Ali income A few places worthwhile of study

seating listed Chinese Internet major reshuffle among a daytime. As immediately (by 17:00 on March 18th, 2008), in agreement with the closing price of China's Internet mart capitalization of listed companies, ALIBABA from the boss into a third. Alibaba below the publish price today, closing 12.20HKD, only while the 3 percent highest 41HKD than the issue price of 13.50 also buffet a 78 damage.

many correspondents, colleagues, friends inquire me what I ALIBABA earnings outlook. Tell me I focus on here. On the highlights, now spread everywhere, and not reiterate them. Many highlights. If we have to ascertain out what the disturbing data, then I see the following about:

Alibaba prospectus shows below their 2004 to 2006 compound anniversary growth rate in revenue of 94 years %. However, this fiscal report on the first page shows the daily revenue growth in 2007,Lacoste Trainers, more meaningful decline of 59%.

2006, the Ali Baba's 55% growth in paid subscribers, according to earnings in 2007, the growth rate of subscribers dripped to 39% of large underground. More remarkable is that, in 2006, paid the user / enterprise marts ratio is 10.6% in 2007,Lacoste Radiate Croc Trainers, this ratio is not only not improved, but decreased to 10.3%.

9.67 亿 profit which has 406 million is interest, so the affair brought only 561 million net profit. Under servant accounting rules, interest income offset the cost of issue before, has a additional of words comprised in chief extra, the Hong Kong side of the accounting rules seems a morsel mean, the profit can be counted directly. In addition, notwithstanding the revenue chapter of the net profit margin in 2006 increased slightly fewer than 20%, and only 26% of companies in the network, this number is relatively small. And compare the profit number, 7.4 million sale expenses,Lacoste Tennis Trainers, 2.3 million executive costs 1:05 million equity incentive costing to look a bit garish. At the same time, production development costs are only 1.3 million, somewhat lower than the imagination.

there a digit I did not know. Page 9 of earnings, the employee spend is 7.5680 million. Page 19,Lacoste Zepher MR2 Trainers, the number of employees is 5292 human. In adding apt press above namely,Lacoste R75 P2 Trainers, the per capita cost of employees is really 14 million / annual. For a majority of company employees are bargains staff,New Lacoste Trainers High Top, feel that a massive number of mini points.

eventually back to the stock price. Even whether the amuse is reckoned per share after-tax profits of only 0.2041HKD. 12.20HKD today's closing amount measurement, price-earnings ratio is about 60 periods. In Hong Kong, this number should be not smaller.

dwindle costs and cultivate the ratio of disbursing clients, distending sources of earnings, should be the biggest challenge this year, Ali people.

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Mr. Martin brings teeth for a bright
Jones Christopher Jones,prada leather handbags, Dr Lau for the implementation of this complex surgery

Global China Daily online news: people are aware of The saying goes, but few people know this when the eyes of the machine precision injured soft, and sometimes need to use the body of the hardest organs - teeth - to be replaced. Some due to chemical burns, corneal graft failure and so many bright people who can not see that the
According to the British have removed. Recently, the United Kingdom Sus###### Eye Hospital in Brighton Christopher - Jones, Dr Lau for the implementation of the right eye magic succeeded in getting him back to see the world.
According to reports, Jones received about this operation is divided into two phases. First, remove one from the patient's mouth near the canine tooth and periodontal bone, ligaments and other tissues,burberry leather handbags, teeth polished drill a hole in the above post, insert the artificial lens into the hole, this complex is then the natural growth of the cheek implant months; removed from the patient's cheek a piece of skin tissue within transplanted to the eye, allowed to grow for 2 months. Finally, out complex dental tissue transplanted to the eye.
reason to use the patient's own teeth instead of plastic products, in order to avoid rejection.
after 12 years,miu miu handbag, Jones again saw the light, more importantly,gucci bags, the first time he saw his wife hosting the Games. Jones married 4 years ago with his wife Jill, and he was already living in the dark for 8 years. He said: re has changed my life vision. This is how valuable a gift, you do not really appreciate it until they were deprived of their precious only to understand. teeth in exchange for a light,burberry handbags, thought he was making up stories.
this revolutionary surgery was first 60s of last century by the Italian doctor first,tory burch bags, but so far the number of cases in the UK not more than 50 cases. British According to reports, the eye no light perception, no suitable patients do not live teeth suitable for this operation. (Chen flute)