Lenovos net profit of 353.1 billion yuan in fiscal year 19 / 20 forty-six point three 12percent up on a year-on-year basis

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 Lenovos net profit of 353.1 billion yuan in fiscal year 19 / 20 forty-six point three 12percent up on a year-on-year basis


According to the financial report, its total annual revenue is 353.1 billion yuan, and its profit before tax for the whole year seventy point nine Billion yuan, up 19% year on year.

The annual pre tax profit of intelligent equipment business group increased by 18%, with a profit margin of 5.1% The business volume of software and services reached 24.3 billion yuan, up 43% year on year.

The intelligent equipment business group achieved a profit margin of 314 billion yuan before tax in fy19 / 20 5.1% , a record high. In the fourth quarter, IDGs profit before tax was completed thirty-two point five RMB 100 million, profit margin before tax 5%, year-on-year growth 0.6% u3002

PCSD (personal computer and intelligent equipment business group) annual revenue growth year on year 3.6% To RMB 277.5 billion, profit before tax increased year on year 18.3% 16.3 billion yuan, profit margin before tax 5.9% u3002 In terms of e-commerce channels, the annual revenue increased by 31% year on year.

PC pre tax profit in the fourth quarter increased 15% year-on-year to thirty-six point seven RMB 100 million, profit margin before tax 6.2% , up 1% year on year.

MBG (mobile business group) had a revenue of 36.3 billion yuan and a loss of 300 million yuan in the whole fiscal year, a sharp decrease compared with the previous year six point seven one Billion yuan.

DCG data center business group, in the whole fiscal year of 19 / 20, affected by factors such as sluggish demand of super large data center customers and sharp decrease in prices of key components, DCGs revenue was 38.3 billion yuan. The business revenue of private cloud and traditional data center is two hundred and fifty-seven point six Billion yuan, up year on year 5.3% Among them, the turnover of Chinas business increased by nearly 23%, and the sales of servers increased by more than 14%. Value added business continues to grow, with SDI growth in software defined infrastructure 27.4% , storage business growth 54.4% , software business increased by 42%, and software and service business increased by 10%.

The overall revenue of independently operated DCG China (Lenovo Enterprise Technology Group) increased by 4% year-on-year in the whole fiscal year and 3% year-on-year in the fourth fiscal quarter. The annual turnover of value-added businesses including storage, software definition infrastructure, solutions and services increased by 30% year on year.

In addition, in fy19 / 20, Lenovo venture capital contributed investment income four point one eight RMB 100 million, accumulated investment income in four years eighteen point one Billion yuan. 34 invested enterprises have become Lenovo ecological enterprises, cooperating with IDG, DCG, Lenovo China and other business groups to generate collaborative sales eighteen point one Billion yuan. In the past year, Lenovos transformation strategy has taken a solid step forward despite the great changes and challenges in the world. Yang Yuanqing, chairman and CEO of Lenovo Group, said: Im very pleased and proud of our strong performance throughout the year, the unexpected performance achieved in the fourth quarter under the severe challenge of the new crown epidemic, and the efforts made to undertake corporate social responsibility on a global scale. Facing the future, although the world is still full of uncertainty, with the core competitiveness of excellent operation and global resources, local delivery, Lenovo is confident to continue to deepen the implementation of 3S strategy, and grasp the growth opportunities brought by the new normal and new infrastructure such as home office and distance education. Source: NetEase science and technology report editor: Wang Fengzhi_ NT2541

In addition, in fy19 / 20, Lenovo venture capital contributed investment income four point one eight RMB 100 million, accumulated investment income in four years eighteen point one Billion yuan. 34 invested enterprises have become Lenovo ecological enterprises, cooperating with IDG, DCG, Lenovo China and other business groups to generate collaborative sales eighteen point one Billion yuan.

In the past year, Lenovos transformation strategy has taken a solid step forward despite the great changes and challenges in the world. Yang Yuanqing, chairman and CEO of Lenovo Group, said: Im very pleased and proud of our strong performance throughout the year, the unexpected performance achieved in the fourth quarter under the severe challenge of the new crown epidemic, and the efforts made to undertake corporate social responsibility on a global scale. Facing the future, although the world is still full of uncertainty, with the core competitiveness of excellent operation and global resources, local delivery, Lenovo is confident to continue to deepen the implementation of 3S strategy, and grasp the growth opportunities brought by the new normal and new infrastructure such as home office and distance education.