Page 15 - Market Analysis Report of Optical Communications Field in China & Global market 2023

CIG
ZTE
SDGI
TIANYI
HUAWEI
Company
Huahuan
Shanshui
FiberHome
GW Delight
RAISECOM
2
9
3
1
6
8
4
7
5
10
Ranking
18%
Sales
weight
0.0151
0.1067
0.0837
0.1668
0.0788
1.4902
0.8594
0.6542
-0.0586
-0.0353
revenues
Net
13%
weight
assets
0.0278
0.0045
1.0835
0.0003
2.2306
0.0351
0.5197
0.0307
0.0302
Net
13%
weight
profits
0.0899
0.0184
-0.0026
-0.0024
-0.0022
-0.0004 -0.0026
-0.0015
-0.0025
-0.0021
-0.0025
8%
assets
Return
on total
weight
0.0002
0.0007
0.0005
0.0000
0.0003
0.0010
0.0002
0.0006
-0.0001
-0.0002
8%
weight
on net
assets
Return
0.0006
0.0002
0.0001
0.0002
0.0012
0.0006
0.0007
0.0011
0.0007
0.0001
per
5%
Sales
weight
0.0073
revenues
0.0136
0.0530
0.0507
0.0195
employee
0.0223
0.0163
0.0267
0.0116
-0.0024
contribution
6%
weight
revenue
0.0188
0.0071
0.0148
revenues
0.0041
0.0461
0.0187
-0.0035
-0.0028
-0.0029
-0.0032
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
0.0029
0.0020
0.0015
0.0016
0.0077
0.0060
-0.1082
-0.0022
-0.0020
-0.0045
for the last
three years
The average
growth rate of
sales revenues
The weighted standard value indexs of financial datač70% weightĎ
15%
weight
0.0080
0.0106
-0.0072
-0.0122
-0.0144
-0.1500
-0.1500
-0.1500
-0.0199
-0.0036
for the last
three years
growth rate
of net profits
The average
of
(A)
Total
1.2301
weighted
standard
0.2092
0.0502
3.8590
1.9948
-0.0224
-0.0393
-0.0258
-0.0245
-0.0774
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
0.8022
0.7328
0.1448
0.1175
0.7848
0.1459
0.1475
0.1312
0.1661
0.1347
innovation
Technology
18%
weight
0.1499
0.1476
0.1361
0.1022
0.6595
0.1504
Customer
0.4551
0.3568
0.0702
0.0867
satisfaction
12%
Brand
weight
0.1007
0.1765
0.5824
0.1175
0.0920
0.1280
0.0734
0.3012
0.1214
0.1148
awareness
11%
weight
level of
0.1131
enterprise
0.0760
0.0967
0.1184
0.1187
0.1946
0.1059
0.5542
0.2593
0.1074
Management
25%
weight
culture
0.1034
0.1098
0.4003
0.1350
0.1289
0.5542
0.0717
0.1630
0.4069
0.1619
Corporation
(B)
The weighted standard value indexs of survey data(30% weight)
standard
0.5518
1.9196
0.4567
2.3026
0.6261
0.6408
0.5212
2.9986
0.6976
0.6943
value indexs
of survey data
Total weighted
indexs of
0.1383
0.1921
0.0828
0.2274
3.6009
2.0872
1.4369
0.1381
0.1926
0.3343
Optical Communications of China & Global Market (2023)
$ %
Comprehensive
competitiveness
936
704
911
705
699
718
694
708
700
1000
scores of
The 17 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 2023 (17 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
13