2Y10 Stock Overview

Provides telecommunication tower infrastructure services in the People's Republic of China. More details

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

Rewards

Trading at 66.6% below our estimate of its fair value

Earnings are forecast to grow 24.12% per year

Earnings grew by 8.4% over the past year

Risk Analysis

Unstable dividend track record

Has a high level of debt

My Notes

Capture your thoughts, links and company narrative

China Tower Corporation Limited Competitors

Telefónica Deutschland Holding

HMSE:O2D

€6.3b

Deutsche Telekom

XTRA:DTE

€141.9b

China Unicom (Hong Kong)

SEHK:762

HK$218.8b

Orange

ENXTPA:ORA

€25.1b

Price History & Performance

Summary of share price highs, lows and changes for China Tower
Historical stock prices
Current Share Price	HK$12.30
52 Week High	HK$12.50
52 Week Low	HK$8.50
Beta	0.21
1 Month Change	7.89%
3 Month Change	17.14%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	50.00%

Recent updates

Shareholder Returns

	2Y10	DE Telecom	DE Market
7D	1.7%	-2.5%	-2.6%
1Y	n/a	26.2%	6.9%

Return vs Industry: Insufficient data to determine how 2Y10 performed against the German Telecom industry.

Return vs Market: Insufficient data to determine how 2Y10 performed against the German Market.

Price Volatility

Is 2Y10's price volatile compared to industry and market?
2Y10 volatility
2Y10 Average Weekly Movement	6.5%
Telecom Industry Average Movement	2.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.3%
10% least volatile stocks in DE Market	2.4%

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

Volatility Over Time: 2Y10's weekly volatility (7%) has been stable 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	€24.13b
Earnings (TTM)	€1.39b
Revenue (TTM)	€12.65b

17.4x

P/E Ratio

1.9x

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¥96.31b
Cost of Revenue	CN¥16.25b
Gross Profit	CN¥80.06b
Other Expenses	CN¥69.50b
Earnings	CN¥10.56b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.06
Gross Margin	83.13%
Net Profit Margin	10.96%
Debt/Equity Ratio	43.8%

How did 2Y10 perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

82%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/20 11:40
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China Tower Corporation Limited is covered by 40 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Wenzhou Hu	BOCI Research Ltd.
Michael Meng	BOCI Research Ltd.
Wai Kit Chu	BofA Global Research