China Telecom Corp Ltd
SSE:601728

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China Telecom Corp Ltd
SSE:601728
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Price: 6.87 CNY -0.43% Market Closed
Market Cap: 628.7B CNY

China Telecom Corp Ltd
Investor Relations

In the vast and bustling realm of China's telecommunications industry, China Telecom Corp Ltd. stands as a towering giant, weaving a complex web of connectivity across the nation and beyond. Originally a part of the expansive government-run China Telecom system, the company has transformed itself over the years into a formidable force in the global telecom market. With a rich legacy dating back to 2002 when it spun off from the larger governmental umbrella following aggressive reforms, China Telecom quickly adapted to the dynamic digital age. Serving as one of the leading providers of high-quality fixed-line and mobile telecommunications services, the company has facilitated seamless connections across urban and rural landscapes alike. Its operations are not limited to just providing basic telecom services but extend to offering an expansive array of internet access, information services, and even cloud computing solutions, positioning itself as a versatile player in an increasingly interconnected world.

Behind China Telecom's sprawling network lies its strategic ability to monetize a varied portfolio of services, making it a linchpin in China's digital infrastructure. The company's revenue streams are built on the provision of voice, data, and multimedia services, driven by both consumer and enterprise demand. Its mobile service wing boasts a staggering number of subscribers, a testament to China's vast population and the growing necessity of mobile connectivity. Beyond traditional telecommunications, China Telecom has embraced the burgeoning world of data, diversifying into cloud computing and data center services, capitalizing on the digital transformation sweeping across industries. By offering integrated solutions that cater to businesses looking to digitize their operations, China Telecom has adeptly positioned itself as an indispensable partner in China's ongoing technological revolution. The company's strategic investments in next-generation technologies and infrastructure ensure it remains at the forefront of innovation, continually expanding its footprint both domestically and on the international stage.

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Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Aug 14, 2025
AI Summary
Q2 2025

Revenue Growth: Service revenue rose 1.2%, surpassing the industry average, with steady gains across all business lines.

Profitability: Net profit grew 5.5%, outpacing revenue growth. EBITDA was up 4.9%, and EBITDA margin increased by 1.2 percentage points.

Dividend Increase: Interim dividend per share was set at RMB 0.1812, up 8.4%. Payout ratio rose to 72% of profit attributable to equity holders.

Cloud, AI & Quantum: Rapid growth in cloud (RMB 57.3B), AI, and quantum businesses, with strategic new products driving significant revenue increases (e.g., intelligent revenue up 89.4%, quantum revenue up 171.1%).

Cost Control: Operating expenses rose just 0.9%, which was 0.4 percentage points lower than revenue growth.

CapEx Discipline: CapEx was RMB 34.2B, with its share of revenue continuing to decline.

Strong International & Emerging Business: Overseas revenue grew 18%, with overseas cloud revenue up 62% and satellite business expanding in Southeast Asia.

Key Financials
Service Revenue
Up 1.2%
Net Profit
Up 5.5%
EBITDA
Up 4.9%
EBITDA Margin
Up 1.2 pp
ROE
Up 0.2 pp
Dividend Per Share
RMB 0.1812
Dividend Payout Ratio
72%
CapEx
RMB 34.2B
High-Value Integrated Subscribers
63.54 million
AI App and Handset Subscribers
Over 100 million
5G Subscriber Penetration
65.2%
Gbps Subscriber Penetration
30.5%
Cloud Revenue
RMB 57.3B
Intelligent Revenue
RMB 6.3B
Security Revenue
RMB 9.1B
Industrial Digitalization Revenue
RMB 74.9B
International Business Revenue
RMB 9.5B
Other Earnings Calls
2025
2023

Management

Mr. Ruiwen Ke
Chairman & CEO

Mr. Ruiwen Ke is a prominent executive in China's telecommunications industry, serving as the Chairman and Chief Executive Officer of China Telecom Corporation Limited. He has played a significant role in the company's growth and development, bringing with him extensive experience in both management and technology innovation within the telecommunications sector. Ruiwen Ke's leadership at China Telecom focuses on digital transformation and innovation, steering the company towards advanced telecommunications solutions and services. Under his guidance, China Telecom has continued to expand its capabilities in 5G technology, cloud computing, and various digital services aimed at enhancing customer experience and operational efficiency. His career with China Telecom and its subsidiaries has seen him handle various strategic roles, which have equipped him with in-depth knowledge of the industry and valuable leadership skills. Mr. Ke's contributions are vital in positioning China Telecom as a leader not just in China but also on the global telecommunications stage.

Mr. Yinghui Li
Executive VP, CFO, Board Secretary & Executive Director

Yinghui Li is a noted executive associated with China Telecom Corp Ltd., one of China’s leading telecommunications companies. He has held the position of Executive Vice President at China Telecom, where he was responsible for various operational and strategic initiatives. His role typically includes overseeing network operations, guiding strategic investments, and ensuring service quality, which are crucial for maintaining the company's competitive edge in the fast-evolving telecom landscape. Li has likely played a significant role in the company's efforts to expand its 5G network infrastructure and improve its digital service offerings. His leadership in these areas would be instrumental to China Telecom's ongoing innovation and expansion efforts both domestically and internationally. In addition to these responsibilities, executives with such a profile usually engage with key stakeholders to drive business growth, enhance customer satisfaction, and increase shareholder value. While detailed personal information about him may not be publicly disclosed, his executive role underscores a significant level of influence within the company and the broader telecommunications industry in China.

Mr. Ke Tang
Executive VP & Executive Director

Mr. Ke Tang is a prominent figure in the telecommunications industry, serving as an executive at China Telecom Corp Ltd, one of the largest telecommunications companies in China. China Telecom is known for providing comprehensive services such as fixed-line telephony, mobile services, internet access, and other telecommunications-related services. As a key executive at China Telecom, Mr. Ke Tang plays a crucial role in overseeing the strategic direction and operational management of the company. His responsibilities likely encompass various aspects of the business, including network infrastructure development, expansion of service offerings, customer service enhancement, and adaptation to technological advancements in the telecom sector. Mr. Tang's leadership contributes significantly to maintaining China Telecom's position in a highly competitive market, both domestically and internationally. His work is integral to the company's efforts in continuing to innovate and meeting the evolving communication needs of its substantial customer base. Please note that specific details about Mr. Ke Tang's career background, education, and personal life are not readily available in public sources.

Dr. Jun Li
Executive Director

Dr. Jun Li is a recognized executive in the telecommunications industry, specifically with China Telecom Corporation Limited, one of the largest telecommunications service providers in China. Dr. Li has played a crucial role in leading China Telecom's strategic initiatives and technological advancements. Dr. Li holds a significant position within the company, contributing to its expansion and modernization. His expertise in telecommunications has been instrumental in directing various projects and enhancing the company's infrastructure and service offerings, such as broadband, mobile services, and cloud computing. Dr. Li's leadership is marked by a focus on innovation and adapting to the fast-changing technological landscape. He is committed to driving China Telecom's growth through the integration of cutting-edge technologies such as 5G, Internet of Things (IoT), and artificial intelligence (AI). His efforts are aimed at positioning China Telecom at the forefront of the digital transformation wave sweeping across the telecommunications industry globally. Beyond his responsibilities at China Telecom, Dr. Jun Li may also be involved in various industry forums and collaborations that aim to advance the telecom sector and contribute to global connectivity solutions. His contributions to the industry have underscored the importance of strategic planning and innovation in achieving sustainable growth in telecommunications.

Mr. Baojun Liang
President & COO

Liang Baojun has been a significant figure in China's telecommunications industry, particularly with China Telecom Corp Ltd. He has held various executive roles, contributing to the company's strategic direction and technological advancements. Liang was appointed as the executive vice president of China Telecom, where he was responsible for driving growth initiatives and improving service delivery. His experience spans several decades, with a deep understanding of telecommunications systems, business management, and corporate governance within the sector. Liang's leadership is noted for focusing on innovation, digital transformation, and expanding China's telecom infrastructure to support rapid technological changes and consumer demands.

Mr. Yuzhu Ma
Managing Director of Corporate Culture Department

Ma Yuzhu is an executive at China Telecom Corp Ltd, one of the largest telecommunications companies in China. He has served in various capacities within the company, contributing significantly to its operations and strategic initiatives. His expertise lies in the fields of telecommunications technology and business management, where he has played a vital role in expanding and improving the company's network services and offerings. Throughout his career at China Telecom, Ma Yuzhu has been instrumental in driving innovation and efficiency, helping the company maintain its competitive edge in the rapidly evolving telecommunications industry. His leadership and vision have been central to navigating the challenges of digital transformation and implementing cutting-edge communication solutions. As an influential figure in the telecom sector, Mr. Ma's work has been crucial in enhancing connectivity across China, thereby supporting the country's economic growth and technological advancement. His contributions continue to shape the future of telecommunications within the region.

Ms. Yuk Har Wong CPA
Company Secretary

Ms. Yuk Har Wong is a distinguished accountant and executive known for her role at China Telecom Corp Ltd. She serves as the Executive Vice President and Chief Financial Officer (CFO) of the company. Ms. Wong is a Certified Public Accountant (CPA) and brings a wealth of experience in finance and accounting to her position. Her career with China Telecom has been marked by a keen oversight of the company’s financial operations, strategic investments, capital expenditures, and financial planning. With extensive expertise in the telecommunications industry, she plays a pivotal role in shaping the financial strategies of one of China's largest telecommunications service providers. Ms. Wong has been instrumental in enhancing China Telecom's financial performance and operational efficiency. Her leadership skills and comprehensive understanding of the market dynamics have contributed significantly to the company's growth and sustainability in the highly competitive telecom sector.

Contacts

Address
BEIJING
Beijing
31, Jinrong Street, Xicheng District
Contacts
+861058501800.0
www.chinatelecom-h.com