管理层对财务状况和经营成果的讨论与分析

407.81 470.60 62.79
百度文库
106.59 110.00 146.69 58.90
10.96 27.22 52,158 (47,060) 5,890 46,884 (40,781) (14,669)
10,988
(8,566)
33
961.96 32,592 711.62 658.48 53.14 110.00 20.9% 31.5% 350.00
1,831 20,429 35,761 58,021 19,888 3,770 6,444 7,885 96,008
1.5% 17.3% 30.2% 49.0% 16.8% 3.2% 5.4% 6.7% 81.1%
20,123 3,694 5,921 8,554 93,298
(2)
4,914 2,431 7,345 4,214 4,707 109,564
103,592
53,235
5,586
5,707
1,173
37,891
35
(1) (2) (3) VoIP
4.5% 2.2% 6.7% 3.8% 4.3% 100.0%
8,160 2,540 10,700 3,915 7,828 118,451
6.9% 2.1% 9.0% 3.3% 6.6% 100.0%
(3)
27
3,469 580.21 550.06 49.0% 7.2% 2,942 5.5% 26.6%
100.0% 72.6% 27.4% 20.8%
30.15 32.46 31.21
1,184.51 1,095.64 8.1% 88.87 0.7%
26
(1)
1,575 18,998 34,433 55,006
(2)
1.4% 17.4% 31.4% 50.2% 18.4% 3.4% 5.4% 7.8% 85.2%
31
133.15 152.51 14.5% 19.3% 33% 59.33
15%
28.96 28.73 0.8% 0.23 20.8% 246.86
18.14 21.44 15.4% 428.19 450.14 4.9%
32
468.84 521.58 52.74
64.61 57.95
85.66 109.88
101.19
350.00
232.68 210.99 403.36 400.97
40,336 5,674
40,097 6,434
94.4%
3.0%
2.1%
0.5%
17,594 63,604
49,665 96,196
34
40,097 56,099 1,192 6,204
40,097 6,434 500 6,204 5,386 200 5,590 117 1,060 113 37,629 262
27.8% 19.2% 10.3% 12.9% 2.4%
24,139 10,235 13,315 2,873
83,567
(1)
76.3%
86,003
72.6%
99.46 329.21 0.3% 30.1% 27.8% 121.76 102.35 227.59 241.39 5.7% 19.0% 21.8%
1.18 9,679 2,130 22.0%
236.58 20.0% 238.17 VoIP 0.7%
18.31 15.75 16.3%
2.4%
204.29 189.98 7.5% 14.31 198.88 201.23 1.2% 538 357.61 344.33 3.9% 13.28 VoIP 15.0%
28
25.40 24.31 37.70 36.94 2.1% 4.5%
16.2 8.4%
39.15 42.14 107.00 73.45 9.0% 45.7% 7.1%
81.60 49.14 66.1% 32.46
64.44 59.21 8.8%
4.5%
6.9%
563 376
29
35.96 16.3%
1,184.51 860.03 2.9%
8.1%
246.86 0.33
EBITDA(1) 55.2%
(1) EBITDA
653.69
EBITDA
EBITDA EBITDA
EBITDA
25
109,564 83,567 25,997 9,773
100.0% 76.3% 23.7% 8.9%
118,451 86,003 32,448 24,686
78.28 47.07 66.3%
78.85 85.54 7.8%
6,815
5,475
4,048
2,738
1,690
955
414
83
860.03 2.9%
30
33,005
(1) (1)
30.1% 22.0% 9.4% 12.2% 2.6%
32,921 22,759 12,176 15,251 2,896