china mobile equity, debt and subsidiaries

Accuracy score :
97%

China Mobile Ltd ADR  CHL

Summary (from latest quarterly  report – 2015)

  • Total equity  : 136.47 billion USD
  • Market Cap is 228.2 billion USD ( last price of the stock is 55.72 USD)
  • China Mobile Ltd provides cellular telecommunications and related services in the People's Republic of China and Hong Kong SAR. It offers voice services, voice value-added services & telecommunications network planning
  • Equity of total company increased from 131 billion USD in 2014 to 136.47 billion in 2015
  • Company has 15.42 billion USD in cash on account
  • Total equity – cash on account = 136.47 billion usd – 15.42 billion usd = 121.05 billion usd
  • In 2015 company has 763 million usd long-term debt, short – term debt was zero

In 2014 company had 762 million usd long-term debt, short-term debt was zero

  • China Mobile balance sheet has become stronger in 2015 (In latest quarterly report - total equity increased to 136.47 billion USD from 131 in 2014, total debt was 763 million usd in 2015)
  • Company's revenue increased in latest annual report  to 98.13 billion usd from 96.41 billion in 2013
  • Net income in 2014 was 16.71 billion usd, net income in 2013 was 18.61 billion usd
  •  In 2014 company paid 7.8 billion usd dividend to its shareholders

 

China Mobile Ltd  Subdiaries

China Mobile Ltd provides cellular telecommunications and related services in the People's Republic of China and Hong Kong SAR. It offers voice services, voice value-added services & telecommunications network planning.  With more than 826 million customers, China Mobile not only dwarfs its Chinese competitors, but is also the world's largest wireless telephone company by far. China Mobile controls the vast majority of its domestic mobile services. China Mobile expanded overseas in 2007 with the purchase of Paktel in Pakistan for 284 million usd, launching the Zong brand there a year later. In May 2008, the company took over China Tietong for 5 billion usd, a fixed-line telecom and the then third-largest broadband ISP in China, adding Internet services to its core business of mobile services. China Mobile operates a GSM network, which encompasses all 31 provinces, autonomous regions, and directly administered municipalities in Mainland China and includes Hong Kong, too. In October 2014, Nokia and China Mobile signed a $970 million framework deal for delivery between 2014 and 2015.:

 

  •  China Mobile expanded overseas in 2007 with the purchase of Paktel in Pakistan for 284 million usd
  • In May 2008, the company took over China Tietong for 5 billion usd
  • About 45 subsidiaries operate under the China Mobile name - worth 202.24 billion usd
  • Subsidiaries which operate under the own name are : Aspire Holdings Limited, Aspire (BVI) Limited, Aspire Technologies (Shenzhen) Limited, Aspire Information Network (Shenzhen) Limited, Aspire Information Technologies, Fujian FUNO Mobile Communication Technology , Advanced Roaming & Clearing House Limited, Fit Best Limited – worth 350 million usd
  • China Mobile has shares in : China Motion United Telecom Limited, Shenzhen China Motion Telecom United Limited, China Tower Corporation Limited (“Tower Company”), Shanghai Pudong Development Bank Co., Ltd. (“SPD Bank”), IFLYTEK Co., Ltd, True Corporation Public Company Limited - worth 11 billion usd
  • In 2014 China Mobile has agreed to buy an 18 percent stake in Thai telecoms group True Corp for 881 million usd

 

 

Total =219.75 billion usd

 

Opinion about the company

Fundamentally it is a very good company  and in the future we can expect its growth (Total debt is small (763 million usd), company has 15.43 billion USD in cash on account,  ROE is around 12%).