Let's analyze it in depth from several points:
First, Huawei is 100% pure China enterprise, without listing and foreign investment.
At present, the three giants of Alibaba, Baidu and Tencent are basically foreign-funded and listed companies. This is what Huawei deserves, and no one can match it.
Second, Huawei's 20 18 revenue reached 721200 million RMB, up 19.5% year-on-year!
Tencent's revenue in 20 18 reached RMB 3 127 billion, although the revenue was less than half that of Huawei!
It is about three times that of Alibaba. In 20 18, Ali's revenue reached RMB 250.2 billion, up 58. 1% year-on-year!
Third, Huawei's strength is obvious to all, but we can find that although Huawei is stronger than Ali and Tencent in revenue, there are differences in net profit.
Huawei's net profit was only 59.3 billion yuan, a year-on-year increase of 25. 1%.
Tencent's profit is very high, reaching 78.7 billion yuan, even higher than Huawei's.
Ali's net profit reached 64.093 billion yuan, which is also higher than Huawei's profit!
So what's the problem?
1, Huawei's R&D investment is as high as RMB 10/0/500 million, accounting for 14. 1%, ranking fifth in the EU industrial R&D investment in 20 18, and in the recent/kloc. Although the revenue is high, Huawei pays more attention to research and development.
Alibaba's R&D investment is only RMB 28.7 billion, only a little more than Huawei's 1/4.
During February 2018, Huawei was suppressed by the United States. It is a "small" enterprise that fights against the world's first overlord. But as a result, Huawei's performance is still strong, showing no weakness.
3. Huawei is not a listed company, and its share is less than 1.4%. The remaining 98.6% shares are held by employees, backbones and talents of the R&D team. So what we can see is that Huawei gives most of its profits and dividends to its employees. This is what Ali can't do.
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So overall, Huawei's potential is really too great. Even if you are a high-tech enterprise with domestic 100% enterprises, there is still a certain distance between Ali and Huawei.
Although Aribi Huawei is a little more profitable, from the current market value, its own strength, its contribution to society and its influence in the world, Huawei deserves to be one of the leading unicorn enterprises, and there is still a certain gap between Ali and Huawei.
This question is very interesting. Huawei is a star enterprise, ranking first among private enterprises in China, and its scientific and technological strength is considered as a model enterprise. As the boss of e-commerce, Alibaba's strength can not be underestimated, and its development speed is faster than Huawei's. So will Alibaba surpass Huawei in the future?
1, revenue of Huawei
In 20 18, Huawei's revenue was 721200 million yuan, a year-on-year increase of 19.5%. It is really commendable to maintain such a growth rate under this volume. Huawei's revenue has not all grown so fast. During the three years from 20 1 1 to 20 13, there was a "downturn", and the revenue growth rate was only about 10%. However, from 20 14, Huawei's revenue growth rate has reached a higher level, maintaining 20% every year. Huawei's revenue has rapidly reached the threshold of 300 billion, 400 billion, 500 billion, 600 billion and 700 billion from more than 200 billion stations, and may even exceed the threshold of 800 billion in 20 19.
Huawei's revenue has increased substantially, on the one hand, thanks to the huge investment brought by the laying of 4G networks, on the other hand, thanks to Huawei's great success in mobile terminals, from a small player in the mobile phone market to an industry leader.
In 20 13, Huawei's consumer business contributed 57 billion RMB, accounting for 24% of the total revenue.
But five years later, in 20 18, Huawei's consumer business grew to 348.9 billion yuan, accounting for 48% of its revenue. The revenue contributed by Huawei's consumer business increased by 45% compared with the previous year, and increased by 565,438+00% compared with the revenue of 57 billion in 2065,438+03. In the same period, the business of Huawei operators increased from 160 1 100 million yuan to 294 billion yuan, an increase of 84% in five years. Moreover, there was a negative growth in 20 18 years, and the income contributed by operators' business shrank by 1.3%.
The other is that China's contribution to Huawei's revenue is more prominent. In 20 13 years, China contributed 35% of its income.
In 20 18, China contributed 5 1.6% of its income, which was significantly higher than 35% in 20 13.
Can Huawei maintain such a high growth rate in the future? In the first half of the year, the external environment was not optimistic, and the outside world was worried about Huawei's business growth. However, after the performance of 20 19 in the first half of the year came out, the revenue reached 401300 million yuan, an increase of 23.2%, which seems to be a situation of more and more courage. Ren also said in a subsequent interview that the situation facing Huawei is still very grim. The reason why Huawei's performance in the first half of the year still maintained a substantial growth was because of the strong support of domestic customers and the inertia of sales. Therefore, it is doubtful whether Huawei can maintain the growth rate of 15% or 20% in the future.
The growth of Huawei's performance in the first half of 20 19 depends on the growth of consumer business. The proportion of revenue contributed by consumer business increased from 48% in 20 18 to 55% in the first half of 20 19, which increased by 7 percentage points in half a year.
2. Alibaba's revenue.
20 19 annual report shows that Alibaba's revenue is 376.8 billion yuan (20/kloc-0 annual report is 20 1 year April 2065438+March 3, 2009/year), so in general, Alibaba's 201year. For the convenience of comparison, I will use the natural year instead. When I say revenue in 20 18, I actually mean the revenue in Ali's 20 19 annual report (that is, the revenue from April 20 18 to March 20 19).
In 20 18, Alibaba's revenue was 376.8 billion yuan, a year-on-year increase of 50.5%. In the first quarter, it was 20 1 149 billion yuan, a year-on-year increase of 42%. If we follow this growth rate, Ali's revenue will reach 500 billion in 20 19.
Let's take a look at Alibaba's past revenue. In 20 1 1 year, Alibaba's revenue was only 20 billion yuan. In 20 18 years, it has increased to 376.8 billion yuan, an increase of 18 times.
Alibaba's revenue growth rate is not unpleasant, with a compound growth rate of 52%, while Huawei's compound growth rate is 20% in the same period.
3. Is it possible for Alibaba to catch up with Huawei's revenue?
It's possible. In the past seven years, Alibaba's compound growth rate was 52%, while Huawei's compound growth rate was 20%. The difference in growth rate makes the difference between them. In the past seven years, Alibaba's revenue increased by 18 times, and Huawei's revenue increased by 2.5 times.
In 20 17, Alibaba's revenue was 250.3 billion yuan, which was higher than Huawei's 211300 million yuan. However, Alibaba's revenue in 20 18 years is equivalent to Huawei's revenue in 20 15 years, and their revenue is 300 million yuan respectively.
If Alibaba maintains a growth rate of 42% in the first quarter of 20 19, its revenue in 20 19 will reach 503.5 billion yuan, which is equivalent to the scale of 521600 million yuan in Huawei in 20 16.
If we assume that Alibaba will maintain a growth rate of 40% and Huawei will maintain a growth rate of 20% in the next few years, how can Ali catch up with Huawei in a few years?
The answer is four years, which is 2022!
Time seems to be much faster than we thought, but that's the way business is. Can you imagine that Alibaba's revenue in 20 1 1 year is only 20 billion yuan? At that time, Huawei's revenue was already 203.9 billion, and Alibaba only had Huawei's 10%. By 20 18, Alibaba's revenue has reached 52% of Huawei's. That's what business is all about. Speed determines the scale, and the world business is fast and unbreakable. Huawei relies on speed to catch up with giant companies such as Samsung and Apple. Apple has experienced negative growth, which is an opportunity for Huawei to catch up. At that time, Huawei's revenue was only 40% of Apple's.
Summary: In fact, it is very difficult for Huawei to maintain a growth rate of 20% in the future. It is good to maintain 10%- 15%. Although the mobile phone business is growing rapidly, the industry has experienced negative growth, and it can only compete in the shrinking stock, which will be fierce. Mobile phone brands that are still in stock are not so easy to lose. It is not easy for Huawei to seize their share, especially at present, there is no major technological breakthrough in mobile phones, which has brought about a wave of machine change. As for the so-called 5G, every mobile phone brand has an equal opportunity to launch 5G mobile phones at the same time, instead of a mobile phone-specific technology.
Of course, it is difficult for Alibaba to maintain a growth rate of 40% in the next few years, because the Internet dividend is declining, and it has been very successful for Alibaba to maintain a growth rate of 30%.
In either case, Alibaba's revenue is likely to catch up with Huawei's revenue in the next four or five years.
Of course, both Alibaba and Huawei are excellent enterprises, which have achieved great success in their respective fields and created great social value. The comparison in this paper is only based on the scale of revenue, not on comparing the advantages and disadvantages of the two companies. These two companies are my favorite companies, and the two founders are also my favorite entrepreneurs.
Will not exceed Huawei.
This possibility is not ruled out. Alibaba's revenue has maintained a high growth rate of more than 50% in recent years. In fiscal year 20 19, Alibaba's revenue was RMB 376.844 billion, up 50.58% year-on-year. Not long ago, the data released by Alibaba in the first quarter of fiscal year 2020 showed that Alibaba's revenue was1149.2 billion yuan, a year-on-year increase of 42%. Although the speed has slowed down, it has maintained rapid growth.
Let's take a look at Huawei. Huawei is the largest private enterprise in China, with an operating income of 721200 million yuan in 20 18, which is almost twice that of Alibaba, leading by a wide margin. In recent years, Huawei's revenue has maintained a high growth rate of around 20%, but the growth rate is less than half that of Alibaba. In the first half of this year, Huawei achieved sales revenue of 4 billion yuan/kloc-0.3 billion yuan, a year-on-year increase of 23.2%.
In fact, if the two companies continue to grow at this rate, Alibaba's revenue will not exceed Huawei in the next few years. However, as we all know, Huawei has been included in the "entity list" by the United States and has been unfairly suppressed, which will definitely have an impact on Huawei's development. Huawei was able to maintain a high growth rate of more than 20% in the first half of this year, mainly because Huawei was included in the "entity list" by the United States in May this year, which had little impact on its performance in the first half of this year. Ren, president of Huawei, said earlier that Huawei needs three to five years to recover and revitalize. With Ali's current growth momentum, revenue will double in less than three years. Of course, whether Alibaba can maintain ultra-high-speed growth in the next few years is still unknown, and there are great variables.
In a word, no matter whether Alibaba's revenue exceeds Huawei's in the next few years, both Ali and Huawei are excellent technology companies in China, and it doesn't matter who has high revenue.
Alibaba's revenue will definitely surpass Huawei in four years! Alibaba International Station, 1688. AliExpress, Cainiao, Alibaba Cloud, Ant Technology, Hungry, Boxma Xiansheng, Nail, Caizanda, Hellobike, Taobao Live and Taobao Special Edition are all developing rapidly! China is the only leader who can become the number one enterprise in the world in the next decade!
Although in terms of emotional inclination, I believe that most people in China hope that Huawei, which is independent and innovative, will always be ahead, it is only a matter of time before Alibaba Group's current crazy expansion will surpass Huawei in revenue. Personally, I think Ali's revenue will surpass Huawei in about five years.
From the business model, Ali is a standard Internet company, with no marginal effect, light assets and viral geometric growth, while Huawei is still a traditional technology research and development company, and its growth and development model is relatively stable. So from a purely business model, Ali is absolutely dominant.
Recently, in the global business alliance sponsored by CBinsights, a global investment database in the United States, Alibaba successfully defeated Novartis, Disney, Tesla, Space Exploration Technology Company, Apple and Amazon in the world, ranking first in the world and becoming the most worthy long-term investment enterprise in the eyes of global investors!
It shows that not only Wall Street and other investment banks, but also global investors recognize Alibaba's business model internationally.
Moreover, in terms of products and layout, Ali's richness and diversity are more prominent.
Ali's companies are all heavy killers: Ant Financial (with a valuation of 600 billion yuan), Cainiao Logistics, Alibaba Cloud (with a rapid growth, second only to Amazon), e-commerce platforms: Taobao, Tmall, 1688 domestic station, Alibaba.com International Station and AliExpress.
In terms of internationalization, Ali is currently leading. Alibaba's Alipay has been used in more than 200 countries and regions around the world, and Alibaba's cross-border e-commerce has also affected the world.
Huawei has a prominent main business. As an international technology company focusing on communication, Huawei leads the world in the 5G era. However, due to the national strategy involving basic communication networks, it has been rejected and resisted in some countries, especially in western countries, which has affected its rapid expansion and substantial income growth.
Look at revenue again: Alibaba's revenue in fiscal year 20 18 was RMB 376.844 billion, while Huawei's operating income in fiscal year 20 18 was RMB 72 12 billion, almost twice that of Alibaba, leading by a large margin.
However, Alibaba's revenue has maintained a rapid growth of more than 50% in recent years. In recent years, Huawei's revenue has maintained a growth rate of around 20%, which is less than half that of Alibaba. Therefore, according to this growth rate, Ali's revenue will not take long to catch up with Huawei.
But revenue is only one aspect of the company's success, and it does not mean who is greater and contributes more to society. Personally, I think Huawei is a greater and more respectable enterprise.
Huawei is very important to China, and Ali is a great company in the world. Do not accept refutation
It depends on the scientific and technological content, actual contribution and number of core technologies of the enterprise.
If we only look at revenue, China Industrial and Commercial Bank and China Tobacco Company have long been ahead of the world, but what's the use? Recently, Maotai began to evaluate the yard, but it couldn't solve the problem of China's neck. The glory of the king earns tens of billions a year, can it represent the high level of national science and technology?
ASML Company of the Netherlands produces mask aligner, which sells dozens of sets every year, and its income is only several billion dollars. However, this technology and product is unique in the world, which is the most awesome.
Why is Huawei so powerful? It is because of Huawei's high-tech content and high reputation in the world, and more importantly, it has its own core patents, which is the reason why Huawei is strong among the main participants in the world communication field.
No matter how much revenue Alibaba or Tencent has in the future, or how much their revenue is higher than Huawei's, they can't replace Huawei's position in China and the world, so it depends on the essence.
Think more and learn more, and increase your knowledge reserve!
Ren Zheng Fei and Ma Yun created two great companies, Huawei and Ali. It can be said that it is the pride of China, a company that is biased towards the bottom technology research and development, masters the most advanced technology of 5g communication standards, and is the key to connecting the future Internet of Everything in the world. The prospect is infinite. He belongs to himself and can create increments, so the scale will only get bigger and bigger, and it is hard to predict how big it can be. Ali's mobile Internet e-commerce platform is booming, ranking first in China, but the competition is becoming more and more fierce, and the international market is also beginning to exert its strength, so the effect is not obvious now. Ali holds more shares in general capital investment, ranking first in all aspects of Alibaba Cloud's fast-growing market. Ali has a wide area and a deep layout. If these projects are merged now, the scale will not be lost to Huawei. There is not much difference between revenue and Huawei. Ali is generally biased towards marketing, investment and acquisition, and technology has just begun to be valued. It can be said that stocks compete with others. Finally, it is concluded that Huawei has a better prospect. Ali's growing pressure is increasing.
To exceed revenue, we only need to combine statements, such as RT Mart, Lianhua, Yintai Commercial and Sanjiang Shopping. If these statements are added, it is not a problem to surpass Huawei.
In 20 18, Wal-Mart ranked first among the world's top 500 companies, while China's State Grid only ranked second, with Wal-Mart's revenue of 500.3 billion US dollars. Wal-Mart is a retailer, and Alibaba has invested in many retail groups, but the proportion of shares is not high, so it is impossible to consolidate statements. If Alibaba is willing to merge the statements, it only takes minutes to surpass Huawei.
Alibaba is positioned as an Internet company and Huawei is a hardware company. It is unfair to compare the two with revenue. As I said above, it is easy to increase income, but it is difficult to increase profits.