Track Hyper | Grace Fabric Technology turns losses into profits: benefiting from AI terminal demand.
Both Q1 of this year and the performance in 2024 have shown significant growth.
CHINA TELECOM: In Q1 2025, net income grew by 3.1% year-on-year, and the 5G user penetration rate exceeded 62%.
In Q1 2025, CHINA TELECOM's net income increased by 3.1% year-on-year, with a 5G user penetration rate exceeding 62%. Key points: Financial performance: In 2025, Q...
CHINA MOBILE: In Q1 2025, net income increased by 3.5% year-on-year, and 5G customer base expanded to 0.578 billion households.
In Q1 2025, CHINA MOBILE's profit increased by 3.5% year-on-year, with 5G network customers continuously expanding to 0.578 billion. Summary of Key Points: Financial Performance: Q1 revenue was 263.8 billion yuan, flat year-on-year; Net income attributable to shareholders was 30.6 billion yuan, a 3.5% year-on-year increase; Net profit margin increased to 11.6%, and EBITDA reached 80.7 billion yuan, growing by 3.4% year-on-year. Core Business Development: There are 0.578 billion 5G network customers, with a mobile ARPU of 46.9 yuan; The total number of wired broadband customers reached 0.32 billion, with a net increase of 5.48 million customers in the quarter. Business Structure Optimization: Main business income was 222.
ZTE: Revenue in the first quarter of 2025 increased against the trend, but the decline in gross margin has raised market concerns.
ZTE's revenue in the first quarter of 2025 grew against the trend, but declining gross margin is a hidden concern. Core points: Strong revenue growth performance: Achieved revenue of 32.968 billion yuan in the first quarter, a year-on-year increase of 7.82%, indicating that the company's main Business maintains steady growth. Profitability under pressure: Net income attributable to shareholders was 2.453 billion yuan, a year-on-year decline of 10.50%; non-recurring net income was 1.957 billion yuan, a significant year-on-year decline of 26.14%. Gross margin clearly declined: The growth rate of cost of goods sold far exceeded the revenue growth rate, with cost of goods sold increasing by 22.13% year-on-year, while revenue only increased by 7.82%. Deteriorating cash flow situation: Cash from operating activities.
Hyper on the track | The iPhone 17 series is affected by a shortage of core materials.
Cook was so anxious that he couldn't sleep.
The demand for active phased array T/R components has decreased, and Guobo Electronics expects a decline in both revenue and Net income for 2024.
① The company plans to distribute a cash dividend of 4 yuan (tax included) for every 10 common shares to Shareholders; ② The company stated that the T/R components have conducted technical research and product development in the fields of low Earth orbit Satellite and commercial aerospace, with several products already delivered to customers.