Shulou(Shulou.com)11/24 Report--

CTOnews.com March 10 news, ZTE released its 2022 annual performance report today. During the reporting period, the Company realized operating income of 122.95 billion yuan, with a year-on-year growth of 7.4%; net profit attributable to parent was 8.08 billion yuan, with a year-on-year growth of 18.6%; net profit deducted from non-parent was 6.17 billion yuan, with a year-on-year growth of 86.5%.

In 2022, ZTE achieved year-on-year growth in operating revenue from its two major domestic and international markets, operator networks, government-enterprise and consumer business segments.

The domestic market realized operating revenue of 85.24 billion yuan, accounting for 69.3% of the overall operating revenue; the international market realized operating revenue of 37.71 billion yuan, accounting for 30.7% of the overall operating revenue.

In terms of operator network, operating revenue reached 80.04 billion yuan, up 5.7% year-on-year. According to the latest report of external institutions, ZTE ranked second in the world in terms of shipments of 5G base stations, 5G core networks and optical transmission 200G ports in 2022, and PON OLT revenue rose to second in the world. In 2022, ZTE ranked first in the server collection of multiple operators in China.

In terms of government and enterprise business, operating income reached 14.63 billion yuan, up 11.8% year-on-year. ZTE's core product servers and storage, GoldenDB distributed database, cloud computers, etc. achieve rapid growth in the number of head customers in finance, Internet, government and other industries.

In terms of consumer business, operating income reached 28.28 billion yuan, up 9.9% year-on-year. In 2022, ZTE, Nubia and Red Devil launched a variety of models to cover different market demands; the shipments of mobile Internet products 5G MBB&FWA continued to rank first in the world; home information terminals achieved leapfrog growth, PON CPE and DSL CPE shipments ranked first in the world, and the market share of set-top boxes continued to lead.

In addition, in 2022, ZTE rapidly expanded its second curve business represented by servers and storage, 5G industry applications, automotive electronics, terminals, digital energy, etc. During the reporting period, the innovation business of the second curve maintained rapid growth, with operating revenue increasing by more than 40% year-on-year, among which, the server and storage operating revenue was nearly 10 billion yuan, with a year-on-year growth of nearly 80%.

CTOnews.com learned from the announcement that ZTE's R & D investment in 2022 reached 21.6 billion yuan, accounting for 17.6% of operating revenue.

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