China Telecom Corporation Limited
0728Company Overview
The company (“China Telecom” or “the Company”, a limited company incorporated in the People's Republic of China, collectively known as the “Group” with its subsidiaries) had approximately 372 million mobile users, 170 million cable broadband users, and approximately 107 million fixed telephone users at the end of 2021. The A shares and H shares issued by the Company are listed on the main boards of the Shanghai Stock Exchange and the Hong Kong Stock Exchange Limited, respectively. The company is a leading large-scale full-business integrated intelligent information service operator. It mainly provides fixed and mobile communication services, Internet access services, information services, and other value-added telecommunication services in China. Corporate honors: China Telecom ranked 131st in the 2022 “Fortune Global 500 Companies”, China Telecom ranked 193rd in the 2022 “Forbes Global Top 2000 Companies”, China Telecom won the “Enterprise Gold Award” from “TheAsset”, etc.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
| Name | China Telecom Corporation Limited |
| Ticker | 0728 |
| Main Business | Telecom Services |
| Type | Common Stock |
| Industry | Telecom Services |
| Country | HK |
| Market Cap | $43.88 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Revenue from services -- mobile communications services | $101,610.0 | $0.0 | - |
| Service revenues - industry digitalization service revenues | $68,800.0 | $0.0 | - |
| Service revenues - fixed line and smart home service revenues | $62,020.0 | $0.0 | - |
| Income from sale of goods and others | $24,690.0 | $0.0 | - |
| Income from services -- other services | $3,540.0 | $0.0 | - |
| Interest income | $1,808.0 | $1,808.0 | - |
| Total | $262,468.0 | $1,808.0 | 0.68% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| bank loans and overdrafts | $158,263,305.3 | 0.36% |
| short term borrowing | $401,960,784.3 | 0.92% |
| long term bank loan | $719,887,955.2 | 1.64% |
| Total Interest-Bearing Debt | $1,280,112,044.8 | 2.92% |
| Market Capitalization | $43,877,871,794.9 | 100.00% |
| Compliance Status | Threshold: 33% | passed |