At Huawei's 20021annual financial report conference, people first paid attention to the return of Huawei CFO Meng Wanzhou, which was the first time that Meng Wanzhou participated in such a big business activity after returning to China, and people had a lot of expectations for her new changes. Meng Wanzhou will briefly introduce her situation in her opening remarks. She said, "The last time I met you was four years ago. In the past four years, great changes have taken place in the world, the motherland and Huawei. I am constantly learning and trying to keep up with the changes. " It can be seen that Ms. Meng Wanzhou has returned from Qian Fan, and her mentality has changed greatly, making her more modest and steady.
Huawei 202 1 financial data, the following points deserve our attention:
First, the income decreased, but the net profit increased, and the cash reserve in hand was sufficient.
In 20021year, Huawei achieved sales revenue of 636.8 billion, down 28.6% year-on-year, and net profit of 1 137 billion, up 75.9% year-on-year, which was the highest in the history of net profit in five years. Operating cash flow was 59.7 billion yuan, a year-on-year increase of 69.4%. The asset-liability ratio dropped to 57.8%.
I'll explain it to you here. In fact, the main reason for the sharp increase in Huawei's profits is that Huawei sold its glory business in 2020, which increased the company by 57.4 billion yuan. Due to financial accounting, this income is included in 202 1 non-recurring gains and losses. If this part of income is excluded, its net profit in 20021year will be 53.7 billion yuan.
Second, from the business point of view, overseas business is still Huawei's main source of income, but it has dropped a lot compared with last year.
In 20021year, Huawei's business achieved sales revenue of 654.38+0024 billion yuan, a year-on-year increase of over 2.09%. The operator's business achieved a sales income of 2,865.438+0.5 billion yuan, which has become Huawei's largest source of income, accounting for more than 50% of overseas income. However, compared with the revenue of 302.6 billion yuan in 2020, the revenue of operators dropped significantly this year.
Among them, Meng Wanzhou also explained that the obvious reason for the decline in operators' income is the sluggish consumption caused by the national epidemic. At the same time, the demand for 5G services in China is not as strong as previously thought, so this is also a major reason for the decline of operators' income.
Third, foreign sanctions against Huawei still play a very big role in hindering the growth of Huawei's business, and the supply chain problem needs to be solved urgently.
The most concerned consumer business achieved sales revenue of 243.4 billion yuan, down 49.60% year-on-year. Direct performance also led to Huawei's consumer business accounting for 38.2% of total revenue. Since the US Department of Commerce listed Huawei on the "Entity List" from 2065438 to May 2009, the "global supply chain system" on which Huawei depends has been challenged frequently, and now it is the third year of "carrying forward with heavy burdens". From the data point of view, the supply chain encounters mainly hit Huawei's consumer business, including Huawei's mobile phone and PC business.
Fourth, Huawei enterprises began to tighten their belts, but the cost of technology research and development will continue to be invested.
Through digital operation to improve internal operation efficiency, Huawei's sales and management expenses decreased by 654.38+0 billion yuan last year. Huawei has begun to tighten its belt. On the contrary, Huawei's R&D expenditure of 202 1 reached a new high, reaching142.7 billion yuan, and its total R&D investment of 20 12-202 1 was 845.6 billion yuan. R&D investment ranks second among high-tech enterprises in the world.
Hua Ye still caught the point. External sanctions will only affect the income of an enterprise in time, but the continuous innovation of science and technology is the ultimate absolute power of enterprise development. Therefore, Huawei's investment in technology and talents is the biggest, which is also the main reason why most outstanding students are willing to work in Huawei. The company has high welfare benefits and can create its own life value at the same time.
5. Smart car business will be the next development focus of Huawei.
Huawei's annual report shows that in 2002 1 year, the investment in smart car solutions reached1billion US dollars, and the R&D team reached 5000 people. Huawei has built seven smart car solutions and listed more than 30 smart car parts.