|
Market forcast table |
|||||||
|
Item |
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
|
|
1 |
Registrate Number |
3200000 |
4200000 |
5200000 |
6200000 |
7200000 |
|
|
2 |
Pure incease Number |
3200000 |
1000000 |
1000000 |
1000000 |
1000000 |
|
|
Income forcast table |
|||||||
|
Item |
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
Total |
|
1 |
Number of Users |
3200000 |
1000000 |
1000000 |
1000000 |
1000000 |
7200000 |
|
2 |
Income of domain-Name Registrating |
19200000 |
6000000 |
6000000 |
6000000 |
6000000 |
43200000 |
|
3 |
Income of domain-Name Maintaining |
19200000 |
25200000 |
31200000 |
37200000 |
93600000 |
|
|
Total |
19200000 |
25200000 |
31200000 |
37200000 |
43200000 |
136800000 |
|
|
Total operation expenses forcast table |
|||||||
|
Item |
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
|
|
Operating expenses |
6970000 |
7270000 |
7600000 |
7963000 |
8362300 |
||
|
1 |
Sub total Cost |
8670000 |
8970000 |
9300000 |
9663000 |
10062300 |
|
|
1.1 |
Laborage Payout |
3000000 |
3300000 |
3630000 |
3993000 |
4392300 |
|
|
1.2 |
Insurance premium |
20000 |
20000 |
20000 |
20000 |
20000 |
|
|
1.3 |
Maintance costs for Software & Equipment |
1700000 |
1700000 |
1700000 |
1700000 |
1700000 |
|
|
1.4 |
Capital Assets depreciation |
1700000 |
1700000 |
1700000 |
1700000 |
1700000 |
|
|
1.5 |
Internet connect fees |
2000000 |
2000000 |
2000000 |
2000000 |
2000000 |
|
|
1.6 |
Pay for ICANN |
250000 |
250000 |
250000 |
250000 |
250000 |
|
|
2 |
Administration expenses |
1807229 |
1897590 |
1992470 |
2092093 |
2196698 |
|
|
3 |
Distribution expenses |
2880000 |
3780000 |
4680000 |
5580000 |
6480000 |
|
|
4 |
Other operating expenses |
384000 |
504000 |
624000 |
744000 |
864000 |
|
|
Total |
13741229 |
15151590 |
16596470 |
18079093 |
19602998 |
||
|
Cash inflow & outflow value table |
|||||||
|
Item |
Year |
2001 |
2002 |
2003 |
2004 |
2005 |
合计 |
|
1 |
Cash Inflow |
||||||
|
1.1 |
Registration Income |
19200000 |
6000000 |
6000000 |
6000000 |
6000000 |
43200000 |
|
1.2 |
Registration maintainace income |
19200000 |
25200000 |
31200000 |
37200000 |
93600000 |
|
|
Sub total of cash inflow |
19200000 |
25200000 |
31200000 |
37200000 |
43200000 |
156000000 |
|
|
2 |
Cash outflow |
||||||
|
2.1 |
Capital Assets expenses |
8500000 |
8500000 |
||||
|
2.2 |
Operating Expenses |
6970000 |
7270000 |
7600000 |
7963000 |
8362300 |
38165300 |
|
2.3 |
Distribution expenses |
2880000 |
3780000 |
4680000 |
5580000 |
6480000 |
23400000 |
|
2.4 |
Administration expenses |
1807229 |
1897590 |
1992470 |
2092093 |
2196698 |
9986081 |
|
2.5 |
Tax |
633600 |
831600 |
1029600 |
1227600 |
1425600 |
5148000 |
|
2.6 |
Other expenses |
384000 |
504000 |
624000 |
744000 |
864000 |
3120000 |
|
2.7 |
Income tax |
0 |
1458121 |
2129690 |
2795596 |
3455310 |
9838717 |
|
Sub total of cash outflow |
21174829 |
15741312 |
18055759 |
20402289 |
22783908 |
98158098 |
|
|
3 |
Net cash inflow |
-1974829 |
9458688 |
13144241 |
16797711 |
20416092 |
|
|
4 |
Total of net cash inflows |
-1974829 |
7483859 |
20628100 |
37425811 |
57841902 |
|
|
5 |
Net cash income （Rate=10%） |
-1777346 |
7661537 |
9582151 |
11020978 |
12055498 |
|
|
6 |
Total of net cash income |
-1777346 |
5884191 |
15466343 |
26487321 |
38542819 |
|
|
Time of Static investment (Year) |
0.56936414 |
1.43 |
|||||
|
Time of dynamic investment (year) |
0.61407832 |
1.39 |
|||||
|
increase and decrease table |
|||||||
|
Item |
2001 |
2002 |
2003 |
2004 |
2005 |
合计 |
|
|
1 |
Sales income |
19200000 |
25200000 |
31200000 |
37200000 |
43200000 |
156000000 |
|
2 |
Total costs |
8670000 |
8970000 |
9300000 |
9663000 |
10062300 |
46665300 |
|
2.1 |
Operating costs |
6970000 |
7270000 |
7600000 |
7963000 |
8362300 |
38165300 |
|
2.2 |
Capital Assets depreciation |
1700000 |
1700000 |
1700000 |
1700000 |
1700000 |
8500000 |
|
3 |
Administration expenses |
1807229 |
1897590 |
1992470 |
2092093 |
2196698 |
9986081 |
|
4 |
Distribution expenses |
2880000 |
3780000 |
4680000 |
5580000 |
6480000 |
23400000 |
|
5 |
Sales tax |
633600 |
831600 |
1029600 |
1227600 |
1425600 |
5148000 |
|
6 |
Total profit |
5209171 |
9720810 |
14197930 |
18637307 |
23035402 |
70800619 |
|
6.1 |
Rate of sale profit |
27.13 |
38.57 |
45.51 |
50.10 |
53.32 |
|
|
7 |
Income tax (rate=15%) |
0 |
1458121 |
2129690 |
2795596 |
3455310 |
9838717 |
|
8 |
profit after tax |
5209171 |
8262688 |
12068241 |
15841711 |
19580092 |
60961902 |
|
9 |
Unallocated profit |
5209171 |
8262688 |
12068241 |
15841711 |
19580092 |
60961902 |
|
Finance inside rate risk FIRR |
|||||||
|
6.025408476 |
6.143 |
||||||
|
Interest profit rate: |
0.609619022 |
||||||
|
Interest tax rate: |
0.708006194 |
||||||
|
Finance evaluation target result sheet |
|||||||
|
Static target |
dynamic target |
||||||
|
Target name |
Value |
Target name |
Value |
||||
|
Time of Static investment (year) |
1.43 |
Time of dynamic investment (year) |
1.39 |
||||
|
Interest profit rate: |
Finance inside rate risk FIRR |
||||||
|
Interest tax rate: |
Finance net profit value FNPV |
||||||