- China Telecom’s operating revenue for the fiscal year was 529.42 billion yuan, slightly exceeding the estimate of 528.4 billion yuan.
- Service revenue for the year was 482.03 billion yuan, just below the estimated 483.02 billion yuan.
- Mobile communication services generated revenue of 202.52 billion yuan, surpassing the forecast of 201.83 billion yuan.
- Revenue from wireline and smart family services was 125.68 billion yuan, falling short of the estimated 126.99 billion yuan.
- Industrial digitalization services brought in 146.59 billion yuan, slightly under the expected 147.86 billion yuan.
- Other services recorded revenue of 7.24 billion yuan, slightly above the estimation of 7.14 billion yuan.
- Revenue from goods and other sources was 47.38 billion yuan, higher than the predicted 46.99 billion yuan.
- Net income stood at 33.01 billion yuan.
- The final dividend per share was declared at 9.270 RMB cents.
- Analyst recommendations include 17 buys, 0 holds, and 2 sells.
A look at China Telecom (H) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.6 |
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
According to Smartkarma Smart Scores, China Telecom (H) is showing strong potential for long-term growth. The company has received high scores across various key factors, with a top rating in both value and dividend. This indicates that China Telecom (H) is considered a solid investment option with good financial health and a promising dividend payout for investors. Additionally, the high momentum score suggests that the company is performing well in the market, showing positive trends that could continue into the future. With a focus on providing wireline telephone, data, Internet, and leased line services in China, China Telecom (H) seems well-positioned for continued success and steady growth in the telecommunications sector.
China Telecom Corporation Limited, the parent company of China Telecom (H), has a strong overall outlook based on the Smartkarma Smart Scores assessment. With high ratings in value, dividend, growth, resilience, and momentum, the company is demonstrating its potential for long-term success. Specializing in offering a range of telecommunications services in China, including wireline telephone and Internet access, China Telecom is positioned as a reliable and stable player in the industry. Investors looking for a combination of value, growth, and dividends may find China Telecom (H) to be a favorable choice for their investment portfolio based on the positive indicators highlighted by the Smart Scores.
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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