China Mobile Ltd.
- 69.70 HKD
- -0.65
- -0.92%
Hong Kong
Jul 15, 2019Ticker
HKG(941)Prev. close
70.35Market cap (HKD)
1,440.45BMarket cap (USD)
184,107.79MShares
20,475.48M
In the news
- Asian stocks gain amid better-than-expected China June data Jul 15, 2019
- Asian equities edge lower as investors weigh Fed move, Trump comments Jul 12, 2019
- Chinese 5G investment set to quicken with 1st licenses ready Jun 4, 2019
- China Mobile replaces chairman with China Telecom head Mar 5, 2019
- How China's state-backed companies fell behind May 23, 2018 See more articles on China Mobile Ltd.
Company Background
China Mobile is China's largest telecommunications company. It commands slightly more than 60% of the domestic mobile phone market, where some 1.3 billion people use handsets.
The company also boasts the largest number of subscribers in the world. Backed by its strong brand power and excellent name recognition, China Mobile far eclipses such rivals as China Telecom and China Unicom in scale.
Its parent company is state-owned behemoth China Mobile Communications Corp., which was created in 2000 by spinning off the mobile telecommunications division of the former posts and telecommunications ministry. China Mobile, a core unit of CMCC, is listed on the domestic stock market. Slightly more than 70% of its outstanding shares are owned by the asset-management arm of CMCC.
Because it is a large state-owned company, China Mobile acts in step with government policy. In late 2013, it was the first company in China to introduce the TD-LTE fourth-generation mobile communications format, developed mainly by local companies. China Mobile is leading the efforts to promote the standard at home, spending huge sums to set up new base stations and introduce handsets compatible with the 4G service.
An important issue facing China Mobile is how to deal with the expected slowdown in the home market, which is thought to be near saturation. The company is therefore targeting overseas markets, and has invested in a major telecommunications unit of Thai conglomerate Charoen Pokphand Group. China Mobile is trying to promote the TD-LTE format abroad by allying with local telecommunications equipment makers.
Business Summary
Financial Highlights
| Dec 2018 | HKD | USD |
| Revenue | 872,728.12M | 111,352.22M |
| Gross Profit | 419,691.09M | 53,548.79M |
| Operating income | 145,267.34M | 18,534.80M |
| Income before tax | 182,281.53M | 23,257.47M |
| Net income | 139,506.16M | 17,799.72M |
| EBITDA | 327,855.65M | 41,831.42M |
| Diluted EPS | 6.81 | 0.86 |
| Dividends Per Share | 3.21 | 0.41 |
| Total Assets | 1,751.48B | 223,707.71M |
| Total liabilities | 547,486.60M | 69,927.46M |
| Total equity | 1,200.11B | 153,284.44M |
| Operating cash flow | 258,815.01M | 33,022.45M |
| Currency in HKD | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 819,943.29M | 824,378.30M | 827,732.21M | 853,876.98M | 872,728.12M |
| Gross Profit | 433,396.02M | 400,623.41M | 399,780.23M | 418,501.35M | 419,691.09M |
| Operating income | 152,654.59M | 136,339.08M | 146,197.19M | 153,045.76M | 145,267.34M |
| Income before tax | 179,368.14M | 177,293.11M | 168,792.07M | 170,814.83M | 182,281.53M |
| Net income | 137,454.07M | 133,880.75M | 127,054.99M | 131,773.61M | 139,506.16M |
| EBITDA | 307,349.26M | 305,456.68M | 308,127.15M | 326,348.95M | 327,855.65M |
| Diluted EPS | 6.73 | 6.53 | 6.20 | 6.43 | 6.81 |
| Dividends Per Share | 2.92 | 2.72 | 2.73 | 3.20 | 3.21 |
| Total Assets | 1,685.01B | 1,704.20B | 1,696.88B | 1,827.21B | 1,751.48B |
| Total liabilities | 573,803.90M | 605,736.47M | 601,170.06M | 640,115.86M | 547,486.60M |
| Total equity | 1,108.62B | 1,094.84B | 1,092.23B | 1,183.20B | 1,200.11B |
| Operating cash flow | 293,170.67M | 312,261.79M | 314,625.89M | 301,322.36M | 258,815.01M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 105,735.25M | 106,336.08M | 106,632.75M | 109,572.31M | 111,352.22M |
| Gross Profit | 55,888.30M | 51,676.18M | 51,501.76M | 53,703.47M | 53,548.79M |
| Operating income | 19,685.47M | 17,586.30M | 18,833.88M | 19,639.33M | 18,534.80M |
| Income before tax | 23,130.30M | 22,868.93M | 21,744.67M | 21,919.52M | 23,257.47M |
| Net income | 17,725.30M | 17,269.20M | 16,367.88M | 16,909.62M | 17,799.72M |
| EBITDA | 39,634.02M | 39,400.68M | 39,694.53M | 41,878.17M | 41,831.42M |
| Diluted EPS | 0.86 | 0.84 | 0.79 | 0.82 | 0.86 |
| Dividends Per Share | 0.37 | 0.35 | 0.35 | 0.41 | 0.41 |
| Total Assets | 217,284.82M | 219,892.64M | 218,863.79M | 233,739.70M | 223,707.71M |
| Total liabilities | 73,992.91M | 78,158.02M | 77,538.81M | 81,884.51M | 69,927.46M |
| Total equity | 142,958.74M | 141,267.69M | 140,876.46M | 151,356.87M | 153,284.44M |
| Operating cash flow | 37,805.63M | 40,278.47M | 40,531.74M | 38,666.68M | 33,022.45M |
Valuation Measures
| Dec 2018 | |
| PER | 11.05 |
| ROA | 7.79% |
| ROE | 11.70% |
| Operating margin | 16.64% |
| Profit margin | 15.98% |
Key executives
- Chief Executive Officer & Executive Director: Yue Li
- Chief Financial Officer, Executive Director & VP: Xin Dong
- General Manager-Finance Department: Min Zhu
- Secretary: Wai Lan Wong
Shareholders
- China State-Owned Assets Supervision & Admn Commission (72.7%)
- The Vanguard Group, Inc. (0.9%)
- BlackRock Fund Advisors (0.8%)
- Norges Bank Investment Management (0.3%)
- The Caisse de depot et placement du Quebec (0.2%)
- BlackRock Japan Co., Ltd. (0.2%)
- FIL Investment Management (Hong Kong) Ltd. (0.2%)
- State Street Global Advisors Asia Ltd. (0.2%)
- Hang Seng Investment Management Ltd. (0.2%)
- Thornburg Investment Management, Inc. (0.2%)
Contact Details
- Website:http://www.chinamobileltd.com
- Address: 60th Floor, The Center, 99 Queen's Road Central, Hong Kong, Hong Kong
- Phone: +852.3121.8888
Related Companies
- China Mobile International (UK) Ltd.
- China Mobile Communications Group Fujian Co., Ltd.
- China Mobile International (USA), Inc.
- China Mobile International Ltd. (Hong Kong)
- China Mobile International Holdings Ltd.
- Jiangxi Mobile Communications Co., Ltd.
- Guizhou Mobile Communication Co., Ltd.
- China Mobile Communications Group Hebei Co. (Xingtai Branch)
- China Mobile Communications Group Hebei Co., (Chengde Branch)
- China Mobile Communications Group Jiangxi (Ganzhou Branch)
- China Mobile Group Terminal Co., Ltd.
- China Mobile Communications Group Jiangxi (Jiujiang Branch)
- China Mobile Communications Group Jiangxi /Nanchang Branch/
- China Mobile Group Fujian Co., Ltd. (Xiamen Branch)
- China Mobile Group Fujian Co., Ltd. (Quanzhou Branch)
- China Mobile Internet Co. Ltd.
- CM TieTong
- MIGU Co. Ltd.
- China Mobile Online Service Co. Ltd.
- China Mobile (Hangzhou) Information Technology Co. Ltd.
- China Mobile (Suzhou) Software Technology Co. Ltd.
- China Mobile M2m Co. Ltd.
- China Mobile Group Device Co., Ltd.
- Aspire Technologies (Shenzhen) Ltd.
- Aspire (BVI) Ltd.
- China Mobile Holding Co. Ltd.
- China Mobile Group Ningxia Co. Ltd.
- China Mobile Group Xizang Co. Ltd.
- China Mobile Group Guizhou Co. Ltd.
- China Mobile Communication Group Chongqing Co., Ltd.
Competitors
- China Unicom (Hong Kong) Limited
- China Telecom Corp. Ltd. Class H
- GDS Holdings Ltd. Sponsored ADR Class A
- Skyworth Digital Co., Ltd. Class A
- VEON Ltd. Sponsored ADR
Copyright © 2019 FactSet Research Systems Inc. All rights reserved.
Last Updated on 15 Jul, 2019