CTOWY
Price:
$14.93
Market Cap:
$146.57B
China Tower Corporation Limited is a company operating within the People's Republic of China, primarily focused on providing telecommunication tower infrastructure services. The company's core activities involve the development, upkeep, and management of essential telecommunications base station infrastructure. This encompasses the construction and maintenance of cell towers, the provision of public network coverage solutions for high-speed rail lines and subway systems, and the deployment of extensive indoor distributed antenna systems. They supply telecommunication service providers with the necessary towers, enclosures (such as shelters and cabinets), and other supporting equipment for in...[Read more]
Industry
Telecommunications Services
IPO Date
2021-01-19
Stock Exchange
OTC
Ticker
CTOWY
According to China Tower Corporation Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.29. This represents a change of 116.94% compared to the average of 0.60 of the last 4 quarters.
The mean historical Current Ratio of China Tower Corporation Limited over the last ten years is 0.66. The current 1.29 Current Ratio has changed 19.62% with respect to the historical average. Over the past ten years (40 quarters), CTOWY's Current Ratio was at its highest in in the March 2024 quarter at 1.45. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
0.66
Median
0.52
Minimum
0.20
Maximum
1.29
Discovering the peaks and valleys of China Tower Corporation Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 60.10%
Maximum Annual Current Ratio = 1.29
Minimum Annual Increase = -70.72%
Minimum Annual Current Ratio = 0.20
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.29 | 7.17% |
| 2024 | 1.21 | -1.31% |
| 2023 | 1.22 | 60.10% |
| 2022 | 0.76 | 20.21% |
| 2021 | 0.63 | 56.63% |
| 2020 | 0.41 | 26.86% |
| 2019 | 0.32 | 15.26% |
| 2018 | 0.28 | 36.24% |
| 2017 | 0.20 | -11.80% |
| 2016 | 0.23 | -70.72% |
The current Current Ratio of China Tower Corporation Limited (CTOWY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.24
5-year avg
1.02
10-year avg
0.66
China Tower Corporation Limited’s Current Ratio is greater than Advanced Info Service Public Company Limited (0.89), greater than Shaw Communications Inc. (0.86), greater than BCE Inc. (0.66), greater than Telekom Malaysia Berhad (1.02), less than Intouch Holdings Public Company Limited (7.78), greater than Celcomdigi Berhad (0.66), greater than NAVER Corporation (1.20), greater than Telefónica Deutschland Holding AG (0.50), greater than Hellenic Telecommunications Organization S.A. (0.73), less than O2 Czech Republic a.s. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.89 | $35.69B | |
| 0.86 | $14.71B | |
| 0.66 | $14.36B | |
| 1.02 | $6.98B | |
| 7.78 | $7.78B | |
| 0.66 | $8.80B | |
| 1.20 | $17.17B | |
| 0.50 | $6.99B | |
| 0.73 | $8.44B | |
| 0 | $3.73B |
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