Page 15 - Market Analysis Report of Optical Communications Field in China & Global market 2021
P. 15

ZTE
                                                              SDGI
                                          TIANYI
                                                                             HUAWEI
                                     Shanshui
                                                                                          Company
                                                                   FiberHome
                                                    GW Delight
                                                         RAISECOM
                                               Nanjing Putian
                                Symfun Telecom
                                                              4
                                     9
                                                                             1
                                               7
                                                                        2
                                                    6
                                                         5
                                          8
                                                                   3
                                10
                                                                                          Ranking
                                                                                  18%
                                                                                           Sales
                                                                                    weight
                                                                        0.6797
                                     0.0019
                                                         0.0998
                                                              0.0723
                                                                   0.8083
                                                                             1.4364
                                                                                         revenues
                                -0.0085
                                                    -0.0003
                                          -0.0039
                                               -0.0028
                                                                                           Net
                                                                                  13%
                                                                                    weight
                                                                                         assets
                                                                   0.2075
                                                                        0.7985
                                                    0.0027
                                                                             1.5306
                                          0.0291
                                               0.0165
                                                         0.0443
                                                              0.0496
                                                                                           Net
                                                                                  13%
                                                                                    weight
                                                                                         profits
                                                                             0.1655
                                                                        0.0085
                                               -0.0024
                                          -0.0023
                                                                   -0.0023
                                                              -0.0026
                                                         -0.0022
                                -0.0290 -0.0026
                                     -0.0282 -0.0025
                                                    -0.0025
                                                                                  8%
                                                                                         assets
                                                                                            Return
                                                                                    weight
                                                                                          on total
                                          0.0005
                                     0.0009
                                                                        0.0002
                                0.0004
                                                         0.0003
                                               0.0002
                                                                             0.0010
                                                    0.0004
                                                                   -0.0002
                                                              -0.0001
                                                                                  8%
                                                                                    weight
                                                                                          on net
                                                                                         assets
                                                                                            Return
                                                    0.0001
                                                         0.0003
                                                                   0.0000
                                     0.0011
                                          0.0004
                                               0.0019
                                                                             0.0018
                                                              0.0002
                                                                        0.0009
                                0.0004
                                                                                         per
                                                                                  5%
                                                                                              Sales
                                                                                    weight
                                0.0169
                                                                                       employee
                                                              0.1446
                                     0.0449
                                                    0.0860
                                                                        0.1078
                                          0.0209
                                                                             0.5451
                                               0.0409
                                                         0.0685
                                                                                            revenues
                                                                   0.0998
                                                                                          contribution
                                                                                  6%
                                                                                    weight
                                                                                           revenue
                                                                   0.1019
                                                         0.0132
                                                                             0.1065
                                                                                       revenues
                                                              0.0189
                                                                        0.1010
                                -0.0124
                                          -0.0131
                                               -0.0225
                                     -0.0188
                                                    -0.0221
                                                                                              The ratio of
              on overall standard value of financial data by the abnormal data of growth index can be eliminated.
                                                                                            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
                                     0.0056
                                                                        0.0028
                                                                             0.0032
                                                              -0.0032
                                          -0.0036
                                                                   -0.0015
                                -0.0018
                                                         -0.0020
                                                    -0.0034
                                               -0.0097
                                                                                         for the last
                                                                                        three years
                                                                                              The average
                                                                                            growth rate of
                                                                                          sales revenues
                                                                                                 The weighted standard value indexs of financial datač70% weightĎ
                                                                                  15%
                                                                                    weight
                                                                        -0.0466
                                                                   -0.0144
                                -0.0302
                                                              -0.0414
                                               -0.0220
                                     -0.0148
                                                    -0.0369
                                                                             -0.0140
                                          -0.0377
                                                         -0.0269
                                                                                         for the last
                                                                                       three years
                                                                                            growth rate
                                                                                          of net profits
                                                                                              The average
                                                                                       of
                                                                                  (A)
                                                                                             Total
                                                                   1.1990
                                               0.0002
                                                                                           weighted
                                                                             3.7760
                                                              0.2383
                                                                        1.6527
                                                    0.0241
                                                                                          standard
                                                         0.1953
                                          -0.0096
                                     -0.0098
                                -0.0668
                                                                                        value indexs
                                                                                     financial  data
                         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
                                                                        0.7328
                                                                             0.8407
                                                              0.1921
                                0.1175
                                                                   0.7848
                                               0.1761
                                                    0.1248
                                     0.1112
                                          0.1148
                                                         0.1813
                                                                                         innovation
                                                                                           Technology
                                                                                  18%
                                                                                    weight
                                               0.0902
                                                    0.1004
                                                              0.1981
                                          0.0961
                                                                             0.6595
                                                         0.1876
                                                                        0.4551
                                                                   0.3568
                                                                                           Customer
                                0.0702
                                     0.0867
                                                                                         satisfaction
                                                                                  12%
                                                                                           Brand
                                                                                    weight
                                0.1007
                                                                             0.3838
                                                                   0.1765
                                               0.0734
                                                              0.1514
                                                                        0.3012
                                                    0.1048
                                     0.0920
                                          0.0980
                                                         0.1713
                                                                                         awareness
                                                                                  11%
                                                                                    weight
                                                                                          level of
                                     0.0931
                                                                                         enterprise
                                          0.0974
                                               0.0680
                                0.0967
                                                    0.1059
                                                              0.1786
                                                                        0.2593
                                                                   0.1946
                                                         0.1525
                                                                             0.3863
                                                                                            Management
                                                                                  25%
                                                                                    weight
                                                                                         culture
                                                                        0.5542
                                                                             0.5826
                                                                   0.4069
                                     0.0789
                                                         0.2368
                                          0.0898
                                                    0.1250
                                               0.1014
                                0.0717
                                                              0.2381
                                                                                           Corporation
                                                                                  (B)
                                                                                                 The weighted standard value indexs of survey data(30% weight)
                                                                                          standard
                                                                        2.3026
                                                         0.9295
                                                              0.9584
                                                                   1.9196
                                0.4567
                                     0.4618
                                          0.4961
                                                                             2.8528
                                               0.5092
                                                    0.5608
                                                                                        value indexs
                                                                                      of survey data
                                                                                            Total weighted
                                                                                           indexs of
                                          0.1421
                                               0.1529
                                0.0903
                                                                             3.4991
                                                         0.4156
                                                                        1.8477
                                     0.1317
                                                    0.1851
                                                                   1.4152
                                                              0.4543
                                                                                                              Optical Communications of China & Global Market (2021)
                                                                                       $     %
                                                                                             Comprehensive
                                                                                         competitiveness
                                                                        919
                                               681
                                                                   911
                                     679
                                                    684
                                                              710
                                670
                                                         707
                                          680
                                                                             1000
                                                                                         scores of
                                                                                                                    The 15 th  Ranking Event of Top 10 Competitiveness Enterprises in the
                                                                                           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.
                                                                            for public
                                                                                                      Rankings of the Top 10 competitiveness enterprises in the optical transmission and network access equipment field of China in 2021 (15 th )
                                                                                         Source of financial data
                                                                              Annual report of company
                                   and operators' tender results
                                                      Taxationǃresearch ˂ survey
                                       Taxationǃresearch ˂ survey
                                                  and operators' tender results
                              and operators' tender results
                                 Taxationǃresearch ˂ survey
                                                         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
                                information˗self-reported figures
                                     information˗self-reported figures
                  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
                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
                    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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