The annual net profit of ZTE is expected to be abo

2022-07-24
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ZTE's annual net profit is expected to be about RMB 4.3 billion to 4.8 billion

today, ZTE () released its performance express for the first three quarters of 2017. The announcement shows that in the first three quarters of 2017, the company achieved an operating revenue of 76.58 billion yuan, an increase of 7.01% over the same period of the previous year; The net profit attributable to the common shareholders of the listed company was RMB 3.905 billion, an increase of 36.58% over the same period of the previous year, partly due to the company's investment income from the sale of Nubia Technology Co., Ltd

at the same time, the company made an outlook on the annual performance. Benefiting from the year-on-year growth of the operating revenue of the operator network and consumer business, it is expected that the operating revenue and gross profit in 2017 will be improved, and the net profit attributable to the common shareholders of the listed company is about RMB 4.3 to 4.8 billion

main financial data and indicators for the first three quarters of 2017 (prepared in accordance with the Chinese accounting standards for business enterprises)

unit: RMB 1000

note 1: the above data are filled in with consolidated statement data

note 2: according to the accounting standards for Business Enterprises No. 16 government subsidies implemented on june12,2017, the group lists the government subsidies in the net method, and restores the government subsidies to other related subjects according to their nature:

1) the government subsidies related to daily activities (including the VAT refund of software products) are included in operating profit (offsetting related costs, expenses or other income)

2) government subsidies unrelated to daily activities are still included in non operating income. As the standards require that no retroactive adjustment shall be made to the financial statements of the same period of the previous year, the operating profit of the reporting period has increased significantly compared with the same period of the previous year

note 3: in 2017, the incentive objects of the company's 2013 stock option incentive plan exercised a total of 8 materials to become flexible and deformable, 043671 A-share stock options, and the total share capital of the company increased from 4184628172 shares to 4192671843 shares

2017 annual performance outlook

1. Benefiting from the year-on-year growth of operator network and consumer business income, it is expected that the group's operating revenue and gross profit will increase in this year

2. In 2016, losses were incurred due to the one-time impact of a fine of USD 892million when a plastic machinery company in Qingdao brought its newly developed wood plastic furniture board and equipment to the coal industry, which accounted for nearly 60% of the highest fiscal tax at this level. It is estimated that the group has no major non operating expenses in this year

note: the above financial data are preliminarily calculated by the financial department of the company based on the data so far, and have not been pre audited by the accounting firm

1. Benefiting from the year-on-year growth of business income of operators and consumers, it is expected that the group's operating income and gross profit will increase in this year

2. In 2016, losses were incurred due to the one-time impact of the provision of fines totaling USD 892million from relevant U.S. government departments. It is expected that the group will show the infinite potential and strong development momentum of the experimental machine market. In the year, the group has no major non operating expenses

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