Huawei’s annual revenue was 858.8 billion yuan

The rationale for generous handouts is good performance.Tencent’s financial report for the third quarter of 2020 showed that the revenue in the quarter was 125.447 billion yuan, up 29% year on year, and net profit was 38.542 billion yuan, up 89% year on year. Both revenue and net profit exceeded market expectations.Tencent’s shares are up more than 80% since the start of 2020.

Year-end bonus, salary, stock

According to Jiemian News, Hu Houkun, Huawei’s rotating chairman, recently announced in the company that Huawei will continue to implement the stock dividend in 2020, which is expected to be 1.86 yuan per share.Compared with the previous year, Huawei’s 2019 stock price was 7.85 yuan/share, of which the dividend per share was 2.11 yuan.

How much does Huawei share out in total this time?Data show that in 2018, the total number of shares in Huawei was 22.2 billion yuan. Based on the price of 1.86 yuan per share, the dividend this time will be at least 40 billion yuan.

According to Huawei’s 2019 annual report, the company implements an employee stock ownership plan through a labor union, and the number of employees participating in the employee stock ownership plan is 104,572 (as of December 31, 2019), all of whom are employees of the company.The ESOP organically combines the long-term development of the company with the individual contribution and development of the employees, forming a long-term common struggle and sharing mechanism.

As a natural person shareholder, Ren Zhengfei holds the company’s shares. Meanwhile, Ren Zhengfei also participates in the employee stock ownership plan.As of December 31, 2019, Ren Zhengfei’s total capital contribution is equivalent to approximately 1.04% of the total capital stock of the Company.

In 2019, Huawei’s annual revenue was 858.8 billion yuan, up 19.1% year on year.Net profit was 62.7 billion yuan, up 5.6 percent year on year.Cash flow from operating activities was 91.4 billion yuan, up 22.4% year on year.The excellent performance is inseparable from the continuous R&D investment. In 2019, Huawei’s R&D investment reached 131.7 billion yuan, accounting for 15.3% of the annual sales revenue and a 29.7% year-on-year increase. The cumulative R&D investment in the past decade exceeded 600 billion yuan.

Baidu’s year-end bonus mainly includes bonuses, raises and equity incentives.It depends on the year-end rating, which ranges from 1 to 5.Most employees get three points and at least two months ‘pay goes into their pockets as an annual bonus.

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