China Tower Corporation Limited (FRA:2Y11)

China Tower Corporation Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	99,639	97,772	94,009	92,170	86,585	81,099
Revenue Growth (YoY)	3.46%	4.00%	1.99%	6.45%	6.77%	6.11%
Cost of Revenue	16,565	16,565	16,252	15,533	12,671	11,920
Gross Profit	83,074	81,207	77,757	76,637	73,914	69,179
Selling, General & Admin	6,286	6,286	6,168	6,459	5,620	4,966
Other Operating Expenses	10,022	8,888	7,642	5,886	4,409	3,586
Operating Expenses	66,537	65,403	62,859	61,877	60,011	56,067
Operating Income	16,537	15,804	14,898	14,760	13,903	13,112
Interest Expense	-2,639	-2,639	-2,827	-3,003	-3,745	-3,959
Interest & Investment Income	63	63	43	124	22	36
Currency Exchange Gain (Loss)	-36	-36	-59	-17	-2	3
Other Non Operating Income (Expenses)	401	401	1,173	1,112	305	201
EBT Excluding Unusual Items	14,326	13,593	13,228	12,976	10,483	9,393
Asset Writedown	526	526	-396	-1,448	-868	-1,100
Other Unusual Items	-	-	-	-	-	114
Pretax Income	14,852	14,119	12,832	11,528	9,615	8,407
Income Tax Expense	3,567	3,389	3,082	2,741	2,287	1,980
Earnings From Continuing Operations	11,285	10,730	9,750	8,787	7,328	6,427
Minority Interest in Earnings	-1	-1	-	-	1	1
Net Income	11,284	10,729	9,750	8,787	7,329	6,428
Net Income to Common	11,284	10,729	9,750	8,787	7,329	6,428
Net Income Growth	6.90%	10.04%	10.96%	19.89%	14.02%	23.09%
Shares Outstanding (Basic)	17,481	17,481	17,481	17,481	17,481	17,486
Shares Outstanding (Diluted)	17,481	17,481	17,481	17,481	17,481	17,486
Shares Change (YoY)	-	-	-0.00%	-	-0.03%	-0.45%
EPS (Basic)	0.65	0.61	0.56	0.50	0.42	0.37
EPS (Diluted)	0.65	0.61	0.56	0.50	0.42	0.37
EPS Growth	-	10.04%	10.96%	19.89%	14.05%	23.64%
Free Cash Flow	-	19,685	-624	36,495	27,990	19,748
Free Cash Flow Per Share	-	1.13	-0.04	2.09	1.60	1.13
Dividend Per Share	0.440	0.417	0.374	0.323	0.262	0.224
Dividend Growth	-	11.52%	15.69%	23.17%	17.41%	53.61%
Gross Margin	83.38%	83.06%	82.71%	83.15%	85.37%	85.30%
Operating Margin	16.60%	16.16%	15.85%	16.01%	16.06%	16.17%
Profit Margin	11.33%	10.97%	10.37%	9.53%	8.46%	7.93%
Free Cash Flow Margin	-	20.13%	-0.66%	39.59%	32.33%	24.35%
EBITDA	56,299	54,646	52,513	52,779	52,361	49,174
EBITDA Margin	56.50%	55.89%	55.86%	57.26%	60.47%	60.63%
D&A For EBITDA	39,762	38,842	37,615	38,019	38,458	36,062
EBIT	16,537	15,804	14,898	14,760	13,903	13,112
EBIT Margin	16.60%	16.16%	15.85%	16.01%	16.06%	16.17%
Effective Tax Rate	24.02%	24.00%	24.02%	23.78%	23.79%	23.55%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.