Page 15 - Market Analysis Report of Optical Communications Field in China & Global market 2020

ZTT
FOCT
SDGI
YOFC
HTGD
Futong
Yongding
Tongding
Company
Tongguang
FiberHome
Communications
4
8
7
3
2
9
5
1
6
10
Ranking
18%
Sales
weight
0.0206
0.7338
0.8337
0.5894
revenues
0.7734
0.6817
-0.0210
-0.1101
-0.0649
-0.0804
Net
13%
weight
assets
0.1298
0.0248
0.0642
0.0228
0.0647
0.0246
0.1442
0.0900
0.0043
0.0017
Net
13%
profits
weight
0.9090
0.2785
0.7383
0.6882
0.5900
0.8118
-0.0115
-0.0062
-0.0034
-0.0640
8%
Return
assets
on total
weight
0.0106
0.0040
0.0045
0.0069
-0.0031
-0.0074
-0.0144
-0.0173
-0.0048
-0.0305
8%
on net
weight
assets
Return
0.0426
0.0330
0.0241
0.0233
0.0218
0.0289
0.0112
-0.0045
-0.0402
-0.0114
per
5%
Sales
weight
0.0040
0.1145
0.0156
0.0389
0.0230
0.0861
0.0238
0.0849
0.0456
revenues
employee
-0.0010
contribution
6%
weight
revenue
0.0006
0.0011
0.0182
0.0056
0.0054
0.0138
revenues
0.0183
-0.0020
-0.0020
-0.0027
on overall standard value of financial data by the abnormal data of growth index can be eliminated.
The ratio of
international
to total sales
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
0.1187
0.1400
0.1400
-0.1400
-0.1400
-0.1400
-0.1400
-0.1400
for the last
three years
The average
growth rate of
sales revenues
The weighted standard value indexs of financial datač70% weightĎ
15%
weight
0.1500
0.0166
0.1500
0.1500
-0.1500
-0.1500
-0.1047
-0.1500
-0.1500
-0.1495
for the last
three years
growth rate
of net profits
The average
of
(A)
Total
0.4091
1.7392
1.8066
1.8037
1.7350
1.8089
standard
weighted
-0.1139
-0.4043
-0.3465
-0.4198
financial data
value indexs
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
0.2574
0.2529
0.3879
0.3100
0.5449
0.8485
0.3837
0.4326
0.7154
0.4872
innovation
Technology
18%
weight
0.2853
0.2561
0.2398
0.3865
0.3905
0.4556
0.4213
0.2588
0.3030
0.3101
Customer
satisfaction
12%
Brand
weight
0.3221
0.3244
0.2682
0.3357
0.2413
0.3053
0.3007
0.2428
0.3071
0.3229
awareness
11%
weight
level of
0.1689
enterprise
0.2443
0.1756
0.2658
0.2333
0.3321
0.2692
0.2998
0.2795
0.2311
Management
25%
weight
culture
0.3998
0.3236
0.3650
0.3801
0.3201
0.2812
0.2067
0.3343
0.3700
0.3663
Corporation
The weighted standard value indexs of survey data(30% weight)
(B)
standard
2.0195
1.8542
1.2872
1.4249
1.5281
1.2485
1.4644
2.1307
1.7856
2.0015
value indexs
of survey data
Total weighted
Communications Field of Global & China Market (2020)
indexs of
0.3596
0.7448
1.7502
0.1336
1.8225
1.8630
0.1032
1.8233
1.9038
0.1320
$ %
Comprehensive
competitiveness
996
870
985
849
851
903
992
852
993
1000
scores of
competitiveness
Comprehensive
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.
The ranking of "the Top 10 competitiveness enterprises in the optical fiber and cable field of China in 2020"
The 14 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
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
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
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.
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
15