China Mobile (MEX:941N) Quick Ratio: 0.83 (As of Mar. 2026) — 15% Below Median


MEX:941N China Mobile Ltd MEX:941N
76 GF Score
Price MXN167.00
GF Value MXN203.56
! 5 Warning Signs
View Full Analysis

What is China Mobile Quick Ratio?

China Mobile MEX:941N 76 Quick Ratio is 0.83 as of Mar. 2026, which is 15% below its 10-year median of 0.98. GuruFocus rates MEX:941N with a GF Score™ of 76/100 and a GF Value™ of MXN203.56. The stock has 5 warning signs investors should review. Among 371 Telecommunication Services companies, China Mobile ranks worse than 65.5% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. China Mobile's quick ratio for the quarter that ended in Mar. 2026 was 0.83.

China Mobile has a quick ratio of 0.83. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for China Mobile's Quick Ratio or its related term are showing as below:

MEX:941N' s Quick Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.98   Max: 1.14
Current: 0.83

During the past 13 years, China Mobile's highest Quick Ratio was 1.14. The lowest was 0.78. And the median was 0.98.

MEX:941N's Quick Ratio is ranked worse than
65.5% of 371 companies
in the Telecommunication Services industry
Industry Median: 1.06 vs MEX:941N: 0.83

China Mobile  (MEX:941N) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


China Mobile Quick Ratio Related Terms


China Mobile Quick Ratio Historical Data

* Premium members only.

The historical data trend for China Mobile's Quick Ratio 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.

China Mobile Quick Ratio Chart

China Mobile Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.83 0.87 0.88 0.78

China Mobile Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 0.91 0.87 0.79 0.78 0.83

MEX:941N vs TMUS, VZ, T: Quick Ratio Comparison

For the Telecom Services subindustry, China Mobile's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where China Mobile's Quick Ratio falls into.


MEX:941N
76GF Score
China Mobile Ltd MEX:941N
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Mobile Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

China Mobile's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1272214.985-42470.567)/1568545.163
=0.78

China Mobile's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1443257.025-34641.539)/1688249.103
=0.83

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.83 mean?
China Mobile (MEX:941N) has a Quick Ratio of 0.83 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Mobile and its competitors. This is 15% below median its historical median of 0.98. Over the past decade, China Mobile's Quick Ratio has ranged from 0.78 to 1.14. According to the industry distribution chart, China Mobile ranks #243 out of 371 companies in the Telecommunication Services industry, placing it in the top 65.5%.
Is China Mobile's Quick Ratio too high?
China Mobile's current Quick Ratio of 0.83 is 15% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.14. The Telecommunication Services industry median Quick Ratio is 1.06. China Mobile's value of 0.83 is 21.7% below this industry median. Based on the distribution chart, China Mobile ranks #243 out of 371 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, China Mobile has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does China Mobile's Quick Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, China Mobile ranks #243 out of 371 companies for Quick Ratio. This places China Mobile in the lower half of its industry. The industry median Quick Ratio is 1.06. China Mobile's value of 0.83 is 21.7% below this benchmark. Historically, China Mobile's own Quick Ratio has ranged from 0.78 to 1.14 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.06, China Mobile has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Telecommunication Services company?
The median Quick Ratio among Telecommunication Services companies is 1.06, based on 371 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Mobile's current Quick Ratio of 0.83 is 21.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on China Mobile and its competitors. For the Telecommunication Services industry, the median Quick Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Mobile's current Quick Ratio is 0.83, which is 15% below median its own 10-year median of 0.98. 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 (MEX:941N) has a current Quick Ratio of 0.83. The stock's GF Value™ is MXN203.56, compared to a current price of MXN167.00 — trading 18% below its estimated fair value. The current Quick Ratio is 0.83, which is 15% below median its 10-year median of 0.98 and 21.7% below the Telecommunication Services industry median of 1.06. China Mobile's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For China Mobile (MEX:941N), the current Quick Ratio is 0.83 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 (MEX:941N) Overvalued in 2026?

Based on GuruFocus' analysis, China Mobile stock appears to be undervalued. The current stock price of MXN167.00 is trading 18% below its estimated GF Value™ of MXN203.56.

Key valuation signals for MEX:941N:

  • Quick Ratio: 0.83 (15% below median its 10-year median of 0.98)
  • GF Value™: MXN203.56 vs. price of MXN167.00 (18% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 21.7% below the Telecommunication Services median (#243 of 371)

No single metric tells the full story. See the MEX:941N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Mobile Business Description

Other Exchanges 00941:Hong Kong600941:China
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 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.
76GF Score

Get the complete analysis for MEX:941N

Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN167.00
Price
MXN203.56
GF Value