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China Telecom Corporation LimitedSEHK:728 Stock Report

Market Cap HK$608.8b
Share Price
HK$5.21
HK$6.33
17.8% undervalued intrinsic discount
1Y-2.4%
7D2.0%
Portfolio Value
View

China Telecom Corporation Limited

SEHK:728 Stock Report

Market Cap: HK$608.8b

China Telecom (728) Stock Overview

Provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People’s Republic of China. More details

728 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends4/6

728 Community Fair Values

Create Narrative

See what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.

China Telecom Corporation Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for China Telecom
Historical stock prices
Current Share PriceHK$5.21
52 Week HighHK$6.49
52 Week LowHK$4.75
Beta0.45
1 Month Change7.87%
3 Month Change-3.16%
1 Year Change-2.43%
3 Year Change19.77%
5 Year Change86.07%
Change since IPO259.31%

Recent News & Updates

Recent updates

China Telecom Corporation Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Apr 26
China Telecom Corporation Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

728: Upcoming Board Decisions And Dividend Payout Will Support Rerating Potential

Analysts have trimmed their HK$ fair value estimate for China Telecom from about HK$6.69 to around HK$6.33 as they factor in updated assumptions for slower revenue growth, slightly lower profit margins and a reduced future P/E multiple. What's in the News A board meeting is scheduled for April 23, 2026 to review and approve financial results for China Telecom and its subsidiaries for the three months ended March 31, 2026 (Key Developments).

728: Expanded Subscriber Base And Higher P/E Assumptions Will Support Future Upside

Analysts have trimmed their HK$ fair value estimate for China Telecom from about HK$8.82 to about HK$8.44, reflecting updated assumptions for revenue growth, profit margins and a higher future P/E multiple. What's in the News Reported fourth quarter 2025 operating statistics showing 438.65 million mobile subscribers and 201.12 million wireline broadband subscribers, highlighting the scale of the user base (Key Developments).

China Telecom Corporation Limited (HKG:728) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Mar 27
China Telecom Corporation Limited (HKG:728) Yearly Results Just Came Out: Here's What Analysts Are Forecasting For This Year

728: Future Board Decisions And Higher P/E Assumptions Will Support Rerating Potential

Analysts have modestly trimmed their HK$ price target for China Telecom, reflecting slightly softer revenue growth assumptions, a small adjustment in fair value, and an updated view on future P/E levels. What's in the News A board meeting is scheduled for March 24, 2026, to consider and approve the annual results of China Telecom and its subsidiaries for the year ended December 31, 2025 (Key Developments).

728: Governance Reforms Will Support Future Oversight Confidence And Rerating Potential

Analysts have reduced their fair value estimate for China Telecom from about HK$7.10 to around HK$6.94, reflecting slight adjustments to assumptions on revenue growth, profit margins and future P/E expectations in their models. What's in the News Shareholders approved amendments to China Telecom Corporation Limited's Articles of Association, updating the company's core governance document (Key Developments).

728: Governance Changes And Margin Reset Will Shape A Balanced Upside Outlook

Analysts have trimmed their price target on China Telecom to HK$5.50 from HK$6.00, pointing to updated assumptions around slightly higher revenue growth, a lower profit margin profile, a marginally higher discount rate and a modestly higher future P/E multiple. What's in the News Shareholders approved amendments to China Telecom Corporation Limited's Articles of Association, signaling an update to the company's formal governance framework (Key Developments).

728: Governance Reforms Will Support Margin Resilience And Rerating Potential

Analysts have revised their fair value estimate for China Telecom to US$7.10 from US$7.32, citing updated assumptions for revenue growth, profit margins and future P/E multiples. What's in the News China Telecom approved amendments to its Articles of Association and the abolition of its Supervisory Committee, signaling a change in its corporate governance structure (Key Developments).

728: Governance Overhaul And Higher Profitability Expectations Will Support Future Upside

Analysts have nudged their fair value estimate for China Telecom higher from ¥8.54 to ¥8.82, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E that slightly shift the balance between expected growth and profitability. What's in the News The board proposes amendments to the Articles of Association, including abolishing the Supervisory Committee, to reflect updated laws, regulations and the company’s operating needs (Key Developments).

Is Now The Time To Put China Telecom (HKG:728) On Your Watchlist?

Jan 26
Is Now The Time To Put China Telecom (HKG:728) On Your Watchlist?

728: Governance Overhaul And Expanding Subscriber Base Will Support Upside Outlook

Analysts have trimmed their price target for China Telecom to US$6.00 from about US$6.09, citing updated assumptions that combine slightly higher expected revenue growth with modestly lower profit margins and a somewhat reduced future P/E multiple. What's in the News China Telecom approved amendments to its Articles of Association and the abolition of its Supervisory Committee, signaling a planned change to its governance structure.

China Telecom Corporation Limited's (HKG:728) Business Is Yet to Catch Up With Its Share Price

Jan 07
China Telecom Corporation Limited's (HKG:728) Business Is Yet to Catch Up With Its Share Price

728: Governance Reforms And Mobile Scale Will Support Balanced Forward Outlook

Analysts have nudged their price target on China Telecom modestly higher to reflect slightly faster expected revenue growth, marginally improved profit margins, and a small uplift in fair value to about $6.09 from roughly $6.07, even as future valuation multiples ease a bit. What's in the News Shareholders approved amendments to the Articles of Association, including abolishing the Supervisory Committee, as part of an update to China Telecom's corporate governance framework (company filing) The board proposed further amendments to the Articles of Association and related procedural rules to align with the new PRC Company Law, updated CSRC guidelines, Hong Kong listing rules, and the company's evolving business scope (company announcement) A special shareholders meeting scheduled for December 16, 2025 in Beijing will vote on governance rule changes, the election of independent non executive director Mr. Lee Sunny Wai Kwong, and his remuneration package (meeting notice) China Telecom reported 437.19 million mobile subscribers for the third quarter of 2025, highlighting steady growth in its core mobile base (operating statistics) A board meeting on October 21, 2025 will review and approve financial results for the nine months ended September 30, 2025 (board agenda) Valuation Changes Fair value per share has risen slightly to about HK$6.09 from roughly HK$6.07, reflecting a modest upward adjustment in intrinsic valuation.

Slowing Rates Of Return At China Telecom (HKG:728) Leave Little Room For Excitement

Dec 16
Slowing Rates Of Return At China Telecom (HKG:728) Leave Little Room For Excitement

728: Governance Changes And Stable Wireless Scale Will Shape Balanced Outlook

Analysts have raised their price target on China Telecom from approximately 5.20 dollars to about 6.07 dollars. This reflects growing confidence in the company’s slightly faster revenue growth, modestly improving profit margins, and the potential for a higher future earnings multiple.

Earnings Not Telling The Story For China Telecom Corporation Limited (HKG:728)

Oct 03
Earnings Not Telling The Story For China Telecom Corporation Limited (HKG:728)

AI And Quantum Advancements Will Drive Cloud And IoT Expansion

China Telecom’s higher future P/E multiple paired with a slight reduction in revenue growth forecasts suggests increased valuation pressure despite a marginal dip in the consensus price target from HK$7.35 to HK$7.32. What's in the News Announced interim dividend of RMB 0.1812 per share for the first half of 2025.

Returns On Capital At China Telecom (HKG:728) Have Hit The Brakes

Aug 05
Returns On Capital At China Telecom (HKG:728) Have Hit The Brakes

Is China Telecom (HKG:728) Using Too Much Debt?

Jul 18
Is China Telecom (HKG:728) Using Too Much Debt?

Subdued Growth No Barrier To China Telecom Corporation Limited's (HKG:728) Price

Jun 10
Subdued Growth No Barrier To China Telecom Corporation Limited's (HKG:728) Price

China Telecom (HKG:728) Is Due To Pay A Dividend Of CN¥0.1006

May 23
China Telecom (HKG:728) Is Due To Pay A Dividend Of CN¥0.1006

Here's Why China Telecom Corporation Limited's (HKG:728) CEO May Have Their Pay Bumped Up

May 14
Here's Why China Telecom Corporation Limited's (HKG:728) CEO May Have Their Pay Bumped Up
User avatar

AI And Quantum Advancements Will Drive Cloud And IoT Expansion

Strategic investments in AI, Quantum tech, and cloud services are set to improve margins and significantly boost revenue and earnings.

Shareholder Returns

728HK TelecomHK Market
7D2.0%0.6%-0.5%
1Y-2.4%-3.2%21.7%

Return vs Industry: 728 matched the Hong Kong Telecom industry which returned -2.2% over the past year.

Return vs Market: 728 underperformed the Hong Kong Market which returned 23.3% over the past year.

Price Volatility

Is 728's price volatile compared to industry and market?
728 volatility
728 Average Weekly Movement3.0%
Telecom Industry Average Movement2.9%
Market Average Movement7.1%
10% most volatile stocks in HK Market14.9%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 728 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 728's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002277,911Ruiwen Kewww.chinatelecom-h.com

China Telecom Corporation Limited, together with its subsidiaries, provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People’s Republic of China. It offers mobile communications; wireline and smart family; industrial digitalisation; and other services. The company was incorporated in 2002 and is based in Beijing, China.

China Telecom Corporation Limited Fundamentals Summary

How do China Telecom's earnings and revenue compare to its market cap?
728 fundamental statistics
Market capHK$608.76b
Earnings (TTM)HK$36.35b
Revenue (TTM)HK$597.22b
13.1x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
728 income statement (TTM)
RevenueCN¥520.39b
Cost of RevenueCN¥371.48b
Gross ProfitCN¥148.91b
Other ExpensesCN¥117.24b
EarningsCN¥31.67b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.35
Gross Margin28.61%
Net Profit Margin6.09%
Debt/Equity Ratio2.0%

How did 728 perform over the long term?

See historical performance and comparison

Dividends

6.0%
Current Dividend Yield
79%
Payout Ratio

Does 728 pay a reliable dividends?

See 728 dividend history and benchmarks
When do you need to buy 728 by to receive an upcoming dividend?
China Telecom dividend dates
Ex Dividend DateJun 02 2026
Dividend Pay DateJul 08 2026
Days until Ex dividend32 days
Days until Dividend pay date68 days

Does 728 pay a reliable dividends?

See 728 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 06:30
End of Day Share Price 2026/04/30 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

China Telecom Corporation Limited is covered by 49 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anand RamachandranBarclays
Chris LaneBernstein
Wai Kit ChuBofA Global Research