华为公布半年报：上半年净利润同比下降32%

Group 1 - Huawei Investment Holding Co., Ltd. reported a revenue of 427.04 billion yuan for the first half of 2025, representing a year-on-year increase of 3.95% [2] - The net profit for the same period was 37.195 billion yuan, showing a year-on-year decline of 32% [2] - Research and development expenditure reached 96.95 billion yuan, an increase of 9.04% year-on-year, accounting for 22.7% of total revenue [2] Group 2 - As of the end of June, Huawei's total assets amounted to 12.51 trillion yuan, with total liabilities of 7.12 trillion yuan, resulting in a debt-to-asset ratio of 56.9% [2] - The company held cash and cash equivalents of 1.81 trillion yuan and reported a net cash flow from operating activities of 31.183 billion yuan [2]