中国电信(00728) - 2024 Q3 - 季度业绩

Financial Performance - Operating revenue for the first three quarters of 2024 reached RMB 394.718 billion, a year-on-year increase of 2.7%, with service revenue at RMB 362.886 billion, up 3.8%[2][6] - EBITDA for the first three quarters of 2024 was RMB 111.023 billion, a year-on-year increase of 5.1%, with an EBITDA margin of 30.6%[2][6] - Net profit attributable to shareholders for the first three quarters of 2024 was RMB 29.299 billion, a year-on-year increase of 8.1%[2][6] - Operating income for the first nine months of 2024 was RMB 394.718 billion, compared to RMB 384.254 billion in the same period last year[11] - Net profit for the period reached RMB 29.340 billion, up from RMB 27.143 billion in 2023[11] - Pre-tax profit increased to RMB 37,712 million in the first 9 months of 2024, up from RMB 35,014 million in the same period of 2023[15] - Basic earnings per share (EPS) for the first nine months of 2024 were RMB 0.32, compared to RMB 0.30 in the same period last year[12] Mobile and Fixed-Line Services - Mobile service revenue for the first three quarters of 2024 reached RMB 156.823 billion, a year-on-year increase of 3.2%, with mobile users increasing by 14.9 million to 422.67 million[7] - 5G package users increased by 26.4 million to 345.06 million, with a penetration rate of 81.6%[7] - Fixed-line and smart home service revenue for the first three quarters of 2024 reached RMB 95.624 billion, a year-on-year increase of 2.9%, with broadband users reaching 196.26 million[7] Industrial Digitalization - Industrial digitalization revenue for the first three quarters of 2024 reached RMB 105.549 billion, a year-on-year increase of 5.8%[7] Assets and Liabilities - Total assets as of September 30, 2024, were RMB 865.468 billion, a year-on-year increase of 3.5%[4] - Equity attributable to shareholders as of September 30, 2024, was RMB 448.451 billion, a year-on-year increase of 1.2%[4] - Total assets as of September 30, 2024, amounted to RMB 865.468 billion, with non-current assets totaling RMB 669.486 billion and current assets at RMB 195.982 billion[9][10] - Total liabilities stood at RMB 412.714 billion, with current liabilities at RMB 331.081 billion and non-current liabilities at RMB 81.633 billion[10] Operating Expenses and Costs - Operating expenses for the first three quarters of 2024 reached RMB 358.334 billion, a 2.3% increase year-over-year, with network operation and support costs rising to RMB 118.457 billion, up 3.5%[8] - Labor costs increased to RMB 75.438 billion, a 2.3% growth compared to the same period last year, driven by increased investment in tech and innovative talent[8] - Depreciation and amortization expenses rose to RMB 74,639 million in the first 9 months of 2024, compared to RMB 71,811 million in the same period of 2023[15] Cash Flow and Capital Expenditure - Operating cash flow decreased to RMB 97,316 million in the first 9 months of 2024, down from RMB 112,330 million in the same period of 2023[13] - Capital expenditure was RMB 58,238 million in the first 9 months of 2024, slightly lower than RMB 60,564 million in the same period of 2023[13] - Net cash used in investing activities increased to RMB 68,913 million in the first 9 months of 2024, up from RMB 61,612 million in the same period of 2023[13] - Net cash used in financing activities decreased to RMB 36,080 million in the first 9 months of 2024, down from RMB 40,791 million in the same period of 2023[13] - Cash and cash equivalents decreased to RMB 73,338 million as of September 30, 2024, compared to RMB 82,445 million at the end of the same period in 2023[13] Financial Costs and Receivables - Net financial costs decreased by 12.2% to RMB 518 million, primarily due to reduced interest expenses on lease liabilities[8] - Accounts receivable increased by RMB 33,302 million in the first 9 months of 2024, compared to an increase of RMB 32,166 million in the same period of 2023[15] - Contract liabilities decreased by RMB 7,395 million in the first 9 months of 2024[15] Cautionary Note - The company's financial data is unaudited and investors should exercise caution when relying on these figures[16]