Founded in 1987, Huawei is a leading global provider of information and communications

Abbreviation Full Name
PV
Photovoltaics
R&D
Research and Development
RAM
Random Access Memory
RAN
Radio Access Network
RRU
Remote Radio Unit
SA
Standalone
SDG
Sustainable Development Goal
SDK
Software Development Kit
SDN
Software-Defined Networking
SLA
Service Level Agreement
Abbreviation Full Name
SME
Small- and Medium-sized Enterprise
SoC
System on Chip
TAC
Technical Assistance Center
TCO
Total Cost of Ownership
TUP
Time-based Unit Plan
TWS
True Wireless Stereo
UNESCO
United Nations Educational, Scientific 
and Cultural Organization
VR
Virtual Reality
Financial Terminology
Operating profit
Gross profit less research and development expenses, selling and administrative expenses, plus other (expenses)/
income, net
Cash and short-term investments
Cash and cash equivalents plus other current investments
Working capital
Current assets less current liabilities
Liability ratio
Total liabilities expressed as a percentage of total assets
Days of sales outstanding (DSO)
Trade receivables plus contract assets at the end of the year divided by revenue, and multiplied by 360 days
Inventory turnover days (ITO)
Inventories at the end of the year divided by cost of sales, and multiplied by 360 days
Days of payables outstanding (DPO)
Trade payables at the end of the year divided by cost of sales, and multiplied by 360 days
Cash flow before change in operating assets and liabilities
Net profit plus depreciation, amortization, exchange loss, interest expense, loss on disposal of property, plant and 
equipment and intangible assets, and other non-operating expense, less exchange gain, investment income, gain 
on disposal of property, plant and equipment and intangible assets, and other non-operating income
Exchange Rates
CNY/USD
2020
2019
Average rate
6.8988
6.9218
Closing rate
6.5198
6.9840

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2021