Page 13 - Market Analysis Report of Optical Communications Field in China & Global market 2023

CICT
optical
communication
items products in
The group of three
ZTT
ZTE
HTGD
SDGI
ETERN
Company
FUTONG
ZHONGLI
Tongguang
optical
HUAWEI
communication
items products in
The group of two
5
6
1
9
4
8
3
7
10
Ranking
18%
Sales
weight
0.0873
0.3140
0.2133
0.3998
0.7846
-0.0411
revenues
1.1388
-0.0266
-0.1829
Net
13%
assets
weight
0.5864
0.3694
0.3188
0.0001
1.6229
0.0527
Net
13%
profits
weight
0.0619
0.4386
0.0506
1.0454
-0.0275 -0.1287
-0.0165 -0.0855
-0.0220 -0.0796
-0.0671
-0.0569
“return on net assets” is: Return on net assets=net profit before tax/ net assets.
8%
weight
assets
Return
on total
0.0018
0.0278
-0.0511
-0.0020
-0.0078
-0.0195
-0.0057
-0.0130
-0.0098
8%
weight
assets
Return
on net
0.0496
0.0402
0.0106
0.0101
0.0099
0.0253
-0.0067
-0.0597
-0.0032
per
5%
Sales
weight
0.0768
0.0767
0.0394
0.0691
0.0234
revenues
0.0284
0.0243
0.0190
0.0081
employee
contribution
6%
weight
0.1241
revenue
0.0176
0.0431
0.0521
0.1337
0.1000
0.0431
-0.0122
revenues
-0.0054
The ratio of
international
to total sales
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
0.0103
0.0034
-0.0419
0.0001
0.0256
0.0166
for the last
-0.0218
-0.0148
-0.0459
three years
The average
growth rate of
sales revenues
The weighted standard value indexs of financial datač70% weightĎ
15%
weight
0.0358
0.0071
0.0002
-0.0057
-0.0137
-0.0024
-0.0500
-0.1500
-0.0079
for the last
growth rate
three years
The average
of net profits
of
(A)
Total
standard
2.0068
0.9108
0.1914
3.9837
0.9149
-0.1417
-0.1287
-0.2099
weighted
-0.1744
value indexs
financial data
34%
weight
0.8023
0.2323
0.1384
0.2857
0.0963
0.1307
0.6660
0.2575
0.3653
innovation
Technology
18%
weight
0.1269
0.1183
0.3852
0.1348
0.2845
0.5209
0.1323
0.2488
0.3727
Customer
satisfaction
12%
weight
Brand
0.2507
0.2142
0.1563
0.2224
0.1697
0.1674
0.2299
0.5039
0.1624
awareness
11%
weight
level of
0.2529
0.1178
0.2554
0.1403
0.1791
0.1714
0.5530
0.2951
0.3385
enterprise
Management
25%
culture
weight
0.5878
0.1805
0.1971
0.2027
0.2892
0.3024
0.3591
0.4798
0.1831
Corporation
The weighted standard value indexs of survey data(30% weight)
(B)
Total
2.9679
standard
weighted
0.7400
0.8123
1.2840
0.8052
0.7803
2.0711
1.6555
1.3448
value indexs
of survey data
indexs of
0.1216
0.5374
0.1424
0.1440
1.1371
2.0261
0.0751
Optical Communications of China & Global Market (2023)
3.6789
1.0228
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
911
907
880
817
818
819
942
814
1000
scores of
Comprehensive
The 17 th Ranking Event of Top 10 Competitiveness Enterprises in the
competitiveness
company
Rankings of the Top 10 comprehensive competitiveness enterprises in the optical communications field of China in 2023 (17 th )
Annual report of
listed Subsidiary
Rankings of the Top 10 competitiveness enterprises in the optical communications industry of China in 2023(17 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
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
of company
information˗self-reported figures
Annual report
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
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 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
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
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