China Mobile Limited Stock Total Asset
China Mobile Limited fundamentals help investors to digest information that contributes to China Mobile's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Mobile's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Mobile stock.
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China Mobile Limited Company Total Asset Analysis
China Mobile's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current China Mobile Total Asset | 286.02 B |
Most of China Mobile's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Mobile Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
CompetitionBased on the latest financial disclosure, China Mobile Limited has a Total Asset of 286.02 B. This is much higher than that of the Communication Services sector and 160.31% higher than that of the Telecom Services industry. The total asset for all United States stocks is significantly lower than that of the firm.
China Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Mobile's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Mobile could also be used in its relative valuation, which is a method of valuing China Mobile by comparing valuation metrics of similar companies.China Mobile is currently under evaluation in total asset category among related companies.
China Fundamentals
| Return On Equity | 9.63 | |||
| Return On Asset | 4.29 | |||
| Profit Margin | 14.12 % | |||
| Current Valuation | 112.66 B | |||
| Shares Outstanding | 4.1 B | |||
| Shares Owned By Institutions | 1.96 % | |||
| Number Of Shares Shorted | 2.17 M | |||
| Price To Earning | 6.32 X | |||
| Price To Book | 0.72 X | |||
| Price To Sales | 1.86 X | |||
| Revenue | 112.28 B | |||
| Gross Profit | 409.8 B | |||
| EBITDA | 44.76 B | |||
| Net Income | 17.81 B | |||
| Cash And Equivalents | 71.25 B | |||
| Cash Per Share | 17.40 X | |||
| Total Debt | 18.59 B | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 1.11 X | |||
| Book Value Per Share | 38.29 X | |||
| Cash Flow From Operations | (3.43 B) | |||
| Short Ratio | 0.76 X | |||
| Earnings Per Share | 4.35 X | |||
| Number Of Employees | 456.24 K | |||
| Beta | 0.5 | |||
| Market Capitalization | 109.59 B | |||
| Total Asset | 286.02 B | |||
| Working Capital | (4.01 B) | |||
| Current Asset | 56.1 B | |||
| Current Liabilities | 60.11 B | |||
| Z Score | 3.0 | |||
| Five Year Return | 4.23 % | |||
| Last Dividend Paid | 1.97 |
Pair Trading with China Mobile
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.The ability to find closely correlated positions to Corning Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corning Incorporated 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 Corning Incorporated - 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 Corning Incorporated to buy it.
The correlation of Corning Incorporated 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 Corning Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corning Incorporated 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 Corning Incorporated 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.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the China Mobile Limited information on this page should be used as a complementary analysis to other China Mobile's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in China Stock
If you are still planning to invest in China Mobile Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the China Mobile's history and understand the potential risks before investing.
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