China Mobile (600941, SH) released its 2021 annual report. According to the annual report, China Mobile’s annual operating revenue in 2021 reached 848258 billion yuan, a year-on-year increase of 10.4%; The net profit attributable to the parent company was 115937 billion yuan (the average daily net profit was about 318 million yuan), a year-on-year increase of 7.5%. So far, the performance of the three operators in 2021 has been in line, with a total profit of 148194 billion yuan and an average daily profit of about 406 million yuan.
Overall, the performance of the three operators reached a new high in 2021.
Specifically, China Mobile achieved a revenue of 848258 billion yuan in 2021, a year-on-year increase of 10.4%, and the growth rate reached a ten-year high; The net profit attributable to the parent company was 115937 billion yuan, a year-on-year increase of 7.5%. The company plans to pay dividends of 70.11 billion yuan.
China Telecom Corporation Limited(601728) achieved revenue of 434159 billion yuan in 2021, a year-on-year increase of 11.3%; The net profit attributable to the parent company was 25.952 billion yuan, with a year-on-year increase of 24.4%. The company plans to pay dividends of 15.569 billion yuan.
China United Network Communications Limited(600050) in 2021, the revenue reached 327854 billion yuan, year-on-year increase of 7.9%, the net profit attributable to the parent company was 6.305 billion yuan, a year-on-year increase of 14.2%, and the company plans to pay dividends of 6.609 billion yuan.
According to the financial report of China Central Television, 5g business and digital business have been the focus of the layout of the three major operators in recent years. In terms of 5g business, the number of 5g package users of China Mobile reached 387 million in 2021, ranking first in the industry, but the penetration rate was 40.44%. The penetration rate is 50% and 48% respectively higher than 6000g. At present, the number of 5g users has exceeded 700 million.
