CHL  China Mobile (Hong Kong) Ltd.

Exchange

NYSE

Sector

Public Utilities

Industry

Telecommunications Equipment

Market Cap.

222.4B

Very Strong Balance Sheet

CHL has more Cash than its Total Liabilities, resulting in $1.11 Net Cash per share. In other words, if you buy CHL today, the price you're paying for shares is actually $54.21 because $1.11 of Cash is included in the current share price. This much Cash is very healthy. It can help CHL sustain itself in the face of any economic turmoil and makes a stock buyback more of a possibility.
Figures in CNY. Fiscal year ends in December
2002200320042005200620072008200920102011
Cash 32.57B 41.71B 45.14B 67.10B 71.10B 78.86B 87.43B 264.51B 292.35B 332.95B
Current Assets 59.22B 74.04B 79.89B 126.05B 171.35B 207.62B 240.17B 287.36B 321.88B 382.69B
Total Assets 284.89B 327.60B 368.68B 438.31B 494.21B 563.45B 657.70B 751.37B 861.94B 952.56B
Current Liabilities 60.12B 83.31B 97.65B 114.47B 140.48B 154.94B 180.57B 209.81B 255.63B 273.24B
Total Liabilities 112.69B 115.67B 135.56B 154.29B 175.51B 189.72B 215.42B 244.62B 285.78B 303.49B
Stockholder' Equity 172.19B 211.93B 233.12B 284.02B 318.70B 373.73B 442.28B 506.75B 576.16B 649.06B
Current Ratio 0.99 0.89 0.82 1.10 1.22 1.34 1.33 1.37 1.26 1.40
TL-to-TA 0.40 0.35 0.37 0.35 0.36 0.34 0.33 0.33 0.33 0.32

Consistent Reinvestment of Profits over the past 10 years

CHL has consistently retained profits. This may put CHL in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, CHL can greatly improve their long-term economic picture.
Figures in CNY. Fiscal year ends in December
2002200320042005200620072008200920102011
Retained Earnings 71.31B 90.65B 109.08B 137.85B 158.56B 193.79B 239.59B 281.26B - 374.70B
Retained Earnings Growth - 27.11% 20.33% 26.38% 15.03% 22.22% 23.63% 17.39% -100.00% -