China Mobile (China Mobile) Purchase Of Investment : $-19,281 Mil (TTM As of Mar. 2024)

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What is China Mobile Purchase Of Investment?

China Mobile's purchase of investment for the three months ended in Mar. 2024 was $-3,347 Mil. It means China Mobile spent $3,347 Mil on purchasing investments. China Mobile's purchase of investment for the trailing twelve months (TTM) ended in Mar. 2024 was $-19,281 Mil.

Compared with last quarter ($-15,549 Mil in Dec. 2023 ), China Mobile spent less money on purchasing investments in Mar. 2024 ($-3,347 Mil).

China Mobile Purchase Of Investment Historical Data

The historical data trend for China Mobile's Purchase Of Investment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Mobile Purchase Of Investment Chart

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Purchase Of Investment

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-23,003.98

-20,341.47

-21,480.07

-40,082.19

-18,421.19

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Purchase Of Investment	Get a 7-Day Free Trial															-2,567.15	34.07	-419.44	-15,549.14	-3,346.53

China Mobile Purchase Of Investment Calculation

Purchase of Investments represents cash outflow on the purchase of investments in securities.

Purchase Of Investment for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19,281 Mil.

China Mobile Purchase Of Investment Related Terms

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China Mobile (China Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » Purchase Of Investment

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Traded in Other Exchanges

941:Mexico 00941:Hong Kong CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.