Earnings Alerts

Revealed: China Telecom (H)(728) Earnings – 1Q Net Income Hits 8.60B Yuan with Impressive 5G Penetration

  • The net income of China Telecom in the first quarter was 8.60 billion yuan.
  • The operating revenue for the same period was reported to be 135.49 billion yuan.
  • Service revenue came in at 124.35 billion yuan in the first quarter.
  • Earnings before interest, taxes, depreciation and amortization (Ebitda) stood at 35.10 billion yuan.
  • China Telecom reported 411.65 million mobile subscriptions in the first quarter.
  • The average revenue per user for mobile services was 45.80 yuan.
  • The company had a significant 328.72 million 5G package subscribers during this period.
  • The 5G penetration rate for the telecom giant was 79.9% in the first quarter.
  • Moreover, the company saw 24 buys, with zero holds and sells.

China Telecom (H) on Smartkarma

Analysts on Smartkarma are closely monitoring China Telecom (H) as part of their independent research. Travis Lundy, a prominent analyst on the platform, recently published a bullish report titled “HK Connect SOUTHBOUND Flows; Continued Big Buys of SOEs.” Lundy highlighted the positive trend in SOUTHBOUND flows and the consistent buying of state-owned enterprises (SOEs), particularly in the telecom sector. With upcoming ex-dates for high-dividend SOEs in oil and telecom industries, Lundy anticipates continued net flows. Despite fluctuations in stock indices, the pairing of H-shares with A-shares saw an increase, reflecting ongoing interest in the market.


A look at China Telecom (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE4.6

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

China Telecom (H) is in a strong position for long-term growth and stability, as indicated by its Smartkarma Smart Scores. With top scores in Value, Dividend, Growth, and Momentum, the company showcases positive indicators across key factors impacting its outlook. The high Value score reflects the company’s attractive valuation, while the top Dividend score signals a strong dividend payment history. Furthermore, a perfect Growth score suggests promising potential for future expansion. Although the Resilience score is slightly lower, China Telecom’s overall robust performance across other factors bodes well for its long-term prospects.

China Telecom Corporation Limited, a leading provider of wireline telephone, data, and Internet services in China, demonstrates strong fundamentals according to Smartkarma’s analysis. With an emphasis on value, dividends, growth, and momentum, China Telecom (H) appears well-positioned to capitalize on growth opportunities and deliver solid returns to investors over the long term. The company’s strategic focus on providing essential communication services in China underpins its resilience and further strengthens its outlook for sustained success.


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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