易 見 2006 年 5 25 福 2 1 李 1 女 1 1 理 立 2 1 1 1 李 3 烈 3 3 3 1 行 2 行 3 立 行
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1 2 3 4 5 http://www.cninfo.com.cn 6 1 2 3 2
...4...6...7...9...11...16...19...21...22...24...26 3
COSCO Container COSCO Container Industries Limited A A A B B A A A A 10 7 A A 2006 5 23 A 4
5
183 49 00852-28098188 00852-29076088 1030 6 3 010-84588268 010-84588113 1 010-66596688 010-66593142 6
1 2 2006 4 28 A A 10 7 3 [2006]47 424,106,507 A 2,016,966,706 A 605,866,438 20 A 65.37 60 A 162.34% A 424,106,507 18 2006 4 20 7
1 038006 ZYP1 2 000039 3 4 5 6 A 7 424,106,507 8 2006 5 25 9 10 11 18 2006 5 25 2007 11 23 12 5 2007 11 19 2007 11 23 13 10 14 1 1 1 1 A 15 16 8
1 2 3 4 A 9
18 5 T 0 2006 4 20 10
COSCO Pacific Limited 1994 7 26 300,000,000 183 49 00852-28098188 00852-29076088 http://www.coscopac.com.hk 2005 28.55 1.79 2005 3.35 2005 2005 2000 50 11
2005 2005 30 Asian Legal Business (Shipping In-House Team of the Year ) 13 7 4 2 12
2000 9 2006 4 20 4,241,065,070.00 13
A COSCO Container 327,402,912 16.23% 2003 2004 2005 1 14
2 00852-28098188 00852-29076088 15
China International Marine Containers (Group) Co.,Ltd CIMC 1992 9 30 2 2 518067 0755-26691130 0755-26826579 http:// www.cimc.com/ A 000039 B B 200039 shareholders@cimc.com 1 2005 2004 2003 17,173,071,188.55 17,540,496,756.86 9,931,968,677.13 11,372,159,353.90 12,840,628,832.06 6,536,200,991.93 6,823,574,256.18 9,208,769,847.78 3,956,440,882.76 6,381,392,406.23 7,754,301,564.54 3,525,834,972.47 9,455,912,799.76 7,470,723,904.98 5,290,940,343.28 16
2 2005 2004 2003 30,959,310,599.33 26,567,783,802.13 13,800,223,269.40 5,060,121,715.36 4,511,354,979.29 1,884,414,911.84 2,669,140,758.72 2,389,023,556.10 682,688,009.42 3 2005 2004 2003 1.32 2.37 1.08 1.59 2.71 1.31 4.69 7.41 8.39 4.67 7.37 8.35 28.23% 31.98% 12.90% 31.50% 37.39% 20.42% 39.73% 52.50% 39.84% 27.52% 32.57% 12.70% 30.71% 38.31% 20.10% 2.64 1.44 1.29 327,402,912 16.23% COSCO Container 327,402,912 16.23% 1,689,563,794 83.77% A 605,866,438 30.04% B 1,083,697,356 53.73% 2,016,966,706 100.00% COSCO Container 100% 17
1 A 2005 4 22 2006 4 21 32.50 / 2005 4 22 7.06 / 2005 11 16 2005 4 10 10 2004 2 A / 2005 2006 5 6 7 8 9 10 11 12 1 2 3 4 11.01 9.46 9.93 10.13 9.89 8.28 7.80 8.87 9.48 9.36 9.16 12.24 2005 4 10 10 2004 3 A A 1 2005 4 22 2006 4 21 34.91 18
2006 4 20 A CNY4,241,065,070.00 18 5 19
Bank of China Limited 2004 8 26 1 1 010-66596688 010-66593142 2004 2004 4,270,443.00 4,037,705.00 205,351.00 20,932.00 5.12% 8.48% 68.02% 0.61% http://www.bank-of-china.com 20
1030 6 3 010-84588268 010-84588113 21
A Black-Scholes 1 X 10 2 T 18 3 R 2.25% 4 46% A Black-Scholes A / 9.5 10.0 10.5 11.0 11.5 12.0 / 2.21 2.02 1.84 1.68 1.54 1.41 1 A A A 2 Black-Scholes 3 1 A = A / A = A / A 2 A 22
= A / A 1 100, 0.001 100, 2 038006 3 ZYP1 4 2006 5 25 5 a + A A 125% b ( A A ) 125% 6 7 5 23
1 2 3 2003 2004 2005 4 [2006]47 24
25
1 2005 2004 2003 295,648 275,296 257,495 (115,551) (112,639) (112,417) 180,097 162,657 145,078 43,572 49,307 33,579 (31,424) (30,790) (27,010) 12,726 12,698 - (25,392) (33,245) (25,511) 61,875 - - 241,454 160,627 126,136 (36,362) (27,206) (17,149) 205,092 133,421 108,987-72,969 66,366 6,711-82,320 27,324 64,915 360,381 227,111 180,613 (22,426) (18,021) (24,424) 337,955 209,090 156,189 334,937 206,646 154,331 3,018 2,444 1,858 337,955 209,090 156,189 190,333 117,662 87,568 2005 2004 2003 1,421,903 1,240,394 1,105,971 403,486 357,583 83,282 483,514 395,012 274,610 246 248 196 275,595 - - - 69,500 63,249 26
3,747 4,654 4,994 21,978 11,297 12,056 2,610,469 2,078,688 1,544,358 2,486 1,637 2,600 84,133 73,466 81,529 725 - - 157,337 89,281 271,779 244,681 164,384 355,908 53,628 51,414 56,043 820 834 834 84,558 35,520 32,848 2,478 2,658-141,484 90,426 89,725 103,197 73,958 266,183 2,713,666 2,152,646 1,810,541 72,699 51,873 35,221 2,007 - - 748,617 615,145 445,512 823,323 667,018 480,733 1,890,343 1,485,628 1,329,808 28,200 28,003 27,553 1,772,959 1,379,073 1,244,029 78,789 69,111 49,582 1,879,948 1,476,187 1,321,164 10,395 9,441 8,644 1,890,343 1,485,628 1,329,808 2005 280,208 27
5,844 2,623 (1,612) 287,063 48,942 32,248 22,225 (30,900) - (19,516) (350,785) (38,709) 19,495 78,902 33,694 1,558-1,439 747 - / (10,681) (211,341) 321,119-21,843 (20) (128,385) (180,651) (2,212) (36,238) (2,273) / (6,817) (849) / 68,056 1 1 89,281 12 31 157,337 2004 2005 2003 28
2 327,402,912 16.23% 2006 5 19 29