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低调发财的联想,二季度营收1362亿,净利润增长108%
Sou Hu Cai Jing· 2025-08-17 02:35
如果大家有关注科技行业,发现最近几年,名声最大的,还是华为、小米等厂商,另外还有OPPO、 VIVO、荣耀等,也是风声响亮,知名度越来越高。 而曾经的科技巨头联想,这些年,一直非常低调,甚至都快要被很多人忘了。 但是,随着二季度财报发现,我们发现低调的联想,原来是在闷场发大财。 近日,联想控股,发布了2025至2026财年第一季度业绩(2025年的二季度),数据显示,营收1362亿 元,同比增长22%,创下了二季度的历史新高。 当然,联想控股的营收中,联想集团贡献了绝大部分。 拿二财季来说,联想控股营收最大的部分,就是智能业务,也就是联想集团的业务,智能业务营收了 973亿元,这里面主要是PC、手机等业务。 而净利润同比增长108%,达到36.6亿元人民币,相当于直接翻倍了。这算不算闷声发大财? 为何联想这么猛?首先要说明一下,联想控股,不等于联想集团,这两家公司是有本质区别的。 联想集团可能大家非常熟悉,就是叫Lenovo的那个企业,那个收购IBM,收购摩托罗拉手机,专注于 PC、手机等IT产业的企业,但它其实只是联想控股旗下的子公司。 联想控股是联想集团的母公司,是一家多元化投资控股公司,旗下不只有联想控 ...
恒生科指聚齐“科技七巨头”,这些就是中国科技核心资产!
Ge Long Hui· 2025-06-09 08:14
Group 1: Market Overview - The Hang Seng Tech Index underwent a quarterly review on June 9, successfully including BYD in its constituent stocks while removing Yueda Group, maintaining a total of 30 stocks [1] - The index now features the "Magnificent 7" tech giants, which include Xiaomi, Lenovo, BYD, SMIC, Alibaba, Tencent, and Meituan, attracting investor attention [1] - The Hong Kong market has experienced significant fluctuations due to factors like DeepSeek and tariffs, showing an "N" shaped trend [1] Group 2: Investment Outlook - Chinese core assets are moving upstream in the value chain, with the tech sector expected to provide highly competitive products, leading to a trend of foreign capital returning to Chinese assets [2] - The Hang Seng Tech Index ETF (513180) combines hard tech and new consumption attributes, showing resilience amid external disturbances [2] - The main investment themes are consumption and technology, with over half of the index's weight in sectors like e-commerce, automotive, and consumer electronics [2] Group 3: Company-Specific Insights - **Xiaomi (1810 HK)**: Expected to benefit from AI implementation, with a focus on new car releases and steady growth in smartphone margins and market share [3] - **Lenovo (992 HK)**: Anticipated growth in AI-driven PC and smartphone demand, with advantages in supply chain resilience and expansion in the Middle East [4] - **BYD (1211 HK)**: Projected to achieve global sales of 4.27 million vehicles in 2024, a 41% year-on-year increase, with a focus on smart vehicle transformation [4] - **SMIC (981 HK)**: Positioned as a major beneficiary of global supply chain restructuring, with strong demand for localized production [5] - **Alibaba (BABA US/9988 HK)**: Expected to lead in cloud services driven by AI demand, with a focus on enhancing e-commerce market share [5] - **Tencent (700 HK)**: Anticipated growth in social advertising and gaming through AI integration, with a focus on commercializing AI in the cloud [6] - **Meituan (3690 HK)**: Expected to see growth in the local consumption market, with significant profit potential from its delivery and retail strategies [6]
净利润增长36%,杨元庆:全球化没有终结,联想未来市场份额和利润都不会掉
Tai Mei Ti A P P· 2025-05-23 12:48
Financial Performance - Lenovo Group reported a revenue of 498.5 billion yuan for the fiscal year ending March 31, 2025, representing a year-on-year growth of 21.5% and a net profit increase of 36% to 10.4 billion yuan [2] - The revenue from non-PC businesses increased by nearly 5 percentage points, reaching 47% of total revenue [2] - The Intelligent Devices Group (IDG) achieved double-digit revenue growth, with a 13% year-on-year increase in the fourth quarter [2] Market Position and Trends - Lenovo's PC business accounted for 23.7% of the market share, widening the gap with the second competitor by 3.6 percentage points [2] - AI PCs represented 16% of total notebook sales in the Chinese market, with IDC forecasting a 4% year-on-year growth in PC shipments for 2025, driven by AI PC demand [2] Infrastructure and Services Growth - The Infrastructure Solutions Group (ISG) generated 104.8 billion yuan in revenue, with a 63% year-on-year increase in the fourth quarter, marking the second consecutive quarter of profitability [3] - The Solutions and Services Group (SSG) also saw double-digit revenue growth, with a nearly 20% increase in the fourth quarter and an operating profit margin exceeding 21% [3] Global Operations and Supply Chain - Lenovo has established an end-to-end global operational system, with over 30 manufacturing bases across 11 markets, enhancing its supply chain capabilities [4] - The company has adopted a "China + N" manufacturing strategy to leverage cost advantages while meeting local customer demands and mitigating high tariff barriers [4] Future Outlook - Lenovo's CEO expressed confidence in the potential for improved US-China trade relations, which could provide greater certainty for global businesses [4]
进了ICU的“手机鼻祖”,又活过来了
创业邦· 2025-04-08 10:07
Core Viewpoint - Lenovo Holdings reported impressive financial results for the fiscal year 2024, with revenue reaching 512.8 billion yuan, a year-on-year increase of 18%, and net profit soaring to 7.683 billion yuan, a staggering growth of 1119.52% [4][5]. Group 1: Financial Performance - Lenovo Holdings achieved a revenue of 512.8 billion yuan in 2024, marking an 18% increase compared to the previous year [4]. - The net profit for the same period reached 7.683 billion yuan, reflecting a significant year-on-year growth of 1119.52% [4]. Group 2: Business Segments - In the PC segment, Lenovo holds a 24.3% market share, ranking first globally [6]. - The smartphone business has seen Lenovo-Motorola enter the top five in overseas markets, with a notable performance in Latin America and North America [12][19]. Group 3: Smartphone Market Position - Lenovo-Motorola shipped 58.1 million smartphones in 2024, ranking eighth among global smartphone manufacturers [14]. - The smartphone market share for Lenovo-Motorola grew by 24.3% year-on-year, indicating strong growth compared to competitors [16]. Group 4: Market Expansion - Lenovo-Motorola has successfully expanded its market presence, achieving a 12% market share in North America and a 21% share in Latin America, ranking second behind Samsung [19][20]. - In Europe, Lenovo-Motorola's shipments exceeded 8 million units, with a market share of 6%, ranking fourth [21]. Group 5: Product Innovation - Lenovo-Motorola leads the global vertical folding screen market with a 44.5% market share in Q4 2024 [24]. - The Razr series of folding phones achieved significant sales during the Double Eleven shopping festival in China, indicating strong consumer demand [27]. Group 6: Strategic Insights - Lenovo's successful turnaround of Motorola is attributed to practical strategies, operational efficiency improvements, and market expansion efforts [54][55]. - The company aims to leverage its internationalization and supply chain advantages to further enhance Motorola's market position [56][62]. Group 7: Future Ambitions - Lenovo's CEO has set ambitious goals for Motorola, aiming to reclaim a top-three position in the global smartphone market, with a target of increasing annual shipments from 58 million to 168 million units [72][74]. - The company plans to focus on AI integration in its smartphones and capture a larger share of the Chinese market, which is crucial for achieving its growth targets [83][90].