China Tower (DB:2Y10) - Stock Price, News & Analysis

2Y10 Stock Overview

China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China.

About the company

2Y10 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	4/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 72.1% below our estimate of its fair value

Earnings are forecast to grow 21.08% per year

Earnings grew by 10% over the past year

Risk Analysis

Has a high level of debt

Dividend of 4.39% is not well covered by cash flows

China Tower Corporation Limited Competitors

Vantage Towers

HMSE:VTWR

€18.9b

Telefónica Deutschland Holding

XTRA:O2D

€7.2b

United Internet

XTRA:UTDI

€3.8b

Deutsche Telekom

XTRA:DTE

€107.4b

Price History & Performance

Summary of all time highs, changes and price drops for China Tower
Historical stock prices
Current Share Price	HK$9.90
52 Week High	HK$11.00
52 Week Low	HK$8.50
Beta	0.39
1 Month Change	5.88%
3 Month Change	n/a
1 Year Change	-1.00%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	20.73%

Recent updates

Shareholder Returns

	2Y10	DE Telecom	DE Market
7D	1.0%	2.9%	0.5%
1Y	-1.0%	-3.1%	1.3%

Return vs Industry: 2Y10 exceeded the German Telecom industry which returned -2.5% over the past year.

Return vs Market: 2Y10 underperformed the German Market which returned 2.3% over the past year.

Price Volatility

Is 2Y10's price volatile compared to industry and market?
2Y10 volatility
2Y10 Average Weekly Movement	6.9%
Telecom Industry Average Movement	2.8%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.2%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 2Y10 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 2Y10's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2014	22,994	Li Chen	www.china-tower.com

China Tower Corporation Limited, together with its subsidiaries, provides telecommunication tower infrastructure services in the People's Republic of China. The company engages in the construction, maintenance, and operation of base station ancillary facilities, such as telecommunications towers and public network coverage in high-speed railways and subways, and large-scale indoor distributed antenna systems. It offers towers, and shelters or cabinets; and ancillary equipment to telecommunication services providers for installation of the telecommunications equipment.

China Tower Corporation Limited Fundamentals Summary

How do China Tower's earnings and revenue compare to its market cap?
2Y10 fundamental statistics
Market cap	€19.28b
Earnings (TTM)	€1.29b
Revenue (TTM)	€12.21b

14.9x

P/E Ratio

1.6x

P/S Ratio

Is 2Y10 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2Y10 income statement (TTM)
Revenue	CN¥94.78b
Cost of Revenue	CN¥16.25b
Gross Profit	CN¥78.53b
Other Expenses	CN¥68.50b
Earnings	CN¥10.03b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.057
Gross Margin	82.85%
Net Profit Margin	10.58%
Debt/Equity Ratio	47.9%

How did 2Y10 perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

67%

Payout Ratio

Does 2Y10 pay a reliable dividends?

See 2Y10 dividend history and benchmarks

When do you need to buy 2Y10 by to receive an upcoming dividend?
China Tower dividend dates
Ex Dividend Date	May 22 2024
Dividend Pay Date	Jul 15 2024
Days until Ex dividend	26 days
Days until Dividend pay date	80 days