中国移动(00941) - 2024 Q3 - 季度业绩

Financial Performance - For the first three quarters of 2024, the group's operating revenue was RMB 791.5 billion, an increase of 2.0% year-on-year; of which, communication service revenue was RMB 678.0 billion, also up 2.0%[2] - EBITDA for the same period was RMB 263.1 billion, a decrease of 2.0% year-on-year, with an EBITDA margin of 33.2%[3] - Shareholders' profit attributable to the company was RMB 110.9 billion, representing a year-on-year increase of 5.1%, with a profit margin of 14.0%[7] - Operating revenue for the nine months ended September 30, 2024, was RMB 791,458 million, an increase from RMB 775,560 million in the same period of 2023, representing a growth of approximately 2.3%[9] - Communication service revenue reached RMB 678,049 million, up from RMB 111,003 million year-over-year, indicating a significant increase[9] - Operating profit for the period was RMB 118,904 million, compared to RMB 113,457 million in the previous year, reflecting a growth of about 4.0%[9] - Net profit attributable to shareholders was RMB 110,881 million, an increase from RMB 105,506 million, marking a growth of approximately 5.0%[10] - Basic earnings per share increased to RMB 5.18 from RMB 4.94, showing a rise of about 4.9%[11] - The company reported a total comprehensive income of RMB 111,894 million for the period, compared to RMB 107,258 million in the previous year, reflecting an increase of approximately 4.9%[10] Customer Metrics - The total number of mobile customers reached 1.004 billion, with 539 million 5G network customers[4] - The average revenue per user (ARPU) for mobile services was RMB 49.5, while the average monthly data usage per user (DOU) was 15.7 GB[5] - The total number of fixed broadband customers was 314 million, with a net increase of 15.36 million in the first three quarters[5] Cash Flow and Investments - Cash and cash equivalents were RMB 121,279 million, down from RMB 141,559 million, indicating a decrease of about 14.3%[13] - The company generated net cash inflow from operating activities of RMB 224,075 million, down from RMB 237,678 million in the previous year, representing a decrease of approximately 5.7%[14] - The net cash outflow from investment activities was RMB 127,014 million for the nine months ended September 30, 2024, compared to RMB 107,698 million for the same period in 2023, representing an increase of approximately 17.3%[16] - The net cash outflow from financing activities was RMB 117,323 million for the nine months ended September 30, 2024, slightly decreased from RMB 120,208 million in the same period of 2023[17] - The net increase in cash and cash equivalents was RMB 20,262 million for the nine months ended September 30, 2024, compared to a net increase of RMB 9,772 million in the same period of 2023, indicating a significant improvement[17] - The total cash and cash equivalents at the end of the period were RMB 121,279 million, down from RMB 177,383 million at the end of the same period in 2023, reflecting a decrease of approximately 31.7%[17] - The company received RMB 4,051 million from stock option exercises during the nine months ended September 30, 2024, compared to RMB 1,232 million in the same period of 2023, showing a substantial increase[17] - The company paid dividends of RMB 97,458 million to shareholders during the nine months ended September 30, 2024, compared to no dividends paid in the same period of 2023[17] - The company reported a decrease in the statutory deposit reserve of RMB 49 million for the nine months ended September 30, 2024, compared to a decrease of RMB 1,219 million in the same period of 2023[16] - The company disposed of financial assets measured at amortized cost, generating RMB 54,103 million in cash inflow for the nine months ended September 30, 2024, compared to RMB 26,388 million in the same period of 2023, indicating a significant increase[16] Strategic Initiatives - The group is actively promoting the "AI+" initiative and the "BASIC6" innovation plan to enhance operational efficiency and market competitiveness[5] - The group reported good growth in its DICT business, focusing on integrated solutions for enterprise customers[5] - The company aims to deepen its market expansion in international business and content media, maintaining rapid growth in these areas[5] - The group plans to continue enhancing core capabilities and competitiveness while advancing digital transformation and high-quality development[7] Cautionary Notes - The board of directors cautioned investors regarding reliance on the unaudited financial data presented, emphasizing the inherent risks and uncertainties involved[18]