NYSE:CHL

Stock Analysis Report

Executive Summary

China Mobile Limited provides mobile telecommunications and related services in Mainland China and Hong Kong.

Snowflake

Fundamentals

Flawless balance sheet established dividend payer.


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

-4.1%

CHL

-0.4%

US Wireless Telecom

-0.6%

US Market


1 Year Return

-15.3%

CHL

5.3%

US Wireless Telecom

0.7%

US Market

CHL underperformed the Wireless Telecom industry which returned 5.2% over the past year.

CHL underperformed the Market in United States of America which returned 0.7% over the past year.


Share holder returns

CHLIndustryMarket
7 Day-4.1%-0.4%-0.6%
30 Day-1.5%3.3%4.9%
90 Day-8.8%0.1%1.7%
1 Year-11.9%-15.3%6.5%5.3%3.0%0.7%
3 Year-23.4%-33.7%33.3%28.1%44.8%35.4%
5 Year-17.1%-32.0%43.8%30.0%62.0%44.3%

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

Valuation

Is China Mobile undervalued based on future cash flows and its price relative to the stock market?

24%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

China Mobile's share price is below the future cash flow value, and at a moderate discount (> 20%).

China Mobile's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

China Mobile is good value based on earnings compared to the US Wireless Telecom industry average.

China Mobile is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

China Mobile is poor value based on expected growth next year.


Price Based on Value of Assets

China Mobile is good value based on assets compared to the US Wireless Telecom industry average.


Next Steps

Future Growth

How is China Mobile expected to perform in the next 1 to 3 years based on estimates from 22 analysts?

4.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

China Mobile's revenue is expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).

China Mobile's earnings are expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).

China Mobile's revenue growth is positive but not above the United States of America market average.

China Mobile's earnings growth is positive but not above the United States of America market average.

China Mobile's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

China Mobile is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


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

China Mobile's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

China Mobile's 1-year earnings growth is negative, it can't be compared to the 5-year average.

China Mobile's 1-year earnings growth is negative, it can't be compared to the US Wireless Telecom industry average.


Return on Equity

China Mobile has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

China Mobile used its assets more efficiently than the US Wireless Telecom industry average last year based on Return on Assets.


Return on Capital Employed

China Mobile's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is China Mobile's financial position?


Financial Position Analysis

China Mobile is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

China Mobile's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

China Mobile has no debt.

China Mobile has no debt compared to 5 years ago when it was 0.6%.

China Mobile has no debt, it does not need to be covered by operating cash flow.

China Mobile has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

China Mobile has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is China Mobile's current dividend yield, its reliability and sustainability?

5.03%

Expected Dividend Yield


Dividend Yield and Payments Analysis

China Mobile's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

China Mobile's dividend is above the markets top 25% of dividend payers in United States of America (3.71%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.9x coverage).


Next Steps

Management

What is the CEO of China Mobile's salary, the management and board of directors tenure and is there insider trading?

9.1yrs

Average management tenure


CEO

Yue Li (60yo)

9.1yrs

Tenure

CN¥1,163,000

Compensation

Mr. Yue Li has been the Chief Executive Officer at China Mobile Limited since August 19, 2010 and has been its President since August 2010 and its Director since March 2003. Mr. Li serves as the President  ...


CEO Compensation Analysis

Yue's remuneration is lower than average for companies of similar size in United States of America.

Yue's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.


Management Age and Tenure

9.1yrs

Average Tenure

56yo

Average Age

The average tenure for the China Mobile management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

2.5yrs

Average Tenure

58yo

Average Age

The average tenure for the China Mobile board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Yue Li (60yo)

    CEO & Executive Director

    • Tenure: 9.1yrs
    • Compensation: CN¥1.16m
  • Jie Yang (56yo)

    Executive Chairman

    • Tenure: 0.5yrs
  • Grace Wong

    Company Secretary

    • Tenure: 14.3yrs
  • 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: 2.5yrs
    • Compensation: CN¥1.05m

Board Members

  • Moses Cheng (69yo)

    Independent Non-Executive Director

    • Tenure: 16.5yrs
    • Compensation: CN¥460.00k
  • Yue Li (60yo)

    CEO & Executive Director

    • Tenure: 9.1yrs
    • Compensation: CN¥1.16m
  • Paul Chow (73yo)

    Independent Non Executive Director

    • Tenure: 6.3yrs
    • Compensation: CN¥455.00k
  • Jie Yang (56yo)

    Executive Chairman

    • Tenure: 0.5yrs
  • 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: 2.5yrs
    • Compensation: CN¥1.05m
  • Stephen Yiu (58yo)

    Independent Non-Executive Director

    • Tenure: 2.5yrs
    • Compensation: CN¥417.00k
  • Qiang Yang (57yo)

    Independent Non-Executive Director

    • Tenure: 1.3yrs

Company Information

China Mobile Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Mobile Limited
  • Ticker: CHL
  • Exchange: NYSE
  • Founded: 1997
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: HK$1.323t
  • Listing Market Cap: HK$168.735b
  • Shares outstanding: 20.48b
  • Website: https://www.chinamobileltd.com

Number of Employees


Location

  • China Mobile Limited
  • The Center
  • 60th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHLNYSE (New York Stock Exchange)SPON ADR REP 5 ORD HKD0.10USUSDOct 1997
CHL NBMV (Bolsa Mexicana de Valores)SPON ADR REP 5 ORD HKD0.10MXMXNOct 1997
CTMADB (Deutsche Boerse AG)SPON ADR REP 5 ORD HKD0.10DEEUROct 1997
0HX8LSE (London Stock Exchange)SPON ADR REP 5 ORD HKD0.10GBUSDOct 1997
CHLK.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 1997
941SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 1997
CTMDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 1997
941SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 1997
CHTSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFOct 1997
941SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 23:32
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.