China Mobile Return On Asset vs. Total Debt
| 600941 Stock | 106.38 0.33 0.31% |
For China Mobile profitability analysis, we use financial ratios and fundamental drivers that measure the ability of China Mobile to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well China Mobile Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between China Mobile's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of China Mobile Limited over time as well as its relative position and ranking within its peers.
China |
China Mobile Limited Total Debt vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining China Mobile's current stock value. Our valuation model uses many indicators to compare China Mobile value to that of its competitors to determine the firm's financial worth. China Mobile Limited is number one stock in return on asset category among its peers. It also is the top company in total debt category among its peers making up about Huge of Total Debt per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value China Mobile by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China Mobile's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.China Total Debt vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
China Mobile |
| = | 0.0461 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
China Mobile |
| = | 646.67 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
China Total Debt vs Competition
China Mobile Limited is the top company in total debt category among its peers. Total debt of Communication Services industry is presently estimated at about 661.21 Billion. China Mobile totals roughly 646.67 Billion in total debt claiming about 98% of stocks in Communication Services industry.
China Mobile Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in China Mobile, profitability is also one of the essential criteria for including it into their portfolios because, without profit, China Mobile will eventually generate negative long term returns. The profitability progress is the general direction of China Mobile's change in net profit over the period of time. It can combine multiple indicators of China Mobile, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 924.9 B | 971.1 B | |
| Operating Income | 144.4 B | 108.1 B | |
| Income Before Tax | 170.5 B | 123 B | |
| Total Other Income Expense Net | 1.8 B | 1.7 B | |
| Net Income | 131.8 B | 96 B | |
| Income Tax Expense | 42.9 B | 30.8 B | |
| Net Interest Income | 3.6 B | 5.7 B | |
| Interest Income | 7.3 B | 8.1 B | |
| Net Income From Continuing Ops | 131.9 B | 129.5 B |
China Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on China Mobile. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of China Mobile position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the China Mobile's important profitability drivers and their relationship over time.
Use China Mobile in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Mobile position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Mobile will appreciate offsetting losses from the drop in the long position's value.China Mobile Pair Trading
China Mobile Limited Pair Trading Analysis
The ability to find closely correlated positions to China Mobile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Mobile when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Mobile - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Mobile Limited to buy it.
The correlation of China Mobile is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Mobile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Mobile Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Mobile can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your China Mobile position
In addition to having China Mobile in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Communication Thematic Idea Now
Communication
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Theme or any other thematic opportunities.
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Other Information on Investing in China Stock
To fully project China Mobile's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of China Mobile Limited at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include China Mobile's income statement, its balance sheet, and the statement of cash flows.