CHINA MOBILE(600941)2024-10-21 10:07Revenue and Profit Performance - Revenue for Q3 2024 was RMB 2,447 billion, a slight decrease of 0.1% compared to the same period in 2023[4] - Net profit attributable to shareholders of the parent company increased by 4.6% to RMB 307 billion in Q3 2024[4] - Revenue for the first three quarters reached RMB 791.5 billion, a 2.0% YoY increase[14] - Net profit attributable to shareholders increased by 5.1% YoY to RMB 110.9 billion, with a net profit margin of 14.0%[14] - Total revenue for the first three quarters of 2024 reached RMB 791.458 billion, an increase from RMB 775.560 billion in the same period of 2023[17] - Net profit attributable to the parent company's shareholders for the first three quarters of 2024 was RMB 110.881 billion, up from RMB 105.506 billion in 2023[17] Earnings and Shareholder Metrics - Basic earnings per share (EPS) for Q3 2024 increased by 4.4% to RMB 1.43[5] - Basic earnings per share (EPS) for the first three quarters of 2024 were RMB 5.18, compared to RMB 4.94 in 2023[18] - The number of registered shareholders at the end of the reporting period was 96,570, with 88,989 A-share holders and 7,581 H-share holders[7] - China Mobile Hong Kong (BVI) Limited holds 69.35% of the company's shares, making it the largest shareholder[8] EBITDA and Cash Flow - EBITDA for Q3 2024 was RMB 808 billion, a decrease of 5.0% compared to Q3 2023[5] - EBITDA decreased by 2.0% YoY to RMB 263.1 billion, accounting for 38.8% of operating revenue[14] - The net cash flow from operating activities for the first nine months of 2024 was RMB 2,241 billion, a decrease of 5.7% compared to the same period in 2023[4] - Operating cash flow for the first three quarters of 2024 was RMB 224.075 billion, a decrease from RMB 237.678 billion in 2023[19] - Investment cash flow for the first three quarters of 2024 showed a net outflow of RMB 127.014 billion, compared to RMB 107.698 billion in 2023[19] Asset and Liability Metrics - Total assets as of September 30, 2024, were RMB 19,833 billion, an increase of 1.3% compared to the end of 2023[4] - Total assets increased to RMB 1.983 trillion, up from RMB 1.957 trillion at the end of 2023[15] - Fixed assets decreased to RMB 673.8 billion, down from RMB 714.7 billion at the end of 2023[15] - Construction in progress increased to RMB 97.5 billion, up from RMB 74.5 billion at the end of 2023[15] - Total liabilities as of September 30, 2024, amounted to RMB 653.755 billion, slightly higher than RMB 646.672 billion at the end of 2023[16] - Total equity attributable to the parent company's shareholders as of September 30, 2024, was RMB 1.325 trillion, up from RMB 1.306 trillion at the end of 2023[16] Mobile and Fixed Broadband Performance - Mobile customer base reached 1.004 billion, with 5G network customers reaching 539 million[12] - Mobile ARPU decreased to RMB 49.5 per month, down from RMB 51.0[12] - Mobile data traffic increased by 2.1% YoY, with average monthly data usage per user (DOU) reaching 15.7GB[12] - Fixed broadband customer base reached 314 million, with a net addition of 15.36 million in the first three quarters[12] R&D and Comprehensive Income - R&D expenses for the first three quarters of 2024 increased to RMB 20.300 billion, up from RMB 15.101 billion in 2023[17] - Total comprehensive income for the first three quarters of 2024 was RMB 111.894 billion, compared to RMB 107.258 billion in 2023[18] Non-Recurring Items and Cash Equivalents - Non-recurring gains and losses attributable to shareholders of the parent company amounted to RMB 3,209 million in Q3 2024[6] - Cash and cash equivalents at the end of September 2024 were RMB 121.279 billion, down from RMB 177.383 billion at the end of 2023[20] Return on Equity (ROE) - The weighted average return on equity (ROE) for the first nine months of 2024 was 8.3%, an increase of 0.1 percentage points compared to the same period in 2023[5]