Company ZTE Corporation OTC Markets

Equities

ZTCOF

CNE1000004Y2

Communications & Networking

Delayed OTC Markets 14:30:00 24/05/2024 BST 5-day change 1st Jan Change
2.17 USD -0.91% Intraday chart for ZTE Corporation -0.91% -3.73%

Business Summary

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%).

Number of employees: 72,093

Sales per Business

CNY in Million2022Weight2023Weight Delta
Carriers' Network
66.6 %
80,041 65.1 % 82,759 66.6 % +3.40%
Consumer Business
22.5 %
28,286 23.0 % 27,909 22.5 % -1.33%
Government and Corporate Business
10.9 %
14,628 11.9 % 13,583 10.9 % -7.14%

Sales per region

CNY in Million2022Weight2023Weight Delta
China
69.6 %
85,246 69.3 % 86,485 69.6 % +1.45%
Europe, America and Oceania
14.0 %
17,280 14.1 % 17,413 14.0 % +0.77%
Asia (excluding the China)
11.4 %
14,915 12.1 % 14,131 11.4 % -5.26%
Africa
5.0 %
5,513 4.5 % 6,222 5.0 % +12.86%

Managers

Managers TitleAgeSince
Chief Executive Officer 52 31/12/97
Director of Finance/CFO 46 05/07/18
Chairman 61 31/12/03
Chief Operating Officer 49 31/08/19
Chief Tech/Sci/R&D Officer - 30/06/18
Director/Board Member 57 28/06/18
Director/Board Member 49 31/12/97
Investor Relations Contact - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman 61 31/12/03
Director/Board Member 49 31/12/97
Chairman 60 28/06/18
Director/Board Member 57 28/06/18
Director/Board Member 58 28/06/18
Chief Executive Officer 52 31/12/97
Director/Board Member 59 18/05/20
Director/Board Member 50 29/03/22
Director/Board Member 35 29/03/22
Director/Board Member 48 29/03/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 755,502,534 755,476,652 ( 100.00 %) 0 78.20 %
Stock B 1 4,027,749,018 2,985,121,019 ( 74.11 %) 0

Shareholders

NameEquities%Valuation
Capital Research & Management Co. (World Investors)
5.084 %
38,410,000 5.084 % 84 M $
BlackRock Fund Advisors
2.155 %
16,277,928 2.155 % 35 M $
Value Partners Ltd.
1.365 %
10,315,600 1.365 % 22 M $
BlackRock Advisors (UK) Ltd.
1.350 %
10,200,138 1.350 % 22 M $
Principal Global Investors (Hong Kong) Ltd.
1.167 %
8,818,200 1.167 % 19 M $
BNP PARIBAS ASSET MANAGEMENT Netherlands NV
0.5901 %
4,457,981 0.5901 % 10 M $
Pension Reserves Investment Management Board
0.5698 %
4,304,848 0.5698 % 9 M $
BlackRock (Netherlands) BV
0.3537 %
2,672,406 0.3537 % 6 M $
BlackRock Investment Management (UK) Ltd.
0.2847 %
2,150,549 0.2847 % 5 M $
Zhongxingxin Telecom Co., Ltd.
0.2698 %
2,038,000 0.2698 % 4 M $
NameEquities%Valuation
Zhongxingxin Telecom Co., Ltd.
24.09 %
958,940,400 24.09 % 3 797 M $
Da Cheng Fund Management Co., Ltd.
2.721 %
108,287,622 2.721 % 429 M $
China Asset Management Co., Ltd.
1.114 %
44,321,366 1.114 % 175 M $
China Investment Corp. (Investment Company)
1.060 %
42,171,534 1.060 % 167 M $
Hunan Nantian Group Co.
1.043 %
41,516,065 1.043 % 164 M $
China Southern Asset Management Co., Ltd.
0.5776 %
22,988,049 0.5776 % 91 M $
Shenzhen Investment Holding Capital Co., Ltd.
0.5380 %
21,412,108 0.5380 % 85 M $
Zhong Ou Asset Management Co., Ltd
0.5325 %
21,191,535 0.5325 % 84 M $
Caitong Securities Asset Management Co., Ltd.
0.4688 %
18,656,446 0.4688 % 74 M $
Guotai Asset Management Co., Ltd.
0.4106 %
16,342,551 0.4106 % 65 M $
NameEquities%Valuation
278,927 38.30 % 1 M $

Holdings

NameEquities%Valuation
31,168,351 48.05% 99,926,668 $

Company contact information

ZTE Corp.

Hi-Tech Industrial Park ZTE Building, Keji South Road

518057, Shenzhen

+86 75 5267 70000

http://www.zte.com.cn
address ZTE Corporation(ZTCOF)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
26.98 CNY
Average target price
33.55 CNY
Spread / Average Target
+24.35%
Consensus