【华创证券：维持中国移动“推荐”评级，经营性现金流显著改善】金十数据3月21日讯，华创证券研报指出，中国移动24年收入增长有所放缓，利润维持5%以上增长。2024年公司持续深化基于规模的价值经营，统筹推进CHBN 全向发力，持续构建高质量发展新格局。2024年公司各项资本开支合计约人民币1,640亿元。2025年公司预计资本开支合计约为 1,512亿元，主要用于连接基础设施优化、算力基础设施升级、面向长远的基础设施布局以及支撑CHBN科技创新、感知提升等方面。预计2025年算力资本开支373亿元，占总资本开支24.7%。2024Q4公司实现经营性现金流916.66亿元，同比+38.67%，整体恢复良好。公司为全球网络规模第一、客户规模第一、收入规模第一、盈利水平领先的通信和信息服务提供商，收入及利润规模稳步增长具有强支撑，同时公司派息率持续提升，具有高红利投资价值。维持“推荐”评级。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.