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China Communications Services
(OTC:0552)
China Communications Services (0552) vs. S&P 500 (SPY)
China Communications Services Business Overview & Revenue Model
China Communications Services Financial Statement Overview
| Breakdown | ||||
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 148.61B | 140.75B | 133.99B | 122.65B | 117.41B | Gross Profit |
| 17.26B | 15.98B | 14.78B | 13.74B | 13.69B | EBIT |
| 2.61B | 1.89B | 1.64B | 1.75B | 2.72B | EBITDA |
| 5.90B | 2.90B | 2.62B | 2.61B | 3.58B | Net Income Common Stockholders |
| 3.58B | 3.36B | 3.16B | 3.08B | 3.05B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 29.58B | 24.54B | 26.89B | 24.11B | 23.79B | Total Assets |
| 121.79B | 110.26B | 100.03B | 94.49B | 87.54B | Total Debt |
| 2.38B | 2.46B | 2.38B | 1.87B | 1.54B | Net Debt |
| -20.54B | -19.62B | -18.80B | -19.13B | -17.68B | Total Liabilities |
| 78.12B | 68.64B | 60.42B | 57.30B | 52.50B | Stockholders Equity |
| 42.58B | 40.36B | 38.41B | 36.72B | 34.56B |
| Cash Flow | Free Cash Flow | |||
| 4.14B | 3.68B | 2.74B | 1.92B | 3.79B | Operating Cash Flow |
| 5.36B | 4.91B | 4.51B | 5.45B | 4.81B | Investing Cash Flow |
| -2.12B | -2.29B | -3.67B | -2.24B | -311.32M | Financing Cash Flow |
| -2.40B | -1.74B | -628.35M | -1.35B | -1.39B |
China Communications Services Technical Analysis
China Communications Services Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | €711.77B | 14.14 | 7.27% | 5.08% | 0.66% | 5.70% | |
75 Outperform | $783.31B | 9.10 | 7.95% | -3.27% | -5.63% | ||
72 Outperform | $69.18B | 10.71 | 13.65% | 4.70% | -5.28% | -13.15% | |
70 Outperform | HK$28.12B | 7.23 | 8.19% | 5.77% | -0.99% | -1.64% | |
59 Neutral | $49.11B | 12.15 | 9.94% | 5.62% | 1.39% | -21.74% | |
59 Neutral | $13.73B | 6.72 | -2.47% | 3.83% | 2.30% | -35.22% |
China Communications Services Corporate Events
China Communications Services Corporation Limited has announced its annual general meeting for 2024, scheduled for May 29, 2025, in Beijing. Key agenda items include the approval of the 2024 financial statements, profit distribution, and dividend declaration, as well as the re-appointment of KPMG as auditors. Additionally, the re-election of several board members will be considered, reflecting the company’s ongoing commitment to governance and strategic planning.
China Communications Services Corporation Limited has reported a significant increase in operating revenue, surpassing RMB150 billion, driven by strategic emerging businesses and technological innovation. The company plans to continue leveraging digital technologies to capitalize on market opportunities, supported by its controlling shareholder’s commitment not to reduce its shareholding in 2025. Additionally, the company is considering a share repurchase plan to boost investor confidence and aims to enhance investor relations through improved transparency and communication.
China Communications Services Corporation Limited has announced a final cash dividend of RMB 0.2187 per share for the financial year ending December 31, 2024, with the payment date set for August 15, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may have implications for its financial performance and attractiveness to investors, particularly in the context of its tax arrangements for non-resident shareholders.
China Communications Services reported its annual results for the year ending December 31, 2024, highlighting a 0.9% increase in total revenues to RMB150,000 million and a 0.6% rise in net profit to RMB3,607 million. The company achieved steady revenue growth across domestic and international markets, with a focus on technological innovation and strategic emerging industries. The Board proposed a final dividend of RMB0.2187 per share, reflecting a 42% payout ratio, underscoring the company’s stable performance and sound cash flow.
China Communications Services Corporation Limited has announced the proposed appointment of Ms. Chiu Mun Wai as an independent non-executive director and Mr. Chen Li as a non-executive director, subject to shareholder approval. The company is also proposing the re-election of several current directors as part of the transition to the seventh session of its Board. These appointments and re-elections are expected to bring extensive experience in management, telecommunications, finance, and accounting to the company, potentially strengthening its governance and strategic direction.
China Communications Services Corporation Limited has announced that its board of directors will meet on March 27, 2025, to approve the company’s final results for the year ending December 31, 2024, and to consider a final dividend payment. This meeting is significant as it will determine the company’s financial performance for the past year and potentially impact dividend payouts, which could influence investor sentiment and market positioning.
China Communications Services Corporation Limited has expanded its search for a female director, following Listing Rule 13.92. The company is in the process of finalizing its candidate selection, with plans to nominate a suitable candidate by March 2025, and aims to have the appointment approved by shareholders in the 2024 annual general meeting by June 2025.