Asia300

China Mobile Ltd.

Hong Kong

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Nov 17, 2017
Prev close: 78.15
Nov 17, 2017
Market cap:
Market cap(USD):
1,600.15B
204,887.23M
Shares: 20,475.48M

Currency in HKD

Company profile

Market(Ticker): HKG(941)
Sector:
Industry:
Communications
Wireless Telecommunications
Full time employees: 460,647

Business summary

China Mobile Ltd. operates as an investment holding company, which through its subsidiaries provides telecommunications services in Mainland China. The company was founded on September 3, 1997 and is headquartered in Hong Kong.

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.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 827,732.21M
Gross profit 399,780.23M
Operating income 146,197.19M
Income before tax 168,792.07M
Net income 127,054.99M
EBITDA 308,127.15M
Diluted EPS 6.20
Dividends per share 2.73
Total assets 1,696.88B
Total liabilities 601,170.06M
Total equity 1,092.23B
Operating cash flow 314,625.89M

Currency in HKD

Revenue 106,632.75M
Gross profit 51,501.76M
Operating income 18,833.88M
Income before tax 21,744.67M
Net income 16,367.88M
EBITDA 39,694.53M
Diluted EPS 0.79
Dividends per share 0.35
Total assets 218,863.79M
Total liabilities 77,538.81M
Total equity 140,876.46M
Operating cash flow 40,531.74M

Currency in USD

Valuation measures

Dec 2016

PER 13.24
ROA 7.47%
ROE 11.61%
Operating margin 17.66%
Profit margin 15.34%

Key executive

  • Chief Executive Officer & Executive Director: Yue Li
  • Chief Financial Officer, Executive Director & VP: Xin Dong
  • Executive Director & Vice President: Yue Jia Sha
  • General Manager-Finance Department: Min Zhu
  • Secretary: Wai Lan Wong

Share holders

  • China State-Owned Assets Supervision & Admn Commission(72.7%)
  • The Vanguard Group, Inc.(0.8%)
  • BlackRock Fund Advisors(0.6%)
  • Thornburg Investment Management, Inc.(0.3%)
  • State Street Global Advisors Asia Ltd.(0.3%)
  • Norges Bank Investment Management(0.3%)
  • Aberdeen Asset Managers Ltd.(0.2%)
  • The Caisse de depot et placement du Quebec(0.2%)
  • APG Asset Management NV(0.2%)
  • BlackRock Advisors (UK) Ltd.(0.2%)

Address

  • Website: http://www.chinamobileltd.com
  • Address: 60/F, The Center, 99 Queen's Road, Hong Kong, Hong Kong
  • Phone: +852.3121.8888

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