中商官网
研究报告
亚太卫星（HK1045）
主要经济指标
| 类别\年份 | 营业额 （港元) |
营业额同比 （%) |
营业利润 （港元) |
营业利润同比 （%) |
利润总额 （港元) |
利润总额同比 （%) |
净利润 （港元) |
净利润同比 （%) |
| 2023-12 | 833975000.0000 | -11.68 | 355565000.0000 | -21.86 | 279021000.0000 | -2.87 | 237654000.0000 | 2.61 |
| 2024-06 | 391842000.0000 | -6.64 | 146705000.0000 | -21.89 | 117582000.0000 | -15.92 | 101660000.0000 | -13.72 |
| 2024-12 | 784650000.0000 | -5.91 | 284129000.0000 | -20.09 | 233265000.0000 | -16.40 | 205221000.0000 | -13.65 |
| 2022-12 | 944305000.0000 | 1.78 | 455050000.0000 | 1.94 | 287267000.0000 | -9.92 | 231610000.0000 | -12.06 |
| 2023-06 | 419728000.0000 | -15.79 | 187812000.0000 | -25.31 | 139851000.0000 | -16.89 | 117829000.0000 | -11.94 |
| 2022-06 | 498402000.0000 | 10.75 | 251454000.0000 | 14.83 | 168264000.0000 | 13.32 | 133808000.0000 | 11.06 |
| 2021-12 | 927807000.0000 | 4.34 | 446396000.0000 | 13.35 | 318910000.0000 | 13.31 | 263382000.0000 | 13.79 |
| 2020-06 | 456155000.0000 | -19.26 | 192173000.0000 | -36.60 | 98748000.0000 | -64.38 | 79575000.0000 | -66.09 |
| 2021-06 | 450039000.0000 | -1.34 | 218984000.0000 | 13.95 | 148492000.0000 | 50.37 | 120478000.0000 | 51.40 |
| 2020-12 | 889231000.0000 | -16.31 | 393819000.0000 | -26.54 | 281447000.0000 | -35.46 | 231462000.0000 | -36.12 |
| 2019-06 | 564976000.0000 | -9.36 | 303092000.0000 | -21.49 | 277226000.0000 | -16.89 | 234666000.0000 | -16.06 |
| 2019-12 | 1062565000.0000 | -14.15 | 536115000.0000 | -27.17 | 436093000.0000 | -29.62 | 362326000.0000 | -28.54 |
| 2018-12 | 1237712000.0000 | 2.51 | 736102000.0000 | -0.58 | 619628000.0000 | -0.35 | 507007000.0000 | 0.49 |
| 2017-12 | 1207440000.0000 | -1.83 | 740361000.0000 | 0.41 | 621792000.0000 | 2.39 | 504557000.0000 | 2.22 |
| 2017-06 | 598881000.0000 | -0.76 | 363495000.0000 | 1.70 | 299764000.0000 | 0.90 | 241951000.0000 | -0.07 |
| 2018-06 | 623343000.0000 | 4.08 | 386067000.0000 | 6.21 | 333557000.0000 | 11.27 | 279558000.0000 | 15.54 |
| 2016-12 | 1229933000.0000 | 2.97 | 737345000.0000 | 1.21 | 607303000.0000 | -3.01 | 493608000.0000 | -3.94 |
| 2015-06 | 597927000.0000 | -4.78 | 366260000.0000 | -7.46 | 340947000.0000 | 12.31 | 285244000.0000 | 9.56 |
| 2015-12 | 1194411000.0000 | -4.26 | 728513000.0000 | -6.58 | 626135000.0000 | 1.19 | 513831000.0000 | 1.14 |
| 2016-06 | 603467000.0000 | 0.93 | 357413000.0000 | -2.42 | 297092000.0000 | -12.86 | 242120000.0000 | -15.12 |
| 2013-12 | 1138055000.0000 | 26.36 | 729980000.0000 | 38.19 | 647631000.0000 | 68.47 | 545471000.0000 | 53.90 |
| 2014-12 | 1247518000.0000 | 9.62 | 779828000.0000 | 6.83 | 618789000.0000 | -4.45 | 508045000.0000 | -6.86 |
| 2014-06 | 627940000.0000 | 12.31 | 395768000.0000 | 5.40 | 303582000.0000 | -8.63 | 260361000.0000 | -6.67 |
| 2012-12 | 900611000.0000 | 18.76 | 528248000.0000 | 33.30 | 384419000.0000 | 6.68 | 354435000.0000 | 26.17 |
| 2013-06 | 559091000.0000 | 38.96 | 375509000.0000 | 75.95 | 332258000.0000 | 132.90 | 278960000.0000 | 166.41 |
| 2012-06 | 402337000.0000 | 8.12 | 213412000.0000 | 11.83 | 142660000.0000 | 1.91 | 104712000.0000 | 1.53 |
| 2010-12 | 719435000.0000 | 24.44 | 350076000.0000 | 36.71 | 272433000.0000 | 28.56 | 198499000.0000 | -21.88 |
| 2011-06 | 372125000.0000 | 2.47 | 190837000.0000 | 10.12 | 139989000.0000 | 4.91 | 103134000.0000 | 5.77 |
| 2011-12 | 758317000.0000 | 5.40 | 396279000.0000 | 13.20 | 360341000.0000 | 32.27 | 280923000.0000 | 41.52 |
| 2010-06 | 363157000.0000 | 58.23 | 173306000.0000 | 79.40 | 133437000.0000 | 91.93 | 97507000.0000 | 84.62 |
| 2008-12 | 403672000.0000 | -10.62 | 126091000.0000 | -7.85 | 92051000.0000 | 265.85 | 49587000.0000 | 788.50 |
| 2009-06 | 229519000.0000 | 15.93 | 96602000.0000 | 71.01 | 69525000.0000 | 761.84 | 52814000.0000 | 667.42 |
| 2009-12 | 578115000.0000 | 43.21 | 256066000.0000 | 103.08 | 211904000.0000 | 130.20 | 254084000.0000 | 412.40 |
| 2007-12 | 451626000.0000 | 5.77 | 136834000.0000 | 54.22 | 25161000.0000 | -202.75 | 5581000.0000 | -107.02 |
| 2007-06 | 230685000.0000 | 10.91 | 65422000.0000 | 61.54 | 11679000.0000 | -167.87 | 5023000.0000 | -123.76 |
| 2008-06 | 197987000.0000 | -14.17 | 56490000.0000 | -13.65 | 8067000.0000 | -30.93 | 6882000.0000 | 37.01 |
| 2005-12 | 336512000.0000 | 21.37 | 35319000.0000 | 8.66 | -123402000.0000 | 171.86 | -135564000.0000 | 126.10 |
| 2006-06 | 207996000.0000 | 44.19 | 40499000.0000 | 74.51 | -17207000.0000 | 569.01 | -21139000.0000 | 103.46 |
| 2006-12 | 426988000.0000 | 26.89 | 88729000.0000 | 151.22 | -24488000.0000 | -80.16 | -79480000.0000 | -41.37 |
| 2004-06 | 130623000.0000 | -13.64 | -3978000.0000 | -141.91 | -40244000.0000 | -75.44 | -50992000.0000 | -68.67 |
| 2003-12 | 302241000.0000 | -14.00 | 21922000.0000 | -71.04 | -213920000.0000 | -463.43 | -224718000.0000 | -1019.66 |
| 2005-06 | 144252000.0000 | 10.43 | 23207000.0000 | -683.38 | -2572000.0000 | -93.61 | -10390000.0000 | -79.62 |
| 2004-12 | 277260000.0000 | -8.27 | 32505000.0000 | 48.28 | -45391000.0000 | -78.78 | -59957000.0000 | -73.32 |
| 2002-12 | 351425000.0000 | -6.08 | 75708000.0000 | -29.99 | 58861000.0000 | -43.38 | 24435000.0000 | -68.68 |
| 2003-06 | 151261000.0000 | -14.37 | 9492000.0000 | -78.62 | -163849000.0000 | -449.31 | -162743000.0000 | -631.28 |
| 2002-06 | 176644000.0000 | -5.96 | 44389000.0000 | -24.46 | 46907000.0000 | -32.79 | 30632000.0000 | -42.07 |
| 2000-12 | 341496000.0000 | -29.14 | 79978000.0000 | -36.74 | 177507000.0000 | -60.23 | 142996000.0000 | -61.82 |
| 2001-06 | 187831000.0000 | 15.17 | 58763000.0000 | 78.57 | 69795000.0000 | 56.88 | 52882000.0000 | 78.67 |
| 2001-12 | 374158000.0000 | 9.56 | 108143000.0000 | 35.22 | 103956000.0000 | -41.44 | 78009000.0000 | -45.45 |
| 2000-06 | 163095000.0000 | -- | 32907000.0000 | -- | 44489000.0000 | -- | 29597000.0000 | -- |
| 1999-12 | 481958000.0000 | -- | 126432000.0000 | -- | 446303000.0000 | -- | 374539000.0000 | -- |
盈利能力分析
| 类别\年份 | 销售毛利率 （%) |
主营利润率 （%) |
总资产利润率 （%) |
净资产收益率 （%) |
存货周转率 | 应收账款周转率 （次) |
总资产周转率 （次) |
| 2023-12 | 42.63 | 40.5300 | 3.94 | 3.9100 | -- | -- | 0.12 |
| 2024-06 | 37.44 | 36.2400 | 1.68 | 1.6900 | -- | -- | 0.06 |
| 2024-12 | 36.21 | 36.9400 | 3.35 | 3.3700 | -- | -- | 0.11 |
| 2022-12 | 48.19 | 36.7600 | 4.03 | 3.8200 | -- | -- | 0.13 |
| 2023-06 | 44.75 | 40.3200 | 1.99 | 1.9700 | -- | -- | 0.06 |
| 2022-06 | 50.45 | 38.5400 | 2.33 | 2.2100 | -- | -- | 0.07 |
| 2021-12 | 48.11 | 39.1300 | 4.37 | 4.2900 | -- | -- | 0.13 |
| 2020-06 | 42.13 | 22.8600 | 1.41 | 1.3800 | -- | -- | 0.06 |
| 2021-06 | 48.66 | 38.7100 | 2.06 | 2.0100 | -- | -- | 0.06 |
| 2020-12 | 44.29 | 33.1200 | 3.91 | 3.9000 | -- | -- | 0.12 |
| 2019-06 | 53.65 | 49.0600 | 4.01 | 4.0600 | -- | -- | 0.08 |
| 2019-12 | 50.45 | 42.2000 | 6.16 | 6.1900 | -- | -- | 0.15 |
| 2018-12 | 59.47 | 49.9100 | 8.66 | 8.9800 | -- | -- | 0.17 |
| 2017-12 | 61.32 | 51.4900 | 8.49 | 9.5200 | -- | -- | 0.16 |
| 2017-06 | 60.70 | 50.0600 | 4.36 | 4.7900 | -- | -- | 0.09 |
| 2018-06 | 61.93 | 53.5600 | 4.13 | 5.1000 | -- | -- | 0.08 |
| 2016-12 | 59.95 | 49.3700 | 9.40 | 10.1800 | -- | -- | 0.19 |
| 2015-06 | 61.25 | 57.0200 | 4.97 | 6.7000 | -- | -- | 0.09 |
| 2015-12 | 60.99 | 52.4200 | 10.20 | 11.5500 | -- | -- | 0.19 |
| 2016-06 | 59.23 | 49.2300 | 4.90 | 5.2100 | -- | -- | 0.10 |
| 2013-12 | 64.14 | 56.9100 | 11.68 | 15.2500 | -- | -- | 0.21 |
| 2014-12 | 62.51 | 49.6000 | 9.43 | 12.6700 | -- | -- | 0.19 |
| 2014-06 | 63.03 | 48.3500 | 5.33 | 6.8600 | -- | -- | 0.11 |
| 2012-12 | 58.65 | 42.6800 | 7.65 | 11.4800 | -- | -- | 0.18 |
| 2013-06 | 67.16 | 59.4300 | 6.37 | 8.3500 | -- | -- | 0.11 |
| 2012-06 | 53.04 | 35.4600 | 2.58 | 3.6800 | -- | -- | 0.07 |
| 2010-12 | 48.66 | 37.8700 | 7.16 | 7.9800 | -- | -- | 0.19 |
| 2011-06 | 51.28 | 37.6200 | 3.25 | 3.9700 | -- | -- | 0.09 |
| 2011-12 | 52.26 | 47.5200 | 7.56 | 10.1900 | -- | -- | 0.16 |
| 2010-06 | 47.72 | 36.7400 | 4.03 | 4.0900 | -- | -- | 0.11 |
| 2008-12 | 31.24 | 22.2100 | 3.62 | 2.4300 | -- | -- | 0.16 |
| 2009-06 | 42.09 | 30.2900 | 2.43 | 2.5300 | -- | -- | 0.08 |
| 2009-12 | 44.29 | 36.6500 | 6.79 | 11.1000 | -- | -- | 0.19 |
| 2007-12 | 30.30 | 5.7700 | 0.80 | 0.2800 | -- | -- | 0.14 |
| 2007-06 | 28.36 | 5.3100 | 0.35 | 0.2500 | -- | -- | 0.07 |
| 2008-06 | 28.53 | 3.0500 | 0.27 | 0.3400 | -- | -- | 0.07 |
| 2005-12 | 10.50 | -34.3000 | -3.41 | -6.5900 | -- | -- | 0.09 |
| 2006-06 | 19.47 | -8.0600 | -0.49 | -1.0400 | -- | -- | 0.06 |
| 2006-12 | 20.78 | -6.2500 | -0.72 | -4.0100 | -- | -- | 0.13 |
| 2004-06 | -3.05 | -30.6900 | -1.24 | -2.3200 | -- | -- | 0.04 |
| 2003-12 | 7.25 | -49.3300 | -6.47 | -9.9700 | -- | -- | 0.09 |
| 2005-06 | 16.09 | 0.2300 | -0.07 | -0.4800 | -- | -- | 0.04 |
| 2004-12 | 11.72 | -15.3900 | -1.25 | -2.7300 | -- | -- | 0.08 |
| 2002-12 | 21.54 | 19.7700 | 1.76 | 0.9900 | -- | -- | 0.11 |
| 2003-06 | 6.28 | -72.3900 | -5.23 | -7.0600 | -- | -- | 0.05 |
| 2002-06 | 25.13 | 29.4300 | 1.44 | 1.2400 | -- | -- | 0.05 |
| 2000-12 | 23.42 | 52.3700 | 5.19 | 5.8400 | -- | -- | 0.10 |
| 2001-06 | 31.29 | 38.1700 | 2.13 | 2.1700 | -- | -- | 0.06 |
| 2001-12 | 28.90 | 29.1400 | 3.17 | 3.1700 | -- | -- | 0.11 |
| 2000-06 | 20.18 | 27.2800 | -- | -- | -- | -- | -- |
| 1999-12 | 26.23 | 92.6000 | 11.77 | 15.8800 | -- | -- | 0.13 |
偿债能力分析
| 类别\年份 | 资产负债率 （%) |
股东权益比率 （%) |
流动比率 | 速动比率 |
| 2023-12 | 14.18 | 85.82 | 9.80 | 9.80 |
| 2024-06 | 13.82 | 86.18 | 10.14 | 10.14 |
| 2024-12 | 12.60 | 87.40 | 12.27 | 12.27 |
| 2022-12 | 14.87 | 85.13 | 9.72 | 9.72 |
| 2023-06 | 14.66 | 85.34 | 9.51 | 9.51 |
| 2022-06 | 16.22 | 83.78 | 6.61 | 6.61 |
| 2021-12 | 15.92 | 84.08 | 6.65 | 6.65 |
| 2020-06 | 17.84 | 82.16 | 4.37 | 4.37 |
| 2021-06 | 16.46 | 83.54 | 6.22 | 6.22 |
| 2020-12 | 17.45 | 82.55 | 5.16 | 5.16 |
| 2019-06 | 16.48 | 83.52 | 4.35 | 4.35 |
| 2019-12 | 17.37 | 82.63 | 4.44 | 4.44 |
| 2018-12 | 21.06 | 78.94 | 2.26 | 2.26 |
| 2017-12 | 27.64 | 72.36 | 3.55 | 3.55 |
| 2017-06 | 26.45 | 73.55 | 2.18 | 2.18 |
| 2018-06 | 32.24 | 67.76 | 1.76 | 1.76 |
| 2016-12 | 24.97 | 75.03 | 2.86 | 2.86 |
| 2015-06 | 38.01 | 61.99 | 1.93 | 1.93 |
| 2015-12 | 27.53 | 72.47 | 3.28 | 3.28 |
| 2016-06 | 23.39 | 76.61 | 4.97 | 4.97 |
| 2013-12 | 35.52 | 64.48 | 5.28 | 5.28 |
| 2014-12 | 38.92 | 61.08 | 2.14 | 2.14 |
| 2014-06 | 33.45 | 66.55 | 4.77 | 4.77 |
| 2012-12 | 38.61 | 61.39 | 5.14 | 5.14 |
| 2013-06 | 35.98 | 64.02 | 7.28 | 7.28 |
| 2012-06 | 48.47 | 51.53 | 1.98 | 1.98 |
| 2010-12 | 34.59 | 65.41 | 0.58 | 0.58 |
| 2011-06 | 39.80 | 60.20 | 1.05 | 1.05 |
| 2011-12 | 42.16 | 57.84 | 1.01 | 1.01 |
| 2010-06 | 27.88 | 72.12 | 1.01 | 1.01 |
| 2008-12 | 19.86 | 80.14 | 1.71 | 1.71 |
| 2009-06 | 26.95 | 73.05 | 2.94 | 2.94 |
| 2009-12 | 26.60 | 73.40 | 0.97 | 0.97 |
| 2007-12 | 36.58 | 63.42 | 1.29 | 1.29 |
| 2007-06 | 40.18 | 59.82 | 1.61 | 1.61 |
| 2008-06 | 33.98 | 66.02 | 1.26 | 1.26 |
| 2005-12 | 42.96 | 57.04 | 1.63 | 1.63 |
| 2006-06 | 42.17 | 57.83 | 1.66 | 1.66 |
| 2006-12 | 41.83 | 58.17 | 1.60 | 1.60 |
| 2004-06 | 31.94 | 68.06 | 1.75 | 1.75 |
| 2003-12 | 31.66 | 68.34 | 2.74 | 2.74 |
| 2005-06 | 43.96 | 56.04 | 1.51 | 1.51 |
| 2004-12 | 39.32 | 60.68 | 3.29 | 3.29 |
| 2002-12 | 25.88 | 74.12 | 2.52 | 2.52 |
| 2003-06 | 26.25 | 73.75 | 1.58 | 1.58 |
| 2002-06 | 23.68 | 76.32 | 5.08 | 5.08 |
| 2000-12 | 28.42 | 71.58 | 5.81 | 5.81 |
| 2001-06 | 25.51 | 74.49 | 8.26 | 8.26 |
| 2001-12 | 24.87 | 75.13 | 6.31 | 6.31 |
| 2000-06 | -- | -- | -- | -- |
| 1999-12 | 37.81 | 62.19 | 3.42 | 3.42 |
成本费用分析
| 类别\年份 | 销售成本 （港元) |
销售费用 （港元) |
管理费用 （港元) |
财务费用 （港元) |
| 2023/12/31 0:00:00 | 478410000.0000 | -- | 99848000.0000 | 5765000.0000 |
| 2024/6/30 0:00:00 | 245137000.0000 | -- | 53067000.0000 | 2557000.0000 |
| 2024/12/31 0:00:00 | 500521000.0000 | -- | 100407000.0000 | 5056000.0000 |
| 2022/12/31 0:00:00 | 489255000.0000 | -- | 109206000.0000 | 7013000.0000 |
| 2023/6/30 0:00:00 | 231916000.0000 | -- | 48292000.0000 | 2887000.0000 |
| 2022/6/30 0:00:00 | 246948000.0000 | -- | 49241000.0000 | 3096000.0000 |
| 2021/12/31 0:00:00 | 481411000.0000 | -- | 120336000.0000 | 6189000.0000 |
| 2020/6/30 0:00:00 | 263982000.0000 | -- | 84679000.0000 | 3516000.0000 |
| 2021/6/30 0:00:00 | 231055000.0000 | -- | 47605000.0000 | 3158000.0000 |
| 2020/12/31 0:00:00 | 495412000.0000 | -- | 153676000.0000 | 6797000.0000 |
| 2019/6/30 0:00:00 | 261884000.0000 | -- | 66614000.0000 | 6312000.0000 |
| 2019/12/31 0:00:00 | 526450000.0000 | -- | 133381000.0000 | 8986000.0000 |
| 2018/12/31 0:00:00 | 501610000.0000 | -- | 123078000.0000 | 10562000.0000 |
| 2017/12/31 0:00:00 | 467079000.0000 | -- | 121985000.0000 | -- |
| 2017/6/30 0:00:00 | 235386000.0000 | -- | 58357000.0000 | -- |
| 2018/6/30 0:00:00 | 237276000.0000 | -- | 58453000.0000 | -- |
| 2016/12/31 0:00:00 | 492588000.0000 | -- | 118732000.0000 | 9283000.0000 |
| 2015/6/30 0:00:00 | 231667000.0000 | -- | 56467000.0000 | 9763000.0000 |
| 2015/12/31 0:00:00 | 465898000.0000 | -- | 131949000.0000 | 18039000.0000 |
| 2016/6/30 0:00:00 | 246054000.0000 | -- | 58537000.0000 | 9286000.0000 |
| 2013/12/31 0:00:00 | 408075000.0000 | -- | 133578000.0000 | 27928000.0000 |
| 2014/12/31 0:00:00 | 467690000.0000 | -- | 118377000.0000 | 25139000.0000 |
| 2014/6/30 0:00:00 | 232172000.0000 | -- | 55358000.0000 | 13457000.0000 |
| 2012/12/31 0:00:00 | 372363000.0000 | -- | 114779000.0000 | 21250000.0000 |
| 2013/6/30 0:00:00 | 183582000.0000 | -- | 48693000.0000 | 14266000.0000 |
| 2012/6/30 0:00:00 | 188925000.0000 | -- | 52979000.0000 | 4517000.0000 |
| 2010/12/31 0:00:00 | 369359000.0000 | -- | 76788000.0000 | 6330000.0000 |
| 2011/6/30 0:00:00 | 181288000.0000 | -- | 42020000.0000 | 11759000.0000 |
| 2011/12/31 0:00:00 | 362038000.0000 | -- | 94643000.0000 | 21941000.0000 |
| 2010/6/30 0:00:00 | 189851000.0000 | -- | 39302000.0000 | 3682000.0000 |
| 2008/12/31 0:00:00 | 277581000.0000 | -- | 84838000.0000 | 24844000.0000 |
| 2009/6/30 0:00:00 | 132917000.0000 | -- | 34203000.0000 | 15000.0000 |
| 2009/12/31 0:00:00 | 322049000.0000 | -- | 80680000.0000 | 4868000.0000 |
| 2007/12/31 0:00:00 | 314792000.0000 | -- | 81896000.0000 | 55345000.0000 |
| 2007/6/30 0:00:00 | 165263000.0000 | -- | 37117000.0000 | 28764000.0000 |
| 2008/6/30 0:00:00 | 141497000.0000 | -- | 47592000.0000 | 15036000.0000 |
| 2005/12/31 0:00:00 | 301193000.0000 | -- | 77199000.0000 | 36942000.0000 |
| 2006/6/30 0:00:00 | 167497000.0000 | -- | 35358000.0000 | 31055000.0000 |
| 2006/12/31 0:00:00 | 338259000.0000 | -- | 88957000.0000 | 64140000.0000 |
| 2004/6/30 0:00:00 | 134601000.0000 | -- | 39569000.0000 | -- |
| 2003/12/31 0:00:00 | 280319000.0000 | -- | 74892000.0000 | -- |
| 2005/6/30 0:00:00 | 121045000.0000 | -- | 37031000.0000 | 8629000.0000 |
| 2004/12/31 0:00:00 | 244755000.0000 | -- | 78680000.0000 | 4117000.0000 |
| 2002/12/31 0:00:00 | 275717000.0000 | -- | 69886000.0000 | -- |
| 2003/6/30 0:00:00 | 141769000.0000 | -- | 31584000.0000 | -- |
| 2002/6/30 0:00:00 | 132255000.0000 | -- | 31394000.0000 | -- |
| 2000/12/31 0:00:00 | 261518000.0000 | -- | 65540000.0000 | 15338000.0000 |
| 2001/6/30 0:00:00 | 129068000.0000 | -- | 29481000.0000 | 5644000.0000 |
| 2001/12/31 0:00:00 | 266015000.0000 | -- | 71922000.0000 | 5644000.0000 |
| 2000/6/30 0:00:00 | 130188000.0000 | -- | 19646000.0000 | 8446000.0000 |
| 1999/12/31 0:00:00 | 355526000.0000 | -- | 84395000.0000 | 31750000.0000 |