China Mobile Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,035,816	1,050,187	1,040,759	1,009,309	937,259	848,258
Revenue Growth	-0.78%	0.91%	3.12%	7.69%	10.49%	10.44%
Cost of Revenue	752,835	747,212	738,989	724,604	677,097	604,185
Gross Profit	282,981	302,975	301,770	284,705	260,162	244,073
Selling, General & Admin	111,303	112,005	111,501	108,502	104,125	101,471
Research & Development	29,378	29,253	28,163	28,711	18,091	15,577
Other Operating Expenses	4,729	4,001	3,147	-1,360	-3,725	2,722
Operating Expenses	151,805	153,745	157,615	145,356	123,357	123,888
Operating Income	131,176	149,230	144,155	139,349	136,805	120,185
Interest Expense	-3,631	-3,657	-3,273	-3,730	-2,330	-2,679
Interest & Investment Income	25,344	20,823	20,932	17,218	23,956	24,330
Currency Exchange Gain (Loss)	-30	-30	-376	-4	327	11
Other Non Operating Income (Expenses)	-2,390	-3,771	1,131	-81	-38	-311
EBT Excluding Unusual Items	150,469	162,595	162,569	152,752	158,720	141,536
Gain (Loss) on Sale of Investments	8,954	9,936	13,170	12,874	2,759	4,102
Gain (Loss) on Sale of Assets	-	-	-	-	-873	-
Asset Writedown	-358	-139	-815	-490	-173	-1,911
Other Unusual Items	3,216	3,216	3,465	5,395	2,439	8,246
Pretax Income	162,281	175,608	178,389	170,531	162,872	151,973
Income Tax Expense	34,115	38,344	39,863	38,596	37,278	35,878
Earnings From Continuing Operations	128,166	137,264	138,526	131,935	125,594	116,095
Minority Interest in Earnings	-226	-169	-153	-169	-135	-158
Net Income	127,940	137,095	138,373	131,766	125,459	115,937
Net Income to Common	127,940	137,095	138,373	131,766	125,459	115,937
Net Income Growth	-10.43%	-0.92%	5.01%	5.03%	8.21%	7.51%
Shares Outstanding (Basic)	21,654	21,600	21,438	21,376	21,347	20,475
Shares Outstanding (Diluted)	21,848	21,752	21,543	21,409	21,347	20,475
Shares Change	0.74%	0.97%	0.63%	0.29%	4.26%	-
EPS (Basic)	5.91	6.35	6.45	6.16	5.88	5.66
EPS (Diluted)	5.85	6.30	6.42	6.15	5.88	5.66
EPS Growth	-11.12%	-1.91%	4.40%	4.67%	3.82%	7.48%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	114,033	75,968	159,762	122,517	91,162	107,453
Free Cash Flow Per Share	5.22	3.49	7.42	5.72	4.27	5.25
Dividend Per Share	4.730	4.736	4.783	4.384	3.901	3.308
Dividend Growth	-4.49%	-0.99%	9.10%	12.39%	17.94%	14.89%
Gross Margin	27.32%	28.85%	28.99%	28.21%	27.76%	28.77%
Operating Margin	12.66%	14.21%	13.85%	13.81%	14.60%	14.17%
Profit Margin	12.35%	13.05%	13.30%	13.05%	13.39%	13.67%
Free Cash Flow Margin	11.01%	7.23%	15.35%	12.14%	9.73%	12.67%
EBITDA	243,326	295,216	335,256	346,481	336,882	313,230
EBITDA Margin	23.49%	28.11%	32.21%	34.33%	35.94%	36.93%
D&A For EBITDA	112,150	145,986	191,101	207,132	200,077	193,045
EBIT	131,176	149,230	144,155	139,349	136,805	120,185
EBIT Margin	12.66%	14.21%	13.85%	13.81%	14.60%	14.17%
Effective Tax Rate	21.02%	21.83%	22.35%	22.63%	22.89%	23.61%