China Mobile (China Mobile) Equity-to-Asset : 0.67 (As of Mar. 2024)

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What is China Mobile Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Mobile's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $185,731 Mil. China Mobile's Total Assets for the quarter that ended in Mar. 2024 was $277,109 Mil. Therefore, China Mobile's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.67.

The historical rank and industry rank for China Mobile's Equity-to-Asset or its related term are showing as below:

CHL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64 Med: 0.66 Max: 0.69
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of China Mobile was 0.69. The lowest was 0.64. And the median was 0.66.

CHL's Equity-to-Asset is ranked better than
84.01% of 394 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs CHL: 0.67

China Mobile Equity-to-Asset Historical Data

The historical data trend for China Mobile's Equity-to-Asset 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.

* Premium members only.

China Mobile Equity-to-Asset Chart

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.68

0.67

0.66

0.67

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.66	0.67	0.66	0.67	0.67

Competitive Comparison of China Mobile's Equity-to-Asset

For the Telecom Services subindustry, China Mobile's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Mobile's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Mobile's Equity-to-Asset falls into.

China Mobile Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

China Mobile's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	187912.383	/	279075.796
	=	0.67

China Mobile's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	185731.167	/	277109.074
	=	0.67

China Mobile (NYSE:CHL) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

China Mobile Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of China Mobile's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

China Mobile (China Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » Equity-to-Asset

Comparable Companies

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.