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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,025,334	1,009,309	937,259	848,258	768,070	745,917
Revenue Growth (YoY)	5.59%	7.69%	10.49%	10.44%	2.97%	1.23%
Cost of Revenue	725,035	724,604	677,097	604,185	373,917	336,121
Gross Profit	300,299	284,705	260,162	244,073	394,153	409,796
Selling, General & Admin	110,612	108,502	104,125	101,471	62,175	67,756
Research & Development	32,167	28,711	18,091	15,577	-	-
Other Operating Expenses	-2,190	-3,957	-3,725	2,722	45,296	43,162
Operating Expenses	154,427	142,726	123,357	123,888	279,872	293,736
Operating Income	145,872	141,979	136,805	120,185	114,281	116,060
Interest Expense	-3,464	-3,730	-2,330	-2,679	-2,976	-3,239
Interest & Investment Income	20,040	17,218	23,956	24,330	11,447	10,065
Earnings From Equity Investments	-	-	-	-	12,678	12,641
Currency Exchange Gain (Loss)	-528	-4	327	11	-	-
Other Non Operating Income (Expenses)	-322	-114	-38	-311	5,582	4,022
EBT Excluding Unusual Items	161,598	155,349	158,720	141,536	141,012	139,549
Gain (Loss) on Sale of Investments	10,999	12,874	2,759	4,102	2,894	5,495
Gain (Loss) on Sale of Assets	-	-	-	-	-1,547	64
Asset Writedown	-329	-490	-1,046	-1,911	-	-2,975
Other Unusual Items	2,734	2,798	2,439	8,246	-	-
Pretax Income	175,002	170,531	162,872	151,973	142,359	142,133
Income Tax Expense	39,049	38,596	37,278	35,878	34,219	35,342
Earnings From Continuing Operations	135,953	131,935	125,594	116,095	108,140	106,791
Minority Interest in Earnings	-159	-169	-135	-158	-297	-150
Net Income	135,794	131,766	125,459	115,937	107,843	106,641
Net Income to Common	135,794	131,766	125,459	115,937	107,843	106,641
Net Income Growth	3.38%	5.03%	8.21%	7.51%	1.13%	-9.46%
Shares Outstanding (Basic)	21,396	21,376	21,347	20,475	20,475	20,475
Shares Outstanding (Diluted)	21,465	21,409	21,347	20,475	20,475	20,475
Shares Change (YoY)	0.41%	0.29%	4.26%	-	-	-
EPS (Basic)	6.35	6.16	5.88	5.66	5.27	5.21
EPS (Diluted)	6.32	6.15	5.88	5.66	5.27	5.18
EPS Growth	2.97%	4.64%	3.82%	7.48%	1.69%	-9.92%
Free Cash Flow	99,555	122,517	91,162	107,453	118,184	45,226
Free Cash Flow Per Share	4.64	5.72	4.27	5.25	5.77	2.21
Dividend Per Share	4.555	4.384	3.901	3.308	2.879	2.886
Dividend Growth	6.71%	12.39%	17.94%	14.89%	-0.24%	4.60%
Gross Margin	29.29%	28.21%	27.76%	28.77%	51.32%	54.94%
Operating Margin	14.23%	14.07%	14.60%	14.17%	14.88%	15.56%
Profit Margin	13.24%	13.06%	13.39%	13.67%	14.04%	14.30%
Free Cash Flow Margin	9.71%	12.14%	9.73%	12.67%	15.39%	6.06%
EBITDA	286,553	309,908	336,882	313,230	260,670	276,127
EBITDA Margin	27.95%	30.70%	35.94%	36.93%	33.94%	37.02%
D&A For EBITDA	140,681	167,929	200,077	193,045	146,389	160,067
EBIT	145,872	141,979	136,805	120,185	114,281	116,060
EBIT Margin	14.23%	14.07%	14.60%	14.17%	14.88%	15.56%
Effective Tax Rate	22.31%	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.