Executive Summary
China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong.
Snowflake
Fundamentals
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
Market Performance
7 Day Return
2.2%
941
2.5%
HK Wireless Telecom
2.9%
HK Market
1 Year Return
-13.3%
941
-4.9%
HK Wireless Telecom
0.7%
HK Market
Return vs Industry: 941 underperformed the Hong Kong Wireless Telecom industry which returned -4.9% over the past year.
Return vs Market: 941 underperformed the Hong Kong Market which returned 0.7% over the past year.
Shareholder returns
| 941 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.2% | 2.5% | 2.9% |
| 30 Day | -1.6% | -0.2% | -2.5% |
| 90 Day | -6.3% | -4.3% | -5.4% |
| 1 Year | -9.5%-13.3% | 0.7%-4.9% | 4.4%0.7% |
| 3 Year | -15.5%-27.9% | -2.8%-16.7% | 17.0%5.2% |
| 5 Year | -11.0%-28.5% | -13.1%-30.6% | 20.2%0.2% |
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
1 week ago | Simply Wall St
Do Directors Own China Mobile Limited (HKG:941) Shares?3 weeks ago | Simply Wall St
China Mobile Limited (HKG:941) Delivered A Weaker ROE Than Its Industry1 month ago | Simply Wall St
Is It Too Late To Consider Buying China Mobile Limited (HKG:941)?Valuation
Is China Mobile undervalued compared to its fair value and its price relative to the market?
48.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 941 (HK$66.4) is trading below our estimate of fair value (HK$127.78)
Significantly Undervalued: 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 (11.4x) compared to the Wireless Telecom industry average (13.8x).
PE vs Market: 941 is poor value based on its PE Ratio (11.4x) compared to the Hong Kong market (10.4x).
Price to Earnings Growth Ratio
Low PEG Ratio: 941 is poor value based on its PEG Ratio (4.5x)
Price to Book Ratio
PB vs Industry: 941 is good value based on its PB Ratio (1.1x) 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?
2.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 941's forecast earnings growth (2.5% per year) is above the savings rate (2%).
Earnings vs Market: 941's earnings (2.5% per year) are forecast to grow slower than the Hong Kong market (11.1% per year).
High Growth Earnings: 941's earnings are forecast to grow, but not significantly.
Revenue vs Market: 941's revenue (3.3% per year) is forecast to grow slower than the Hong Kong market (10.1% per year).
High Growth Revenue: 941's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: 941's Return on Equity is forecast to be low in 3 years time (9.4%).
Next Steps
Past Performance
How has China Mobile performed over the past 5 years?
1.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 941's earnings have grown by 1% 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 (-7.7%) over the past year, making it difficult to compare to the Wireless Telecom industry average (-3%).
Return on Equity
High ROE: 941's Return on Equity (10%) is considered low.
Return on Assets
ROA vs Industry: 941's Return on Assets is below or equal to the Wireless Telecom industry average last year.
Return on Capital Employed
ROCE Improving: 941's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is China Mobile's financial position?
Financial Position Analysis
Short Term Liabilities: 941's short term assets (CN¥558.6B) exceeds its short term liabilities (CN¥501.8B)
Long Term Liabilities: 941's short term assets (558.6B) exceeds its long term liabilities (62.8B)
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 0.6%.
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
Inventory Level: 941 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 941's debt is covered by short term assets.
Next Steps
Dividend
What is China Mobile's current dividend yield, its reliability and sustainability?
4.35%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 941's dividend (4.35%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 941's dividend (4.35%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.29%).
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 reasonably low payout ratio (48.5%), 941's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 941's dividends in 3 years are forecast to be covered by earnings (52.7% payout ratio).
Next Steps
Management
What is the CEO of China Mobile's salary, the management and board of directors tenure and is there insider trading?
2.6yrs
Average board tenure
CEO
China Mobile has no CEO, or we have no data on them.
Board Age and Tenure
2.6yrs
Average Tenure
57.5yo
Average Age
Experienced Board: 941's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Jie Yang (56yo)
Executive Chairman
- Tenure: 0.6yrs
Grace Wong
Company Secretary
- Tenure: 14.4yrs
Tiger Lin
Chairman of China Mobile International Ltd and CEO of China Mobile International Ltd
- Tenure: 0yrs
Xin Dong (52yo)
VP, CFO & Executive Director
- Tenure: 2.6yrs
- Compensation: CN¥1.05m
Board Members
Moses Cheng (69yo)
Independent Non-Executive Director
- Tenure: 16.6yrs
- Compensation: CN¥460.00k
Paul Chow (73yo)
Independent Non Executive Director
- Tenure: 6.4yrs
- Compensation: CN¥455.00k
Jie Yang (56yo)
Executive Chairman
- Tenure: 0.6yrs
Tiger Lin
Chairman of China Mobile International Ltd and CEO of China Mobile International Ltd
- Tenure: 0yrs
Xin Dong (52yo)
VP, CFO & Executive Director
- Tenure: 2.6yrs
- Compensation: CN¥1.05m
Stephen Yiu (58yo)
Independent Non-Executive Director
- Tenure: 2.6yrs
- Compensation: CN¥417.00k
Qiang Yang (57yo)
Independent Non-Executive Director
- Tenure: 1.4yrs
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$1.364t
- Shares outstanding: 20.48b
- Website: https://www.chinamobileltd.com
Number of Employees
Location
- China Mobile Limited
- The Center
- 60th Floor
- Central
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CHL | NYSE (New York Stock Exchange) | SPON ADR REP 5 ORD HKD0.10 | US | USD | Oct 1997 | |
| CHL N | BMV (Bolsa Mexicana de Valores) | SPON ADR REP 5 ORD HKD0.10 | MX | MXN | Oct 1997 | |
| CTMA | DB (Deutsche Boerse AG) | SPON ADR REP 5 ORD HKD0.10 | DE | EUR | Oct 1997 | |
| 0HX8 | LSE (London Stock Exchange) | SPON ADR REP 5 ORD HKD0.10 | 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 serv ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:37 |
| End of Day Share Price | 2019/10/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.