China Telecom Corporation (601728) Fair Value & Analysis
Communication Services · CN · Market cap 550B CNY
Fair value as of: Jul 18, 2026
From 26 valuation models · updated 20 days ago
Share price +14.1% over the past month.
A solid business, screening 33% undervalued on our models.
What matters now
- Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
- Our model range runs from ¥6.39 (bear) to ¥10.32 (bull), base ¥8.36. The closer the price sits to the lower half, the larger the margin of safety.
- Quality 57/100 (solid quality) with high evidence: the data supports the verdict.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.
How to read this chart
60‑month range ¥3.12 – ¥8.17 · fair‑value band ¥6.39 – ¥10.32 · the ¥6.30 price screens below the ¥8.36 fair value. Dashed = 300-day average. As of Jul 18, 2026.
Analysis
China Telecom Corporation (601728) currently trades at ¥6.30, while our model-based Fair Value estimate is ¥8.36, implying the stock looks roughly 32.7% undervalued today. We read business quality at 57/100 (solid quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, China Telecom Corporation generated revenue of 520B CNY at a net margin of 6.1%. Revenue declined 2.6% year over year. It earns a return on equity of 6.7%. The balance sheet holds a net cash position of 38.6B CNY. Fundamentals as of Jul 18, 2026
Our scenario range runs from ¥6.39 (bear case) to ¥10.32 (bull case); at ¥6.30, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 19% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 32% fair-value upside, at 33%, 601728 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: DCF Models (¥11.28) versus Earnings-Based (¥2.36). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 52
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
China Telecom Corporation Limited, together with its subsidiaries, provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People's Republic of China.
Full company description
China Telecom Corporation Limited, together with its subsidiaries, provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People's Republic of China. The company offers mobile communications; wireline and smart family; industrial digitalisation; and other services. The company also develops and deploys industry-specific large models and digital platforms, including the Xingchen platform series, to support digital transformation in sectors such as manufacturing, education, healthcare, government, and smart city management. The company was incorporated in 2002 and is based in Beijing, China. China Telecom Corporation Limited operates as a subsidiary of China Telecom Group Co., Ltd.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
China Telecom Corporation reported revenue of ¥523B in FY2025 versus ¥440B in FY2021, a compound +4.4%/yr. Reported net income was ¥33.2B in FY2025, compounding +6.3%/yr from FY2021.
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Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- China Telecom At Heart Of HK$295b Data Center Expansion Story
- China Weighs $295 Billion AI Data Center Buildout Over Five Years
- GDS and Vnet Rally on Reports of Major China Data Center Investment Plan
Peer Group
Telecom Services · 252 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Telecom Services median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| China Mobile Limited 600941 | ¥89.98 | ¥109.88 | +22% |
| T-Mobile US, Inc TMUS | $187.61 | $172.67 | -8% |
| Bharti Airtel Limited BHARTIARTL | ₹1,922 | ₹941.55 | -51% |
| América Móvil, S.A. AMXB | 23.07 MXN | 30.35 MXN | +32% |
| Vodafone Group VODN | 259.50 MXN | 507.27 MXN | +95% |
| Advanced Info Service Public Company ADVANC | 379.00 THB | 286.77 THB | -24% |
| Chunghwa Telecom Co 2412 | 133.50 TWD | 100.00 TWD | -25% |
| China Unicom (Hong Kong) Limited 0762 | HK$6.50 | HK$13.03 | +100% |
| Telefónica, S.A TEFN | 75.67 MXN | 111.01 MXN | +47% |
| TLKM TLKM | 2,530 IDR | 3,898 IDR | +54% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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