China Mobile Past Earnings Performance

Past criteria checks 3/6

China Mobile has been growing earnings at an average annual rate of 5.2%, while the Wireless Telecom industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 7.6% per year. China Mobile's return on equity is 9.9%, and it has net margins of 13%.

Key information

5.2%

Earnings growth rate

4.6%

EPS growth rate

Wireless Telecom Industry Growth13.0%
Revenue growth rate7.6%
Return on equity9.9%
Net Margin13.0%
Next Earnings Update09 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How China Mobile makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BMV:941 N Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 241,022,270133,308123,01928,900
31 Dec 231,009,309131,766117,97228,711
30 Sep 23989,332132,433116,81421,477
30 Jun 23971,044131,357112,58719,604
31 Mar 23960,685127,902112,58918,566
31 Dec 22937,259125,459108,99118,091
30 Sep 22923,115127,507106,28417,779
30 Jun 22901,545127,094133,64922,579
31 Mar 22877,149117,505106,78716,198
31 Dec 21848,258115,937105,58915,577
30 Sep 21842,300113,205145,6219,513
30 Jun 21821,854111,19661,2140
31 Mar 21785,199108,39987,5111,718
31 Dec 20768,070107,84362,1750
30 Sep 20753,617106,44167,7560
30 Jun 20746,353106,34364,7760
31 Mar 20742,217106,44167,7560
31 Dec 19745,917106,64167,7560
30 Sep 19735,819104,581123,8980
30 Jun 19734,414108,20361,8090
31 Mar 19736,319115,681123,8980
31 Dec 18736,819117,78160,3260
30 Sep 18738,714117,179122,5730
30 Jun 18743,475117,24588,7140
31 Mar 18742,014115,279122,5730
31 Dec 17740,514114,279122,5730
30 Sep 17735,221112,741112,4520
30 Jun 17726,941110,844116,8540
31 Mar 17714,921109,641112,4520
31 Dec 16708,421108,741112,4520
30 Sep 16690,835111,23979,4830
30 Jun 16692,995111,775120,6820
31 Mar 16682,535108,63979,4830
31 Dec 15668,335108,539100,1510
30 Sep 15683,614111,13819,1380
30 Jun 15672,519108,81280,0490
31 Mar 15652,469104,14765,7440
31 Dec 14651,509109,21893,2110
30 Sep 14651,632112,762106,9740
30 Jun 14651,754116,306120,7360
31 Mar 14640,966118,999113,5810
31 Dec 13630,177121,692106,4260
30 Sep 13620,325125,946100,8460

Quality Earnings: 941 N has high quality earnings.

Growing Profit Margin: 941 N's current net profit margins (13%) are lower than last year (13.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 941 N's earnings have grown by 5.2% per year over the past 5 years.

Accelerating Growth: 941 N's earnings growth over the past year (4.2%) is below its 5-year average (5.2% per year).

Earnings vs Industry: 941 N earnings growth over the past year (4.2%) exceeded the Wireless Telecom industry -1.2%.


Return on Equity

High ROE: 941 N's Return on Equity (9.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/07/14 19:23
End of Day Share Price 2024/04/16 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

China Mobile Limited is covered by 68 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anand RamachandranBarclays
Alen LinBNP Paribas Securities (Asia)
Michael MengBOCI Research Ltd.