China Mobile Limited logo

China Mobile Limited

0941.HK

HKSECommunication ServicesTelecommunications Services

Latest quote

HK$82.70

−HK$0.10 · -0.12%

Aug 24, 1:45 PM HKT

0941.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

China Mobile Limited is a leading provider of comprehensive mobile telecommunications and associated services across Mainland China and Hong Kong. Its primary business areas encompass mobile voice and data services, broadband internet, and a broad spectrum of other offerings. By December 31, 2021, the company had established an impressive customer base, serving 957 million mobile subscribers and 240 million fixed-line broadband users. Beyond its core connectivity solutions, China Mobile delivers a diverse range of specialized services. These include telecommunications network planning, design, and consultancy; operational support for IT systems, roaming clearance, and technical assistance; as well as the creation and upkeep of value-added platforms. The company is also involved in mobile data solutions, system integration, network construction, maintenance, optimization, and training. Furthermore, it designs and sells electronic communication products and offers non-banking financial services, alongside mobile cloud research and development, call center operations, e-payment, e-commerce, internet finance, and mobile internet digital content services. China Mobile also oversees a central network and business coordination center. Established in 1997 and headquartered in Central, Hong Kong, the company was previously known as China Mobile (Hong Kong) Limited, changing its name to China Mobile Limited in May 2006. It functions as a subsidiary of China Mobile Hong Kong (BVI) Limited.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
HK
CEO
Yangfan Chen
Listed since
Oct 23, 1997
Employees
461,345

Market position

Day range

Current HK$82.70

52-week range

Current HK$82.70

Open
HK$83.00
Previous close
HK$82.80
Volume
8.85M
0.5× average
Average volume
17.85M
Average daily volume
Market cap
1.72T HKD
Beta
0.28
Market reference 1
50-day average
HK$80.582
+2.63% above average
200-day average
HK$81.9473
+0.92% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.58T CNY
EV / EBITDA
4.39×
Earnings yield
8.43%
Free cash flow yield
4.79%

Profitability & efficiency

Return on equity
9.34%
Return on assets
6.27%
Return on invested capital
7.28%

Financial health

Current ratio
0.81×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends31%24%18%11%Gross margin, FY2021: 28.77%Gross margin, FY2022: 27.76%Gross margin, FY2023: 28.21%Gross margin, FY2024: 29.00%Gross margin, FY2025: 22.55%Operating margin, FY2021: 17.92%Operating margin, FY2022: 17.21%Operating margin, FY2023: 16.66%Operating margin, FY2024: 16.94%Operating margin, FY2025: 14.19%Net margin, FY2021: 13.67%Net margin, FY2022: 13.39%Net margin, FY2023: 13.06%Net margin, FY2024: 13.30%Net margin, FY2025: 13.05%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 28.77%. Gross margin FY2022 27.76%. Gross margin FY2023 28.21%. Gross margin FY2024 29.00%. Gross margin FY2025 22.55%. Operating margin FY2021 17.92%. Operating margin FY2022 17.21%. Operating margin FY2023 16.66%. Operating margin FY2024 16.94%. Operating margin FY2025 14.19%. Net margin FY2021 13.67%. Net margin FY2022 13.39%. Net margin FY2023 13.06%. Net margin FY2024 13.30%. Net margin FY2025 13.05%.

Income trends

Revenue

1.02T CNY-1.71%

Operating income

145.16B CNY-17.66%

Net income

133.55B CNY-3.49%
Income trends across reported periods1.13T CNY763.31B CNY393.38B CNY23.45B CNYRevenue, FY2021: 848.26B CNYRevenue, FY2022: 937.26B CNYRevenue, FY2023: 1.01T CNYRevenue, FY2024: 1.04T CNYRevenue, FY2025: 1.02T CNYOperating income, FY2021: 151.99B CNYOperating income, FY2022: 161.31B CNYOperating income, FY2023: 168.12B CNYOperating income, FY2024: 176.28B CNYOperating income, FY2025: 145.16B CNYNet income, FY2021: 115.94B CNYNet income, FY2022: 125.46B CNYNet income, FY2023: 131.77B CNYNet income, FY2024: 138.37B CNYNet income, FY2025: 133.55B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 848.26B CNY. Revenue FY2022 937.26B CNY. Revenue FY2023 1.01T CNY. Revenue FY2024 1.04T CNY. Revenue FY2025 1.02T CNY. Operating income FY2021 151.99B CNY. Operating income FY2022 161.31B CNY. Operating income FY2023 168.12B CNY. Operating income FY2024 176.28B CNY. Operating income FY2025 145.16B CNY. Net income FY2021 115.94B CNY. Net income FY2022 125.46B CNY. Net income FY2023 131.77B CNY. Net income FY2024 138.37B CNY. Net income FY2025 133.55B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue1.02T CNY1.04T CNY1.01T CNY937.26B CNY848.26B CNY
Cost of goods sold792.32B CNY738.99B CNY724.6B CNY677.1B CNY604.19B CNY
Gross profit230.68B CNY301.77B CNY284.71B CNY260.16B CNY244.07B CNY
Research and development3.67B CNY28.16B CNY28.71B CNY18.09B CNY15.58B CNY
Selling, general, and administrative77.77B CNY126.31B CNY118.01B CNY108.99B CNY105.59B CNY
Operating expenses85.53B CNY125.49B CNY116.59B CNY98.86B CNY92.08B CNY
Interest income5.16B CNY6.39B CNY7.34B CNY11B CNY10.75B CNY
Interest expense3.56B CNY3.33B CNY3.73B CNY2.38B CNY2.63B CNY
Depreciation and amortization185.08B CNY149.72B CNY207.13B CNY200.08B CNY193.05B CNY
Operating income145.16B CNY176.28B CNY168.12B CNY161.31B CNY151.99B CNY
Net income133.55B CNY138.37B CNY131.77B CNY125.46B CNY115.94B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 7 misses, 1 met estimate
Average EPS surprise
+1.04%
11 comparable reports
Latest EPS result
1.91
Estimate 2.12 · Miss by 9.91%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.862.371.871.38Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 20, 2025: actual 2.4, estimate 2.43, surprise -1.23%, Miss. Q2 2025, reported Apr 22, 2025: actual 1.51, estimate 1.49, surprise +1.34%, Beat. Q3 2025, reported Aug 7, 2025: actual 2.12, estimate 1.53, surprise +38.56%, Beat. Q4 2025, reported Oct 20, 2025: actual 1.55, estimate 1.58, surprise -1.90%, Miss. Q1 2026, reported Mar 20, 2026: actual 2.43, estimate 2.75, surprise -11.64%, Miss. Q2 2026, reported Apr 20, 2026: actual 1.55, estimate 1.53, surprise +1.31%, Beat. Q3 2026, reported Aug 13, 2026: actual 1.91, estimate 2.12, surprise -9.91%, Miss. Q4 2026, reported Oct 16, 2026: actual —, estimate 1.66, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates340.52B303.42B266.32B229.22BQ1 '25BeatQ2 '25No estimateQ3 '25No estimateQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 20, 2025: actual 265.34B HKD, estimate 242.32B HKD, surprise +9.50%, Beat. Q2 2025, reported Apr 22, 2025: actual 280.97B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 306.83B HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 20, 2025: actual 274.3B HKD, estimate 274.23B HKD, surprise +0.03%, Beat. Q1 2026, reported Mar 20, 2026: actual 284.36B HKD, estimate 294.09B HKD, surprise -3.31%, Miss. Q2 2026, reported Apr 20, 2026: actual 302.84B HKD, estimate 293.75B HKD, surprise +3.09%, Beat. Q3 2026, reported Aug 13, 2026: actual 313.55B HKD, estimate 327.42B HKD, surprise -4.24%, Miss. Q4 2026, reported Oct 16, 2026: actual —, estimate 289.88B HKD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

20 ratings
Strong buy00%
Buy840%
Hold840%
Sell420%
Strong sell00%

0941.HK peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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