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China Telecom Corp Ltd Class H 00728 Stock Quote

| Rating as of

XHKG: 00728

Last close prices updated as of Mar 29, 2023, 4:08 PM HKT | HKD
  • Last Close 3.98
  • Sector Communication Services
  • Industry Telecom Services
  • Investment Style Large Value
  • Day Range 3.91  –  4.12
  • Year Range 2.62  –  4.53
  • Market Cap 374.2642 Bil
  • Volume / Avg 152.8 Mil /  149.2 Mil
  • Price / Sales 0.67
  • Price / Book 0.74
  • Forward Div Yield 8.46%
  • Trailing Div Yield 2.32%

Morningstar‘s Stock Analysis 00728

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

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Economic Moat

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Capital Allocation

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China Telecom Expects Continued Strong Growth in Cloud Services Revenue

Analyst Note

| Dan Baker |

China Telecom’s 2022 was highlighted by continued exceptional growth in cloud services revenue (which the company expects to continue in 2023) and a focus on industrial digitization. This drove 2022 services revenue growth of 8%, but with some margin contraction with EBITDA growing 3.4% and underlying earnings per share growing 3.8%. For traditional telecom services products, we estimate that 8% services revenue growth would likely drive over 20% earnings growth. The lower-margin industrial internet services are likely contributing to the lower consolidated margins. Fourth-quarter services revenue growth of 7.9% year on year was broadly in line with the full year, but industrial digitization grew 19% year on year in the fourth quarter with wireline and smart family growing 3.8% year on year and mobile service revenue declining 2.2% year on year.

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Key Statistics 00728

Company Profile 00728

Business Description

China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 108 million fixed-line subscribers, 181 million broadband customers, and 391 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.

Contact
31 Jinrong Street, Xicheng District
Beijing, 100033, CHN
Industry Telecom Services
Employees 312,520

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FAQs for China Telecom Corp Ltd Class H Stock

Yes. 00728 has a forward dividend yield of 0.08%. See 00728’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

00728’s market cap is 374.26 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

00728’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

00728’s price/sales is 0.64.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

00728’s price/forward earnings is 11.36.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

00728’s price/book is 0.72.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See 00728’s valuation ratios compared to the Market Index.

00728’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare 00728’s historical performance against its industry peers and the overall market.