中国移动(00941) - 2024 Q1 - 季度业绩

Financial Performance - For the three months ended March 31, 2024, the operating revenue was RMB 263.7 billion, representing a year-on-year increase of 5.2%[3] - The communication service revenue for the same period was RMB 219.3 billion, reflecting a year-on-year growth of 4.5%[7] - The EBITDA for the first quarter of 2024 was RMB 78 billion, a decrease of 2.3% compared to the previous year[9] - The profit attributable to shareholders was RMB 29.6 billion, which is a 5.5% increase year-on-year[7] - In Q1 2024, the group's communication service revenue was RMB 219.3 billion, representing a year-on-year growth of 4.5%, while sales of products and other revenues amounted to RMB 44.4 billion, up 8.6% year-on-year[12] - The profit attributable to shareholders for Q1 2024 was RMB 29.6 billion, an increase of 5.5% year-on-year, with a profit margin of 11.2%[14] - EBITDA for the same period was RMB 78 billion, down 2.3% year-on-year, with an EBITDA margin of 35.6% of communication service revenue[14] - The total comprehensive income for the period was RMB 30.5 billion, compared to RMB 27.4 billion in the previous year[15] Customer Metrics - The total mobile customer base reached 996 million, with 5G package customers numbering 799 million[11] - The average revenue per user (ARPU) for mobile services was RMB 47.9, up from RMB 44.9 in the previous year[9] - The total number of fixed broadband customers was 305 million, with a net increase of 6.83 million during the quarter[9] - The average revenue per user (ARPU) for household customers in Q1 was RMB 39.9, reflecting a year-on-year growth of 1.8%[12] - The average monthly mobile internet traffic per user (DOU) was 14.9 GB, showing a year-on-year increase of 3.3%[11] - As of March 31, 2024, the total number of broadband customers reached 305 million, with a quarterly net increase of 6.83 million, including 269 million household broadband customers, which saw a net increase of 5.28 million[12] Cash Flow and Investments - Cash and cash equivalents amounted to RMB 166 billion, up from RMB 141.6 billion in the previous quarter[22] - Operating cash inflow for Q1 2024 was RMB 65.9 billion, compared to RMB 82.7 billion in the same period last year[22] - For the three months ended March 31, 2024, the net cash outflow from investment activities was RMB 20,491 million, a decrease of 39% compared to RMB 33,721 million in the same period of 2023[24] - The net cash outflow from financing activities was RMB 12,064 million, a decrease of 18% compared to RMB 14,719 million in the same period of 2023[26] - The net increase in cash and cash equivalents for the period was RMB 24,349 million, compared to RMB 26,765 million in the same period of 2023[26] - The total cash and cash equivalents at the end of the period was RMB 166,026 million, down from RMB 193,648 million at the end of the same period in 2023[26] - The company received RMB 3,720 million in interest and other income, significantly up from RMB 1,600 million in the same period of 2023[24] - The company disposed of financial assets measured at amortized cost, generating RMB 31,225 million, compared to RMB 10,146 million in the same period of 2023[24] - The company reported a decrease in the purchase of fixed assets and other non-current assets to RMB 34,478 million from RMB 37,246 million in the same period of 2023[24] - The company’s statutory deposit reserve decreased by RMB 2,214 million, compared to RMB 275 million in the same period of 2023[24] Assets and Liabilities - The total assets as of March 31, 2024, were RMB 2,030.9 billion, an increase from RMB 1,992.7 billion as of December 31, 2023[17] - The total liabilities increased to RMB 653.8 billion from RMB 646.7 billion in the previous quarter[20] Strategic Initiatives - The company aims to enhance core competitiveness and accelerate the development of strategic emerging industries[1] - The company is committed to digital transformation and high-quality development as part of its strategic implementation[11] Cautionary Statements - The company cautioned investors regarding reliance on the unaudited financial data presented, highlighting potential risks and uncertainties[28]