This year marks huawei's fourth year on the U.S. entity list.
Since May 16, 2019, Huawei has been hardened for more than 1,000 days and has given its third annual report after being sanctioned.
This article only takes you to look at a few financial data of Huawei in 2021, overall, the situation is still not optimistic.
This is Huawei's revenue, net profit and operating cash flow data for the past 5 years:
Because of the obstruction of the United States, it is difficult for Huawei to enter the 5G market of various countries, and multiple rounds of sanctions + chip supply cuts have caused Huawei's mobile phone shipments to fall by more than 80%, and the global market share has directly fallen from the first to the top five.
Therefore, Huawei's revenue in 2021 was 636.8 billion yuan, down 28.5% year-on-year, and negative growth for the first time in nearly a decade.
Net profit was 113.7 billion, an increase of 75.9% year-on-year.
However, the reason for this is mainly to make 57.4 billion yuan by selling the "glory" business, similar to Tencent's sale of JD.com shares to support the income statement.
This is Huawei's business composition:
The most capable consumer business accounted for 54.4% in 2019, and now it has fallen sharply to 38.4% with the mobile phone market share.
A global leader in 5G technology was forced to produce only 4G mobile phones.
This is Huawei's global revenue composition:
Similarly, U.S. coercion and inducements have led to Huawei losing some overseas market share and customer orders.
Revenue in Europe, the Middle East and Africa fell by 27.3% compared with last year, The Asia-Pacific region fell by 16.7%, the Americas fell by 26.3%, and of course, the overseas epidemic also reduced a lot of demand.
China's revenue has also decreased by 30% compared with last year, one is the impact of mobile phone business, and the other is that most of the mainland's 5G construction investment has been completed in 2020, so customer demand is also decreasing.
In short, everything still doesn't look optimistic. The United States will never give up, and Huawei is the first company on its physical list.
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But the difficulties we look at, put into businesses and entrepreneurs, have long been used to.
The original Huawei did not have technical advantages, made a mobile phone and did not have its own chip and operating system, which is not easy, but also solved.
It does not throttle in difficult times, does not do capital expansion like Internet companies, or burns money to accumulate technology - this behavior is difficult to see short-term returns.
We can still see the rare entrepreneurial spirit and manufacturing soul in Huawei.
In the past 10 years, Huawei has invested a total of 845.6 billion yuan in research and development, and last year it still invested 142.7 billion yuan in research and development under such difficult circumstances.
It said that its problems could not be solved by reducing food and clothing, did not consider the level of profits, and insisted on revenue as the benchmark for research and development investment.
In this year, where the difficulty is still predictable, Huawei plans to recruit another 10,000 fresh graduates, and last year and the year before it recruited 26,000 graduates, and the company employed 107,000 people in research and development positions, accounting for more than half.
Parents should realize that only if there are more and more companies like Huawei, your years of education investment will have a better return.
It will be only when the rate of return on higher education on the mainland really increases and is further translated into national competitiveness.