APT Satellite Holdings

APT Satellite Holdings Limited

Company type	public company
Traded as	SEHK: 1045
Industry	Telecommunications
Founded	1992; 32 years ago (1992) (as APT Satellite)
Founder	Ministry of Aeronautics and Astronautics [zh]
Headquarters	Hong Kong (de facto) Bermuda (registered office)
Brands	Apstar
Services	Satellite communications Satellite TV signals
Revenue	HK$1.230 billion (2016)
Operating income	HK$0632 million (2016)
Net income	HK$0494 million (2016)
Total equity	HK$4.849 billion (2016)
Owner	Chinese Government and other investors (via APT Satellite International) (51.77%) Chinese Government via CASC (02.90%) Temasek Holdings (05.51%) International Value Adviser (05.12%)
Parent	APT Satellite International (direct) China Satcom (intermediate) CASC (intermediate) The SASAC (intermediate) The State Council (ultimate)
Subsidiaries	APT Satellite (100%)
Website	www.apstar.com
Footnotes / references in consolidated financial statement[1]
Chinese name
Traditional Chinese	亞太衛星控股有限公司
Simplified Chinese	亚太卫星控股有限公司
Literal meaning	Asia Pacific Satellite Holding, Limited Company
Transcriptions Standard Mandarin Hanyu Pinyin Yàtài wèixīng kònggǔ yǒuxiàn gōngsī
short name
Traditional Chinese	亞太衛星
Simplified Chinese	亚太卫星
Literal meaning	Asia Pacific Satellite
Transcriptions Standard Mandarin Hanyu Pinyin Yàtài wèixīng

APT Satellite Holdings Limited is a Bermuda-incorporated holding company. Its Hong Kong-incorporated subsidiary APT Satellite Co., Ltd. is the operator of the Apstar satellite constellation. APT Satellite Holdings and APT Satellite are headquartered in Hong Kong.

As at 30 June 2016 the company had a market capitalisation of HK$3.816 billion.^[2] It is a red chip company,^[2] as it was an overseas incorporated company, but controlled by the Chinese Government indirectly (via China Aerospace Science and Technology Corporation). Fellow Hong Kong–based satellite company AsiaSat was also partially owned by the Chinese Government (via CITIC Group), but belongs to a different department of the State Council.