Financial Statement Analysis Between China Mobile and...

Financial Statement Analysis between China Mobile China Unicom in HK stock market âž ¢ China Mobile Brief description: The company: China Mobile (Stock Exchange of Hong Kong 941) Competitor: China Unicom (Stock Exchange of Hong Kong 762) It’s now estimated that China has more mobile phone users than any other country. According to statistics provided by the Ministry of Information Industry of the PRC, the number of mobile phone owners throughout the country totaled 539 million in November 2007. However, this is only a 41.5% penetration of the enormous population of 13 billion, and signals immense opportunity. Following the rapid growth of China’s per capita income, increasingly more people are finding†¦show more content†¦Basic EPS grew 31.0% to RMB4.35. This reflected a relatively high level of profitability growth and earnings capability. The Group sustained its robust cash flow as a result of favorable business growth, effective cost control measures, efficient capital expenditure and economies of scale. Net cash generated from operati ng activities and free cash flow reached 168,612 million and 63,473 million, respectively. Total debt to total book capitalization ratio and interest coverage multiple remained at a sound level. This reflected China Mobile’s commitment to consistently practise its prudent management discipline has earned good market recognition. Operating revenue for 2007 reached 356,959 million, up 20.9%. Leased Lines Self-constructed and jointly-constructed lines reached a sizeable scale through the continuous network structure optimization. The Group’s leased line expenses reflected a declining trend. While various businesses were growing at a high pace, the leased line expenses decreased by 121 million. The Group consistently endeavored to drive long-term, sustainable and favorable profitability growth. Margin of profit attributable to shareholders and EBITDA margin in 2007 remained relatively high at 24.4% and 54.3%, respectively. Profit from operations was 124,068 million and mai ntained a rapid and steady growth. EBITDA, profit attributable to shareholders andShow MoreRelatedCan Organisational Culture Be Changed?1376 Words   |  6 Pagescan improve employee satisfaction, customer satisfaction, financial performance and give the organisation a competitive advantage. Internal and external factors have a large impact on the four functions of management within an organisation. What these factors are and the kind of impact they have depends on the business and its particular goals. 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