Performance of China’s 29 largest electronic and home appliance companies in the first half of 2020, including Huawei, Lenovo, Xiaomi, Midea, Haier and Gree

Huawei released its business performance in the first half of 2020. In the first half of 2020, the company achieved sales revenue of 454 billion yuan, an increase of 13.1% compared with 401.3 billion yuan of the same period last year, and the net profit margin was 9.2%. Among them, the business income of operators is 159.6 billion yuan, that of enterprises is 36.3 billion yuan, and that of consumers is 255.8 billion yuan. < p > < p > Lenovo Group released the first quarter financial report of fiscal year 2020 / 2021. Revenue was $13.348 billion, up 7% year-on-year, and net profit was $213 million, up 31% year-on-year. The group’s revenue increased by 5.2% year-on-year to $11.736 billion. Among them, the revenue of personal computer and intelligent equipment business increased by 10.1% year-on-year to reach 10.603 billion US dollars, accounting for 80% of the group’s total revenue. Mobile recorded quarterly revenue of $1093 million, down 27% from the same period last year. < p > < p > according to the semi annual report disclosed by industrial Fulian, in the first half of 2020, the company realized an operating revenue of 176.654 billion yuan, a year-on-year increase of 3.6%; net profit of 5.041 billion yuan, a year-on-year decrease of 7.98%; and deduction of non net profit of 5.585 billion yuan, a year-on-year increase of 7.7%. During the reporting period, the revenue of cloud computing business was 79.535 billion yuan, with a year-on-year increase of 4.24%; that of communication and mobile network equipment business was 96.346 billion yuan, with a year-on-year growth of 3.01%. Midea Group released its 2020 semi annual report. According to the announcement, in the first half of 2020, the company’s total operating revenue was 139.7 billion yuan, a year-on-year decrease of 9.47%; the net profit attributable to the parent company was 13.9 billion yuan, a year-on-year decrease of 8.29%. In terms of revenue structure, the revenue of HVAC 64.03 billion yuan accounted for 46.04% of the total revenue, followed by consumer electrical appliances of 53.034 billion yuan, accounting for 38.14%, and robot and automation system of 9.523 billion yuan, accounting for 6.85%. < p > < p > Haier Zhijia disclosed the semi annual report that in the first half of 2020, the company’s revenue was 95.728 billion yuan, a year-on-year decrease of 4.29%; and the net profit was 2.78 billion yuan, a year-on-year decrease of 45.02%. Overseas market revenue reached 47 billion yuan, up 0.6% year on year. < p > < p > Haier electric appliances released its mid-term performance in 2020, with revenue of RMB 35.075 billion, a year-on-year decrease of 5.1%. The profit attributable to shareholders was 1.335 billion yuan, a year-on-year decrease of 27.3%. Xiaomi group released the financial report for the second quarter and the first half of 2020. In the first half of 2020, the total revenue reached 103.2 billion yuan, a year-on-year increase of 7.9%, and the adjusted net profit reached 5.7 billion yuan. In the second quarter, the revenue of Xiaomi group reached 53.5 billion yuan, a year-on-year increase of 3.1%. After adjustment, the net profit reached 3.4 billion yuan. In the second quarter, the revenue of smart phones was 31.6 billion yuan, a year-on-year decrease of 1.2%, and the sales volume of smart phones in this quarter was 28.3 million units; the income of IOT and consumer products was 15.3 billion yuan, with a year-on-year growth of 2.1%; the income of Internet services was 5.9 billion yuan, with a year-on-year growth of 29.0%. In the second quarter, Xiaomi’s overseas market revenue reached 24 billion yuan, accounting for 44.9% of the total revenue. Gree Electric Co., Ltd. announced the financial report for the first half of 2020, with revenue of 69.5 billion yuan, a year-on-year decrease of 28.57%, and net profit of 6.362 billion yuan, a year-on-year decrease of 53.73%. In the first half of the year, Gree Electric achieved 41.333 billion yuan of air-conditioning product revenue, down 47.89% year-on-year. In the first half of 2020, BOE a disclosed a semi annual report, with an operating revenue of 60.867 billion yuan, a year-on-year increase of 10.59%, and a net profit of 1.135 billion yuan, a year-on-year decrease of 31.95%. According to the semi annual report of TCL technology disclosure, after the restructuring in the first half of 2020, the operating revenue of the same caliber will be 29.333 billion yuan, with a year-on-year increase of 12.3%; and the net profit will be 1.208 billion yuan, a year-on-year decrease of 42.26%. TCL electronics holdings released the second quarter and mid-term results of 2020. Excluding the television OEM business, the company realized an operating revenue of HK $17.28 billion in the first half of 2020, of which the operating revenue in the second quarter reached HK $10.28 billion, an increase of 36.6% year-on-year. In the first half of the year, the net profit attributable to the parent company was HK $470 million and HK $460 million after deducting non-profit. In the second quarter, the sales volume of TCL brand TV sets increased by 31.6% to 5.81 million sets. According to the financial report of the first half of 2020 released by Sichuan Changhong, the operating revenue was 38.027 billion yuan, a year-on-year decrease of 4.85%, and a net loss of 260 million yuan. In terms of product classification, the revenue of Changhong TV in Sichuan in the first half of the year was 4.234 billion yuan, and that of IT products was 15.809 billion yuan. Changhong Meiling, the holding company responsible for the white power business, had an operating income of 6.796 billion yuan, a year-on-year decrease of 25.59%, and a net profit loss of 210 million yuan attributable to the shareholders of the listed company. According to the semi annual report of 2020 released by Hisense appliances, the company realized a business income of 21.087 billion yuan in the first half of the year, an increase of 11.27% compared with that of 18.950 billion yuan in the same period of last year. The net profit attributable to shareholders of listed companies was 503 million yuan, down 47.56% year on year. In the first half of 2020, the company realized revenue of 15.9 billion yuan, a year-on-year growth of 5.28%, and a net profit of 366 million yuan, a year-on-year increase of 488%. In the first half of the year, the company achieved revenue of 36.452 billion yuan, a year-on-year increase of 70.01%; net profit of 2.538 billion yuan, a year-on-year increase of 69.01%; deduction of non net profit of 2.338 billion yuan, a year-on-year increase of 64.16%. In the second quarter, Lixun precision achieved a net profit of 1.556 billion yuan, a year-on-year increase of 75.70%. < p > < p > Inspur information disclosure 2020 semi annual report, during the reporting period, the company achieved operating revenue of 30.286 billion yuan, a year-on-year increase of 40.60%; the net profit attributable to shareholders of listed companies was 406 million yuan, with a year-on-year increase of 48.45%. According to the semi annual report of 2020 issued by Ziguang Co., Ltd., the company’s operating revenue from January to June 2020 was 25.549 billion yuan, with a year-on-year increase of 11.66%. The net profit attributable to shareholders of listed companies was 881 million yuan, with a year-on-year increase of 4.21%. Hikvision released the semi annual report of 2020. During the reporting period, the company achieved a revenue of 24.271 billion yuan, an increase of 1.45% year on year. The net profit attributable to the owners of the parent company was 4.624 billion yuan, with a year-on-year increase of 9.66%. In the first half of the year, the company realized 23.465 billion yuan of operating revenue, a year-on-year decrease of 0.53%, and a net profit of 502 million yuan, a year-on-year increase of 2290.28%. During the reporting period, orders from some key customers increased, the company’s optical business continued to maintain rapid growth, camera module and optical lens shipment increased, and benefited from the growth of tablet computer sales of key customers and optimization of touch business structure, the company’s overall profitability continued to improve. < p > < p > BYD electronics released its performance in the first half of 2020, with a turnover of 31.386 billion yuan, a year-on-year increase of 34.82%; the profit attributable to owners was 2.473 billion yuan, with a year-on-year increase of 329.90%. Thanks to the continuous increase in the share of existing major customers, the shipment of high-end smart phones and tablet computers increased, and the shipment of glass and ceramic products doubled year on year. The new intelligent products business segment introduces new customers to help the future business growth. At the same time, medical protection products provide positive contribution to the growth of sales revenue and profit of the group. < p > < p > BYD disclosed the semi annual report that in the first half of 2020, it realized 60.503 billion yuan of operating revenue, a year-on-year decrease of 2.7%, and a net profit of 1.662 billion yuan, a year-on-year increase of 14.29%. Mobile phone parts and assembly business revenue was 23.38 billion yuan. The revenue of rechargeable battery and photovoltaic business was 4.79 billion yuan, with a year-on-year increase of 7.59%. SunYu optics announced its performance in the first half of 2020, with revenue of 18.864 billion yuan, a year-on-year increase of 21.1%, and a profit attributable to shareholders of 1.749 billion yuan, a year-on-year increase of 22.2%. During the period, the revenue of optical parts business was about 3.864 billion yuan, an increase of 2.4% over the same period last year. The revenue of photoelectric products business was about 14.874 billion yuan, an increase of 27.3% over the same period last year. < p > < p > Shenzhen Konka a released the semi annual report of 2020, and realized the operating revenue of 17.524 billion yuan, a year-on-year decrease of 32.69%; the net profit attributable to the shareholders of the listed company was 94.7018 million yuan, a year-on-year decrease of 73.15%; the net loss of deducting non recurring profit and loss attributable to the shareholders of the listed company was 650 million yuan, compared with the net loss of 623 million yuan in the same period of last year. < / P > < p > Skyworth Group released its interim results for the six months ended June 30, 2020. In the first half of the year, the company’s operating revenue reached 15.979 billion yuan, down 7.3% year on year; the company’s equity holders should account for 391 million yuan of profit, an increase of 116% year-on-year. During the period, the turnover from overseas market was 5.582 billion yuan, accounting for 34.9% of the total turnover of the group. In the first half of the year, the company realized 15.573 billion yuan of operating revenue, a year-on-year increase of 14.71%, and a net profit of 781 million yuan, a year-on-year increase of 49.05%. The company’s sales revenue of precision components, intelligent wireless headset, virtual reality and other related products increased, and the profitability improved. < p > < p > voice holdings released the semi annual report of 2020, the company realized 13.85 billion yuan of operating revenue, a year-on-year increase of 31.81%, and the net profit attributable to the shareholders of the parent company was 1.091 billion yuan, with a year-on-year increase of 33.42%. SMIC released its interim performance report for 2020. According to the financial report, in the first half of 2020, the revenue was 1.843 billion US dollars, a year-on-year increase of 26.3%; the net profit was 202 million US dollars, with a year-on-year increase of 556%. < p > < p > semiconductor microsystem integration and packaging test service provider Changdian technology announced the first half of the financial report as of June 30, 2020. The revenue in the second quarter was 6.27 billion yuan, and that in the first half of the year was 11.98 billion yuan. On a comparable basis, taking into account the accounting changes in revenue recognition, the year-on-year growth of revenue in the quarter and the first half of the year was 55.3% and 49.8% respectively. The net profit in the second quarter was 230 million yuan, and that in the first half of the year was 370 million yuan, which was the highest in the second quarter and the first half of the past five years. In the first half of 2020, the net profit attributable to shareholders of listed companies was about 1.369 billion yuan, up 10.5% year on year, and the operating income was about 9.838 billion yuan, a year-on-year decrease of 8.96%. Huawei has finally made a choice! Xiaomi and ov have also followed up. Have you ever thought about today?