Page 17 - Market Analysis Report of Optical Communications Field in China & Global market 2019

O-net
TFC
TIANYI
Accelink
JONHON
HGTECH
Eoptolink
HONGHUI
Company
Zhongji Innolight
T&S Communications
7
9
8
3
2
1
6
5
4
10
Ranking
18%
Sales
weight
0.3402
0.1517
0.1542
1.2238
0.4296
1.2414
0.5581
0.1476
0.4158
revenues
-0.0916
Net
13%
weight
assets
0.2096
0.0483
0.0695
0.2643
0.7368
0.0314
0.4226
0.0783
-0.0657
-0.1417
Net
13%
profit
weight
0.0156
0.0774
0.0011
0.0072
0.0003
0.0135
0.0391
0.0157
0.0252
0.0000
8%
assets
weight
Return
0.0051
0.0039
0.0088
0.0031
0.0080
0.0015
0.0005
on total
0.0026
0.0054
0.0053
8%
assets
on net
Return
weight
0.0061
0.0020
0.0072
0.0047
0.0089
0.0088
0.0089
0.0120
0.0050
-0.0003
per
5%
Sales
weight
0.2923
0.1017
0.1080
revenues
0.3654
0.0849
0.1519
0.0657
0.1009
0.0664
0.0407
employee
contribution
6%
weight
0.0036
0.0111
0.0199
0.0049
0.0364
-0.0146
-0.0005
-0.0069
-0.0109
revenue
-0.0153
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
0.1400
0.1400
0.1400
0.1400
0.1400
0.1400
0.1400
0.1395
0.1400
for the last
Standard value weighted of the financial data(70% weight)
three years
The average
growth rate of
sales revenues
15%
weight
0.1500
0.1497
0.0602
0.1500
0.1500
0.0885
0.0369
0.1500
0.1500
-0.1500
for the last
of net profit
growth rate
three years
The average
$
data
Total
value
2.3405
2.3374
standard
1.1080
0.8897
0.6561
1.1062
0.3093
0.3051
0.6559
0.5587
weighted of
the financial
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
0.5231
0.7267
0.4165
0.3871
0.4259
0.3867
0.3889
0.4346
0.4071
0.5388
innovation
Technology
18%
weight
0.3590
0.3523
0.4177
0.2966
0.4338
0.3416
0.3549
0.3559
0.2795
0.3589
Customer
satisfaction
12%
weight
Brand
0.2652
0.1993
0.2747
0.3166
0.2624
0.2385
0.2165
0.2740
0.4480
0.3043
awareness
11%
weight
level of
0.2553
0.2418
0.4020
0.3478
0.2547
0.2799
0.2321
0.2771
0.3346
0.2594
enterprise
Management
25%
culture
weight
0.4183
0.2734
0.2576
0.2910
0.2655
0.3918
0.2485
0.2793
0.2456
0.5051
Corporation
Standard value weighted of the survey data(30% weight)
%
data
1.5182
2.2142
1.5595
1.5760
2.3016
1.5382
1.5411
1.5526
1.6696
1.5749
of the survey
Total standard
value weighted
Communications Field of Global & China Market (2019)
index of
1.0886
0.6759
1.2765
0.8465
0.6780
1.2422
2.3005
2.3288
0.9321
0.9316
$ %
Comprehensive
competitiveness
935
943
913
998
923
927
926
914
945
1000
score of
Comprehensive
competitiveness
The 13 th Ranking Event of Top 10 Competitiveness Enterprises in the Optical
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. FiberHome Technologies is the only company with 3 types of products that participates in the selection.
Ranking of "the Top 10 competitiveness enterprises in the optical components and auxiliary equipment & raw material field of China in 2019"
parent company
Annual report of listed
Source of financial data
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
Annual report of listed company
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
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
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
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
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.
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
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