company background image
788 logo

China Tower SEHK:788 Stock Report

Last Price

HK$1.12

Market Cap

HK$195.8b

7D

4.7%

1Y

38.3%

Updated

21 Dec, 2024

Data

Company Financials +

China Tower Corporation Limited

SEHK:788 Stock Report

Market Cap: HK$195.8b

788 Stock Overview

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

788 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance4/6
Financial Health5/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

China Tower Corporation Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for China Tower
Historical stock prices
Current Share PriceHK$1.12
52 Week HighHK$1.18
52 Week LowHK$0.72
Beta0.21
1 Month Change8.74%
3 Month Change12.00%
1 Year Change38.27%
3 Year Change31.76%
5 Year Change-34.50%
Change since IPO-11.11%

Recent News & Updates

Shareholders Should Be Pleased With China Tower Corporation Limited's (HKG:788) Price

Oct 08
Shareholders Should Be Pleased With China Tower Corporation Limited's (HKG:788) Price

China Tower (HKG:788) Seems To Use Debt Quite Sensibly

Sep 21
China Tower (HKG:788) Seems To Use Debt Quite Sensibly

Recent updates

Shareholders Should Be Pleased With China Tower Corporation Limited's (HKG:788) Price

Oct 08
Shareholders Should Be Pleased With China Tower Corporation Limited's (HKG:788) Price

China Tower (HKG:788) Seems To Use Debt Quite Sensibly

Sep 21
China Tower (HKG:788) Seems To Use Debt Quite Sensibly

China Tower (HKG:788) Is Looking To Continue Growing Its Returns On Capital

Aug 30
China Tower (HKG:788) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well

Jun 17
These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well

China Tower Corporation Limited's (HKG:788) P/E Still Appears To Be Reasonable

May 27
China Tower Corporation Limited's (HKG:788) P/E Still Appears To Be Reasonable

Capital Allocation Trends At China Tower (HKG:788) Aren't Ideal

Mar 11
Capital Allocation Trends At China Tower (HKG:788) Aren't Ideal

Shareholder Returns

788HK TelecomHK Market
7D4.7%3.3%-0.5%
1Y38.3%37.5%19.9%

Return vs Industry: 788 matched the Hong Kong Telecom industry which returned 37.5% over the past year.

Return vs Market: 788 exceeded the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 788's price volatile compared to industry and market?
788 volatility
788 Average Weekly Movement4.5%
Telecom Industry Average Movement4.3%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 788 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 788's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201422,994Li Chenwww.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?
788 fundamental statistics
Market capHK$195.79b
Earnings (TTM)HK$11.25b
Revenue (TTM)HK$102.64b

17.4x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
788 income statement (TTM)
RevenueCN¥96.31b
Cost of RevenueCN¥16.25b
Gross ProfitCN¥80.06b
Other ExpensesCN¥69.50b
EarningsCN¥10.56b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.06
Gross Margin83.13%
Net Profit Margin10.96%
Debt/Equity Ratio43.8%

How did 788 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

DataLast Updated (UTC time)
Company Analysis2024/12/21 23:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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.

AnalystInstitution
Wenzhou HuBOCI Research Ltd.
Michael MengBOCI Research Ltd.
Wai Kit ChuBofA Global Research