Page 13 - Market Analysis Report of Optical Communications Field in China & Global market 2022
P. 13

CICT
                                                                               optical
                                                                             communication
                                                                                 items products in
                                                                                  The group of three
                                                  ZTT
                                                             ZTE
                                                       HTGD
                         SDGI
                                        ETERN
                                                                                         Company
                                             FUTONG
                                   ZHONGLI
                              Tongguang
                                                                               optical
                                                                             communication
                                                                     HUAWEI
                                                                                  The group of two
                                                                                items products in
                                                  5
                                                       4
                              9
                                                                     1
                                                             3
                                             6
                                        7
                                   8
                         10
                                                                                   Ranking
                                                                            18%
                                                                                     Sales
                                                                             weight
                                             0.2391
                                                       0.2835
                         0.0433
                                                             0.5123
                                                  0.2707
                                   -0.0194
                                        -0.0573
                                                                                   revenues
                                                                    1.0112
                              -0.1283
                                                                                     Net
                                                                            13%
                                                                                   assets
                                                                             weight
                                             0.0596
                                                       0.2432
                                                             0.6680
                                                                    1.6131
                                                  0.3275
                                                                                     Net
                                                                            13%
                                                                                   profits
                                                                             weight
                                                                    1.0307
                                                             0.5038
                                                       0.0378
                                        -0.0022 -0.0762
                              -0.0230 -0.0828
                                                  -0.0718
                                   -0.0169 -0.0801
                                             -0.0547
                         -0.0140 -0.1403
                 “return on net assets” is: Return on net assets=net profit before tax/ net assets.
                                                                            8%
                                                                                  assets
                                                                                      Return
                                                                             weight
                                                                                    on total
                                                                    0.0377
                                                             0.0029
                                   -0.0211
                                                       -0.0063
                                             -0.0122
                                                  -0.0210
                                        -0.0140
                              -0.0109
                         -0.0625
                                                                            8%
                                                                             weight
                                                                                  assets
                                                                                      Return
                                                                                    on net
                                                             0.0576
                                                       0.0169
                                                                    0.1121
                                                  -0.0204
                         -0.1442
                                             -0.0015
                                   -0.0036
                              -0.0018
                                        -0.0033
                                                                                  per
                                                                            5%
                                                                                        Sales
                                                                             weight
                                                  0.0932
                         0.0293
                                                       0.0625
                                                             0.0259
                                        0.0045
                                                                    0.0822
                                                                                      revenues
                                   0.0220
                              0.0219
                                             0.0783
                                                                                 employee
                                                                                    contribution
                                                                            6%
                                                                             weight
                                                                    0.1166
                                                  0.0677
                         0.0255
                                   0.0851
                                                       0.0391
                                                                                     revenue
                              0.0006
                                                             0.1044
                                        0.0085
                                             -0.0150
                                                                                 revenues
                                                                                        The ratio of
                                                                                  to total sales
                                                                                      international
                   data of the other 3 lists is the sales revenues of the related products in the sub-sectors of the optical communications industry.
                                                                            14%
                                                                             weight
                                        0.0001
                              0.0012
                                                             0.0092
                                                                    -0.0249
                                             0.0149
                                                  0.0155
                                                                                  for the last
                                   -0.0532
                                                        -0.0016
                         -0.0354
                                                                                  three years
                                                                                        The average
                                                                                      growth rate of
                                                                                    sales revenues
                                                                                           The weighted standard value indexs of financial datač70% weightĎ
                                                                            15%
                                                                             weight
                                                             0.0458
                              0.0085
                                             0.0028
                                                                    0.0129
                                   -0.1232
                                        -0.0263
                                                  -0.0293
                                                        -0.0165
                         -0.1500
                                                                                  for the last
                                                                                      growth rate
                                                                                 three years
                                                                                        The average
                                                                                    of net profits
                                                                             (A)
                                                                                 of
                                                                                        Total
                                                                    3.9916
                                                             1.9298
                                             0.3113
                                                                                    standard
                                                        0.6584
                                                  0.6324
                                   -0.2104
                         -0.4483
                                                                                      weighted
                              -0.2145
                                        -0.1661
                                                                                  value indexs
                                                                              financial  data
                                                                            34%
                                                                             weight
                         0.2321
                                                                    0.8021
                                   0.1305
                                                             0.6658
                                                        0.3651
                                        0.1082
                                             0.2855
                                                  0.2573
                              0.0961
                                                                                   innovation
                                                                                     Technology
                                                                            18%
                                                                             weight
                              0.1271
                                   0.1325
                                             0.2847
                                                  0.2490
                                                             0.3729
                                                                    0.5211
                                        0.1350
                         0.1185
                                                        0.3854
                                                                                     Customer
                                                                                   satisfaction
                                                                            12%
                                                                             weight
                                                                                     Brand
                                                        0.2505
                              0.1622
                         0.1561
                                                             0.2140
                                                  0.2222
                                             0.2297
                                                                    0.5037
                                        0.1695
                                   0.1672
                                                                                   awareness
                                                                            11%
                                                                             weight
                                                                                    level of
                         0.1180
                              0.1716
                                                  0.2531
                                                        0.2953
                                             0.2556
                                   0.1793
                                        0.1405
                                                             0.3387
                                                                    0.5532
                                                                                  enterprise
                                                                                      Management
                                                                            25%
                                                                             weight
                                                                                   culture
                                                                    0.5876
                                        0.1969
                                             0.2890
                              0.1829
                                   0.2025
                                                  0.3022
                                                             0.4796
                         0.1803
                                                        0.3589
                                                                                     Corporation
                                                                                           The weighted standard value indexs of survey data(30% weight)
                                                                            (B)
                                                                                     Total
                                                                                 standard
                                                                    2.9677
                                             1.3446
                         0.8050
                                                             2.0709
                                        0.7501
                                                                                   weighted
                                                        1.6553
                              0.7398
                                                  1.2838
                                   0.8121
                                                                                value indexs
                                                                              of survey data
                                                                                     indexs of
                                                             1.9721
                                   0.0964
                                                                                                              Optical Communications of China & Global Market (2022)
                                                        0.9575
                                        0.1087
                                                                    3.6844
                                             0.6213
                              0.0718
                                                  0.8278
                         -0.0723
                     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.
                                                                                 $     %
                                                                                       Comprehensive
                                                                                   competitiveness
                                        809
                              806
                                                             939
                                                        905
                                             893
                         799
                                   808
                                                  900
                                                                    1000
                                                                                   scores of
                                                                                                                    The 16 th  Ranking Event of Top 10 Competitiveness Enterprises in the
                                                                                     Comprehensive
                                                                                  competitiveness
                                                                  company
                                                                                               Rankings of the Top 10 comprehensive competitiveness enterprises in the optical communications field of China in 2022 (16 th )
                                                                    listed Subsidiary
                                                                      Annual report of
                                                                                                         Rankings of the Top 10 competitiveness enterprises in the optical communications industry of China in 2022(16 th )
           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 consistency of statistical test, the overdone impact on overall standard value of financial data by the abnormal data of growth index can be eliminated.
                                                                                   Source of financial data
                                            and operators' tender results
                                               Taxationǃresearch ˂ survey
                         Annual report of listed company
                                                        Annual report of listed company
                                                                  for public
                                                             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
                                                                    of company
                                                                      Annual report
             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
                    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 business, while 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 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 industry average level. The extremely high
                  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. The formula of calculating
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