Group Home Page
Stock Code: 01968.hk 繁體  |  简体  
Financial Highlights
Annual / Interim Reports
Announcements
Circulars
Presentations / Webcasts
Press Releases
Dividend Information
Corporate Calendar
Prospectus
Investor Relations Contact
Corporate Profile
Brand Management
Corporate Information
Corporate Governance
 
 
 
 
   
 
 
Six months ended 30 June  
2016
(RMB million)
2015
(RMB million)
Profitability data
Revenue 1,298.1 1,380.4
Gross profit 494.0 523.1
Net profit 169.4 176.0
Basic earnings per share (RMB cents) 7.09 8.37
Diluted earnings per share (RMB cents) 7.09 8.36
Profitability ratios
Gross profit margin 38.1% 37.9%
Net profit margin 13.0% 12.7%
Effective tax rate 31.3% 34.4%
Return on equity (Note 1) 3.5% 4.1%
Operating ratios (as a percentage of revenue)
Advertising and promotion expenses 8.4% 9.3%
Staff costs 14.5% 15.5%
Research and development expenses 3.0% 2.2%
As at
30 June 2016
(RMB million)
As at
31 December 2015
(RMB million)
Assets and liabilities data
Non-current assets 731.5 750.2
Current assets 5,846.3 5,764.8
Current liabilities 1,575.2 1,275.5
Non-current liabilities 96.1 353.9
Shareholders’ equity 4,906.5 4,885.6
Current ratio 3.7 4.5
Gearing ratio (%) (Note 2) 21.0% 20.8%
Net asset value per share (RMB yuan) 2.05 2.04
Six months ended
30 June 2016
(days)
Year ended
31 December 2015
(days)
Working capital data
Average inventory turnover days (Note 3) 89 63
Average trade receivables and bills receivable turnover days (Note 4) 142 109
Average trade payables and bills payable turnover days (Note 5) 52 33
Notes:
1. Return on equity is equal to the net profit for the period divided by the average of the opening and closing equity.
2. The calculation of gearing ratio is based on the total bank loans divided by the equity.
3. Average inventory turnover days is equal to the average of the opening and closing inventory divided by the cost of sales and multiplied by the number of days for the period/year.
4. Average trade receivables and bills receivable turnover days is equal to the average of the opening and closing trade receivables and bills receivable divided by the turnover and multiplied by the number of days for the period/year.
5. Average trade payables and bills payable turnover days is equal to the average of the opening and closing trade payables and bills payable divided by the cost of sales and multiplied by the number of days for the period/year.