SHA/601728 (SHA/601728)

Shanghai Stock Exchange: SHA/601728 · CNY

CN¥6.88

-0.07 (-1.0%)· Recorded snapshot

Market cap	585.9B
Revenue (ttm)	509.8B
Net income (ttm)	28.6B
EPS (ttm)	CN¥0.31
P/E (trailing)	22.3x
P/E (forward)	19.3x
Dividend	CN¥0.25 (3.65%)
Volume	112,673,461
Beta	0.56

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 509.8B
Net income (ttm): 28.6B
EPS (ttm): CN¥0.31
P/E (trailing): 22.3x
P/E (forward): 19.3x
Market cap: 585.9B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E19.3

P25 n/aP50 n/aP75 n/a

Trailing P/E22.3

P25 n/aP50 n/aP75 n/a

ROE6.1

P25 n/aP50 n/aP75 n/a

ROIC5.9

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.8%

Nasdaq Composite-1.0%

Dow Jones Industrial Average+1.9%

Russell 2000+0.3%

All SHA/601728 indicators

Market & fundamental data

Available fields

239

Groups with data

Currency

CNY

Showing 239 of 239 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CNY
Country	China
Country code	CN
Earnings date	2026-10-22
Employees	277,911
Employees change	-865
Employees growth	-0.31%
Enterprise value	CNY 549.3B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-09-30
First seen	2026-05-10
Fiscal year end	December
Founded	2002
Industry	Telecom Services
Is primary listing	No
ISIN number	CNE100004QG0
Last earnings date	2026-10-22
Last refreshed	2026-10-28
Market cap	CNY 585.9B
Next earnings date	2026-10-28
Price	CNY 6.88
Price currency	CNY
Sector	Communication Services
SIC code	4813
Stock price date	2026-10-28
Symbol	sha/601728
Website	https://www.chinatelecom-h.com/en/global/home.php

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	14.07x
Average P/E ratio (3Y)	17.45x
Average P/E ratio (5Y)	16.31x
Earnings yield	4.49%
EV/Earnings	19.19x
EV/EBIT	16.58x
EV/EBITDA	4.79x
EV/FCF	8.77x
EV/Sales	1.08x
FCF / EV yield	11.4%
FCF yield	10.69%
Forward P/E	19.31x
Graham number	6.46966
Graham upside	-5.96%
Industry P/E	47.68x
Lynch fair value	CNY 1.68
Lynch upside	-75.58%
P/B ratio	1.24x
P/E ratio	22.29x
P/FCF ratio	9.35x
P/OCF ratio	4.34x
P/S ratio	1.15x
Price / tangible book value	1.52x
Price/EBITDA ratio	5.9x
Sector forward P/E	15.74x
Sector P/E	52.47x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	6.54%
EBITDA margin	19.49%
Effective tax rate	23.83%
FCF margin	12.29%
Gross margin	28.35%
Operating margin	6.54%
Pretax margin	7.38%
Profit margin	5.61%
Profit per employee	CNY 102,979
Profitable quarters	65
Profitable years	25
Revenue per employee	CNY 1.8M
ROA	2.37%
ROA (5Y)	2.78%
ROCE	6.15%
ROE	6.11%
ROE (5Y)	6.86%
ROIC	5.9%
ROIC (5Y)	6.63%
Tax / revenue	1.76%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-18.17%
EPS growth (Q)	-14.25%
EPS growth (QoQ)	-42.2%
EPS growth 3Y	-1.96%
EPS growth 5Y	2.21%
EPS growth years	0
FCF growth	7.37%
FCF growth (Q)	-13%
FCF growth (QoQ)	-23.04%
FCF growth 3Y	13.61%
FCF growth 5Y	3.72%
Gross profit growth	-4.92%
Gross profit growth (Q)	-5.92%
Gross profit growth 3Y	-17.53%
Gross profit growth 5Y	-7.81%
Net income growth	-17.02%
Net income growth (Q)	-14.65%
Net income growth (QoQ)	-45.91%
Net income growth 3Y	-1.72%
Net income growth 5Y	2.36%
Net income growth years	6
OCF growth	-0.18%
OCF growth (Q)	-7.29%
OCF growth (QoQ)	0.06%
OCF growth 3Y	0.54%
OCF growth 5Y	-2.45%
Operating income growth	-12.54%
Operating income growth (Q)	-16.53%
Operating income growth 3Y	-3.39%
Operating income growth 5Y	-1.81%
Revenue growth	-3.07%
Revenue growth (Q)	-3.01%
Revenue growth (QoQ)	-4.69%
Revenue growth 10Y	3.87%
Revenue growth 3Y	0.33%
Revenue growth 5Y	3.5%
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CNY -72.3B
Depreciation and amortization	CNY 66B
EBIT	CNY 33.3B
EBITDA	CNY 99.3B
EPS	CNY 0.31
Financing cash flow	CNY -51.1B
Free cash flow	CNY 62.6B
Gross profit	CNY 144.5B
Income taxes	CNY 9B
Investing cash flow	CNY -92.3B
Net borrowing	CNY -29.5B
Net cash flow	CNY -8.8B
Net income	CNY 28.6B
Operating income	CNY 33.3B
Revenue	CNY 509.8B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.83
Book value per share	CNY 5.07
Debt / EBITDA	0.41
Debt / equity	0.1
Debt / FCF	0.76
Goodwill	CNY 30.9B
Interest coverage	18.91
Long-term assets	CNY 658.2B
Long-term liabilities	CNY 70.3B
Net cash (debt)	CNY 44.4B
Net cash / market cap	7.57%
Net cash growth	-19.43%
Net debt / EBITDA	-0.45
Net debt / equity	-0.09
Net debt / FCF	-0.71
Piotroski F-Score	5
Property, plant and equipment	CNY 485.3B
Shareholders' equity	CNY 471.4B
Tangible book value	CNY 386.7B
Tangible book value per share	CNY 4.23
Total assets	CNY 879.5B
Total cash	CNY 92.2B
Total debt	CNY 47.9B
Total liabilities	CNY 408B
WACC	6.98%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.58
Current assets	CNY 221.3B
Current liabilities	CNY 337.7B
Current ratio	0.66
Inventory turnover	86.71
Net working capital	CNY -183.6B
Quick ratio	0.53
Working capital	CNY -116.4B
Working capital turnover	-4.57

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.75%
Dividend growth	-8.21%
Dividend growth (3Y)	4.67%
Dividend growth years	2
Dividend payment date	2026-09-10
Dividend payment years	5
Dividend payout frequency	Semi-Annual
Dividend per share	CNY 0.25
Dividend yield	3.65%
Ex-dividend date	2026-09-10
Last dividend	CNY 0.16
Payout ratio	74.64%
Shareholder yield	2.9%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	CNY 6.13
1D price change	-1.01%
1M price change	9.9%
1M total return	9.9%
1W price change	2.27%
1W total return	2.27%
1Y price change	-1.74%
1Y return CAGR	2.34%
1Y total return	2.34%
20-day SMA	CNY 6.60
200-day SMA	CNY 6.09
3M price change	10.62%
3M total return	13.52%
3Y price change	24.91%
3Y return CAGR	12.08%
3Y total return	40.79%
50-day SMA	CNY 6.46
50-day SMA vs 200-day SMA	50over200
52-week high	CNY 7.39
52-week high date	2026-05-19
52-week low	CNY 5.15
52-week low date	2026-07-01
5Y price change	60.05%
5Y return CAGR	15.1%
5Y total return	102.02%
6M price change	13.02%
6M total return	17.72%
All-time high	CNY 8.61
All-time high date	2025-02-24
All-time low	CNY 3.65
All-time low date	2022-08-02
Average true range (ATR)	CNY 0.17
Average volume	115M
Beta (5Y)	0.56
Change from 52-week high	-6.9%
Change from 52-week low	33.59%
Change from all-time high	-21.37%
Change from all-time low	85.48%
Change from open	-1.85%
Day's gap	0.86%
Dollar volume	CNY 775.2M
High price	CNY 7.01
Low price	CNY 6.70
Monthly RSI	54.66
Open price	CNY 7.01
Position in 52-week range	58.06%
Previous close	CNY 6.95
Price vs 150-day SMA	10.53%
Price vs 20-day SMA	2.53%
Price vs 200-day SMA	11.2%
Price vs 50-day SMA	4.73%
Relative volume	0.98
RSI	57.73
Sharpe ratio	0.08
Sharpe ratio (3Y)	0.32
Sortino ratio	0.35
Sortino ratio (3Y)	0.74
Volume	112.7M
Weekly RSI	60.1
YTD price change	7.46%
YTD total return	11.92%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	23.4B
Shares change (QoQ)	-3.73%
Shares change (YoY)	0.75%
Shares held by insiders	0%
Shares held by institutions	7.19%

Deeper analysis on SHA/601728

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this SHA/601728 report

Is a complete SHA/601728 research report available?

No complete published report is available for sha/601728 (SHA/601728) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

585.9B

Revenue (ttm)

509.8B

Net income (ttm)

28.6B

EPS (ttm)

CN¥0.31

P/E (trailing)

22.3x

P/E (forward)

19.3x

Dividend

CN¥0.25 (3.65%)

Volume

112,673,461

Beta

0.56

Metric

Value

Amount currency

CNY

Country

China

Country code

Earnings date

2026-10-22

Employees

277,911

Employees change

-865

Employees growth

-0.31%

Enterprise value

CNY 549.3B

Exchange

Shanghai Stock Exchange

Financial currency

CNY

Financial report date

2026-09-30

First seen

2026-05-10

Fiscal year end

December

Founded

2002

Industry

Telecom Services

Is primary listing

ISIN number

CNE100004QG0

Last earnings date

2026-10-22

Last refreshed

2026-10-28

Market cap

CNY 585.9B

Next earnings date

2026-10-28

Price

CNY 6.88

Price currency

CNY

Sector

Communication Services

SIC code

4813

Stock price date

2026-10-28

Symbol

sha/601728

Website

https://www.chinatelecom-h.com/en/global/home.php

Metric

Value

Average P/E ratio (10Y)

14.07x

Average P/E ratio (3Y)

17.45x

Average P/E ratio (5Y)

16.31x

Earnings yield

4.49%

EV/Earnings

19.19x

EV/EBIT

16.58x

EV/EBITDA

4.79x

EV/FCF

8.77x

EV/Sales

1.08x

FCF / EV yield

11.4%

FCF yield

10.69%

Forward P/E

19.31x

Graham number

6.46966

Graham upside

-5.96%

Industry P/E

47.68x

Lynch fair value

CNY 1.68

Lynch upside

-75.58%

P/B ratio

1.24x

P/E ratio

22.29x

P/FCF ratio

9.35x

P/OCF ratio

4.34x

P/S ratio

1.15x

Price / tangible book value

1.52x

Price/EBITDA ratio

5.9x

Sector forward P/E

15.74x

Sector P/E

52.47x

Metric

Value

EBIT margin

6.54%

EBITDA margin

19.49%

Effective tax rate

23.83%

FCF margin

12.29%

Gross margin

28.35%

Operating margin

6.54%

Pretax margin

7.38%

Profit margin

5.61%

Profit per employee

CNY 102,979

Profitable quarters

Profitable years

Revenue per employee

CNY 1.8M

ROA

2.37%

ROA (5Y)

2.78%

ROCE

6.15%

ROE

6.11%

ROE (5Y)

6.86%

ROIC

5.9%

ROIC (5Y)

6.63%

Tax / revenue

1.76%

Metric

Value

EPS growth

-18.17%

EPS growth (Q)

-14.25%

EPS growth (QoQ)

-42.2%

EPS growth 3Y

-1.96%

EPS growth 5Y

2.21%

EPS growth years

FCF growth

7.37%

FCF growth (Q)

-13%

FCF growth (QoQ)

-23.04%

FCF growth 3Y

13.61%

FCF growth 5Y

3.72%

Gross profit growth

-4.92%

Gross profit growth (Q)

-5.92%

Gross profit growth 3Y

-17.53%

Gross profit growth 5Y

-7.81%

Net income growth

-17.02%

Net income growth (Q)

-14.65%

Net income growth (QoQ)

-45.91%

Net income growth 3Y

-1.72%

Net income growth 5Y

2.36%

Net income growth years

OCF growth

-0.18%

OCF growth (Q)

-7.29%

OCF growth (QoQ)

0.06%

OCF growth 3Y

0.54%

OCF growth 5Y

-2.45%

Operating income growth

-12.54%

Operating income growth (Q)

-16.53%

Operating income growth 3Y

-3.39%

Operating income growth 5Y

-1.81%

Revenue growth

-3.07%

Revenue growth (Q)

-3.01%

Revenue growth (QoQ)

-4.69%

Revenue growth 10Y

3.87%

Revenue growth 3Y

0.33%

Revenue growth 5Y

3.5%

Revenue growth years

Metric

Value

Capital expenditures

CNY -72.3B

Depreciation and amortization

CNY 66B

EBIT

CNY 33.3B

EBITDA

CNY 99.3B

EPS

CNY 0.31

Financing cash flow

CNY -51.1B

Free cash flow

CNY 62.6B

Gross profit

CNY 144.5B

Income taxes

CNY 9B

Investing cash flow

CNY -92.3B

Net borrowing

CNY -29.5B

Net cash flow

CNY -8.8B

Net income

CNY 28.6B

Operating income

CNY 33.3B

Revenue

CNY 509.8B

Metric

Value

Altman Z-Score

1.83

Book value per share

CNY 5.07

Debt / EBITDA

0.41

Debt / equity

0.1

Debt / FCF

0.76

Goodwill

CNY 30.9B

Interest coverage

18.91

Long-term assets

CNY 658.2B

Long-term liabilities

CNY 70.3B

Net cash (debt)

CNY 44.4B

Net cash / market cap

7.57%

Net cash growth

-19.43%

Net debt / EBITDA

-0.45

Net debt / equity

-0.09

Net debt / FCF

-0.71

Piotroski F-Score

Property, plant and equipment

CNY 485.3B

Shareholders' equity

CNY 471.4B

Tangible book value

CNY 386.7B

Tangible book value per share

CNY 4.23

Total assets

CNY 879.5B

Total cash

CNY 92.2B

Total debt

CNY 47.9B

Total liabilities

CNY 408B

WACC

6.98%

Metric

Value

Asset turnover

0.58

Current assets

CNY 221.3B

Current liabilities

CNY 337.7B

Current ratio

0.66

Inventory turnover

86.71

Net working capital

CNY -183.6B

Quick ratio

0.53

Working capital

CNY -116.4B

Working capital turnover

-4.57

Metric

Value

Buyback yield / dilution

-0.75%

Dividend growth

-8.21%

Dividend growth (3Y)

4.67%

Dividend growth years

Dividend payment date

2026-09-10

Dividend payment years

Dividend payout frequency

Semi-Annual

Dividend per share

CNY 0.25

Dividend yield

3.65%

Ex-dividend date

2026-09-10

Last dividend

CNY 0.16

Payout ratio

74.64%

Shareholder yield

2.9%

Metric

Value

150-day SMA

CNY 6.13

1D price change

-1.01%

1M price change

9.9%

1M total return

9.9%

1W price change

2.27%

1W total return

2.27%

1Y price change

-1.74%

1Y return CAGR

2.34%

1Y total return

2.34%

20-day SMA

CNY 6.60

200-day SMA

CNY 6.09

3M price change

10.62%

3M total return

13.52%

3Y price change

24.91%

3Y return CAGR

12.08%

3Y total return

40.79%

50-day SMA

CNY 6.46

50-day SMA vs 200-day SMA

50over200

52-week high

CNY 7.39

52-week high date

2026-05-19

52-week low

CNY 5.15

52-week low date

2026-07-01

5Y price change

60.05%

5Y return CAGR

15.1%

5Y total return

102.02%

6M price change

13.02%

6M total return

17.72%

All-time high

CNY 8.61

All-time high date

2025-02-24

All-time low

CNY 3.65

All-time low date

2022-08-02

Average true range (ATR)

CNY 0.17

Average volume

115M

Beta (5Y)

0.56

Change from 52-week high

-6.9%

Change from 52-week low

33.59%

Change from all-time high

-21.37%

Change from all-time low

85.48%

Change from open

-1.85%

Day's gap

0.86%

Dollar volume

CNY 775.2M

High price

CNY 7.01

Low price

CNY 6.70

Monthly RSI

54.66

Open price

CNY 7.01

Position in 52-week range

58.06%

Previous close

CNY 6.95

Price vs 150-day SMA

10.53%

Price vs 20-day SMA

2.53%

Price vs 200-day SMA

11.2%

Price vs 50-day SMA

4.73%

Relative volume

0.98

RSI

57.73

Sharpe ratio

0.08

Sharpe ratio (3Y)

0.32

Sortino ratio

0.35

Sortino ratio (3Y)

0.74

Volume

112.7M

Weekly RSI

60.1

YTD price change

7.46%

YTD total return

11.92%

Metric

Value

Float

23.4B

Shares change (QoQ)

-3.73%

Shares change (YoY)

0.75%

Shares held by insiders

Shares held by institutions

7.19%

SHA/601728 (SHA/601728)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/601728

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/601728 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SHA/601728

Frequently asked questions

SHA/601728 (SHA/601728)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/601728

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/601728 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SHA/601728

Frequently asked questions