China Mobile (China Mobile) Capex-to-Operating-Income : 0.93 (As of Mar. 2024)

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What is China Mobile Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

China Mobile's Capital Expenditure for the three months ended in Mar. 2024 was $-4,787.61 Mil. Its Operating Income for the three months ended in Mar. 2024 was $5,175.03 Mil.

Hence, China Mobile's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.93.

China Mobile Capex-to-Operating-Income Historical Data

The historical data trend for China Mobile's Capex-to-Operating-Income 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.

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China Mobile Capex-to-Operating-Income Chart

China Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Operating-Income

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1.68

1.59

1.67

1.41

1.26

China Mobile Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Capex-to-Operating-Income	Get a 7-Day Free Trial															1.17	0.76	0.97	4.36	0.93

Competitive Comparison of China Mobile's Capex-to-Operating-Income

For the Telecom Services subindustry, China Mobile's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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's Capex-to-Operating-Income Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where China Mobile's Capex-to-Operating-Income falls into.

China Mobile Capex-to-Operating-Income Calculation

China Mobile's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-25386.264)	/	20227.024
	=	1.26

China Mobile's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-4787.614)	/	5175.033
	=	0.93

China Mobile (NYSE:CHL) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.

China Mobile Capex-to-Operating-Income Related Terms

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China Mobile (China Mobile) Business Description

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941:Mexico 00941:Hong Kong CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll 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 2G/4G/5G network through China Broadnet. Strong 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.