China Tower Corp Ltd
OTC:CHWRF
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
|
China Tower Corp Ltd
HKEX:788
|
198.5B HKD |
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|
| US |
|
Verizon Communications Inc
NYSE:VZ
|
216.7B USD |
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|
|
| US |
|
AT&T Inc
NYSE:T
|
195.1B USD |
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|
|
| DE |
|
Deutsche Telekom AG
XETRA:DTE
|
161B EUR |
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|
|
| CN |
|
China Telecom Corp Ltd
SSE:601728
|
567.3B CNY |
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|
| JP |
|
Nippon Telegraph and Telephone Corp
TSE:9432
|
12.8T JPY |
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|
| SG |
|
Singapore Telecommunications Ltd
SGX:Z74
|
82.6B SGD |
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|
| FR |
|
Orange SA
PAR:ORA
|
46.4B EUR |
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|
| SA |
|
Saudi Telecom Company SJSC
SAU:7010
|
189.1B SAR |
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|
|
| CH |
|
Swisscom AG
SIX:SCMN
|
37.3B CHF |
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|
| AU |
|
Telstra Corporation Ltd
ASX:TLS
|
58.9B AUD |
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Market Distribution
| Min | -2 148% |
| 30th Percentile | 14.3% |
| Median | 23% |
| 70th Percentile | 34.6% |
| Max | 775.2% |
Other Profitability Ratios
China Tower Corp Ltd
Glance View
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.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for China Tower Corp Ltd is 93.7%, which is above its 3-year median of 93.5%.
Over the last 3 years, China Tower Corp Ltd’s Gross Margin has decreased from 94.1% to 93.7%. During this period, it reached a low of 93.2% on Jun 30, 2023 and a high of 94.1% on Jun 30, 2022.