The just-released performance report for the first three quarters of 2023 shows that sales reached 456.6 billion yuan, a year-on-year increase of 2.4%, with a net profit margin of 16%.

Some family members are puzzled, how can a 2.4% increase lead to such an outstanding performance?

We're talking about the profit statement here! If calculated based on the 16% profit margin announced by Huawei, just for the period from January to September, Huawei has achieved a net profit of 73 billion yuan, averaging a daily profit of 300 million yuan.

How outstanding is this number? Last year, Huawei's net profit for the whole year was only 35.6 billion yuan, which means that Huawei's profit for the first three quarters of this year has already exceeded twice that of last year, plus more.

For a horizontal comparison, last year JD.com's net profit was 10.38 billion yuan, which is equivalent to seven times that of JD.com.

Advertisement

Breaking it down, the first quarter's revenue was 132.1 billion yuan, with a net profit of 3.038 billion yuan, and a net profit margin of only 2.3%. What's the reason?

Naturally, it's due to excessive R&D investment; Huawei's R&D expenditure in 2022 was 161.5 billion yuan.

The second quarter's revenue was 178.8 billion yuan, with a net profit of 43.597 billion yuan; the third quarter's revenue was 145.7 billion yuan, with a net profit of 26.421 billion yuan;

The total profit for the second and third quarters is over 70 billion, indicating that R&D has achieved phased results, and the investment has slightly slowed down. But have you noticed, family members?

Isn't the third quarter the release date for the Mate 60 and M7?Why hasn't the net profit exceeded that of the second quarter yet?

The Huawei Mate 60 was only released at the end of August, and there was a shortage of supply at the time. The AITO M7 was launched in September, and only a small part of its sales were counted in the performance profit of the first three quarters.

What does this mean? It means that Huawei's performance will truly start to grow terrifyingly from the fourth quarter!

Huawei is gradually reclaiming the high-end smartphone market. During the National Day holiday, Huawei's market share has surpassed Apple, with the highest market share.

In the ultra-high-end market, Huawei's folding screen Mate X5 has also occupied the commanding heights of the market, leaving Apple behind.

In the smart car sector, the AITO M7 has sold more than 60,000 units just one month after its launch, and the AITO M9 has not been released yet.

Pre-orders have exceeded 15,000 units. You should know that the price of this SUV has reached 500,000 to 600,000 yuan. Huawei's dominance has crossed over from smartphones to cars.

Based on these points, everyone can guess what Huawei's annual performance will be like? The year 2023 will definitely be the beginning of Huawei's epic performance, and surpassing Apple is just a matter of time.

If Huawei goes public, the king of China's A-shares will definitely not be Moutai.

However, with the nature of A-shares, if you don't come, I will find your grandchildren and do it. Anyway, as long as it is related to Huawei, I will make it explode.For instance, take the former supplier of Apple's supply chain, O-Film Tech. After being ousted from Apple's industry chain, the company was on the brink of collapse, with its stock price plummeting to rock bottom. However, it has now made a remarkable recovery due to Huawei's acquisition, with its valuation doubling in just seven trading days.

According to employees at O-Film Tech's factory in Nanchang, they have recently hired thousands of workers and are still recruiting, working overtime every day to meet production demands.

Shenglong Shares, which is associated with the Wenjie series of automobiles, has seen its market value increase by four times in just 15 trading days due to providing配套 oil pumps and other products for the series. A host of smaller companies are following Huawei's lead, and this is not just about sharing in the profits—it's about feasting on the spoils.

Of course, in addition to these two Huawei industry chain companies, there are also companies like Kunlun Glass, Goertek, and Luxshare Precision, all of which are part of the mobile phone industry chain and are being driven by Huawei to share in the prosperity.

The domestic supply chain no longer needs to rely on Apple's favor. When you buy Apple products, 80% of the profits go to the United States, and they are even moving the assembly factories out of China, taking away even the opportunities for low-end manufacturing.

By supporting Huawei, all profits remain in China, driving the entire mobile phone industry chain to upgrade and innovate, reviving countless manufacturing factories, creating tens of thousands of jobs, and stimulating our economic development.

So, supporting Huawei is essentially supporting ourselves. Only when the economy is strong can we all get better. Therefore, what more reason do we need to support Huawei? What do you think?