Source | Comprehensive Huawei press conference live broadcast, China Securities News, Daily Economic News, Beijing News and other news
On the afternoon of the 28th, Huawei held a press conference on the 2021 business financial report at its headquarters in Shenzhen, and Guo Ping, huawei's rotating chairman, and Meng Wanzhou, vice chairman and chief financial officer of Huawei, attended the performance briefing.
It is worth noting that this is Meng Wanzhou's first public appearance at Huawei's business activities after returning to China. On September 25, 2021, after a gap of 1,028 days, with the unremitting efforts of the Chinese government, Meng Wanzhou returned to China safely.
"One day in the middle of the cave, the world has been a thousand years." Meng Wanzhou said: "In the past four years, the world has changed a lot, and the motherland has also changed a lot. In the months since I returned home, I have been trying to study and keep up with these changes. ”
▲Meng Wanzhou, vice chairman and chief financial officer of Huawei. Photo/ Screenshot of the live broadcast of huawei's press conference
Net profit was 113.7 billion yuan, an increase of 75.9% year-on-year
According to the financial report, in the whole year of 2021, Huawei achieved global sales revenue of 636.8 billion yuan, down 28.56% year-on-year; net profit was 113.7 billion yuan, an increase of 75.9% year-on-year. Among them, the operator business revenue was 281.5 billion yuan, the enterprise business income was 102.4 billion yuan, and the terminal business income was 243.4 billion yuan.
It is worth noting that the whole year of 2021 is the first calendar year that Huawei has spent after the United States imposed comprehensive export controls on Huawei.
On the performance, Guo Ping said: "The company's overall operation is in line with expectations, the operator's business performance is stable, the enterprise business is growing steadily, the terminal business is developing rapidly in new industries, and the ecological construction has entered the fast lane. ”
Meng Wanzhou said: "Our scale has become smaller, but our profitability and cash flow acquisition capabilities are increasing, and the company's ability to cope with uncertainty is constantly improving. ”
Overseas revenue of the "ballast stone" business accounts for more than 50%
As the "ballast stone" in Huawei's revenue system, operators' services benefit from 5G network construction and maintain stable operations.
According to the data, in 2021, Huawei achieved sales revenue of 281.5 billion yuan in the field of carrier business. Meng Wanzhou said that Huawei's ICT infrastructure business has developed steadily, and new business has grown rapidly, of which overseas revenue accounts for more than 50%.
According to third-party reports, Huawei has built the best user experience of 5G networks in 13 countries, including Switzerland, Germany, Finland, the Netherlands, South Korea, and Saudi Arabia. Together with operators and partners, Huawei has signed more than 3,000 commercial contracts for 5G industry applications, and 5G has been commercialized on a large scale in manufacturing, mining, steel, ports, and medical care.
Hongmeng system equipment more than 220 million units, there are currently no overseas development plans
During the reporting period, Huawei's consumer business revenue was 243.4 billion yuan. Smart wearables, smart screens, TWS headsets and consumer cloud services all continued to grow, with wearables and smart screen business revenue increasing by more than 30% year-on-year. With more than 220 million Huawei devices equipped with HarmonyOS (Hongmeng System), it has become the fastest growing mobile terminal operating system in the world.
Since the United States sanctioned Huawei in May 2019, Huawei's consumer business, especially the mobile phone business, has been greatly affected, mainly because TSMC is banned from manufacturing Kirin chips for Huawei, resulting in Huawei's new machine release rhythm repeatedly shelved, although Qualcomm has obtained the qualification for free shipment in the later stage, but because of the lack of 5G radio frequency, Huawei has only been able to release 4G mobile phones.
Previously, according to Huawei, the existing trade ban caused at least $30 billion in annual revenue losses to the mobile phone business.
For the rumors of Russian companies testing the Hongmeng system, Guo Ping said that noting the policies of some countries, Huawei is carefully evaluating. Hongmeng system currently has no plans to develop overseas.
Chip supply problems: will actively look for systematic breakthroughs
For the chip supply problems that the outside world is concerned about, Guo Ping said that solving the semiconductor problem is a complex and long process, in the global environment, the repeated development of technology is not necessarily valuable, but in the case of market pattern and technology blockade, Huawei is also happy to see more and more enterprises involved, in the case of advanced technology is not available, Huawei will actively look for systematic breakthroughs.
Reiterate that you do not build cars
Guo Ping said that Huawei reiterated that it does not build cars, and Huawei will use the technology accumulated by Huawei for more than 30 years to deeply integrate with the automotive industry to help car companies build and sell good cars. Huawei has built seven smart car solutions and has listed more than 30 smart car parts.
R&D investment of 142.7 billion yuan, "survived"
Meng Wanzhou revealed that Huawei is also continuing to increase R& D investment, with R&D investment reaching 142.7 billion yuan in 2021, accounting for 22.4% of the annual revenue, and the cumulative R&D expenditure invested in the past decade has exceeded 845 billion yuan.
Guo Ping said: In 2021, we survived, and we continued to win the recognition of customers and the industry in terms of product strength and innovation. However, the problems we are facing have not been completely solved, and we will continue to "seek survival and development" in 2022.
