Executive Summary
China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, good value and pays a dividend.
Similar Companies
Share Price & News
How has China Mobile's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 941 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.0%
941
2.6%
HK Wireless Telecom
5.8%
HK Market
1 Year Return
-22.4%
941
-2.8%
HK Wireless Telecom
-4.0%
HK Market
Return vs Industry: 941 underperformed the Hong Kong Wireless Telecom industry which returned -2.8% over the past year.
Return vs Market: 941 underperformed the Hong Kong Market which returned -4% over the past year.
Shareholder returns
| 941 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 2.6% | 5.8% |
| 30 Day | -7.5% | -0.4% | 4.0% |
| 90 Day | -9.7% | -0.8% | -2.6% |
| 1 Year | -18.0%-22.4% | 0.9%-2.8% | -0.6%-4.0% |
| 3 Year | -22.4%-34.9% | 0.4%-12.4% | 1.3%-9.2% |
| 5 Year | -31.9%-46.3% | -6.4%-23.4% | -9.2%-23.5% |
Price Volatility Vs. Market
How volatile is China Mobile's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Dividend Investors: Don't Be Too Quick To Buy China Mobile Limited (HKG:941) For Its Upcoming Dividend3 weeks ago | Simply Wall St
Do Investors Have Good Reason To Be Wary Of China Mobile Limited's (HKG:941) 5.4% Dividend Yield?1 month ago | Simply Wall St
Analysts Have Made A Financial Statement On China Mobile Limited's (HKG:941) First-Quarter ReportValuation
Is China Mobile undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 941 (HK$54.65) is trading below our estimate of fair value (HK$202.86)
Significantly Below Fair Value: 941 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 941 is good value based on its PE Ratio (9.6x) compared to the Wireless Telecom industry average (14.4x).
PE vs Market: 941 is poor value based on its PE Ratio (9.6x) compared to the Hong Kong market (9.5x).
Price to Earnings Growth Ratio
PEG Ratio: 941 is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: 941 is good value based on its PB Ratio (0.9x) compared to the XA Wireless Telecom industry average (1.7x).
Next Steps
Future Growth
How is China Mobile forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
3.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 941's forecast earnings growth (3.8% per year) is above the savings rate (1.6%).
Earnings vs Market: 941's earnings (3.8% per year) are forecast to grow slower than the Hong Kong market (17.1% per year).
High Growth Earnings: 941's earnings are forecast to grow, but not significantly.
Revenue vs Market: 941's revenue (4.1% per year) is forecast to grow slower than the Hong Kong market (10.6% per year).
High Growth Revenue: 941's revenue (4.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 941's Return on Equity is forecast to be low in 3 years time (9.8%).
Next Steps
Past Performance
How has China Mobile performed over the past 5 years?
0.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 941 has high quality earnings.
Growing Profit Margin: 941's current net profit margins (14.3%) are lower than last year (15.7%).
Past Earnings Growth Analysis
Earnings Trend: 941's earnings have grown by 0.4% per year over the past 5 years.
Accelerating Growth: 941's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 941 had negative earnings growth (-7.9%) over the past year, making it difficult to compare to the Wireless Telecom industry average (1.6%).
Return on Equity
High ROE: 941's Return on Equity (9.6%) is considered low.
Next Steps
Financial Health
How is China Mobile's financial position?
Financial Position Analysis
Short Term Liabilities: 941's short term assets (CN¥529.9B) exceed its short term liabilities (CN¥462.1B).
Long Term Liabilities: 941's short term assets (CN¥529.9B) exceed its long term liabilities (CN¥59.9B).
Debt to Equity History and Analysis
Debt Level: 941 is debt free.
Reducing Debt: 941 has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Debt Coverage: 941 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 941 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is China Mobile's current dividend yield, its reliability and sustainability?
5.78%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 941's dividend (5.78%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.43%).
High Dividend: 941's dividend (5.78%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.03%).
Stability and Growth of Payments
Stable Dividend: 941's dividend payments have been volatile in the past 10 years.
Growing Dividend: 941's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.5%), 941's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 941's dividends in 3 years are forecast to be covered by earnings (58.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
China Mobile has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.25yrs | CN¥630.00k | no data | |
| VP, CFO & Executive Director | 3.25yrs | CN¥1.66m | no data | |
| Executive Director | 0.67yr | CN¥578.00k | no data | |
| Company Secretary | 15.08yrs | no data | no data | |
| Chairman of China Mobile International Ltd and CEO of China Mobile International Ltd | no data | no data | no data |
2.3yrs
Average Tenure
56yo
Average Age
Experienced Management: 941's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 1.25yrs | CN¥630.00k | no data | |
| VP, CFO & Executive Director | 3.25yrs | CN¥1.66m | no data | |
| Executive Director | 0.67yr | CN¥578.00k | no data | |
| Chairman of China Mobile International Ltd and CEO of China Mobile International Ltd | no data | no data | no data | |
| Independent Non-Executive Director | 17.25yrs | CN¥460.00k | 0.0015% CN¥16.4m | |
| Independent Non Executive Director | 7.08yrs | CN¥455.00k | no data | |
| Independent Non-Executive Director | 3.25yrs | CN¥470.00k | no data | |
| Independent Non-Executive Director | 2.08yrs | no data | no data |
3.3yrs
Average Tenure
57yo
Average Age
Experienced Board: 941's board of directors are considered experienced (3.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
China Mobile Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Mobile Limited
- Ticker: 941
- Exchange: SEHK
- Founded: 1997
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: HK$1.119t
- Shares outstanding: 20.48b
- Website: https://www.chinamobileltd.com
Number of Employees
Location
- China Mobile Limited
- The Center
- 60th Floor
- Hong Kong
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CHL | NYSE (New York Stock Exchange) | SPONSORED ADR | US | USD | Oct 1997 | |
| CHL N | BMV (Bolsa Mexicana de Valores) | SPONSORED ADR | MX | MXN | Oct 1997 | |
| CTMA | DB (Deutsche Boerse AG) | SPONSORED ADR | DE | EUR | Oct 1997 | |
| K3PD | SGX (Singapore Exchange) | SPONSORED ADR | SG | USD | Oct 1997 | |
| 0HX8 | LSE (London Stock Exchange) | SPONSORED ADR | GB | USD | Oct 1997 | |
| CHLK.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 1997 |
| 941 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Oct 1997 |
| CTM | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 1997 |
| 941 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Oct 1997 |
| CHT | SWX (SIX Swiss Exchange) | Yes | Ordinary Shares | CH | CHF | Oct 1997 |
| 941 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Oct 1997 |
Biography
China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong. The company offers local calls; domestic and international long distance calls and roaming services; and value-added services, such as caller identity display, call waiting, conference calls, and others. It also provides wireless Internet service, as well as digital applications comprising music, video, reading, gaming, and animation; wireline broadband services; and wireline voice services. In addition, it offers dedicated line and IDC services to corporate customers in a range of industry sectors; and basic corporate communication products comprising corporate VPMN and SMS, and tailor made solutions. Further, the company provides international telecommunications services, which includes IDD, roaming, Internet, MNC, and value added business services. Additionally, it offers telecommunications network planning, design, and consulting services; roaming clearance, IT system operation, and technology support services; value-added platform development and maintenance services; mobile data, and system integration and development services; network construction and maintenance, network planning and optimizing, and training services; electronic communication products design and sale of related products; and non-banking financial services. It also provides mobile cloud research and development services; call center services; e-payment, e-commerce, and Internet finance services; and mobile Internet digital content services, as well as operates a network and business coordination center. The company serves 950 million mobile customers and 187 million wireline broadband customers. The company was formerly known as China Mobile (Hong Kong) Limited and changed its name to China Mobile Limited in May 2006. The company was incorporated in 1997 and is based in Central, Hong Kong. China Mobile Limited is a subsidiary of China Mobile Hong Kong (BVI) Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 12:53 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.