CHINA TELECOM (00728) Balance Sheet

5.470
-0.090-1.62%

Not Open May 21 16:07 CST

500.54BMarket Cap13.95P/E (TTM)

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(Q1)Mar 31, 2026

(FY)Dec 31, 2025

(Q9)Sep 30, 2025

(Q6)Jun 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(Q9)Sep 30, 2024

(Q6)Jun 30, 2024

(Q1)Mar 31, 2024

(FY)Dec 31, 2023

Assets

Current assets

Inventory

-1.42%3.75B

5.02%3.43B

-5.25%4.05B

-23.01%3.59B

-16.90%3.8B

-4.39%3.27B

-14.86%4.27B

-3.84%4.66B

-4.85%4.57B

-2.73%3.42B

Accounts receivable

12.23%69.71B

23.98%53.15B

17.57%70.37B

25.84%70.14B

20.65%62.11B

33.09%42.87B

14.54%59.85B

19.26%55.73B

26.38%51.48B

32.49%32.21B

Advance deposits and other receivables

-6.07%32.63B

-3.69%33.85B

17.26%37.19B

7.02%34.94B

-2.94%34.74B

-1.24%35.14B

-7.50%31.72B

-0.92%32.65B

4.49%35.79B

5.42%35.58B

Withholding and tax receivable

81.61%158M

-33.33%74M

10.81%41M

51.89%161M

12.99%87M

-20.71%111M

-17.78%37M

10.42%106M

2.67%77M

-9.09%140M

Cash and equivalents

-13.54%45.66B

-25.32%61.39B

-39.19%44.59B

-29.46%52.96B

-26.19%52.81B

1.43%82.21B

-11.05%73.34B

-10.31%75.07B

-4.14%71.55B

11.84%81.05B

Short-term deposit

7.13%39.62B

93.99%38.41B

68.31%34.55B

43.96%36.97B

125.86%36.98B

83.27%19.8B

310.09%20.53B

199.53%25.68B

226.59%16.37B

181.75%10.81B

Financial assets at fair value-current assets

--27.27B

--11.71B

--29B

--20.64B

----

Total current assets

14.08%223.2B

9.57%206.14B

14.76%224.91B

12.54%224.99B

5.84%195.65B

12.07%188.13B

7.14%195.98B

10.75%199.92B

13.05%184.87B

18.99%167.86B

Non-current assets

Property, plant and equipment

-2.70%401.82B

-2.55%416.18B

-0.46%400.01B

1.27%405.57B

3.30%412.98B

4.18%427.08B

1.06%401.84B

-0.03%400.5B

-0.93%399.81B

-0.97%409.94B

Construction in progress

4.60%63.6B

-3.95%56.48B

-18.50%66.05B

-18.45%70.94B

-25.99%60.8B

-18.60%58.8B

9.23%81.05B

16.77%86.99B

23.48%82.16B

23.60%72.24B

Associated company interest

2.99%46.22B

2.50%45.28B

2.80%44.61B

2.81%44.39B

2.47%44.88B

2.36%44.18B

1.95%43.39B

2.75%43.18B

2.45%43.8B

2.22%43.16B

Financial assets at fair value-non-current assets

167.56%998M

154.27%923M

-10.05%340M

-8.62%350M

-5.09%373M

-8.56%363M

-12.09%378M

-10.30%383M

-2.24%393M

-1.24%397M

Intangible assets

11.23%27.09B

11.47%28.44B

13.86%24.82B

14.28%24.58B

12.43%24.35B

12.38%25.51B

12.75%21.8B

9.09%21.51B

7.19%21.66B

9.25%22.7B

Goodwill

3.31%30.91B

3.30%30.91B

3.32%30.92B

3.31%30.92B

0.00%29.92B

0.01%29.93B

-0.00%29.92B

0.00%29.93B

0.01%29.92B

0.00%29.92B

Deferred tax assets

48.25%1.01B

48.89%1B

33.33%884M

17.62%781M

-20.47%684M

-50.04%673M

-53.57%663M

-60.80%664M

-70.32%860M

-64.75%1.35B

Other illiquid assets

25.79%27.31B

15.63%25.31B

11.66%21.87B

40.03%20.73B

124.88%21.71B

120.87%21.89B

117.21%19.59B

65.15%14.8B

11.66%9.66B

8.47%9.91B

Total non-current assets

-1.04%655.88B

-2.06%664.51B

-2.74%651.14B

-1.32%662.23B

-0.17%662.8B

1.58%678.5B

2.57%669.49B

1.70%671.07B

0.58%663.94B

0.20%667.95B

Total assets

2.40%879.08B

0.46%870.64B

1.22%876.05B

1.86%887.22B

1.14%858.46B

3.69%866.63B

3.57%865.47B

3.64%870.99B

3.05%848.81B

3.48%835.81B

Liabilities

Current liabilities

Accounts payable

4.09%154.5B

-6.76%149.7B

-4.21%152.01B

-3.27%157.42B

-4.22%148.43B

10.06%160.55B

5.49%158.7B

8.18%162.74B

11.19%154.98B

14.63%145.87B

Tax payable

-62.84%975M

-35.15%1.56B

-21.36%4.35B

-16.12%3.55B

66.92%2.62B

393.85%2.41B

21.25%5.53B

32.73%4.23B

6.29%1.57B

-46.90%488M

Other payables and accrued expenses

13.20%91.54B

10.65%87.18B

6.86%96.99B

5.65%91.83B

6.86%80.87B

6.10%78.79B

17.52%90.76B

17.27%86.91B

7.06%75.68B

13.85%74.26B

Short-term borrowing

-16.18%2.25B

-13.65%2.45B

-13.23%2.29B

-11.23%2.35B

-6.93%2.69B

-1.12%2.84B

-7.92%2.64B

-9.04%2.65B

-0.89%2.89B

0.95%2.87B

Bank loans and overdrafts

22.05%1.5B

18.42%1.47B

46.38%1.56B

47.29%1.55B

8.76%1.23B

9.27%1.24B

-5.34%1.06B

-7.24%1.05B

2.08%1.13B

-64.15%1.13B

Financial lease liabilities-current liabilities

10.01%15.43B

-0.90%14.24B

-2.94%13.95B

2.66%14B

5.90%14.03B

7.24%14.37B

7.38%14.38B

-3.91%13.63B

-10.36%13.24B

-7.52%13.4B

Total current liabilities

5.85%328.99B

-0.51%323.71B

0.13%331.52B

0.66%330.15B

0.46%310.83B

7.23%325.38B

6.37%331.08B

7.33%327.97B

5.73%309.4B

7.70%303.44B

Net current assets

8.14%-105.8B

14.33%-117.58B

21.09%-106.61B

17.88%-105.16B

7.52%-115.17B

-1.24%-137.25B

-5.26%-135.1B

-2.38%-128.05B

3.54%-124.54B

3.62%-135.57B

Total assets less current liabilities

0.45%550.09B

1.05%546.93B

1.90%544.53B

2.59%557.07B

1.53%547.63B

1.67%541.25B

1.92%534.39B

1.54%543.02B

1.58%539.4B

1.22%532.38B

Non-current liabilities

Long-term bank loan

-22.91%5.6B

-18.10%6.11B

-1.51%7.55B

51.10%8.8B

40.05%7.26B

45.06%7.46B

113.03%7.67B

45.06%5.82B

27.37%5.18B

14.67%5.14B

Financial lease liabilities-non-current liabilities

-35.56%20.78B

-28.10%25.05B

-22.94%27.41B

-22.80%29.53B

-20.46%32.24B

-18.31%34.84B

-19.65%35.57B

-19.06%38.25B

-17.97%40.54B

-18.62%42.65B

Deferred tax liability

14.96%39.84B

15.21%39.29B

17.93%35.99B

19.03%36.45B

13.21%34.65B

9.93%34.11B

15.08%30.52B

11.37%30.62B

11.09%30.61B

11.02%31.03B

Other non-current liabilities

-0.56%8B

-0.86%8.22B

5.93%8.35B

8.34%8.29B

8.27%8.04B

29.62%8.29B

25.48%7.88B

25.25%7.65B

30.77%7.43B

36.13%6.39B

Total non-current liabilities

-9.72%74.21B

-7.11%78.67B

-2.86%79.3B

0.87%83.06B

-1.86%82.2B

-0.60%84.7B

1.20%81.63B

-2.98%82.34B

-3.42%83.76B

-4.83%85.21B

Total liabilities

2.59%403.2B

-1.88%402.38B

-0.46%410.82B

0.71%413.22B

-0.04%393.02B

5.51%410.07B

5.30%412.71B

5.09%410.32B

3.64%393.16B

4.68%388.65B

Total assets less total liabilities

2.24%475.88B

2.56%468.26B

2.76%465.23B

2.89%474.01B

2.15%465.44B

2.10%456.55B

2.05%452.75B

2.39%460.67B

2.55%455.65B

2.46%447.17B

Total equity and non-current liabilities

0.45%550.09B

1.05%546.93B

1.90%544.53B

2.59%557.07B

1.53%547.63B

1.67%541.25B

1.92%534.39B

1.54%543.02B

1.58%539.4B

1.22%532.38B

Equity

Share capital

0.00%91.51B

Reserve

1.90%376.82B

2.34%369.32B

2.71%366.62B

2.90%375.36B

2.76%369.8B

2.69%360.88B

2.63%356.94B

3.03%364.77B

3.27%359.87B

3.18%351.42B

Shareholders' Equity

1.52%468.33B

1.87%460.83B

2.16%458.12B

2.32%466.87B

2.20%461.31B

2.14%452.39B

2.09%448.45B

2.40%456.28B

2.59%451.37B

2.51%442.93B

Non-controlling interest

82.94%7.55B

78.57%7.43B

65.26%7.11B

62.41%7.14B

-3.42%4.13B

-1.86%4.16B

-1.71%4.3B

0.83%4.4B

-1.25%4.27B

-2.24%4.24B

Total equity

2.24%475.88B

2.56%468.26B

2.76%465.23B

2.89%474.01B

2.15%465.44B

2.10%456.55B

2.05%452.75B

2.39%460.67B

2.55%455.65B

2.46%447.17B

Total equity and total liabilities

2.40%879.08B

0.46%870.64B

1.22%876.05B

1.86%887.22B

1.14%858.46B

3.69%866.63B

3.57%865.47B

3.64%870.99B

3.05%848.81B

3.48%835.81B

Currency Unit

CNY

Accounting Standards

IAS

Audit Opinions

Unqualified Opinion

Auditor

KPMG Huazhen Certified Public Accountants (Special General Partnership), KPMG Accounting Firm

PwC, PwC Zhongtian Certified Public Accountants (Special General Partnership)

	(Q1)Mar 31, 2026	(FY)Dec 31, 2025	(Q9)Sep 30, 2025	(Q6)Jun 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(Q9)Sep 30, 2024	(Q6)Jun 30, 2024	(Q1)Mar 31, 2024	(FY)Dec 31, 2023
Assets
Current assets
Inventory	-1.42%3.75B	5.02%3.43B	-5.25%4.05B	-23.01%3.59B	-16.90%3.8B	-4.39%3.27B	-14.86%4.27B	-3.84%4.66B	-4.85%4.57B	-2.73%3.42B
Accounts receivable	12.23%69.71B	23.98%53.15B	17.57%70.37B	25.84%70.14B	20.65%62.11B	33.09%42.87B	14.54%59.85B	19.26%55.73B	26.38%51.48B	32.49%32.21B
Advance deposits and other receivables	-6.07%32.63B	-3.69%33.85B	17.26%37.19B	7.02%34.94B	-2.94%34.74B	-1.24%35.14B	-7.50%31.72B	-0.92%32.65B	4.49%35.79B	5.42%35.58B
Withholding and tax receivable	81.61%158M	-33.33%74M	10.81%41M	51.89%161M	12.99%87M	-20.71%111M	-17.78%37M	10.42%106M	2.67%77M	-9.09%140M
Cash and equivalents	-13.54%45.66B	-25.32%61.39B	-39.19%44.59B	-29.46%52.96B	-26.19%52.81B	1.43%82.21B	-11.05%73.34B	-10.31%75.07B	-4.14%71.55B	11.84%81.05B
Short-term deposit	7.13%39.62B	93.99%38.41B	68.31%34.55B	43.96%36.97B	125.86%36.98B	83.27%19.8B	310.09%20.53B	199.53%25.68B	226.59%16.37B	181.75%10.81B
Financial assets at fair value-current assets	--27.27B	--11.71B	--29B	--20.64B	----	----	----	----	----	----
Total current assets	14.08%223.2B	9.57%206.14B	14.76%224.91B	12.54%224.99B	5.84%195.65B	12.07%188.13B	7.14%195.98B	10.75%199.92B	13.05%184.87B	18.99%167.86B
Non-current assets
Property, plant and equipment	-2.70%401.82B	-2.55%416.18B	-0.46%400.01B	1.27%405.57B	3.30%412.98B	4.18%427.08B	1.06%401.84B	-0.03%400.5B	-0.93%399.81B	-0.97%409.94B
Construction in progress	4.60%63.6B	-3.95%56.48B	-18.50%66.05B	-18.45%70.94B	-25.99%60.8B	-18.60%58.8B	9.23%81.05B	16.77%86.99B	23.48%82.16B	23.60%72.24B
Associated company interest	2.99%46.22B	2.50%45.28B	2.80%44.61B	2.81%44.39B	2.47%44.88B	2.36%44.18B	1.95%43.39B	2.75%43.18B	2.45%43.8B	2.22%43.16B
Financial assets at fair value-non-current assets	167.56%998M	154.27%923M	-10.05%340M	-8.62%350M	-5.09%373M	-8.56%363M	-12.09%378M	-10.30%383M	-2.24%393M	-1.24%397M
Intangible assets	11.23%27.09B	11.47%28.44B	13.86%24.82B	14.28%24.58B	12.43%24.35B	12.38%25.51B	12.75%21.8B	9.09%21.51B	7.19%21.66B	9.25%22.7B
Goodwill	3.31%30.91B	3.30%30.91B	3.32%30.92B	3.31%30.92B	0.00%29.92B	0.01%29.93B	-0.00%29.92B	0.00%29.93B	0.01%29.92B	0.00%29.92B
Deferred tax assets	48.25%1.01B	48.89%1B	33.33%884M	17.62%781M	-20.47%684M	-50.04%673M	-53.57%663M	-60.80%664M	-70.32%860M	-64.75%1.35B
Other illiquid assets	25.79%27.31B	15.63%25.31B	11.66%21.87B	40.03%20.73B	124.88%21.71B	120.87%21.89B	117.21%19.59B	65.15%14.8B	11.66%9.66B	8.47%9.91B
Total non-current assets	-1.04%655.88B	-2.06%664.51B	-2.74%651.14B	-1.32%662.23B	-0.17%662.8B	1.58%678.5B	2.57%669.49B	1.70%671.07B	0.58%663.94B	0.20%667.95B
Total assets	2.40%879.08B	0.46%870.64B	1.22%876.05B	1.86%887.22B	1.14%858.46B	3.69%866.63B	3.57%865.47B	3.64%870.99B	3.05%848.81B	3.48%835.81B
Liabilities
Current liabilities
Accounts payable	4.09%154.5B	-6.76%149.7B	-4.21%152.01B	-3.27%157.42B	-4.22%148.43B	10.06%160.55B	5.49%158.7B	8.18%162.74B	11.19%154.98B	14.63%145.87B
Tax payable	-62.84%975M	-35.15%1.56B	-21.36%4.35B	-16.12%3.55B	66.92%2.62B	393.85%2.41B	21.25%5.53B	32.73%4.23B	6.29%1.57B	-46.90%488M
Other payables and accrued expenses	13.20%91.54B	10.65%87.18B	6.86%96.99B	5.65%91.83B	6.86%80.87B	6.10%78.79B	17.52%90.76B	17.27%86.91B	7.06%75.68B	13.85%74.26B
Short-term borrowing	-16.18%2.25B	-13.65%2.45B	-13.23%2.29B	-11.23%2.35B	-6.93%2.69B	-1.12%2.84B	-7.92%2.64B	-9.04%2.65B	-0.89%2.89B	0.95%2.87B
Bank loans and overdrafts	22.05%1.5B	18.42%1.47B	46.38%1.56B	47.29%1.55B	8.76%1.23B	9.27%1.24B	-5.34%1.06B	-7.24%1.05B	2.08%1.13B	-64.15%1.13B
Financial lease liabilities-current liabilities	10.01%15.43B	-0.90%14.24B	-2.94%13.95B	2.66%14B	5.90%14.03B	7.24%14.37B	7.38%14.38B	-3.91%13.63B	-10.36%13.24B	-7.52%13.4B
Total current liabilities	5.85%328.99B	-0.51%323.71B	0.13%331.52B	0.66%330.15B	0.46%310.83B	7.23%325.38B	6.37%331.08B	7.33%327.97B	5.73%309.4B	7.70%303.44B
Net current assets	8.14%-105.8B	14.33%-117.58B	21.09%-106.61B	17.88%-105.16B	7.52%-115.17B	-1.24%-137.25B	-5.26%-135.1B	-2.38%-128.05B	3.54%-124.54B	3.62%-135.57B
Total assets less current liabilities	0.45%550.09B	1.05%546.93B	1.90%544.53B	2.59%557.07B	1.53%547.63B	1.67%541.25B	1.92%534.39B	1.54%543.02B	1.58%539.4B	1.22%532.38B
Non-current liabilities
Long-term bank loan	-22.91%5.6B	-18.10%6.11B	-1.51%7.55B	51.10%8.8B	40.05%7.26B	45.06%7.46B	113.03%7.67B	45.06%5.82B	27.37%5.18B	14.67%5.14B
Financial lease liabilities-non-current liabilities	-35.56%20.78B	-28.10%25.05B	-22.94%27.41B	-22.80%29.53B	-20.46%32.24B	-18.31%34.84B	-19.65%35.57B	-19.06%38.25B	-17.97%40.54B	-18.62%42.65B
Deferred tax liability	14.96%39.84B	15.21%39.29B	17.93%35.99B	19.03%36.45B	13.21%34.65B	9.93%34.11B	15.08%30.52B	11.37%30.62B	11.09%30.61B	11.02%31.03B
Other non-current liabilities	-0.56%8B	-0.86%8.22B	5.93%8.35B	8.34%8.29B	8.27%8.04B	29.62%8.29B	25.48%7.88B	25.25%7.65B	30.77%7.43B	36.13%6.39B
Total non-current liabilities	-9.72%74.21B	-7.11%78.67B	-2.86%79.3B	0.87%83.06B	-1.86%82.2B	-0.60%84.7B	1.20%81.63B	-2.98%82.34B	-3.42%83.76B	-4.83%85.21B
Total liabilities	2.59%403.2B	-1.88%402.38B	-0.46%410.82B	0.71%413.22B	-0.04%393.02B	5.51%410.07B	5.30%412.71B	5.09%410.32B	3.64%393.16B	4.68%388.65B
Total assets less total liabilities	2.24%475.88B	2.56%468.26B	2.76%465.23B	2.89%474.01B	2.15%465.44B	2.10%456.55B	2.05%452.75B	2.39%460.67B	2.55%455.65B	2.46%447.17B
Total equity and non-current liabilities	0.45%550.09B	1.05%546.93B	1.90%544.53B	2.59%557.07B	1.53%547.63B	1.67%541.25B	1.92%534.39B	1.54%543.02B	1.58%539.4B	1.22%532.38B
Equity
Share capital	0.00%91.51B	0.00%91.51B	0.00%91.51B	0.00%91.51B	0.00%91.51B	0.00%91.51B	0.00%91.51B	0.00%91.51B	0.00%91.51B	0.00%91.51B
Reserve	1.90%376.82B	2.34%369.32B	2.71%366.62B	2.90%375.36B	2.76%369.8B	2.69%360.88B	2.63%356.94B	3.03%364.77B	3.27%359.87B	3.18%351.42B
Shareholders' Equity	1.52%468.33B	1.87%460.83B	2.16%458.12B	2.32%466.87B	2.20%461.31B	2.14%452.39B	2.09%448.45B	2.40%456.28B	2.59%451.37B	2.51%442.93B
Non-controlling interest	82.94%7.55B	78.57%7.43B	65.26%7.11B	62.41%7.14B	-3.42%4.13B	-1.86%4.16B	-1.71%4.3B	0.83%4.4B	-1.25%4.27B	-2.24%4.24B
Total equity	2.24%475.88B	2.56%468.26B	2.76%465.23B	2.89%474.01B	2.15%465.44B	2.10%456.55B	2.05%452.75B	2.39%460.67B	2.55%455.65B	2.46%447.17B
Total equity and total liabilities	2.40%879.08B	0.46%870.64B	1.22%876.05B	1.86%887.22B	1.14%858.46B	3.69%866.63B	3.57%865.47B	3.64%870.99B	3.05%848.81B	3.48%835.81B
Currency Unit	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY	CNY
Accounting Standards	IAS	IAS	IAS	IAS	IAS	IAS	IAS	IAS	IAS	IAS
Audit Opinions	--	Unqualified Opinion	--	--	--	Unqualified Opinion	--	--	--	Unqualified Opinion
Auditor	--	KPMG Huazhen Certified Public Accountants (Special General Partnership), KPMG Accounting Firm	--	--	--	KPMG Huazhen Certified Public Accountants (Special General Partnership), KPMG Accounting Firm	--	--	--	PwC, PwC Zhongtian Certified Public Accountants (Special General Partnership)

FY: Financial Year. Refers to the 10-K file disclosed by the listed company to the SEC.

Q: Quarter. Refers to the 10-Q file disclosed by the listed company to the SEC. Q1, Q2, Q3, and Q4 are quarterly reports each with a span of 3 months; Q6 and Q9 are cumulative reports, with Q6 including 6 months and Q9 9 months.

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