中国电信(00728) - 2023 Q1 - 季度业绩

Financial Performance - The operating revenue for Q1 2023 was RMB 130.588 billion, an increase of 9.2% year-on-year, with service revenue at RMB 118.478 billion, up 7.7%[1] - EBITDA for Q1 2023 reached RMB 33.874 billion, growing by 4.7% compared to the same period last year, with an EBITDA margin of 28.6%[1][5] - Profit attributable to shareholders was RMB 7.984 billion, reflecting a 10.5% increase year-on-year, with basic earnings per share at RMB 0.09, up 12.5%[3][5] - The net profit for Q1 2023 was RMB 7.972 billion, an increase from RMB 7.264 billion in the same period last year[10] - The total comprehensive income was RMB 7,883 million, an increase of 11.7% compared to RMB 7,055 million for the same period in 2022[11] - The net profit attributable to shareholders of the company was RMB 7,984 million, up 10.5% from RMB 7,223 million year-over-year[11] - The basic and diluted earnings per share for the period were both RMB 0.09, compared to RMB 0.08 in the same period last year, reflecting a 12.5% increase[11] User Growth and Service Metrics - The total number of mobile users reached 399.87 million, with a net increase of 7.52 million users in Q1 2023[4] - The number of 5G package users increased by 15.25 million to 282.1 million, achieving a penetration rate of 71.0%[4][5] - Fixed broadband users reached 184 million, with a revenue of RMB 31.136 billion, marking a 5.0% year-on-year growth[5] - The average revenue per user (ARPU) for mobile users was RMB 45.8, while the broadband ARPU reached RMB 47.5[5] - The smart home service revenue grew by 15.9% year-on-year, contributing to the overall growth in broadband services[5] Digital Transformation and Future Growth - The company is focusing on digital transformation and enhancing 5G network coverage to improve user experience and service quality[5] - In Q1 2023, the company's digital industry revenue reached RMB 34.971 billion, representing an 18.9% year-over-year growth[6] - The company aims to enhance its digital capabilities and strengthen core technologies to drive future growth[6] - The company plans to deepen its reform mechanisms and stimulate employee innovation to improve core competitiveness[6] Financial Position and Assets - Total assets at the end of the reporting period were RMB 823.656 billion, a 2.0% increase from the previous year[3] - The company's total assets as of March 31, 2023, were RMB 823.656 billion, up from RMB 807.698 billion at the end of 2022[8] - The total liabilities as of March 31, 2023, were RMB 379.345 billion, compared to RMB 371.271 billion at the end of 2022[8] - The company reported a total of RMB 40.734 billion in net accounts receivable as of March 31, 2023, compared to RMB 24.312 billion at the end of 2022[7] - The company’s cash and cash equivalents stood at RMB 74.642 billion as of March 31, 2023, compared to RMB 72.465 billion at the end of 2022[7] Cash Flow and Expenditures - The net cash generated from operating activities was RMB 28,215 million, an increase of 2.2% from RMB 27,613 million in the previous year[12] - Capital expenditures for the period were RMB 14,504 million, down 7.4% from RMB 15,669 million in the same period last year[12] - The company reported a net cash outflow from investing activities of RMB 15,943 million, an improvement from RMB 17,617 million in the previous year[12] - The net cash used in financing activities was RMB 9,977 million, a decrease of 26.5% compared to RMB 13,559 million in the same period last year[12] - As of March 31, 2023, cash and cash equivalents amounted to RMB 74,642 million, an increase from RMB 69,698 million at the end of the same period last year[12] Cautionary Statements - The company emphasized that the financial and operational data provided are based on management accounts and are unaudited, urging investors to exercise caution[15] - Forward-looking statements regarding development strategies and future business plans are subject to known and unknown risks and uncertainties, which may cause actual results to differ significantly from those implied[15]