What the company actually pays, and whether its own cash supports it.
Dividends view
Yield
2.43%Below 5Y avg (2.70%)
Annual Rate
CNY 0.10Paid semi-annual
Payout Ratio
73.7%Moderate
Payback Period
26.9 yr
Last Ex-Dividend
Jun 26, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
134.12BCNY
20.09B · vs all stocks (USD)
Updated Oct 22, 2026
Trailing P/E
19.59x
vs Telecom Services peers
Updated Oct 22, 2026
Revenue (TTM)
393.38BCNY
58.94B · vs all stocks (USD)
Updated Oct 22, 2026
Profit Margin
1.76%
vs Telecom Services peers
Updated Oct 22, 2026
Beta
0.5590x
vs all stocks
Updated Oct 22, 2026
52-Week Change
-20.99%
vs all stocks
Updated Oct 22, 2026
Forward Annual Dividend Yield
2.43%
vs all stocks
Updated Oct 22, 2026
Market Capitalization
134.12BCNY
20.09B · vs all stocks (USD)
Updated Oct 22, 2026
Enterprise Value
300.00BCNY
44.95B · vs all stocks (USD)
Updated Oct 22, 2026
Trailing P/E
19.59x
vs Telecom Services peers
Updated Oct 22, 2026
Forward P/E
15.22x
vs Telecom Services peers
Updated Oct 22, 2026
Price to Sales (TTM)
0.3425x
vs Telecom Services peers
Updated Oct 22, 2026
Price to Book (MRQ)
0.7859x
vs Telecom Services peers
Updated Oct 22, 2026
Enterprise to Revenue
0.7630x
vs Telecom Services peers
Updated Oct 22, 2026
Enterprise to EBITDA
4.58x
vs Telecom Services peers
Provider-reported. Enterprise Value ÷ EBITDA (TTM) on this page gives 2.91×.Updated Oct 22, 2026
Gross Margin
23.91%
vs Telecom Services peers
Provider-reported. Gross Profit (TTM) ÷ Revenue (TTM) on this page gives 21.82%.Updated Oct 22, 2026
Profit Margin
1.76%
vs Telecom Services peers
Updated Oct 22, 2026
Operating Margin
2.46%
vs Telecom Services peers
Updated Oct 22, 2026
Return on Assets (TTM)
0.81%
vs Telecom Services peers
Updated Oct 22, 2026
Return on Equity (TTM)
4.15%
vs Telecom Services peers
Updated Oct 22, 2026
Revenue (TTM)
393.38BCNY
58.94B · vs all stocks (USD)
Updated Oct 22, 2026
Revenue per Share (TTM)
12.76CNYUpdated Oct 22, 2026
Quarterly Revenue Growth
1.70%
vs Telecom Services peers
Updated Oct 22, 2026
Gross Profit (TTM)
85.85BCNY
12.86B · vs all stocks (USD)
Updated Oct 22, 2026
EBITDA (TTM)
103.17BCNY
15.46B · vs all stocks (USD)
Updated Oct 22, 2026
Net Income (TTM)
6.84BCNY
1.02B · vs all stocks (USD)
Updated Oct 22, 2026
Quarterly Earnings Growth (YoY)
-46.50%
vs Telecom Services peers
Updated Oct 22, 2026
Operating Cash Flow (TTM)
95.39BCNY
14.29B · vs all stocks (USD)
Updated Oct 22, 2026
Levered Free Cash Flow (TTM)
21.91BCNY
3.28B · vs all stocks (USD)
Updated Oct 22, 2026
Forward Annual Dividend Rate
0.1046CNYUpdated Oct 22, 2026
Forward Annual Dividend Yield
2.43%
vs all stocks
Updated Oct 22, 2026
Trailing Annual Dividend Rate
0.1635CNYUpdated Oct 22, 2026
Trailing Annual Dividend Yield
3.80%
vs all stocks
Updated Oct 22, 2026
5-Year Average Dividend Yield
2.70%
vs all stocks
Updated Oct 22, 2026
Payout Ratio
73.65%
vs Telecom Services peers
Updated Oct 22, 2026
Minority Interest (Equity)
207.91BCNYFY2025 · Dec 31, 2025
Revenue
392.22BCNYFY2025 · Dec 31, 2025
Cost of Goods Sold
299.91BCNYFY2025 · Dec 31, 2025
Gross Profit
92.32BCNYFY2025 · Dec 31, 2025
Operating Income
22.58BCNY
3.38B · vs all stocks (USD)
FY2025 · Dec 31, 2025
Pre-tax Income
25.30BCNYFY2025 · Dec 31, 2025
Income Tax Expense
4.52BCNYFY2025 · Dec 31, 2025
Net Income
20.79BCNYFY2025 · Dec 31, 2025
EBIT
26.52BCNYFY2025 · Dec 31, 2025
EBITDA (Income Statement)
103.17BCNYFY2025 · Dec 31, 2025
Research & Development
8.98BCNYFY2025 · Dec 31, 2025
Selling, General & Administrative
39.93BCNYFY2025 · Dec 31, 2025
Other Operating Expenses
1.82BCNYFY2025 · Dec 31, 2025
Non-operating Interest Income
1.77BCNYFY2025 · Dec 31, 2025
Non-operating Interest Expense
1.22BCNYFY2025 · Dec 31, 2025
EPS (Basic)
0.2920CNYFY2025 · Dec 31, 2025
EPS (Diluted)
0.2920CNYFY2025 · Dec 31, 2025
Basic Shares Outstanding
31.26BSharesFY2025 · Dec 31, 2025
Diluted Shares Outstanding
31.26BSharesFY2025 · Dec 31, 2025
Net Income from Continuing Operations
20.79BCNYFY2025 · Dec 31, 2025
Minority Interests (P&L)
-11.66BCNYFY2025 · Dec 31, 2025
Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025
Operating Cash Flow
5.17BCNYFY2025 · Dec 31, 2025
Free Cash Flow
-60.72BCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents (End of Period)
25.15BCNYFY2025 · Dec 31, 2025
Starting Profit (CF Statement)
20.79BCNYFY2025 · Dec 31, 2025
Stock-based Compensation
118.66MCNYFY2025 · Dec 31, 2025
Other Non-cash Items
2.26BCNYFY2025 · Dec 31, 2025
Change in Accounts Receivable (CF)
-18.87BCNYFY2025 · Dec 31, 2025
Change in Other Assets/Liabilities
872.57MCNYFY2025 · Dec 31, 2025
Capital Expenditures
-65.89BCNYFY2025 · Dec 31, 2025
Purchase of Investments
-45.01BCNYFY2025 · Dec 31, 2025
Sale of Investments
36.13BCNYFY2025 · Dec 31, 2025
Other Investing Activity
5.11BCNYFY2025 · Dec 31, 2025
Net Investing Cash Flow
-69.65BCNYFY2025 · Dec 31, 2025
Long-term Debt Issuance
3.46BCNYFY2025 · Dec 31, 2025
Long-term Debt Payments
-1.45BCNYFY2025 · Dec 31, 2025
Common Dividends Paid
-14.32BCNYFY2025 · Dec 31, 2025
Other Financing Charges
-12.69BCNYFY2025 · Dec 31, 2025
Net Financing Cash Flow
-25.00BCNYFY2025 · Dec 31, 2025
Shares Outstanding
31.26BSharesUpdated Oct 22, 2026
Float Shares
15.59BSharesUpdated Oct 22, 2026
% Held by Insiders
49.42%
vs all stocks
Updated Oct 22, 2026
% Held by Institutions
18.52%
vs all stocks
Updated Oct 22, 2026
Total Cash (MRQ)
76.73BCNY
11.50B · vs all stocks (USD)
Updated Oct 22, 2026
Total Cash per Share (MRQ)
2.45CNYUpdated Oct 22, 2026
Total Debt (MRQ)
31.35BCNY
4.70B · vs all stocks (USD)
Updated Oct 22, 2026
Total Debt to Equity (MRQ)
0.0820x
vs Telecom Services peers
Updated Oct 22, 2026
Current Ratio (MRQ)
0.7120x
vs Telecom Services peers
Updated Oct 22, 2026
Book Value per Share (MRQ)
5.48CNYUpdated Oct 22, 2026
Total Assets
671.06BCNY
100.54B · vs all stocks (USD)
FY2025 · Dec 31, 2025
Total Current Assets
169.00BCNYFY2025 · Dec 31, 2025
Total Liabilities
294.56BCNYFY2025 · Dec 31, 2025
Total Non-current Assets
502.06BCNYFY2025 · Dec 31, 2025
Total Non-current Liabilities
32.79BCNYFY2025 · Dec 31, 2025
Total Current Liabilities
261.77BCNYFY2025 · Dec 31, 2025
Cash & Cash Equivalents
46.86BCNYFY2025 · Dec 31, 2025
Other Short-term Investments
2.80BCNYFY2025 · Dec 31, 2025
Accounts Receivable
64.76BCNYFY2025 · Dec 31, 2025
Inventory
2.43BCNYFY2025 · Dec 31, 2025
Accounts Payable
172.39BCNYFY2025 · Dec 31, 2025
Short-term Debt
14.04BCNYFY2025 · Dec 31, 2025
Other Current Liabilities
3.13BCNYFY2025 · Dec 31, 2025
Long-term Debt
20.06BCNYFY2025 · Dec 31, 2025
Other Non-current Liabilities
797.17MCNYFY2025 · Dec 31, 2025
Common Stock (Book)
31.26BCNYFY2025 · Dec 31, 2025
Retained Earnings
56.28BCNYFY2025 · Dec 31, 2025
Total Shareholders' Equity
376.50BCNY
56.41B · vs all stocks (USD)
FY2025 · Dec 31, 2025
Treasury Stock
1.23BCNYFY2025 · Dec 31, 2025
52-Week Low
3.93CNYUpdated Oct 22, 2026
52-Week High
5.53CNYUpdated Oct 22, 2026
52-Week Change
-20.99%
vs all stocks
Updated Oct 22, 2026
Beta
0.5590x
vs all stocks
Updated Oct 22, 2026
50-Day MA
4.26CNYUpdated Oct 22, 2026
200-Day MA
4.52CNYUpdated Oct 22, 2026
Avg 10-Day Volume
172.06MSharesUpdated Oct 22, 2026
Avg 30-Day Volume
130.00MSharesUpdated Oct 22, 2026
Diluted EPS (TTM)
0.2200CNYUpdated Oct 22, 2026
2 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Multi-Year Debt Decrease With Cash Near Total Debt And Equity
Long-term debt down in each of four years, and cash now covers most or all of what is left.
Reads
How does this company use capital?
Cash Backing With Revenue And Income Streaks
Revenue has risen in each of three years, profit in all three, and it holds more cash than debt.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 23.9%, lower than 95% of its Telecom Services peers (median 59.5%)Significant