5G Expansion And Digital Evolution Will Drive A Resilient Future

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

23 Mar 25

Updated

30 Nov 25

Views

35

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

5.4%

7D

-1.2%

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1Y

5.4%

7D

-1.2%

You can edit this narrative until Dec 1 1:10 PM. Then, changes will post as Updates.

Author's Valuation

HK$13.139.3% undervalued

AnalystConsensusTarget Fair Value

Shared on 30 Nov 25

Fair value Decreased 1.71%

788: Board Structure Changes And Margin Outlook Will Shape Future Returns

China Tower’s analyst price target was slightly reduced from ¥13.36 to ¥13.13, as analysts cited marginally softer profit margin and revenue growth expectations. What's in the News Proposed amendments to China Tower's Articles of Association and Rules of Procedure, including the abolishment of the Supervisory Committee.

Shared on 16 Nov 25

Fair value Decreased 0.70%

788: Improving Profitability And Lower P E Ratio Will Drive Gains

Narrative Update: Analyst Price Target Adjustment for China Tower Analysts have slightly lowered their fair value estimate for China Tower from RMB13.45 to RMB13.36. This change is due to adjustments in the discount rate and updated expectations for revenue growth and profit margin.

Shared on 01 May 25

Fair value Increased 1.89%

Shared on 23 Apr 25

Fair value Decreased 4.13%

AnalystConsensusTarget has increased profit margin from 18.5% to 20.6% and decreased future PE multiple from 12.7x to 11.1x.

Shared on 17 Apr 25

Fair value Increased 1.69%

Shared on 09 Apr 25

Fair value Increased 2.03%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 0.45%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 4.07%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

HK$13.13

9.3% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

3.50%

Telecom Services and Carriers revenue growth rate

2.05%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.32%

Calculation

CN¥23.24b

Earnings '28

x

11.05x

PE Ratio '28

=

CN¥256.82b

Market Cap '28

CN¥256.82b

Market Cap '28

/

17.48b

No. shares '28

=

CN¥14.69

Share Price '28

CN¥14.69 Share Price '28

Discounted to 2025 @ 7.19% p.a.

=

CN¥11.93

Fair Value '25

CN¥11.93 Fair Value '25

Converted to HKD @ 1.1004 CNY/HKD Exchange Rate

=

HK$13.13

Fair Value '25