China Mobile Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of China Mobile Ltd (CHL) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: China Mobile Ltd vs Its Competitors
- TTM: Trailing 12-month revenue of 125,966M vs 44,165M combined for tracked competitors (74.0% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months), vs accelerating (+55.7%) for its tracked peer group.
- Growth: China Mobile Ltd generated 10.4% revenue growth year over year in Q4 2021, vs -58.3% for its tracked competitors combined.
- Profitability: Its 13.7% net margin compares with 20.2% for the peer group.
- Peer revenue share: China Mobile Ltd accounted for 88.0% of combined revenue among its tracked peer group, up from 73.5% a year earlier.
- Peer differentiation: Revenue per employee of $0.28M compares with $0.89M for the peer group (0.3x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
CHL Sales vs. its Competitors, Q4 2021
China Mobile Ltd reported revenue growth of 10.44 % year on year in Q4 2021, above its competitors' combined revenue change of -58.26 %.
With a net margin of 13.71 %, China Mobile Ltd reported lower profitability than its competitors (20.24 %).
China Mobile Ltd generated 87.99 % of the combined sales of its peer group, up from 73.47 % a year earlier.
China Mobile Ltd vs. its Competitors, Q4 2021
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across China Mobile Ltd and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| China Mobile Ltd | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (3) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across China Mobile Ltd's competitor groups requires a Commercial License.
For context: the Communications Services industry grew revenue 7.4% year over year, combined, vs 10.4% for China Mobile Ltd. China Mobile Ltd's share of combined industry revenue moved from 10.47% to 10.77%, a gain of 0.30 percentage points.
China Mobile Ltd's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| China Mobile Ltd | - | - | - | - |
| Competitors combined (5) | ||||
| High-Confidence Competitors (3) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
CHL Stock Performance relative to its Competitors
CHL Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Sk Telecom Co Ltd | 282.9% | Outperformed |
| 2 | Kt Corporation | 282.9% | Outperformed |
| 3 | Gds Holdings Limited | 282.9% | Outperformed |
| 4 | Chaince Digital Holdings Inc | 282.9% | Outperformed |
| 5 | Fingermotion Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for China Mobile Ltd's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of China Mobile Ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| China Mobile Ltd | 112,656.11 | 125,966.31 |
| Gds Holdings Limited | 52,066.67 | 1,696.93 |
| Chaince Digital Holdings Inc | 4,776.43 | 274.44 |
| Fingermotion Inc | 8.67 | 16.32 |
| Sk Telecom Co Ltd | - | 15,902.27 |
| Kt Corporation | - | 26,275.47 |
| SUBTOTAL | 169,507.89 | 170,131.74 |
Sources: China Mobile Ltd's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on China Mobile Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
China Mobile Ltd's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Fingermotion Inc | Named by the company | 85% |
| Gds Holdings Limited | Named by the company | 85% |
| Vnet Group inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for China Mobile Ltd's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
China Mobile Ltd's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| China Mobile Ltd | 112,656 | 276,075 | 37,853 |
| Gds Holdings Limited | 52,067 | 919,249 | 77,175 |
| Chaince Digital Holdings Inc | 4,776 | 208,696 | 71,846 |
| Fingermotion Inc | 9 | 255,056 | -108,457 |
| Sk Telecom Co Ltd | - | 679,149 | 14,898 |
| Kt Corporation | - | 1,154,966 | 74,586 |
| PEERS TOTAL | 56,852 | 894,218 | 46,075 |
China Mobile Ltd's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months).
Weaknesses
No rule matched.
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
China Mobile Ltd's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| China Mobile Ltd | 0.42 | 1.02 | 0.01 |
| Gds Holdings Limited | 2.03 | 2.60 | 0.95 |
| Chaince Digital Holdings Inc | 0.74 | 1.59 | 0.94 |
| Fingermotion Inc | 0.02 | 1.15 | 0.05 |
| Sk Telecom Co Ltd | 0.23 | 1.03 | 0.09 |
| Kt Corporation | 0.30 | 1.19 | 0.43 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
China Mobile Ltd's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| China Mobile Ltd | Q4 2021 | +10.4 % | +7.6 % |
| Gds Holdings Limited | Q4 2025 | +10.8 % | -71.0 % |
| Chaince Digital Holdings Inc | Q1 2026 | -38.7 % | +90.3 % |
| Fingermotion Inc | Q2 2026 | -92.3 % | - |
| Sk Telecom Co Ltd | Q4 2025 | -4.7 % | -73.0 % |
| Kt Corporation | Q4 2025 | +7.1 % | +348.7 % |
| PEERS TOTAL | +8.2 % | +7.0 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
China Mobile Ltd's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| China Mobile Ltd | Q4 2021 | +31.4 % | +6.9 % |
| Gds Holdings Limited | Q4 2025 | +9.2 % | +48.0 % |
| Chaince Digital Holdings Inc | Q1 2026 | - | - |
| Fingermotion Inc | Q2 2026 | -88.5 % | - |
| Sk Telecom Co Ltd | Q4 2025 | -4.3 % | -11.3 % |
| Kt Corporation | Q4 2025 | - | - |
China Mobile Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| China Mobile Ltd | 6.32% | 9.24% | 9.61% |
| Gds Holdings Limited | 1.20% | 1.32% | 3.60% |
| Chaince Digital Holdings Inc | 3.75% | 4.20% | 7.94% |
| Fingermotion Inc | - | - | - |
| Sk Telecom Co Ltd | 1.25% | 1.59% | 2.90% |
| Kt Corporation | 4.24% | 5.85% | 9.40% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
China Mobile Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| China Mobile Ltd | 6.26 | 0.89 |
| Gds Holdings Limited | 57.56 | 30.68 |
| Chaince Digital Holdings Inc | 93.14 | 17.40 |
| Fingermotion Inc | 1.18 | 0.53 |
| Sk Telecom Co Ltd | 7.71 | - |
| Kt Corporation | 5.18 | - |
| PEERS AVERAGE | 8.67 | 1.00 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.