China Tower (HKSE:00788) Net Margin % : 10.07% (As of Dec. 2023)

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What is China Tower Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Tower's Net Income for the three months ended in Dec. 2023 was HK$2,628 Mil. China Tower's Revenue for the three months ended in Dec. 2023 was HK$26,095 Mil. Therefore, China Tower's net margin for the quarter that ended in Dec. 2023 was 10.07%.

The historical rank and industry rank for China Tower's Net Margin % or its related term are showing as below:

HKSE:00788' s Net Margin % Range Over the Past 10 Years
Min: -40.85 Med: 6.83 Max: 10.76
Current: 10.76

HKSE:00788's Net Margin % is ranked better than
70.56% of 377 companies
in the Telecommunication Services industry
Industry Median: 4.29 vs HKSE:00788: 10.76

China Tower Net Margin % Historical Data

The historical data trend for China Tower's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Tower Net Margin % Chart

China Tower Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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6.83

7.93

8.46

9.53

10.37

China Tower Quarterly Data
	Dec16	Mar17	Jun17	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															10.17	-	10.58	10.07	11.61

Competitive Comparison of China Tower's Net Margin %

For the Telecom Services subindustry, China Tower's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Tower's Net Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Tower's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Tower's Net Margin % falls into.

China Tower Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

China Tower's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	10664.344	/	102825.059
	=	10.37 %

China Tower's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2628.351	/	26095.377
	=	10.07 %

China Tower (HKSE:00788) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

China Tower Net Margin % Related Terms

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China Tower (HKSE:00788) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Tower Corp Ltd (HKSE:00788) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

CTOWY:USA CHWRF:USA 2Y1:Germany

Address

Yard No. 9, Dongran North Street, China Tower Industrial Park, Haidian District, Room 101, LG1 to 3rd Floor, Building 14, North District, Beijing, CHN

Website

https://www.china-tower.com

China Tower Corp Ltd is a telecommunications tower infrastructure service provider. The business of the company includes tower business; DAS business; Smart Tower business and Energy business. It generates maximum revenue from the tower business. The Tower business includes macro cell and small cell business. Its DAS business provides a DAS system to the Three TSPs for connecting their telecommunication equipment, helping them receive and send indoor mobile telecommunication network signals to enable mobile telecommunication network signals covering buildings, large venues and tunnels.

Executives

Blackrock, Inc.	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager

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