2025-04-22 10:35Financial Performance - Total operating revenue for Q1 2025 was RMB 263.8 billion, a slight increase of 0.0% compared to RMB 263.7 billion in Q1 2024[3] - Main business revenue reached RMB 222.4 billion, reflecting a growth of 1.4% from RMB 219.3 billion in the same period last year[3] - Net profit attributable to shareholders increased by 3.5% to RMB 30.6 billion, up from RMB 29.6 billion in Q1 2024[3] - The net profit margin improved to 11.6%, an increase of 0.4 percentage points from 11.2% in the previous year[3] - EBITDA for the quarter was RMB 80.7 billion, representing a growth of 3.4% compared to RMB 78.0 billion in Q1 2024[4] - The EBITDA margin increased to 30.6%, up by 1.0 percentage point from 29.6% in the same quarter last year[4] - Operating profit for Q1 2025 reached RMB 39,016 million, compared to RMB 38,134 million in the same period last year, indicating a year-on-year increase of 2.3%[17] - Total comprehensive income for Q1 2025 was RMB 30,647 million, slightly up from RMB 30,545 million in Q1 2024[18] - The basic and diluted earnings per share for Q1 2025 were both RMB 1.42, an increase from RMB 1.38 in Q1 2024[18] Cash Flow and Assets - Cash flow from operating activities decreased by 45.0% to RMB 31.3 billion, down from RMB 56.9 billion in Q1 2024[3] - Cash flow from operating activities in Q1 2025 was RMB 31,317 million, a decrease of 45.1% compared to RMB 56,904 million in Q1 2024[19] - Cash and cash equivalents at the end of Q1 2025 were RMB 125,078 million, down from RMB 166,026 million at the end of Q1 2024, a decrease of 24.7%[20] - The company recorded a net cash outflow from investing activities of RMB 75,799 million in Q1 2025, compared to RMB 20,491 million in Q1 2024[19] - Total assets as of March 31, 2025, were RMB 2,090.3 billion, a slight increase of 0.8% from RMB 2,072.8 billion at the end of 2024[3] - The total assets as of March 31, 2025, amounted to RMB 2.09 trillion, compared to RMB 2.07 trillion at the end of 2024[15] Customer Metrics - As of March 31, 2025, the total number of mobile customers reached 1.003 billion, with 5G network customers at 578 million, reflecting a net decrease of 940,000 customers in the first quarter[10] - The mobile ARPU (Average Revenue Per User) increased to RMB 46.9, up from RMB 45.3 in the previous quarter, representing a growth of 3.5%[10] - The number of fixed broadband customers reached 320 million, with a net increase of 5.48 million in the first quarter, and the household broadband customer count was 282 million[11] - The household customer ARPU for the first quarter was RMB 40.8, reflecting a year-on-year growth of 2.3%[11] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 129,381[5] - The largest shareholder, China Mobile Hong Kong (BVI) Limited, holds 68.99% of the shares[6] Research and Development - The company’s R&D expenses increased to RMB 3,192 million in Q1 2025 from RMB 3,003 million in Q1 2024, reflecting a growth of 6.3%[17] Strategic Initiatives - The company is focusing on the "AI+" initiative and the "BASIC6" technology innovation plan to enhance service support for digital life and production[9] - The company aims to expand its market presence in emerging markets and enhance its digital content operations, with a focus on integrating communication and financial services[12]