HU-CTWR@EC2704A

CICC Reports China Tower's Q1 Profit Up 31.8%, Maintains Outperform Industry Rating

China Tower Announces First Quarter Earnings

China Tower Announces Q1 Net Profit of 3.985 Billion Yuan

China Tower Reports 31.8% Profit Growth in Q1 2026 and Announces Strategy

China Tower Emphasizes 'One Core Two Wings' Strategy Progress in 2025 ESG Report

China Tower Releases 2025 Annual Report Highlighting Steady Infrastructure Growth

CHINA TOWER released FY2026 Q1 earnings on April 17 During-Market BJT, actual revenue HKD 28.51 B, actual EPS HKD 0.2584

China Tower Announces the Pre-Selection Results of the 2026 Room Division Antenna Product Centralized Procurement Project

CHINA TOWER FY2026 Q1 Earning Release on April 17 During-Market BJT

China Tower Announces Bidding Results for Passive Components and Combiner Products in 2026

UBS Downgrades CITIC Telecom Tower's Revenue and EBITDA Projections

Jefferies Adjusts China Tower Target Price and Maintains Buy Rating

CICC Maintains 'Buy' Rating for China Tower with Target Price of HKD 14.00

China Tower Expects Profit Growth Due to Tower Depreciation Ending

CHINA TOWER released FY2025 Annual Earnings on March 18 During-Market (BJT), actual revenue HKD 109.75 B (forecast HKD 111.95 B), actual EPS HKD 0.7271 (forecast HKD 0.7361)

CHINA TOWER released FY2025 Q4 earnings on March 18 During-Market (BJT), actual revenue HKD 29.02 B (forecast HKD 28.77 B), actual EPS HKD 0

China Tower Reports Profit and Revenue Growth and Announces Strategic Plan

CHINA TOWER to Release FY2025 Earnings on March 18 During-Market (BJT), Forecast Revenue HKD 114.08 B, EPS HKD 0.7498

Zhang Zhiyong Proposes Suggestions for Accelerating the Construction of New Information Infrastructure on Coastal Areas

Peking University and China Tower Jointly Build AI Industry-Education Integration Innovation Platform

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KWAN YONG

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CICC reported that CHINA TOWERachieved 1Q revenue of RMB25.146 billion, a 1.5% YoY increase, and a net profit of RMB3.985 billion, up 31.8% YoY, aligning with expectations. The net profit margin improved to 15.8%, attributed to the expiration of asset depreciation in 2026. EBITDA was RMB15.4 billion, with a margin of 61.1%. The broker finds the current dividend yield of 6.3% attractive and maintains its earnings forecasts for 2026 and 2027, reiterating an Outperform rating with a target price of HKD14.

AASTOCKS News

CHINA TOWER

CICC

CICC: CHINA TOWER  1Q Revenue and Profit In Line

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TCL Electronics expects its adjusted net profit for the first quarter of 2023 to grow by up to 1.5 times, with revenue reaching a maximum of 30.4 billion yuan. Two new stocks, Xizhi Technology and Maiwei Biotechnology, began their subscription today, with entry fees of 2,775.71 yuan and 6,203.95 yuan respectively, and the subscription deadline is April 23. China Tower's revenue in the first quarter increased by 1.5% year-on-year, with good performance in its smart connection and energy businesses. Yidu Technology expects to turn a profit for the full year, with net profit reaching up to 56 million yuan

Tasty Money

TCL ELECTRONICS

YIDU TECH

[Daily Announcement] TCL Electronics (1070) expects adjusted net profit to increase by up to 1.5 times in the first quarter, while China Tower (788) expects a year-on-year revenue increase of 1.5% in the first quarter

China Tower (SEHK:788) reported Q1 2026 sales of CN¥25,146 million and net income of CN¥3,985 million, showing growth from the previous year. The stock is currently priced at HK$11.03, with a fair value estimate of HK$13.42, indicating it may be undervalued. The company is diversifying into new business areas, but risks remain regarding profitability and capital allocation. Investors are advised to consider the underlying data and potential risks before making decisions. This analysis does not constitute financial advice.

Simplywall

Assessing China Tower (SEHK:788) Valuation After First Quarter Earnings Lift Investor Interest

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China Tower announced its first-quarter results, with operating revenue of RMB 25.146 billion, an increase of 1.5% year-on-year. It recorded a net profit of RMB 3.985 billion, a growth of 31.8%. During the quarter, EBITDA reached RMB 15.366 billion, a decrease of 11.2%; EBITDA margin was 61.1%. As of March, the number of tower sites reached 2.16 million, with 3.872 million tower tenants, a net increase of 16,000 compared to the beginning of the year

AASTOCKS

China Southern CSI Communication Service ETF

"Performance" China Tower's net profit in the first quarter is 3.985 billion RMB, an increase of 31.8%

China Tower has scheduled its 2025 annual general meeting for May 15, 2026, in Hong Kong. Shareholders will vote on the approval of financial statements, profit distribution, and the reappointment of auditors. A special resolution will also be considered to grant the board a mandate to issue up to 20% of existing capital. This move aims to enhance capital flexibility for future corporate needs. The current analyst rating for China Tower (HK:0788) is a Hold with a price target of HK$11.60.

Tip Ranks

China Tower Sets 2025 AGM to Approve Results, Dividend and Share-Issuance Mandate

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Morgan Stanley released its performance forecast for Chinese telecommunications stocks for the first quarter of 2023, expecting China Mobile's net profit to be CNY 28.079 billion, a year-on-year decrease of 8.3%; China Unicom's net profit to be CNY 5.055 billion, a decrease of 14.7%; China Telecom's net profit to be CNY 7.33 billion, a decrease of 17.3%; and China Tower's net profit to be CNY 3.926 billion, an increase of 29.8%. In terms of revenue, China Mobile is expected to generate CNY 260.859 billion, a decrease of 1.1%; China Unicom CNY 103.354 billion, flat; China Telecom CNY 134.143 billion, a decrease of 1.0%; and China Tower CNY 25.137 billion, an increase of 1.5%

CHINA MOBILE

CHINA TELECOM

China Mobile

CHINA UNICOM

China Unicom

Harvest CNI Communication ETF

Guotai CSI All Share Communications Equipment ETF

ChinaAMC CSI 5G Communication ETF

Morgan Stanley

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CN Mobile HK SDR 5to1

Morgan Stanley lists the first quarter performance forecasts for Chinese telecommunications stocks (Table)

CICC analyst maintained a Buy rating on China Tower yesterday and set a price target of HK$14.00. The company’s shares closed last Tuesday at HK$11.16.Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential China Tower has an analyst consensus of Moderate Buy, with a price target consensus of HK$14.02.

CICC Reaffirms Their Buy Rating on China Tower (CHWRF)

China Tower (SEHK:788) reported FY 2025 results with Q4 revenue of C¥26.1b and net income of C¥2.9b, reflecting a 3% revenue growth and 8.4% EPS growth year-over-year. The company maintains a stable revenue band of C¥24.7b to C¥26.1b, with a net margin increase to 11.6%. While bulls argue for long-term margin expansion through digital infrastructure, bears caution against slowing tower demand and customer concentration. The shares trade at HK$11.16, below the industry average P/E, with analysts projecting future earnings growth amid concerns over revenue stability.

China Tower (SEHK:788) Margin Improvement Outpaces Modest Revenue Growth And Tests Bearish Narratives

HU-CTWR@EC2704A(28799.HK)

CICC: CHINA TOWER 1Q Revenue and Profit In Line

[Daily Announcement] TCL Electronics (1070) expects adjusted net profit to increase by up to 1.5 times in the first quarter, while China Tower (788) expects a year-on-year revenue increase of 1.5% in the first quarter

Assessing China Tower (SEHK:788) Valuation After First Quarter Earnings Lift Investor Interest

"Performance" China Tower's net profit in the first quarter is 3.985 billion RMB, an increase of 31.8%

China Tower Sets 2025 AGM to Approve Results, Dividend and Share-Issuance Mandate