0322 3 31 3 2014 2013 2,781,769 2,648,221 5.04% (%) 30.38% 29.27% 1.11 845,100 775,122 9.03% (EBITDA) 364,186 294,986 23.46% 172,870 117,101 47.62% 128,359 104,876 22.39% 2.29 1.88 0.41 2.29 1.87 0.42 2014 3 31 1,880,264-0.08 2014 3 31 3 2013 2014 1
2014 3 31 3 2014 2013 1 3 1 3 2 2,781,769 2,648,221 (1,936,669) (1,873,099) 845,100 775,122 32,909 25,298 (513,902) (503,745) (82,100) (86,177) (27,674) (15,087) 5 (10,861) (10,243) 1,543 1,576 5 245,015 186,744 6 (72,145) (69,643) 172,870 117,101 128,359 104,876 44,511 12,225 172,870 117,101 7 2.29 1.88 2.29 1.87 2
2014 3 31 3 2014 2013 1 3 1 3 172,870 117,101 (116,808) 11,276 7,222 (116,808) 18,498 56,062 135,599 42,251 120,092 13,811 15,507 56,062 135,599 3
2014 3 31 2014 2013 3 31 12 31 5,364,738 5,485,100 317,773 318,961 27,869 28,058 29,956 29,050 75,730 80,276 29,450 24,683 52,860 48,105 5,898,376 6,014,233 718 4,952 480,590 480,862 9 300,395 260,427 435,893 413,957 12,143 15,491 1,868,121 1,234,399 3,097,860 2,410,088 8,996,236 8,424,321 4
2014 2013 3 31 12 31 27,983 27,982 53,591 53,431 2,843,057 2,798,879 2,924,631 2,880,292 1,059,906 1,046,095 3,984,537 3,926,387 668,076 659,643 208 262 29,280 28,186 196,388 184,389 893,952 872,480 10 1,314,242 1,251,710 1,176,332 1,192,428 969,140 1,016,636 587,465 108,354 70,568 56,326 4,117,747 3,625,454 5,011,699 4,497,934 8,996,236 8,424,321 (1,019,887) (1,215,366) 4,878,489 4,798,867 5
2014 3 31 3 2013 1 1 27,964 66,656 2,449,530 2,544,150 945,035 3,489,185 104,876 104,876 12,225 117,101 7,994 7,994 3,282 11,276 7,222 7,222 7,222 15,216 15,216 3,282 18,498 120,092 120,092 15,507 135,599 3,264 3,264 3,264 5 1,552 (380) 1,177 1,177 5 1,552 2,884 4,441 4,441 2013 3 31 27,969 68,208 2,572,506 2,668,683 960,542 3,629,225 6
2014 3 31 3 2014 1 1 27,982 53,431 2,798,879 2,880,292 1,046,095 3,926,387 128,359 128,359 44,511 172,870 (86,108) (86,108) (30,700) (116,808) (86,108) (86,108) (30,700) (116,808) 42,251 42,251 13,811 56,062 1,969 1,969 1,969 1 160 (42) 119 119 1 160 1,927 2,088 2,088 2014 3 31 27,983 53,591 2,843,057 2,924,631 1,059,906 3,984,537 7
2014 3 31 3 2014 2013 1 3 1 3 839,955 1,008,986 (188,048) (277,207) (21,533) (136,210) 630,374 595,569 1 1 1,249,890 837,898 3 31 1,880,264 1,433,467 1,868,121 1,424,007 12,143 9,460 1,880,264 1,433,467 8
1. 34 2013 12 31 2014 1 1 2013 12 31 27 2011 10 12 32 36 39 21 2014 1 1 2014 1 1 2014 1 1 2014 1 1 2014 1 1 2. 9
3. 2014 3 31 3 1,149,795 1,554,294 53,163 24,517 2,781,769 14 67 36 20,700 (20,817) 1,149,809 1,554,361 53,199 45,217 (20,817) 2,781,769 138,637 115,115 (753) (7,777) (385) 244,837 4,739 (3,196) 1,543 (1,365) (1,365) 138,637 119,854 (3,949) (9,142) (385) 245,015 (35,575) (36,322) 169 (417) (72,145) 103,062 83,532 (3,780) (9,559) (385) 172,870 2013 3 31 3 1,104,805 1,462,422 57,369 23,625 2,648,221 17 51 12 24,015 (24,095) 1,104,822 1,462,473 57,381 47,640 (24,095) 2,648,221 139,861 46,001 1,311 (81) (1,924) 185,168 1,576 1,576 139,861 47,577 1,311 (81) (1,924) 186,744 (41,772) (26,098) (465) (1,308) (69,643) 98,089 21,479 846 (1,389) (1,924) 117,101 10
3. 2014 3 31 3,375,174 5,728,023 160,769 844,943 (1,248,527) 8,860,382 26,732 3,224 29,956 54,515 21,215 75,730 30,168 8,996,236 1,176,910 3,803,427 58,967 1,138,317 (1,195,202) 4,982,419 29,280 5,011,699 2013 12 31 3,420,533 5,075,114 182,198 839,614 (1,232,099) 8,285,360 25,628 3,422 29,050 57,883 22,393 80,276 29,635 8,424,321 1,290,983 3,179,545 77,143 1,106,220 (1,184,143) 4,469,748 28,186 4,497,934 4. 6 8 11
5. 2014 2013 1 3 1 3 10,861 10,243 123,617 105,211 2,025 1,903 6. 2014 2013 1 3 1 3 64,520 60,363 (2,233) 1,857 9,858 7,423 72,145 69,643 2014 2013 3 31 3 25% 2013 25% [2011]58 70% 2011 2020 15% 15% 2013 15% 10% 2008 1 1 2007 12 31 10% 2007 50% 50% 2007 12
7. (a) 2014 2013 1 3 1 3 128,359 104,876 5,596,406 5,593,311 2.29 1.88 (b) 2014 2013 1 3 1 3 128,359 104,876 5,596,406 5,593,311 18,055 18,739 5,614,461 5,612,050 2.29 1.87 8. 2014 3 31 3 2013 9. 30 90 2014 2013 3 31 12 31 0 90 289,708 248,538 90 10,687 11,889 300,395 260,427 13
10. 2014 2013 3 31 12 31 0 90 1,279,482 1,214,761 90 34,760 36,949 1,314,242 1,251,710 11. Victory Ascent International Limited Wealth City Investment Limited Wealth City 2,483,016,850 406,000,000 Wealth City Wealth City 140,358.31 818 2014 4 2 2014 4 17 2014 5 14 2015 3 12. 2014 5 19 2014 14
2014 GDP 7.4% 2013 7.7% (CPI) 2.3% 3.5% 2.0% 2014 5.04% 2,781,769 4.07% 6.28% 7.29% 1.11 30.38% 9.03% 0.55 18.47% EBITDA 23.46% 364,186 22.39% 128,359 0.65 4.61%, 2014 0.41 2.29 2014 4.07% 1,149,809 41.33% 1.1% 2.13 28.03% 3.26% 103,062 5.07% AC Nielsen 2014 47.7% 57.2% 2.8 0.7 O2O 4 27 TV 2014 3 2moro 15
2014 2014 2 3 AC Nielsen 2014 0.8% 8.3% 2014 53,199 7.29% 1.91% 1.65 36.52% 11.28% 2014 3,780 AC Nielsen 2014 1-3 22.4% 15.3% 16
3+2 5 3+2 PK 3+2 8 2014 6.6% 2014 1,554,361 6.28% 55.88% 26.30% 33.87% 3.66 32.08% 308.88% 39,387 AC Nielsen 2014 3 51.3% 21.4% 25.4% 20.3% Canadean 34.3% 50.5% young! 17
8! 2014 3 2014 2014 3 31 1,880,264 2013 12 31 630,374 8,996,236 5,011,699 2013 12 31 571,915 513,765 2013 12 31 2.32 55.71% 18
2014 3 31 1,637,216 2013 12 31 39,063 91% 9% 88% 12% 41% 59% 39% 61% 2.59% 2014 1-3 126,071 9,263 116,808 2014 2013 3 31 12 31 12.08 12.90 9.07 8.23 0.75 0.66 55.71% 53.39% -0.08 0.15 2014 3 31 79,010 2013 12 31 80,541 4 1.5 2014 2 5 11 2014 3 2014 Chnbrand C-BPI 19
5 14 Wealth City Investment Limited 2012 4 1 2014 3 31 A.2.1 A.4.1 A.2.1 A.2.1 1996 2013 1 1 20
A.4.1 A.4.1 3 10 21
2008 3 20 2008 3 20 11,760,000 2013 3 21 $9.28 2,000,000 2018 3 20 2009 4 22 26,688,000 2014 4 23 $9.38 2,816,000 2019 4 22 2010 4 1 15,044,000 2015 4 1 $18.57 2,200,000 2020 3 31 2011 4 12 17,702,000 2016 4 12 $19.96 2,264,000 2021 4 11 2012 4 26 9,700,000 2017 4 26 $20.54 1,368,000 2022 4 25 2013 5 27 11,492,000 2018 5 27 $20.16 1,390,000 2023 5 26 2014 4 17 12,718,500 2019 4 17 $22.38 1,486,000 2024 4 16 2014 3 31 100,000 HK$9.28 HK$22.15 2014 5 19 http://www.masterkong.com.cn http://www.irasia.com/listco/hk/tingyi * 22