China Mobile Limited (HK:0941)
:0941
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China Mobile
(0941)
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Rating:67Neutral
Price Target:
HK$92.00
▲(14.93% Upside)
Action:DowngradedDate:12/18/25
China Mobile's overall stock score of 67 is primarily driven by strong financial performance, with high profitability and a stable balance sheet. A reasonable valuation with an attractive dividend yield further supports the score. However, bearish technical indicators, including negative momentum and trading below key moving averages, weigh on the outlook.
China Mobile (0941) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.75T
Dividend Yield6%
Average Volume (3M)18.19M
Price to Earnings (P/E)11.9
Beta (1Y)0.29
Revenue Growth1.49%
EPS Growth3.06%
CountryHK
Employees455,405
SectorCommunication Services
Sector Strength97
IndustryTelecommunications Services
Share Statistics
EPS (TTM)2.49
Shares Outstanding20,751,158,000
10 Day Avg. Volume16,962,815
30 Day Avg. Volume18,190,442
Financial Highlights & Ratios
PEG Ratio2.46
Price to Book (P/B)1.14
Price to Sales (P/S)1.48
P/FCF Ratio9.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$95.40Price Target Upside19.18% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)6.42
Revenue Forecast (FY)HK$1.06T
China Mobile Business Overview & Revenue Model
Company Description
China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong. Its businesses primarily consist of mobile voice and data business, broadband, and other services. As of December 31, 2021, the company s...
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 mi...
China Mobile Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
70
Positive
| 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 | 294.02B | 301.77B | 284.70B | 260.16B | 244.07B | 394.15B |
| EBITDA | 309.85B | 293.88B | 346.48B | 336.88B | 313.23B | 260.67B |
| Net Income | 142.84B | 138.37B | 131.77B | 125.46B | 115.94B | 107.84B |
Balance Sheet | ||||||
| Total Assets | 2.11T | 2.07T | 1.99T | 1.90T | 1.84T | 1.73T |
| Cash, Cash Equivalents and Short-Term Investments | 311.51B | 395.47B | 363.92B | 331.79B | 499.87B | 488.44B |
| Total Debt | 99.11B | 88.44B | 102.93B | 112.66B | 56.98B | 66.63B |
| Total Liabilities | 704.15B | 711.59B | 646.67B | 634.12B | 631.03B | 575.11B |
| Stockholders Equity | 1.40T | 1.36T | 1.34T | 1.26T | 1.21T | 1.15T |
Cash Flow | ||||||
| Free Cash Flow | 102.16B | 159.76B | 122.52B | 91.16B | 107.45B | 117.31B |
| Operating Cash Flow | 258.36B | 315.74B | 303.78B | 280.75B | 314.76B | 307.76B |
| Investing Cash Flow | -206.87B | -185.19B | -205.70B | -238.05B | -238.30B | -188.11B |
| Financing Cash Flow | -75.75B | -105.17B | -123.84B | -120.51B | -45.20B | -82.25B |
China Mobile Technical Analysis
80.05
Price Trends
Market Momentum
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 80.05 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
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | HK$176.35B | 16.02 | 5.60% | 4.03% | 3.24% | 8.66% | |
68 Neutral | HK$570.80B | 13.70 | 7.19% | 5.40% | 0.53% | 5.28% | |
67 Neutral | HK$1.75T | 11.87 | 10.31% | 6.00% | 1.49% | 3.06% | |
67 Neutral | HK$93.19B | 16.50 | 14.46% | 2.86% | 2.33% | 2.41% | |
65 Neutral | HK$10.14B | 9.94 | 8.45% | 7.46% | -0.62% | -5.10% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
49 Neutral | HK$45.60B | -1,547.01 | -2.39% | 1.68% | 4.26% | 36.68% |
* Communication Services Sector Average
HK:0941
China Mobile
80.05
5.85
7.89%
HK:0788
China Tower
10.75
0.93
9.47%
HK:1883
CITIC Telecom International Holdings
2.74
0.74
36.66%
HK:0728
China Telecom
4.88
-0.47
-8.73%
HK:6823
HKT and HKT
12.29
2.49
25.46%
HK:0008
PCCW Limited
5.89
1.49
33.86%
China Mobile Corporate Events
China Mobile Renews 2026 Connected Transaction Agreements With Parent CMCC
Jan 1, 2026
China Mobile has signed a series of one-year agreements with its ultimate controlling shareholder, China Mobile Communications Corporation (CMCC), effective 1 January 2026, to continue governing connected transactions for telecommunication facilit...
China Mobile Names Veteran Telecoms Executive Chen Zhongyue as New Chairman
Dec 22, 2025
China Mobile has announced a leadership transition, with long-serving executive director and chairman Yang Jie stepping down from both roles effective 22 December 2025 due to age, with the board noting there is no disagreement and formally express...
China Mobile Outlines Board Line-up and Key Governance Committees
Dec 22, 2025
China Mobile Limited has announced the current composition of its board of directors, led by Chairman Chen Zhongyue and Chief Executive Officer He Biao, alongside executive director and CFO Li Ronghua and three independent non-executive directors....
China Mobile Extends Key Agreements with CMCC for 2026
Nov 20, 2025
China Mobile Limited has announced the approval of new agreements with its controlling shareholder, CMCC, to continue their connected transactions for another year, until December 31, 2026. These agreements cover telecommunication facilities const...
Leadership Change at China Mobile’s Parent Company
Oct 29, 2025
China Mobile Limited announced a change in leadership at its parent company, China Mobile Communications Group Co., Ltd., with Mr. Chen Zhongyue appointed as the new Chairman, replacing Mr. Yang Jie. This leadership transition may influence the co...
China Mobile Converts SPD Bank Bonds to Strengthen Investment
Oct 27, 2025
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 Rule...
China Mobile Increases Stake in SPD Bank Through Bond Conversion
Oct 24, 2025
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 st...
China Mobile Reports Steady Growth in 2025 Q3 Results
Oct 20, 2025
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 compa...
China Mobile Reports Steady Growth in Q3 2025 Customer Statistics
Oct 20, 2025
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 w...
China Mobile Increases Stake in SPD Bank Through Bond Conversion
Oct 17, 2025
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 ...
China Mobile Increases Stake in SPD Bank Through Bond Conversion
Oct 13, 2025
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 st...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.