2369中国無線の将来①
2369中国無線(China Wireless)は現在の主力株であると、記載している。
個人的に今後3年間でもっとも伸びる10倍銘柄に選定した。
その根拠について記載していこう。
まず、FY07の中間決算である。
(URL)
http://main.ednews.hk/listedco/listconews/sehk/20070827/LTN20070827107.pdf
(売上構成抜粋）
Smartphone business --- FY07 ------- FY06
CDMA-GSM --------- 586,668 78% 372,052 86%
GSM-GSM ----------- 93,633 12% — —
CDMA single-mode -- 69,597 9% ----- 56,892 13%
------------------------------------------------------
Subtotal ----------- 749,898 99% ---- 428,944 99%
中間決算レポートによると以下のとおりである。
＜Busines Activities(一部分のみ抜粋）＞
In June 2007, the Coolpad 8260 GSM-GSM dual-mode smartphone
was marketed to GSM Network distributors.
Being the first ever GSM-GSM dual-mode smartphone purchased by GSM Network
distributors in China, over 20,000 units of Coolpad
8260 was sold to GSM Network distributor in June 2007.
6月にGSM-GSM cool pad826はGSM Network disributors向けの中国国内初の製品。
1ヶ月で2万台以上をGS MNetwork disributorsへ販売した。
この商品だけで売上の12%を占めたのである。これが下期に爆裂すれば、
かなりの増収増益になると予測できる、
また、中間決算書による下期見通しは、以下のとおり
＜Outlook（抜粋）＞
The Group is optimistic about its prospect to welcome the second half of 2007.
In the second halfof 2007, the Group will further cooperate with telecom operators
and develop 2 to 3 new custommade GSM-GSM dual-mode smartphone models.
The Group believes that the revenue from the sale of GSM-GSM dual-mode smartphone
will have a significant positive impact on the Group’s
results of operation in the second half of 2007 and beyond.
（ここまでの超訳）
下期の業績はかなりいいと期待している。２，３のGSM-GSMのカスタマイズ端末を
開発予定でこれらが下期の業績にsignificant positive impact（著しく有望な効果）を与える。
China’s evolution into 3G is expected to be largely based on the TD-SCDMA
standard. Mobile operators in China are expected to commence commercial deployment
of TD-SCDMA in 2007.
The Chinese government has already initiated and subsidized several rounds of
testing of the TDSCDMA network. Currently, testing cities have expanded to 10 cities
and the 3G network is being built. Being one of most important TDSCDMA-GSM
dual-mode smartphone developers, the Group believes that it is possible to receive
orders of in the second half of 2007.
This will further broaden the Group’s source of revenue in 2008.
（ここまでの超訳）
中国政府は独自の３G規格の準備をしていて、07年度中には１０都市までテストを拡大予定。
主力のTDSCDMA-GSM製品の受注も2008年に向けfurther broaden（広く促進）される。
The Group will further improve its research and development platform and solutions.
Through the integrated and standards-based development platform, more and more third-party
software can be applied in the Coolpad smarphone. With the gradual improvement of the
research and development platform, more and more competitive Coolpad terminals and solutions
will be introduced to the market. As a strategy, the Group will continue to focus on high
end products to maintain its competitive advantage. The Group will recruit additional experienced and qualified engineers and cooperate with other famous enterprises
to enhance it research and development capability.
（ここまでの超訳）
Coolpad smarphoneはハイエンドに引き続き力をいれ、サードパーティ
製品取込やR&Dにさらに力を入れる。そのためにエンジニアの拡充をはかり、
他の有名な企業との協業も拡大していく。
Currently, the Group’s revenue is primarily derived from the sales of Coolpad
Smartphone. In order to broaden its source of revenue, the Group has invested
in a new businessventure. In July 2007, the Group cooperated with Shenzhen Devin
Technology Co., Ltd. and Shenzhen Securities Information Co., Ltd. to establish Shenzhen Tendbloom Information Technologies Co.,Ltd.(the “Joint Venture Company”).
The Joint Venture Company will develop software that allows
transmission of information of the stock market to handsets developed by the Group.
As the Joint Venture Company will charge the end users a data service charge when
the service is rolled out, the Group will be able to broaden its source of revenue
through its investment in the Joint Venture Company.
（ここまでの超訳）
現在、会社の売上は製品売上が主である。将来の売上のために2007年7月に
ジョイントベンチャーをつくる。このJVは株式市場のための情報提供関連？の開発を行う。
そしてJVはサービス提供し、エンドユーザーへ課金するサービスビジネスで、
そこから、将来の売上を上げる。
（JVのアナウンスURL)
http://main.ednews.hk/listedco/listconews/sehk/20070802/LTN20070802353.pdf
そして続く。。。
個人的に今後3年間でもっとも伸びる10倍銘柄に選定した。
その根拠について記載していこう。
まず、FY07の中間決算である。
(URL)
http://main.ednews.hk/listedco/listconews/sehk/20070827/LTN20070827107.pdf
(売上構成抜粋）
Smartphone business --- FY07 ------- FY06
CDMA-GSM --------- 586,668 78% 372,052 86%
GSM-GSM ----------- 93,633 12% — —
CDMA single-mode -- 69,597 9% ----- 56,892 13%
------------------------------------------------------
Subtotal ----------- 749,898 99% ---- 428,944 99%
中間決算レポートによると以下のとおりである。
＜Busines Activities(一部分のみ抜粋）＞
In June 2007, the Coolpad 8260 GSM-GSM dual-mode smartphone
was marketed to GSM Network distributors.
Being the first ever GSM-GSM dual-mode smartphone purchased by GSM Network
distributors in China, over 20,000 units of Coolpad
8260 was sold to GSM Network distributor in June 2007.
6月にGSM-GSM cool pad826はGSM Network disributors向けの中国国内初の製品。
1ヶ月で2万台以上をGS MNetwork disributorsへ販売した。
この商品だけで売上の12%を占めたのである。これが下期に爆裂すれば、
かなりの増収増益になると予測できる、
また、中間決算書による下期見通しは、以下のとおり
＜Outlook（抜粋）＞
The Group is optimistic about its prospect to welcome the second half of 2007.
In the second halfof 2007, the Group will further cooperate with telecom operators
and develop 2 to 3 new custommade GSM-GSM dual-mode smartphone models.
The Group believes that the revenue from the sale of GSM-GSM dual-mode smartphone
will have a significant positive impact on the Group’s
results of operation in the second half of 2007 and beyond.
（ここまでの超訳）
下期の業績はかなりいいと期待している。２，３のGSM-GSMのカスタマイズ端末を
開発予定でこれらが下期の業績にsignificant positive impact（著しく有望な効果）を与える。
China’s evolution into 3G is expected to be largely based on the TD-SCDMA
standard. Mobile operators in China are expected to commence commercial deployment
of TD-SCDMA in 2007.
The Chinese government has already initiated and subsidized several rounds of
testing of the TDSCDMA network. Currently, testing cities have expanded to 10 cities
and the 3G network is being built. Being one of most important TDSCDMA-GSM
dual-mode smartphone developers, the Group believes that it is possible to receive
orders of in the second half of 2007.
This will further broaden the Group’s source of revenue in 2008.
（ここまでの超訳）
中国政府は独自の３G規格の準備をしていて、07年度中には１０都市までテストを拡大予定。
主力のTDSCDMA-GSM製品の受注も2008年に向けfurther broaden（広く促進）される。
The Group will further improve its research and development platform and solutions.
Through the integrated and standards-based development platform, more and more third-party
software can be applied in the Coolpad smarphone. With the gradual improvement of the
research and development platform, more and more competitive Coolpad terminals and solutions
will be introduced to the market. As a strategy, the Group will continue to focus on high
end products to maintain its competitive advantage. The Group will recruit additional experienced and qualified engineers and cooperate with other famous enterprises
to enhance it research and development capability.
（ここまでの超訳）
Coolpad smarphoneはハイエンドに引き続き力をいれ、サードパーティ
製品取込やR&Dにさらに力を入れる。そのためにエンジニアの拡充をはかり、
他の有名な企業との協業も拡大していく。
Currently, the Group’s revenue is primarily derived from the sales of Coolpad
Smartphone. In order to broaden its source of revenue, the Group has invested
in a new businessventure. In July 2007, the Group cooperated with Shenzhen Devin
Technology Co., Ltd. and Shenzhen Securities Information Co., Ltd. to establish Shenzhen Tendbloom Information Technologies Co.,Ltd.(the “Joint Venture Company”).
The Joint Venture Company will develop software that allows
transmission of information of the stock market to handsets developed by the Group.
As the Joint Venture Company will charge the end users a data service charge when
the service is rolled out, the Group will be able to broaden its source of revenue
through its investment in the Joint Venture Company.
（ここまでの超訳）
現在、会社の売上は製品売上が主である。将来の売上のために2007年7月に
ジョイントベンチャーをつくる。このJVは株式市場のための情報提供関連？の開発を行う。
そしてJVはサービス提供し、エンドユーザーへ課金するサービスビジネスで、
そこから、将来の売上を上げる。
（JVのアナウンスURL)
http://main.ednews.hk/listedco/listconews/sehk/20070802/LTN20070802353.pdf
そして続く。。。
