Ren Zhengfei 1.42% stake
Huawei's annual six Aspect
Yesterday, Huawei has come up with a very impressive earnings and revenue 149.059 billion yuan, up 19.0%, net profit of 18.274 billion yuan, up 132.8%, operating cash flow was 21.7 billion yuan, up 237% .
Last year, under the pressure of the global market, to achieve this result it is not easy, however, because Huawei is not a listed company, announced its financial results for the caliber will be adjusted as the business, sorry about that, because the domestic market last year The explosion and the shrinkage of the international market, Huawei's international market share of income than 75% in 2008 dropped sharply, but even though it is to figures released over the years, but last year's earnings, this figure does not reflect.
It is noteworthy that Huawei's earnings report last year, first disclosed the company's equity position, which in the past several years, has been as highly confidential and only remain in the rumor level. Foreign media have been questioned because of military or government backgrounds Huawei Huawei in earnings given a detailed description, perhaps reminiscent of the Huawei does in the market for entry into the United States to make preparations.
Annual report, Huawei Technologies Co., Ltd. is wholly owned by the Shenzhen Huawei Investment Holdings Limited, Huawei Holding is 100% privately held by the employees without any third party (including government) holding the shares held by Huawei.
As of December 31, 2009, Huawei controlling shareholders including Shenzhen Investment Holdings Co., Ltd. Huawei Ren Zhengfei trade union committee and the former was 98.58% stake, Ren Zhengfei 1.42% stake.
Huawei, Huawei holding by trade unions on employee stock ownership plan, ESOP number of participants was 61 457 at present, all employees from the company constituted. According to statements Yafang Sun, Huawei has 95,000 employees in total, the shareholding ratio reached 64.69 percent employees.
Not difficult to see from the annual report, net income and cash flow significantly increase the performance of Huawei are two major highlights in 2009. Since last year's performance driven, Huawei's performance over the past 5 years, compound annual growth rate (CAGR) has been greatly improved. According to Huawei's 2008 earnings, from 2004 to 2008 in 5 years, the average annual compound revenue growth rate of 48%, profits 17% compound annual growth rate.
However, from 2005 to 2009 compound annual growth rate of revenue decline when compared with earlier, dropped to 33%, operating profit but never 17% compound annual growth rate almost doubled, reaching 33%, in addition to , cash flow from operating activities compound annual growth rate as high as 40%.
But the annual report also shows that to achieve 2009 net profit of 18.274 billion yuan, partly because revenue growth and operating margins improved, partly because of changes in exchange gains and losses increased 6.937 billion yuan profit, excluding the impact of this factor so, Huawei in 2009 net profit rose 26.5%.
In the past year, due to financial crisis, Huawei's cash flow and other financial conditions of concern. Huawei's operating cash flow in 2009 was 21.7 billion yuan, up 237%, in particular, the cash received from customers reached 165.802 billion yuan, compared with an increase of 44.7% in 2008, showing conditions of payment, be greatly improved.
However, Huawei's asset-liability ratio in 2009 is still not optimistic, though only 68.3% compared with 2008 increased by 0.7 percentage points, but also reached a high of 69%, and the proportion from the past five years has been increased to 2009 record high.
However, Huawei's credit structure has been greatly improved. In 2008, Huawei's short-term borrowing in total debt in the proportion as high as 92.7%, which makes Huawei the short-term financial risk to increase. In 2009, Huawei's short-term liabilities decreased by 39.3%, while the long-term loans grew by 727.5 percent, and the proportion of total debt increased from 7.3% to 51.8%. Greatly mitigate the risk of short-term debt.
Meanwhile, Huawei's accounts receivable turnover days than in 2008, a decrease of 2 days, heaven from 127 to 125 days, but the total amount of accounts receivable increased by 17.1%, reaching 51.875 billion yuan. From multiple indicators, Huawei in 2009 to enhance management efficiency and optimization are obvious, and that the performance of Huawei had a significant impact.