600797 INSIGMA TECHNOLOGY CO.,LTD A 1-1-1
1 2 2005 7 8 3077 2005 7 8 2006 7 8 2005 3 31 2500 2005 3 31 2006 3 31 2004 11 12 3013.85 2004 11 12, 1-1-2
3 4 1-1-3
10 2.5 1 18 6 5% 18 10% 2 12 12 5% 24 10% 3 5% 12 1 2005 10 13 2 2005 10 20 1-1-4
3 2005 10 14 2005 10 20 1 9 19 9 29 2 9 29 3 9 29 4 0571-87950500 0571-87950117 gqfz@insigma.com.cn http://www.insigma.com.cn http://www.sse.com.cn 1-1-5
21 2005 10 13 1-1-6
1 Insigma Technology Co.,Ltd 1994 1 8 1 18 6 C 12 310007 0571 87950500 0571 87950117 http://www.insigma.com.cn zdwx@insigma.com.cn 600797 1993 2 [ 1993 68 ] 3 2001 6, 7730 IT 1-1-7
IT IBM EMC NTT 2005 49 2005 8 IT IDC IT 2 2005 1-6 2004 2003 2002 173,771 354,741 291,334 199,855 22,677 37,118 29,827 26,339 4,151 8,113 5,663 8,385 365,275 343,008 288,439 230,005 114,960 111,924 106,188 103,358 61.76 59.05 58.13 49.64 81,304 81,304 47,826 47,826 0.05 0.10 0.12 0.18 0.05 0.10 0.12 0.18 1.41 1.38 2.22 2.16 1.39 1.30 2.19 2.14 % 3.61 7.25 5.33 8.11 % 3.64 7.44 5.33 8.11 3.29 4.47 3.96 7.81 % -0.11 0.05 0.08 0.05 2005 3 1997 10 1 5 1998 10 3 4 2000 10 3 0.75 2001 10 0.80 2002 10 4 0.60 2003 10 2 5 0.50 2004 10 0.20 1-1-8
4 1997 3 [ 1997 63 ] [ 1997 64 ] 3000 6.12 / 8000 4 18 [ 1997 16 ] A 1998 5 [ (1998)43 ] 1997 8000 10 3 8 / 1287.5 2001 2 [ (2000)240 ] 1999 23948.75 10 3 12 / 3028.125 5 417,56.9404 51.36% 183,98.6315 22.63% 11,253.4968 13.84% 5,750.4324 7.07% 6,354.3797 7.82% 39,547.4091 48.64% 81,304.3495 100.00% -- 1993 2 [ 1993 68 ] 3 10,000 1997 1 4 [ 1-1-9
1997 7 ] 1 0.5 5000 [ 1997 63 ] [ 1997 64 ] 3 25 3000 8000 4 18 [ 1997 16 ] 3000 A 3,650 45.63% 3,500 43.75% 100 1.25% 50 0.63% 1,225 15.31% 1,025 12.81% 200 2.50% 125 1.56% 3,000 37.50% 8,000 100.00% -- 1 1998 1998 4 1997 8000 10 1 10 5 8000 12800 1998 5 [ (1998)43 ] 1997 8000 10 3 8 / 1287.5, 12800 14087.5 6,190 43.94% 5,950 42.24% 160 1.14% 80 0.57% 1,960 13.91% 1,640 11.64% 1-1-10
320 2.27% 237.5 1.69% 5,700 40.46% 14,087.5 100.00% -- 2 1999 1999 5 1998 14087.5 10 3 10 4 14087.5 23948.75 1999 10 4800 1999 12 2788 10,523 43.94% 5,315 22.19% 4,800 20.04% 272 1.14% 136 0.57% 3,332 13.91% 2,788 11.64% 544 2.27% 403.75 1.69% 9,690 40.46% 23,948.75 100.00% -- 3 2000 2000 3 403.75 272 147 100 25 4800 1-1-11
5,315 22.19% 5,315 22.19% 8,540 35.66% 4,800 20.04% 2,788 11.64% 952 3.98% 10,093.75 42.15% 23,948.75 100.00% -- 4 2001 2001 2 [ (2000)240 ] 1999 23948.75 10 3 12 / 3028.125, 23948.75 26976.875 2001 5 1500 1000 288 2001 6 2000 23948.75 10 3 34161.4913 2001 6 27, 6730 1000 350 7730 17,544.93 51.36% 7,730.52 22.63% 4,728.36 13.84% 1-1-12
1,899.49 5.56% 3,186.56 9.33% 16,616.56 48.64% 34,161.49 100.00% -- 5 2002 2002 5 1899.49 2002 9 2002 2002 6 30 34161.4913 10 4 47826.0879 24,562.91 51.36% 10,822.72 22.63% 6,619.70 13.84% 2,659.28 5.56% 4,461.21 9.33% 23,263.18 48.64% 47,826.09 100.00% -- 6 2003 2004 2003 12 6619.70 2004 6 2003 47826.0879 10 2 10 5 81304.3495 41,756.94 51.36% 18,398.63 22.63% 11,253.50 13.84% 4,520.78 5.56% 7,584.03 9.33% 1-1-13
39,547.41 48.64% 81,304.35 100.00% -- 7 2005 2005 8 31 4,520.7802 ( 5.56%) 1,229.6522 ( 1.51%) 5,750.4324 ( 7.07%) 417,56.9404 51.36% 183,98.6315 22.63% 11,253.4968 13.84% 5,750.4324 7.07% 6,354.3797 7.82% 39,547.4091 48.64% 81,304.3495 100.00% -- 1 2001 6 6 212 A 5 1-1-14
1-1-15 10.68% 10.28% 10.16% 10.09% 9.06% 8.60% 4.90% 4.62% 3.12% 2.16% 1.33% 9% 8% 8% 100% 13 3 2 1 3 21.88% 3 2
2001 6 27 6730 1000 22.63% 25% 13.84% 26.09% 3 2004 12 31 45947.37 28594.51, 37.15 2004 11327.3 1660.22 2005 7 31 59442.34 39847.34, 32.96 2004 13922.47 2265.30 4 1 5000 04ERB142 2004 11 2 2005 11 1 2 5000 04ERB165 2004 12 7 2005 12 6 3 10000 2005 23 017 2005 6 30 2006 6 29 4 7847.29 2005 12 2008 11 1-1-16
21 1 183,986,315 22.63% 1 2 112,534,968 13.84% 2 3 57,504,324 7.07% 4 30,138,535 3.71% 3 5 8,679,897 1.07% 6 8,330,000 1.02% 7 4,098,841 0.50% 4 8 4,098,841 0.50% 5 9 1,506,928 0.19% 10 1,446,622 0.18% 11 904,157 0.11% 12 753,462 0.09% 13 723,449 0.09% 14 663,034 0.08% 15 595,000 0.07% 16 459,828 0.06% 17 331,517 0.04% 18 301,384 0.04% 19 210,916 0.03% 20 150,693 0.02% 21 150,693 0.02% 1 2005 7 8 3077 2000 2005 7 8 2006 7 8 1-1-17
2 2005 3 31 2500 2000 2005 3 31 2006 3 31 3 2004 11 12 3013.85 3000 2004 11 12 4, 5 2002 11 24 409.88,, 1-1-18
25% 2, [2004]3 1 1-1-19
813,043,495 98,868,534 10 2.5 813,043,495 2 3 4 1 183,986,315 22.63% 43,562,731 0 140,423,584 17.27% 2 112,534,968 13.84% 26,645,070 0 85,889,898 10.56% 3 57,504,324 7.07% 13,615,383 0 43,888,941 5.40% 4 30,138,535 3.71% 7,135,945 0 23,002,590 2.83% 5 8,679,897 1.07% 2,055,152 0 6,624,745 0.81% 6 8,330,000 1.02% 1,972,306 0 6,357,694 0.78% 7 4,098,841 0.50% 970,488 0 3,128,353 0.38% 8 4,098,841 0.50% 970,488 0 3,128,353 0.38% 1-1-20
9 1,506,928 0.19% 356,797 0 1,150,131 0.14% 10 1,446,622 0.18% 342,518 0 1,104,104 0.14% 11 904,157 0.11% 214,078 0 690,079 0.08% 12 753,462 0.09% 178,398 0 575,064 0.07% 13 723,449 0.09% 171,292 0 552,157 0.07% 14 663,034 0.08% 156,987 0 506,047 0.06% 15 595,000 0.07% 140,879 0 454,121 0.06% 16 459,828 0.06% 108,874 0 350,954 0.04% 17 331,517 0.04% 78,493 0 253,024 0.03% 18 301,384 0.04% 71,359 0 230,025 0.03% 19 210,916 0.03% 49,938 0 160,978 0.02% 20 150,693 0.02% 35,679 0 115,014 0.01% 21 150,693 0.02% 35,679 0 115,014 0.01% 5 1 140,423,584 18 2 85,889,898 12 3 43,888,941 12 4 23,002,590 12 5 6,624,745 12 6 6,357,694 12 7 3,128,353 12 8 3,128,353 12 9 1,150,131 12 10 1,104,104 12 11 690,079 12 12 575,064 12 13 552,157 12 14 506,047 12 15 454,121 12 16 350,954 12 17 253,024 12 18 230,025 12 1-1-21
19 160,978 12 20 115,014 12 21 115,014 12 6 296,521,283-296,521,283 0 121,048,121-121,048,121 0 417,569,404-417,569,404 0 0 226,313,482 226,313,482 0 92,387,388 92,387,388 0 318,700,870 318,700,870 A 395,474,091 98,868,534 494,342,625 395,474,091 98,868,534 494,342,625 813,043,495 0 813,043,495 7 8 1 1 2005 9 16 60 3.44 1-1-22
2 2005 1 IT IT IT 24.43 SAP AG CA 31.64 32.14 30.90 TATA Consultancy Services Ltd. Infosys Tech. WIPRO Ltd. 30.46 24.22 27.23 Donaldson Company ESCO Technologies Inc. 24.11 30.54 25.5 2 2004 8,113 2005 6 31 173770.58 4150.52 2005 8,943 2005 0.11 3 25.5 2.805 1-1-23
/ 3 R P Q R P=3.44 / Q=2.805 / P = Q ( 1 + R ) R 0.2264 10 2.264 0.25 10 2.5 2 1 25% 25% 2 2005 9 16 60 3.44 2.805 / 2620.02 39,547.4091 136,043.09 1-1-24
49,434.2625 138,663.11 9,886.8534 2620.02 1 2005 9 16 60 3.44 2 2005 0.11 25.5 2.805 3 1 1 18 6 5% 18 10% 2 12 12 5% 24 10% 3 5% 12 2 1-1-25
3 1 2 2004 1-1-26
1-1-27
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