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China United Network Communications (600050) investor relations material
China United Network Communications Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary23 Oct, 2025
Executive summary
Achieved operating revenue of RMB 92.78 billion in Q3 2025, flat year-over-year; YTD revenue reached RMB 292.99 billion, up 1.0% year-over-year.
Net profit attributable to shareholders was RMB 2.42 billion in Q3, up 5.4% year-over-year; YTD net profit reached RMB 8.77 billion, up 5.2% year-over-year.
Non-recurring items contributed RMB 380 million in Q3 and RMB 1.15 billion YTD.
Mobile users reached 356 million, net increase of 12.48 million; broadband users at 129 million, net increase of 6.79 million; IoT connections exceeded 700 million.
Unicom Cloud revenue reached RMB 52.9 billion; data center revenue RMB 21.4 billion, up 8.9% year-over-year.
Financial highlights
Q3 operating revenue: RMB 92.78 billion (flat year-over-year); YTD: RMB 292.99 billion (+1.0%).
Q3 net profit attributable to shareholders: RMB 2.42 billion (+5.4%); YTD: RMB 8.77 billion (+5.2%).
Q3 basic/diluted EPS: RMB 0.078 (+5.4%); YTD: RMB 0.281 (+5.2%).
Q3 net cash from operating activities: RMB 58.36 billion YTD (+0.2% year-over-year).
Total assets at period end: RMB 671.35 billion; shareholders’ equity: RMB 171.93 billion.
Outlook and guidance
Will continue to implement integrated innovation strategy, deepen network, digital intelligence, and digital-real economy integration, and advance network, technology, and service upgrades.
What factors drove the profit growth beyond revenue?
What are the key investment areas driving negative cash flow?
What is the risk from guarantees to high-debt units?
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Next China United Network Communications earnings date
Q4 20255 Feb, 2026
Next China United Network Communications earnings date
Q4 20255 Feb, 2026
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Frequently asked questions
China United Network Communications Limited, commonly known as China Unicom, is a telecommunications company providing a wide range of services, including mobile communications, fixed-line broadband, data center services, and cloud computing. The company also offers enterprise solutions such as IoT services, ICT applications, and big data analytics. The company is headquartered in Beijing, China, and its shares are listed on the SSE.
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