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China Mobile Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary20 Oct, 2025
Executive summary
Operating revenue for the first three quarters of 2025 reached RMB794.7 billion, up 0.4% year-over-year, with telecommunications services revenue at RMB683.1 billion, up 0.8% year-over-year.
Profit attributable to equity shareholders rose 4.0% year-over-year to RMB115.4 billion, with a margin of 14.5%.
Mobile customers totaled 1,009 million, including 622 million 5G network customers; wireline broadband customers reached 329 million.
Financial highlights
EBITDA increased 0.9% year-over-year to RMB265.4 billion, with an EBITDA margin of 33.4%.
Profit before taxation was RMB146.8 billion, up 3.0% year-over-year.
Earnings per share (basic) was RMB5.34, compared to RMB5.18 in the prior year period.
Net cash generated from operating activities was RMB161.0 billion, down from RMB224.1 billion in the prior year.
Outlook and guidance
The group aims to continue reforms, foster innovation, and pursue operational excellence to drive high-quality development and create greater value for shareholders and customers.
Forward-looking statements caution that actual results may differ due to risks and uncertainties.
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Next China Mobile earnings date
Q4 202522 Mar, 2026
Next China Mobile earnings date
Q4 202522 Mar, 2026
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Frequently asked questions
China Mobile Limited, operating under the trade name of both China Mobile Limited and its ultimate controlling shareholder, China Mobile Communications Group Co., Ltd., is a state-owned enterprise in China. It offers mobile voice and multimedia services through its extensive nationwide mobile telecommunications network across mainland China and Hong Kong. It is one of the largest wireless carriers in China, and over the years it has expanded its services to include voice usage services, voice value-added services, data services (including SMS and MMS), wireless data, wireline broadband, and information services. Additionally, China Mobile provides internet-related services such as mobile payments, IoT devices, digital content, home digital services, and other applications and information services. The company is headquartered in Beijing, China, and its shares are listed on the Hong Kong Stock Exchange.
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