Stock Analysis

China Mobile Third Quarter 2024 Earnings: EPS: CN¥1.43 (vs CN¥1.38 in 3Q 2023)

SEHK:941
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China Mobile (HKG:941) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥244.7b (flat on 3Q 2023).
  • Net income: CN¥30.7b (up 4.6% from 3Q 2023).
  • Profit margin: 13% (in line with 3Q 2023).
  • EPS: CN¥1.43 (up from CN¥1.38 in 3Q 2023).
earnings-and-revenue-growth
SEHK:941 Earnings and Revenue Growth October 22nd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

China Mobile Earnings Insights

Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Wireless Telecom industry in Asia.

Performance of the market in Hong Kong.

The company's shares are down 1.2% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of China Mobile's balance sheet and an in-depth analysis of the company's financial position.

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