- China Tower’s net income for the first quarter is 3.02 billion yuan, showing an 8.6% increase year-over-year.
- The company’s operating revenue reached 24.77 billion yuan, marking a 3.3% rise compared to the previous year.
- Revenue from the tower business slightly decreased by 0.4%, amounting to 18.88 billion yuan.
- EBITDA stands at 17.30 billion yuan, which is a 4.2% increase year-over-year.
- The EBITDA margin remains strong at 69.8%.
- China Tower manages 2.11 million tower sites, accommodating 3.82 million tenants.
- Analyst ratings include 12 buy recommendations, 3 hold recommendations, and no sell recommendations.
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, is well-positioned for long-term success according to Smartkarma Smart Scores. With top scores in Value, Dividend, and Growth factors, China Tower demonstrates strong fundamentals and a promising future outlook. This indicates that the company is considered highly valuable, offers attractive dividend returns, and shows potential for continued growth in the market.
Although China Tower receives a lower score in Resilience compared to other factors, its Momentum score of 4 suggests positive market momentum. Overall, China Tower’s robust performance in key areas bodes well for its future prospects in the telecommunications industry. As a provider of telecommunication tower construction, maintenance services, and operating throughout China, China Tower is well-positioned to capitalize on the growing demand for communication infrastructure in the region.
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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