China Mobile Limited (HKG: 0941)

China Mobile Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,025,207	1,009,309	937,259	848,258	768,070	745,917
Revenue Growth (YoY)	3.63%	7.69%	10.49%	10.44%	2.97%	1.23%
Cost of Revenue	719,587	724,604	677,097	604,185	373,917	336,121
Gross Profit	305,620	284,705	260,162	244,073	394,153	409,796
Selling, General & Admin	112,720	108,502	104,125	101,471	62,175	67,756
Research & Development	33,910	28,711	18,091	15,577	-	-
Other Operating Expenses	-1,000	-3,957	-3,725	2,722	45,296	43,162
Operating Expenses	160,666	142,726	123,357	123,888	279,872	293,736
Operating Income	144,954	141,979	136,805	120,185	114,281	116,060
Interest Expense	-3,583	-3,730	-2,330	-2,679	-2,976	-3,239
Interest & Investment Income	19,383	17,218	23,956	24,330	11,447	10,065
Earnings From Equity Investments	-	-	-	-	12,678	12,641
Currency Exchange Gain (Loss)	-4	-4	327	11	-	-
Other Non Operating Income (Expenses)	-357	-114	-38	-311	5,582	4,022
EBT Excluding Unusual Items	160,393	155,349	158,720	141,536	141,012	139,549
Gain (Loss) on Sale of Investments	12,263	12,874	2,759	4,102	2,894	5,495
Gain (Loss) on Sale of Assets	-	-	-	-	-1,547	64
Asset Writedown	-244	-490	-1,046	-1,911	-	-2,975
Other Unusual Items	2,798	2,798	2,439	8,246	-	-
Pretax Income	175,210	170,531	162,872	151,973	142,359	142,133
Income Tax Expense	37,902	38,596	37,278	35,878	34,219	35,342
Earnings From Continuing Operations	137,308	131,935	125,594	116,095	108,140	106,791
Minority Interest in Earnings	-167	-169	-135	-158	-297	-150
Net Income	137,141	131,766	125,459	115,937	107,843	106,641
Net Income to Common	137,141	131,766	125,459	115,937	107,843	106,641
Net Income Growth	3.56%	5.03%	8.21%	7.51%	1.13%	-9.46%
Shares Outstanding (Basic)	21,412	21,376	21,347	20,475	20,475	20,475
Shares Outstanding (Diluted)	21,506	21,409	21,347	20,475	20,475	20,475
Shares Change (YoY)	0.49%	0.29%	4.26%	-	-	-
EPS (Basic)	6.40	6.16	5.88	5.66	5.27	5.21
EPS (Diluted)	6.37	6.15	5.88	5.66	5.27	5.18
EPS Growth	2.93%	4.64%	3.82%	7.48%	1.69%	-9.92%
Free Cash Flow	112,995	122,517	91,162	107,453	118,184	45,226
Free Cash Flow Per Share	5.25	5.72	4.27	5.25	5.77	2.21
Dividend Per Share	4.467	4.384	3.901	3.308	2.879	2.886
Dividend Growth	4.28%	12.39%	17.94%	14.89%	-0.24%	4.60%
Gross Margin	29.81%	28.21%	27.76%	28.77%	51.32%	54.94%
Operating Margin	14.14%	14.07%	14.60%	14.17%	14.88%	15.56%
Profit Margin	13.38%	13.06%	13.39%	13.67%	14.04%	14.30%
Free Cash Flow Margin	11.02%	12.14%	9.73%	12.67%	15.39%	6.06%
EBITDA	288,772	309,908	336,882	313,230	260,670	276,127
EBITDA Margin	28.17%	30.70%	35.94%	36.93%	33.94%	37.02%
D&A For EBITDA	143,818	167,929	200,077	193,045	146,389	160,067
EBIT	144,954	141,979	136,805	120,185	114,281	116,060
EBIT Margin	14.14%	14.07%	14.60%	14.17%	14.88%	15.56%
Effective Tax Rate	21.63%	22.63%	22.89%	23.61%	24.04%	24.87%
Revenue as Reported	-	-	-	-	768,070	745,917

Source: S&P Capital IQ. Standard template. Financial Sources.