09B2.00B1.99B2.01B1.90B1.62B1.92B
EBITDA Margin83.96%81.42%79.14%80.05%79.51%76.35%73.92%75.56%73.45%72.67%63.57%72.70%
Net Income512.93M514.48M437.64M389.46M418.26M446.42M488.79M572.30M922.81M348.77M454.49M441.24M
Net Income Margin21.11%21.53%17.68%14.86%15.53%16.33%18.03%21.73%33.76%13.33%17.89%16.68%
R&D59.88M53.45M35.79M49.36M53.29M74.53M87.20M72.20M68.59M68.95M79.97M76.20M
R&D as % of Total Revenue2.46%2.24%1.45%1.88%1.98%2.73%3.22%2.74%2.51%2.64%3.15%2.88%
Interest Expense--12.17M283.43K10.67M5.49M544.39K7.28M7.59M7.75M7.08M5.17M
Interest Expense % of Total Revenue--0.49%0.01%0.40%0.20%0.02%0.28%0.28%0.30%0.28%0.20%

Balance Sheet

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets15.51B14.71B16.65B16.74B17.15B18.16B18.29B19.11B22.43B22.66B22.41B22.41B
Total Liabilities5.51B3.75B4.05B4.08B3.61B2.85B2.87B3.33B3.23B3.18B2.36B2.16B
Total Equity7.58B8.09B9.25B9.28B9.76B11.30B11.58B12.01B15.11B15.30B15.73B15.99B
Cash2.44B1.35B1.97B2.31B2.63B4.09B4.04B4.88B6.34B7.24B6.49B5.44B
Total Debt1.89B598.81M520.82M763.57M372.77M-181.09M180.42M192.87M140.79M99.96M-
Net Debt-548.43M-752.39M-1.45B-1.55B-2.25B-4.09B-3.86B-4.70B-6.14B-7.10B-6.39B-

Cash Flow

Currency: CNY2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.31B1.88B1.66B1.90B2.09B1.96B2.04B2.27B1.47B1.79B1.83B1.37B
Investing Cash Flow-1.40B-1.25B-733.46M-1.48B-818.75M-1.83B-1.95B-1.41B-2.86B-2.30B-1.43B-
Financing Cash Flow-311.39M-1.49B-259.07M85.63M-704.48M585.61M-192.18M-255.61M1.85B-349.19M-181.22M-
Capital Expenditure724.63M1.98B1.92B2.31B1.12B1.90B1.37B1.36B2.40B1.65B1.43B1.17B
Free Cash Flow1.59B-99.89M-253.83M-406.32M977.07M67.21M673.36M912.99M-924.37M145.12M394.74M196.22M
Dividends Paid81.59M111.92M103.50M99.68M193.86M92.00M92.00M100.00M116.06M184.88M107.23M136.45M
FCF to OCF68.64%-5.31%-15.26%-21.39%46.67%3.42%32.94%40.24%-62.84%8.10%21.60%14.36%
Dividend Paid to FCF5.14%-112.05%-40.77%-24.53%19.84%136.89%13.66%10.95%-12.56%127.40%27.17%69.54%

Earnings

Report DateOct 29, 2019Dec 31, 2019Apr 29, 2020Aug 30, 2020Oct 30, 2020Dec 31, 2020Apr 26, 2021Aug 26, 2021Oct 29, 2021Dec 31, 2021Apr 28, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Apr 27, 2023
EPS Estimate---------------
EPS Actual0.020.040.020.030.040.040.030.040.030.050.050.040.060.090.03
Surprise---------------
TimingAfter-hours-After-hoursAfter-hoursPre-market-Pre-marketAfter-hoursPre-market-Pre-market---Pre-market

Key Statistics & Ratios

Market Cap95.47B
Enterprise Value93.03B
Trailing P/E251.11
Forward P/E0.00
Price / Sales35.99
Price / Book6.27
EPS0.09
Book Value3.76
Revenue (TTM)2.65B
Gross Profit (TTM)718.09M
EBITDA1.67B
Profit Margin14.09%
Operating Margin11.87%
Return on Equity2.35%
Return on Assets0.96%
Shares Outstanding4.22B
Shares Float1.13B
Beta0.47
Dividend Yield0.14%
Dividend Rate0.03
Payout Ratio35.48%

Dividends

20231×
0.04Jun 15, 2023
20221×
0.03Jun 15, 2022
20211×
0.03Jun 15, 2021
20202×
0.01Dec 29, 20200.01Jun 15, 2020