8 April 2010

2009
11 3 20

2009 3 11

2010
2009
2010
2010 2009
2010

research@cinda.com.hk
christina.ngai@cinda.com.hk
(852) 2235 7170

1
23 2009 4

2009 11

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Email: cs@cinda.com.hk
Website: www.cinda.com.hk

8 April 2010

2010 3 2010 1
2 3
2009
2009

2009

2008 2009 2010

2009

2009
2010 30-40% 2010

0688.HK

18.10

1.05

1.30

19.1

17.2

13.9

16.40

( ) / /(
( ) )

( %)
( %)

18.42
(1.7)
18.42
0%
1.77

1109.HK
0119.HK

17.94
10.10

0.93
0.43

1.17
0.68

13.7
50.8

19.3
20.5

15.4
13.0

18.27
8.80

20.73
10.43

(13.5)
(3.2)

3377.HK

7.22

0.41

0.54

68.6

15.4

11.8

8.80

8.39

0813.HK

15.04

0.85

1.07

104.1

15.5

12.4

15.80

17.93

1813.HK

5.85

0.42

0.59

26.2

12.2

8.8

5.90

10.66
2.25
3.31
2.48

0.68
0.23
0.34
0.37

0.81
0.27
0.38
0.39

N/A
N/A
20.3
40.5

13.9
9.7
8.7
6.0

11.7
8.4
7.6
5.6

2777.HK
3900.HK

13.80
11.38

1.19
0.79

1.48
1.04

28.3
78.3

10.2
12.8

2007.HK
*
0604.HK
*
0960.HK
*2009

2.91

0.17

0.23

34.1

3.28

0.30

0.37

18.1

7.10

0.50

0.56

30.3

3383.HK
0123.HK
2868.HK
2337.HK

2 0 1 0
2 0 1 1 2 0 1 0
2 0 1 1
( )
( LC )
( LC )
( %)
(x)
(x)
( )

( )

20.73
10.43

0%
0%

15.55
3.27

(13.9)

7.97

5%

10.39

(16.1)

17.04

5%

13.27

7.11

(17.7)

6.75

5%

15.46

10.58
2.30
4.45
3.22

22.80
2.61
4.45
4.32

(53.2)
(13.8)
(25.6)
(42.6)

19.38
2.22
3.56
2.81

15%
15%
20%
35%

81.80
(1.38)
7.55
13.23

8.2
9.7

12.50
11.70

19.32
14.50

(28.6)
(21.5)

14.49
10.15

25%
30%

5.00
(10.81)

14.8

11.2

3.90

5.93

(50.9)

3.26

45%

12.08

10.9

8.9

5.00

5.67

(42.2)

3.69

35%

12.42

14.2

11.2

7.73

9.60

(26.0)

8.16

15%

14.93

Page 2

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Email: cs@cinda.com.hk
Website: www.cinda.com.hk

8 April 2010

Page 3

Hotline: (852)2235 7789

Email: cs@cinda.com.hk
Website: www.cinda.com.hk

8 April 2010

CREIS

Page 4

Hotline: (852)2235 7789

Email: cs@cinda.com.hk
Website: www.cinda.com.hk

8 April 2010

15%
-15%~15%

15%

15%

-15%~15%

15%

(852) 2235 7127

castor.pang@cinda.com.hk

(852) 2235 7170

christina.ngai@cinda.com.hk

(852) 2235 7677

hayman.chiu@cinda.com.hk

(852) 2235 7131

frankie.chan@cinda.com.hk

(852) 2235 7847

lewis.pang@cinda.com.hk

(852) 2235 7617

barry.chan@cinda.com.hk

(852) 2235 7619

michael.yuk@cinda.com.hk

(00111)

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Email: cs@cinda.com.hk
Website: www.cinda.com.hk