Page 15 - Market Analysis Report of Optical Communications Field in China & Global market 2018

ZTT
SDGI
HTGD
YOFC
Futong
Yongding
Tongding
Tongguang
Company
FiberHome
Potevio Fasten
Communications
8
2
9
1
3
5
6
7
4
10
Ranking
18%
Sales
weight
0.0587
1.2612
0.8286
0.0527
0.8581
0.6269
0.1809
1.0432
0.1749
revenues
-0.0496
Net
13%
weight
assets
0.0108
0.0023
0.0398
0.0163
0.0800
0.0117
0.0323
0.0732
0.0325
-0.0011
Net
13%
profit
weight
0.0034
0.0084
0.4457
1.0004
0.2232
0.5400
1.0350
0.7611
0.0730
0.3589
8%
Return
assets
weight
on total
0.0184
0.0190
0.0061
0.0180
0.0249
0.0608
0.0178
-0.0050
-0.0107
-0.0061
8%
on net
weight
Return
assets
0.0504
0.0147
0.0470
0.0248
0.0604
0.0988
0.0341
0.0438
0.1067
-0.0130
per
5%
Sales
weight
0.0100
0.0179
0.0570
0.0241
0.0227
0.0492
0.0559
0.0098
0.0076
employee
revenues
-0.0040
contribution
6%
weight
revenue
-0.0122
-0.0157
-0.0155
0.0408
0.0097
0.0293
0.0733
0.0243
-0.0078
0.0211
revenues
The ratio of
on overall standard value of financial data by the abnormal data of growth index can be eliminated.
to total sales
international
The formula of calculating “return on net assets” is: Return on net assets=net profit before tax/ net assets.
14%
weight
0.1400
0.0213
0.1400
0.1400
0.1188
0.1235
0.0292
0.1400
-0.0332
-0.0260
Standard value weighted of the financial data(70% weight)
for the last
The average
three years
growth rate of
sales revenues
15%
weight
0.1500
0.0300
0.1191
0.0212
0.0352
0.1500
0.1500
0.0016
0.1500
0.0491
for the last
of net profit
growth rate
three years
The average
$
data
Total
value
standard
0.2092
2.5893
0.9878
0.7910
0.2085
1.4631
0.2083
2.7424
1.4936
1.7473
the financial
weighted of
business, while the data of the other 3 lists is the sales revenues of the related products in the sub-sectors of the optical communications industry.
34%
weight
0.3050
0.2089
0.5338
0.7143
0.4863
0.8474
0.4215
0.2168
0.3867
0.2263
innovation
Technology
18%
weight
0.1599
0.4567
0.1409
0.3916
0.2572
0.2902
0.3834
0.4066
0.2741
0.2864
Customer
satisfaction
12%
Brand
weight
0.1417
0.3810
0.1671
0.3042
0.3818
0.2698
0.2402
0.3233
0.3172
0.2850
awareness
11%
weight
level of
0.2786
0.2513
0.3646
0.4023
0.3395
0.1372
0.2683
0.3092
0.2434
0.1544
enterprise
Management
25%
weight
culture
0.4545
0.2994
0.3352
0.1822
0.4210
0.1575
0.3672
0.3409
0.3659
0.4045
Corporation
Standard value weighted of the survey data(30% weight)
%
data
1.3625
1.5269
2.0193
0.8727
2.1296
2.0184
2.0536
2.0167
0.8822
1.4008
of the survey
Total standard
value weighted
index of
Communications Field of China & Global Market (2018)
2.4286
1.8286
2.5585
0.4106
0.5551
1.1117
1.0118
1.6513
1.6292
0.4076
$ %
Comprehensive
competitiveness
943
945
852
892
956
842
893
841
988
1000
score of
Comprehensive
competitiveness
Note 1: Enterprises qualified for the competitiveness selection in the optical communications field of China shall have 2 or more items of relevant products as core businesses. CICT is the only company with 3 types of products that participates in the selection.
Ranking of "the Top 10 competitiveness enterprises in the optical fiber and cable field of China in 2018"
The 12 th Ranking Event of Top 10 Competitiveness Enterprises in the Optical
parent company
Annual report of listed
Source of financial data
Taxationǃresearch ˂ survey
and operators' tender results
Annual report of listed company
Annual report of listed company
Annual report of listed company
Annual report of listed company
Annual report of listed company
Annual report of listed company
Annual report of listed company
Annual report of listed company
information˗self-reported figures
Note 2: What makes the list of comprehensive competitiveness enterprises in the optical communications field different from the other lists of 3 sub-sectors is the data resource of the sales revenues indicator. The data of the former list comes from the total revenues in the optical communications
Note 3: “Return on net assets” can be defined in different formula. To avoid the incomparable problem of net profit caused by the different corporate income tax rate in listed companies and unlisted companies, we define the molecular in the formula as net profit before tax instead of net profits.
level and instead there is no higher growth in the other indicators, the monitoring index of the enterprise competitiveness will decline significantly. To avoid the impact of abnormal change in financial indicators on the objectivity of the enterprise competitiveness evaluation, we find a practical way
to improve it. That is, we set the upper and low limit of standard value in the increase indicators (the average growth rate of revenues for the last three years & the average growth rate of net profit for the last three years) within [-1,1]. With the co nsistency of statistical test, the overdone impact
industry average level. The extremely high standard value of a certain indicator in the company may cause the standard value of financial data competitiveness index over high on the whole. But in the second or third years, when the growth rate of sales revenues drops to the normal average
Note 4: From the monitoring data, it is found that if the enterprise competitiveness comes mainly from the increase indicators (that is, the average growth rate of revenues for the last three years & the average growth rate of net profit for the last th ree years), the monitoring data of the enterprise
competitiveness is usually unstable. The main reason for the enterprise competitiveness instability is that the original sales revenues base in these enterprises was small and the increasing sales revenues of recent 2 years make the average growth rate of the past 3 years far higher than the
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