2009年深市主板公司年报总体业绩分析

An analysis of overall 2009 annual report performance for main board companies in Shenzhen

2009年深市主板上市公司总体业绩大幅上升,盈利规模普遍扩大,盈利质量有所改善。全年营业收入稳定增长以及"三费"的大幅下降保证了利润率的显著提高。2009年度,各项资产价值回升使得减值准备计提大幅减少,公允价值变动产生收益,主板公司总体盈利能力同比大幅提升。此外,主板公司2009年度业绩还体现出总体盈利能力集中度增加,行业分化趋势明显,部分行业仍然处境艰难等特点。2010年经济形势的不确性对主板上市公司的经营和盈利能力持续增长形成挑战。

In 2009, the overall performance of listed companies in the main board in Shenzhen has increased sharply, with enlarged profit scale and improved profit quality. The stable increase of operating revenue and the sharp decrease of Sanfei （three kinds fee）guaranteed the remarkable improvement of profit margin. The overall rebound of asset value in 2009 significantly lowered the impairment provision, and boosted fair value change income and profitability of main board listed companies on a year-to-year basis. The performance of main board companies in 2009 indicates that the overall profitability’s concentration has strengthened, divergent trend among industries is obvious, and some industries are still in hard condition. The uncertainty of economy in 2010 will challenge main board companies for sustainable growth in operation and profitability.