2022-10-20 09:31Financial Performance - For the first three quarters of 2022, the group's operating revenue reached RMB 723.5 billion, an increase of 11.5% year-on-year[5] - Communication service revenue amounted to RMB 620.1 billion, growing by 8.3% compared to the same period last year[5] - EBITDA for the first three quarters was RMB 251.5 billion, reflecting a year-on-year growth of 5.9%[5] - Shareholders' profit attributable to the group was RMB 98.5 billion, representing a 13.0% increase year-on-year[5] - Operating profit for the period was RMB 102,196 million, representing a growth of 11.4% from RMB 91,718 million in the previous year[6] - The net profit attributable to shareholders was RMB 98,532 million, an increase of 13.5% compared to RMB 87,197 million in the same period last year[9] - Total comprehensive income for the period was RMB 100,383 million, compared to RMB 86,861 million in the prior year, reflecting a growth of 15.5%[9] Customer Metrics - The number of mobile customers reached 974 million, with a net increase of 17.15 million customers in the first three quarters[4] - The number of 5G package customers reached 557 million, while 5G network customers totaled 292 million[4] - The total number of fixed broadband customers reached 265 million, with a net increase of 24.82 million in the first three quarters[4] - The average revenue per user (ARPU) for mobile services was RMB 50.7, showing a 1.0% year-on-year increase[4] Asset and Liability Overview - The total assets as of September 30, 2022, amounted to RMB 1,893,747 million, an increase from RMB 1,841,327 million at the end of 2021[10] - The total liabilities decreased to RMB 619,128 million from RMB 631,035 million at the end of 2021, showing a reduction of 1.4%[11] - The company’s non-current assets increased to RMB 727,396 million from RMB 723,305 million year-over-year, reflecting a growth of 0.2%[10] Cash Flow and Investment Activities - Cash generated from operating activities was RMB 258,750 million, compared to RMB 278,978 million in the previous year, indicating a decrease of 7.2%[12] - For the nine months ended September 30, 2022, the net cash outflow from investment activities was RMB 148,497 million, compared to RMB 113,149 million for the same period in 2021, representing an increase of 31.1%[13] - The cash outflow from financing activities for the nine months ended September 30, 2022, was RMB 118,630 million, up from RMB 96,773 million in the previous year, indicating a rise of 22.5%[14] - The net cash and cash equivalents decreased by RMB 39,535 million for the nine months ended September 30, 2022, compared to an increase of RMB 39,194 million in the same period of 2021[14] - As of September 30, 2022, the cash and cash equivalents at the end of the period were RMB 205,294 million, down from RMB 251,494 million at the end of the same period in 2021, reflecting a decrease of 18.3%[14] Financing and Other Income - The company received RMB 10,225 million in interest and other financing income for the nine months ended September 30, 2022, slightly down from RMB 10,500 million in the previous year[13] - The company reported a decrease in the purchase of other intangible assets to RMB 2,632 million for the nine months ended September 30, 2022, from RMB 4,230 million in the same period of 2021, a reduction of 37.8%[13] - The company recorded a net cash outflow from financing activities related to the repayment of short-term deposits to China Mobile Group amounting to RMB 16,781 million for the nine months ended September 30, 2022, compared to RMB 18,758 million in the previous year[14] Financial Asset Management - The company noted a significant increase in the disposal of financial assets measured at fair value through profit or loss, with a loss of RMB 99,000 million for the nine months ended September 30, 2022, compared to a loss of RMB 72,280 million in the same period of 2021[13] - The company experienced a decrease in restricted bank deposits (excluding customer deposits) of RMB 1,570 million for the nine months ended September 30, 2022, compared to a decrease of RMB 2,598 million in the same period of 2021[13]