China Tower Corporation Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	99,503	100,411	97,772	94,009	92,170	86,585
Revenue Growth	0.38%	2.70%	4.00%	1.99%	6.45%	6.77%
Cost of Revenue	17,859	17,180	16,565	16,252	15,533	12,671
Gross Profit	81,644	83,231	81,207	77,757	76,637	73,914
Selling, General & Admin	7,324	6,970	6,286	6,168	6,459	5,620
Other Operating Expenses	12,654	10,620	8,888	7,642	5,886	4,409
Operating Expenses	61,975	66,044	65,403	62,859	61,877	60,011
Operating Income	19,669	17,187	15,804	14,898	14,760	13,903
Interest Expense	-2,403	-2,446	-2,639	-2,827	-3,003	-3,745
Interest & Investment Income	24	36	63	43	124	22
Currency Exchange Gain (Loss)	-3	-3	-36	-59	-17	-2
Other Non Operating Income (Expenses)	247	418	401	1,173	1,112	305
EBT Excluding Unusual Items	17,534	15,192	13,593	13,228	12,976	10,483
Asset Writedown	173	173	526	-396	-1,448	-868
Pretax Income	17,707	15,365	14,119	12,832	11,528	9,615
Income Tax Expense	4,344	3,734	3,389	3,082	2,741	2,287
Earnings From Continuing Operations	13,363	11,631	10,730	9,750	8,787	7,328
Minority Interest in Earnings	-1	-1	-1	-	-	1
Net Income	13,362	11,630	10,729	9,750	8,787	7,329
Net Income to Common	13,362	11,630	10,729	9,750	8,787	7,329
Net Income Growth	19.77%	8.40%	10.04%	10.96%	19.89%	14.02%
Shares Outstanding (Basic)	17,481	17,481	17,481	17,481	17,481	17,481
Shares Outstanding (Diluted)	17,481	17,481	17,481	17,481	17,481	17,481
Shares Change	-	-	-	-0.00%	-	-0.03%
EPS (Basic)	0.76	0.67	0.61	0.56	0.50	0.42
EPS (Diluted)	0.76	0.67	0.61	0.56	0.50	0.42
EPS Growth	19.77%	8.40%	10.04%	10.96%	19.89%	14.05%
Free Cash Flow	-	25,606	19,685	-624	36,495	27,990
Free Cash Flow Per Share	-	1.47	1.13	-0.04	2.09	1.60
Dividend Per Share	0.517	0.458	0.417	0.374	0.323	0.262
Dividend Growth	17.29%	9.82%	11.52%	15.69%	23.17%	17.41%
Gross Margin	82.05%	82.89%	83.06%	82.71%	83.15%	85.37%
Operating Margin	19.77%	17.12%	16.16%	15.85%	16.01%	16.06%
Profit Margin	13.43%	11.58%	10.97%	10.37%	9.53%	8.46%
Free Cash Flow Margin	-	25.50%	20.13%	-0.66%	39.59%	32.33%
EBITDA	50,305	54,676	54,646	52,513	52,779	52,361
EBITDA Margin	50.56%	54.45%	55.89%	55.86%	57.26%	60.47%
D&A For EBITDA	30,636	37,489	38,842	37,615	38,019	38,458
EBIT	19,669	17,187	15,804	14,898	14,760	13,903
EBIT Margin	19.77%	17.12%	16.16%	15.85%	16.01%	16.06%
Effective Tax Rate	24.53%	24.30%	24.00%	24.02%	23.78%	23.79%