China Mobile (0941) AI Stock Analysis

• Market Cap: HK$1.90T
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): 12.1
• Beta (1Y): 0.29
• Revenue Growth: 1.49%
• EPS Growth: 3.06%
• Country: HK
• Employees: N/A
• Sector: Technology
• Sector Strength: 88
• Industry: N/A
• EPS (TTM): N/A
• Shares Outstanding: 20,723,873,000
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: 2.46
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 1.48
• P/FCF Ratio: 9.65
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

No summary available

China Mobile Business Overview & Revenue Model

Company Description

China Mobile Limited is a leading telecommunications company in China, primarily engaged in providing mobile voice and data services. As one of the largest mobile network operators in the world, it operates in various sectors including telecommunications, information technology, and various value-added services. The company offers a range of products, including mobile communication services, broadband services, and other digital solutions aimed at enhancing connectivity and user experience.

How the Company Makes Money

China Mobile generates revenue primarily through its mobile communication services, which include voice calls, SMS, and data services. The company's revenue model is largely based on subscription fees from its vast customer base, which includes millions of individual and corporate clients. Key revenue streams also come from value-added services such as mobile internet services, cloud computing, and IoT solutions. Additionally, China Mobile has entered into significant partnerships with various technology and content providers, enhancing its service offerings and driving additional revenue through collaborations and joint ventures. The company also benefits from economies of scale due to its large subscriber base, which allows it to optimize operational costs and increase profitability.

China Mobile Financial Statement Overview

Summary

China Mobile demonstrates strong profitability and a stable financial position, with low leverage and effective equity utilization. However, the recent decline in revenue growth and free cash flow growth are areas of concern that need to be addressed. The company maintains healthy margins and a solid balance sheet, positioning it well in the telecommunications industry, but it should focus on reversing the negative growth trends to sustain its financial health.

Income Statement

China Mobile's income statement shows a strong net profit margin of 13.72% for TTM, indicating solid profitability. However, the revenue growth rate has declined by 0.40% in the TTM period, which is a concern. The gross profit margin has decreased slightly from 28.99% in 2024 to 26.67% in TTM, reflecting some pressure on cost management. Overall, the company maintains healthy EBIT and EBITDA margins, but the recent revenue decline needs attention.

Balance Sheet

The balance sheet of China Mobile is robust, with a low debt-to-equity ratio of 0.066, indicating prudent leverage management. The return on equity is strong at 10.41%, showcasing effective use of shareholder funds. The equity ratio stands at 66.65%, reflecting a solid capital structure with significant equity backing. Overall, the balance sheet is stable and well-managed.

Cash Flow

China Mobile's cash flow statement reveals a decline in free cash flow growth by 16.73% in the TTM period, which is a concern. The operating cash flow to net income ratio is 0.44, indicating moderate cash generation relative to net income. The free cash flow to net income ratio is 0.41, suggesting a reasonable conversion of earnings into free cash flow. While cash flow generation remains adequate, the decline in free cash flow growth warrants attention.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.04T	1.04T	1.01T	937.26B	848.26B	768.07B
Gross Profit	305.15B	301.77B	284.70B	260.16B	244.07B	394.15B
EBITDA	302.23B	293.88B	346.48B	336.88B	313.23B	260.67B
Net Income	142.41B	138.37B	131.77B	125.46B	115.94B	107.84B
Balance Sheet
Total Assets	2.09T	2.07T	1.99T	1.90T	1.84T	1.73T
Cash, Cash Equivalents and Short-Term Investments	335.95B	395.47B	363.92B	331.79B	499.87B	488.44B
Total Debt	91.93B	88.44B	102.93B	112.66B	56.98B	66.63B
Total Liabilities	693.55B	711.59B	646.67B	634.12B	631.03B	575.11B
Stockholders Equity	1.39T	1.36T	1.34T	1.26T	1.21T	1.15T
Cash Flow
Free Cash Flow	110.14B	159.76B	122.52B	91.16B	107.45B	117.31B
Operating Cash Flow	268.20B	315.74B	303.78B	280.75B	314.76B	307.76B
Investing Cash Flow	-233.96B	-185.19B	-205.70B	-238.05B	-238.30B	-188.11B
Financing Cash Flow	-71.78B	-105.17B	-123.84B	-120.51B	-45.20B	-82.25B

China Mobile Technical Analysis

• Last Price: ―

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0941, the sentiment is undefined. The current price of undefined is equal to the 20-day moving average (MA) of ―, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a undefined sentiment for HK:0941.

China Mobile Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0728	76 Outperform	€649.91B	13.81	7.66%	5.02%	0.53%	5.28%
1883	73 Outperform	HK$9.51B	10.38	8.67%	7.32%	-0.62%	-5.10%
0788	73 Outperform	$184.72B	16.35	5.62%	4.03%	3.24%	8.66%
6823	72 Outperform	$87.02B	16.89	14.75%	2.88%	2.33%	2.41%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
0008	49 Neutral	HK$42.86B	-151.37	―	1.63%	4.26%	36.68%

China Mobile Corporate Events

China Mobile Converts SPD Bank Bonds to Strengthen Investment

China Mobile Limited announced that Guangdong Mobile, a subsidiary, has converted SPD Bank A-Shares Convertible Bonds into approximately 29,256 SPD Bank A-Shares. This transaction, considered a discloseable transaction under Hong Kong Listing Rules, allows Guangdong Mobile to acquire shares at a market-comparable price, enhancing SPD Bank’s capital strength and enabling China Mobile to benefit from SPD Bank’s operational results. The conversion is part of a series of transactions within the last 12 months, reflecting China Mobile’s strategic investment in SPD Bank.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile Increases Stake in SPD Bank Through Bond Conversion

China Mobile Limited announced that Guangdong Mobile, a subsidiary, has converted SPD Bank A-Shares Convertible Bonds into approximately 118,611,350 SPD Bank A-Shares. This transaction, valued at RMB1,483,828,000, increases China Mobile’s stake in SPD Bank from 17.88% to 18.18%. The conversion is part of a strategy to acquire shares at market-comparable prices, enhancing SPD Bank’s capital strength and allowing China Mobile to benefit from the bank’s performance. The transaction is classified as a discloseable transaction under Hong Kong Listing Rules, requiring notification and announcement.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile Reports Steady Growth in 2025 Q3 Results

China Mobile Limited reported its unaudited financial results for the first three quarters of 2025, showing a slight increase in operating revenue to RMB794.7 billion, with telecommunications services revenue rising by 0.8% year-on-year. The company also saw a 4.0% increase in profit attributable to equity shareholders, reaching RMB115.4 billion. The number of mobile customers grew to 1,009 million, with 622 million being 5G network customers, highlighting the company’s continued expansion in the 5G sector. Additionally, wireline broadband customers increased to 329 million, reflecting growth in its broadband business.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile Reports Steady Growth in Q3 2025 Customer Statistics

China Mobile Limited reported its customer statistics for the third quarter of 2025, highlighting a total of 1,008,874 mobile customers, with 3,996 net additions during the quarter. The company also noted a significant presence in the 5G network with 622,353 customers. In the wireline broadband segment, the company saw 328,766 total customers, with 5,537 net additions for the quarter. These statistics, while unaudited, indicate a steady growth in both mobile and broadband sectors, reinforcing China Mobile’s strong market position.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile Increases Stake in SPD Bank Through Bond Conversion

China Mobile Limited announced that Guangdong Mobile, a subsidiary, has converted SPD Bank A-Shares Convertible Bonds into approximately 149.8 million SPD Bank A-Shares, increasing its stake in SPD Bank to about 18.15%. This conversion is part of a strategy to acquire shares at market-comparable prices, strengthen SPD Bank’s capital, and enhance the group’s ability to benefit from SPD Bank’s performance. The transaction is classified as a discloseable transaction under Hong Kong Listing Rules, requiring notification and announcement due to its size.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile Increases Stake in SPD Bank Through Bond Conversion

China Mobile Limited has announced that its subsidiary, Guangdong Mobile, has converted SPD Bank A-Shares Convertible Bonds into 450,156,195 SPD Bank A-Shares, worth approximately RMB5.63 billion. This transaction increases China Mobile’s stake in SPD Bank from 17.00% to 18.18% and is considered a discloseable transaction under Hong Kong Listing Rules. The conversion is expected to benefit both parties, allowing Guangdong Mobile to acquire shares at market price while helping SPD Bank strengthen its capital base. The converted shares are subject to a five-year holding period.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile Announces Interim Dividend and Tax Withholding for 2025

China Mobile Limited announced the closure of its register of members for Hong Kong shares from September 3 to September 5, 2025, to determine the entitlement for an interim dividend of HK$2.75 per share for the first half of 2025. The company will withhold a 10% enterprise income tax on this dividend for non-resident enterprise shareholders, in compliance with Chinese tax laws, impacting the net dividend received by these shareholders.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$85.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile Reports Steady Growth in 2025 Interim Results

China Mobile Limited reported its 2025 interim results, showing a modest growth in telecommunications services revenue by 0.7% year-on-year, reaching RMB467.0 billion. The company has achieved a 5.0% increase in profit attributable to equity shareholders and declared an interim dividend increase of 5.8%. With a strategic focus on digital intelligence transformation, China Mobile has expanded its customer base to over 1 billion mobile users, including 599 million 5G network customers, and 323 million wireline broadband customers. The company’s efforts in business transformation and innovation have contributed to a 6.6% increase in digital transformation revenue, indicating a strong move towards enhancing development quality and operational excellence.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$85.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile Announces Interim Dividend for First Half of 2025

China Mobile Limited has announced an interim cash dividend of HKD 2.75 per share for the first half of 2025, payable on September 17, 2025. The company will withhold a 10% enterprise income tax on dividends distributed to non-resident enterprise shareholders, in compliance with Chinese tax laws. This announcement reflects the company’s ongoing commitment to returning value to its shareholders while adhering to regulatory requirements.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$85.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile Reports Q2 2025 Customer Growth

China Mobile Limited reported its customer statistics for the second quarter of 2025, revealing a total of over 1 million mobile customers and 323,229 wireline broadband customers. The company added 1,499 new mobile customers and 3,181 new wireline broadband customers during the quarter, with a notable growth in its 5G network customer base reaching 599,313. These statistics, although unaudited, indicate a steady expansion in both mobile and broadband sectors, potentially strengthening China Mobile’s market position.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$85.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.

China Mobile to Announce Interim Results and Dividend Decision

China Mobile Limited has announced that its Board of Directors will hold a meeting on August 7, 2025, to approve the interim results for the first half of the year and consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and the company’s market positioning.

The most recent analyst rating on (HK:0941) stock is a Buy with a HK$85.00 price target. To see the full list of analyst forecasts on China Mobile stock, see the HK:0941 Stock Forecast page.