Earnings Alerts

Earnings Analysis: China Tower (788) Reports Robust 1Q Net Income of 2.78B Yuan Amid Growing Tower Business Revenue

  • China Tower reported a net income of 2.78 billion yuan for the first quarter.
  • The total operating revenue held steady at 23.97 billion yuan.
  • The revenue from the tower business accounted for 18.95 billion yuan.
  • Their ebitda (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached 16.60 billion yuan.
  • The company operates 2.06 million tower sites.
  • China Tower has 3.70 million tower tenants.
  • 10 analysts recommend buying China Tower stocks, 8 recommend holding, and none recommends selling.

A look at China Tower Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE4.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Tower Corporation Limited, a leading telecommunication company in China, has received strong Smart Scores across various factors, reflecting a positive long-term outlook. With top scores in Value and Dividend, investors can see the company as a valuable and rewarding investment opportunity. Additionally, a solid score in Growth indicates potential for future expansion and profitability. Despite a lower score in Resilience, the company’s high Momentum score suggests strong upward trends and market confidence. China Tower’s wide range of services, including telecommunication tower construction and maintenance, positions it as a key player in the telecommunications sector in China.

China Tower’s impressive Smart Scores showcase its strength in key areas essential for long-term success. With top ratings in Value, Dividend, and Momentum, the company demonstrates promising potential for growth and solid returns for investors. While facing some challenges in Resilience, China Tower’s strong presence in providing telecommunication services across China highlights its strategic positioning in a crucial industry. As the company continues to expand and enhance its services, it remains a solid choice for investors looking for a stable and rewarding long-term investment in the telecommunications sector.

### China Tower Corporation Limited operates as a telecommunication company. The Company provides telecommunication towers construction, towers maintenance, ancillary facilities management, and other services. China Tower provides its services throughout China. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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