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China Telecom Corporation Limited (601728.SS)

CNY6.32 +0.14 (+2.27%) Quote delayed 15 min Market closed 09:30 AM – 11:30 AM & 01:00 PM – 03:00 PM · Shanghai
CN SHH Communication Services Telecommunications Services
Address Everbright Centre 100033
Beijing, BE, CN
CEO Ruiwen Ke
IPO 2021-08-20
ISIN CNE100004QG0

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 0728.HK (HKD) Shanghai Stock Exchange · 601728.SS (CNY)
Description

China Telecom Corporation Limited, along with its affiliated entities, delivers a comprehensive array of wireline and mobile communication solutions primarily across the People's Republic of China. Its offerings span traditional wireline voice services, encompassing local and long-distance calls, alongside a robust CDMA mobile voice network that supports local, domestic, and international long-distance communication, as well as various intra-provincial, inter-provincial, and international roaming capabilities. The company also furnishes wireline internet access via both dial-up and broadband connections, complemented by a diverse range of value-added services for wireline, internet, and mobile platforms. Beyond core telecommunications, China Telecom provides integrated information application services, prominently featuring its Best Tone offerings. It also delivers sophisticated IT-based integrated solutions, including system integration, outsourcing, specialized advisory services, information application, knowledge management, and software development. For governmental bodies, major enterprises, and other institutions, it supplies managed data services such as digital data networks, frame relay, and asynchronous transfer mode, in addition to leased line services. Furthermore, the company handles the sale, repair, and upkeep of customer-end equipment. Its extensive portfolio additionally features international telecommunications provisions, cloud-based products and services, e-commerce platforms, music production and related information services, instant messaging solutions, and expertise in capital and financial management. The firm is also involved in the distribution of telecommunications terminals and equipment. As of December 31, 2021, the corporation boasted an impressive customer base, with approximately 372 million mobile subscribers, 170 million wireline broadband subscribers, and 107 million operational access lines. Established in 2002, China Telecom Corporation Limited operates from its headquarters in Wan Chai, Hong Kong, and functions as a subsidiary of China Telecommunications Corporation.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY6.32 +0.14 (+2.27%)
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Volume Profile
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Liquidity & share structure
Average Volume
162M
Beta
0.55
Float Shares
34.84B
Free Float %
38.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.27% -1.90% +10.95% +2.15% +7.29% -1.90% -16.26% +7.67% +1.15% +1.15% +1.15%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
6.32
DCF (Our base case) 10.50 +66.2%

Our base case: the provider's model with revenue growth swapped to the analyst consensus (1.2%/yr, fading to the long-term rate over a 10-year horizon) and discounted at today's market cost of equity (9.5%, risk-free rate + market risk premium).

Reverse DCF: the current price implies ~-6.6%/yr revenue growth sustained over the next decade; the analyst consensus sees 1.2%.

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.77
Distress
Piotroski F-Score
6 / 9
Average
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
4 / 5
High
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium

Composite Rating as of 07.08.2026

Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.55) × ERP
WACC = 90% × Ke + 10% × Kd (4.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 13.47 Current price: 6.32
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
14 Rev. Ana.
10 EPS Ana.
Dec 2027
14 Rev. Ana.
5 EPS Ana.
Dec 2028
6 Rev. Ana.
7 EPS Ana.
Dec 2029
9 Rev. Ana.
10 EPS Ana.
Dec 2030
13 Rev. Ana.
5 EPS Ana.
Revenue
331.20B
est: 327.77B (+1.0%)
352.53B
est: 352.26B (+0.1%)
366.23B
est: 368.07B (-0.5%)
377.12B
est: 380.64B (-0.9%)
375.73B
est: 379.38B (-1.0%)
393.56B
est: 388.58B (+1.3%)
439.55B
est: 436.37B (+0.7%)
481.45B
est: 482.66B (-0.3%)
513.55B
est: 512.98B (+0.1%)
529.42B
est: 527.68B (+0.3%)
523.16B
est: 534.14B (-2.1%)
527.98B
517.49B – 558.57B
-1.2% YoY
535.73B
517.61B – 580.72B
+1.5% YoY
546.02B
531.33B – 584.83B
+1.9% YoY
585.65B
569.89B – 627.27B
+7.3% YoY
605.93B
589.63B – 648.99B
+3.5% YoY
EBITDA
91.01B
est: 75.76B (+20.1%)
91.66B
est: 81.43B (+12.6%)
98.33B
est: 85.08B (+15.6%)
99.84B
est: 87.99B (+13.5%)
100.03B
est: 87.69B (+14.1%)
104.12B
est: 89.82B (+15.9%)
107.78B
est: 100.87B (+6.8%)
110.33B
est: 111.57B (-1.1%)
116.98B
est: 118.58B (-1.3%)
120.74B
est: 173.46B (-30.4%)
150.90B
est: 175.59B (-14.1%)
173.56B
170.11B – 183.62B
-1.2% YoY
176.11B
170.15B – 190.90B
+1.5% YoY
179.49B
174.66B – 192.25B
+1.9% YoY
192.52B
187.34B – 206.20B
+7.3% YoY
199.19B
193.83B – 213.34B
+3.5% YoY
EBIT
26.44B
est: 24.44B (+8.2%)
27.22B
est: 26.27B (+3.6%)
27.22B
est: 27.45B (-0.8%)
28.71B
est: 28.39B (+1.1%)
29.07B
est: 28.29B (+2.7%)
33.68B
est: 28.98B (+16.2%)
36.27B
est: 32.54B (+11.4%)
37.60B
est: 36.00B (+4.4%)
41.75B
est: 38.26B (+9.1%)
44.69B
est: 48.61B (-8.1%)
44.87B
est: 49.21B (-8.8%)
48.64B
47.67B – 51.46B
-1.2% YoY
49.35B
47.69B – 53.50B
+1.5% YoY
50.30B
48.95B – 53.88B
+1.9% YoY
53.95B
52.50B – 57.79B
+7.3% YoY
55.82B
54.32B – 59.79B
+3.5% YoY
Net Income
20.05B
est: 21.69B (-7.5%)
18.02B
est: 20.86B (-13.6%)
18.62B
est: 20.38B (-8.7%)
21.21B
est: 23.06B (-8.0%)
20.52B
est: 23.91B (-14.2%)
20.85B
est: 23.74B (-12.2%)
25.95B
est: 26.87B (-3.4%)
27.59B
est: 28.05B (-1.6%)
30.45B
est: 30.38B (+0.2%)
33.01B
est: 33.05B (-0.1%)
33.18B
est: 34.35B (-3.4%)
30.53B
29.46B – 33.35B
-11.1% YoY
32.33B
31.20B – 35.31B
+5.9% YoY
35.10B
33.87B – 38.34B
+8.6% YoY
57.05B
55.06B – 62.32B
+62.5% YoY
45.75B
44.15B – 49.98B
-19.8% YoY
SGA
54.47B
est: 43.82B (+24.3%)
56.43B
est: 47.10B (+19.8%)
58.43B
est: 49.21B (+18.7%)
59.42B
est: 50.89B (+16.8%)
57.36B
est: 50.73B (+13.1%)
55.06B
est: 51.96B (+6.0%)
61.15B
est: 58.35B (+4.8%)
64.28B
est: 64.54B (-0.4%)
66.80B
est: 68.59B (-2.6%)
66.66B
est: 74.16B (-10.1%)
91.08B
est: 75.07B (+21.3%)
74.21B
72.73B – 78.50B
-1.2% YoY
75.29B
72.75B – 81.62B
+1.5% YoY
76.74B
74.68B – 82.19B
+1.9% YoY
82.31B
80.10B – 88.16B
+7.3% YoY
85.16B
82.87B – 91.21B
+3.5% YoY
EPS
0.25
est: 0.24 (+5.5%)
0.22
est: 0.23 (-3.5%)
0.23
est: 0.22 (+3.3%)
0.26
est: 0.25 (+3.2%)
0.22
est: 0.26 (-15.8%)
0.26
est: 0.26 (+0.2%)
0.28
est: 0.29 (-4.6%)
0.30
est: 0.31 (-2.1%)
0.33
est: 0.33 (-0.6%)
0.36
est: 0.36 (-0.3%)
0.36
est: 0.38 (-4.1%)
0.33
0.32 – 0.36
-11.1% YoY
0.35
0.34 – 0.39
+5.9% YoY
0.38
0.37 – 0.42
+8.6% YoY
0.62
0.60 – 0.68
+62.5% YoY
0.50
0.48 – 0.55
-19.8% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-08-07 B+ 3/5 4/5 3/5 3/5 4/5 2/5 3/5
2026-08-06 B+ 3/5 4/5 3/5 3/5 4/5 2/5 3/5
2026-08-05 B+ 3/5 4/5 3/5 3/5 4/5 2/5 3/5
2026-08-04 B+ 3/5 4/5 3/5 3/5 4/5 2/5 3/5
2026-08-03 B+ 3/5 4/5 3/5 3/5 4/5 2/5 3/5
2026-07-31 B+ 3/5 4/5 3/5 3/5 4/5 2/5 3/5
2026-07-30 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-29 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-28 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-27 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-24 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-23 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-22 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-21 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-20 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-17 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-16 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-15 B+ 3/5 4/5 3/5 3/5 3/5 2/5 3/5
2026-07-14 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-07-13 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-07-10 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-07-09 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-07-08 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-07-07 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-07-06 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-07-03 B+ 3/5 5/5 3/5 3/5 3/5 2/5 3/5
2026-07-02 B+ 3/5 5/5 3/5 3/5 3/5 2/5 3/5
2026-07-01 B+ 3/5 5/5 3/5 3/5 3/5 2/5 3/5
2026-06-30 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-29 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-26 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-25 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-24 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-23 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-22 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-18 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-17 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-16 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-15 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-12 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-11 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-10 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-09 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-08 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-05 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-04 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-03 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-02 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-06-01 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-29 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-28 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-27 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-26 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-25 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-22 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-21 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-20 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-19 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-18 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-15 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-14 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-13 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-12 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5
2026-05-11 B+ 3/5 4/5 3/5 4/5 3/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
56.00B
OE per share TTM
0.61
Owner's Yield
9.90%
Maintenance CapEx ratio
264.11%
Maint CapEx / Avg PPE
115.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Samsung KODEX China CSI300 ETF 283580.KS 0.27% 502.2K 0.12%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
161.4K
Shares Outstanding
91.51B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ruiwen Ke Executive Chairman & Chief Executive Officer 758.0K male
Guiqing Liu President, Chief Operating Officer & Executive Director 689.0K male
Ke Tang Executive Vice President & Executive Director 688.0K male
Yinghui Li Executive Vice President, Chief Financial Officer, Board Secretary & Executive Director 681.0K male
Yuzhu Ma Managing Director of Corporate Culture Department 415.0K male
Zhiyong Huang Executive Vice President male
Jian Quan He Accounting Supervisor
Ying Liu Executive Vice President female
Yuk Har Wong Company Secretary female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Total return vs price return

With dividends
Price only
Dividend contribution

Earnings history

Earnings reports

Stock splits