ZTE Corporation Class A

ZTE Corporation Class A

2.72
USD
+0.24
(+9.76%)
0.14EPS
25.36P/E
29.69BMarket Cap
Oct 26Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
11.01
12.1
14.89
14.96
15.87
12.5
13.14
13.39
15.1
15.9
15.96
15.49
17.04
26.92
Basic EPS, GAAP
0.2
0.39
0.54
-0.27
0.74
-0.96
0.8
0.56
0.9
1.05
1.2
1.08
0.72
1.01
Free Cash Flow per Basic Share
0.03
0.07
0.73
0.19
0.18
-2.06
0.13
0.5
1.32
0.34
1.72
0.95
- -
- -
Dividend per Share
0.22
0.27
0.3
0.41
0.24
0.22
0.31
0.36
0.3
0.41
0.55
0.67
0.55
0.79
Book Value per Share
3.34
3.69
5.74
5.22
5.82
4.25
5.07
5.74
6.65
7.57
8.69
9.3
9.64
9.84
Tangible Book Value per Share
2.72
2.97
5
4.35
4.81
2.58
3.66
4.2
5.29
6.29
7.54
8.18
8.6
8.82
Basic Weighted Avg Shares
6,835
6,733
6,729
6,767
6,857
6,842
6,904
7,576
7,583
7,731
7,785
7,832
7,856
5,571
Sales/Revenue/Turnover
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
149,986
Operating Margin (%)
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
4.53
Depreciation Expense
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
- -
Net Income, GAAP
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
5,653
Effective Tax Rate (%)
21.57
22.91
13.09
- -
19.83
- -
19.34
6.76
17.21
10.97
9.43
9.47
11.71
10.77
Profit Margin (%)
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
3.77
Working Capital
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
74,038
LT Debt
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
53,935
Total Equity
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
77,123
Return on Invested Capital (%)
-2.5
0.1
0.53
- -
9.51
- -
10.82
7.44
8.93
8.34
8.36
6.81
4.27
3.95
Return on Capital (%)
5.02
7.2
7.99
- -
8.81
- -
9.69
6.61
8.89
10.11
10.5
8.96
6.57
6.04
Return on Common Equity (%)
6.17
11.11
11.35
-4.97
13.4
-19.01
17.12
10.91
14.38
14.67
14.73
11.97
7.58
7.57

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11,529
16,202
15,473
LT Borrowings
53,522
51,936
52,933
LT Finance Leases
940
1,109
1,002
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,827
7,827
7,827
Market Capitalization
227,462
157,776
201,436

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
143,934
149,265
177,835
Cash, Cash Equivalents & STI
51,148
48,906
50,620
Accounts Receivable, Net
21,670
24,849
30,620
Inventories
47,017
51,959
54,646
Total Current Liabilities
81,981
90,065
103,797
Payables & Accruals
- -
- -
- -
ST Debt
11,529
16,202
15,473
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

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

CNY

•

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
43,037
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.63
0.28
0.11
1.08
2025
0.31
0.54
- -
0.06
0.72
2026
0.17
0.3
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.12
0.46
0.08
0.67
2025
0.05
0.7
- -
0.07
0.55
2026
0.05
0.08
- -
- -
- -

Company Description

CEO
Zi Yang Xu
Full Time Employees
65,095
Sector
Electronic technology
Industry
Telecommunications equipment
Address
ZTE Plaza Shenzhen GD China 518057
IPO Date
Nov 18, 1997
Website
zte.com.cn
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.

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