China Tower Corp. Ltd. Class H

China Tower Corp. Ltd. Class H

1.00
EUR
+0.01
(+0.50%)
17.13BMarket Cap
Mar 22Next Earn
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.51
3.25
5.31
4.84
4.35
4.64
4.95
5.27
5.38
5.59
5.74
- -
Basic EPS, GAAP
-0.21
- -
0.15
0.18
0.3
0.37
0.42
0.5
0.56
0.61
0.67
- -
Free Cash Flow per Basic Share
-1.27
-1.07
-1.32
0.84
1.24
1.12
1.58
2.09
-0.04
1.13
1.46
- -
Dividend per Share
- -
- -
- -
- -
0.02
0.15
0.23
0.26
0.32
0.48
0.44
- -
Book Value per Share
9.7
9.71
9.86
10.26
40.03
10.58
10.76
11
11.23
11.44
11.66
11.77
Tangible Book Value per Share
9.7
9.71
9.86
10.26
39.81
10.52
10.69
10.94
11.17
11.38
11.61
11.71
Basic Weighted Avg Shares
17,246
17,246
12,934
14,849
17,564
17,486
17,481
17,481
17,481
17,481
17,481
17,481
Sales/Revenue/Turnover
8,802
55,997
68,665
71,819
76,428
81,099
86,585
92,170
94,009
97,772
100,411
- -
Operating Margin (%)
-47.27
9.05
13.39
13.9
16.14
16.42
16.17
17.42
16.89
16.34
17.13
- -
Depreciation Expense
5,138
27,585
32,642
32,692
45,415
47,515
49,982
49,532
49,049
50,229
48,454
- -
Net Income, GAAP
-3,596
76
1,943
2,650
5,222
6,428
7,329
8,787
9,750
10,729
11,630
- -
Effective Tax Rate (%)
- -
28.3
27.64
23.74
23.64
23.55
23.79
23.78
24.02
24
24.3
- -
Profit Margin (%)
-40.85
0.14
2.83
3.69
6.83
7.93
8.46
9.53
10.37
10.97
11.58
- -
Working Capital
-10,014
-132,003
-119,524
-82,960
-87,369
-63,431
-27,838
-15,452
14,149
15,561
23,504
52,151
LT Debt
10,984
12,280
43,793
19,064
26,342
43,866
57,249
46,395
64,018
56,642
51,675
76,982
Total Equity
125,476
125,552
127,495
180,502
182,561
186,246
189,354
193,591
197,694
199,979
203,908
205,710
Return on Invested Capital (%)
- -
2.24
2.53
2.53
2.95
3.05
3.37
3.61
3.92
4.28
4.54
- -
Return on Capital (%)
- -
2.29
2.61
2.65
3.02
3.14
3.45
3.93
4.21
4.35
4.59
- -
Return on Common Equity (%)
- -
0.06
1.54
1.72
2.88
3.49
3.9
4.59
4.98
5.4
5.76
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
38,785
- -
24,410
LT Borrowings
36,025
- -
60,352
LT Finance Leases
15,650
- -
16,630
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17,481
17,481
17,481
Market Capitalization
178,315
162,934
132,790

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
104,069
- -
120,262
Cash, Cash Equivalents & STI
12,312
- -
6,655
Accounts Receivable, Net
81,840
- -
103,517
Inventories
- -
- -
- -
Total Current Liabilities
80,565
- -
68,111
Payables & Accruals
- -
- -
- -
ST Debt
38,785
- -
24,410
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.55%
1.83%
1.96%
Free Cash Flow
-331.67%
-636.56%
30.07%
Net Income, GAAP
257.43%
12.66%
8.4%
Sales/Revenue/Turnover
59.78%
4.38%
2.7%
Total Cash Common Dividend
- -
26.79%
-8.79%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
97,772
2025
- -
- -
- -
- -
100,411
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.61
2025
- -
- -
- -
- -
0.67
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.48
2025
- -
- -
- -
- -
0.44
2026
- -
- -
- -
- -
- -

Company Description

CEO
Li Chen
Full Time Employees
25,074
Sector
Communications
Industry
Specialty telecommunications
Address
Building 14 Beijing BE China 100195
IPO Date
Aug 8, 2018
Business
China Tower Corporation Limited is the world's largest telecommunications tower infrastructure service provider, principally engaged in the construction, maintenance, and operation of base station ancillary facilities such as telecommunications towers, public network coverage in high-speed railways and subways, and large-scale indoor Distributed Antenna Systems (DAS). The company provides a comprehensive range of products and services including tower infrastructure leasing, shelter and cabinet provision, power access and backup power solutions, battery exchange and recharge services, as well as trans-sector site application and integrated information services. Its core business segments include the Tower Business, focusing on macro cell and small cell site resources; the Indoor DAS Business, providing indoor distributed antenna systems for enhanced mobile signal coverage; and the Trans-sector Site Application and Information (TSSAI) Business, which delivers site resource services, maintenance, power, and site-based information solutions supporting various industry customers across China. China Tower operates over 2.09 million tower sites across 31 provinces, municipalities and autonomous regions in the People's Republic of China, serving more than 3.79 million tenants with a tenancy ratio of 1.81. Its major clients include leading telecommunications service providers such as China Mobile, China Unicom, and China Telecom. Established in 2014 and headquartered in Beijing, China Tower plays a pivotal role in China's telecommunications infrastructure development and digital transformation, catering to extensive applications including high-speed railways, subways, commercial buildings, and large venues. In recent developments, in late 2025, China Tower initiated a significant corporate governance restructuring by proposing the abolishment of its supervisory committee with the transfer of its functions to the audit committee, aiming to streamline oversight and enhance board accountability. This governance change is subject to shareholder approval and reflects a strategic move amid ongoing digital infrastructure expansion and 5G network densification. The company continues to focus on steady leasing revenues and diversifies into new sectors while navigating the evolving competitive landscape of China's telecom tower industry. China Tower's latest strategic initiatives emphasize deepening the "One Core and Two Wings" business strategy, sustaining growth in 5G tower assets, expanding indoor DAS deployments, and enhancing trans-sector applications through advanced site data and integrated energy services. These efforts position the company to support China's ongoing digital infrastructure modernization and the broader digital economy. Overall, China Tower Corporation Limited remains a state-owned enterprise with a dominant market share in China's telecom tower sector, driving innovation and operational excellence in telecommunications infrastructure services.

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