On March 17, China Telecom Corporation Limited(601728) released its first annual financial report since returning to a shares.
The report shows that China Telecom Corporation Limited(601728) operating revenue in 2021 was RMB 434.2 billion, with a year-on-year increase of 11.3%, including service revenue of RMB 402.8 billion, with a year-on-year increase of 7.8%, and net profit attributable to shareholders of the parent company was RMB 25.952 billion, with a year-on-year increase of 24.4%. The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 25.044 billion yuan, a year-on-year increase of 19.2%, and the basic earnings per share was 0.31 yuan. Capital expenditure was 86.7 billion yuan.
In terms of specific business, in 2021, China Telecom Corporation Limited(601728) mobile communication service revenue was 184.2 billion yuan, a year-on-year increase of 4.9%, mobile users reached 372 million, mobile user ARPU was 45 yuan, a year-on-year increase of 2.0%, and 5g package user penetration reached 50.4%.
In 2021, the revenue from fixed line and smart home services reached 113.5 billion yuan, a year-on-year increase of 4.1%, and there were nearly 170 million wired broadband users. In addition, the penetration rate of smart home business users such as whole house WiFi and Tianyi housekeeping increased rapidly, the income of smart home increased by 25.1% year-on-year, and the comprehensive ARPU of broadband reached 45.9 yuan, an increase of 3.4% year-on-year. Among them, in 2021, Tianyi cloud’s revenue doubled to 27.9 billion yuan and IDC’s revenue reached 31.6 billion yuan.
In terms of network construction, in 2021, China Telecom Corporation Limited(601728) and China United Network Communications Limited(600050) jointly built and shared more than 6900005g base stations, and 5g network covered all cities, counties and some developed townships and towns across the country. 4G network integration and resource sharing were continuously expanded, and the network quality and resource utilization efficiency were further improved. The accumulated network investment was saved by more than 210 billion yuan, and the annual network operation cost was saved by 20 billion yuan.
the profit distributed in cash in China Telecom Corporation Limited(601728) 2021 is 60% of the profit attributable to the shareholders of the company in this year, i.e. RMB 0.170 per share China Telecom Corporation Limited(601728) also said that it would declare an interim dividend from 2022 and gradually increase the annual profit distributed in cash to more than 70% of the profits of the company’s shareholders in the current year within three years after the issuance and listing of a shares.
