Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

0941 Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for China Mobile Limited (0941), the free cash flow value is 112.091B.

All amounts in CNY

Operating Cash
314.76B
Capital Expenditure
-202.67B
Free Cash Flow
112.091B

China Mobile Limited has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

0941 Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for 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