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(.)

()

20-

80

100

6-36

60

18

1,5-2,3

2,5

2,2-2,8

2-2,75

1-1,2

100-500

41

.

.
- 37 -

www.zaluu.com
www.zaluu.com

7.2

Exo=TPt/I=250747138,5/77490230=3,23

Txo=I/NPt=77490230/48568499,15=1,6

NPV=PV(NPt)-lin
NPV =15147686.46/(1+0.144)1+81989311.84(1.144)294800825.34(1.144)377490230=139207694-77490230=61717464

- 38 -

23547598.5

25634723

94800825,34

3.6%

3.6%

1,2%

IV

18993480

III

3.6%

II

13813452

3.6%

1948867.5

12

1,2%

1868193.5

11

1,2%

1812900

10

1,2%

1631610

1,2%

1450320

III

II

1,2%

1359675

1,2%

1269030

1,2%

1087740

1,2%

906450

1,2%

815805

1,2%

543870

1,2%

453225

1,2%

7.3

www.zaluu.com
www.zaluu.com

42

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:


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95493023,5

2807010.2
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2578469.4
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2079792
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48529092
-

62342544
-

1512554

64291411.5
-

1435641

66159605
-

1376212.14

67972505
-

1335480

69604115
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1201932

71054435
-

1068384

72414110
-

1001610

73683140
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934836

74770880
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801288

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667740

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600966

77037005

400644

333870

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()

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, ,
,

93%

5%

2%

0%

0%

2010 6
368,44 $ 8,67
. 0.07
2010 6 . 2009
8
0.05%-
.
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1

,
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.

- 40 -

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.

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TV-9

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intertainment
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45000

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30

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48000

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240000

36000

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112500

22500

30

112500
255000

51000

30

255000
1162500

- 41 -

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2500

30

700

1750000

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- 42 -

www.zaluu.com
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. , ,
.
:
Jiangyin Hongda Powder Equipment Co.,Ltd
Add:Jinwan Industrial Zone, Jiangyin, Wuxi city, Jiangsu , China
Tel: +86-510-86221735
Fax: +86-510-86224676
Mobile: +86-510-86456144
Website:www.hongdamach.com
I

1
2

1671,1
1671,1

1671,1 = 55703
I

1
2
3
4
5
6
7
8
9

()

40%
32%
3%
4%
3%
5%
6%
7%
100%

668,44
534,752
50,133
66,844
50,133
83,555
100,266
116,977
1671,1

100
200
150
200
160
100
130
50

(.)
68,844
106,9504
7,51995
13,3688
8,02128
8,3555
13,03458
5,84885
231,9

()

1
2

1
1

600.000
400.000

- 43 -

(.)
7200
4800

www.zaluu.com
www.zaluu.com

.
3
4
5
6
7
8

1
1
2
1
1
1
9

400.000
400.000
350.000
200.000
120.000
110.000
2580.000

4800
4800
4200
2400
144
132
28476

:
= *
,%
:
= *
%
28476.0*10%=2.847.6 (.)
:
= -
*10%-
28.476.0-2.847.6*10%-56000=2.506.840(. )
=15.600.000+2.340.000+2.964.000=20.904.000

1
2

.

.
,

(.)
28476.0

20%

5354440
33830440

=( * *
)*1/

- 44 -

www.zaluu.com
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1/

()

(.)

3/

2016

47+15%

6048

326,9

2/

2016

47+15%

4032

217,9
544,8

= *13
*

1
2

652
15 2

13

195.5+15%
195.5+15%

7
7

(.)
102295.4
23606.7
125.9021

,
=( +
)*

1
2
3
4

3
3
3
3

0,2
0,2
0,2

252

13

(.)

5750+15%
238+15%
115+15%

333,27
13,79
8,98
356,04

1
2
3

(.)
544,8
125.9021
356,04
1026,742
- 45 -

www.zaluu.com
www.zaluu.com

(/)
0,1

( )
4800

()
980

470,4

(.)

1
2
3

27.350
9.440
10.605

4
12

2%
10%
10%

(.)
547
944
1060,5

20%

300
2851,5

1.500
48895

1
2
3
4
5
6

2
2
2

5
12,5
1,125
1,125
0,9

8355,5
20888,75
1879,9875
1879,9875
1503,99

()
50
0,1
50
10
50
275,5

(.)
417,7
2
94
18,8
75,2
607,7

,
4300 (.)

1
2
3
4
5

(.)
50
78
120
156
404

1
2
3

- 46 -

(.)
30
400
200

www.zaluu.com
www.zaluu.com

.
4

630

1
2
3
4
5
6
7
8
9
10

(.)
231,9
16207,8
1026,742
470,4
2851,5
607,7
4300
404
630
26730

= /

=26730000/55703=479,8
II

1
2
3

1266,2
2532,5
3798,7

, =42207
= 84417

1
2

3
4
5
6
7

()

(.)

40%
32%

506,48
405,184

100
200

50,648
81,0368

3%

37,986

150

5,6979

4%
3%
5%

50,648
37,986
63,31

200
160
100

10,1296
6,07776
6,631

6%

75,972

130

9,87636

- 47 -

www.zaluu.com
www.zaluu.com

.
8
A
1

B

A+B

7%
100%
45%

88,634
1266,2
1139,625

50
500

4,4317
174,52912
569,8125

37%

937,025

200

187,405

3%
3%

75,975
75,975

200
160

15,195
12,156

3%

75,975

230

17,47425

3%
3%

75,975
75,975

170
240

12,91575
18,234

3%

75,975

170

12,91575

100%
200%

2532,5

846,10825
1020,63737

1
2
3

(.)
28476

10%

2847.6

20%

5354.440

36678.40

1
2
3

(.)
544,8
125.9021
356,04
1026,742

( )
4800

(/)
0,1

- 48 -

()

(.)

980

470,4

www.zaluu.com
www.zaluu.com

=2851,5

2
2

2
4

2
5

2
6

5
12,5
1,125
1,125
0,9

6361
15827,5
1424,5
1424,5
1139,58

()
50
0,1
50
10
50

(.)
318,05
1,58
71,225
14,245
56,979
462,079

1
2
3
4
5
6

2
2
2

()

5
12,5
1,125
1,125
0,9

12662,5
31656,25
2849
2849
2279,25

50
0,1
50
10
50

(.
)
633,125
3,2
142,45
28,49
113,9
921,165

, =2150(.)

1
2
3
4
5

(.)
50
78
120
156
404

1
2
3
4

(.)
30
500
200
730

- 49 -

(.)
1020,6

www.zaluu.com
www.zaluu.com

.
2
3
4
5
6
7
8
9
10

17569.8
1026,742
470,4
2851,5
1383,244
2150
404
730
27606,286

2
3
4
5
6
7
8
9
10

4,135
138,7
8,1
3,7
22,5
11
17
3,2
5,7
214,035

10
138,7
8,1
3,7
22,5
11
17
3,2
5,7
219,9

III

1
2
3

1535,1
1893,3
1688,6
5117

=51170
= 63110
=56287

1
2

()

(.)

40%
32%

614,04
491,232

100
200

61,404
98,25

- 50 -

www.zaluu.com
www.zaluu.com

.
3
4
5
6
7
8
A
1
2
3
4
5
6
7
8
B
1
2
3
4
5
6
7
8
9
10
C
A+B
+C

3%
4%
3%
5%

46,053
61,404
46,053
76,755

150
200
160
100

6,91
12,281
7,368
7,6755

6%

92,106

130

11,974

7%
100%
45%
37%
3%
3%
3%
3%
3%
3%
100%
55%
5
6
7
5
5
4
5
4
4
100

107,457
1535,1
851,985
700,521
56,799
56,799
56,799
56,799
56,799
56,799
1893,3
928,73
84,43
101,316
118,202
84,43
84,43
67,544
84,43
67,544
67,544
1688,6

50

5,373
211,2355
425,9925
140,1042
11,3598
9,088
13,064
9,656
13,631
9,656
632,5515
650,111
12,6645
10,1316
10,638
16,886
10,9759
5,74124
7,17655
5,40352
10,1316
739,86

300

5117

500
200
200
160
230
170
240
170
700
150
100
90
200
130
85
85
80
150

1583,647

1
2

.
.

15%

(.)
28476
4271.4

19%

5354.440

- 51 -

38101.840

www.zaluu.com
www.zaluu.com

1
2
3

(.)
544,8
125.9021
356,04
1026,742

( )
5400

(/)
0,1

()
1020

(.)
550.8

=4352,435

1
2
3
4
5
6

()

2
2
2

5
12,5
1,125
1,125
0,9

25585
63962.5
5756.6
5756.6
4605.3

50
0,1
50
10
50
275,5

(.
)
1279.25
6.39625
287.83
57.568
230.265
1861.313

, =2573.2 (.)
=630(.)
=900(.)

1
2
3
4
5
6
7
8
9
10

- 52 -

(.)
1583,647
24660
1026,742
550.8
4352,435
1861.313
2573.2
630
900
38137.137

www.zaluu.com
www.zaluu.com

2
3
4

5
6
7
8
9
10

4.1
193.7
6
3.2

10

13.1

193.7
6
3.2

193.7
6
3.2

25.5

25.5

25.5

10.9
15
3.7
5.2
267.3

10.9
15
3.7
5.2
273,2

10.9
15
3.7
5.2
276.3

(.)

1

27.350
2%
2

9.440
10%
3
10.605
10%
4

1.500
20%
12

48895

(.)
547
944
1060,5
300
2851,5

1
2
3
4
5
6
7
8
9
10
11

55703000
26726299.4
28976700,6
11158593
17820807,6
2673121,14
15147686,46
41871285,86
26726299.4
15144986,46
0

II
77490230-15144986,46=62345243,54
- 53 -

www.zaluu.com
www.zaluu.com

1
2
3
4
5
6
7
8
9

10

11

692198,16

162806200
46471491,1
116334708,9
21533883,56
94800825,34
95493023,5

132955350
27519621
105435729
8977715,07
96458013,93
14468702,09
81989311,84
109508932,8
46471491,1
62345243,54

III

1
2
3
4
5
6

- 54 -