advanc vs chmobile: Financial Comparison and Investment Outlook
Investors often consider advanc vs chmobile when exploring telecom stocks in Asia. Advanc (AIS) is the market leader in Thailand, while China Mobile operates on a global scale. This article reviews their revenue, profit, cash flow, and dividends with data from official sources.
Financial Performance of advanc
In FY2023, advanc reported total revenue of about THB 185 billion and net profit of THB 27 billion. EBITDA reached THB 80 billion, while free cash flow stood near THB 30 billion. The company maintained a dividend payout ratio of roughly 70%. (Source: SET Thailand)
Financial Performance of chmobile
In 2023, chmobile (China Mobile) generated revenue of CNY 1.01 trillion with net profit of CNY 131.8 billion. EBITDA totaled CNY 341.5 billion, and free cash flow was CNY 123.5 billion. CAPEX spending reached CNY 180.3 billion. (Source: China Mobile Annual Results 2023)
Comparison Table
| Item | advanc (AIS, FY2023) | chmobile (China Mobile, FY2023) |
|---|---|---|
| Total Revenue | THB 185 billion | CNY 1.01 trillion |
| Net Profit | THB 27 billion | CNY 131.8 billion |
| EBITDA | THB 80 billion | CNY 341.5 billion |
| Free Cash Flow | THB 30 billion | CNY 123.5 billion |
| CAPEX | THB 30 billion | CNY 180.3 billion |
| Dividend Payout | ~70% | ~71% |
Investment Outlook
The financial analysis of advanc and chmobile shows clear differences in scale. Advanc offers stability and consistent dividends within Thailand. On the other hand, China Mobile demonstrates global leadership, larger cash flow, and heavy 5G investment. Therefore, choosing between AIS and China Mobile depends on whether investors want domestic stability or global growth exposure.
More financial insights at Bookkeeping
FAQ: advanc vs chmobile
What is the main difference between advanc and chmobile?
The key difference lies in scale. advanc (AIS) is Thailand’s largest telecom company, focusing mainly on domestic mobile services, broadband, and digital solutions. Chmobile (China Mobile), however, is the world’s largest telecom operator with hundreds of millions of global users. Therefore, while advanc dominates its local market, chmobile clearly operates on a much larger international stage.
Is advanc a good dividend stock compared to chmobile?
Yes, both are strong dividend stocks. advanc maintains a payout ratio of around 70%, which provides stable and consistent returns for Thai investors. In addition, chmobile also offers a payout ratio close to 71%, with higher absolute dividend value due to its massive scale. As a result, investors seeking local stability may prefer advanc, while those looking for global exposure often choose chmobile.
How do advanc and chmobile compare in terms of revenue and profit?
In FY2023, advanc reported revenue of about THB 185 billion and net profit of THB 27 billion. Meanwhile, chmobile posted revenue of CNY 1.01 trillion and net profit of CNY 131.8 billion. Clearly, chmobile is much larger in terms of financial scale. However, advanc remains a strong performer in Thailand, and it delivers consistent profitability in its home market. Therefore, this comparison highlights the domestic versus global nature of their businesses.
Which company has stronger cash flow: advanc or chmobile?
Chmobile shows stronger cash flow, generating CNY 123.5 billion in free cash flow in 2023. Advanc, on the other hand, produced around THB 30 billion in free cash flow. As a result, chmobile demonstrates superior financial strength. However, advanc’s steady cash flow ensures it can continue investing in 5G and pay reliable dividends. In addition, advanc’s smaller market size allows it to adapt quickly to changes in Thai consumer demand.
Which stock should investors choose: advanc or chmobile?
The choice depends on investment goals. For example, investors seeking stable dividends and exposure to the Thai market may prefer advanc. On the other hand, those who want global scale, massive revenue, and strong 5G growth may choose chmobile. Therefore, a balanced portfolio could include both, combining local stability with international growth potential.
Where can I find official financial data for advanc and chmobile?
Investors can access official data from credible sources. For example, SET Thailand – ADVANC Company Profile provides audited financial results for advanc. In addition, China Mobile Annual Results 2023 presents detailed reports on chmobile’s performance. Therefore, these references help ensure accuracy in financial analysis.
