China Tower Balance Sheet Health
Financial Health criteria checks 5/6
China Tower has a total shareholder equity of CN¥196.5B and total debt of CN¥86.0B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are CN¥316.7B and CN¥120.3B respectively. China Tower's EBIT is CN¥16.0B making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥5.4B.
Key information
43.8%
Debt to equity ratio
CN¥85.99b
Debt
| Interest coverage ratio | 5.7x |
| Cash | CN¥5.42b |
| Equity | CN¥196.49b |
| Total liabilities | CN¥120.26b |
| Total assets | CN¥316.75b |
Recent financial health updates
China Tower (HKG:788) Seems To Use Debt Quite Sensibly
Sep 21
These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well
Jun 17Recent updates
Shareholders Should Be Pleased With China Tower Corporation Limited's (HKG:788) Price
Oct 08China Tower (HKG:788) Seems To Use Debt Quite Sensibly
Sep 21China Tower (HKG:788) Is Looking To Continue Growing Its Returns On Capital
Aug 30These 4 Measures Indicate That China Tower (HKG:788) Is Using Debt Reasonably Well
Jun 17China Tower Corporation Limited's (HKG:788) P/E Still Appears To Be Reasonable
May 27Capital Allocation Trends At China Tower (HKG:788) Aren't Ideal
Mar 11China Tower Corporation Limited (HKG:788) Not Flying Under The Radar
Dec 21Financial Position Analysis
Short Term Liabilities: 788's short term assets (CN¥76.2B) exceed its short term liabilities (CN¥65.2B).
Long Term Liabilities: 788's short term assets (CN¥76.2B) exceed its long term liabilities (CN¥55.0B).
Debt to Equity History and Analysis
Debt Level: 788's net debt to equity ratio (41%) is considered high.
Reducing Debt: 788's debt to equity ratio has reduced from 49.5% to 43.8% over the past 5 years.
Debt Coverage: 788's debt is well covered by operating cash flow (62.9%).
Interest Coverage: 788's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 09:51 |
| End of Day Share Price | 2024/12/19 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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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 |