C

China Spacesat Co Ltd
SSE:600118

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China Spacesat Co Ltd
SSE:600118
Watchlist
Price: 48.31 CNY 5.09% Market Closed
Market Cap: 57.1B CNY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-18%
5Y
+2%
10Y
+45%
Operating Income
+
3Y
-
5Y
-
10Y
-
Net Income
+
3Y
-81%
5Y
-81%
10Y
-85%

Earnings Waterfall
China Spacesat Co Ltd

Revenue
6.6B CNY
Cost of Revenue
-6B CNY
Gross Profit
571.6m CNY
Operating Expenses
-647m CNY
Operating Income
-75.4m CNY
Other Expenses
132.9m CNY
Net Income
57.5m CNY

Income Statement
China Spacesat Co Ltd

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Income Statement
Currency: CNY
Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
3
0
0
0
3
0
0
0
3
0
0
0
3
0
0
0
1
0
0
0
0
0
0
0
2
0
0
0
3
0
0
0
5
0
0
0
8
0
0
0
9
0
0
0
5
0
0
0
15
0
0
0
24
0
0
6
15
0
0
0
0
0
0
7
17
18
20
15
8
11
15
18
22
21
20
20
12
14
14
14
22
21
20
19
19
19
0
0
Revenue
415
N/A
470
+13%
407
-14%
368
-10%
343
-7%
357
+4%
454
+27%
510
+12%
441
-13%
504
+14%
472
-6%
475
+1%
903
+90%
1 016
+12%
1 222
+20%
1 308
+7%
1 523
+16%
1 722
+13%
1 767
+3%
1 970
+11%
2 004
+2%
1 871
-7%
2 061
+10%
2 189
+6%
2 434
+11%
2 536
+4%
2 699
+6%
2 665
-1%
3 031
+14%
3 148
+4%
3 377
+7%
3 561
+5%
3 611
+1%
3 741
+4%
3 899
+4%
4 114
+6%
4 261
+4%
4 376
+3%
4 561
+4%
4 545
0%
4 804
+6%
4 894
+2%
4 934
+1%
4 806
-3%
4 664
-3%
4 637
-1%
4 463
-4%
4 548
+2%
5 448
+20%
5 591
+3%
5 642
+1%
5 844
+4%
6 337
+8%
6 467
+2%
6 818
+5%
7 067
+4%
7 385
+4%
7 538
+2%
7 917
+5%
7 921
+0%
7 583
-4%
7 640
+1%
7 511
-2%
7 442
-1%
6 463
-13%
6 243
-3%
6 057
-3%
6 435
+6%
7 007
+9%
7 255
+4%
7 373
+2%
6 968
-5%
7 151
+3%
7 159
+0%
7 258
+1%
8 074
+11%
8 242
+2%
8 175
-1%
7 403
-9%
6 628
-10%
6 881
+4%
5 875
-15%
5 508
-6%
4 883
-11%
5 156
+6%
5 268
+2%
5 445
+3%
6 584
+21%
Gross Profit
Cost of Revenue
(330)
(370)
(306)
(270)
(257)
(281)
(380)
(439)
(376)
(419)
(386)
(383)
(782)
(896)
(1 072)
(1 147)
(1 280)
(1 444)
(1 477)
(1 654)
(1 700)
(1 580)
(1 745)
(1 847)
(2 071)
(2 159)
(2 303)
(2 275)
(2 607)
(2 702)
(2 905)
(3 088)
(3 118)
(3 243)
(3 391)
(3 561)
(3 697)
(3 793)
(3 955)
(3 936)
(4 240)
(4 339)
(4 377)
(4 247)
(3 979)
(3 945)
(3 760)
(3 844)
(4 678)
(4 793)
(4 823)
(4 988)
(5 481)
(5 629)
(5 948)
(6 192)
(6 429)
(6 569)
(6 934)
(6 910)
(6 550)
(6 615)
(6 497)
(6 431)
(5 527)
(5 381)
(5 225)
(5 580)
(6 045)
(6 268)
(6 384)
(5 968)
(6 221)
(6 252)
(6 347)
(7 189)
(7 389)
(7 336)
(6 573)
(5 843)
(6 075)
(5 184)
(4 879)
(4 327)
(4 560)
(4 680)
(4 907)
(6 013)
Gross Profit
85
N/A
101
+18%
101
N/A
98
-3%
87
-11%
77
-12%
74
-3%
71
-4%
66
-8%
85
+30%
86
+1%
93
+7%
121
+31%
120
-1%
150
+25%
161
+7%
243
+51%
278
+14%
289
+4%
316
+9%
303
-4%
291
-4%
315
+8%
343
+9%
363
+6%
377
+4%
397
+5%
389
-2%
424
+9%
446
+5%
471
+6%
473
+0%
494
+4%
498
+1%
508
+2%
553
+9%
563
+2%
584
+4%
605
+4%
609
+1%
564
-7%
554
-2%
557
+0%
559
+0%
685
+23%
692
+1%
702
+2%
704
+0%
770
+9%
798
+4%
819
+3%
856
+5%
856
0%
838
-2%
870
+4%
876
+1%
956
+9%
969
+1%
984
+2%
1 011
+3%
1 033
+2%
1 025
-1%
1 014
-1%
1 011
0%
936
-7%
861
-8%
832
-3%
855
+3%
962
+13%
987
+3%
989
+0%
1 000
+1%
930
-7%
907
-2%
912
+1%
885
-3%
853
-4%
840
-2%
830
-1%
785
-5%
806
+3%
691
-14%
628
-9%
555
-12%
597
+7%
588
-2%
539
-8%
572
+6%
Operating Income
Operating Expenses
(42)
(45)
(55)
(59)
(73)
(75)
(68)
(61)
(47)
(42)
(39)
(43)
(48)
(56)
(70)
(78)
(118)
(128)
(131)
(138)
(124)
(121)
(133)
(145)
(162)
(171)
(173)
(179)
(208)
(222)
(228)
(232)
(259)
(257)
(269)
(283)
(304)
(314)
(326)
(327)
(308)
(314)
(314)
(333)
(356)
(369)
(372)
(366)
(385)
(390)
(399)
(418)
(404)
(380)
(392)
(389)
(431)
(424)
(447)
(455)
(530)
(513)
(504)
(522)
(552)
(485)
(482)
(469)
(527)
(520)
(525)
(570)
(598)
(589)
(606)
(606)
(593)
(642)
(631)
(614)
(678)
(644)
(648)
(645)
(647)
(676)
(662)
(647)
Selling, General & Administrative
(42)
(46)
(56)
(60)
(74)
(76)
(69)
(62)
(47)
(43)
(40)
(44)
(45)
(53)
(67)
(70)
(108)
(118)
(118)
(129)
(120)
(117)
(131)
(140)
(151)
(162)
(162)
(167)
(196)
(209)
(209)
(215)
(225)
(227)
(247)
(261)
(221)
(309)
(314)
(317)
(230)
(294)
(297)
(315)
(267)
(351)
(358)
(354)
(298)
(375)
(389)
(402)
(307)
(385)
(388)
(371)
(346)
(408)
(389)
(402)
(388)
(407)
(427)
(450)
(417)
(413)
(401)
(376)
(356)
(377)
(364)
(367)
(412)
(439)
(453)
(453)
(445)
(463)
(456)
(473)
(508)
(522)
(545)
(547)
(533)
(509)
(503)
(520)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(65)
0
0
0
(48)
0
0
0
(53)
0
0
0
(46)
0
0
0
(50)
0
0
(15)
(60)
0
0
(40)
(104)
(95)
(111)
(108)
(108)
(102)
(113)
(126)
(116)
(197)
(215)
(250)
(128)
(206)
(205)
(199)
(159)
(187)
(182)
(161)
(151)
(138)
(111)
(96)
(114)
(121)
(136)
(131)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(19)
0
0
0
(30)
0
0
0
(35)
0
0
0
(40)
0
0
0
(46)
0
0
0
(45)
0
0
0
(54)
0
0
0
(47)
0
0
0
(101)
0
0
0
(121)
0
0
0
(85)
0
0
0
(54)
0
0
0
(40)
0
0
0
Other Operating Expenses
0
0
0
0
1
1
1
1
0
0
1
1
(3)
(2)
(3)
(7)
(10)
(10)
(13)
(9)
(4)
(4)
(2)
(5)
(11)
(10)
(12)
(11)
(12)
(13)
(19)
(17)
(34)
(30)
(22)
(22)
1
(5)
(12)
(10)
(0)
(20)
(17)
(17)
(0)
(18)
(14)
(13)
(0)
(15)
(10)
(17)
(1)
5
(3)
(2)
19
(16)
(57)
(12)
16
(11)
34
36
20
30
32
34
45
53
53
47
63
56
52
46
96
8
8
20
35
16
8
(1)
39
(47)
(23)
4
Operating Income
43
N/A
56
+28%
46
-18%
39
-15%
14
-65%
1
-90%
6
+357%
10
+59%
19
+83%
43
+130%
47
+9%
49
+5%
73
+48%
65
-12%
81
+25%
83
+3%
125
+50%
150
+20%
159
+6%
178
+12%
179
+1%
171
-5%
182
+7%
198
+9%
201
+2%
206
+2%
223
+8%
211
-6%
216
+3%
224
+4%
244
+9%
241
-1%
235
-3%
241
+3%
238
-1%
269
+13%
260
-4%
270
+4%
279
+3%
282
+1%
256
-9%
241
-6%
243
+1%
226
-7%
329
+46%
322
-2%
330
+2%
338
+2%
386
+14%
409
+6%
420
+3%
438
+4%
452
+3%
458
+1%
479
+4%
487
+2%
525
+8%
546
+4%
537
-2%
557
+4%
504
-9%
512
+2%
510
0%
490
-4%
384
-22%
376
-2%
350
-7%
386
+10%
435
+13%
466
+7%
463
-1%
431
-7%
332
-23%
318
-4%
306
-4%
279
-9%
260
-7%
198
-24%
200
+1%
172
-14%
128
-25%
48
-63%
(20)
N/A
(89)
-347%
(50)
+44%
(88)
-76%
(124)
-40%
(75)
+39%
Pre-Tax Income
Interest Income Expense
(3)
(4)
(4)
(4)
(3)
(4)
(4)
(6)
(8)
4
4
4
3
4
33
36
38
39
16
20
24
24
21
16
15
14
16
19
23
22
21
25
23
23
34
32
34
35
41
50
52
74
79
79
81
80
74
74
63
54
40
23
15
15
23
27
34
32
27
24
25
20
23
25
30
16
17
22
42
28
19
12
16
21
103
113
56
133
53
52
46
28
20
12
22
20
26
27
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5
0
0
0
0
0
0
0
0
0
0
0
9
0
9
9
(1)
0
0
0
1
0
0
0
(1)
0
0
0
(0)
0
0
0
0
0
0
0
22
0
0
0
(7)
0
(0)
0
(32)
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
(0)
0
0
0
(0)
0
0
0
0
0
0
0
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(0)
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
0
0
0
(0)
0
0
0
(0)
0
0
0
(0)
0
0
0
Total Other Income
(1)
0
1
1
1
1
1
1
1
(11)
(8)
(4)
1
1
1
1
0
0
(1)
(1)
(1)
(1)
4
4
5
7
3
4
10
7
8
9
25
26
29
31
56
57
59
60
72
72
72
73
56
67
68
71
49
42
44
47
48
52
34
23
4
(6)
4
3
2
2
2
2
3
2
0
0
0
(2)
(1)
(1)
0
(1)
(2)
(2)
(1)
(1)
(0)
0
(1)
(1)
(1)
(1)
0
0
(1)
(1)
Pre-Tax Income
40
N/A
52
+29%
42
-18%
35
-17%
11
-67%
(2)
N/A
3
N/A
5
+104%
12
+123%
37
+212%
43
+17%
49
+14%
77
+58%
69
-10%
114
+64%
120
+6%
163
+36%
189
+16%
174
-8%
198
+14%
202
+2%
193
-4%
208
+8%
219
+5%
221
+1%
227
+3%
242
+6%
233
-4%
248
+6%
254
+2%
272
+7%
274
+1%
283
+3%
290
+3%
301
+4%
332
+10%
349
+5%
363
+4%
379
+5%
392
+3%
384
-2%
386
+1%
393
+2%
378
-4%
466
+23%
468
+0%
472
+1%
483
+2%
497
+3%
504
+1%
504
+0%
508
+1%
524
+3%
525
+0%
544
+4%
545
+0%
562
+3%
572
+2%
569
-1%
583
+3%
532
-9%
534
+0%
535
+0%
517
-3%
415
-20%
393
-5%
367
-7%
409
+12%
477
+17%
493
+3%
482
-2%
442
-8%
346
-22%
338
-2%
407
+20%
389
-4%
337
-13%
330
-2%
253
-23%
223
-12%
166
-26%
74
-55%
(1)
N/A
(78)
-10 620%
(60)
+23%
(68)
-13%
(98)
-44%
(49)
+50%
Net Income
Tax Provision
(3)
(3)
(3)
(4)
(5)
(4)
(4)
(5)
(5)
(6)
(6)
(7)
(11)
(12)
(18)
(21)
(22)
(25)
(28)
(32)
(24)
(24)
(24)
(26)
(18)
(18)
(20)
(19)
(19)
(20)
(26)
(3)
(26)
(27)
(23)
(50)
(43)
(45)
(33)
(33)
(17)
(18)
(16)
(15)
(56)
(50)
(56)
(51)
(53)
(59)
(58)
(60)
(64)
(64)
(73)
(67)
(69)
(72)
(73)
(86)
(63)
(61)
(56)
(34)
(32)
(29)
(16)
(38)
(51)
(51)
(43)
(39)
(21)
(21)
(4)
3
22
35
15
21
4
6
14
21
30
32
27
26
Income from Continuing Operations
37
48
39
31
7
(6)
(2)
1
7
31
37
42
66
57
96
100
141
165
146
166
177
169
184
192
203
209
222
215
229
234
247
271
257
263
278
282
306
318
346
359
367
368
378
363
410
418
416
431
444
445
445
449
461
461
471
478
493
499
496
497
469
473
479
483
383
364
351
371
427
441
439
403
325
316
403
392
359
364
268
244
169
80
13
(56)
(31)
(36)
(71)
(23)
Income to Minority Interest
(14)
(17)
(15)
(11)
(3)
1
4
4
(1)
(5)
(9)
(6)
(4)
1
(2)
(4)
(9)
(14)
(12)
(11)
(3)
(1)
2
(1)
(7)
(7)
(11)
(13)
(19)
(20)
(22)
(29)
(25)
(26)
(31)
(26)
(36)
(41)
(43)
(44)
(61)
(54)
(59)
(61)
(54)
(52)
(51)
(49)
(61)
(65)
(67)
(72)
(63)
(62)
(60)
(58)
(84)
(88)
(82)
(74)
(51)
(50)
(53)
(70)
(48)
(46)
(56)
(61)
(73)
(79)
(80)
(73)
(91)
(90)
(96)
(89)
(73)
(78)
(70)
(76)
(12)
6
13
33
58
61
60
80
Equity Earnings Affiliates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
23
N/A
31
+34%
25
-20%
21
-18%
4
-83%
(4)
N/A
3
N/A
5
+92%
6
+28%
25
+295%
28
+9%
36
+30%
63
+75%
59
-6%
94
+60%
95
+1%
132
+39%
151
+14%
134
-11%
155
+16%
174
+12%
168
-4%
185
+10%
191
+3%
196
+2%
202
+3%
211
+5%
201
-4%
210
+4%
214
+2%
225
+5%
242
+8%
233
-4%
237
+2%
248
+4%
256
+4%
271
+5%
277
+2%
303
+10%
315
+4%
306
-3%
314
+3%
319
+1%
302
-5%
356
+18%
366
+3%
365
0%
382
+5%
384
+0%
379
-1%
378
0%
377
0%
398
+6%
399
+0%
412
+3%
420
+2%
410
-3%
412
+0%
414
+0%
423
+2%
418
-1%
423
+1%
427
+1%
414
-3%
336
-19%
318
-5%
296
-7%
310
+5%
354
+14%
362
+2%
359
-1%
330
-8%
234
-29%
226
-3%
307
+36%
302
-1%
286
-6%
287
+0%
198
-31%
168
-15%
158
-6%
86
-45%
27
-69%
(23)
N/A
28
N/A
25
-10%
(11)
N/A
57
N/A
EPS (Diluted)
0.02
N/A
0.03
+50%
0.02
-33%
0.01
-50%
0
N/A
0
N/A
0.01
N/A
0.02
+100%
0.01
-50%
0.04
+300%
0.04
N/A
0.04
N/A
0.07
+75%
0.05
-29%
0.11
+120%
0.1
-9%
0.14
+40%
0.13
-7%
0.14
+8%
0.15
+7%
0.16
+7%
0.15
-6%
0.16
+7%
0.17
+6%
0.18
+6%
0.19
+6%
0.2
+5%
0.19
-5%
0.19
N/A
0.2
+5%
0.21
+5%
0.23
+10%
0.22
-4%
0.22
N/A
0.23
+5%
0.24
+4%
0.25
+4%
0.26
+4%
0.29
+12%
0.3
+3%
0.28
-7%
0.26
-7%
0.28
+8%
0.26
-7%
0.3
+15%
0.31
+3%
0.31
N/A
0.32
+3%
0.32
N/A
0.32
N/A
0.32
N/A
0.32
N/A
0.34
+6%
0.34
N/A
0.35
+3%
0.36
+3%
0.35
-3%
0.35
N/A
0.35
N/A
0.36
+3%
0.35
-3%
0.37
+6%
0.38
+3%
0.36
-5%
0.28
-22%
0.27
-4%
0.25
-7%
0.27
+8%
0.3
+11%
0.32
+7%
0.31
-3%
0.28
-10%
0.2
-29%
0.19
-5%
0.26
+37%
0.26
N/A
0.24
-8%
0.24
N/A
0.17
-29%
0.14
-18%
0.13
-7%
0.07
-46%
0.02
-71%
-0.02
N/A
0.02
N/A
0.02
N/A
-0.01
N/A
0.05
N/A

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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