China Mobile Limited (HKEX:0941) Annual Report 2021



The latest annual report of China Mobile Limited (0941) was published on 31 Dec 2021. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - 0941 Annual Results

Amounts in CNY

Total Revenue
848.26B
Gross Profit
421.94B
EBIT
119.71B
Net Tangible Assets
1.15T
Net Income
116.15B
Capital Expenditures
-202.67B

0941 Income Statement 2021 Annual Report

As per the latest Income Statement of 0941, the Net revenue increased by ¥80.188B (10%) compared to the previous period. The operating income in 2021 increased by ¥5.43B (5%). The net income as per the annual report was 116.15B which increased by ¥8.305B (8%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue848.26B768.07B
Gross Profit421.94B394.15B
Operating Income119.71B114.28B
Income Before Tax152.18B142.36B
Net Income116.15B107.84B

Balance Sheet - 0941 2021 Annual Report

Read further: 0941 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of China Mobile Limited showed the company increased the cash on balance sheet by ¥31.214B (15%). The Net tangible assets of 0941 on the balance sheet were at 1.15T which is ¥56.929B (5%) more than previous annual report. The total stockholder equity also increased by ¥57.434B (5%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash243.94B212.73B
Total Assets1.84T 1.73T
Long Term Debt--
Total Liabilities631.03B 575.11B
Total Shareholder Equity1.21T1.15T
Net Tangible Assets1.15T1.09T

Cash Flow Statement - 0941 2021 Annual Report

The 2021 annual cash flow statement of China Mobile Limited showed that the net income increased by ¥8.305B (8%) compared to previous reporting period. Also the capital expenditure of 0941 decreased by ¥-13.096B (-7%).

As of 2021, the total cash from investing activities was -238.3B and total cash from financing activities was -45.2B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income116.15B107.84B
Capital Expenditures-202.67B-189.58B
Dividends Paid-57.59B-59.73B
Total Cash From From Investing Activities-238.3B-188.11B
Total Cash From From Financing Activities-45.2B-82.25B

China Mobile Limited Annual Report History

Income Statement

Income Statement history of China Mobile Limited (HKEX:0941)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue848.26B768.07B745.92B736.82B
Cost Of Revenue426.32B373.92B336.12B360.33B
Gross Profit421.94B394.15B409.8B376.49B
Research Development----
Selling General Administrative61.98B62.17B67.76B60.33B
Non Recurring----
Other Operating Expenses47.21B45.3B43.16B39.36B
Total Operating Expenses728.55B653.79B629.86B614.17B
Operating Income119.71B114.28B116.06B122.64B
Total Other Income Expense Net32.47B28.08B26.07B31.25B
Ebit119.71B114.28B116.06B122.64B
Interest Expense-2.51B-2.98B-3.24B-142M
Income Before Tax152.18B142.36B142.13B153.9B
Income Tax Expense35.88B34.22B35.34B35.94B
Minority Interest3.94B3.86B3.52B3.4B
Net Income From Continuing Ops116.31B108.14B106.79B117.95B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income116.15B107.84B106.64B117.78B
Net Income Applicable To Common Shares116.15B107.84B106.64B117.78B

Balance Sheet Statement

Balance Sheet Statement history of China Mobile Limited (HKEX:0941)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash243.94B212.73B175.93B57.3B
Short Term Investments122.93B147.11B130.8B291.89B
Net Receivables53.97B53.56B73.18B71.67B
Inventory10.2B8.04B7.34B8.86B
Other Current Assets22B21.32B20.83B1.97B
Total Current Assets595.37B579.74B529.87B535.12B
Long Term Investments258.86B177.92B160.87B145.91B
Property Plant Equipment850.4B842.29B817.12B738.68B
Good Will35.34B35.34B35.34B35.34B
Intangible Assets23.91B23.41B19.96B19.21B
Other Assets77.45B69.18B66.08B61.65B
Deferred Long Term Asset Charges43.22B39B32.63B29.65B
Total Assets1.84T1.73T1.63T1.54T
Accounts Payable165.46B172.55B167.71B194.07B
Short Long Term Debt26.06B---
Other Current Liab278.95B220.72B187.7B186.38B
Other Liab17.96B15.38B8.25B5.7B
Deferred Long Term Liab17.84B14.49B15.99B6.97B
Minority Interest3.94B3.86B3.52B3.4B
Total Current Liabilities582.15B517.27B462.07B474.4B
Total Liab631.03B575.11B521.95B480.1B
Common Stock402.13B402.13B402.13B402.13B
Retained Earnings1.07T1.01T964.28B913.96B
Treasury Stock-261.85B-260.72B-262.64B-263.69B
Capital Surplus-302.86B---
Other Stockholder Equity-261.85B-260.72B-262.64B-263.69B
Total Stockholder Equity1.21T1.15T1.1T1.05T
Net Tangible Assets1.15T1.09T1.05T997.85B
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of China Mobile Limited (HKEX:0941)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income116.15B107.84B106.64B117.78B
Depreciation193.04B172.4B182.82B154.62B
Change To Netincome-22.63B-18.65B-17.87B-20.72B
Change To Account Receivables-3.63B-9.58B-12.04B-7.93B
Change To Liabilities5.47B30.84B-6.71B-35.99B
Change To Inventory-2.44B-902M1.35B1.21B
Change To Operating Activities28.8B25.81B-6.59B-2.82B
Total Cash From Operating Activities314.76B307.76B247.59B206.15B
Capital Expenditures-202.67B-189.58B-202.37B-192.4B
Investments-50.8B-14.96B125.71B-19.39B
Other Cashflows From Investing Activities19.31B17.04B9.28B12.15B
Total Cashflows From Investing Activities-238.3B-188.11B-64.21B-212.23B
Dividends Paid-57.59B-59.73B-53.27B-59.93B
Net Borrowings-28.5B-27.35B-22.18B-22.18B
Other Cashflows From Financing Activities-7.81B4.82B10.54B2.11B
Total Cash From Financing Activities-45.2B-82.25B-64.9B-57.82B
Effect Of Exchange Rate-53M-607M147M566M
Change In Cash31.21B36.8B118.63B-63.33B
Issuance Of Stock48.7B48.7B48.7B48.7B