Zheng Quan Zhi Xing·2025-08-08 22:39Core Insights - China Mobile reported a slight decline in total revenue for the first half of 2025, with a total revenue of 543.769 billion yuan, down 0.54% year-on-year, while net profit increased by 5.03% to 84.235 billion yuan [1] - The company's profitability improved, with a gross margin increase of 2.61% to 31.62% and a net margin increase of 5.58% to 15.50% [1] - The company has seen an increase in cash and cash equivalents, with a 10.05% rise to 190.262 billion yuan, while accounts receivable increased by 25.47% to 105.822 billion yuan [1] Financial Performance - Total revenue for Q2 2025 was 280.009 billion yuan, a decrease of 1.07% year-on-year, while net profit for the same period rose by 5.95% to 53.604 billion yuan [1] - The total of selling, administrative, and financial expenses was 54.383 billion yuan, accounting for 10.0% of revenue, a decrease of 1.68% year-on-year [1] - Earnings per share increased by 4.0% to 3.90 yuan, while operating cash flow per share decreased significantly by 36.69% to 3.88 yuan [1] Market Position and Analyst Sentiment - Analysts expect the company's performance in 2025 to reach 145.337 billion yuan, with an average earnings per share forecast of 6.72 yuan [2] - The company is held by two prominent fund managers, with notable recent increases in their holdings, particularly by a top-ranked fund manager from Huazhang Fund [2] - The largest fund holding China Mobile is the Yinhua Wealth Theme Mixed A Fund, with a current scale of 10.706 billion yuan and a recent net value decline of 0.29% [3]