HCIC

2009

60.83%

2013 20%2012 6.16 1.19

2006-2012 44% 37%

20 15%

GDP 2014

CR12 25%

60%

-10%-30%

2014 2013 500

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...................................................................................................................................................1

..................................................................................................................................................3
1.....................................................................................................................................................3
2 ....................................................................................................................................5
3 .............................................................................................................................................................6

...........................................................................................................................................................7
1 .............................................................................................................................................................7
2 ............................................................................................................................................7
3.....................................................................................................................................................7
4 ................................................................................................................................9
5 ....................................................................................................................................9
6...................................................................................................................................................10
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1...................................................................................................................................................10
2 ..............................................................................................................................11
3...................................................................................................................................................12
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HCIC

CNAS

2009
2013

2006-2012 44% 37%

10-15%
25%
50%
2012
23% 30-40%
2012
2008
30%2011 80%
2
30% 85%
2013
2013
20-25%
2013
30%
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HCIC

2
2.1
2014 1 22
100% 1.8 1661
POLY NDT 70%

A 29

11

POLY 7.21

10% POLY

10

2.2
CRO
2010 11 65000
CRO
0.9 2013
10 1 GLP

2014-2015 1304.47
40% 3500

2013 2014 2014-2015

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HCIC

CROContract Research Organization

30-50%
CRO CRO
CRO 2011

20-25%
CRO CRO

CRO

Amcare
amcare
2014

160 35% 60%2010

2 150 1.5%
Frost&Sullivan 2006-2015
50.2%

2013 7 22
1000 1 2014
2015

40
8000
100 25 3-5

30

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HCIC

1
2003-12-23
2009-10-30

3.69
79.46

TTM

PE
54.02
45.28

PB
52.27
40.16

PS
8.4
6.09

10.97
16.68

2
2003

IRCA 2 CMA
CNAL 2007 CTI 2009 2004
7 2007 8 2010 8

30-40

42

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HCIC

60.83%
6 2 1 6 1 2

53
2014 0.58%

2007
2013
2007
2007
2007
2013
2010
2008
2007

Intertek

CPA

2010

2013 +

2013

2010 +

2007

2007

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HCIC

2011 282
282 1.53% 256 26
190
2011-2013 2010 2013
20% 20%

4
2010

2011

2012

2012

655

479

606

0.34%

224

358

394

171

7.21%

51

70

74

1083

45.68%

193

110

107

856

36.10%

666

964

1190

253

10.67%

1789

1981

2371

2371

90%
7.2%45.68%

5
2009

2010

2011

2012

17.82%

17.56%

17.98%

16.83%

17.80%

17.77%

17.58%

14.01%
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HCIC

2012
6% 15%
16.5% 25%

2014
2014 1 21 10 15.67 / 1.8

2012 8 2012-2014
10%
30% 2009 5
1.7 50%

5
24

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HCIC

5 0
100%2012 2013
80% 89%

/ 2012 2371
50.19%
16%
CMACNAL 2012 47 4
43 8000 10%
8000

2000

25%

2009
2010 MELISSA&DougLLCDSGInternationalSourcingLtd
2011 2012

EL 5%-10%

SGS 1878
BV 1828 Intertek 1880

2
Q
H
S
E
2011
12
2015 2012 2
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HCIC

20 10-12%20

20 15%

GDP
2002

30%2009 17.8%2010 20%

2012 11%

CNAS

CMA

2011

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HCIC

SGSBV

CR12 25%
2008
SGSBV Intertek 5%4% 2% 2012
365 332 205

SGS2012 11 18 BV 2011
2012 25 Intertek 2012

WTO

60% 30% 10%2

95% 5%

2014

1/2

2014
3 11 2015

2013 500

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HCIC

SGS BV

2012 2013

23%

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HCIC

CRO

2008

2009

2010

2011

2012

25.38%

79.83%

69.96%

63.60%

51.50%

5.79%

1.90%

3.28%

2.52%

2.13%

52.49%

15.92%

20.59%

26.14%

37.13%

24.96%

2.44%

0.77%

0.24%

1.26%

35.43%

5.58%

6.30%

7.11%

10.71%

2.02

7.37

7.75

8.51

9.59

2009 5.09 2012

2.9

5
2012 63.22%
2012
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HCIC

2013

90% 22% 79%1

98%
2011 23%2012 26%

2008
31.90%
5.16%
24.20%
16.03%
1.02%
0.34%
0.00%
21.35%
1.84%
0.29%
22.90%
21.87%

2009
35.68%
5.04%
22.73%
11.31%
0.10%
0.37%
-1.12%
23.64%
2.81%
0.36%
26.10%
21.45%

2010
37.11%
5.00%
26.08%
13.96%
-2.65%
0.29%
1.28%
21.50%
1.86%
0.14%
23.21%
19.14%

2011
34.14%
5.11%
21.32%
20.05%
-2.06%
0.32%
0.23%
21.35%
2.36%
0.12%
23.60%
19.36%

2012
35.18%
3.17%
18.49%
23.34%
-1.32%
0.43%
0.00%
20.71%
2.46%
0.05%
23.12%
19.23%

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HCIC

2008

2009

2010

2011

2012

4,096.77

8,728.39

9,082.07

13,475.01

15,847.94

-5,594.60

-3,881.05

-8,460.13

-9,843.73

-8,128.90

2,747.69

49,542.27

-5,235.04

-3,802.79

-4,551.24

5,208.07

3,617.91

6,955.67

-599.01

8000

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2012
2013

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HCIC

2010-2012
52%400%52% 2011

2009

2010

2011

2012

215,067.77

198,896.42

252,914.46

259,961.50

56,597.27

60,038.99

84,727.27

92,963.20

3.80

3.31

2.99

2.80

498,436.83

534,272.81

519,733.98

517,956.91

/
/

2008

2009

2010

2011

2012

0.98

0.99

1.08

0.65

0.76

0.72

0.75

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HCIC

2012

EBIT

2009

2010

2011

2012

1.17

1.12

1.11

1.01

23.64%

21.50%

21.35%

20.71%

1.33

1.17

1.15

1.18

ROE

36.85%

28.25%

27.24%

24.68%

ROE

13.69%

9.68%

12.74%

14.46%

ROE ROE
ROE

1.37

1
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HCIC

2013 7.76 25.94%

1.83 33.20%
2014

2013

www.hcicdl.com
hcicdl
HCIC
cs@hcicdl.com

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