Background:

On March 28, 2022, Huawei released the relevant performance data of the 2021 Annual Report. According to the report, Huawei's overall operation is stable, achieving global sales revenue of RMB 636.8 billion and net profit of RMB 113.7 billion, an increase of 75.9% year-on-year. Facing the future, Huawei will continue to increase R&D investment, reaching RMB142.7 billion in 2021, accounting for 22.4% of annual revenue, and the cumulative R&D expenditure invested in the past ten years will exceed

RMB845 billion.

On August 12, 2022, Huawei released its operating results for the 2022 Semi-annual Report. In the first half of 2022, the company achieved sales revenue of RMB 301.6 billion and a net profit margin of 5.0%. Among them, the operator's business revenue was RMB142.7 billion, the enterprise business income was RMB54.7 billion and the terminal business revenue was RMB101.3 billion.

Under the dual adverse factors of sanctions and the epidemic, Huawei's 2021 annual revenue fell for the first time since 2002, but its net profit did not fall but rose, and achieved substantial growth. In the first half of 2022, the and the overall operating results are in line with expectations.

Please take the sanctions and the epidemic as the background and complete the business research report respected to Huawei.

Requipment

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