11.1-11.7.02
A STUDYING FROM TOP THREE CHINESE PORTAL WEBSITE.
SINA is the leading online media and value-added
information service (VAS) prodider for China and for global Chinese
communities. With a branded network of 15 localized web sites targeting Greater
China and over seas Chinese, SINA operates three major business lines including
SINA.com (online media and entertainment service), SINA online (consumer
fee-based online and wireless VAS) and SINA.net (small and medium-sized
enterprises VAS), providing an array of services including online portals,
premium email, wireless short messaging, virtual ISP, search, classified
information, online games, e-commerce, e-learning and enterprice e-solutions.
SOHU is one of China’s most recognized and established internet brands and indispensable to the daily life of millions of Chinese who use the portal for email, alumni club, short messaging service, news, search, browsing and shopping. Apart from continuous product and services development, SOHU also concentrates its efforts on making the internet ubiquitously available, whether in the office, at home or one the road.
NETEASE is a leading China-based internet technology company that pioneered the development of applications, services and other technologies for the internet in China. The NETEASE website, operated by a company affliate,organize and provide access to 18 content channels through distribution arrangments with more than one hundred internatinal and domestic content providers. NETEASE offer a variety of products and services, including instant messaging, dating, love, alumni and personal home page. The site also offer online interactive community services, online multi-player games, shoet messaging and e-mail service, as well as auction and online mall technology services that provide oppportunities for e-commerce and traditional businesses to establish and online e-commerce presence.
2. The third quarter of 2002 net revenues.
SINA: 10.3 million US dollars. Grew by 71% year over year.
SOHU: 7.5 million US dollars. Grew by 111% year over year.
NETEASE: 9.0 million US dollars. Grew by 900% year over year.
3.
The third quarter advertising revenues.
SINA: 6.5 million US dollars. Grew by 26% year over year.
SOHU: 3.7 million US dollars. Grew by 52% year over year.
NETEASE:1.2 million US dollars. Grew by 133.3% year over year.
4.
The third quarter non-advertising revenues.
SINA: 3.9 million US dollars. Grew by 320% year over year.
SOHU: 3.8 million US dollars. Grew by 237% year over year.
NETEASE: 7.7 million US dollar. Grew by 1850% year over year.
5.
Rate of advertising and non-advertising.
SINA: 63% and 37%.
SOHU: 49% and 51%.
NETEASE: 14% and 86%.
6.
Gross profit in the third quarter.
SINA: 6.2 million US dollars. Gross margin is 61%.
SOHU: 4.1 million US dollars. Gross margin is 55%.
NETEASE: 6.1 million US dollars. Gross margin is 67.6%.
7.
US GAAP Net Profit.
SINA: -$ 559,000. narrowed 89% from same period of last year.
SOHU: +$ 112,000. $3.2 million improvement from same period last year.
NETEASE: -$ 1.1 million. Because here is a result of the one-time charge $ 4.35 million. If no that big charge case, NETEASE would have achieved an operating profit $ 3.3 million.
8.
About the case of NETEASE.
The one-time
charge for the Company during the quarter represented a non-recurring expense
of RMB36.0 million (US$4.35 million) which is the aggregate amount of damages
that the Company has agreed to pay the plaintiffs to settle all claims in the
class action litigation filed in the U.S. District Court for the Southern
District of New York. The litigation was initiated in October 2001 against the
Company, certain members of its current and former officers and directors, and
the underwriters of Company's initial public offering, and claimed that the
Company and the other defendants had violated various U.S. securities laws by
misstating its revenue in the year 2000. The monetary settlement is subject to
a number of conditions, including the plaintiffs' completion of confirmatory
discovery to confirm that this settlement amount is fair and reasonable and
approval of the settlement by the District Court. The Company cannot predict if
or when this settlement will become final.
9.
The
register users.
SINA: 53.3 million by the end of June 2002.
SOHU: over 50 million by the end of September.
NETEASE: 8.7 million by the end of September.
10.
For stockholder, per share:
SINA: -$ 0.01.
NETEASE: -$ 0.04.
11.ANALYSIS.
SINA: most icome form advertising. And 37% from non-advertising. And wireless short messaging service and SINA.net enterprise services helped to quadruple non advertising revenue. And about 65% percent non-advertising revenue from SMS. And even in the past two months, more than 200,000 paid members played the new service SMS dating service.
SOHU: 60% non advertising revenue from SMS service, SMS service became the big incoma part and fastest growing part of SOHU.
NETEASE: most from the company’s fee-based services, including principally wireless shoet messaging services and, to a lesser extent, other fee-based online premium services, such as premium email, friend finding and dating services. Online games also drove revenue growth due to the successful commercial launch of the two online games,” Priston tale” and “ westward journey online version 2.0” in august 2002.
Sales of news, games, jokes, logos and ringtones from mobile phones have been a fast grpwing business for SOHU, NETEASE and SINA.
A STUDY ABOUT ONLINE GAME.
1. About SOHU, Internet game is not its mainly channel.
They haven’t more games in their page, the game mainly for Mobile game.
About SINA. They have a game Channel, and many information inside, but about the internet game, they mainly just give the BBS, the introduction and patch tools. And also have also the Internet game website URL. In short just many information of internet game, but you can’t play in SINA.
About NETEASE, because their one mainly service is game, so they have two their own internet game, so you can play that two internet game in NETEASE, and you just need buy NETEASE Credit Prepaid card.
2. What kind of game available online.
There are mainly two kinds of games online. One is like Ourgame, those games are like poker, chess ect.. Another kind of game is RPG Internet game.
3. How to play the game.
First you should have the game disk, then install the game, then register in the game official website, then use your game prepaid card to play game online.
4. How many kind of card.
Every game has itself prepaid card. And mainly there are two kind of card. One is used by credit. Means you have a 500 points card, you can play 80 hours game, another is used by monthly. Like you have a 900 points card, so you can play anytime in 30 days limited.
5. How much the prepaid card.
WGS
620point card=30yuan=103 hours.
WGS 1060pointcard=50yuan=166 hours
NTES priston tale card: 150 point=15yuan=25 hours
1300point=120yuan=217hours
DRAGONRAJA card: 300 point=35yuan=50 hours
500 points=58yuan=87hours
Ourgame
one-year card 130yuan.
6. How to buy the prepaid card.
l pay on line, by your credit card or other bank card.
l
go to bank to pay.
l
Go to post office to
pay.
l
If you are in Beijing,
you can make a order by your landline, then they will send the card to your
home.
l
You can buy the card in
your place Internet café.
l
You can buy the card in
your place software store.
7. Where I can play the game.
You can go to SINA or NETEASE to find the game channel, there are many games introduction and URL, and if you play the game, you should go to the game website, and different game has different website.
A ADDITIONAL STUDY FOR THE SMS PRICES.
For most
serice I already put on my weekly report of last week, but for some complex
price of the logo and ringtone, I just put here:
For logo and
ringtone:
NOKIA: standard picture 0.5 yuan
Classic big logo 1.5 yuan
Flash picture
2.00yuan
Big logo
1.00yuan
Ringtone
1.2 yuan
Screensaver
1.5 yuan
Music greeting card
2.8yuan
MOTORALA:
388 big logo
3.00 yuan
388 ringtone
2.00yuan
E360 color logo 4.00yuan
E360
color flash
4.00yuan
V60i screensaver 2.00yuan
Ringtone
1.2 yuan
SIEMENS:
Ringtone
2.00yuan
Coming call picture 1.5yuan
Screensaver
2.5 yuan
Standard picture
2.00yuan
Logo
1.5 yuan
Music greeting card 4.10 yuan
ALCATEL:
Standard picture
1.00yuan
Big logo
2.00yuan
EMS
picture
0.8yuan
EMS ringtone
1.2 yuan
EMS big picture
0.8yuan
On/off picture
2.00yuan
Truth
ringtone
2.40 yuan
Samsung:
Picture
1.5 yuan
Ringtone
1.2 yuan
ERRCSON
Picture
0.8 yuan
Ringtone
1.2 yuan
For the game, if the game is a charator game, SOHU send you one message use you 0.2 yuan, and you send one message use 0.1 yuan. And the game is a action game, one time play use you 0.5 yuan.
And in Sina, mostly the price same, just they have a special service, if you can pay monly 5 yuan, so every time you download a logo or ringtone, just plus pay 0.1 yuan.
And all the services are available for China mobile users, but some are not available for China Unicom users now.
NEWS.
1. China
Web portals rocket again
Business
prospects improve for Netease, Sohu, Sina
NEW YORK (CBS.MW) -- While U.S. Web portals have fallen
out of favor with many investors, their Chinese counterparts have enjoyed a
recent surge in activity not seen since the go-go days of the late 1990s.
Over the last few days, the "Big Three"
Chinese Web portals -- Sina, Sohu and Netease -- have seen double-digit
percentage gains in their share prices on the back of improved business
prospects.
On Wednesday, shares of Netease jumped 35 percent, or
$1.54, to a 52-week high of $5.99 after the Beijing-based portal reported an
operating profit, excluding a special charge related to litigation. Moreover,
its trading volume rocketed from a daily average of 85,000 to 550,000 by late
afternoon trade.
Its rivals Sina (SINA: news, chart, profile) and Sohu (SOHU: news, chart, profile), meanwhile, enjoyed more modest gains of 5 to 6 percent. It may not seem like much, but both firms as well as Netease have seen their share prices climb well over 30 percent since Sohu surprised the markets by turning its first net profit two weeks ago.
2. In the past 9 months this year, the mobile users in China increasing 45.169 million. Now it is 190 million. The first 9 months, each Telecom operator Net revenue market share are: China mobile is 37.81%, China telecom 32.45%, China netcom is 16.78%, China Unicom is 11.71%, and China railcom is 1.12%.
http://business.sohu.com/93/27/article204172793.shtml
3. China Telecom to relaunch huge IPO
Insufficient investor demand may force price cut
Oct
31.
The delay shows that the bruising of telecom
companies in the worst bear market in years is hardly over.
It also raises the possibility that the price of
China Telecom's 16.8-billion-share initial public offering could be cut,
assuming regulatory approval in Beijing, Hong Kong and the U.S.
The company, which is the overseas listing vehicle
for China's largest fixed-line telecom operator, had set a price range between
HK$1.48 and HK$1.71. Even at the lower end of the range, the deal was set to be
and the world's third-largest IPO so far this year and Asia's biggest.
It doesn't appear there's much room for cutting the
IPO price to woo institutional investors: HK$1.48 is just a few pennies above
China Telecom's book value, and Beijing doesn't allow state firms to be sold to
the public at less than book value.
Alternatives could include cutting the size of the
offering or hiking the dividend yield, analysts said.
A person familiar with the transaction said the deal
would be relaunched "no later than early next week."
and on Tuesday, China telecom already
slashed 16.8 billion share to 7.56 billion share, and slashed IPO from $3.68
billion to $ 1.66 billion. And pre share price will still keep on between HK$
1.48-1.71.
4. China telecom increases
the international interconnection charge. 8.5 times in Hang Kong, and 10 Times
in US. And also other other countries.
http://tech.sina.com.cn/it/t/2002-11-01/0716147264.shtml
Nov11.
SHANGHAI -(Dow Jones)- Shanghai-listed China United Telecommunications Corp. said that it has increased its control of a unit listed in Hong Kong and New York.
In line with the terms in
the prospectus for its September share offering, China United
Telecommunications has boosted its stake in Unicom BVI to about 74% from 51%.
Unicom BVI holds 77% of China Unicom Ltd. , which is listed in Hong Kong and
New York
http://it.sohu.com/34/07/column203980734.shtml
6. by the end of Sep 2002, there are 605.6 million internet users in the whole world. Among them, 19.091million ( 31.5%) from Europe, 18.724 million ( 30.9%) from asia, 18.267 million ( 30.1%) from North America.
FOR NEXT WEEK
1. search the top three portal capitalization.
2. a study about the dating service.
3. a payment astudy see if they have account.