中国移动(00941) - 2024 - 年度财报

Financial Performance - Operating revenue for 2024 reached RMB 1,040,759 million, an increase from RMB 1,009,309 million in 2023, representing a growth of approximately 3.7%[17] - Shareholder profit attributable to the company was RMB 138,373 million in 2024, up from RMB 131,766 million in 2023, reflecting a growth of about 5%[18] - Communication service revenue increased to RMB 889,468 million in 2024, compared to RMB 863,514 million in 2023, marking a growth of approximately 3%[19] - EBITDA for 2024 was RMB 333,691 million, down from RMB 341,478 million in 2023, resulting in an EBITDA margin of 32.1%, down from 33.8%[20] - The basic earnings per share for 2024 were RMB 6.45, compared to RMB 6.16 in 2023, indicating an increase of approximately 4.7%[20] - The total annual dividend for 2024 was HKD 5.09, up from HKD 4.83 in 2023, reflecting an increase of about 5.4%[19] - The operating expenses for 2024 were RMB 898,169 million, a 2.7% increase from RMB 874,963 million in 2023, accounting for 86.3% of operating revenue[102] - The company reported a significant increase in application and information service revenue, which reached RMB 243,800 million, growing by 10.0% year-on-year[99] Customer Metrics - The total number of mobile customers surpassed 1 billion in June 2024, reaching 1,004 million[14] - In 2024, the personal market revenue reached RMB 483.7 billion, with mobile customers exceeding 1 billion, net increase of 13.32 million, and 5G network customers reaching 552 million, penetration rate at 55.0%[53] - The family market revenue for 2024 was RMB 143.1 billion, a year-on-year increase of 8.5%, with broadband customers reaching 278 million, net increase of 14.05 million, and gigabit broadband customers growing by 25.0%[55] - The enterprise market revenue reached RMB 209.1 billion in 2024, an increase of 8.8%, with the number of enterprise customers at 32.59 million, net increase of 4.22 million, and mobile cloud revenue growing by 20.4% to RMB 100.4 billion[56] - The total number of base stations exceeded 6.86 million, maintaining the largest network scale globally[89] Strategic Initiatives - The company announced the launch of the "AI+ Action Plan" in May 2024, aiming to enhance its AI capabilities[13] - The company is focused on implementing the "One Two Two Five" strategy and enhancing digital transformation initiatives[48] - The company is actively promoting the integration of "network + cloud + DICT" to drive growth in the enterprise market, with a focus on AI and DICT capabilities[56] - The company aims to cover 80 out of 97 national economic categories with 5G vertical industry applications by 2024, with industry cloud revenue reaching RMB 83.8 billion, a year-on-year increase of 18.3%[87] Innovation and Technology - The company completed the construction of the largest intelligent computing center in China in September 2024[14] - The company has achieved a total computing power scale of 8.5 EFLOPS (FP32) and 29.2 EFLOPS (FP16), with 13 intelligent computing centers launched in key regions[60] - The company has developed over 1,348 capabilities for intelligent service supply, with a total invocation volume reaching 777.6 billion times[60] - The company has launched 24 AI+ products and 39 AI+DICT applications, accelerating the upgrade to intelligent services[69] Sustainability and Governance - The company is focused on sustainable development and has established a Sustainable Development Committee to oversee related initiatives[29] - The company aims to support the national "dual carbon" goals through its C² action plan, contributing to a reduction of over 350 million tons of CO2 emissions in 2024[121] - The company has established a Sustainability Committee as of January 1, 2024, to oversee sustainability initiatives[171] - The company has implemented a comprehensive policy system and internal control mechanisms to mitigate various risks associated with corporate governance[128] Corporate Governance - The ultimate controlling shareholder of the company is China Mobile Communications Group Co., Ltd., holding approximately 69.40% of the issued shares as of December 31, 2024[23] - The company has a strong governance structure with independent non-executive directors, including Yao Jianhua, who serves on multiple committees[30] - The board of directors consists of eight members, including the chairman and CEO, ensuring effective governance and management oversight[145] - The company has adopted a director nomination policy to evaluate candidates based on criteria such as character, qualifications, and independence, ensuring a diverse board composition[149] Employee and Community Engagement - The total number of employees reached 455,405 by the end of 2024, with female employees accounting for 236,489[174] - The company conducted 14,736 anti-corruption education activities in 2024, an increase of 7.5% from 2023[177] - The number of individuals receiving anti-corruption training rose to 1,165,838 in 2024, representing a 40% increase compared to 2023[177] Future Outlook - The company aims to enhance corporate value and ensure long-term sustainable development, adhering to principles of integrity, transparency, and efficiency in corporate governance[128] - The company plans to deepen reform and innovation, aiming for high-quality development and enhanced operational efficiency[78] - The company aims to gradually increase cash distributions to shareholders to over 75% of the profit attributable to shareholders within three years starting from 2024[156]