ABOUT LENOVO
Lenovo (HKSE: 0992) (PINK SHEETS: LNVGY) is a US$39 billion personal technology company, the largest PC company in the world, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smartphones. As a global Fortune 500 company, Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; Sao Paulo, Brazil, and Raleigh, North Carolina. For more information see www.lenovo.com.
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LENOVO GROUP FINANCIAL SUMMARY For the fiscal quarter and full year ended March 31, 2014 (in US$ millions, except per share data) |
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Q4 13/14 |
Q4 12/13 |
Y/Y CHG |
FY13/14 |
Y/Y CHG |
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| Revenue | 9,357 | 7,832 | 19% | 38,707 | 14% | ||
| Gross profit | 1,244 | 1,052 | 18% | 5,064 | 14% | ||
| Gross profit margin | 13.3% | 13.4% | -0.1pts | 13.1% | NIL | ||
| Operating expenses | (1,013) | (883) | 15% | (4,012) | 11% | ||
| Expenses-to-revenue ratio | 10.8% | 11.3% | -0.5pts | 10.4% | -0.3pts | ||
| Operating profit | 231 | 169 | 37% | 1,052 | 32% | ||
| Other non-operating expenses | (19) | (3) | 503% | (38) | NA | ||
| Pre-tax income | 212 | 166 | 28% | 1,014 | 27% | ||
| Taxation | (44) | (42) | 7% | (197) | 16% | ||
| Profit for the period | 168 | 124 | 35% | 817 | 29% | ||
| Non-controlling interests | (10) | 3 | NA | - | NA | ||
| Profit attributable to equity holders | 158 | 127 | 25% | 817 | 29% | ||
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EPS (US cents)
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1.53 1.51 |
1.22 1.20 |
0.31 0.31 |
7.88 7.78 |
1.72 1.71 |
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| Dividend per share (HK cents) | 24 | 5.5 | |||||
