May 5, TMT2024 – Huawei released its 2023 annual report, which showed that its overall operating performance was in line with expectations, with global sales revenue of RMB 704.2 billion and net profit of RMB 87 billion. In 2023, Huawei's ICT infrastructure business achieved sales revenue of 362 billion yuan, up 2.3% year-on-year, terminal business sales revenue of 251.5 billion yuan, sales revenue of cloud computing business increased by 21.9% year-on-year to 55.3 billion yuan, sales revenue of digital energy business increased by 3.5% year-on-year to 52.6 billion yuan, and sales revenue of intelligent vehicle solutions business reached 4.7 billion yuan, sales revenue increased by 128.1% year-on-year. In 2023, R&D investment will reach 164.7 billion yuan, accounting for 23.4% of annual revenue.
FII released its 2023 financial report. In 2023, the operating income will be 476.340 billion yuan, a year-on-year decrease of 6.94%, the net profit attributable to shareholders of listed companies will be 21.040 billion yuan, a year-on-year increase of 4.82%, and the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses will be 20.209 billion yuan, a year-on-year increase of 9.77%. FII's cloud computing business revenue reached 194.308 billion yuan.
Lenovo Group announced its results for the third quarter of the 2023/2024 fiscal year ended December 31, 2023. The Group's overall revenue for the quarter was US$15.721 billion (113.6 billion yuan), compared to US$15.267 billion in the same period last year, a year-on-year increase of 3%. Non-Hong Kong financial reported net profit was US$357 million, compared to US$447 million in the same period last year, down 20% year-on-year. Among them, the revenue of the smart device business group was US$12.362 billion, and the operating profit was US$911 million. The Infrastructure Solutions business group had revenue of $2.473 billion and an operating loss of $37.73 million. The Solution Services Group generated revenue of $2,021 million and operating profit of $412 million.
Midea Group announced its 2023 annual report. The total operating income was 373.7 billion yuan, a year-on-year increase of 8%, and the net profit attributable to the parent company was 33.7 billion yuan, a year-on-year increase of 14%. In 2023, Midea Group's domestic operating income will be about 221.1 billion yuan, a year-on-year increase of 9.87%, and its overseas operating income will be about 150.9 billion yuan, a year-on-year increase of 5.79%.
Xiaomi Group announces its fourth quarter and full-year 2023 results. Revenue in the fourth quarter was 73.244 billion yuan, compared to 66.047 billion yuan in the same period last year, a year-on-year increase of 10.9%. The quarterly operating profit was 5.057 billion yuan, compared with 3.356 billion yuan in the same period last year, a year-on-year increase of 50.7%. Quarterly adjusted net profit was RMB4.91 billion, compared to RMB1.46 billion in the same period last year, representing a year-on-year increase of 236.1%. Annual revenue was 271 billion yuan, compared with 280 billion yuan in the previous year, down 3.2% year-on-year. The annual operating profit was 20 billion yuan, compared with 2.82 billion yuan in the previous year, a year-on-year increase of 610.4%. The adjusted net profit for the year was 19.3 billion yuan, compared with 8.52 billion yuan in the previous year, a year-on-year increase of 126.3%.
Haier Smart Home released its 2023 annual report. In 2023, the revenue will be 261.428 billion yuan, a year-on-year increase of 7.33%, the operating profit will be 16.921 billion yuan, a year-on-year increase of 15.8%, and the net profit attributable to the parent company will be 16.597 billion yuan, a year-on-year increase of 12.81%. In 2023, Haier Smart Home's overseas revenue will be 136.412 billion yuan, a year-on-year increase of 7.62%.
TCL Technology released its 2023 annual performance report. The company's operating income was 174.446 billion yuan, a year-on-year increase of 4.69%, and the net profit attributable to shareholders of listed companies was 2.215 billion yuan, a year-on-year increase of 747.6%. During the reporting period, the semiconductor display business achieved an operating income of 83.655 billion yuan, a year-on-year increase of 27.26%, and a net loss of 7.07 billion yuan, a year-on-year decrease of 7.618 billion yuan. TCL Zhonghuan achieved an operating income of 59.146 billion yuan, a year-on-year decrease of 11.74%, and a net profit of 3.899 billion yuan, a year-on-year decrease of 44.88%.
TCL Electronics announces 2023 annual results. During the period, the company achieved revenue of HK$78.99 billion, a year-on-year increase of 10.7%. Net profit attributable to the parent company increased by 66.4% year-on-year to HK$740 million, and adjusted net profit attributable to the parent company increased by 14.0% year-on-year to HK$800 million. In 2023, TCL's global shipments of smart screens will increase by 6.2% year-on-year to 25.26 million units.
Luxshare Precision disclosed its 2023 annual report. In 2023, the operating income will be 231.905 billion yuan, up 8.35% year-on-year, and the net profit attributable to the parent company will be 10.953 billion yuan, up 19.53% year-on-year.
Gree Electric released its 2023 annual performance report. In 2023, the operating income will be 203.979 billion yuan, an increase of 7.93% year-on-year, and the net profit attributable to shareholders of listed companies will be 29.017 billion yuan, an increase of 18.41% year-on-year.
BOE discloses its 2023 annual report. The annual operating income was 174.543 billion yuan, down 2.17% year-on-year, the net profit attributable to shareholders of the listed company was 2.547 billion yuan, down 66.22% year-on-year, and the net loss attributable to shareholders of the listed company was 633 million yuan, which failed to turn around the loss.
Hisense Home Appliances released its 2023 annual report. In 2023, the operating income will reach 85.6 billion yuan, a year-on-year increase of 15.5%, and the net profit attributable to shareholders of the listed company will reach 2.837 billion yuan, a year-on-year increase of 97.73%. In 2023, the overseas business will achieve revenue of 27.92 billion yuan, a year-on-year increase of 12.3%.
Hisense Video released its 2023 annual performance report. During the reporting period, the company achieved revenue of 53.615 billion yuan, a year-on-year increase of 17.22%. The net profit attributable to the parent company was 2.096 billion yuan, a year-on-year increase of 24.82%.
Sichuan Changhong released its 2023 annual performance report. In 2023, the operating income will be 97.456 billion yuan, an increase of 5.38% year-on-year, the net profit attributable to the parent company will be 688 million yuan, an increase of 46.98% year-on-year, and the non-net profit will be 393 million yuan.
Changhong Meiling announced its 2023 results. The annual operating income was 24.248 billion yuan, a year-on-year increase of 19.95%, and the net profit was 741 million yuan, a year-on-year increase of 203.04%.
Changhong Huayi disclosed its 2023 annual report. In 2023, the company achieved a total operating income of 12.889 billion yuan, a year-on-year decrease of 1.58%, a net profit attributable to the parent company of 362 million yuan, a year-on-year increase of 37.83%, and a non-net profit of 309 million yuan, a year-on-year increase of 38.89%.
BYD Electronics announced its 2023 annual results. Turnover increased by 21.24% year-on-year to RMB129.957 billion, and profit attributable to owners of the parent company increased by 117.56% year-on-year to RMB4.041 billion. The consumer electronics business segment recorded revenue of 97.420 billion yuan, an increase of about 18.50% year-on-year. Among them, the revenue of parts and components was 13.637 billion yuan, a year-on-year decrease of 3.66%, and the assembly revenue was 83.783 billion yuan, an increase of 23.11% year-on-year. The revenue of new intelligent products was 18.441 billion yuan, a year-on-year increase of 21.27%. The revenue of the new energy vehicle business segment was 14.096 billion yuan, a year-on-year increase of 52.17%.
ZTE released its 2023 annual report. In 2023, the operating income will be about 124.251 billion yuan, a year-on-year increase of 1.05%, and the net profit attributable to the parent company will be about 9.326 billion yuan, a year-on-year increase of 15.41%. The revenue in the fourth quarter was 30.395 billion yuan and the net profit was 1.26 billion yuan.
Goertek released its 2023 annual report. During the reporting period, the company achieved operating income of 98.574 billion yuan, down 6.03% year-on-year, net profit attributable to shareholders of listed companies of 1.088 billion yuan, down 37.8% year-on-year, and non-net profit of 860 million yuan, down 47.16% year-on-year. In 2023, Goertek's revenue from intelligent hardware, intelligent acoustic machines and precision components will be 58.709 billion yuan, 24.185 billion yuan and 12.992 billion yuan respectively, down 6.93%, 6.55% and 7.23% respectively compared with the same period last year.
Hikvision released its 2023 annual report. The company achieved revenue of 89.340 billion, a year-on-year increase of 7.42%, and net profit attributable to listed shareholders of 14.108 billion, a year-on-year increase of 9.89%.
Tsinghua Unigroup announced its 2023 results. The company achieved operating income of 77.308 billion yuan, a year-on-year increase of 4.39%, and net profit attributable to the parent company of 2.103 billion yuan.
Skyworth Group released its audited 2023 annual performance report. During the year, the Group's overall turnover was RMB69.031 billion, representing a year-on-year increase of 29.1%. Profit for the year attributable to equity holders of the Company was RMB1,069 million, an increase of 29.3% over the previous year.
Inspur Information released its 2023 financial report. The revenue was 65.867 billion yuan, a decrease of 5.41% from the adjusted revenue in 2022, and the net profit was 1.783 billion yuan, a decrease of 14.54% from 2022.
Transsion Holdings disclosed its 2023 annual report, with operating income of 62.295 billion yuan in 2023, a year-on-year increase of 33.69%, and net profit of 5.537 billion yuan, a year-on-year increase of 122.93%.
Wingtech Technology announced its 2023 annual report. During the reporting period, the operating income was 61.212 billion yuan, a year-on-year increase of 5.40%, the net profit attributable to shareholders of listed companies was 1.181 billion yuan, a year-on-year decrease of 19.00%, and the non-net profit was 1.127 billion yuan, a year-on-year decrease of 28.58%.
USI's 2023 results. The company's operating income for the whole year was 60.792 billion yuan, down 11.27% year-on-year, and the net profit attributable to the parent company was 1.948 billion yuan, down 36.34% year-on-year.
Lens Technology disclosed its 2023 annual report. During the reporting period, the company achieved operating income of 54.491 billion yuan, a year-on-year increase of 16.69%. net profit attributable to shareholders of listed companies was 3.021 billion yuan, a year-on-year increase of 23.42%. In terms of business, the operating income of smart phones and computers was 44.901 billion yuan, a year-on-year increase of 17.50%. The new energy vehicle and intelligent co*ckpit business achieved operating income of 4.998 billion yuan, a year-on-year increase of 39.47%. The smart headset and smart wearable business achieved operating income of 3.104 billion yuan, a year-on-year decrease of 12.29%.
SMIC Releases 2023 Annual Report. During the reporting period, the company achieved operating income of 45.25 billion yuan, down 8.6% year-on-year, and net profit attributable to shareholders of listed companies of 4.823 billion yuan, down 60.3% year-on-year. In 2023, the wafer foundry revenue corresponding to smartphones, computers and tablets, consumer electronics, connected and wearables, and industrial and automotive will account for 26.7%, 26.7%, 25%, 12.1%, and 9.5%, respectively.
Dahua released its 2023 annual report. In 2023, the company will achieve operating income of 32.218 billion yuan, a year-on-year increase of 5.41%, net profit attributable to shareholders of the parent company of 7.362 billion yuan, a year-on-year increase of 216.73%, and net profit attributable to the parent company of 2.962 billion yuan, a year-on-year increase of 87.39%.
Sunny Optical Technology released its 2023 results. The Company's revenue for the year was RMB31.7 billion, representing a decrease of approximately 4.6% from last year. Profit attributable to shareholders of the Company for the year was approximately RMB1.1 billion, representing a decrease of approximately 54.3% from last year.
JCET, a provider of integrated circuit finished products manufacturing and technology services, announced its 2023 annual report. For the full year of 2023, the Company achieved operating revenue of RMB29.66 billion and net profit of RMB1.47 billion, of which revenue in the fourth quarter was RMB9.23 billion, up 11.8% quarter-on-quarter and approximately 3% year-on-year, and net profit of RMB500 million in the fourth quarter, up 3.9% quarter-on-quarter. The company's R&D investment in 2023 reached RMB1.44 billion, a year-on-year increase of 9.7%.
AAC Technologies announced its results for the year ended 2023, with revenue of RMB20.419 billion and profit attributable to owners of the company of RMB740 million.
Hua Hong Semiconductor announced its 2023 annual results. The annual operating income was 16.232 billion yuan, a year-on-year decrease of 3.30%. net profit attributable to shareholders of listed companies was 1.936 billion yuan, down 35.64% year-on-year.
Supor released its 2023 annual report. The company's annual operating income was 21.304 billion yuan, an increase of 5.62% over the same period of last year, and the net profit attributable to the parent company was 2.18 billion yuan, an increase of 5.42% over the same period of last year. In terms of industries, Supor's electrical appliance business will achieve revenue of 14.963 billion yuan in 2023, an increase of 8.40% year-on-year, and the cookware business will achieve revenue of 6.056 billion yuan in 2023, a year-on-year decrease of 1.07%.
OFILM released its 2023 annual report. During the period, the operating income was 16.862 billion yuan, a year-on-year increase of 13.73%, the net profit attributable to the parent company was 76.905 million yuan, a year-on-year turnaround, and the non-net loss was 293 million yuan.
Bull Group disclosed its annual report, achieving operating income of 15.695 billion yuan in 2023, a year-on-year increase of 11.46%, and net profit of 3.87 billion yuan, a year-on-year increase of 21.37%.
Ecovacs released its 2023 annual report. In 2023, the revenue will be 15.502 billion yuan, a year-on-year increase of 1.16%, and the net profit will be 612 million yuan. The revenue of overseas business for the whole year was 6.522 billion yuan, a year-on-year increase of 25.76%, and the overseas business revenue of Ecovacs brand and Timco brand increased by 20.1% and 40.5% year-on-year respectively.
Note: The start time of each company's fiscal year is different from that of a natural year, so there may be inconsistencies between the fiscal quarter and year.
