GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » Net Cash per Share

China Mobile (China Mobile) Net Cash per Share : $-9.56 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is China Mobile Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). China Mobile's Net Cash per Share for the quarter that ended in Mar. 2024 was $-9.56.

The historical rank and industry rank for China Mobile's Net Cash per Share or its related term are showing as below:

CHL's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 7.44
* Ranked among companies with meaningful Price-to-Net-Cash only.

China Mobile Net Cash per Share Historical Data

The historical data trend for China Mobile's Net Cash per Share 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.

* Premium members only.

China Mobile Net Cash per Share Chart

China Mobile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.64 -3.38 -5.18 -10.25 -9.82

China Mobile Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.86 -9.88 -10.42 -9.82 -9.56

Competitive Comparison of China Mobile's Net Cash per Share

For the Telecom Services subindustry, China Mobile's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where China Mobile's Price-to-Net-Cash falls into.



China Mobile Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

China Mobile's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(50968.18-90567.771-595.642)/4095.1
=-9.82

China Mobile's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(52228.841-90782.615-595.293)/4095.1
=-9.56

* 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.


China Mobile  (NYSE:CHL) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


China Mobile Net Cash per Share Related Terms

Thank you for viewing the detailed overview of China Mobile's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


China Mobile (China Mobile) Business Description

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

China Mobile (China Mobile) Headlines

From GuruFocus

Matthews China Fund Made 6 New Buys in 2nd Quarter

By David Goodloe David Goodloe 07-29-2016

Full Year 2019 China Mobile Ltd Earnings Call Transcript

By GuruFocus Research 03-03-2024

Risk-Reward With China Mobile

By Jonathan Poland Jonathan Poland 01-29-2018

Full Year 2021 China Mobile Ltd Earnings Call Transcript

By GuruFocus Research 03-03-2024

3-High Earnings Yield Stocks

By Alberto Abaterusso Alberto Abaterusso 05-21-2019

Half Year 2021 China Mobile Ltd Earnings Call Transcript

By GuruFocus Research 03-03-2024