Page 16 - Market Analysis Report of Optical Communications Field in China & Global market 2024
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CHINA

14
         The 18th Ranking Event of Top 10 Competitiveness Enterprises in the
              Optical Communications of China & Global Market (2024)

         Rankings of the Top 10 competitiveness enterprises in the optical components and auxiliary equipment field of China in 2024 (18th)

                                           The weighted standard value indexs of financial data 70% weight           The weighted standard value indexs of survey data(30% weight)

Company            Sales Net       Net     Return    Return    Sales The ratio of The average        The average        Total                   Customer        Brand    Management   Corporation     Total      Comprehensive                    Source of financial data
         Ranking revenues assets  profits  on total  on net   revenues international growth rate of  growth rate                                satisfaction  awareness    level of     culture     weighted        indexs of Comprehensive
                                           assets    assets  contribution revenue sales revenues     of net profits    weighted Technology                                enterprise                standard
                  weight weight                                                                      for the last    standard value innovation                                                     value indexs  competitiveness scores of
                   18% 13%                                      per to total sales for the last      three years                                                                                                                 competitiveness
                                                             employee revenues three years                             indexs of
                                                                                                                                                                                                                 $
%

                                                                                                                     financial data

                                  weight weight weight weight weight  weight                         weight          weight weight weight weight                                      weight of survey data
                                                                                                                                                                                                   (B)
                                  13% 8% 8%                  5%  6%   14%                                   15% (A) 34% 18% 12% 11% 25%

Accelink 1 1.1782 1.3911 0.0764 0.0029 0.0036 0.1900 0.0042 -0.0015 -0.0002 2.8446 0.5458 0.4172 0.3449 0.3579 0.4385 2.1043 2.6225                                                                                      1000 Annual report of listed company

Zhongji Innolight 2 1.2004 1.4300 0.0901 0.0084 0.0112 0.2015 0.0153 0.0026 0.0086 2.9681 0.4659 0.3533 0.3253 0.3287 0.3383 1.8115 2.6211                                                                               999 Annual report of listed company

Eoptolink 3 0.5855 0.8387 0.0853 0.0082 0.0087 0.2029 0.0152 0.0033 0.0020 1.7499 0.4005 0.3496 0.2504 0.3100 0.2987 1.6092 1.7077                                                                                       960 Annual report of listed company

TFC 4 0.3519 0.4165 0.0907 0.0157 0.0183 0.0598 0.0151 0.0073 0.0095 0.9846 0.3743 0.3221 0.2157 0.2101 0.2241 1.3463 1.0931 933 Annual report of listed company

JONHON 5 0.5955 0.0578 0.0228 0.0068 0.0118 0.1389 -0.0122 0.0053 0.0071 0.8338 0.4098 0.3491 0.1666 0.2978 0.2699 1.4931                                                                                        1.0316  930 Annual report of listed company
HGTECH 6 0.5881 0.0473 0.0159 0.0035 0.0068 0.1543 -0.0092 0.0047 0.0041 0.8157 0.3828 0.2895 0.3005 0.2529 0.2841 1.5098                                                                                        1.0239
LUSTER 7 0.1181 0.5010 0.0172 0.0003 -0.0004 0.1660 -0.0111 0.0028 0.0000 0.7938 0.4017 0.3211 0.2058 0.2013 0.2150 1.3448                                                                                       0.9591  929                      Annual report of listed
                                                                                                                                                                                                                                                    parent company

                                                                                                                                                                                                                         926 Annual report of listed company

O-Net 8 0.1415 0.2091 0.0090 0.0006 0.0012 0.0927 0.0123 -0.0020 -0.0016 0.4628 0.3836 0.2790 0.2171 0.2430 0.2781 1.4009 0.7442                                                                                         917 Annual report of listed company

AFR 9 0.1080 0.1399 0.0036 0.0004 -0.0005 0.0306 0.0070 0.0023 0.0035 0.2948 0.3376 0.2942 0.1899 0.2126 0.2115 1.2458 0.5801 910 Annual report of listed company

Sunstar 10 0.0652 -0.1145 -0.0016 0.0015 0.0026 0.1285 -0.0133 -0.0014 -0.0041 0.0628 0.3879 0.3577 0.2752 0.2779 0.2785 1.5772 0.5171                                                                                   907                      Annual report of listed
                                                                                                                                                                                                                                                    parent company

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.
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 data of the other 3 lists is the sales revenues of the related products in the sub-sectors of the optical communications industry.
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 “return on net assets” is: Return on net assets=net profit before tax/ net assets.
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 three 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 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
on overall standard value of financial data by the abnormal data of growth index can be eliminated.
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