CITIC Telecom International Holdings Limited
CITIC Telecom International Holdings Limited, an investment holding company, engages in the provision of international telecommunications services in Hong Kong, China, Macau, Singapore, and internationally. It provides international mobile roaming, voice, messaging, data, and value-added telecommunications services to mobile, fixed line, virtual network, internet, and over-the-top operators. The … Read more
CITIC Telecom International Holdings Limited (CCTTF) - Net Assets
Latest net assets as of June 2025: $10.86 Billion USD
Based on the latest financial reports, CITIC Telecom International Holdings Limited (CCTTF) has net assets worth $10.86 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.93 Billion) and total liabilities ($6.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $10.86 Billion |
| % of Total Assets | 64.12% |
| Annual Growth Rate | 5.08% |
| 5-Year Change | 10.38% |
| 10-Year Change | 53.42% |
| Growth Volatility | 3.05 |
CITIC Telecom International Holdings Limited - Net Assets Trend (2014–2024)
This chart illustrates how CITIC Telecom International Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CITIC Telecom International Holdings Limited (2014–2024)
The table below shows the annual net assets of CITIC Telecom International Holdings Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.83 Billion | -0.34% |
| 2023-12-31 | $10.86 Billion | +3.75% |
| 2022-12-31 | $10.47 Billion | +2.90% |
| 2021-12-31 | $10.18 Billion | +3.74% |
| 2020-12-31 | $9.81 Billion | +4.07% |
| 2019-12-31 | $9.43 Billion | +5.95% |
| 2018-12-31 | $8.90 Billion | +5.52% |
| 2017-12-31 | $8.43 Billion | +6.72% |
| 2016-12-31 | $7.90 Billion | +11.94% |
| 2015-12-31 | $7.06 Billion | +7.02% |
| 2014-12-31 | $6.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CITIC Telecom International Holdings Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 117.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.95 Billion | 55.48% |
| Other Components | $4.77 Billion | 44.52% |
| Total Equity | $10.72 Billion | 100.00% |
CITIC Telecom International Holdings Limited Competitors by Market Cap
The table below lists competitors of CITIC Telecom International Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sanquan Food Co Ltd
SHE:002216
|
$509.19 Million |
|
Shandong Huatai Paper Industry Shareholding Co Ltd
SHG:600308
|
$509.27 Million |
|
Investis Holding S.A.
LSE:0RHV
|
$509.30 Million |
|
China Datang Corporation Renewable Power Co. Limited
F:DT7
|
$509.39 Million |
|
Viva China Holdings Limited
PINK:VVCHF
|
$508.89 Million |
|
Rayhoo Motor Dies Co Ltd
SHE:002997
|
$508.49 Million |
|
Lectra SA
PA:LSS
|
$508.47 Million |
|
Gold Royalty Corp.
NYSE MKT:GROY
|
$508.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CITIC Telecom International Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,756,000,000 to 10,717,000,000, a change of -39,000,000 (-0.4%).
- Net income of 910,000,000 contributed positively to equity growth.
- Dividend payments of 936,000,000 reduced retained earnings.
- New share issuances of 2,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $910.00 Million | +8.49% |
| Dividends Paid | $936.00 Million | -8.73% |
| Share Issuances | $2.00 Million | +0.02% |
| Other Changes | $-15.00 Million | -0.14% |
| Total Change | $- | -0.36% |
Book Value vs Market Value Analysis
This analysis compares CITIC Telecom International Holdings Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.11x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $2.66 | $0.32 | x |
| 2021-12-31 | $2.74 | $0.32 | x |
| 2022-12-31 | $2.81 | $0.32 | x |
| 2023-12-31 | $2.91 | $0.32 | x |
| 2024-12-31 | $2.90 | $0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CITIC Telecom International Holdings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.51%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.63x
- Recent ROE (8.49%) is below the historical average (10.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.02% | 8.84% | 0.47x | 2.64x | $66.90 Million |
| 2015 | 11.41% | 9.61% | 0.49x | 2.42x | $99.27 Million |
| 2016 | 10.80% | 11.04% | 0.42x | 2.31x | $63.04 Million |
| 2017 | 10.50% | 11.83% | 0.40x | 2.21x | $41.70 Million |
| 2018 | 10.74% | 10.05% | 0.53x | 2.03x | $65.56 Million |
| 2019 | 10.69% | 11.12% | 0.49x | 1.96x | $64.57 Million |
| 2020 | 10.49% | 11.46% | 0.49x | 1.88x | $47.90 Million |
| 2021 | 10.66% | 11.34% | 0.52x | 1.82x | $66.50 Million |
| 2022 | 11.48% | 11.78% | 0.56x | 1.75x | $153.70 Million |
| 2023 | 11.44% | 12.33% | 0.58x | 1.61x | $155.40 Million |
| 2024 | 8.49% | 9.51% | 0.55x | 1.63x | $-161.70 Million |
Industry Comparison
This section compares CITIC Telecom International Holdings Limited's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CITIC Telecom International Holdings Limited (CCTTF) | $10.86 Billion | 11.02% | 0.56x | $509.02 Million |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |