Page 17 - Market Analysis Report of Optical Communications Field in China & Global market 2020

TFC
AFR
O-net
TIANYI
Accelink
HGTECH
JONHON
Company
HONGHUI
Zhongji Innolight
T&S Communications
7
4
6
5
9
8
1
2
3
10
Ranking
18%
Sales
weight
0.0959
0.0242
0.0480
0.1597
1.0136
0.3716
0.3269
0.8722
0.3380
0.0624
revenues
Net
13%
assets
weight
1.5538
0.0571
0.0917
0.2240
0.1044
0.2975
0.9255
-0.1357
-0.1936
-0.0820
Net
13%
profits
weight
0.0033
0.0006
0.0423
0.0098
0.0177
0.0626
0.0085
0.0175
0.0008
0.0178
8%
assets
weight
Return
on total
0.0088
0.0050
0.0040
0.0010
0.0021
0.0045
0.0024
0.0098
0.0028
0.0033
8%
Return
weight
on net
assets
0.0090
0.0023
0.0048
0.0103
0.0053
0.0036
0.0055
0.0011
0.0095
0.0039
per
5%
Sales
weight
0.1067
0.1654
0.1105
revenues
0.0418
0.1891
0.2942
0.0512
0.0943
0.0610
0.1012
employee
contribution
6%
weight
0.0085
0.0196
0.0027
0.0066
revenue
0.0002
0.0364
0.0054
-0.0109
-0.0140
revenues
-0.0153
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
0.0001
0.1376
0.1400
0.0145
0.1400
0.1400
0.1400
-0.1400
-0.0425
for the last
three years
The average
growth rate of
sales revenues
The weighted standard value indexs of financial datač70% weightĎ
15%
weight
0.1495
0.1500
0.1399
0.1500
0.1500
0.0194
0.1500
0.0239
-0.1500
-0.1500
for the last
growth rate
three years
The average
(A)
Total
weighted
0.3543
0.6847
2.4450
0.3538
0.3053
0.6818
0.3556
0.3545
2.3945
1.0624
indexs of
financial data
of net profits standard value
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
0.7077
0.5398
0.3881
0.4081
0.5241
0.4356
0.3899
0.3877
0.4269
0.3382
innovation
Technology
18%
weight
Customer
0.2786
0.3513
0.3579
0.2956
0.3406
0.3539
0.4167
0.3549
0.4128
0.2785
satisfaction
12%
weight
Brand
0.1194
0.2990
0.2876
0.2003
0.3053
0.2175
0.2395
0.2757
0.2162
0.2750
awareness
11%
weight
level of
0.2781
0.2203
0.1787
0.2598
0.2210
0.2809
0.2654
0.2604
0.3430
0.3488
enterprise
Management
25%
culture
weight
0.2475
0.4541
0.2566
0.2645
0.2900
0.2031
0.3908
0.4173
0.2783
0.2724
Corporation
The weighted standard value indexs of survey data(30% weight)
(B)
Total
standard
1.4561
1.1180
weighted
1.9853
1.7029
1.5605
1.5235
1.4974
2.2326
1.5770
1.5001
value indexs
of survey data
Communications Field of Global & China Market (2020)
indexs of
0.5491
2.2718
2.3813
0.7220
1.2545
0.6982
0.6972
0.9474
0.9343
0.6845
$ %
Comprehensive
competitiveness
991
927
910
914
940
926
903
912
911
1000
scores of
Comprehensive
competitiveness
The 14 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.
The ranking of "the Top 10 competitiveness enterprises in the optical components and auxiliary equipment & raw material field of China in 2020"
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 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.
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
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