China Mobile (600941.SH/00941.HK) released its Q2 2026 results after the HK market close on Aug 13 (Beijing time), covering the period ended Jun 2026.
Key takeaways: 1) Ops. metrics: $CHINA MOBILE(00941.HK) reported Q2 revenue of RMB 271.6bn (-3% YoY), mainly dragged by weaker telecom services.The decline in telecom services was driven by a VAT hike (6%→9%) and lower ARPU values ...
+11H1 compute services revenue rose 14%, with AIDC revenue up over 4x YoY. Mobile data traffic growth doubled to 16%.
However, the telecom services segment was under pressure and profits declined. Interim DPS was RMB 2.51, up just 0.3% YoY.Capex tilted clearly toward compute, with RMB 15.6bn invested in the compute network (+RMB 6.5bn YoY) while the telecom network was cut by RMB 4.1bn. Full-year guidance points to a steady uptick in the payout ratio.
China Mobile (600941.SH/00941.HK) released its Q1 2026 results after the HK close on Apr 20 (Beijing time), for the quarter ended Mar 2026. Highlights: 1) Operating metrics — revenue held up.
Total revenue was RMB 266.4bn (+1% YoY). The company’s telecom service revenue dipped slightly YoY this quarter.Product sales and other businesses posted double-digit YoY growth for a second consecutive quarter. Operating profit was RMB 29.0bn (-11% YoY)...China Mobile (600941.SH/00941.HK) released its 2025 annual report and Q4 results (to Dec 2025) after hours in Hong Kong on Mar 26, 2026.
Key takeaway (1) operating metrics: revenue saw a slight uptick, while OP continued to trend higher.$CHINA MOBILE(00941.HK) reported Q4 2025 revenue of RMB 255.5bn, up 2.5% YoY. Telecom service revenue edged higher YoY this quarter, while product sales and related businesses grew about 14% YoY for the second straight quarter...
China Mobile (600941.SH/00941.HK) released its financial report for the third quarter of 2025 (ending September 2025) after the Hong Kong stock market closed on the evening of October 20, 2025, Beijing time. Key points are as follows: 1. Operating data: Revenue & profit remain stable. $CHINA MOBILE(00941.HK) reported a total revenue of RMB 250.9 billion for the third quarter of 2025, an increase of 2.5% year-on-year. The company's telecommunications business saw a slight year-on-year increase this quarter, with revenue growth mainly driven by product sales and other businesses...
The following are the minutes of China Mobile's 2025 H1 financial report conference call organized by Dolphin Research. For financial report interpretation, please refer to China Mobile: Profitability Remains Strong, 'Cash Cow' Status Unchanged.
1. $CHINA MOBILE(00941.HK) Financial Report Key Information Review
1. Profitability: Net profit reached RMB 84.2 billion, a year-on-year increase of 5.0%, maintaining its leading position among global top-tier operators in terms of profitability. EBITDA reached RMB 186 billion, a year-on-year increase of 2.0%. The EBITDA margin was 34.2%, an increase of 0.9 percentage points year-on-year...
China Mobile (600941.SH/00941.HK) released its financial report for the second quarter of 2025 (ending June 2025) after the Hong Kong stock market closed on the evening of August 7, 2025, Beijing time. Key points are as follows: 1. Operating Data: Revenue remained flat, and profit steadily increased. $CHINA MOBILE(00941.HK) reported total revenue of RMB 280 billion for the second quarter of 2025, a year-on-year decrease of 1.1%. The company's telecommunications business remained flat year-on-year this quarter, with the decline in revenue mainly due to a decrease in product sales and other businesses. China Mobile's net profit for the second quarter of 2025 was RMB 53.6 billion...
China Mobile (600941.SH/00941.HK) released its Q1 2025 earnings report (as of March 2025) after the Hong Kong market closed on April 22, 2025 Beijing time. Key points are as follows: 1. Operational data: Revenue remained flat while profits grew steadily. $CHINA MOBILE(00941.HK) reported total revenue of 263.8 billion yuan in Q1 2025, basically flat year-on-year. The growth in the company's communications business was largely offset by declines in product sales and other operations. China Mobile's Q1 2025 net profit reached 30.6 billion yuan...
Core business as stable as a rock
