China Telecom Corporation Limited

SHSC:728 Stock Report

Market Cap: HK$623.6b

China Telecom Past Earnings Performance

Past criteria checks 2/6

China Telecom has been growing earnings at an average annual rate of 7.4%, while the Telecom industry saw earnings growing at 0.3% annually. Revenues have been growing at an average rate of 4.9% per year. China Telecom's return on equity is 6.7%, and it has net margins of 6.1%.

Key information

7.44%

Earnings growth rate

5.97%

EPS growth rate

Telecom Industry Growth7.49%
Revenue growth rate4.94%
Return on equity6.65%
Net Margin6.09%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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


Earnings and Revenue History

SHSC:728 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26520,39431,67195,89615,594
31 Dec 25523,92533,18595,53915,594
30 Sep 25531,71934,48768,477382
30 Jun 25532,87534,21766,3560
31 Mar 25523,57433,27996,51014,527
31 Dec 24523,56933,01296,41914,527
30 Sep 24521,26532,64489,6268,750
30 Jun 24520,89832,10567,0550
31 Mar 24512,74831,0595130
31 Dec 23513,55130,44666,8040
30 Sep 23504,72030,15165,6680
30 Jun 23499,79329,45565,0900
31 Mar 23492,40728,35464,3150
31 Dec 22481,44827,59364,2770
30 Sep 22473,99927,16541,737-2,937
30 Jun 22462,63526,49763,5700
31 Mar 22452,86426,73054,578-713
31 Dec 21439,55325,94961,1540
30 Sep 21429,27725,47161,247672
30 Jun 21418,99524,64458,6720
31 Mar 21405,52421,46958,506207
31 Dec 20393,56120,85055,0590
30 Sep 20383,72820,83474,9902,265
30 Jun 20379,04920,55754,1420
31 Mar 20373,95320,38361,877506
31 Dec 19375,73420,51757,3610
30 Sep 19374,97920,56559,3300
30 Jun 19374,58321,54959,5900
31 Mar 19376,64621,46860,1950
31 Dec 18377,12421,21059,4220
30 Sep 18376,23319,12359,2280
30 Jun 18374,94319,63258,7400
31 Mar 18371,11718,96463,7990
31 Dec 17366,22918,61758,4340
30 Sep 17363,68519,00359,3340
30 Jun 17360,02118,90057,8490
31 Mar 17357,59918,25056,6710
31 Dec 16352,53418,01856,4260
30 Sep 16348,70121,23655,8170
30 Jun 16343,07720,74756,7290
31 Mar 16336,17520,12756,2580
31 Dec 15331,20220,05454,4720
30 Sep 15327,10317,87252,2050
30 Jun 15323,37417,22450,8380

Quality Earnings: 728 has high quality earnings.

Growing Profit Margin: 728's current net profit margins (6.1%) are lower than last year (6.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 728's earnings have grown by 7.4% per year over the past 5 years.

Accelerating Growth: 728's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 728 had negative earnings growth (-4.8%) over the past year, making it difficult to compare to the Telecom industry average (1.1%).


Return on Equity

High ROE: 728's Return on Equity (6.7%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 14:56
End of Day Share Price 2026/05/22 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 48 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