DTY FDY POY FDY 475,000 DTY ,000

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Transcription:

2299.HK 2011 2012 2

This document has been compiled by Billion Industrial Holdings Limited. All persons are prohibited to copy or forward this document onward. In other jurisdictions, the distribution of this document may be subject to local laws and restrictions; the person who possesses this document must understand and comply with such legal restrictions. The information contained in this document has not been independently verified. No representation or warranty, expressed or implied is made as to the fairness, accuracy, completeness or correctness of the information and opinions contained in this document. This document is not aimed to be a complete or comprehensive analysis of the financial or trading positions or prospects, any person who possesses this document should note that the contents should not be unduly relied upon. Information and opinions contained in this document are subject to change without notice. Nothing in this document should be considered a solicitation, offer or invitation to buy, subscribe for or sell the Company's securities. None of Billion Industrial, its directors, employees or agents or any other persons accepts any liability for any loss whatsoever arising from any use of this document or its contents, or otherwise arising in connection therewith regardless if they are negligent or otherwise. This document is based on public information and compiled information previously disclosed by the Company. This document may contain forward-looking statements involving risks and uncertainties. Forward-looking statements are related to expectations, estimates, plans, projections, objectives, opportunities, or other possibly forward-looking terminology that express the Company's expectations or results of possible future actions or related actions results. Forward-looking statements are based on the Company's own data and other sources believed to be reliable, but should not be unduly relied upon or over trusted. The Company's actual results may differ from those described in forwardlooking statements, so that the Company's stock price fluctuates. Warning: The contents of this document have not been reviewed by the regulatory authorities in Hong Kong. You should exercise caution in respect to the offer. If you have any doubts of the contents of this document, you should seek independent professional advice.

1. 2003 2. 2011518 29 2299 201195 1116 37.5% MSCI 3. DTY 20111231FDYPOY FDY 475,000DTY POY 350,000 4. 20119 5 2012 36,500 3.5 19.37 15.87 2014 255,000

2011 2010 6,053,645 4,309,731 +40.5% 1,324,088 630,948 +109.9% 1,116,584 569,679 +96.0% 903,507 445,959 +102.6% 21.9% 14.6% +7.3 18.4% 13.2% +5.2 14.9% 10.3% +4.6 0.43 0.26 +65.4% 11.99 12.20 24.19 50%

% % % 2011 2010 2009 DTY 4,091 67.6% 2,871 66.6% 2,207 74.5% FDY 1,370 22.6% 940 21.8% 359 12.1% POY 91 1.5% 123 2.9% 211 7.1% * 501 8.3% 376 8.7% 186 6.3% * PET

% * PET 2011 2010 % 2009 DTY 248 62.7% 239 63.0% 236 70.6% FDY 92 23.2% 81 21.2% 43 12.8% POY 7 1.8% 12 3.2% 27 8.2% * 48 12.3% 48 12.6% 28 8.4% 395 100% 379 100% 334 100% 2011 %

2011 % % % 2011 2010 2009 DTY 963 72.7% 403 63.7% 171 68.6% FDY 307 23.2% 186 29.5% 47 18.9% POY 13 1.0% 20 3.2% 22 8.8% * 42 3.1% 23 3.6% 9 3.7% * PET 2010 2009 DTY 23.5% 14% 7.8% FDY 22.4% 19.7% 13.2%

% % % 2011 2010 2009 4,538 75.0% 3,277 76.0% 2,301 77.7% 849 14.0% 570 13.2% 322 10.9% 77 1.3% 47 1.1% 27 0.8% 590 9.7% 417 9.7% 313 10.6% 6,054 100% 4,310 100% 2,963 100% 2011 2011: 849 2010: 570 2011: 590 2010: 417 2011: 4,538 2010: 3,277 2011: 77 2010: 47

DTY DTYFDYPOY 201312 FDYPOY 785,000, 493,000 DTY 2,100 2011 BOPET 20125

7Ÿ 7Ÿ 666 6 9999 78 6 78 666?>?>?>?> ' ' 44= = 44= = = = = = 4444< < < < :; :; 7C 6 7C 666 BBBB @A @A HHHH DDDD GGGG FE FE FE FE DDDD 6666 LLLL = = = KJ KJ KJ KJ 4444 +, +, I$ I$ 7777 6666 NNNN M4M4 Q7 Q7 Q7 Q7 6666 M4 M4 LLLL PPPP O7 O7 O7 O7 PPPP OORROORR &% &% &% &% #$ #$ """"!!!! PPPP OU OU OU OU TS TS TS TS ' ' +, +, **** ' ' 12 12 555 0000... /// -... ---- 43343434 5PET e XY WV PPP - PPPP :: :: : : cb r` qp no lm Y qv Z u st ˆ n gh Ž Œ 1111 0000... /// -... ---- 43 43 43 43 2222 VY ž œ~ m 5555 DTY POY PTA POY POY DTY FDY = MEG POY MEG PTA FDY FDY / --- PET d ^ a` _ ^] \ Z[ 2 2 P --- BOPET jk i gh f w~ } yz { q wx Z Š q ƒ Z f BOPET r` p m / --- +,+, BOPET y ] \ [ mz q ˆ gh f š [ ^

: 1,200D 24f576f 30D 0.28dpf6.25dpf DTY DTY 70% DTY FDY 600D 18f192f 0.5dpf6.25dpf 30D FDY FDY POY DTY 24f288f 1000D 50D 0.34dpf6.25dpf POY PET PET FDYPOY PET

ª ª ª ª ÞÝ ÞÝ ÞÝ ÞÝ ÜÙ ÜÙ ÜÙ ÜÙ ØØØØ ÉÊ ÉÊ ÇÈ ÇÈ ÆÛ ÆÛ ÆÛ ÆÛ ÚÙ ÚÙ ÚÙ ÚÙ Ø Ø ÕÖ ÕÖ ÔÔÔÔ ÓÒ ÓÒ ÓÒ ÓÒ ÑÐ ÑÐ ÑÐ ÑÐ ÍÌ ÍÌ ÍÌ Î ËËËË ÉÊ ÉÊ ÇÈ ÇÈ ÅÆ ÅÆ ÃÄ ÃÄ ÂÁÁÂÁÂÁ ¾¾¾ ½¼ ½¼ ½¼ ½¼ º» º» ¹ ¹ ¹ ¹ µ µ µ ³ ³ ³ ³ ²± ²± ²± ²± MEG ÌÍÏÎÎÎ ¾À µ ª«ª«PTA FDY POY DTY

BOPET

ê ê çççç æå æå æå æå äã äã äã äã ê ê çççç æé æé æé æé èã èã èã èã ú ù ø öõ ù ø ûü 3333 21 21 21 21 /0 /0... 3333 21 21 21 21 /0 /0... ñññ ô ðððð óóóó òòòò ú ù ø ûü ú ù ø öõ ÿ þý ù ø ûü ññññ ðððð ïî ïî ïî ïî ú ù ø ûü ÿ þý ïïïï ú ù ø ø ø! ' %& #$ " *ü ' %& #$ -, õ+ ' %& #$ 3333 21 21 21 21 /0 /0... 3333 21 21 21 21 /0 /0... FDYPOY í ì ë í ì ë í ì ë 532,500 500,000 í ì ë 410,000 275,400 â àá ß â àá ß à ß à ß : 2 : 12 : 8 FDY POY DTY ñïôôô : 2 : 10 :18 : 209 DTY : 110 2012 FDY POY DTY 2014 : 5 : 18.25 : 7.25 2014 2011 52.37-33 -19.37

5 2012-2013 500 25 18 2011 2012 67.1% 69%

54 54 54 54 ôôôô 67 67 8888 9999 MEG PTA 619 ISO14001 ISO9001 OHSAS18001 OEKO-TEX 100 10 2000

\\\\ [Z [Z [Z [Z YX YX YX YX ab _` ] ] TTTT J WV U I \\\\ [Z [Z [Z [Z YX YX YX YX ^ ] EF CD BA @ SR N NO ML K J I 2005 2015 2005 2009 2010 2015 12.6% 12.7% 27.3% 29.6% 2005 2015 1 2005 2009 2010 2015 16.5% 19.8% 22.0% 24.9% 20.1% 24.3% <=?> ;: G?H M PQ

gf e cd ef cd on m ih 2/3 CAGR =26.24% CAGR =25.17% pq jk?l

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