Loading...
788 logo

China Tower Corporation LimitedSEHK:788 Stock Report

Market Cap HK$192.5b
Share Price
HK$11.01
n/a
1Y-9.0%
7D1.5%
Portfolio Value
​
View

China Tower Corporation Limited

SEHK:788 Stock Report

Market Cap: HK$192.5b

China Tower (788) Stock Overview

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

788 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 70.1% below our estimate of its fair value

Earnings are forecast to grow 18.04% per year

Earnings grew by 6.9% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 21.9%

Risk Analysis

Unstable dividend track record

Has a high level of debt


788 Community Fair Values

Create Narrative

See what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.

788 logo
China Tower

5G Expansion And Digital Evolution Will Drive A Resilient Future

Key Takeaways Growth in 5G deployment and digital transformation is fueling demand for core tower assets and smart infrastructure, driving stable revenue and new high-margin opportunities. Diversification into non-telecom sectors and disciplined cost control are enhancing profitability, cash flow, and reducing risk from customer concentration.
View narrative
HK$13.42
FV
18.0% undervalued intrinsic discount
3.87%
Revenue growth p.a.
48
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
788 logo
China Tower

5G Rollout And AI Asset Management Will Expand Digital Infrastructure

Key Takeaways Aggressive digitalization and platform-driven strategies could rapidly transform China Tower into a central digital infrastructure player, boosting revenue diversification and long-term margin expansion. Expansion in 5G, smart city initiatives, and strong financial discipline position the company for sustained service growth and potential for increased shareholder returns.
View narrative
HK$14.12
FV
22.0% undervalued intrinsic discount
4.98%
Revenue growth p.a.
11
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
788 logo
China Tower

Decelerating 5G Expansion Will Erode Core Tower Value

Key Takeaways Softer 5G rollout, asset sharing, and technology alternatives weaken core tower revenue, exerting pressure on pricing and margins. Dependency on top telecom clients and lackluster diversification hinder growth prospects and leave earnings vulnerable.
View narrative
HK$12.11
FV
9.1% undervalued intrinsic discount
2.64%
Revenue growth p.a.
17
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
View Stock Community

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$11.01
52 Week HighHK$12.85
52 Week LowHK$9.89
Beta0.33
1 Month Change-4.51%
3 Month Change-7.40%
1 Year Change-9.01%
3 Year Change28.02%
5 Year Change-10.49%
Change since IPO-12.62%

Recent News & Updates

Investors Interested In China Tower Corporation Limited's (HKG:788) Earnings

Feb 11
Investors Interested In China Tower Corporation Limited's (HKG:788) Earnings

China Tower (HKG:788) Has More To Do To Multiply In Value Going Forward

Jan 04
China Tower (HKG:788) Has More To Do To Multiply In Value Going Forward

Recent updates

Investors Interested In China Tower Corporation Limited's (HKG:788) Earnings

Feb 11
Investors Interested In China Tower Corporation Limited's (HKG:788) Earnings

China Tower (HKG:788) Has More To Do To Multiply In Value Going Forward

Jan 04
China Tower (HKG:788) Has More To Do To Multiply In Value Going Forward

Here's Why We Think China Tower (HKG:788) Might Deserve Your Attention Today

Dec 17
Here's Why We Think China Tower (HKG:788) Might Deserve Your Attention Today

China Tower Corporation Limited's (HKG:788) Share Price Matching Investor Opinion

Oct 14
China Tower Corporation Limited's (HKG:788) Share Price Matching Investor Opinion

Does China Tower (HKG:788) Have A Healthy Balance Sheet?

Sep 29
Does China Tower (HKG:788) Have A Healthy Balance Sheet?

Returns On Capital At China Tower (HKG:788) Have Stalled

Aug 26
Returns On Capital At China Tower (HKG:788) Have Stalled

Does China Tower (HKG:788) Deserve A Spot On Your Watchlist?

Aug 07
Does China Tower (HKG:788) Deserve A Spot On Your Watchlist?

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

Jul 06
China Tower Corporation Limited's (HKG:788) P/E Still Appears To Be Reasonable

Does China Tower (HKG:788) Have A Healthy Balance Sheet?

Jun 18
Does China Tower (HKG:788) Have A Healthy Balance Sheet?

China Tower (HKG:788) Has Some Way To Go To Become A Multi-Bagger

May 11
China Tower (HKG:788) Has Some Way To Go To Become A Multi-Bagger

Here's Why We Think China Tower (HKG:788) Is Well Worth Watching

Apr 25
Here's Why We Think China Tower (HKG:788) Is Well Worth Watching
User avatar

Expanding Two Wings And Smart Tower Businesses Will Improve Future Operational Efficiency

Expansion into Two Wings business and Smart Tower growth indicates strategic diversification to drive future revenue beyond core offerings.

China Tower Corporation Limited (HKG:788) Just Reported And Analysts Have Been Lifting Their Price Targets

Mar 19
China Tower Corporation Limited (HKG:788) Just Reported And Analysts Have Been Lifting Their Price Targets

Shareholder Returns

788HK TelecomHK Market
7D1.5%-1.7%0.5%
1Y-9.0%-10.2%22.6%

Return vs Industry: 788 underperformed the Hong Kong Telecom industry which returned -6.2% over the past year.

Return vs Market: 788 underperformed the Hong Kong Market which returned 28% over the past year.

Price Volatility

Is 788's price volatile compared to industry and market?
788 volatility
788 Average Weekly Movement2.9%
Telecom Industry Average Movement3.1%
Market Average Movement6.6%
10% most volatile stocks in HK Market14.0%
10% least volatile stocks in HK Market2.9%

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 (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201424,107Li 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 also 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$192.47b
Earnings (TTM)HK$12.77b
Revenue (TTM)HK$112.75b
15.1x
P/E Ratio
1.7x
P/S Ratio

Is 788 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
788 income statement (TTM)
RevenueCN¥99.64b
Cost of RevenueCN¥16.57b
Gross ProfitCN¥83.07b
Other ExpensesCN¥71.79b
EarningsCN¥11.28b

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.65
Gross Margin83.38%
Net Profit Margin11.32%
Debt/Equity Ratio46.2%

How did 788 perform over the long term?

See historical performance and comparison

Dividends

4.3%
Current Dividend Yield
68%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/13 18:27
End of Day Share Price 2026/02/13 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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 Tower Corporation Limited is covered by 30 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chris LaneBernstein
Wai Kit ChuBofA Global Research
Shuyun CheChina International Capital Corporation Limited