China Railway Construction Corporation Limited Annual Results

Transcription

1 China Railway Construction Corporation Limited 2016 Annual Results 1

2 I. Overview

3 Rising Industry Position Moved up to Top 62 of the Fortune Global 500 Ranked Among Top 3 in ENR Top 250 Global Contractors for 7 Consecutive Years NO. 105 NO.111 NO.100 NO.80 NO.79 NO.62 NO.3 NO.3 NO.2 NO.1 NO.2 NO Further Improvement of Enterprise influence and reputation 2016 Top 500 China Enterprises 2016 China Top 100 Enterprise 2016 Top 100 with the most core competitiveness among listed companies 2016 Best Board of Directors 2016 Best Investor Relations Management Listed Company 3

4 Enterprise Development Achieve a Breakthrough Value of New Contracts Value of Outstanding Contracts 948,759 1,219,107 1,808,528 1,977,768 Revenue Net Profit 600, ,327 13,374 14,851 4

5 Solid Transformation and Upgrading The establishment of Magnetic Levitation Traffic Investment Construction Co., Ltd Set up investment platform companies such as South Construction Investment, North China Investment, Kunlun Investment, Chongqing Investment, etc Withdrawn of 66 Enterprises The proportion of overseas business revenue exceeded 5% for the first time exceeded 5%, a record high Joint development, coordinated development and integration Yaji Railway Djibouti Eastern Coastal Land Development Project Sierra Leone Dream of the Atlantic Garden Villa 5

6 Effective Technological Innovation Market-driven Innovation Process and Well-performed Innovation Platforms Construction as the basis, strengthen technological innovation, steadily improve BIM, assembly-style construction technology Complete the National Science and Technology Support Program "pre-cut tunnel construction equipment key technology research" In 2016 won 4 Fiddik Awards,8 Zhan Tianyou Awards, 13 National Excellent Design Awards,2 national survey and design masters Obtained 6 China's outstanding patent awards,113 provincial/ministerial technological progress awards, 1502 new authorized patents, of which 371 invention patents, established 2 new state-level enterprise technology centers Obtained 9 new premium qualifications, owned 7 "three special" enterprises, and ranked No.1 in the total number of qualifications and the "three special" number of enterprises among the central enterprises Hong Kong - Zhuhai - Macao Bridge Electrical and Mechanical Installation China's largest highway electromechanical installation project with the most technical complex and the most difficult construction BIM-based traffic engineering system integrated monitoring technology, with cable telescopic device, pipeline installation platform, and so on a number of patents Railway Tunnel Boring Machine ( TBM ) of Large Diameter With fully independent intellectual property rights, equipped with independent "three-dimensional explosion-proof detection", "explosion-proof lighting" and "explosion-proof ventilation" system Diameter of 8.6m, total length 104m, weighing 1150 tons, equipment power 4500 kilowatts QS-1200ⅡFull - channel ballast cleaning machine At present, it is the pillow bottom cleaning machine with the world's highest efficiency, the highest degree of automation and the best backfill effect Breaking the current bottleneck of China's railway overhaul screening 6

7 II Operating Highlights

8 Strengths in Construction Contracting Further Solidifying Landmark Projects Value of New Contracts National Quality Project Award - Wu Xian Intercity Railway across the wide passenger and private bridge Hainan Wenchang Satellite Launch Center Transshipment Track Project 807,438 1,059,251 Value of Outstanding Contracts 1,812,988 1,690,269 Turkey Anyi High Speedway Phase II Project Huai Shao Heng Railway Yuanjiang Bridge Revenue 519, ,135 8

9 Survey, Design and Consultancy Operations Maintaining Market Leading Position Value of New Contracts Revenue Landmark Projects 11,346 12,512 10,080 12,257 Lianyan Railway Guanhe Bridge Value of Outstanding Contracts Gross Profit and Margin Kunming South Railway Station 5,066 6,291 3,389 3,692 Chongqing Jijiang Yangtze River Bridge 9

10 Manufacturing Operations Continuing to Grow Value of New Contracts Revenue GCX-1000 Track Snow Sweeper officially start to operate 16,427 19,962 14,688 14,341 China's first teaching shield machine successfully start to operate Value of Outstanding Contracts Gross Profit and Margin 12,317 3,593 China's first mini shield machine successfully start to operate 7,323 3,038 10

11 Real Estate Operations Healthy and Steady Landmark Projects Revenue 38,320 CRCC Hefei International City 28,671 Land Area: 440,000 m2 Saleable Area: 1,370,000 m2 Sales Value CRCC Beijing Shanyu City 49,480 Land Area: 350,000 m2 Saleable Area: 270,000 m2 36, Gross Profit 2016 CRCC Chengdu C-Park International 7,458 8,806 Land Area: 80,000 m2 Saleable Area: 260,000 m2 11

12 III Financials Highlights

13 Revenue and Profits Continuing to Grow Revenue 600, , Revenue Breakdown by Segments (1) 2.2% 1.9% 5.9% 7.3% Net Profit and Margin (RMB million, %) 82.8% Total Profit 13, % 14, % 2016 Gross Profit Breakdown by Segments (1) 15.1% 8.9% 6.2% 17,113 18, % 63.5% Construction Survey, Design and Consultation Manufacturing Real Estate Logistics and Material Trading and Others Note: (1) Including intersegmental transactions. 13

14 Financial Position Further Strengthening Total Asset Shareholders Equity Net assets to attribute to the shareholders 759, , , , , ,

15 Net Cash Flows from Operating Activities Continue to improve Net Cash Flows from Operating Activities 50,375 37,138 Net Cash Flows from Financing Activities Net Cash Flows from Investing Activities -2,111-2,447-24,336-26,273 15

16 Interest-bearing Liabilities Fell For the First Time, Asset-Liability Ratio Entered a Decline Channel (%) Asset-Liability ratio Actively take measures such as clear the debt, broaden the capital market financing channels, etc. to achieve the three years drop in a row in Asset-Liability ratio 16

17 IV. Growth Strategies and Outlook

18 Development Strategy Construction-oriented, relevant diversification,integrated operation and advance through transformation, so as to develop into a high value creative multinational construction industry group with world-leading economic power,world-leading technological power and world-leading competitive power. Construction-oriented Construction-oriented Construction engineering is the pillar industry and foothold Construction-oriented, of CRCC. It is also seize the the premise historical andopportunity foundation of forthe industrial domestic restructuring infrastructure and business market, follow expansion and integrate Continue into the to "Beijing-Tianjin-Hebei adhere to construction integration", contracting as "Yangtze the core River business, Economic and Zone" the major and mission other national of development strategies is and to enlarge the Belt the and scale, the Road, strengthen do the the layout efficiency of related and markets build the Focus brand, on so national as to develop special industry the traditional planning, construction continue to industry expand into the a field modern of attractive construction segments industry in order to lay the foundation for the company's long-term, sustainable development Relevant Diversification Actively expand via diversification Do the layout of new industry which can play a synergistic effect with the existing business, enhance the overall profitability of the enterprise, enhance the competitiveness of the main business, expand the brand influence, and have broad market prospects, in line with the national strategic development needs of the emerging industries Advance through Transformation Fully grasp the development opportunities of construction industry, building information, Internet technology, etc. Actively integrate into these leading technology in the various sectors of the industry and the industrial chain of all aspects, so as to promote the transformation and upgrading of enterprise industry structure, business model and operation model, and promote the development by transformation Integrated Operation Constructing the operating mode ntegrating with investment,design,construction,operation,real,estate development and other industries giving full play to the whole industry chain advantage of CRCC 18

19 Q&A 20