A: Basic Information of the Company
Full Name: ZTE Corporation
Stock Code: 000063
Stock Abbreviation: ZTE Corporation
Region: China
Industry: Telecommunications Equipment
Date of Establishment: 1985
Founder: Hou Weigui
Company Website: http://www.zte.com.cn
Registered Address: High-Tech Industrial Park, Science and Technology South Road, ZTE Building, Nanshan District, Shenzhen, Guangdong Province, China
Business Operations: Design, development, production, sales, and services of integrated ICT products and solutions
Company Profile: ZTE Corporation is a global leader in providing comprehensive communication information solutions. The company offers innovative technology and product solutions to customers in various countries and regions worldwide. With a full range of "wireless, wired, cloud computing, terminals," and other products, ZTE flexibly meets the differentiated needs of global operators and enterprise customers, as well as their pursuit of rapid innovation.
B: Value Investment Analysis
Key Financial Indicators:
In the first half of 2024, ZTE Corporation achieved a revenue of 59.82 billion yuan, a year-on-year increase of 12.8%; the net profit attributable to the shareholders of the listed company was 4.02 billion yuan, a year-on-year increase of 33.3%.
Company Investment Value:
As a global leader in communication equipment manufacturing, ZTE Corporation possesses strong R&D capabilities and innovation capacity. The company continues to invest in cutting-edge technologies such as 5G, chips, databases, and cloud computing, maintaining its leading position in the industry. With the rapid deployment and commercial application of 5G networks worldwide, ZTE's market share is expected to further increase, bringing long-term and stable returns to investors.
Company Growth Potential:
ZTE Corporation is continuously increasing its R&D investment in frontier technology fields such as 5G, 6G, artificial intelligence, and cloud computing, promoting product innovation and market expansion. The company actively participates in global communication standardization work and holds a large number of patent technologies, laying a solid foundation for future growth. In addition, the company's government and enterprise business, as well as consumer business, both show strong growth momentum, especially in the expansion of the smartphone, home terminal, and industrial internet markets, providing broad space for the company's long-term development.
Industry Support Policies:
The Chinese government places great emphasis on the development of new technologies such as 5G and artificial intelligence, introducing a series of policies to support innovation and application in the communication industry. With the advancement of national strategies such as "New Infrastructure" and "Digital China," ZTE Corporation will benefit from policy dividends and further accelerate the pace of technological research and market expansion.
International Policy Risks:
ZTE Corporation operates globally and needs to face the policy environment of different countries and regions. Although the company has established a relatively sound compliance system, factors such as international trade friction and restrictions on technology exports may still have certain impacts on the company's international business.
A.Top's Investment Review:
ZTE Corporation, as a leader in the communication industry, demonstrates strong investment value and growth potential with its core technical advantages in 5G, chips, cloud computing, and other fields, as well as continuous innovation capacity and extensive global market layout. With the acceleration of global digital transformation, ZTE is expected to seize new opportunities for industry development, achieve sustained and healthy growth, and bring considerable returns to investors.