ZTE 2022 quarterly revenue of 27.9 billion

ZTE 2022 quarterly revenue of 27.9 billion, ZTE chairman Li Zixue said that after more than three years of recovery and development, all aspects of the company's operations have been adjusted to a more healthy state, ZTE 2022 quarterly revenue of 27.9 billion.

ZTE's revenue of 27.9 billion in the first quarter of 2022.1

ZTE announced that in the first quarter of 2022, the company realized a net profit of 2.217 billion yuan, an increase of 1.6% year-on-year.

As of the close of April 25, 2022, ZTE Corporation (000063) closed at $ 21.79, down 4.47%, the turnover rate of 1.25%, volume of 485,100 hands, turnover of 1.079 billion yuan. Fund flow data, April 25, the main fund net outflow of 45.3125 million yuan, net inflow of 33.8103 million yuan of lobbying funds, retail fund net inflow of 80.131 million yuan. Financing and financing in the last 5 days of financing net outflow of 104 million, the financing balance decreased; financing net inflow of 58,700,000, the financing balance increased.

Stock Star valuation analysis tool shows that ZTE (000063) good company rating of 3 stars, good price rating of 3 stars, valuation of the overall rating of 3 stars. (Rating range: 1 ~ 5 stars, the highest 5 stars) The stock in the last 90 days **** 26 institutions to give ratings, buy ratings 21, hold ratings 5; over the past 90 days, the average price of institutional target 36.8.

ZTE Corporation's main business: is committed to providing customers with satisfactory ICT products and solutions, set of "design, development, production, sales, service", Production, sales and service", focusing on "carrier networks, government and enterprise business, consumer business". Mr. Li Zixue is the Chairman of the Board of Directors of the Company. Mr. Xu Ziyang is the general manager of the company.

Heavy positions in ZTE's top ten funds are shown in the table below:

Which holds the largest number of funds for the Huaxia CSI 5G Communications Theme ETF, the current size of 9.586 billion yuan, the latest net value of 0.8104 (April 22), a decline of 1.29% over the last trading day, down 23.53% over the past year. The fund's current fund manager is Li Jun.

ZTE 2022 Q1 revenue of 27.9 billion2

On April 25, ZTE released its 2022 Q1 report.

January-March 2022, the company achieved operating revenue of 27.93 billion yuan, up 6.4% year-on-year; net profit attributable to ordinary shareholders of the listed company of 2.22 billion yuan, up 1.6% year-on-year; net profit attributable to ordinary shareholders of the listed company of 1.95 billion yuan net of non-recurring gains and losses, up 117.1% year-on-year; basic earnings per share of 0.47 yuan.

During the reporting period, ZTE Corporation continued to fulfill its positioning as a "road-builder for the digital economy", grasp the opportunities of digital transformation, and focus y on ICT infrastructure and "big terminal" products to continuously improve the company's business quality and operational efficiency.

During the same period, under the dual challenges of a complex external environment and the new Crown epidemic, ZTE Corporation upgraded its telecommuting and customer service environments to support tens of thousands of employees around the globe, adopting online and offline collaborative working methods, while safeguarding the health and safety of its employees, and actively cooperating with its supply chain partners, to achieve overall stable operation, with two major markets - domestic and international - in which it operates. In the domestic and international markets, the operating revenues of the three major businesses, namely carrier network, government and enterprise, and consumer, all realized year-on-year growth.

In the first quarter of 2012, ZTE Corporation continued to strengthen its core technology competitiveness and invested 4.70 billion RMB in R&D, accounting for 16.8% of operating revenue.

The company is committed to providing global operator customers with extreme, minimalist, and green digital infrastructure network deployment solutions. The company has launched a new generation of minimal site UniSite NEO solution, the first accurate 50G PON prototype, and GreenPilot, an end-to-end green ICT solution, which provide customers with high-efficiency and high-performance networks while greatly reducing network energy consumption and carbon emissions.

In the first quarter of 2022, ZTE's consumer business showed continued volume growth. Among them, the operating revenue of consumer business overseas market increased by nearly 30% year-on-year.

At the same time, ZTE Corporation closely follows the development trend of new infrastructure, east counting, west counting, carbon peak carbon neutral, etc., builds "connection + arithmetic" capability, and develops the "second curve" layout, including servers and storage, terminals, digital energy, and automotive electronics, etc. By combining its own business, ZTE Corporation is able to provide the best service to its customers.

Among them, servers and storage have gained a better share in recent important procurement projects, forming a strong support for the company's performance growth.

In the first quarter of 2022, ZTE also gave full play to its own ICT infrastructure vendor capabilities, and through its engineering service system covering more than 100 countries and regions around the world, it made every effort to assist in the safe and stable operation of domestic and international communications networks, and constructed a communications network lifeline for enterprises and individuals.

Currently, industrial digitization and digital industrialization have become the cornerstone of modern social development, and an important driving force for accelerating the transformation and upgrading of the traditional economy and the sustainable development of enterprises. Looking ahead to the next reporting period, ZTE will continue to work with its partners to fuel the development of the global digital economy with innovative ICT technologies.

ZTE's revenue for the first quarter of 2022 was 27.9 billion3

On April 25, ZTE Corporation (000063) released its first quarter 2022 report. The report shows that from January to March 2022, ZTE Corporation realized operating revenue of 27.93 billion yuan, an increase of 6.4% year-on-year; net profit attributable to ordinary shareholders of the listed company was 2.22 billion yuan, an increase of 1.6% year-on-year.

During the reporting period, ZTE's net profit attributable to ordinary shareholders of the listed company after extraordinary gains and losses amounted to 1.95 billion yuan, a year-on-year increase of 117.1%; basic earnings per share was 0.47 yuan.

In the recently held 2021 results briefing, ZTE Corporation Chairman Li Zixue said that after more than three years of recovery and development, the company operates . All aspects have been adjusted to a more healthy state, creating favorable conditions for the goal of becoming a top 500 global enterprise in the next 2-3 years.

Since last year, ZTE has divided the company's business into a first curve and a second curve in terms of product dimensions. The first curve is the CT (Communication Technology) business represented by wireless and wired products;

The second curve is the IT (including IT infrastructure such as servers and storage, as well as digital transformation businesses such as the 5G industry, automotive electronics, etc.), digital energy (including power supply, IDC data centers, new energy etc.), digital energy (including power, IDC data center, new energy, etc.), and terminal (including cell phone, mobile Internet, smart home, etc.) as the representative of the emerging business.

For the first curve, ZTE's strategy is to seek progress while maintaining stability, and to pursue a higher market share and a better market layout. In the domestic market, ZTE's main communication products aim to achieve a market share of more than 40 percent, while the overseas market is mainly stable, focusing on efficiency and compliance.

ZTE Corporation revealed that, along with the gradual rollout of 5G business around the world and the further enhancement of the company's core competitiveness of its products, it is expected that the first curve of the business in the future will continue to maintain a steady growth of more than 10% and contribute to the scale of profits.

And the second curve, ZTE's strategy is to accelerate the new. ZTE executives said at the performance meeting, the server and storage products are expected to achieve rapid growth and contribute to the scale of incremental business, the future will be expected to maintain a high growth rate, in 1-2 years to become the company's new 10 billion products, within three years among the ranks of mainstream domestic suppliers.