Huawei Net Profit

Net Profit of Huawei 2005-2021

Year Net Profit (CNY Million)Net Profit (USD Million)
2021¥113,718$17,837
2020¥64,649$9,916
2019¥62,656$8,971
2018¥59,345$8,656
2017¥47,455$7,276
2016¥37,052$5,335
2015¥36,910$5,685
2014¥27,866$4,498
2013¥21,003$3,468
2012¥15,624$2,469
2011¥11,655$1,850
2010¥25,630 
2009¥19,430 
2008¥7,891 
2007¥12,641 
2006¥3,999 
2005¥5,519 

2021: In 2021, Huawei experienced a significant decline in its net revenue compared to the previous year. Its net revenue declined by 28.6% in 2021 compared to 2020. However, the net profit of Huawei grew significantly in 2021 compared to 2020. Its net profit grew by 75.9% in 2021 compared to 2020. The company generated ¥113,718 million in net profit in 2021 or $17,837 million compared to ¥64,649 million in the prior year or $9,916.

Huawei was founded in 1987. It is a leading global information and communications technology (ICT) solutions provider, committed to bringing digital to every person, home and organization for a fully connected, intelligent world. Huawei has nearly 195,000 employees (2021), and operates in more than 170 countries and regions, serving more than three billion people globally.

The Net Profit of Huawei Grew to ¥59,345 million or $ 8.7bn in 2018 from ¥47,455 million in 2017 or $7,276 million.