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China Tower
(0788)
China Tower (0788) vs. iShares MSCI Hong Kong ETF (EWH)
China Tower Business Overview & Revenue Model
China Tower Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 99.13B | 97.77B | 94.01B | 92.17B | 86.58B | 81.10B |
| Gross Profit | 66.83B | 81.21B | 88.62B | 86.31B | 81.42B | 69.18B |
| EBITDA | 57.48B | 53.42B | 64.71B | 64.06B | 63.34B | 59.88B |
| Net Income | 11.16B | 10.73B | 9.75B | 8.79B | 7.33B | 6.43B |
Balance Sheet | ||||||
| Total Assets | 331.13B | 332.83B | 326.01B | 305.56B | 323.26B | 337.38B |
| Cash, Cash Equivalents and Short-Term Investments | 8.67B | 4.47B | 5.18B | 5.12B | 6.47B | 5.04B |
| Total Debt | 92.64B | 92.55B | 94.63B | 79.12B | 101.30B | 112.87B |
| Total Liabilities | 130.77B | 132.85B | 128.31B | 111.97B | 133.91B | 151.13B |
| Stockholders Equity | 200.35B | 199.98B | 197.69B | 193.59B | 189.35B | 186.25B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 19.68B | -638.00M | 36.47B | 27.83B | 19.55B |
| Operating Cash Flow | 0.00 | 49.47B | 32.84B | 65.13B | 60.50B | 57.55B |
| Investing Cash Flow | 0.00 | -27.98B | -31.91B | -27.66B | -31.52B | -37.90B |
| Financing Cash Flow | 0.00 | -22.84B | -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 |
|---|---|---|---|---|---|---|---|
76 Outperform | HK$33.31B | 8.56 | 8.00% | 5.24% | 1.54% | -2.09% | |
73 Outperform | HK$9.44B | 10.30 | 8.67% | 7.46% | -0.62% | -5.10% | |
72 Outperform | HK$188.00B | 16.64 | 5.62% | 4.03% | 3.24% | 8.66% | |
72 Outperform | HK$88.26B | 17.13 | 14.75% | 2.86% | 2.33% | 2.41% | |
67 Neutral | HK$592.26B | 13.32 | 7.66% | 5.40% | 0.53% | 5.28% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
49 Neutral | HK$44.91B | -160.66 | ― | 1.68% | 4.26% | 36.68% |
China Tower Corporate Events
China Tower Corporation Limited has announced the current composition of its board of directors, listing executive, non-executive and independent non-executive directors, with Zhang Zhiyong serving as chairman and Chen Li as general manager. The company also detailed the membership and leadership structure of its five key board committees—Strategy, Remuneration and Appraisal, Nomination, Audit, and Connected Transaction—clarifying governance roles and responsibilities, which underscores its emphasis on corporate oversight, risk management and regulatory compliance as it manages critical telecom infrastructure in China.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$14.00 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 announced that shareholders approved all resolutions at its second extraordinary general meeting of 2025, held in Beijing, with no voting restrictions and poll scrutiny conducted by Computershare Hong Kong Investor Services Limited. The meeting endorsed the appointment of Luan Xiaowei as a non-executive director, effective 23 December 2025 for the remainder of the third board session, during which he will serve without director’s remuneration, and also approved the 2024 remuneration plan and 2022–2024 tenure incentive payments for the company’s executive directors, underscoring continuity in corporate governance and executive incentive structures.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$14.00 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 withdrawn several special resolutions that were due to be considered at its second extraordinary general meeting of 2025 and related class meetings on 23 December, including proposed amendments to its Articles of Association, the abolition of its Supervisory Committee and related changes to meeting and board procedural rules. The board said the withdrawal is intended to give shareholders more time to review the extensive proposals and address their concerns; as a result, the class meetings for H shareholders and domestic shareholders are cancelled, while the EGM will proceed on the same date and venue with only the remaining ordinary resolutions to be put to a vote, leaving the company’s existing governance framework and committee structure unchanged for now.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$14.00 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 change in the timing of its Second Extraordinary General Meeting and the First Class Meetings of H and Domestic Shareholders, all scheduled for December 23, 2025. These changes are due to administrative arrangements, and shareholders are advised to submit their proxy forms at least 24 hours before the new meeting times to ensure their participation. The adjustments are procedural and do not affect any other information previously communicated in the notices.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$14.00 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 special resolution for its upcoming First Class Meeting of Domestic Shareholders in December 2025. The resolution includes amendments to the company’s Articles of Association and the abolishment of the Supervisory Committee. This move is part of the company’s strategic efforts to streamline its governance structure, potentially impacting its operational efficiency and stakeholder engagement.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$14.00 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 the agenda for its second extraordinary general meeting of 2025, scheduled for December 23, 2025, in Beijing. Key items include the appointment of Mr. Luan Xiaowei as a non-executive director, approval of the remuneration plan for 2024, and amendments to the company’s Articles of Association, including the abolishment of the Supervisory Committee. These changes reflect the company’s ongoing efforts to streamline governance and enhance operational efficiency, potentially impacting its strategic direction and stakeholder engagement.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$14.00 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 First Class Meeting of H Shareholders for 2025, scheduled for December 23, 2025, in Beijing. The meeting will address a special resolution to amend the company’s Articles of Association, abolish the Supervisory Committee, and revise the Rules of Procedure for General Meetings. These changes are expected to streamline governance and potentially impact the company’s operational efficiency and stakeholder engagement.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$14.00 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 the resignation of Mr. Liu Guiqing from his role as a non-executive director due to changes in work responsibilities. The company has proposed the appointment of Mr. Luan Xiaowei, who brings extensive experience in the telecommunications industry, as a new non-executive director, pending shareholder approval at the upcoming extraordinary general meeting.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$12.50 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 proposed amendments to its Articles of Association and the abolishment of its Supervisory Committee, in response to recent changes in the PRC Company Law and other regulatory updates. These changes, which are subject to shareholder approval, aim to align the company’s governance structure with new legal requirements and streamline its operations by transferring the Supervisory Committee’s functions to the audit committee under the Board. The proposed amendments will be considered at an extraordinary general meeting and class meetings scheduled for December 2025.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$12.50 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 revisions to its annual caps for several framework agreements due to anticipated increases in transaction volumes driven by business expansion. The company expects higher demands for value-added services, materials procurement, and non-telecommunications services, prompting adjustments to agreements with major telecom groups such as CMCC, CUC, and CTC. These revisions are expected to support the company’s growth and operational needs while maintaining existing terms and conditions.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$12.50 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 reported a 2.6% increase in operating revenue for the first three quarters of 2025, reaching RMB74,319 million. The company’s smart tower and energy businesses showed significant growth, with revenues rising by 16.8% and 11.5% respectively, while the traditional tower business saw a slight decline. The company’s profit attributable to owners increased by 6.8% to RMB8,708 million, indicating a positive financial performance and potential for future growth in diversified business areas.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$12.50 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 announced a change in accounting estimates for its DAS Assets, extending their estimated useful lives from 7 to 10 years, effective from July 1, 2025. This adjustment, driven by improvements in technical standards and asset management, is expected to reduce depreciation expenses by approximately RMB870 million for 2025, enhancing the accuracy of financial reporting and aligning with IFRS standards.
The most recent analyst rating on (HK:0788) stock is a Buy with a HK$12.50 price target. To see the full list of analyst forecasts on China Tower stock, see the HK:0788 Stock Forecast page.