Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  ZTE Corporation    000063   CNE000000TK5

ZTE CORPORATION

(000063)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

ZTE : 3Q Net Profit Plunged 68%

10/28/2020 | 07:04pm EST

By Yi Wei Wong

ZTE Corp. reported that its third-quarter net profit plunged as investment income fell.

The telecommunication company reported late Wednesday that its third-quarter net profit fell 68% to 854.8 million Chinese yuan ($127 million).

Investment income fell by CNY75.8 million during the third quarter, ZTE said.

Operating revenue gained 37% to CNY26.93 billion in the third quarter, the company said.

Write to Yi Wei Wong at yiwei.wong@wsj.com

(END) Dow Jones Newswires

10-28-20 2003ET

All news about ZTE CORPORATION
07:32aTelia to remove all Huawei equipment in Lithuania
RE
11/29ZTE : supports Ncell in completing preventive network maintenance at Everest Bas..
PU
11/29ZTE RELEASES WHITE PAPER “POWE : 5G energy saving in coordination with 4G&..
PU
11/25ZTE : Fcc denies zte petition for reconsideration of its designation as a nation..
AQ
11/24ZTE : and GSMA Intelligence Release White Paper on Green 5G - 5G Energy Efficien..
AQ
11/24ZTE : and GSMA Intelligence Release White Paper on Green 5G - 5G Energy Efficien..
PU
11/24China says Brazil president's son hurts relationship with comments critical o..
RE
11/24FCC affirms ZTE poses U.S. national security threat
RE
11/24FCC affirms ZTE poses U.S. national security threat
RE
11/24Federal communications commission denies zte petition for reconsideration of ..
RE
More news
Financials
Sales 2020 101 B 15 338 M 15 338 M
Net income 2020 4 416 M 672 M 672 M
Net cash 2020 2 029 M 308 M 308 M
P/E ratio 2020 37,4x
Yield 2020 0,66%
Capitalization 147 B 22 304 M 22 307 M
EV / Sales 2020 1,43x
EV / Sales 2021 1,25x
Nbr of Employees 70 066
Free-Float 71,4%
Chart ZTE CORPORATION
Duration : Period :
ZTE Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ZTE CORPORATION
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 39,68 CNY
Last Close Price 34,73 CNY
Spread / Highest target 42,5%
Spread / Average Target 14,3%
Spread / Lowest Target -23,7%
EPS Revisions
Managers
NameTitle
Zi Yang Xu President, CEO & Executive Director
Da Xiong Xie Chairman-Supervisory Board
Zi Xue Li Chairman
Li Ying Chief Financial Officer & Executive Vice President
Jun Feng Wang Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
ZTE CORPORATION0.88%22 475
CISCO SYSTEMS, INC.-10.97%180 429
FOXCONN INDUSTRIAL INTERNET CO., LTD.-23.37%41 778
ERICSSON AB30.15%41 754
MOTOROLA SOLUTIONS, INC.7.65%29 405
NOKIA OYJ3.70%23 003