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China Tower
(OTC:0788)
China Tower (0788) vs. iShares MSCI Hong Kong ETF (EWH)
China Tower Business Overview & Revenue Model
China Tower Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 97.77B | 94.01B | 92.17B | 86.58B | 81.10B | Gross Profit |
| 81.21B | 88.62B | 86.31B | 81.42B | 75.29B | EBIT |
| 16.33B | 14.50B | 13.31B | 13.04B | 12.01B | EBITDA |
| 53.42B | 64.71B | 64.06B | 63.34B | 59.88B | Net Income Common Stockholders |
| 10.73B | 9.75B | 8.79B | 7.33B | 6.43B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 4.47B | 5.18B | 5.12B | 6.47B | 5.04B | Total Assets |
| 332.83B | 326.01B | 305.56B | 323.26B | 337.38B | Total Debt |
| 92.54B | 94.63B | 79.12B | 101.30B | 112.87B | Net Debt |
| 89.94B | 90.67B | 74.00B | 94.83B | 107.83B | Total Liabilities |
| 132.85B | 128.31B | 111.97B | 133.91B | 151.13B | Stockholders Equity |
| 199.98B | 197.69B | 193.59B | 189.35B | 186.25B |
| Cash Flow | Free Cash Flow | |||
| 0.00 | -638.00M | 36.47B | 27.83B | 19.55B | Operating Cash Flow |
| 0.00 | 32.84B | 65.13B | 60.50B | 57.55B | Investing Cash Flow |
| 0.00 | -31.91B | -27.66B | -31.52B | -37.90B | Financing Cash Flow |
| 0.00 | -2.10B | -38.83B | -27.56B | -20.84B |
China Tower Technical Analysis
China Tower Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | HK$190.95B | 17.49 | 5.39% | 4.68% | 2.02% | 7.93% | |
61 Neutral | $14.27B | 5.74 | -4.20% | 3.66% | 2.73% | -35.75% | |
| $1.07B | 9.19 | 8.46% | 11.18% | ― | ― | ||
| €85.68B | 11.80 | 7.35% | 6.30% | ― | ― | ||
| $3.99B | 7.64 | 8.19% | 5.51% | ― | ― | ||
| $10.92B | 11.66 | 13.76% | 9.89% | ― | ― | ||
61 Neutral | HK$40.38B | ― | -14.69% | 7.33% | 3.33% | 36.39% |
China Tower Corporate Events
China Tower Corporation Limited has announced the composition of its board of directors, highlighting the roles and functions of its executive, non-executive, and independent non-executive directors. This announcement outlines the structure of the board committees, which include the Strategy, Remuneration and Appraisal, Nomination, Audit, and Connected Transaction Committees, indicating a structured governance approach that may impact the company’s strategic direction and operational efficiency.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on China Tower stock, see the HK:0788 Stock Forecast page.
China Tower Corporation Limited has announced a final cash dividend of RMB 0.30796 per share for the financial year ending December 31, 2024, with payments to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.084599. The announcement includes details about withholding tax rates applicable to non-resident shareholders, reflecting the company’s commitment to transparent financial practices and its impact on shareholder returns.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on China Tower stock, see the HK:0788 Stock Forecast page.
China Tower Corporation Limited held its Annual General Meeting (AGM) on May 20, 2025, where several key resolutions were passed. The resolutions included the approval of the company’s consolidated financial statements, profit distribution, and final dividend declaration for the year ended December 31, 2024. Additionally, the re-appointment of KPMG as the international auditor and KPMG Huazhen LLP as the domestic auditor was approved. The AGM also saw the appointment of Mr. Cheng Jianjun as a non-executive director. These decisions reflect the company’s ongoing commitment to maintaining robust financial practices and enhancing its governance structure.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$1.25 price target. To see the full list of analyst forecasts on China Tower stock, see the HK:0788 Stock Forecast page.
China Tower Corporation Limited has issued a revised notice for its upcoming annual general meeting (AGM) scheduled for May 20, 2025, in Hong Kong. The revised notice includes an additional resolution for the appointment of a non-executive director, Mr. Cheng Jianjun. The AGM will address several key resolutions, including the approval of financial statements, profit distribution, and auditor appointments. Additionally, a special resolution will be considered to grant the board a mandate to issue debt financing instruments up to RMB50 billion, reflecting the company’s strategic financial planning and potential expansion efforts.
China Tower Corporation Limited has proposed the appointment of Mr. Cheng Jianjun as a non-executive director, pending shareholder approval at the upcoming annual general meeting. Mr. Cheng brings extensive experience from his previous roles in various communications and regulatory bodies in China, which could enhance China Tower’s strategic positioning in the telecommunications sector.
China Tower Corporation Limited reported a 3.3% increase in operating revenue for the first quarter of 2025, reaching RMB24,771 million. The company’s EBITDA rose by 4.2% to RMB17,295 million, and profit attributable to owners increased by 8.6% to RMB3,024 million. The revenue growth was driven by significant increases in the DAS, Smart Tower, and Energy business segments, despite a slight decline in the Tower business revenue. The company’s financial performance indicates a strong market position and potential for continued growth in its diversified business segments.
China Tower Corporation Limited has announced its annual general meeting (AGM) for 2024, scheduled for May 20, 2025, in Hong Kong. Key agenda items include the approval of the company’s financial statements, profit distribution, and dividend declaration for 2024, as well as the re-appointment of KPMG as auditors. Additionally, a special resolution will be considered to grant the board a mandate to issue up to RMB50 billion in debt financing instruments, including corporate bonds, to support the company’s financial strategies and operations.
China Tower Corporation Limited has announced that its board of directors will hold a meeting on April 17, 2025, to approve the financial results for the first quarter ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and could impact its market positioning and stakeholder confidence.
China Tower Corporation Limited announced a final cash dividend of RMB 0.30796 per share for the financial year ending December 31, 2024, with payment scheduled for June 30, 2025. The announcement outlines the withholding tax rates applicable to different categories of shareholders, reflecting the company’s compliance with international tax treaties and its impact on shareholder returns.
China Tower Corporation Limited reported steady financial growth for the year ending December 31, 2024, with operating revenue increasing by 4.0% to RMB97,772 million. The company saw significant growth in its Smart Tower and DAS businesses, contributing to an overall improvement in profitability, with EBITDA rising by 4.7% and net profit by 10.0%. The company maintained a healthy financial position with a gearing ratio of 31.0% and increased shareholder returns, recommending a final dividend of RMB0.30796 per share, marking an 11.5% increase from the previous year. These results underscore China Tower’s strategic focus on enhancing its core operational capabilities and competitiveness in the digital infrastructure sector.
China Tower Corporation Limited has announced that its Board of Directors will hold a meeting on March 17, 2025, to approve the financial results for the year ending December 31, 2024, and to consider the payment of a final dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential shareholder returns, impacting stakeholders’ perceptions and the company’s market position.