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China Mobile's Operating Income for the
three
months ended in Mar. 2026 was €3,636 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €18,726 Mil.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
China Mobile's annualizedROC % for the quarter that ended in Mar. 2026 was 4.86%.
China Mobile's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.56%.
China Mobile (HAM:CTM) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
China Mobile's annualizedROC % for the quarter that ended in Mar. 2026 is calculated as:
* 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.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
China Mobile Operating Income Related Terms
China Mobile Operating Income Historical Data
* Premium members only.
The historical data trend for China Mobile's Operating Income 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.
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €18,726 Mil.
* 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 (HAM:CTM) has a Operating Income of €18,726 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on China Mobile and its competitors.
Is China Mobile's Operating Income too high?
China Mobile's current Operating Income is €18,726 Mil. Overall, China Mobile has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does China Mobile's Operating Income compare to TMUS and VZ?
China Mobile's Operating Income of €18,726 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Telecommunication Services company?
A good Operating Income depends on the Telecommunication Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on China Mobile and its competitors. China Mobile's current Operating Income is €18,726 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Mobile stock overvalued right now?
China Mobile (HAM:CTM) has a current Operating Income of €18,726 Mil. The stock's GF Value™ is €9.61, compared to a current price of €8.46 — trading 12% below its estimated fair value. The current Operating Income is €18,726 Mil. China Mobile's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For China Mobile (HAM:CTM), the current Operating Income is €18,726 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Mobile (HAM:CTM) Overvalued in 2026?
Based on GuruFocus' analysis, China Mobile stock appears to be undervalued.
The current stock price of €8.46 is trading 12% below its estimated GF Value™ of €9.61.
Key valuation signals for HAM:CTM:
Operating Income: €18,726 Mil
GF Value™: €9.61 vs. price of €8.46 (12% below fair value)
No single metric tells the full story. See the HAM:CTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 over 50% of the fixed-line broadband market. The firm has largely rolled 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. 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.
77GF Score
Get the complete analysis for HAM:CTM
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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