16 Nov 2012
China Communications Services Corporation Limited has recently been ranked no. 5 in the "Top 10 Best Overall Performance (Mid-cap Enterprise)", the sub-ranking under the "Top 100 Hong Kong Listed Companies".
This year's "Top 100 Hong Kong Listed Companies" was jointly hosted by Tencent (QQ.com), the largest Chinese Internet portal in China, and Finet, an authoritative financial media in Hong Kong, co-organized by Hong Kong Economic Journal, and also gained support from the Chamber of Hong Kong Listed Companies and other institutions. The ranking aims to compliment the supreme excellence that the Top 100 Hong Kong Listed Companies have made, which in turn provides an important reference tool to assist investors in identifying the value of Hong Kong stocks.
Any company listed on the main board of the Hong Kong Stock Exchange with at least one annual report on or before 30 June, 2012 will automatically be reviewed for the ranking of "Top 100 Hong Kong Listed Companies". All companies have been evaluated by five criteria: market capitalization, net profit, return on equity, revenue and dividend yield. Calculations are based on the closing stock prices on 30 June, 2012 and data from these companies' latest annual reports dated on or before 30 June, 2012. The final list and rankings are therefore determined with weighted composite scores of the above-mentioned five criteria. Other than the ranking for the "Top 100 Hong Kong Listed Companies", there are also 13 sub-rankings to praise companies with outstanding performance in specific area, including the "Top 10 Best Overall Performance (Mid-cap Enterprise)" targeting for medium size enterprise with market capitalization less than HK$10 billion and net profit exceeded HK$500 million.