China Communications Services Corp. Ltd. Class H logo

China Communications Services Corp. Ltd. Class H

0552.HK

HKSECommunication ServicesTelecommunications Services

Latest quote

HK$4.03

+HK$0.005 · +0.12%

Aug 24, 4:08 PM HKT

0552.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Communications Services Corporation Limited, together with its subsidiaries provides telecommunications support services worldwide. It offers telecommunications infrastructure services, including planning, design, construction, and project supervision for fixed line, mobile, broadband networks, data centers and supporting systems; construction services of ancillary communications networks; and integrated solutions for informatization, digitalization, and intelligentization. The company also provides business process outsourcing services comprising network maintenance and optimization services that include fiber optic and electric cables, mobile base stations, network equipment, and terminals; general facilities management services for customers data centers, cloud computing bases, commercial and residential buildings, high-speed railway stations, airports, etc.; and supply chain services, including warehousing, transportation, integrated logistics, procurement and tendering, and quality inspection, as well as repair and disposition to domestic telecommunications operators, government and enterprise customers. In addition, it offers applications, content, and other services, such as system integration, software development and system support, value-added, and other services. Further, the company provides submarine cable installation and other related services. Additionally, it involved in the distribution of communication and information products; terminals sales; device distribution services; and distribution and procurement services of IT devices, auxiliary machinery, and equipment. The company was incorporated in 2006 and is headquartered in Beijing, China.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
CN
CEO
Cui Zhanwei
Listed since
Dec 8, 2006
Employees
73,157

Market position

Day range

Current HK$4.03

52-week range

Current HK$4.03

Open
HK$3.98
Previous close
HK$4.025
Volume
7.41M
0.91× average
Average volume
8.11M
Average daily volume
Market cap
27.91B HKD
Beta
0.54
Market reference 1
50-day average
HK$4.0819
-1.27% below average
200-day average
HK$4.3627
-7.63% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
18.15B CNY
P/E (TTM)
3.76×
P/B (TTM)
0.17×
P/S (TTM)
0.16×
EV / EBITDA
4.46×
Earnings yield
12.62%
Free cash flow yield
0.64%
Dividend yield
6.38%

Profitability & efficiency

Gross margin
11.08%
Operating margin
0.23%
Net margin
2.41%
Return on equity
7.35%
Return on assets
2.57%
Return on invested capital
4.32%

Financial health

Debt / equity
0.16×
Current ratio
1.19×
Altman Z-score
2.9
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends13%8%2%-4%Gross margin, FY2021: 11.03%Gross margin, FY2022: 11.35%Gross margin, FY2023: 11.61%Gross margin, FY2024: 11.73%Gross margin, FY2025: 10.88%Operating margin, FY2021: -1.79%Operating margin, FY2022: 1.34%Operating margin, FY2023: -2.16%Operating margin, FY2024: -2.02%Operating margin, FY2025: 1.70%Net margin, FY2021: 2.36%Net margin, FY2022: 2.39%Net margin, FY2023: 2.41%Net margin, FY2024: 2.40%Net margin, FY2025: 2.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 11.03%. Gross margin FY2022 11.35%. Gross margin FY2023 11.61%. Gross margin FY2024 11.73%. Gross margin FY2025 10.88%. Operating margin FY2021 -1.79%. Operating margin FY2022 1.34%. Operating margin FY2023 -2.16%. Operating margin FY2024 -2.02%. Operating margin FY2025 1.70%. Net margin FY2021 2.36%. Net margin FY2022 2.39%. Net margin FY2023 2.41%. Net margin FY2024 2.40%. Net margin FY2025 2.41%.

Income trends

Revenue

146.21B CNY-2.53%

Operating income

2.48B CNY+5.51B CNY

Net income

3.52B CNY-2.50%
Income trends across reported periods165.32B CNY104.04B CNY42.75B CNY−18.53B CNYRevenue, FY2021: 133.99B CNYRevenue, FY2022: 140.75B CNYRevenue, FY2023: 148.61B CNYRevenue, FY2024: 150B CNYRevenue, FY2025: 146.21B CNYOperating income, FY2021: −2.4B CNYOperating income, FY2022: 1.89B CNYOperating income, FY2023: −3.21B CNYOperating income, FY2024: −3.03B CNYOperating income, FY2025: 2.48B CNYNet income, FY2021: 3.16B CNYNet income, FY2022: 3.36B CNYNet income, FY2023: 3.58B CNYNet income, FY2024: 3.61B CNYNet income, FY2025: 3.52B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 133.99B CNY. Revenue FY2022 140.75B CNY. Revenue FY2023 148.61B CNY. Revenue FY2024 150B CNY. Revenue FY2025 146.21B CNY. Operating income FY2021 −2.4B CNY. Operating income FY2022 1.89B CNY. Operating income FY2023 −3.21B CNY. Operating income FY2024 −3.03B CNY. Operating income FY2025 2.48B CNY. Net income FY2021 3.16B CNY. Net income FY2022 3.36B CNY. Net income FY2023 3.58B CNY. Net income FY2024 3.61B CNY. Net income FY2025 3.52B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue146.21B CNY150B CNY148.61B CNY140.75B CNY133.99B CNY
Cost of goods sold130.3B CNY132.4B CNY131.36B CNY124.77B CNY119.21B CNY
Gross profit15.91B CNY17.6B CNY17.26B CNY15.98B CNY14.78B CNY
Research and development5.33B CNY5.57B CNY6.13B CNY4.95B CNY4.23B CNY
Selling, general, and administrative8.11B CNY15.05B CNY14.91B CNY13.96B CNY12.95B CNY
Operating expenses13.43B CNY20.62B CNY20.47B CNY12.88B CNY17.18B CNY
Interest income506.27M CNY665.37M CNY693M CNY730.03M CNY372.22M CNY
Interest expense84.59M CNY105.52M CNY207.42M CNY90.99M CNY78.62M CNY
Depreciation and amortization1.59B CNY1.07B CNY1.67B CNY1.01B CNY978.89M CNY
Operating income2.48B CNY−3.03B CNY−3.21B CNY1.89B CNY−2.4B CNY
Net income3.52B CNY3.61B CNY3.58B CNY3.36B CNY3.16B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
60%
3 beats, 2 misses, 0 met estimates
Average EPS surprise
+9.22%
5 comparable reports
Latest EPS result
0.68

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.720.540.370.19Q2 '22No estimateQ1 '23No estimateQ3 '23No estimateQ1 '24No estimateQ3 '24MissQ1 '25MissQ3 '25No estimateQ1 '26No estimate
Q2 2022, reported Jun 30, 2022: actual 0.32, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 0.241, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual 0.318, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 0.248, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 27, 2024: actual 0.33, estimate 0.331, surprise -0.42%, Miss. Q1 2025, reported Mar 27, 2025: actual 0.228, estimate 0.253, surprise -10.15%, Miss. Q3 2025, reported Aug 21, 2025: actual 0.336, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual 0.679, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates87.55B83.62B79.69B75.76BQ2 '22No estimateQ1 '23No estimateQ3 '23No estimateQ1 '24No estimateQ3 '24MissQ1 '25MissQ3 '25No estimateQ1 '26No estimate
Q2 2022, reported Jun 30, 2022: actual 81.07B HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 29, 2023: actual 81.43B HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 24, 2023: actual 79.13B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 83.5B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 27, 2024: actual 79.91B HKD, estimate 83.76B HKD, surprise -4.59%, Miss. Q1 2025, reported Mar 27, 2025: actual 80.41B HKD, estimate 83.11B HKD, surprise -3.24%, Miss. Q3 2025, reported Aug 21, 2025: actual 84.18B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 31, 2026: actual 81.41B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.2383

2025 complete year+22.8% since 2021

2026 partial: HK$0.257

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 5, 2026

HK$0.257

Annual

Record Jun 8, 2026 · Payment Jul 23, 2026

Dividend

Ex-dividend Jun 27, 2025

HK$0.2383

Annual

Record Jun 30, 2025 · Payment Aug 15, 2025

Dividend

Ex-dividend Jun 28, 2024

HK$0.2386

Annual

Record Jul 2, 2024 · Payment Aug 16, 2024

Dividend

Ex-dividend Jul 3, 2023

HK$0.2128

Annual

Record Jul 4, 2023 · Payment Aug 18, 2023

Dividend

Ex-dividend Jul 4, 2022

HK$0.2022

Special

Record Jul 5, 2022 · Payment Aug 12, 2022

Dividend

Ex-dividend Jul 5, 2021

HK$0.1941

Special

Record Jul 6, 2021 · Payment Aug 13, 2021

0552.HK peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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