A tough character: Huawei's revenue hits a record high while net profit plunges 36%! Cash flow is negative 39.9 billion, 82.4 billion in inventory impairment reversed back, half of the profit is not from selling goods! Dividends of 74.7 billion are 3 times the net profit, employee shareholding is quasi-debt, debt service coverage drops from 12x to 1.1x! Can AAA still hold up?