Huawei is short of money
In the past 2021, Huawei's total operating income reached 636.8 billion yuan, down 28.6% year-on-year, and the root cause of this part of the decline is in the smartphone business, because according to the introduction of Huawei's rotating chairman Meng Wanzhou, Huawei's carrier business and enterprise business are growing rapidly, but the action of the US market has put Huawei's mobile phone and PC business under great pressure.
However, even in this case, Huawei's R & D investment in 2021 is still rising, in addition, for the talent, Huawei is not a loss, in early April Huawei announced to the outside world that it intends to distribute dividends to shareholders of 61.4 billion yuan, I have to say that this wave of operations is really arrogant, but also appears to be very patterned, because the current Huawei is indeed in need of funds, but Huawei is still willing to take out funds to distribute to employees, stabilizing the mood of employees.
However, shortly after Huawei's dividends, according to the news on April 13, Huawei will issue short-term bonds with a maturity of 180 days, that is, almost half a year, and the scale is 3 billion yuan, in fact, this is not the first time Huawei has issued bonds this year, according to data reality, the scale of bonds issued by Huawei this year has reached 17 billion yuan, in the face of Huawei's move, foreign media also sent comments saying, "Huawei is short of money? How come so many bonds have been issued in less than half a year."
In fact, this is not the case, in essence, according to Meng Wanzhou's introduction, Huawei's asset-liability ratio and cash flow are very stable, and there is no shortage of money at all, which can be found from Huawei's net profit growth of 75.9% in 2021.
Meng Wanzhou had already given the answer
In addition, as for whether Huawei issued bonds because of lack of money, as early as the annual report meeting on March 28, Meng Wanzhou has already given the answer, according to Meng Wanzhou's summary description, "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."
This is very direct and very clear, that is, although affected by related businesses, Huawei's overall revenue scale has become smaller, but Huawei has also made more money, which is shown in the financial statements, so the worries of overseas markets are superfluous and unnecessary.
Moreover, from this point of view, Huawei has basically survived the crisis from 2019, and at present, Huawei has also had a solution to the pressure faced by the smartphone business and the PC business, after all, Huawei's chip stacking technology solution has been launched as early as a year ago, so it is really only a matter of time before the recovery and development of the two major business sectors.
As for the issuance of bonds, this is really easy to understand, as a large-scale, reputable enterprise, bond issuance can allow Huawei to obtain more and greater cash flow in a period of time, which is a good thing for huawei-quality enterprises, as well as ordinary investors, Huawei takes the cash exchanged for bonds, earns more profits in a short period of time, and at the same time gives people who buy Huawei bonds profit returns.
Therefore, in essence, there is no need to make too much interpretation of this matter, after all, huawei's asset-liability ratio is relatively low, there is no operational risk, and bond issuance is a routine operation.
summary
It has to be said that the current Huawei is moving in a better direction, although in this process, the US market is still trying to obstruct, this point from April 14, the US media came to the news that the US market is investigating the EDA software giant Synopsys Technology, suspecting that Synopsys Technology transfers related technologies to Huawei to use, it can be understood that the US market, hindering Huawei's technological breakthroughs has not stagnated, but at the moment, they have no more ways, and can only play a little smart in their own market.
When Huawei breaks the restrictions on chip technology in an all-round way, all obstacles will become meaningless.