...in Standard Chinese only, other varieties having very different pronunciations, right?
In Classical Chinese actually. Mandarin, which I assume you mean, is not the language these characters were designed for. But it is related enough that the phonetic hints often (but not always) help.
In Classical Chinese actually. Mandarin, which I assume you mean, is not the language these characters were designed for. But it is related enough that the phonetic hints often (but not always) help.