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China Mobile (SHSE:600941) Net Margin % : 11.23% (As of Mar. 2024)


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What is China Mobile Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Mobile's Net Income for the three months ended in Mar. 2024 was ¥29,609 Mil. China Mobile's Revenue for the three months ended in Mar. 2024 was ¥263,707 Mil. Therefore, China Mobile's net margin for the quarter that ended in Mar. 2024 was 11.23%.

The historical rank and industry rank for China Mobile's Net Margin % or its related term are showing as below:

SHSE:600941' s Net Margin % Range Over the Past 10 Years
Min: 13.04   Med: 14.83   Max: 16.76
Current: 13.04


SHSE:600941's Net Margin % is ranked better than
78.22% of 381 companies
in the Telecommunication Services industry
Industry Median: 4.13 vs SHSE:600941: 13.04

China Mobile Net Margin % Historical Data

The historical data trend for China Mobile's Net Margin % 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 Net Margin % Chart

China Mobile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.30 14.04 13.69 13.39 13.06

China Mobile Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 11.19 17.18 11.98 11.23 11.23

Competitive Comparison of China Mobile's Net Margin %

For the Telecom Services subindustry, China Mobile's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Mobile's Net Margin % falls into.



China Mobile Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

China Mobile's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=131766/1009309
=13.06 %

China Mobile's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=29609/263707
=11.23 %

* 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.


China Mobile  (SHSE:600941) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


China Mobile Net Margin % Related Terms

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China Mobile (SHSE:600941) 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 (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.

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