Download High-Level Results

1
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
1. Are you more or less optimistic about the economy of the country where you are based compared to
last quarter?
1=More optimistic
0=No change
-1=Less optimistic
Total
Mean = -0.67
SD = 0.65
Missing Cases = 0
Response Percent = 100.0 %
Number
3
5
25
33
Percent
9.1 %
15.2 %
75.8 %
100.0 %
95% CI
± 10.4 %
± 12.9 %
± 15.4 %
2
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
1b. Rate your optimism about the economy of the country where you are based on a scale from 0-100,
with 0 being the least optimistic and 100 being the most optimistic.
Minimum = 0
Maximum = 97
Mean = 56.4
Median = 60
Standard Deviation (Unbiased Estimate) = 20.5
95 Percent Confidence Interval Around The Mean = 49.0 - 63.9
4 Groups
1 = 40
2 = 60
3 = 70
Valid Cases =28
Missing Cases =4
Response Percent = 87.5%
3
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
2. Are you more or less optimistic about the financial prospects for your company compared to last
quarter?
1=More optimistic
0=No change
-1=Less optimistic
Total
Mean = -0.39
SD = 0.79
Missing Cases = 0
Response Percent = 100.0 %
Number
6
8
19
33
Percent
18.2 %
24.2 %
57.6 %
100.0 %
95% CI
± 13.9 %
± 15.4 %
± 17.8 %
4
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
2b. Rate your optimism about the financial prospects for your own company on a scale from 0-100,
with 0 being the least optimistic and 100 being the most optimistic.
Minimum = 0
Maximum = 98
Mean = 60.6
Median = 62.5
Standard Deviation (Unbiased Estimate) = 20.4
95 Percent Confidence Interval Around The Mean = 53.3 - 67.9
4 Groups
1 = 50
2 = 60
3 = 75
Valid Cases =29
Missing Cases =3
Response Percent = 90.6%
5
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
3a. During the past quarter, which items have been the most pressing concerns for your company's
top management team?
Economic uncertainty
Weak demand for your products/services
Currency risk
Government policies
Employee productivity
Regulatory requirements
Rising wages and salaries
Difficulty attracting / retaining qualified employees
Corporate tax code
Deflation
Employee morale
Rising input or commodity costs
Cost of benefits
Access to capital
Cost of borrowing
Geopolitical / health crises
Data security
Inflation
Other
Total
Number of Cases = 33
Number of Responses = 112
Average Number Of Responses Per Case = 3.4
Number Of Cases With At Least One Response = 33
Response Percent = 100.0 %
Number
21
14
11
9
9
8
7
7
5
4
4
3
3
3
2
2
0
0
0
112
Percent
63.6 %
42.4 %
33.3 %
27.3 %
27.3 %
24.2 %
21.2 %
21.2 %
15.2 %
12.1 %
12.1 %
9.1 %
9.1 %
9.1 %
6.1 %
6.1 %
0.0 %
0.0 %
0.0 %
95% CI
± 17.3 %
± 17.8 %
± 17.0 %
± 16.1 %
± 16.1 %
± 15.4 %
± 14.7 %
± 14.7 %
± 12.9 %
± 11.8 %
± 11.8 %
± 10.4 %
± 10.4 %
± 10.4 %
± 8.6 %
± 8.6 %
± 0.0 %
± 0.0 %
± 0.0 %
6
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
3a. During the past quarter, which items have been the most pressing concerns for your company's
top management team? - Other specified
--- No Response ---
7
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
3b. Other than your answers to 3a, please write any new challenges or emerging risks that your firm
anticipates in the next year.
Bank/Fin/Insur/Real Est
Healthcare/Pharm
Manufacturing
Manufacturing
Manufacturing
Manufacturing
Mining/Construction
Other
Retail/Wholesale
Retail/Wholesale
Retail/Wholesale
Services, Consulting
Services, Consulting
Services, Consulting
Services, Consulting
Services, Consulting
Tech [Soft/Hard/Bio]
Unspecified Industry
甯傚満
浜у搧鐨勭珵浜
浜烘墠鍌ㄥ 涓嶈冻锛
瑷傚柈娓涘皯
Sales turnover decrease and GP decrease;
Uncertainty about Government Policies, Very Cautious approach of local banks
for financing
volatile interest rates, global safety, regional political & social unrest,
Economic uncertainly in the exporting countries like US, Europe and Japan
China is collapsing. Long-term it is good, but the economy will languish in the
short-term.
civic unrest
currency exchange
浜烘皯骞ｅ尟鐜囨尝鍕
Increased risks of bad debts.
new co law incrimiate, PRC restriction
Rising interest rates in a weak growth environment
Unrest on the streets direct against Government policies
departmental reengineering
Parallel and fake products of the co Brands
8
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during
the next 12 months? [Unweighted - Winsorized]
Mean
SD
Maximum
Total
10.72
13.00
4.88 - 16.56
10
-5
50.68
18
Marketing/advertising spending
8.00
10.99
3.30 - 12.71
5
-5
31.07
21
Technology spending
6.84
6.32
3.84 - 9.84
5
0
19.13
5
Wages/Salaries
4.94
4.73
2.91 - 6.96
5
-8.36
15
19
Revenue
4.49
15.62
-2.19 - 11.17
5
-30
47.35
14
Health care costs
2.53
3.26
0.82 - 4.24
0.50
0
8.71
21
Capital spending
2.28
21.88
-7.83 - 12.39
1
-45
54.08
21
Number of domestic full-time employees
2.15
13.51
-3.63 - 7.93
0
-18
51.13
17
Number of offshore outsourced employees
1.41
4.21
-0.72 - 3.54
0
-6.84
9.50
15
Productivity (output per hour worked)
0.68
5.04
-1.71 - 3.08
1
-8.45
9.50
20
Share repurchases
0.00
0.00
0.00 - 0.00
0
0
0
17
Number of domestic temporary employees
-1.08
4.95
-3.43 - 1.27
0
-13.50
10.10
19
Prices of your products
-1.80
6.41
-4.61 - 1.02
0
-10
11.09
21
Earnings
-4.17
17.38
-11.98 - 3.65
5
-36.20
20
13
Dividends
-5.22
12.82
-16.46 - 6.02
0
-28.10
2
17
Cash on the balance sheet
-6.86
13.85
-12.78 - -0.93
-5
-34.50
10
21
Research and development spending
95% CI
Median
Minimum
9
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during
the next 12 months for: [Unweighted - Sorted]
(N=33)
Mean & SD
Technology spending
0.76
0.44
Positive
1
13
76.5%
Zero
0
4
23.5%
Negative
-1
0
0.0%
Wages/Salaries
0.76
0.54
17
81.0%
3
14.3%
1
4.8%
Research and development spending
0.58
0.69
13
68.4%
4
21.1%
2
10.5%
Marketing/advertising spending
0.52
0.60
12
57.1%
8
38.1%
1
4.8%
Health care costs
0.50
0.52
7
50.0%
7
50.0%
0
0.0%
Revenue
0.43
0.93
15
71.4%
0
0.0%
6
28.6%
Productivity (output per hour worked)
0.29
0.85
9
52.9%
4
23.5%
4
23.5%
Capital spending
0.22
0.88
9
50.0%
4
22.2%
5
27.8%
Number of offshore outsourced
employees
0.13
0.64
4
26.7%
9
60.0%
2
13.3%
Earnings
0.05
1.03
10
52.6%
0
0.0%
9
47.4%
Number of domestic full-time employees
0.05
0.97
10
47.6%
2
9.5%
9
42.9%
Share repurchases
0.00
0.00
0
0.0%
13
100.0%
0
0.0%
Dividends
0.00
0.71
1
20.0%
3
60.0%
1
20.0%
Number of domestic temporary
employees
-0.12
0.60
2
11.8%
11
64.7%
4
23.5%
Prices of your products
-0.15
0.88
6
30.0%
5
25.0%
9
45.0%
Cash on the balance sheet
-0.19
0.93
7
33.3%
3
14.3%
11
52.4%
10
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during
the next 12 months? [All Companies - Winsorized - Revenue Weighted - Sorted]
Mean
SD
95% CI
Median
Minimum
Maximum
Total
Marketing/advertising spending
4.82
6.71
1.88 - 7.77
0.50
-5
31.07
16
Research and development spending
4.77
8.23
0.82 - 8.71
5
-5
50.68
17
Capital spending
3.99
17.45
-4.44 - 12.41
2
-45
54.08
24
Technology spending
3.91
4.17
1.62 - 6.20
5
0
19.13
16
Revenue
3.77
8.44
0.38 - 7.17
5
-30
47.35
20
Earnings
1.13
13.45
-6.06 - 8.32
5
-36.20
20
13
Share repurchases
0.00
0.00
0.00 - 0.00
0
0
0
20
Prices of your products
-0.16
3.87
-2.05 - 1.74
0
-10
11.09
4
Cash on the balance sheet
-1.40
9.59
-5.59 - 2.80
0
-34.50
10
11
Dividends
-3.90
11.19
-14.26 - 6.47
0
-28.10
2
13
11
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during
the next 12 months? [All Companies - Winsorized - Employee Weighted - Sorted]
Mean
SD
95% CI
Median
Minimum
Maximum
Total
Productivity (output per hour worked)
4.39
5.98
1.00 - 7.78
3.50
-8.45
9.50
12
Health care costs
3.77
4.33
1.65 - 5.89
0.50
0
8.71
19
Wages/Salaries
3.67
3.04
2.32 - 5.03
5
-8.36
15
12
Number of offshore outsourced employees
0.99
3.28
-0.90 - 2.88
0
-6.84
9.50
12
Number of domestic full-time employees
-2.05
6.11
-4.79 - 0.70
-1
-18
51.13
19
Number of domestic temporary employees
-2.07
4.07
-4.35 - 0.21
0
-13.50
10.10
16
12
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
4. Relative to the previous 12 months, what will be your company's PERCENTAGE CHANGE during
the next 12 months? [Public Companies - Winsorized]
Mean
SD
95% CI
Median
Minimum
Maximum
Revenue
3.50
9.35
-3.98 - 10.98
5.50
-15
10
Share repurchases
0.00
0.00
0.00 - 0.00
0
0
0
Earnings
-0.83
15.94
-13.59 - 11.92
5
-20
20
Dividends
-5.22
12.82
-16.46 - 6.02
0
-28.10
2
Cash on the balance sheet
-6.33
12.36
-16.22 - 3.55
-5
-20
10
13
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
5a. What do you think is the probability that your country's economy will be in recession at the end of
2016?
0
1-10
11-20
21-30
31-40
41-50
51-60
61-70
71-80
81-90
91-99
100
Total
Mean = 31.1
SD = 24.8
Missing Cases = 1
Response Percent = 97.0 %
Number
4
3
4
8
2
5
2
1
2
0
0
1
32
Percent
12.5 %
9.4 %
12.5 %
25.0 %
6.3 %
15.6 %
6.3 %
3.1 %
6.3 %
0.0 %
0.0 %
3.1 %
100.0 %
Cumulative
12.5 %
21.9 %
34.4 %
59.4 %
65.6 %
81.3 %
87.5 %
90.6 %
96.9 %
96.9 %
96.9 %
100.0 %
100.0 %
14
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
5b. What are the key risks that might lead to recession in your country at year-end 2016?
Slowdown in China
Political risk
Slowdown in Europe
Stock market decline
Currency valuation
Slowdown in emerging economies other than China
Price of oil
Terrorism
Interest rates
Corruption
Budget Deficit
High inflation
Low Inflation
Price of non-oil commodities
Health crises
Infrastructure
New regulations
Workforce disruptions
Other
Total
Number of Cases = 33
Number of Responses = 126
Average Number Of Responses Per Case = 3.8
Number Of Cases With At Least One Response = 32
Response Percent = 97.0 %
Number
24
17
12
11
10
10
9
6
5
4
3
3
3
2
2
2
2
1
0
126
Percent
72.7 %
51.5 %
36.4 %
33.3 %
30.3 %
30.3 %
27.3 %
18.2 %
15.2 %
12.1 %
9.1 %
9.1 %
9.1 %
6.1 %
6.1 %
6.1 %
6.1 %
3.0 %
0.0 %
95% CI
± 16.1 %
± 18.0 %
± 17.4 %
± 17.0 %
± 16.6 %
± 16.6 %
± 16.1 %
± 13.9 %
± 12.9 %
± 11.8 %
± 10.4 %
± 10.4 %
± 10.4 %
± 8.6 %
± 8.6 %
± 8.6 %
± 8.6 %
± 6.2 %
± 0.0 %
15
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
5b. What are the key risks that might lead to recession in your country at year-end 2016? Other
specified
--- No Response ---
16
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
6a. Assume that core inflation is between 0% and 1% each year for the foreseeable future. What
effect would an extended low core inflation scenario have on your firm's financial performance?
-2=Very negative
-1=Negative
0=No effect
+1=Positive
+2=Very positive
Total
Mean = -0.06
SD = 0.91
Missing Cases = 1
Response Percent = 97.0 %
Number
0
13
9
9
1
32
Percent
0.0 %
40.6 %
28.1 %
28.1 %
3.1 %
100.0 %
95% CI
± 0.0 %
± 17.6 %
± 16.1 %
± 16.1 %
± 6.2 %
17
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
6b. Do you believe that an extended period of low core inflation would …
(N=33)
substantially diminish your company's ability to raise prices to keep pace with
rising labor and non-labor costs?
Yes
18
58.1%
No
13
41.9%
substantially diminish your company's ability to meet its profitability targets?
15
51.7%
14
48.3%
change the competitive balance in your industry?
5
17.9%
23
82.1%
18
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
6b. How would the competitive balance change?
Manufacturing
Manufacturing
decrease factory overhead cost
Large & mid size companies will not be able to push cost increases arising due to
mandatory technology changes to customers, since they are not willing to take
any price rise.
19
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
6c. What steps would your firm take to remain competitive in an extended low inflation environment?
Services, Consulting
Energy
Services, Consulting
Other
Manufacturing
Healthcare/Pharm
Manufacturing
Manufacturing
Bank/Fin/Insur/Real Est
Services, Consulting
Manufacturing
Manufacturing
Manufacturing
Services, Consulting
Manufacturing
Manufacturing
Unspecified Industry
Mining/Construction
Retail/Wholesale
Retail/Wholesale
Tech [Soft/Hard/Bio]
Retail/Wholesale
Services, Consulting
Healthcare/Pharm
Look at the resources and expect productivity to increase more for less....
curtail expenses
more marketing efforts.
Increase promotional activities, cost control
cost and expense control
increase R&D expenditure,expand business through merger and acquisition
鍒涙柊
Automation,reduce scale in mass production
鏃
new product and add value
鎵╁ ぇ寮€鍙戠浉瀵归珮闄勫� 鍊间骇鍝
鎻愰珮瑁呯疆寮€宸ョ巼銆佸姵鍔ㄧ敓浜х巼
斿彂鎶曞叆锛屽紑鍙戞柊鍝併€
more marketing activities, increase productivity
Develop new customers and improve manufacturing efficiency
To keep the incremental cost due to technology regulations to bear minimum and
may pass on only partial impact to customer.
Drive lower supply chain cost given Low inflation environment.
enhance efficiency, finding lower costs inputs without affecting quality
productivity measures
reduce cost ,improve the efficiency
increase Research and development spending
always raise prices.
Need to remain competitive on pricing and cost
鍓婂噺鎴愭湰璐圭敤
20
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
7. Compared to interest rates today, how much would your borrowing costs have to increase to cause
your company to 'reduce hiring plans'?
0.25
0.5
0.75
1.0
1.5
2.0
2.5
3.0
3.5
4.0
Total
Mean = 1.64
SD = 1.32
Missing Cases = 22
Response Percent = 33.3 %
Number
2
2
0
2
0
1
1
2
0
1
11
Percent
18.2 %
18.2 %
0.0 %
18.2 %
0.0 %
9.1 %
9.1 %
18.2 %
0.0 %
9.1 %
100.0 %
Cumulative
18.2 %
36.4 %
36.4 %
54.5 %
54.5 %
63.6 %
72.7 %
90.9 %
90.9 %
100.0 %
100.0 %
21
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
7. Compared to interest rates today, how much would your borrowing costs have to increase to cause
your company to 'reduce capital spending plans'?
0.25
0.5
0.75
1.0
1.5
2.0
2.5
3.0
3.5
4.0
Total
Mean = 2.00
SD = 1.32
Missing Cases = 18
Response Percent = 45.5 %
Number
2
0
0
4
1
3
0
2
0
3
15
Percent
13.3 %
0.0 %
0.0 %
26.7 %
6.7 %
20.0 %
0.0 %
13.3 %
0.0 %
20.0 %
100.0 %
Cumulative
13.3 %
13.3 %
13.3 %
40.0 %
46.7 %
66.7 %
66.7 %
80.0 %
80.0 %
100.0 %
100.0 %
22
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
7. Compared to interest rates today, how much would your borrowing costs have to increase to cause
your company to 'reduce borrowing plans'?
0.25
0.5
0.75
1.0
1.5
2.0
2.5
3.0
3.5
4.0
Total
Mean = 1.91
SD = 1.21
Missing Cases = 17
Response Percent = 48.5 %
Number
3
0
1
1
1
5
1
2
0
2
16
Percent
18.8 %
0.0 %
6.3 %
6.3 %
6.3 %
31.3 %
6.3 %
12.5 %
0.0 %
12.5 %
100.0 %
Cumulative
18.8 %
18.8 %
25.0 %
31.3 %
37.5 %
68.8 %
75.0 %
87.5 %
87.5 %
100.0 %
100.0 %
23
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Return on assets (ROA=operating earnings/assets)
Mean
% Approximate ROA in 2015
% Expected ROA in 2016
SD
95% CI
Median
8.77
11.45
4.37 - 13.17
6
10.25
9.98
6.41 - 14.08
6.50
Minimum
Maximum
Total
-8
45
26
1.80
45
26
24
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Manufacturing capacity utilized
Mean
SD
95% CI
Median
Minimum
Maximum
Total
% of capacity utilized in last half of 2015
75.00
13.92
65.91 - 84.09
80
45
90
9
% of capacity utilization planned for the first half of
2016
73.33
14.79
63.67 - 83.00
75
50
95
9
25
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Manufacturing capacity utilized (Revenue Weighted)
Mean
SD
95% CI
Median
Minimum
Maximum
Total
% of capacity utilized in last half of 2015
84.95
9.84
78.20 - 91.70
85
45
90
8
% of capacity utilization planned for the first half of
2016
87.08
13.00
78.16 - 95.99
85
50
95
8
26
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Industry
Manufacturing
Services, Consulting
Retail/Wholesale
Technology [Software/Hardware/Biotech]
Banking/Finance/Insurance/Real Estate
Healthcare/Pharmaceutical
Energy
Mining/Construction
Agriculture, Forestry, & Fishing
Transportation & Public Utilities
Public Administration
Communication/Media
Other Industry
Total
Missing Cases = 0
Response Percent = 100.0 %
Number
10
6
4
3
3
2
1
1
0
0
0
0
3
33
Percent
30.3 %
18.2 %
12.1 %
9.1 %
9.1 %
6.1 %
3.0 %
3.0 %
0.0 %
0.0 %
0.0 %
0.0 %
9.1 %
100.0 %
95% CI
± 16.6 %
± 13.9 %
± 11.8 %
± 10.4 %
± 10.4 %
± 8.6 %
± 6.2 %
± 6.2 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 10.4 %
27
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Industry (Other specified)
--- No Response ---
28
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Sales Revenue
Less than $25 million
$25-$99 million
$100-$499 million
$500-$999 million
$1-$4.9 billion
$5-$9.9 billion
More than $10 billion
Total
Missing Cases = 0
Response Percent = 100.0 %
Number
8
10
6
3
3
2
1
33
Percent
24.2 %
30.3 %
18.2 %
9.1 %
9.1 %
6.1 %
3.0 %
100.0 %
95% CI
± 15.4 %
± 16.6 %
± 13.9 %
± 10.4 %
± 10.4 %
± 8.6 %
± 6.2 %
29
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Weighted Sales Revenue (Millions)
Minimum = 25
Maximum = 11000
Mean = 1208.18
Median = 62
Variance (Unbiased Estimate) = 6706272.84
Standard Deviation (Unbiased Estimate) = 2589.65
Standard Error Of The Mean = 450.80
95 Percent Confidence Interval Around The Mean = 324.61 - 2091.75
99 Percent Confidence Interval Around The Mean = 47.37 - 2368.99
Skewness = 2.60
Kolmogorov-Smirnov Statistic For Normality = 9.93
Quartiles
1 = 43.50
2 = 62
3 = 750
Valid Cases =33
Missing Cases =0
Response Percent = 100.0%
30
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Number of Employees
Fewer than 100
100-499
500-999
1,000-2,499
2,500-4,999
5,000-9,999
Over 10,000
Total
Missing Cases = 1
Response Percent = 97.0 %
Number
8
9
5
3
3
0
4
32
Percent
25.0 %
28.1 %
15.6 %
9.4 %
9.4 %
0.0 %
12.5 %
100.0 %
95% CI
± 15.5 %
± 16.1 %
± 12.9 %
± 10.4 %
± 10.4 %
± 0.0 %
± 11.8 %
31
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Weighted Number of Employees
Minimum = 100
Maximum = 12000
Mean = 2242.19
Median = 300
Variance (Unbiased Estimate) = 15167759.58
Standard Deviation (Unbiased Estimate) = 3894.58
Standard Error Of The Mean = 688.47
95 Percent Confidence Interval Around The Mean = 892.78 - 3591.59
99 Percent Confidence Interval Around The Mean = 469.37 - 4015.00
Skewness = 1.98
Kolmogorov-Smirnov Statistic For Normality = 9.02
Quartiles
1 = 100
2 = 300
3 = 1750
Valid Cases =32
Missing Cases =1
Response Percent = 97.0%
32
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Where are you personally located?
People's Republic of China
Hong Kong
Taiwan
India
Cambodia
Japan
Korea
Laos
Malaysia
Myanmar
Pakistan
Philippines
Singapore
Sri Lanka
Indonesia
Thailand
Vietnam
U.S.
Europe
Africa
Other (please specify)
Total
Missing Cases = 0
Response Percent = 100.0 %
Number
19
13
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
33
Percent
57.6 %
39.4 %
3.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
0.0 %
100.0 %
95% CI
± 17.8 %
± 17.6 %
± 6.2 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
± 0.0 %
33
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Headquarters Asia (Other Specified)
鍚夋灄
34
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
If your company headquarters is in another country, please indicate which country.
涓 浗
Austria
China
England
Enter your country here
France
Taiwan
UK
USA
35
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Ownership
Private
Public
Government
Nonprofit
Total
Missing Cases = 0
Response Percent = 100.0 %
Number
21
11
1
0
33
Percent
63.6 %
33.3 %
3.0 %
0.0 %
100.0 %
95% CI
± 17.3 %
± 17.0 %
± 6.2 %
± 0.0 %
36
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Foreign Sales
0%
1-24%
25-50%
More than 50%
Total
Missing Cases = 0
Response Percent = 100.0 %
Number
13
11
2
7
33
Percent
39.4 %
33.3 %
6.1 %
21.2 %
100.0 %
95% CI
± 17.6 %
± 17.0 %
± 8.6 %
± 14.7 %
37
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
In what region of the world are most of your foreign sales?
Asia/Pacific Basin
Europe
US/Canada
Africa
Latin America
Total
Missing Cases = 6
Response Percent = 70.0 %
Number
8
3
2
1
0
14
Percent
57.1 %
21.4 %
14.3 %
7.1 %
0.0 %
100.0 %
95% CI
± 24.3 %
± 17.7 %
± 14.9 %
± 10.8 %
± 0.0 %
38
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
What is your company's credit rating?
AAA
AA+
AA
AAA+
A
ABBB+
BBB
BBBBB+
BB
BBB+
B
BCCC
CC
D
Total
Missing Cases = 0
Response Percent = 100.0 %
Number
2
5
1
2
4
2
1
1
0
0
1
0
0
1
0
1
1
0
0
22
Percent
9.1 %
22.7 %
4.5 %
9.1 %
18.2 %
9.1 %
4.5 %
4.5 %
0.0 %
0.0 %
4.5 %
0.0 %
0.0 %
4.5 %
0.0 %
4.5 %
4.5 %
0.0 %
0.0 %
100.0 %
Cumulative
9.1 %
31.8 %
36.4 %
45.5 %
63.6 %
72.7 %
77.3 %
81.8 %
81.8 %
81.8 %
86.4 %
86.4 %
86.4 %
90.9 %
90.9 %
95.5 %
100.0 %
100.0 %
100.0 %
100.0 %
39
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
What is your company's credit rating?
N=22
Total
Credit Rating
Actual
Estimate
A
B
Total
22
100.0%
17
77.3%
5
22.7%
AAA
2
9.1%
2
11.8%
0
0.0%
AA+
5
22.7%
5
29.4%
0
0.0%
AA
1
4.5%
0
0.0%
1
20.0%
AA-
2
9.1%
2
11.8%
0
0.0%
A+
4
18.2%
3
17.6%
1
20.0%
A
2
9.1%
2
11.8%
0
0.0%
A-
1
4.5%
1
5.9%
0
0.0%
BBB+
1
4.5%
0
0.0%
1
20.0%
BBB
0
0.0%
0
0.0%
0
0.0%
BBB-
0
0.0%
0
0.0%
0
0.0%
BB+
1
4.5%
1
5.9%
0
0.0%
BB
0
0.0%
0
0.0%
0
0.0%
BB-
0
0.0%
0
0.0%
0
0.0%
B+
1
4.5%
1
5.9%
0
0.0%
B
0
0.0%
0
0.0%
0
0.0%
Significance Tests Between Columns: Lower case: p<.05 Upper case: p<.01
40
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
What is your company's credit rating?
N=22
Total
Credit Rating
Actual
Estimate
A
B
B-
1
4.5%
0
0.0%
1
20.0%
CCC
1
4.5%
0
0.0%
1
20.0%
CC
0
0.0%
0
0.0%
0
0.0%
D
0
0.0%
0
0.0%
0
0.0%
Significance Tests Between Columns: Lower case: p<.05 Upper case: p<.01
41
Duke CFO magazine Global Business Outlook survey - China - First Quarter, 2016
Your job title (e.g., CFO, Asst. Treasurer, etc):
CFO
CEO
FC( Financial controller-PRC)
Finance Manager
Executive Director
VP
Director
treasury manager
senior finance manager
閮ㄩ暱
璨″嫏缍撶悊
Finance Controller
Treasurer
閮ㄩ棬鍓 €荤粡鐞�
璐㈠姟鎬荤洃
managing director
Finance director
Asst. Treasurer
System Manager
Total
Missing Cases = 1
Response Percent = 97.0 %
Number
12
3
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
32
Percent
37.5 %
9.4 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
3.1 %
100.0 %