Business Description

Description
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at December 2023, it had 333 million billing wireless customers and around 113 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.
Name Current Vs Industry Vs History
Cash-To-Debt 1.87
Equity-to-Asset 0.53
Debt-to-Equity 0.13
Debt-to-EBITDA 0.58
Interest Coverage 3.3
Piotroski F-Score 8/9
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 0.83
Distress
Grey
Safe
Beneish M-Score -2.72
Manipulator
Not Manipulator
WACC vs ROIC
WACC
ROIC
Name Current Vs Industry Vs History
12-1 Month Momentum % -12.58

Liquidity Ratio

Name Current Vs Industry Vs History
Current Ratio 0.6
Quick Ratio 0.59
Cash Ratio 0.32
Days Inventory 12.25
Days Sales Outstanding 49.16
Days Payable 488.74

Dividend & Buy Back

Name Current Vs Industry Vs History
3-Year Dividend Growth Rate 25.2
Shareholder Yield % 1.1