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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
69.84% of 378 companies
in the Telecommunication Services industry
Industry Median: 4.095 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.

* Premium members only.

China Tower Net Margin % Chart

China Tower Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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 %

* 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.


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

Traded in Other Exchanges
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
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.

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