China Economic Weekly-Economic Network News (Reporter Sun Bing) On March 28, Huawei officially released its 2021 annual report, which shows that Huawei achieved global sales revenue of 636.8 billion yuan and net profit of 113.7 billion yuan in 2021, an increase of 75.9% year-on-year; in 2021, Huawei's R&D investment reached 142.7 billion yuan, accounting for 22.4% of the annual revenue, and the cumulative R&D expenditure invested in the decade exceeded 845 billion yuan.
Guo Ping, rotating chairman of Huawei, said: "The company's overall operating situation is in line with expectations, the operator 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. ”
Huawei rotating chairman Guo Ping
Meng Wanzhou, huawei's chief financial officer who has "returned", also appeared at the annual report conference, saying: "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." ”
Thanks to the improvement in the profitability of the main business, Huawei's operating cash flow has increased greatly in 2021, reaching 59.7 billion yuan; the asset-liability ratio has dropped to 57.8%, Meng Wanzhou said, which means that the resilience and resilience of Huawei's overall financial structure are strengthening.
Meng Wanzhou, Chief Financial Officer of Huawei
From the perspective of specific businesses, in 2021, Huawei will achieve sales revenue of 281.5 billion yuan in the field of operator business. At present, Huawei has signed more than 3,000 commercial contracts for 5G industry applications with operators and partners in various countries, and 5G has been commercialized on a large scale in manufacturing, mining, steel, ports, medical and other industries.
Huawei achieved sales revenue of RMB102.4 billion in the enterprise business area. For key industries such as government, transportation, finance, energy, and manufacturing, Huawei released 11 scenario-based solutions and established legions such as coal mines, smart highways, customs, and ports to integrate resources and efficiently serve customers. More than 700 cities and 267 Fortune Global 500 companies have chosen Huawei for digital transformation, and the number of service and operation partners has grown to more than 6,000.
The terminal business achieved sales revenue of 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, it is the fastest growing mobile terminal operating system in the world.
Guo Ping stressed: "Huawei will move forward in the direction of digitalization, intelligence, and low carbon, rely on the three elements of talent, scientific research, and innovation spirit, continue to increase investment, and strive to reconstruct the technical base of basic theory, architecture, and software to build long-term competitiveness." ”
Meng Wanzhou said that in 2021, for Huawei, it may have passed through the black barrier area of this disaster. "Our team has become more united in these three years of continuous pressure, and our strategy has become clearer during these three years. Facing the future, we will continue to increase investment in talents and research and development. We will ensure our continuous innovation ability through 'technical strength + talent concentration', and we also firmly believe that along these two directions, we can provide our customers and partners with higher value products and services in a long-term, continuous and quality manner. She said.
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