- China Tower’s operating revenue for the first half of the year reached 49.60 billion yuan, closely aligning with the estimated 49.71 billion yuan.
- The company’s net income amounted to 5.76 billion yuan.
- Revenue from its tower business was 37.80 billion yuan.
- Analyst recommendations included 11 buy ratings and 3 hold ratings, with no sell ratings.
A look at China Tower Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.2 |
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, demonstrates a strong long-term outlook according to Smartkarma Smart Scores. With top scores in Value, Dividend, and Growth at 5 each, the company is positioned well for future success. Investors can find confidence in the company’s financial health, potential for dividend payouts, and prospects for growth in the telecommunications sector.
Despite slightly lower scores in Resilience and Momentum, at 2 and 4 respectively, China Tower’s core strengths in value, dividend, and growth suggest a fundamentally sound business model. As the company continues to expand its telecommunication towers construction and maintenance services across China, its overall outlook remains promising for the long term.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
