ZTE Corporation

000063

CNE000000TK5

Communications & Networking

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-14 pm EDT			5-day change	1st Jan Change
28.18 ^CNY	-1.78%		+1.99%	+6.42%

May. 15	US to issue rules on Chinese connected vehicles this fall	RE
May. 09	Ying Li Extends Loan Agreement with China Everbright Finance	MT

ZTE Corporation Provides Earnings Guidance for the Year Ended December 31, 2021

January 28, 2022 at 03:54 am EST

ZTE Corporation provided earnings guidance for the year ended December 31, 2021. For the year ended December 31, 2021, the company expects net profit attributable to holders of ordinary shares of the listed company of RMB 6,500,000,000 to RMB 7,200,000,000; Basic earnings per share of RMB 1.40 to RMB 1.55.

Latest news about ZTE Corporation

US to issue rules on Chinese connected vehicles this fall	May. 15	RE
Ying Li Extends Loan Agreement with China Everbright Finance	May. 09	MT
US could ban Chinese connected vehicles or impose restrictions	May. 08	RE
US could ban Chinese connected vehicles or impose restrictions, US commerce secretary says	May. 08	RE
US Communication Watchdog to Ban Wireless Equipment from Chinese Telecommunication Firms	May. 03	MT
More funds needed for US telecoms to remove Chinese equipment, says FCC	May. 02	RE
Many US telecom firms need more funding to replace Huawei and ZTE equipment, FCC says	May. 02	RE
US moves to bar Huawei, other Chinese telecoms from certifying wireless equipment	May. 01	RE
Agency bars Chinese telecom carriers from offering US broadband services	Apr. 25	RE
Net neutrality rules to be restored in US agency vote	Apr. 25	RE
US agency to vote to restore net neutrality rules	Apr. 25	RE
ZTE Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
Ying Li Returns to Profit in 2023 as Revenue Rises 25.5%	Apr. 14	MT
China Telecom Research Institute, ZTE Corporation and Yangtze Optical Fibre and Cable Joint Stock Limited Company Jointly Set World Record for Real-Time Transmission of over 120Tbit/s on A Single Fibre in S+C+L Band	Apr. 11	CI
Ying Li International Appoints Acting CEO	Apr. 04	MT
Telecom sector opposes US plan to reinstate net neutrality rules	Apr. 03	RE
FCC to vote to restore net neutrality rules, reversing Trump	Apr. 02	RE
Jefferies Downgrades ZTE to Underperform From Buy, Adjusts Price Target to HK$10.30 From HK$23.22	Apr. 02	MT
Ying Li International, Indirect Unit Secure Loans from China Everbright Subsidiaries	Mar. 11	MT
Jefferies Adjusts ZTE Corp.’s Price Target to HK$23.22 From HK$24.97, Keeps at Buy	Mar. 11	MT
Nomura Adjusts ZTE Corp’s Price Target to HK$23 From HK$32.50, Keeps at Buy	Mar. 11	MT
ZTE's 2023 Profit Rises on Higher Revenue	Mar. 10	MT
ZTE's Profit Rises as Margins Improve	Mar. 10	DJ
Zte Corporation Announces Final Dividend for the Year Ended 31 December 2023	Mar. 08	CI
ZTE Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 08	CI

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Company Profile

ZTE Corporation specializes in the design, manufacturing and marketing of telecommunications equipment and solutions. Net sales break down by market as follows: - wired and mobile network operators (73%): sales of network systems and equipment (routers, switches, modems, servers, WLAN products, Ethernet gateways, broadband access systems, optical products, etc.); - individuals (15.9%): manufacturing and sales of mobile devices (smartphones, phones, tablets, mobile video game terminals, smart projectors, cameras, very high speed mobile modems, etc.); - enterprises and government organizations (11.1%): design and development of computerization solutions, interconnection and data transmission systems, data center solutions, video surveillance systems, videoconferencing equipment, network products, cloud computing architectures, etc. Net sales are distributed geographically as follows: China (67.1%), Asia (14.5%), Europe-Americas-Oceania (13.6%) and Africa (4.8%).

Sector

Communications & Networking

Calendar

2024-08-28 - Q2 2024 Earnings Release (Projected)

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Ratings for ZTE Corporation

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

28.18 CNY

Average target price

33.55 CNY

Spread / Average Target

+19.05%

Consensus

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Other Communications & Networking

ZTE Corporation

Equities

000063

CNE000000TK5

Communications & Networking

ZTE Corporation Provides Earnings Guidance for the Year Ended December 31, 2021

EPS Revisions