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Avention One-Stop Report

Coolpad Group Ltd


7 August 2014

Avention One-Stop Reports for Coolpad Group Ltd

Annual Income Statement

Coolpad Group Ltd


Shenzhen, China, Tel: 86-755-33023607, URL: http://www.coolpad.com.hk

Financials in: USD (mil)


Except for share items (millions) and per share items (actual units)

Financial Glossary
31-Dec-2013

31-Dec-2012

31-Dec-2011

31-Dec-2010

Period Length

12 Months

12 Months

12 Months

12 Months

31-Dec-2009
12 Months

UpdateType/Date

Updated Normal
31-Dec-2013

Updated Normal
31-Dec-2012

Updated Normal
31-Dec-2011

Updated Normal
31-Dec-2010

Updated Normal
31-Dec-2009

Filed Currency

HKD

HKD

HKD

HKD

HKD

Exchange Rate (Period Average)

7.756599

7.757137

7.784248

7.768777

7.751604

Auditor

Ernst & Young


LLP

Ernst & Young


LLP

Ernst & Young


LLP

Ernst & Young


LLP

Ernst & Young


LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

2,529.9

1,851.0

943.0

591.2

336.0

Revenue

Net Sales

2,529.9

1,851.0

943.0

591.2

336.0

Total Revenue

2,529.9

1,851.0

943.0

591.2

336.0

Cost of Revenue
Cost of Revenue, Total
Gross Profit
Selling/General/Administrative
Expense
Total
Selling/General/Administrative
Expenses
Research & Development
Amortization of Intangibles
Depreciation/Amortization
Interest Income - Operating
Investment Income - Operating

2,203.8

1,629.3

804.1

447.3

243.8

2,203.8

1,629.3

804.1

447.3

243.8

326.2

221.7

138.9

143.8

92.2

202.2

147.5

99.4

74.1

61.7

202.2

147.5

99.4

74.1

61.7

90.0

42.0

28.0

19.0

4.9

9.4

4.2

5.5

4.1

4.9

9.4

4.2

5.5

4.1

-8.1

-7.9

-4.0

-1.4

-0.5

5.2

-2.3

-8.1

-2.5

-0.5

Interest/Investment Income Operating

-2.9

-10.2

-12.1

-3.9

-0.9

Interest Expense (Income) - Net


Operating Total

-2.9

-10.2

-12.1

-3.9

-0.9

0.0

Loss (Gain) on Sale of Assets Operating


Unusual Expense (Income)
Other Operating Expense
Other, Net
Other Operating Expenses, Total
Total Operating Expense
Operating Income
Interest Expense - Non-Operating
Interest Capitalized - NonOperating

0.0

-21.6

-16.3

-16.6

-16.8

-5.7

-5.9

-12.5

-11.7

-5.4

-2.8

-27.5

-28.8

-28.3

-22.3

-8.5

2,470.5

1,789.2

895.4

519.8

300.2

59.4

61.8

47.6

71.4

35.8

-3.0

-7.1

-5.9

-2.6

-3.3

0.0

1.4

1.5

Page 2

Avention One-Stop Reports for Coolpad Group Ltd


Interest Expense, Net NonOperating

-3.0

-7.1

-5.9

-1.2

-1.8

Investment Income - NonOperating

0.0

-0.8

0.0

0.0

0.0

Interest/Investment Income - NonOperating

0.0

-0.8

0.0

0.0

0.0

Interest Income (Expense) - Net


Non-Operating Total

-3.0

-7.9

-6.0

-1.2

-1.8

56.4

53.9

41.7

70.2

34.0

Income Before Tax


Total Income Tax

11.5

12.1

6.8

8.3

3.0

Income After Tax

44.9

41.8

34.8

61.8

31.0

0.0

0.2

0.0

0.0

Net Income Before Extraord Items

Minority Interest

44.9

42.0

34.9

61.8

31.0

Net Income

44.9

42.0

34.9

61.8

31.0

Income Available to Common Excl


Extraord Items

44.9

42.0

34.9

61.8

31.0

Income Available to Common Incl


Extraord Items

44.9

42.0

34.9

61.8

31.0

4,205.1

4,229.7

4,380.8

4,179.6

4,088.3

Basic EPS Excl Extraord Items

0.01

0.01

0.01

0.01

0.01

Basic/Primary EPS Incl Extraord Items

0.01

0.01

0.01

0.01

0.01

Dilution Adjustment

0.0

0.0

0.0

0.0

Diluted Net Income

44.9

42.0

34.9

61.8

31.0

Basic/Primary Weighted Average


Shares

Diluted Weighted Average Shares

4,292.1

4,306.0

4,466.3

4,323.6

4,141.2

Diluted EPS Excl Extraord Items

0.01

0.01

0.01

0.01

0.01

Diluted EPS Incl Extraord Items

0.01

0.01

0.01

0.01

0.01

Dividends per Share - Common Stock


Primary Issue

0.00

0.00

0.00

0.00

0.00

Gross Dividends - Common Stock

5.4

8.1

8.3

17.2

10.7

Interest Expense, Supplemental

3.0

7.1

5.9

1.2

1.8

0.0

-1.4

-1.5

6.9

5.4

5.2

3.1

2.5

Interest Capitalized, Supplemental


Depreciation, Supplemental
Total Special Items
Normalized Income Before Tax
Effect of Special Items on Income
Taxes

0.3

0.6

0.1

0.1

0.1

56.7

54.5

41.7

70.3

34.1

0.1

0.1

0.0

0.0

0.0

Inc Tax Ex Impact of Sp Items

11.6

12.2

6.9

8.4

3.0

Normalized Income After Tax

45.1

42.3

34.9

61.9

31.0

Normalized Inc. Avail to Com.

45.2

42.5

34.9

61.9

31.0

Basic Normalized EPS

0.01

0.01

0.01

0.01

0.01

Diluted Normalized EPS

0.01

0.01

0.01

0.01

0.01

Amort of Intangibles, Supplemental

15.2

9.4

4.5

5.7

4.3

4.2

3.7

2.4

1.4

1.0

Research & Development Exp,


Supplemental

90.0

42.0

28.0

19.0

9.2

Normalized EBIT

56.8

52.2

35.6

67.6

35.0

Normalized EBITDA

79.0

67.0

45.3

76.4

41.8

Rental Expenses

Page 3

Avention One-Stop Reports for Coolpad Group Ltd


Current Tax - Domestic

13.4

10.6

Current Tax - Foreign

4.5

9.1

2.3

Current Tax - Other

-0.1

0.4

13.4

10.6

4.4

9.5

2.3

2.4

-1.2

0.7

-1.9

1.5

Deferred Tax - Total

-1.9

1.5

2.4

-1.2

0.7

Income Tax - Total

11.5

12.1

6.8

8.3

3.0

Defined Contribution Expense Domestic

12.3

9.2

6.1

4.0

2.6

Total Pension Expense

12.3

9.2

6.1

4.0

2.6

Current Tax - Total


Deferred Tax - Domestic
Deferred Tax - Total

Annual Balance Sheet


Financials in: USD (mil)

Financial Glossary
UpdateType/Date

31-Dec-2013

31-Dec-2012

31-Dec-2011

31-Dec-2010

31-Dec-2009

Updated Normal
31-Dec-2013

Updated Normal
31-Dec-2012

Updated Normal
31-Dec-2011

Updated Normal
31-Dec-2010

Updated Normal
31-Dec-2009

Filed Currency

HKD

HKD

HKD

HKD

HKD

Exchange Rate

7.754674

7.75115

7.7666

7.77365

7.75405

Auditor

Ernst & Young


LLP

Ernst & Young


LLP

Ernst & Young


LLP

Ernst & Young


LLP

Ernst & Young


LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

Cash
Cash & Equivalents
Cash and Short Term Investments
Accounts Receivable - Trade,
Gross
Provision for Doubtful Accounts
Trade Accounts Receivable - Net
Other Receivables
Total Receivables, Net
Inventories - Finished Goods
Inventories - Work In Progress
Inventories - Raw Materials

136.3

82.6

32.4

210.0

164.3

210.0

164.3

136.3

82.6

32.4

388.3

282.2

202.6

28.8

38.1

-1.6

-0.5

-0.2

-0.3

-0.1

413.9

311.7

290.6

118.3

43.9

0.0

0.0

0.1

0.1

0.1

413.9

311.7

290.7

118.3

43.9

169.3

107.8

60.4

35.0

18.0

35.4

31.8

27.3

14.1

11.9

129.8

94.0

127.1

58.4

36.9

Total Inventory

334.6

233.7

214.8

107.4

66.8

Prepaid Expenses

87.5

83.7

40.2

22.5

15.5

90.2

91.5

139.1

93.7

24.1

0.3

0.2

0.2

Restricted Cash - Current


Other Current Assets
Other Current Assets, Total
Total Current Assets
Buildings
Machinery/Equipment

90.2

91.5

139.4

93.9

24.3

1,136.2

884.9

821.4

424.7

182.9

52.5

58.0

49.5

40.1

15.4

3.1

1.4

1.3

1.3

1.2

Construction in Progress

15.8

4.4

12.1

6.4

17.3

Other Property/Plant/Equipment

21.3

20.1

15.4

13.4

9.7

92.8

84.0

78.3

61.2

43.6

-19.6

-14.7

-10.4

-7.5

-5.8

73.2

69.3

67.9

53.7

37.7

Property/Plant/Equipment - Gross
Accumulated Depreciation
Property/Plant/Equipment - Net

Page 4

Avention One-Stop Reports for Coolpad Group Ltd


Intangibles - Gross

62.9

53.0

37.0

29.5

26.0

Accumulated Intangible
Amortization

-40.5

-32.2

-22.5

-17.4

-11.5

Intangibles, Net

22.4

20.8

14.5

12.1

14.6

7.7

7.7

4.4

0.0

1.1

31.9

43.1

44.6

39.2

36.8

39.6

50.8

49.0

39.2

37.9

19.8

16.2

14.2

8.7

8.0

1.4

0.5

1.7

2.8

0.2

LT Investment - Affiliate Companies


LT Investments - Other
Long Term Investments
Deferred Charges
Deferred Income Tax - Long Term
Asset
Other Long Term Assets

5.0

3.1

1.1

6.0

8.8

26.2

19.8

16.9

17.4

17.0

1,297.5

1,045.4

969.7

547.1

290.2

Accounts Payable

590.4

494.2

385.4

161.6

66.5

Accrued Expenses

121.3

76.0

54.6

45.6

25.6

Other Long Term Assets, Total


Total Assets

Notes Payable/Short Term Debt


Current Portion - Long Term
Debt/Capital Leases
Customer Advances
Income Taxes Payable
Other Payables
Other Current Liabilities

0.0

0.0

77.2

61.2

0.0

77.8

69.1

76.0

16.9

10.3

75.6

40.0

36.7

23.0

12.7

9.5

7.1

3.2

6.8

4.3

46.8

27.3

29.8

22.2

24.1

12.6

7.7

6.4

4.0

1.7

Other Current liabilities, Total

144.6

82.1

76.1

56.0

42.8

Total Current Liabilities

934.0

721.4

669.3

341.2

145.2

Long Term Debt


Total Long Term Debt
Total Debt
Deferred Income Tax - LT Liability

0.0

3.0

8.7

17.1

27.4

0.0

3.0

8.7

17.1

27.4

77.8

72.2

162.0

95.1

37.7

6.2

8.0

7.8

5.5

3.6

Deferred Income Tax

6.2

8.0

7.8

5.5

3.6

Minority Interest

0.4

0.4

0.6

0.5

0.0

Other Long Term Liabilities


Other Liabilities, Total
Total Liabilities
Common Stock
Common Stock
Additional Paid-In Capital
Retained Earnings (Accumulated
Deficit)
Unrealized Gain (Loss)
Translation Adjustment
Other Equity
Other Equity, Total
Total Equity
Total Liabilities & Shareholders
Equity
Shares Outstanding - Common
Stock Primary Issue
Total Common Shares Outstanding
Treasury Shares - Common Stock

1.2

1.7

1.9

0.7

0.6

1.2

1.7

1.9

0.7

0.6

941.9

734.6

688.3

364.9

176.8

2.7

2.7

2.8

2.7

2.7

2.7

2.7

2.8

2.7

2.7

60.8

75.3

14.6

23.4

246.1

8.1

162.6

138.8

68.1

10.5

13.6

9.2

7.2

35.6

27.1

17.1

12.5

0.0

300.1

0.0

0.0

-0.5

35.6

300.1

27.1

17.1

12.0

355.6

310.9

281.4

182.2

113.4

1,297.5

1,045.4

969.7

547.1

290.2

4,221.5

4,188.9

4,294.8

4,204.7

4,118.2

4,221.5

4,188.9

4,294.8

4,204.7

4,118.2

0.0

0.0

Page 5

Avention One-Stop Reports for Coolpad Group Ltd


Primary Issue
Employees

3,900

2,500

Accumulated Intangible Amort, Suppl.

40.5

32.2

22.5

17.4

11.5

Deferred Revenue - Current

75.6

40.0

36.7

23.0

12.7

Total Long Term Debt, Supplemental

72.2

162.0

95.1

37.7

Long Term Debt Maturing within 1 Year

69.1

153.2

78.0

10.3

Long Term Debt Maturing in Year 2

3.0

5.7

8.5

10.0

Long Term Debt Maturing in Year 3

1.0

2.8

5.8

Long Term Debt Maturing in Year 4

1.0

2.8

5.8

Long Term Debt Maturing in Year 5

1.0

2.8

5.8

Long Term Debt Maturing in 2-3 Years

3.0

6.7

11.3

15.8

Long Term Debt Maturing in 4-5 Years

2.0

5.7

11.6

Long Term Debt Matur. in Year 6 &


Beyond

0.0

0.0

0.1

0.1

Total Operating Leases, Supplemental

13.6

7.1

1.6

2.4

0.6

Operating Lease Payments Due in Year


1

5.3

2.8

1.1

1.3

0.5

Operating Lease Payments Due in Year


2

2.1

1.1

0.1

0.3

0.0

Operating Lease Payments Due in Year


3

2.1

1.1

0.1

0.3

0.0

Operating Lease Payments Due in Year


4

2.1

1.1

0.1

0.3

0.0

Operating Lease Payments Due in Year


5

2.1

1.1

0.1

0.3

0.0

Operating Lease Pymts. Due in 2-3


Years

4.1

2.1

0.2

0.6

0.1

Operating Lease Pymts. Due in 4-5


Years

4.1

2.1

0.2

0.6

0.1

Oper. Lse. Pymts. Due in Year 6 &


Beyond

0.0

0.0

0.0

0.0

0.0

Annual Cash Flows


Financials in: USD (mil)

Financial Glossary
31-Dec-2013

31-Dec-2012

31-Dec-2011

31-Dec-2010

31-Dec-2009

Period Length

12 Months

12 Months

12 Months

12 Months

12 Months

UpdateType/Date

Updated Normal
31-Dec-2013

Updated Normal
31-Dec-2012

Updated Normal
31-Dec-2011

Updated Normal
31-Dec-2010

Updated Normal
31-Dec-2009

Filed Currency

HKD

HKD

HKD

HKD

HKD

Exchange Rate (Period Average)

7.756599

7.757137

7.784248

7.768777

7.751604

Auditor

Ernst & Young


LLP

Ernst & Young


LLP

Ernst & Young


LLP

Ernst & Young


LLP

Ernst & Young


LLP

Auditor Opinion

Unqualified

Unqualified

Unqualified

Unqualified

Unqualified

56.4

53.9

41.7

70.2

34.0

Net Income/Starting Line


Depreciation
Depreciation/Depletion
Amortization of Intangibles

6.9

5.4

5.2

3.1

2.5

6.9

5.4

5.2

3.1

2.5

15.2

9.4

4.2

5.5

4.1

15.2

9.4

4.2

5.5

4.1

Unusual Items

5.0

-0.3

-0.2

1.5

0.1

Equity in Net Earnings (Loss)

0.0

0.8

0.0

0.0

0.0

Amortization

Page 6

Avention One-Stop Reports for Coolpad Group Ltd


Other Non-Cash Items

30.0

13.6

7.9

9.3

4.1

35.0

14.1

7.8

10.7

4.1

Accounts Receivable

-104.7

-21.3

-165.0

-75.5

-7.6

Inventories

-37.9

Non-Cash Items

-115.7

-30.9

-101.9

-44.9

Prepaid Expenses

-4.2

-43.1

-16.2

-7.4

3.8

Other Assets

-0.3

-0.5

-0.5

0.0

-0.1

Accounts Payable
Payable/Accrued
Other Liabilities
Other Operating Cash Flow

99.4

108.7

210.2

98.9

33.4

106.7

28.9

25.3

30.1

38.3

-0.4

-0.2

1.2

0.1

0.0

-11.0

-6.7

-8.0

-7.0

-0.6

Changes in Working Capital

-30.1

34.8

-55.0

-5.8

29.2

Cash from Operating Activities

83.4

117.6

3.8

83.8

74.0

Purchase of Fixed Assets

-19.0

-14.1

-10.0

-8.4

-9.2

Purchase/Acquisition of Intangibles

-20.1

-18.3

-6.2

-5.7

-6.3

-39.1

-32.4

-16.2

-14.0

-15.5

0.0

-3.9

-4.3

0.0

0.0

Capital Expenditures
Acquisition of Business

0.0

1.1

0.0

Sale of Fixed Assets

Sale of Business

0.3

7.0

0.4

0.2

0.1

Sale/Maturity of Investment

0.9

47.7

-0.5

-1.8

-42.0

-67.5

-15.1

8.1

7.9

4.0

1.4

0.5

8.8

56.9

-41.9

-64.8

-14.6

-30.3

24.5

-58.1

-78.9

-30.1

-2.9

-8.0

-4.8

-3.6

-3.2

-2.9

-8.0

-4.8

-3.6

-3.2

-13.6

-5.5

-17.3

-10.8

-2.6

-13.6

-5.5

-17.3

-10.8

-2.6

Purchase of Investments
Other Investing Cash Flow
Other Investing Cash Flow Items,
Total
Cash from Investing Activities
Other Financing Cash Flow
Financing Cash Flow Items
Cash Dividends Paid - Common
Total Cash Dividends Paid
Sale/Issuance of Common

2.7

2.4

86.0

0.0

0.9

Repurchase/Retirement of
Common

0.0

-12.5

-24.4

0.0

-0.1

2.7

-10.2

61.5

0.0

0.7

Common Stock, Net


Options Exercised

0.8

3.2

2.7

-10.2

62.3

3.2

0.7

394.4

518.7

295.8

70.7

90.5

394.4

518.7

295.8

70.7

90.5

-387.2

-609.2

-232.7

-13.6

-113.0

-387.2

-609.2

-232.7

-13.6

-113.0

Issuance (Retirement) of Debt,


Net

7.3

-90.5

63.1

57.1

-22.5

Cash from Financing Activities

-6.5

-114.2

103.4

46.0

-27.6

Issuance (Retirement) of Stock,


Net
Short Term Debt Issued
Short Term Debt, Net
Long Term Debt Reduction
Long Term Debt, Net

Foreign Exchange Effects

-0.9

-0.2

4.5

-0.7

0.0

45.7

27.7

53.6

50.3

16.3

Net Cash - Beginning Balance

164.2

136.5

82.5

32.4

16.1

Net Cash - Ending Balance

209.9

164.2

136.0

82.6

32.4

2.9

8.0

4.9

2.6

3.3

11.0

6.7

8.0

7.0

0.6

Net Change in Cash

Cash Interest Paid


Cash Taxes Paid

Page 7

Avention One-Stop Reports for Coolpad Group Ltd

1983-2014 Reuters Research Inc. All Rights Reserved.


Published by Avention, Inc., August, 2014.

Page 8

Avention One-Stop Reports for Coolpad Group Ltd

Financial Health

Coolpad Group Ltd


Shenzhen, China, Tel: 86-755-33023607, URL: http://www.coolpad.com.hk

Financials in: USD (mil)


Except for share items (millions) and per share items (actual units)

Key Indicators USD (mil)


Quarter
Ending
31-Dec-2013
1,288.5

Total Revenue1 (?)


Research &
Development1 (?)
Operating Income1 (?)

Total Long Term Debt3


(?)
Total Common Shares
Outstanding3 (?)
1-ExchangeRate: HKD to USD
Average for Period
2-ExchangeRate: HKD to USD
Average for Period
3-ExchangeRate: HKD to USD
Period End Date

3 Year
Growth
62.27%

5 Year
Growth
81.11%

143.28%

90.0

114.31%

67.85%

24.0

-32.94%

59.4

-3.89%

-5.98%

17.5

-21.59%

44.9

7.05%

-10.13%

0.00

-22.17%

0.01

7.66%

-10.31%

39.1

20.81%

40.69%

1.34%

83.4

-29.08%

83.4

-29.08%

-0.22%

26.15%

83.4

44.3

-48.03%

-14.11%

1,297.5

24.17%

1,297.5

24.17%

33.25%

44.72%

941.9

28.28%

941.9

28.28%

37.07%

50.56%

0.0

0.0

4,221.5

0.78%

4,221.5

0.78%

0.13%

0.68%

Cash from Operating


Activities2 (?)
Free Cash Flow (?)
Total Liabilities3 (?)

1 Year
Growth
36.67%

63.8

Income Available to
Common Excl Extraord
Items1 (?)
Basic EPS Excl Extraord
Items1 (?)
Capital Expenditures2 (?)

Total Assets3 (?)

Quarter
Annual
Ending
Year End
Yr Ago
31-Dec-2013
22.74%
2,529.9

7.754554

7.756599

7.756599

7.756599

7.754674

7.754674

Utility Industry Specific USD (mil)


31-Dec-2013
Deferred

Charges 3

(?)

3-ExchangeRate: HKD to USD Period End


Date

31-Dec-2012

31-Dec-2011

31-Dec-2010

31-Dec-2009

19.8

16.2

14.2

8.7

8.0

7.754674

7.751150

7.766600

7.773650

7.754050

Key Ratios
31-Dec-2013

31-Dec-2012

31-Dec-2011

31-Dec-2010

31-Dec-2009

Profitability
Gross Margin (?)

12.89%

11.98%

14.73%

24.33%

27.44%

Operating Margin (?)

2.35%

3.34%

5.05%

12.07%

10.66%

Pretax Margin (?)

2.23%

2.91%

4.42%

11.87%

10.12%

Net Profit Margin (?)

1.78%

2.27%

3.70%

10.46%

9.21%

Current Ratio (?)

1.22

1.23

1.23

1.24

1.26

Long Term Debt/Equity (?)

0.00

0.01

0.03

0.09

0.24

Total Debt/Equity (?)

0.22

0.23

0.58

0.52

0.33

Financial Strength

Management Effectiveness
Return on Assets (?)

3.83%

4.15%

4.60%

14.77%

12.52%

Return on Equity (?)

13.49%

14.17%

15.07%

41.84%

31.57%

Efficiency

Page 9

Avention One-Stop Reports for Coolpad Group Ltd


Receivables Turnover (?)

6.98

6.14

4.62

7.29

7.70

Inventory Turnover (?)

7.76

7.26

5.00

5.14

5.02

Asset Turnover (?)

2.16

1.84

1.25

1.41

1.36

Market Valuation USD (mil)


P/E (TTM) (?)

. Enterprise Value2 (?)

24.37

Price/Sales (TTM) (?)

0.43

. Enterprise Value/Revenue (TTM) (?)

Price/Book (MRQ) (?)

3.03

. Enterprise Value/EBITDA (TTM) (?)

Market Cap as of 25-Jul-20141 (?)

1,091.3

1-ExchangeRate: HKD to USD on 25-Jul-2014

7.750264

2-ExchangeRate: HKD to USD on 31-Dec2013

7.754674

1983-2014 Reuters Research Inc. All Rights Reserved.


Published by Avention, Inc., August, 2014.

Page 10

958.8
0.38
12.14

Avention One-Stop Reports for Coolpad Group Ltd

Ratio Comparisons

Coolpad Group Ltd


Shenzhen, China, Tel: 86-755-33023607, URL: http://www.coolpad.com.hk

Traded:
Industry: Communications Equipment
Sector: Technology

Financials in: USD (actual units)


As of 25-Jul-2014

Company

Industry

Sector

S&P 500

Valuation Ratios
P/E Excluding Extraordinary (TTM) (?)
P/E High Excluding Extraordinary Last 5 Yrs (?)
P/E Low Excluding Extraordinary - Last
5 Yrs (?)
Beta (?)

24.37

26.36

22.09

19.68

21.83

34.57

42.91

32.79

11.52

10.71

12.36

10.71

0.93

1.27

1.19

1.00

Price/Revenue (TTM) (?)

0.43

4.52

4.07

2.57

Price/Book (MRQ) (?)

3.03

3.64

4.73

3.67

Price to Tangible Book (MRQ) (?)

3.27

6.07

6.85

5.21

Price to Cash Flow Per Share (TTM) (?)

19.25

18.57

17.48

14.22

Price to Free Cash Flow Per Share


(TTM) (?)

13.08

34.55

23.00

26.26

0.51%

1.43%

1.65%

2.26%

0.02

0.61

0.71

1.99

Dividends
Dividend Yield (?)
Dividend Per Share - 5 Yr Avg (?)
Dividend 5 Yr Growth (?)

4.63%

7.13%

0.08%

12.09%

11.53%

10.38%

25.98%

Revenue (MRQ) vs Qtr 1 Yr Ago (?)

22.74%

23.53%

28.50%

15.58%

Revenue (TTM) vs TTM 1 Yr Ago (?)

36.67%

5.65%

18.25%

17.69%

Revenue 5 Yr Growth (?)

81.11%

14.13%

16.94%

8.97%

EPS (MRQ) vs Qtr 1 Yr Ago (?)

-22.19%

32.01%

41.24%

19.49%

EPS (TTM) vs TTM 1 Yr Ago (?)

7.39%

45.40%

49.53%

32.55%

6.47%

20.44%

9.86%

1.34%

5.94%

9.78%

-2.04%

Quick Ratio (MRQ) (?)

0.86

2.60

1.98

1.24

Current Ratio (MRQ) (?)

1.22

3.07

2.38

1.79

LT Debt/Equity (MRQ) (?)

0.00

0.23

0.31

0.64

Total Debt/Equity (MRQ) (?)

0.22

0.27

0.36

0.73

Interest Coverage (TTM) (?)

397.56

23.01

11.30

13.80

Gross Margin (TTM) (?)

12.89%

47.86%

55.32%

45.21%

Gross Margin - 5 Yr Avg (?)

14.76%

54.42%

53.24%

44.91%

EBITD Margin (TTM) (?)

2.71%

23.07%

25.78%

24.43%

EBITD Margin - 5 Yr Avg (?)

4.95%

19.52%

21.39%

22.84%

Operating Margin (TTM) (?)

2.35%

20.05%

22.29%

20.63%

Operating Margin - 5 Yr Avg (?)

4.42%

16.52%

17.62%

18.28%

Pretax Margin (TTM) (?)

2.23%

22.01%

22.54%

17.95%

Pretax Margin - 5 Yr Avg (?)

4.10%

19.67%

18.75%

17.10%

Net Profit Margin (TTM) (?)

1.77%

17.97%

17.35%

13.65%

Payout Ratio (TTM) (?)


Growth Rates (%)

EPS 5 Yr Growth (?)


Capital Spending 5 Yr Growth (?)
Financial Strength

Profitability Ratios (%)

Page 11

Avention One-Stop Reports for Coolpad Group Ltd


Net Profit Margin - 5 Yr Avg (?)

3.43%

15.71%

12.72%

12.10%

Effective Tax Rate (TTM) (?)

20.38%

21.11%

23.73%

28.45%

Effective Tax rate - 5 Yr Avg (?)

16.32%

23.84%

24.82%

29.92%

Return on Assets (TTM) (?)

3.83%

7.97%

12.89%

8.54%

Return on Assets - 5 Yr Avg (?)

5.95%

9.21%

10.70%

8.40%

Return on Investment (TTM) (?)

13.08%

7.18%

13.09%

7.90%

Return on Investment - 5 Yr Avg (?)

17.70%

8.30%

11.50%

8.27%

Return on Equity (TTM) (?)

13.49%

14.12%

25.23%

19.72%

Return on Equity - 5 Yr Avg (?)

19.39%

14.59%

21.05%

20.06%

Revenue/Employee (TTM) (?)

495,361.28

617,868.03

927,613.77

Net Income/Employee (TTM) (?)

108,785.47

132,630.14

116,121.92

Receivables Turnover (TTM) (?)

6.98

10.35

8.08

13.25

Inventory Turnover (TTM) (?)

7.76

12.91

19.61

14.53

Asset Turnover (TTM) (?)

2.16

0.59

0.75

0.93

Management Effectiveness (%)

Efficiency

1983-2014 Reuters Research Inc. All Rights Reserved.


Published by Avention, Inc., August, 2014.

Page 12

Avention One-Stop Reports for Coolpad Group Ltd

Annual Ratios

Coolpad Group Ltd


Shenzhen, China, Tel: 86-755-33023607, URL: http://www.coolpad.com.hk

Financials in: USD (mil)


Except for share items (millions) and per share items (actual units)

31-Dec-2013

31-Dec-2012

31-Dec-2011

31-Dec-2010

31-Dec-2009

Financial Strength
Current Ratio (?)

1.22

1.23

1.23

1.24

1.26

Quick/Acid Test Ratio (?)

0.67

0.66

0.64

0.59

0.53

Working Capital1 (?)

202.2

163.5

152.1

83.5

37.8

Long Term Debt/Equity (?)

0.00

0.01

0.03

0.09

0.24

Total Debt/Equity (?)

0.22

0.23

0.58

0.52

0.33

Long Term Debt/Total Capital (?)

0.00

0.01

0.02

0.06

0.18

Total Debt/Total Capital (?)

0.18

0.19

0.37

0.34

0.25

Payout Ratio (?)

12.06%

19.48%

24.23%

26.11%

34.07%

Effective Tax Rate (?)

20.38%

22.45%

16.41%

11.89%

8.94%

433.4

383.1

443.3

277.3

151.0

Asset Turnover (?)

2.16

1.84

1.25

1.41

1.36

Inventory Turnover (?)

7.76

7.26

5.00

5.14

5.02

47.04

50.25

73.00

71.07

72.78

6.98

6.14

4.62

7.29

7.70

Total Capital1 (?)


Efficiency

Days In Inventory (?)


Receivables Turnover (?)
Days Receivables Outstanding (?)

52.32

59.41

79.00

50.08

47.43

Revenue/Employee2 (?)

151,488

134,374

Operating Income/Employee2 (?)

18,288

14,327

EBITDA/Employee2 (?)

20,558

17,043

Profitability
Gross Margin (?)

12.89%

11.98%

14.73%

24.33%

27.44%

Operating Margin (?)

2.35%

3.34%

5.05%

12.07%

10.66%

EBITDA Margin (?)

3.22%

4.14%

6.08%

13.57%

12.68%

EBIT Margin (?)

2.35%

3.34%

5.05%

12.07%

10.66%

Pretax Margin (?)

2.23%

2.91%

4.42%

11.87%

10.12%

Net Profit Margin (?)

1.78%

2.27%

3.70%

10.46%

9.21%

R&D Expense/Revenue (?)

3.56%

2.27%

2.97%

3.21%

87.11%

88.02%

85.27%

75.67%

72.56%

7.99%

7.97%

10.55%

12.53%

18.35%

COGS/Revenue (?)
SG&A Expense/Revenue (?)
Management Effectiveness
Return on Assets (?)

3.83%

4.15%

4.60%

14.77%

12.52%

Return on Equity (?)

13.49%

14.17%

15.07%

41.84%

31.57%

0.01

0.02

0.00

0.02

0.01

0.02

0.03

0.00

0.02

0.02

1-ExchangeRate: HKD to USD Period End Date

7.754674

7.75115

7.7666

7.77365

7.75405

2-ExchangeRate: HKD to USD Average for Period

7.754674

7.75115

7.7666

7.77365

7.75405

Valuation
Free Cash Flow/Share2 (?)
Operating Cash Flow/Share

(?)

Page 13

Avention One-Stop Reports for Coolpad Group Ltd

Current Market Multiples


Market Cap/Earnings (TTM) (?)
Market Cap/Equity (MRQ) (?)
Market Cap/Revenue (TTM) (?)

24.66
3.07
0.43

Market Cap/EBIT (TTM) (?)

19.18

Market Cap/EBITDA (TTM) (?)

15.90

Enterprise Value/Earnings (TTM) (?)

21.68

Enterprise Value/Equity (MRQ) (?)


Enterprise Value/Revenue (TTM) (?)

2.70
0.38

Enterprise Value/EBIT (TTM) (?)

16.86

Enterprise Value/EBITDA (TTM) (?)

13.98

1983-2014 Reuters Research Inc. All Rights Reserved.


Published by Avention, Inc., August, 2014.

Page 14

Avention One-Stop Reports for Coolpad Group Ltd

Page 15