ZTE Corporation

ZTE Corporation

000063.SZ
ZTE CorporationCN flagShenzhen Stock Exchange
35.78
CNY
-0.50
- -
171.15BMarket Cap
ZTE Corporation
000063.SZ
(Shenzhen Stock Exchange)

Recent

price

35.78

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
17.56
21.28
20.48
18.01
19.8
24.36
24.48
25.96
20.45
21.5
21.91
24.71
26.02
26.11
25.34
27.89
27.04
Revenue per Share
0.82
0.51
-0.69
0.32
0.64
0.88
-0.45
1.21
-1.57
1.3
0.92
1.47
1.71
1.96
1.76
1.17
1.61
Basic EPS, GAAP
-0.53
-1.45
-0.2
0.06
0.11
1.2
0.3
0.29
-3.37
0.21
0.81
2.17
0.56
2.82
1.56
0.01
-0.88
Free Cash Flow per Basic Share
0.3
0.49
0.59
0.37
0.44
0.5
0.67
0.39
0.36
0.51
0.58
0.5
0.66
0.91
1.1
0.9
1.61
Dividend per Share
3.04
3.45
2.71
2.96
3.61
4.34
3.5
4.38
2.67
3.77
4.2
5.48
6.78
8.3
9.33
9.86
9.7
Book Value per Share
5.68
5.72
4.64
4.66
5.21
9.32
8.46
8.93
5.14
6.68
7.45
9.22
10.5
12.47
13.44
14.06
13.76
Tangible Book Value per Share
3,980
4,053
4,107
4,177
4,115
4,113
4,136
4,191
4,182
4,220
4,630
4,635
4,725
4,758
4,787
4,801
4,821
Basic Weighted Avg Shares
69,907
86,254
84,119
75,234
81,471
100,186
101,233
108,815
85,513
90,737
101,451
114,522
122,954
124,251
121,299
133,895
130,364
Sales/Revenue/Turnover
5.04
3.2
-4.11
1.91
3.78
3.42
2.53
7.16
6.96
10.25
5.51
7.45
8.59
8.84
8.52
4.56
6.3
Operating Margin (%)
1,071
1,424
1,549
1,745
1,826
2,114
2,467
2,603
2,472
3,587
3,971
4,588
4,386
4,926
4,969
4,758
- -
Depreciation Expense
3,250
2,060
-2,841
1,358
2,634
3,625
-1,856
5,069
-6,567
5,496
4,276
6,813
8,080
9,326
8,425
5,618
7,750
Net Income, GAAP
20.27
14.88
- -
21.57
22.91
13.09
- -
19.83
- -
19.34
6.76
17.21
10.97
9.43
9.47
11.71
10.62
Effective Tax Rate (%)
4.65
2.39
-3.38
1.8
3.23
3.62
-1.83
4.66
-7.68
6.06
4.21
5.95
6.57
7.51
6.95
4.2
5.94
Profit Margin (%)
17,314
21,003
9,660
15,434
16,301
27,654
21,105
19,345
4,732
16,197
32,582
49,186
59,450
75,474
59,152
61,953
62,938
Working Capital
5,475
10,825
7,098
11,505
10,040
6,016
5,018
3,002
2,367
10,690
23,332
30,440
35,915
43,537
46,037
54,463
51,682
LT Debt
24,962
26,289
22,593
23,626
26,293
43,349
40,885
44,388
32,961
37,954
46,123
53,288
59,543
68,331
73,110
75,641
75,110
Total Equity
8.63
5.77
- -
2.41
5.17
5.72
- -
10.93
- -
13.33
7.6
8.78
10.01
8.94
7.53
4.1
5.42
Return on Invested Capital (%)
14.41
9.22
- -
6.27
8.94
10.95
- -
13.21
- -
13.33
9.09
12.43
13.74
13.74
11.47
8.27
9.65
Return on Capital (%)
31.29
15.8
-22.61
11.55
19.35
22.18
-11.49
30.9
-44.49
40.59
24.2
30.4
28.14
26.07
20.02
12.22
17.47
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
12,620
20,313
16,543
LT Borrowings
45,064
44,356
50,736
LT Finance Leases
973
961
947
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,784
4,784
4,784
Market Capitalization
194,723
164,960
156,621

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
141,787
151,359
146,454
Cash, Cash Equivalents & STI
57,654
59,467
53,931
Accounts Receivable, Net
21,288
24,794
29,201
Inventories
41,258
44,448
42,057
Total Current Liabilities
82,635
94,265
83,517
Payables & Accruals
- -
- -
- -
ST Debt
12,620
20,313
16,543
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.63%
10.5%
3.46%
Free Cash Flow
-74.39%
71.89%
-99.65%
Net Income, GAAP
-90.94%
10.07%
-33.32%
Sales/Revenue/Turnover
3.43%
5.86%
10.38%
Total Cash Common Dividend
11.9%
12.75%
-17.72%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30,578
31,909
27,557
31,254
121,299
2025
32,968
38,585
33,376
- -
133,895
2026
34,988
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.57
- -
0.45
- -
1.76
2025
0.51
- -
- -
- -
1.17
2026
0.27
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
- -
0.76
- -
1.1
2025
0.08
- -
- -
- -
0.9
2026
0.07
- -
- -
- -
- -
Business
ZTE Corporation specializes in providing integrated information and communication technology (ICT) solutions globally, focusing on telecom operators, government and enterprise clients, and consumers. Founded in 1985 and headquartered in Shenzhen, China, ZTE manufactures and sells a broad range of products including 5G base stations, 5G core networks, fixed-network products, fiber access, optical transport solutions, mobile devices such as smartphones and tablets, smart home network products including Wi-Fi 7 routers and AI-enabled cloud terminals, and AI-driven cloud computing infrastructure. The company operates primarily in China, Asia, Africa, and Europe. ZTE maintains a leading global position in 5G technology, ranking second worldwide in shipments of 5G base stations and core networks, and holds the second-largest market share in fixed-network products. The firm actively advances the convergence of AI with its ICT technologies to enhance network competitiveness and expand computing infrastructure to support AI-driven demands. Recent product launches include the nubia Pad 3D II, the world’s first 5G+AI eyewear-free 3D tablet, and the G5 Max Wi-Fi commercial-grade hybrid indoor/outdoor customer premises equipment (CPE). In the smart home segment, ZTE introduced a new home network product portfolio featuring high-performance LinkPro Wi-Fi 7 routers, a 4K Fiber Combo Set-Top Box integrating optical networking and entertainment, and the AI platform ZENIC ONE for multi-device management. Major recent strategic developments involve a 2025 partnership with XLSMART, formed from the merger of Indonesian telecom operators PT XL Axiata Tbk and PT Smartfren Telecom Tbk, to provide advanced wireless and energy-efficient network infrastructure and facilitate network integration following the merger. ZTE has also ramped up its focus on AI-powered technologies, introducing various AI-embedded cloud terminals and accelerating digital transformation across its operations. The company reported revenues exceeding RMB 100 billion in the first nine months of 2025 with an 11.6% year-on-year increase, continuing substantial investment in foundational innovation and AI-enabled intelligent infrastructure aimed at creating sustainable growth engines.