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China Mobile (FRA:CTM) Gross-Profit-to-Asset % : 29.74% (As of Sep. 2024)


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What is China Mobile Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. China Mobile's annualized Gross Profit for the quarter that ended in Sep. 2024 was €76,719 Mil. China Mobile's average Total Assets over the quarter that ended in Sep. 2024 was €257,957 Mil. Therefore, China Mobile's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 29.74%.


China Mobile Gross-Profit-to-Asset % Historical Data

The historical data trend for China Mobile's Gross-Profit-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 Gross-Profit-to-Asset % Chart

China Mobile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.51 28.81 30.97 29.30 29.63

China Mobile Quarterly Data
Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.61 76.05 28.84 35.01 29.74

Competitive Comparison of China Mobile's Gross-Profit-to-Asset %

For the Telecom Services subindustry, China Mobile's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

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

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



China Mobile Gross-Profit-to-Asset % Calculation

China Mobile's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=76749.337/( (262080.679+255912.505)/ 2 )
=76749.337/258996.592
=29.63 %

China Mobile's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=76719.464/( (258876.715+257037.499)/ 2 )
=76719.464/257957.107
=29.74 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


China Mobile Gross-Profit-to-Asset % Related Terms

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China Mobile Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG
China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (1 billion) but also the largest in the world. It has 60% of the total wireless market in China and 50% 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 3G/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.