OverviewSuggest Edit

ZTE is a provider of telecommunications systems, mobile devices, and enterprise technology solutions to consumers, carriers, companies and public sector customers. It operates in three segments: Carriers’ networks, Government and corporate business, and Consumer business. The company offers a range of wireless, wireline, cloud computing, and terminal products. Its solutions include consulting, maintenance support and spare parts management, LTE training, and wireless, fixed, bearer, VAS, and IPTV network optimization.

TypePublic
Founded1985
HQShenzhen, CN
Websitezte.com.cn
Employee Ratings3.7
Overall CultureC

Latest Updates

Employees (est.) (Dec 2020)73,709(+6%)
Revenue (FY, 2020)¥101.5 B(+12%)
Share Price (Nov 2021)¥31.8
Cybersecurity ratingCMore
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Key People/Management at ZTE

Li Zixue

Li Zixue

Chairman and Executive Director
Xu Ziyang

Xu Ziyang

Executive Director and CEO
Gu Junying

Gu Junying

Executive Director and Executive Vice President
Li Ying

Li Ying

Executive Vice President and Chief Financial Officer
Xie Junshi

Xie Junshi

Executive Vice President and Chief Operating Officer
Wang Xiyu

Wang Xiyu

Executive Vice President
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ZTE Office Locations

ZTE has offices in Shenzhen, Bellevue, Far Hills, Richardson and in 102 other locations
Shenzhen, CN (HQ)
No. 55, Hi-tech Road South
Bab Ezzouar, DZ
Bab Ezzouar Business District
Belas, AO
av . pedro de castro van - dunem loy, zona residencial 7
Buenos Aires, AR
Alicia Moreau de Justo 140, 1st floor
Melbourne, AU
level 6/128 Exhibition St
Wien, AT
Handelskai 92, Gate 1 / 11. OG / Top D
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ZTE Financials and Metrics

ZTE Revenue

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ZTE's revenue was reported to be ¥101.45 b in FY, 2020 which is a 11.8% increase from the previous period.
CNY

Revenue (Q1, 2021)

26.2b

Gross profit (Q1, 2021)

9.3b

Gross profit margin (Q1, 2021), %

35.4%

Net income (Q1, 2021)

1.9b

EBIT (Q1, 2021)

2.6b

Market capitalization (10-Nov-2021)

137.0b

Closing stock price (10-Nov-2021)

31.8

Cash (31-Mar-2021)

40.6b

EV

135.6b
ZTE's current market capitalization is ¥137 b.
Annual
CNYFY, 2018FY, 2019FY, 2020

Revenue

85.5b90.7b101.5b

Revenue growth, %

(21%)6%12%

Cost of goods sold

57.4b57.0b69.4b

Gross profit

28.1b33.7b32.1b
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

22.2b25.0b19.6b21.5b25.7b26.9b26.2b

Cost of goods sold

13.3b14.6b12.5b13.0b18.4b18.9b16.9b

Gross profit

8.9b10.3b7.2b8.5b7.3b8.0b9.3b

Gross profit Margin, %

40%41%36%39%29%30%35%
Annual
CNYFY, 2018FY, 2019FY, 2020

Cash

24.3b33.3b35.7b

Accounts Receivable

21.6b19.8b15.9b

Prepaid Expenses

615.5m402.5m321.8m

Inventories

25.0b27.7b33.7b
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

29.9b29.5b32.7b37.9b45.9b43.5b40.6b

Accounts Receivable

21.1b21.5b19.8b18.8b16.9b14.5b15.2b

Prepaid Expenses

782.9m696.6m700.2m370.4m445.1m426.0m264.0m

Inventories

26.7b27.3b29.8b27.6b37.2b39.4b34.1b
Annual
CNYFY, 2018FY, 2019FY, 2020

Net Income

(7.9b)5.8b4.4b

Depreciation and Amortization

2.5b3.6b4.0b

Inventories

337.9m(3.9b)(6.0b)

Accounts Payable

(16.6b)2.3b1.0b
Quarterly
CNYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

983.3m1.9b4.9b1.0b2.2b3.1b1.9b

Depreciation and Amortization

1.6b2.0b

Inventories

(2.7b)(9.9b)

Accounts Payable

(2.1b)10.1b
CNYFY, 2018

Revenue/Employee

1.3m

Debt/Equity

0.8 x

Debt/Assets

0.2 x

Financial Leverage

3.9 x
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ZTE Operating Metrics

FY, 2016Q2, 2017FY, 2017Q2, 2018FY, 2018Q2, 2019FY, 2019Q2, 2020

Patents and Patent Applications

68 k68 k69 k72 k73 k74 k74 k76 k

Patents

28 k29 k30 k33 k35 k36 k34 k36 k

Patents (5G)

3 k3.7 k5 k

Research Papers

34 k40 k40 k42 k45 k
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ZTE Acquisitions / Subsidiaries

Company NameDateDeal Size
Shenzhen Saijiaxun Investment Development EnterpriseOctober 31, 2017
NetaşAugust 22, 2017¥659.33 m
Suzhou Laxense TechnologyJune 30, 2017
Suzhou Luohe Leixin OptoelectronicJune 30, 2017
Zhuhai Guangtong BusOctober 22, 2016¥290.5 m
Shenzhen Zhongxing Software Company Limited
Shenzhen Zhongxing Telecom Technology & Service Company Limited
Shenzhen ZTE Capital Management Company Limited
Shenzhen ZTE Kangxun Telecom Company Limited
Xi’an Zhongxing New Software Company Limited
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ZTE Revenue Breakdown

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ZTE revenue breakdown by business segment: 11.1% from Government and Corporate Business, 15.9% from Consumer Business and 73.0% from Carriers’ Networks

ZTE revenue breakdown by geographic segment: 13.6% from Europe, Americas and Oceania, 67.1% from The PRC, 14.5% from Asia (excluding the PRC) and 4.8% from Other

Show all human capital metrics

ZTE Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

ZTE Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

ZTE Online and Social Media Presence

Embed Graph

ZTE Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    A+

    85/100

  • Compensation

    D+

    57/100

Learn more on Comparably

ZTE News and Updates

ZTE rolls out the world's first 5G Messaging application

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that it, together with the Sichuan Branch of China Mobile (hereinafter referred to as "Sichuan Mobile") and Dahantricom C…

ZTE selected by China Telecom in core router centralized procurement 2021

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, has been selected by China Telecom in the operator's core router centralized procurement 2021, with the core router ZXR10 T8000 gaining a…

ZTE's Cui Li: Truly vital breakthrough innovation is to make the best product on the marke

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today has announced that its Chief Development Officer, Cui Li, has shared her insights on breakthrough innovation at the round table for…

Telecom giant ZTE partners with Neusoft Reach for automotive OS

China’s telecom giant ZTE has signed a strategic partnership framework agreement with China’s major software company Neusoft Reach, to develop an automotive operation system that meets the market demands.

ZTE named to FTSE4Good Index Series

ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile internet, today announced that its A shares (000063.SZ) has been included in the FTSE4Good Index Series. This well recognizes ZTE's commitment to e…

Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B

Monthly Return for Equity Issuer and Hong Kong Depositary Receipts listed under Chapter 19B
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ZTE Frequently Asked Questions

  • When was ZTE founded?

    ZTE was founded in 1985.

  • Who are ZTE key executives?

    ZTE's key executives are Li Zixue, Xu Ziyang and Gu Junying.

  • How many employees does ZTE have?

    ZTE has 73,709 employees.

  • What is ZTE revenue?

    Latest ZTE annual revenue is ¥101.5 b.

  • What is ZTE revenue per employee?

    Latest ZTE revenue per employee is ¥1.4 m.

  • Who are ZTE competitors?

    Competitors of ZTE include Cisco, Motorola Solutions and Nokia.

  • Where is ZTE headquarters?

    ZTE headquarters is located at No. 55, Hi-tech Road South, Shenzhen.

  • Where are ZTE offices?

    ZTE has offices in Shenzhen, Bellevue, Far Hills, Richardson and in 102 other locations.

  • How many offices does ZTE have?

    ZTE has 115 offices.