Stock Analysis
- Hong Kong
- /
- Wireless Telecom
- /
- SEHK:941
China Mobile Third Quarter 2024 Earnings: EPS: CN¥1.43 (vs CN¥1.38 in 3Q 2023)
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).
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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About SEHK:941
China Mobile
Provides telecommunications and information related services in Mainland China and Hong Kong.