Home » ZTE Corporation achieved revenue of 83.83 billion yuan in the first three quarters and net profit of 5.85 billion yuan|ZTE|Net Profit|Operators_Sina Technology_Sina

ZTE Corporation achieved revenue of 83.83 billion yuan in the first three quarters and net profit of 5.85 billion yuan|ZTE|Net Profit|Operators_Sina Technology_Sina

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Original title: ZTE achieved revenue of 83.83 billion yuan in the first three quarters and net profit of 5.85 billion yuan

The content of the report shows that from January to September 2021, ZTE achieved operating income of 83.83 billion yuan, a year-on-year increase of 13.1%; net profit attributable to common shareholders of listed companies was 5.85 billion yuan, a year-on-year increase of 115.8%; common stocks attributable to listed companies Shareholders’ net profit after deducting non-recurring gains and losses was 3.34 billion yuan, a year-on-year increase of 130.9%; basic earnings per share were 1.26 yuan.

From July to September 2021, the company achieved operating income of 30.75 billion yuan in a single quarter, the highest in the past three years, a year-on-year increase of 14.2% and a month-on-month increase of 14.6%, of which operator network operating revenue increased by about 25%. From July to September 2021, the company’s single-quarter net profit attributable to ordinary shareholders of listed companies was 1.77 billion yuan, an increase of 107.6% year-on-year, and the single-quarter net profit attributable to ordinary shareholders of listed companies deducting non-recurring gains and losses was 1.23 billion yuan , An increase of 125.4% year-on-year.

ZTE is committed to continuously optimizing its cost structure and its gross profit margin continues to improve. From January to September 2021, the company’s gross profit margin increased by 4.7 percentage points year-on-year to 36.8%; among them, from July to September 2021, the company’s single-quarter gross profit margin reached 38.0%.

ZTE continued to strengthen its cash flow management. From January to September 2021, the company’s net cash flow from operating activities was 11.17 billion yuan, a year-on-year increase of 188.7%, a record high.

ZTE insists on R&D investment, continuously strengthens its core competitiveness, and promotes market share. In the first three quarters of 2021, the company’s R&D investment reached 14.17 billion yuan, accounting for 16.9% of operating income.

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In the first three quarters of 2021, ZTE Corporation will practice its own position as a “digital economy road builder”, grasp the opportunity of digital intelligence transformation, participate in the domestic 5G scale construction, continue to optimize the overseas mainstream products and mainstream market structure, and at the same time through active innovation , Continue to exert efforts in government and enterprise affairs, consumer business and new businesses represented by automotive electronics, continue to export its own atomic capabilities, and provide customers with complete cloud, network, and terminal products and solutions, from CT to ICT The overall transformation of the enterprise. In the first three quarters, the company’s two major domestic and international markets, and the three major businesses (operator network, government and corporate affairs, and consumer business) maintained a good growth momentum.

In terms of operator networks, in the domestic market, the company will strive to transform from a mainstream supplier to a core supplier, and continue to improve its capabilities in terms of product innovation, agile R&D, and efficient delivery. In the operator-scale centralized procurement projects announced in the second half of the year, ZTE Corporation’s high-end routers, high-end switches, servers and storage products have made good progress, and the market share of key products such as 5G wireless, core network, and bearer continues to increase. With the help of 4G modernization, 5G new construction, optical fiber transformation of fixed networks, bearer network upgrades, and home broadband product upgrades, overseas markets continue to optimize the layout of superior products and achieve healthy operations.

In terms of government and corporate affairs, ZTE continues to increase its investment in marketing, channels, and programs. Through its “one base and two wings” digital capabilities, it works with customers and industry partners to empower thousands of industries. In the first three quarters of 2021, ZTE’s server and storage products doubled its operating revenue year-on-year, and it has entered the leading companies in finance, Internet, energy and other industries. The commercial bank’s core system has been in stable commercial operation for more than three years, and expanded to other industries.

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In terms of consumer business, ZTE Corporation continues to make efforts in terms of brand, products, channels, etc., with a comprehensive layout of serialized and multi-form 5G terminals, and continues to promote the landing of innovative 5G applications for individuals, households, and industries. In the first three quarters of 2021, the revenue of mobile phones and household information terminals maintained a rapid year-on-year growth. Among them, mobile phone revenue increased by about 40% year-on-year, and household information terminal revenue increased by about 90% year-on-year. A new generation of under-screen camera phones, Axon 30, is the world premiere, leading the update and iteration of under-screen camera technology; Axon 30 Ultra, the flagship three-camera four-array imaging flagship, is the first to launch fusion computing photography. The sales of 5G mobile internet products have broken through 30 countries and regions. In addition, with profound technological precipitation and innovation capabilities, the company’s terminals have also continuously made breakthroughs in cutting-edge technologies such as 5G radio frequency, terminal human-computer interaction, computational photography, V2X cloud control platform, and further promote the terminal “1+2+N” ecosystem The realization.

ZTE is actively exploring new markets and new opportunities, and exploring new paths for the company’s growth in the next strategic period by deploying innovative businesses such as automotive electronics and enterprise digitalization. The company positions the automotive electronics business as a provider of basic capabilities and core components of digital vehicles, and a provider of intelligent networked products and solutions, and is committed to providing customers with basic software and hardware platforms, chips, and vehicle-road collaborative intelligent networked products related to automotive electronics. Wait. At present, it has reached strategic cooperation with FAW, SAIC and other auto companies.

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At the same time, based on digital transformation, ZTE has built the ultimate cloud company, deepening cloudification, intelligence, and weight reduction in R&D, operations, office, production and other fields, and continuously improving internal operating efficiency. Through its own digital practice, ZTE has formed a series of component-based digital product and service solutions, which are composed of cloud network bases, data platforms, unified collaborative portals, digital office, digital production, and digital security. The building-block business component library empowers all areas of enterprise operations.

While advancing the development of various businesses, ZTE Corporation regards the green and low-carbon strategy as one of the core development strategies for sustainable development, and is committed to laying the “digital economic tree-lined road” with technological innovation. On the one hand, it helps operators to build a green and low-carbon digital base to achieve energy conservation and emission reduction in the ICT industry itself. At the same time, it faces the industry and uses digital innovation for green empowerment to improve energy efficiency and reduce energy waste. It will also adhere to green Operation, through green office, production and circular economy, realize its own low-carbon development, and contribute to the improvement of the social environment.

Looking to the future, ZTE will continue to practice the development concept of consolidating, expanding, and quality growth. While maintaining the steady growth of its core business, it will continue to innovate and expand its business boundaries, firmly promote digital transformation, and achieve comprehensive operational efficiency and organizational resilience. promote. The company will also adhere to openness and win-win, relying on its profound product technology and platform capabilities in the field of connectivity and computing power, and together with industry chain partners to help the industry and the digital economy develop.


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