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China Mobile ( (HK:0941) ) has shared an update.
China Mobile reported mixed unaudited results for the first quarter of 2026, with operating revenue edging up 1.0% year-on-year to RMB266.5 billion, supported by a 12.7% rise in other business revenue despite a 1.1% decline in principal business revenue. Profit attributable to equity shareholders fell 4.2% to RMB29.3 billion and EBITDA declined 5.0% to RMB76.7 billion, compressing profitability metrics.
Operationally, the group continued to expand its user base, adding 3.76 million mobile customers to reach 1.009 billion and 3.90 million integrated broadband customers to total 333 million. Its 5G customer base climbed to 668 million and cellular IoT card connections grew by 22.33 million to 1.504 billion, underscoring strong scale in next-generation and enterprise connectivity even as margin pressure persists.
The most recent analyst rating on (HK:0941) stock is a Buy with a HK$98.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.
More about China Mobile
China Mobile Limited is a leading telecommunications operator in Mainland China and Hong Kong, providing mobile communications, integrated broadband, and cellular Internet-of-Things connectivity. The group focuses on large-scale consumer mobile services, fixed-line broadband for households and enterprises, and expanding IoT card connections as part of China’s digital infrastructure.
Average Trading Volume: 25,030,616
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1781.8B
For a thorough assessment of 0941 stock, go to TipRanks’ Stock Analysis page.