China Tower Corporation Limited

SEHK:788 Stock Report

Market Cap: HK$195.8b

China Tower Past Earnings Performance

Past criteria checks 4/6

China Tower has been growing earnings at an average annual rate of 15.2%, while the Telecom industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 5.1% per year. China Tower's return on equity is 5.4%, and it has net margins of 11%.

Key information

15.2%

Earnings growth rate

15.3%

EPS growth rate

Telecom Industry Growth7.5%
Revenue growth rate5.1%
Return on equity5.4%
Net Margin11.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

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

China Tower Corporation Limited (HKG:788) Not Flying Under The Radar

Dec 21
China Tower Corporation Limited (HKG:788) Not Flying Under The Radar

Revenue & Expenses Breakdown

How China Tower makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:788 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2496,31010,5566,1680
30 Jun 2495,79510,2396,5860
31 Mar 2494,78410,0286,359-5
31 Dec 2394,0099,7506,1680
30 Sep 2393,6389,7357,16215
30 Jun 2393,1529,4046,5580
31 Mar 2392,7369,1146,4505
31 Dec 2292,1708,7876,4590
30 Sep 2290,6798,4726,385-6
30 Jun 2289,3918,0965,8280
31 Mar 2288,0677,8155,881-4
31 Dec 2186,5857,3295,6200
30 Sep 2185,4677,1205,1459
30 Jun 2183,9786,9076,7890
31 Mar 2182,5596,6695,0026
31 Dec 2081,0996,4284,9660
30 Sep 2079,6075,91349016
30 Jun 2078,2425,6522270
31 Mar 2077,2215,390-6200
31 Dec 1976,4285,2221930
30 Sep 1975,2184,56210,2500
30 Jun 1974,4643,9886,8390
31 Mar 1973,4723,55413,3810
31 Dec 1871,8192,65012,1960
30 Sep 1871,7562,22315,9540
30 Jun 1870,7282,03311,7460
31 Mar 1869,4601,83912,0580
31 Dec 1768,6651,94311,3360
31 Dec 1655,997762,3520
31 Dec 158,802-3,5952,2340

Quality Earnings: 788 has high quality earnings.

Growing Profit Margin: 788's current net profit margins (11%) are higher than last year (10.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 788's earnings have grown by 15.2% per year over the past 5 years.

Accelerating Growth: 788's earnings growth over the past year (8.4%) is below its 5-year average (15.2% per year).

Earnings vs Industry: 788 earnings growth over the past year (8.4%) exceeded the Telecom industry 5.5%.

Return on Equity

High ROE: 788's Return on Equity (5.4%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 09:51
End of Day Share Price 2024/12/19 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