[Three companies with pure Huawei genes]
Huawei's strongest strength lies in its R&D capabilities. The annual R&D investment can be ranked among the top five companies in the world, and Huawei is one of them, as if private enterprises can be ranked by Huawei.
R&D capabilities, on the one hand, are to invest money, and on the other hand, to have output. If more than 10% of the annual operating income is smashed into it, and it cannot bring more than 10% + growth in operating income, then this kind of research and development is ineffective research and development. Therefore, not only must we be willing to spend money, but also smash it to achieve results, and we can't do useless work.
Huawei Gene, the strongest is its R&D capabilities. Lao Mi can cripple ZTE, but, there is really no better way to take Huawei, the mobile phone chip will be done in 3 years, and the operating system will not be given, so it will be done for you. Therefore, for the definition of a good company, don't just look at the performance data, R&D capabilities are very crucial.
There are many A-shares and Huawei concept stocks, but there are not many companies that really have Huawei's genes, and there are three companies I know:
Inovance Technology: "Little Huawei" in the industrial control industry. In the past, it was Huawei's electrical department, but Huawei didn't do this later, and the technicians of this department came out to form Inovance, which perfectly interprets the process from small to large. At present, the company's market value exceeds 160 billion, and its market value has increased more than 100 times since its listing. Main business income data: more than 27 billion in 2015 and 300 billion in 2023. R&D investment is about 10% of the main business income on average every year.
Invic: When it was founded, there was a general manager and six vice presidents, all of whom were from Emerson's Network Energy Department, and five of them were from Huawei's Electrical Department. Invic's data does not have Inovance Niu, but it was listed in 2016, and its market value has increased by more than 10 times so far, completely destroying most of the A-share companies. The company's operating income was more than 400 million in 2015 and 3.5 billion in 2023. R&D investment is about 5%~10% of the main business every year.
The third company, do you know who it is? Lao is always Huawei's original vice president and postdoctoral fellow. The annual R&D investment exceeds 10% of the main business income, the main business income is 800 million in 2015 and 67 billion in 2023, with a current market value of more than 10 billion, and the main intelligent electronic control products.
