The development of digital economy industry is at the right time, the revenue of telecom business is accelerated, and multiple companies layout the national strategy of "digital economy in the East and computing in the west".
8 communication companies' net profit growth in 2021 reached the highest level in recent five years
On March 23, China Mobile, a communications giant, released its first annual report since returning to a shares, which is remarkable.
According to the announcement, the net profit attributable to the parent company of China Mobile in 2021 was 115937 billion yuan, a year-on-year increase of 7.5%. The annual cash dividend accounted for 60% of the profit attributable to shareholders in 2021. A few days ago, the company also released its operation data in February 2022. The mobile business and wired broadband business have a net increase of 1.084 million customers, of which the wired broadband business has a net increase of 1.713 million customers this month, keeping the industry leading, and the expansion of smart home has achieved remarkable results.
According to the statistics of securities times · databao, as of March 23, the communication service sector released a total of 282021 annual report (notice) shares, with a disclosure rate of more than 80%, ranking in the forefront of the industry. Only four companies have published annual reports, including China Mobile, the operating three giants, China United Network Communications Limited(600050) , China Telecom Corporation Limited(601728) and Jiangsu Yitong High-Tech Co.Ltd(300211) .
From the perspective of net profit growth (calculated by the lower limit of the forecast shares), the net profit of 17 shares increased in 2021, and the growth of Beiwei communication, China Bester Group Telecom Co.Ltd(603220) , Jiangsu Yitong High-Tech Co.Ltd(300211) increased by more than 200%, mainly due to the low net profit base of the previous year.
Further, the net profit growth of eight companies in 2021 reached the highest level in nearly five years, including Eastone Century Technology Co.Ltd(300310) , Wutong Holding Group Co.Ltd(300292) , China Mobile, etc. Among them, the growth rate of China Mobile reached the highest level since 2009 (nearly 13 years). During the reporting period, the company grasped the new opportunities for industry growth brought by the acceleration of 5g development and the vigorous development of digital economy, adhered to the value management based on scale, and continued to promote the all-round and integrated development of chbn.
focus on R & D, and the total R & D expenditure of the three operators exceeds 30 billion yuan
From the perspective of the net profit of the companies issuing the annual report (notice), 15 companies achieved profits and 13 lost money in 2021. China Mobile takes the lead with a net profit scale of more than 100 billion; Ranking second and third are China Telecom Corporation Limited(601728) , China United Network Communications Limited(600050) , with 25.952 billion yuan and 6.305 billion yuan respectively.
China Mobile is an absolute Big Mac in terms of profit and scale. The net profit of China Mobile is higher than the total net profit of 14 profit-making stocks, 5 times higher than China Telecom Corporation Limited(601728) , and 19 times higher than China United Network Communications Limited(600050) .
The communication sector, like the national defense industry and computer industry, attaches great importance to R & D and strategic layout. In 2020, the R & D investment intensity of these three industries will exceed 7%.
According to the statistics of data treasure, only the three major operators' R & D expenditure exceeded 1 billion yuan in 2020. In 2021, the R & D expenditure of these three companies increased to varying degrees, including 15.577 billion yuan of China Mobile, a year-on-year increase of 40.3%.
telecom business revenue accelerated and the national strategy of "counting East and counting West" was laid out
According to the monthly data released by the Ministry of industry and information technology and the three major operators: from January to February, China Telecom Corporation Limited(601728) business revenue totaled RMB 258.6 billion, a year-on-year increase of 9%, and the cumulative growth rate reached a new high since 2015. Among them, the emerging business revenue of operators increased by 34% year-on-year, and the cloud computing revenue increased by 125% year-on-year.
Citic Securities Company Limited(600030) said that according to the historical data of the second round, the telecom business income of the Ministry of industry and information technology is highly correlated with the service income of the three major operators, and the fitting degree of income growth is high. Considering the higher than expected growth of China Telecom Corporation Limited(601728) business revenue from January to February, it is optimistic that the three operators will achieve good performance growth in the first quarter of 2022.
At present, computing power has become the core productivity of digital economy. With the stable development of traditional services, telecom operators have increased investment in new services. On the occasion of the full launch of the "Eastern digital and Western computing" project, the three giants of operators have stated that they attach great importance to the national strategy, actively participate in it, and fully undertake the national "Eastern digital and Western computing" project.
In 2020, China Mobile's IDC (Data Center) revenue reached 16.2 billion yuan, a year-on-year increase of 54.4%, and the available racks of IDC reached 360000. Following the changes of national strategy and industrial trend, China Mobile put forward the new positioning of "creating a world-class information service technology innovation company", accelerated the layout of the new blue ocean of digital economy, made every effort to build a new information service system of "connection + computing power + capability" based on 5g + computing power network + smart console, and created a new model of value growth. According to public information, in November last year, China Mobile released the white paper on computing power network, which systematically explained the background, core concept, application scenario, development path and technological innovation of computing power network.
China United Network Communications Limited(600050) is accelerating the construction / expansion of new data centers with high computing power, high security, green and low-carbon in four major national East digital hub nodes in Beijing Tianjin Hebei, Yangtze River Delta, Guangdong Hong Kong Macao Bay area and Chengdu Chongqing region China Telecom Corporation Limited(601728) focusing on the five elements of "digital network", "digital button", "digital chain", "digital brain" and "digital shield", accelerate the construction of data center layout, computing power scheduling system, data circulation, data application and security capacity.
9 shares layout digital economy + East West calculation
According to the statistics of data treasure, in addition to the three major operators, there are six companies with the concept of digital economy or computing from the east to the west, including Net263 Ltd(002467) , Nova Technology Corporation Limited(300921) , Dr.Peng Telecom&Media Group Co.Ltd(600804) , etc.
In terms of market performance, as of March 23, these nine stocks have risen slightly since March, Leon Technology Co.Ltd(300603) , Zjbc Information Technology Co.Ltd(000889) , Dr.Peng Telecom&Media Group Co.Ltd(600804) with a cumulative increase of more than 10%; Among them, Leon Technology Co.Ltd(300603) month increased by more than 15%. The company responded to the call of the state, based on Sichuan, introduced IDC cabinet, and planned to build a technologically leading and nationwide artificial intelligence demonstration base, aiming at promoting the development of local digital economy and improving the overall computing power level of data center.
China Mobile's cumulative growth reached 6.62%, with a market value of more than trillion, ranking first in the communication service industry.
