Projected Income Statement: China Mobile Limited

Forecast Balance Sheet: China Mobile Limited

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 -284,064 -323,111 -217,884 -136,187 -143,597 -197,767 -244,559 -295,304
Change - -213.75% -167.43% -162.5% -205.44% -237.72% -223.66% -220.75%
Announcement Date 3/19/20 3/25/21 3/23/22 3/23/23 3/21/24 - - -
1CNY in Million
Estimates

Cash Flow Forecast: China Mobile Limited

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 165,900 180,600 183,600 183,861 181,263 173,874 172,103 171,282
Change - 8.86% 1.66% 0.14% -1.41% -4.08% -1.02% -0.48%
Free Cash Flow (FCF) 1 81,700 127,100 131,200 96,889 122,517 138,496 150,852 150,171
Change - 55.57% 3.23% -26.15% 26.45% 13.04% 8.92% -0.45%
Announcement Date 3/19/20 3/25/21 3/23/22 3/23/23 3/21/24 - - -
1CNY in Million
Estimates

Forecast Financial Ratios: China Mobile Limited

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 39.68% 37.12% 36.66% 35.12% 37.18% 32.66% 32.12% 31.73%
EBIT Margin (%) 15.17% 14.68% 17.92% 17.21% 16.66% 14.63% 14.82% 14.93%
EBT Margin (%) 19.05% 18.53% 17.92% 17.38% 16.9% 16.98% 17.36% 17.55%
Net margin (%) 14.3% 14.04% 13.67% 13.39% 13.06% 13.04% 13.28% 13.41%
FCF / Net Income (%) 10.95% 16.55% 15.47% 10.34% 12.14% 12.99% 13.48% 12.84%

Profitability

        
ROA 6.74% 6.42% 6.51% 6.64% 6.83% 6.64% 6.88% 7.03%
ROE 9.89% 9.57% 9.4% 10.02% 10.26% 10.18% 10.52% 10.76%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 22.24% 23.51% 21.64% 19.62% 17.96% 16.31% 15.37% 14.64%
CAPEX / EBITDA (%) 56.05% 63.34% 59.03% 55.85% 48.3% 49.93% 47.86% 46.14%
CAPEX / FCF (%) 203.06% 142.09% 139.94% 189.76% 147.95% 125.54% 114.09% 114.06%

Items per share

        
Cash flow per share 1 12.09 15.03 15.37 - 14.19 14.51 14.92 15.44
Change - 24.3% 2.23% - - 2.24% 102.83% 103.48%
Dividend per Share 1 2.975 3.29 3.298 - 4.83 4.733 5.16 5.521
Change - 10.59% 0.25% - - -2% 109.02% 106.99%
Book Value Per Share 1 53.91 56.11 58.92 - 62.87 64.62 66.62 68.65
Change - 4.09% 5% - - 2.79% 103.09% 103.05%
EPS 1 5.18 5.27 5.67 5.88 6.15 6.577 6.99 7.326
Change - 1.74% 7.59% 3.7% 4.59% 6.94% 106.29% 104.81%
Nbr of stocks (in thousands) 20,475,483 20,475,483 20,475,483 21,362,827 21,390,880 21,442,551 21,442,551 21,442,551
Announcement Date 3/19/20 3/25/21 3/23/22 3/23/23 3/21/24 - - -
1CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
19
Last Close Price
70.21CNY
Average target price
80.74CNY
Spread / Average Target
+14.99%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. 941 Stock
  4. Financials China Mobile Limited