Lenovo outperforms market in Q4 and full year

Q4 13/14

Q4 12/13

Y-O-Y Change

FY13/14

Y-O-Y Change

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%

EPS (US cents)
Basic
Diluted

1.53

1.51

1.22

1.20

0.31

0.31

7.88

7.78

1.72

1.71

Dividend per share (HK cents)

24

5.5