Latest Search
Quote
| Back Zoom + Zoom - | |
|
<Research>HTSC Chops CHINA MOBILE (00941.HK) TP to $94.4, Keeps Buy Rating
Recommend 13 Positive 22 Negative 8 |
|
|
|
|
CHINA MOBILE (00941.HK) released its 2025 annual results, with operating revenue increasing by 0.9% YoY to RMB1.0502 trillion, according to Huatai Securities' research report. Its net profit attributable to the parent company decreased by 0.9% YoY to RMB137.1 billion, missing the broker's previous forecast of RMB145.4 billion, mainly due to slight pressure on traditional business revenue. On a comparable basis (excluding the impact of tax allocation from package revenue), net profit attributable to the parent company grew by 2% YoY. The Company possesses higher profitability and long-term growth potential in the digital intelligence era, Huatai Securities added. Considering the impact of value-added tax on results, the broker lowered its valuation premium, assigning CHINA MOBILE's A-/ H-shares a 1.7x/ 1.24x PB ratio for 2026, and chopped its target prices from RMB126.2/ $100.02 to RMB114.3/ $94.4, with both ratings kept at Buy. AASTOCKS Financial News Website: www.aastocks.com |
|
