ZTE (000063.SZ) stock price, revenue, and financials

ZTE market cap is ¥103.8 b, and annual revenue was ¥110.52 b in FY 2021

¥103.8 B

000063.SZ Mkt cap, 26-May-2022

ZTE Revenue Q1, 2022

ZTE Gross profit (Q1, 2022)10.3 B

ZTE Net income (Q1, 2022)2 B

ZTE EBITDA (Q1, 2022)2.1 B

ZTE EBIT (Q1, 2022)2.5 B

ZTE Cash, 31-Mar-202259.2 B

ZTE EV106.3 B

Embed Graph

ZTE revenue breakdown by business segment: 99.9% from INCOME FROM CUSTOMER CONTRACTS and 0.1% from Other

CNY	FY, 2018	FY, 2019	FY, 2020	FY, 2021
Revenue	82.3b	88.0b	98.2b	110.5b
Cost of goods sold	(57.4b)	(57.0b)	(69.4b)	(74.2b)
Gross profit	27.5b	32.8b	31.4b	39.6b
R&D expense	(10.9b)	(12.5b)	(14.8b)	(18.8b)
Operating expense total	(25.0b)	(23.7b)	(17.5b)	(21.2b)
Depreciation and amortization	(2.7b)	(3.0b)	(10.0b)	(12.6b)
EBITDA	1.7b	8.4b	13.5b	18.3b
EBIT	(7.4b)	7.9b	4.6b	7.9b
Interest expense	(1.3b)	(1.7b)	(1.5b)	(1.5b)
Interest income	748.8m	931.9m	1.2b	1.5b
Pre tax profit	(7.4b)	7.2b	5.1b	8.5b
Income tax expense	400.9m	(1.4b)	(342.5m)	(1.5b)
Net Income	(6.9b)	5.8b	4.7b	7.0b

CNY	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022
Revenue	21.9b	21.3b	(23.7b)	21.3b	24.5b	27.8b	26.1b	25.0b	32.2b	27.7b
Cost of goods sold	(13.3b)	(13.8b)	14.6b	(13.0b)	(18.4b)	(18.9b)	(16.9b)	(16.9b)	(19.1b)	(17.4b)
Gross profit	8.5b	8.4b	(9.9b)	8.3b	7.2b	7.9b	9.1b	9.7b	11.5b	10.3b
R&D expense	(3.1b)	(3.4b)	3.6b	(895.7m)	(5.7b)	(4.2b)	(4.2b)	(4.7b)	(5.3b)	(4.7b)
Operating expense total	(6.9b)	(6.2b)	6.2b	(6.8b)	(4.6b)	(9.0b)	(7.7b)	(5.3b)	(12.1b)	(8.2b)
Depreciation and amortization		(1.4b)	1.4b		(1.7b)	1.7b		(2.7b)	2.7b
EBITDA	1.5b	2.3b	(3.8b)	1.4b	2.6b	(1.1b)	1.4b	4.3b	(535.5m)	2.1b
EBIT	2.1b	455.8m	567.6m	1.9b	1.5b	898.8m	2.2b	3.1b	2.4b	2.5b
Interest expense		(823.1m)	823.1m		(847.9m)	847.9m		(665.1m)	665.1m
Interest income		322.2m	(322.2m)		581.9m	(581.9m)		661.6m	(661.6m)
Pre tax profit	1.4b	850.2m	1.3b	1.0b	1.8b	1.1b	2.5b	3.0b	2.1b	2.4b
Income tax expense	(278.0m)	(135.0m)	(172.3m)	(219.3m)	(298.3m)	(222.7m)	(450.1m)	(526.2m)	(486.3m)	(406.4m)
Net Income	1.1b	715.3m	1.2b	809.1m	1.5b	891.4m	2.1b	2.5b	1.6b	2.0b

CNY	FY, 2018	FY, 2019	FY, 2020	FY, 2021
Cash	24.3b	33.3b	35.7b	50.7b
Accounts Receivable	21.6b	19.8b	15.9b	17.5b
Prepaid Expenses	615.5m	7.8b	8.3b	606.8m
Inventories	25.0b	27.7b	33.7b	36.3b
Current Assets	92.8b	102.6b	107.0b	127.9b
PP&E	10.2b	10.6b	13.0b	12.8b
Goodwill	186.2m	186.2m	309.5m
Total Assets	129.4b	141.2b	150.6b	168.8b
Accounts Payable	19.5b	18.4b	17.2b	21.7b
Short-term debt	32.9b	36.6b	24.0b	21.5b
Current Liabilities	89.4b	86.4b	74.4b	78.7b
Long-term debt	2.8b	10.9b	23.7b	30.7b
Non-Current Liabilities	7.0b	16.9b	30.1b	36.8b
Total Debt	35.7b	47.5b	47.7b	52.2b
Total Liabilities	96.4b	103.2b	104.5b	115.5b
Common Stock	4.2b	4.2b	4.6b	4.7b
Additional Paid-in Capital	10.9b	11.8b	22.7b	24.3b
Retained Earnings	7.0b	11.7b	14.8b	20.7b
Total Equity	33.0b	38.0b	46.1b	53.3b

CNY	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022
Cash	29.9b	29.5b	32.7b	37.9b	45.9b	43.5b	40.6b	50.1b	54.5b	59.2b
Accounts Receivable		21.5b	19.8b	18.8b	16.9b	14.5b	15.2b	14.6b	17.0b	16.4b
Prepaid Expenses	782.9m	696.6m	700.2m	370.4m	445.1m	426.0m	264.0m	311.7m	359.5m	543.4m
Inventories	26.7b	37.8b	40.9b	27.6b	37.2b	51.0b	34.1b	34.6b	37.4b	41.3b
Current Assets	101.9b	102.0b	107.9b	107.1b	125.3b	123.4b	112.6b	123.6b	134.8b	138.6b
PP&E	10.5b	11.3b	11.1b	10.7b	11.2b	12.9b	12.9b	12.8b	12.8b	12.9b
Goodwill	186.2m	186.2m	186.2m	186.2m	186.2m	186.2m	186.2m	186.2m	186.2m
Total Assets	139.9b	140.7b	147.2b	145.7b	165.4b	165.3b	155.6b	165.9b	176.6b	179.2b
Accounts Payable	29.5b	17.7b	18.5b	17.5b	26.9b	20.4b	19.8b	19.9b	23.1b	21.4b
Short-term debt	32.4b	44.5b	39.8b	30.3b	34.0b	30.4b	23.7b	29.4b	25.4b	25.6b
Current Liabilities	98.2b	97.0b	92.8b	78.0b	92.0b	89.7b	76.2b	83.8b	86.5b	81.1b
Long-term debt	3.5b	3.9b	9.1b	16.9b	22.8b	22.3b	23.8b	29.1b	31.1b	36.1b
Non-Current Liabilities	8.7b	10.0b	17.1b	23.6b	29.2b	30.8b	30.9b	31.9b	37.5b	42.8b
Total Debt	35.9b	48.4b	48.9b	47.3b	56.8b	52.7b	47.5b	58.5b	56.4b	61.7b
Total Liabilities	106.9b	106.9b	109.9b	101.6b	121.2b	120.5b	107.1b	115.7b	123.9b	123.9b
Common Stock	4.2b	4.2b	4.2b	4.6b	4.6b	4.6b	4.6b	4.6b	4.6b	4.7b
Additional Paid-in Capital	11.5b	10.9b	12.1b	23.2b	22.9b	23.3b	23.5b	22.7b	24.4b	25.5b
Retained Earnings	7.8b	8.5b	11.1b	12.5b	12.6b	13.5b	17.0b	18.0b	19.8b	22.9b
Total Equity	33.0b	33.8b	37.2b	44.0b	44.3b	44.8b	48.5b	50.2b	52.7b	55.3b

CNY	FY, 2018	FY, 2019	FY, 2020	FY, 2021
Net Income	(6.9b)	5.8b	4.7b	7.0b
Depreciation and Amortization	2.5b	3.1b	3.6b	4.2b
Accounts Receivable	6.4b	(2.9b)	3.9b	(2.6b)
Inventories	337.9m	(3.9b)	(6.0b)	(3.4b)
Accounts Payable	(16.6b)	2.3b	1.0b	8.4b
Cash From Operating Activities	(9.2b)	7.4b	10.2b	15.7b
Cash From Investing Activities	(965.7m)	(6.0b)	(7.1b)	(10.6b)
Short-term Borrowings	6.1b	9.6b	12.9b	5.8b
Dividends Paid	(2.2b)	(2.6b)	(3.0b)	(2.6b)
Cash From Financing Activities	888.1m	5.7b	(289.9m)	2.8b
Net Change in Cash	(9.0b)	7.4b	2.9b	7.7b

CNY	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021	Q3, 2021	Q1, 2022
Net Income		1.8b			2.3b			4.6b
Depreciation and Amortization		1.3b			1.7b			2.0b
Accounts Receivable		(52.5m)			926.5m			(827.7m)
Inventories		(2.7b)			(9.9b)			(599.4m)
Accounts Payable		(2.1b)			10.1b			4.7b
Cash From Operating Activities	1.3b	1.3b	2.9b	372.4m	2.0b	3.9b	2.4b	7.0b	11.2b	1.2b
Cash From Investing Activities	(2.1b)	(4.9b)	(3.3b)	(1.8b)	(7.6b)	(4.6b)	(4.6b)	(6.7b)	(11.5b)	(4.1b)
Short-term Borrowings	8.0b	11.3b	11.8b	6.3b	21.4b	14.4b	3.4b	9.8b	13.0b	8.7b
Dividends Paid	(993.6m)	(1.7b)	(2.3b)	(772.5m)	(1.2b)	(2.4b)	(424.9m)	(756.9m)	(2.1b)	(450.2m)
Cash From Financing Activities	6.4b	9.0b	8.7b	5.3b	13.9b	11.2b	2.8b	8.8b	10.6b	8.2b
Net Change in Cash	5.4b	5.5b	8.6b	4.0b	8.5b	10.7b	626.9m	9.0b	10.1b	5.4b

CNY	FY, 2018
Revenue/Employee	1.2m

ZTE's Smartphones Shipped was reported to be 7.1 m in Q1, 2018.

	FY, 2016	Q1, 2017	Q2, 2017	Q3, 2017	FY, 2017	Q1, 2018	Q2, 2018	FY, 2018	Q2, 2019	FY, 2019	Q2, 2020	FY, 2020	FY, 2021
Patents and Patent Applications	68 k		68 k		69 k		72 k	73 k	74 k	74 k	76 k	80 k	84 k
Patents	28 k		29 k		30 k		33 k	35 k	36 k	34 k	36 k	36 k	42 k
Patents (5G)								3 k	3.7 k		5 k
Research Papers	34 k		40 k		40 k		42 k	45 k				100 k	100 k
Data Centers Connected													140 k
New Partners												500	500
Patent Applications (Chips)										3.9 k	4.1 k
Projects Completed												300	330
Smartphones Shipped		13.3 m	12.2 m	9.8 m		7.1 m

	FY, 2019	FY, 2018	FY, 2017	FY, 2016
Customer Service	15.5%	14.8%	16.3%	16.6%
Sales and Marketing	12.8%	13.9%	15.2%	16.5%
Administration	7%	6.9%	6.1%	6.2%
Research and Development	40.4%	38.1%	38.7%	36.9%
Manufacturing	22.8%	24.8%	22.5%	22.7%
Other	1.6%	1.5%	1.2%	1.1%