- Net Income: China Communication’s net income for the first half of 2024 was 12.02 billion yuan according to IFRS.
- New Contract Value: The company secured new contracts worth 960.87 billion yuan.
- Revenue: China Communication reported revenue of 356.01 billion yuan under IFRS.
- Analyst Ratings: The company received 10 buy ratings, 1 hold rating, and 0 sell ratings.
China Communications Construction on Smartkarma
Analyst coverage on China Communications Construction on Smartkarma has been positive, with Osbert Tang, CFA, providing insights on the company’s growth prospects. In a report titled “China Comm Const (1800 HK): Robust Growth Prospects Accelerating,” Tang highlights the surge in overseas contracts, growing backlog, and improving margins. Factors such as low valuation, high dividend yields, and a secured pipeline make the company attractive for investors.
In another report titled “China Comm Const (1800 HK): Continue to Deliver,” Tang emphasizes gross margin expansion and positive earnings growth in the first quarter of 2024. With estimates of the backlog covering 4.5x FY24F revenue, China Communications Construction shows healthy earnings growth and remains undervalued based on its price-to-earnings ratio and price-to-book ratio despite outperforming year-to-date. The overall sentiment towards the company appears bullish based on these research insights.
A look at China Communications Construction Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 5 | |
Dividend | 5 | |
Growth | 4 | |
Resilience | 2 | |
Momentum | 5 | |
OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have provided positive long-term outlooks for China Communications Construction Company Ltd. across various factors. With top scores in Value and Dividend categories, the company is considered strong in these areas, signaling good investment potential in terms of undervaluation and dividend payouts. Additionally, a solid Growth score implies promising future development prospects within the transportation infrastructure sector.
However, China Communications Construction scores lower in Resilience, reflecting some vulnerability to economic fluctuations or industry challenges. Nevertheless, its high Momentum score suggests strong market performance and investor interest, indicating current positive trends in the company’s financial performance. This mix of scores indicates a generally favorable outlook for China Communications Construction, making it an intriguing prospect for investors seeking a balanced investment profile.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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