Revenue distribution by industries:

• Telecommunications: approx. 60%
• Media and Entertainment: approx. 25%
• IT Services: approx. 15%

TOP 3 markets and their percentage shares:

• Hong Kong: approx. 70%
• Mainland China: approx. 15%
• Southeast Asia: approx. 10%

PCCW Limited generates the majority of its revenue from the telecommunications industry, which is attributed to its strong presence and infrastructure in Hong Kong. The media and entertainment sector also contribute significantly, especially through its subsidiaries that are well-established in the region.

Hong Kong remains the most important market for PCCW, followed by Mainland China and Southeast Asia, where the company is continuously expanding its services. These markets offer growth opportunities, especially in the areas of digital transformation and IT services.

Production Sites: Mainly in Hong Kong and China

PCCW Limited is a leading telecommunications and media company headquartered in Hong Kong. The company operates its main production and service activities in Hong Kong, where it offers a variety of telecommunications services. In addition, PCCW also has production and service facilities in China to support and expand its services in the region.

As PCCW is mainly active in the telecommunications and media sector, the focus is less on physical production sites, but more on providing services and infrastructure.

Revenue Growth: Estimated 5-7% annually (2025 forecast)

Investments in Technology: 1.2 billion HKD (2024)

PCCW Limited pursues a growth strategy that heavily focuses on digitization and technological innovations. The company invests significantly in expanding its telecommunications and IT services to strengthen its market position in Asia.

Another key focus is on expanding the media and entertainment segment, particularly through the development and distribution of digital content. PCCW plans to broaden its reach and offerings through strategic partnerships and acquisitions.

Additionally, the company is concentrating on enhancing customer experience by leveraging Artificial Intelligence and Big Data to provide personalized services and increase customer loyalty. These measures are intended to support revenue growth in the coming years and enhance PCCW's competitiveness in the global market.

Main raw materials: Fiber optic cables, electronic components, IT hardware

Main importing countries: China, South Korea, Japan

PCCW Limited, as a leading telecommunications and IT company in Hong Kong, heavily relies on the import of fiber optic cables and electronic components needed for the expansion and maintenance of its network infrastructure. These materials are mainly imported from China, which is a significant supplier of telecommunications equipment.

In addition, PCCW sources IT hardware and specialized electronic components from South Korea and Japan, countries known for their advanced technology production. These imports are crucial for maintaining the high standards in telecommunications and IT services that PCCW provides to its customers.

Market share in Hong Kong: 70% in the telecommunications sector (estimated for 2025)

Broadband customer growth: 5% (2024)

PCCW Limited is a leading telecommunications company in Hong Kong and holds a significant market share in the fixed-line and broadband services sector. The company's competitive advantage lies in its established infrastructure and comprehensive service offering that appeals to both residential and business customers.

The company benefits from its strong brand presence and a diversified portfolio that also includes media and IT services. This diversification enables PCCW to hedge against competitors and tap into additional revenue streams.

Another advantage is the continuous investment in new technologies and network expansion, which enhances customer retention and service quality. Despite intense competition in the region, PCCW remains competitive through strategic partnerships and innovations.

Institutional Investor Share: Estimated 40% (2025)

Insider Buys/Sells: No significant transactions in the last year (2024)

The institutional investor share in PCCW Limited is approximately 40%, indicating a solid trust from institutional investors in the company. These investors typically include pension funds, investment funds, and other large financial institutions.

In 2024, there were no significant insider buys or sells, suggesting that the management and other insiders do not currently anticipate significant changes in the company's valuation. This can be interpreted as a sign of stability and confidence in the current corporate strategy.

Market share of PCCW Limited: Estimate 5% (2025)

Top Competitors and Market Shares:

1. China Mobile Limited: Estimate 25%
2. China Telecom Corporation Limited: Estimate 20%
3. China Unicom (Hong Kong) Limited: Estimate 15%
4. HKT Limited (subsidiary of PCCW): Estimate 10%
5. SmarTone Telecommunications Holdings Limited: Estimate 8%

Moat of PCCW Limited:

PCCW Limited has a moderate moat, mainly supported by its subsidiary HKT Limited. HKT is a leading provider of telecommunications services in Hong Kong, offering a wide range of services including fixed-line, mobile, and broadband. This gives PCCW a certain advantage in terms of customer retention and service integration.

However, compared to larger competitors like China Mobile and China Telecom, which have significant resources and a strong presence in the mainland market, PCCW's moat is less pronounced. These companies benefit from extensive networks and a larger customer base, giving them a strategic advantage.

In summary, while PCCW has specific strengths in Hong Kong, its moat is less significant compared to the major Chinese telecommunications providers. The competition has a significant advantage due to their size and market presence in China.

Revenue Growth: 3.5% (2024) Net Income Growth: 2.1% (2024) Debt Ratio: 65% (2024)

PCCW Limited recorded a moderate revenue growth of 3.5% in 2024, indicating stable demand in its core areas of telecommunications and media. However, the net income growth of 2.1% suggests that profitability could not be increased to the same extent, possibly indicating rising operating costs or investments.

The debt ratio of 65% is relatively high, indicating significant indebtedness. This could burden the company in an environment of rising interest rates, as financing costs could increase.

Overall, the attractiveness of investing in PCCW stock depends on the investor's risk appetite. While the company shows solid revenue growth, the high level of debt could pose a risk. Potential investors should carefully examine the company's strategic plans for debt reduction and improving profitability.

Dividend Yield: 4.5% (2024)
Dividend History: Steady payout over the last 5 years

PCCW Limited has been paying a consistent dividend in recent years, indicating a reliable payout policy. The dividend yield of 4.5% in 2024 shows that the company continues to offer attractive returns to its shareholders.

The stability of dividend payments is supported by PCCW's solid financial performance and strong market position. Analysts expect the company to continue distributing dividends at a similar level in the coming years, provided that no significant economic changes occur.