Huawei expects 2014-year revenue to reach 285.4 billion yuan

for ourselves

The company's 2014 sales revenue is expected to reach $46 billion trillion (about 285.4 billion yuan), according to Huawei's recent disclosures, with growth of more than 15% per cent year-on-year. "The voice of the palm, let us cheer for ourselves," Huawei's CFO, Meng Zhou, said in a 2015 New Year speech.

2014-year income estimated at 46 billion USD

Huawei's sales are expected to reach $46 billion trillion in 2014, up from a year-on-year increase of more than 15%, according to Huawei's external disclosure figures. Huawei's 2014 results are mainly from the carrier business, business, consumer business three BG's good performance.

In 2013, Huawei's overall revenue and net profit had overtaken telecoms equipment giant Ericsson. 2013 Huawei's total revenue of 39.5 billion U.S. dollars, an increase of 8.5%, net profit of 3.47 billion U.S. dollars, the year-on-year growth of 34.4%. 2013 Ericsson revenue of 35.3 billion U.S. dollars, net profit of 1.9 billion U.S. dollars.

At present, Ericsson 2014 annual income has not been announced, but, from the data of the year, the first half of Huawei revenue than Ericsson about 6.7 billion U.S. dollars (about 41.6 billion yuan), the two sides of the gap in revenue is increasing.

Huawei predicts that by 2025 the world will have more than 100 billion connections, which will be an unprecedented market, and how to store and process, transmit and distribute, capture and present these huge data flows is both a huge challenge and a strategic opportunity facing Huawei.

Financial implementation of a number of reforms

Meng late said in the speech, Huawei launched a number of financial reforms in 2014, including the implementation of the "budget management Panorama" to determine, start the global tax Risk management project, start data quality management work. The global tax Risk management program is designed to analyze global tax risks and find solutions to develop action plans.

According to its disclosure, only the Chinese region's tax risk management, for Huawei seized billions of irregular income.

Since 2012, China's financial team has been directly in charge of reconciliation with clients. Three years, more than 20 accountants, almost all of China's provincial capitals, prefecture-level cities. Their running management, directly for the company to recover tens of millions of high risk should be collected, to find out billion of irregular income, and customer direct reconciliation ratio has reached 99.13%. "Meng late boat said.

In the speech, Meng late Zhou revealed the financial department of Huawei's many "struggle" details. For example, the Bangladesh representative office held more than 50 working meetings with clients in one months last year, and the Brazilian Financial team took the initiative to change all weekends in 2014 to "Jiang Wenseng", and when the Iraq War was over, the Iraqi CFO returned to Baghdad early. Guinea's Ministry of Health announced the Ebola outbreak, Guinea's CFO Zhang Dongyang initiative in a fever of 39 degrees, daily by intravenous infusion adhere to the position, and customers discuss tariffs and import value-added tax solutions.

Meng Jianzhou says that data is like air, ubiquitous, ubiquitous, and that job behavior affects the quality of data, and the quality of data is the result of operations. 2014, data quality management work started. The data Working Group has done hundreds of conversations, and has been talking about thousands of times, hitting the wall, improving it, hitting it again, and improving it until a complete consensus is reached with the data owner. This newly formed team, tirelessly and unswervingly transmits the data idea.

Cheer for the team

Meng late boat said, "There is a ledger accounting, six months after the travel back to the resident in Chengdu, stepping out of the airport was even blindfolded, can not think of their own rented before the house, because it is a long time did not use the information." ”

Meng late boat in the speech, the flow revealed to Huawei's military management respected. Meng late boat revealed that the 2014 company budget management Panorama to determine the Middle East and South pilot work immediately launched. After receiving the pilot order, the 60-odd colleagues who took part in the implementation pack up their bags and set out. No one spoke of their difficulties, and no one raised their concerns, although some of them were ill, some had wives to produce, and some had just been transferred back from abroad. ”

"No matter where you are, please let us raise our glasses, cheer for ourselves and cheer for our team," Meng said. ”