China Tower Corp Ltd
HKEX:788

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China Tower Corp Ltd
HKEX:788
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Price: 1.12 HKD Market Closed
Market Cap: 197.1B HKD
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Gross Margin
China Tower Corp Ltd

93.5%
Current
95%
Average
47.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
93.5%
=
Gross Profit
89.6B
/
Revenue
95.8B

Gross Margin Across Competitors

Country CN
Market Cap 197.1B HKD
Gross Margin
94%
Country US
Market Cap 168.2B USD
Gross Margin
60%
Country US
Market Cap 163B USD
Gross Margin
60%
Country DE
Market Cap 143.5B EUR
Gross Margin
61%
Country JP
Market Cap 13T JPY
Gross Margin
0%
Country CN
Market Cap 548.1B CNY
Gross Margin
28%
Country SA
Market Cap 189B SAR
Gross Margin
41%
Country SG
Market Cap 51.2B SGD
Gross Margin
100%
Country TW
Market Cap 965.8B TWD
Gross Margin
36%
Country CH
Market Cap 26B CHF
Gross Margin
80%
Country AU
Market Cap 46.4B AUD
Gross Margin
63%
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China Tower Corp Ltd
Glance View

Market Cap
197.1B HKD
Industry
Telecommunication

In the vast landscape of China's telecommunications sector, China Tower Corporation Limited stands as a towering figure both literally and figuratively. Born out of a strategic initiative in 2014, the company was established through a merger of the tower assets of China Mobile, China Unicom, and China Telecom. This consolidation aimed to streamline operations, reduce redundant infrastructure, and allow the big three telecom operators to focus more keenly on their core services, thereby enhancing connectivity across the nation. Headquartered in Beijing, China Tower has evolved into the world's largest telecommunications tower infrastructure service provider. They offer a robust foundation for the country's communication networks by managing and operating an extensive portfolio of more than a million tower sites across China, effectively enabling seamless connectivity from the bustling urban centers to the quiet rural areas. China Tower's business model thrives on a simple but powerful principle: renting out its towers and related infrastructure to telecommunications providers and other industries that require network access. By leveraging economies of scale, China Tower provides these leasing services efficiently, generating a steady stream of rental income. Beyond just renting space to telecom companies, China Tower has diversified its business by offering more innovative solutions like indoor distributed antenna systems and cross-industry site application services. These initiatives capitalize on the growing demand for mobile internet and 5G services, thereby anchoring its role as a pivotal player in China's digital transformation. As it embeds itself deeper into the industrial fabric of the nation, China Tower continues to lay the groundwork for a hyper-connected future, bolstering its revenue model through strategic partnerships and a commitment to technological advancement.

Intrinsic Value
3.24 HKD
Undervaluation 65%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
93.5%
=
Gross Profit
89.6B
/
Revenue
95.8B
What is the Gross Margin of China Tower Corp Ltd?

Based on China Tower Corp Ltd's most recent financial statements, the company has Gross Margin of 93.5%.