5
ADP



Company name in Chinese: 安德普翰 Company name in English: ADP
Headquarters: New Jersey, United States of America Country: United States of America
Established: 1949 Website: http://www.adp.com
Main Business: Human Resource Outsourcing Annual revenue of 2013: 11,310 million dollars
Stock Exchange: NASDAQ Stock Market Stock Code: ADP
About: ADP (NASDAQ:ADP), founded in 1949, with annual income of nearly 10 billion USD and 570, 000 customers all over the world, is one of the world largest outsourcing solution providers. With nearly 60 years’ senior experience in the industry, ADP provides the most comprehensive human resources, remuneration, taxes and welfare management solutions in the industry. ADP also provides world’s leading integrated computer information solutions to global sedan, truck, motorcycle, ship and recreational vehicle dealers. In 2006, ADP entered Chinese market and began to provide world first-class human resources services and dealer services to companies in China through products of GlobalView® and Autoline®. In 2009, ADP successfully purchased China Link with an aim to bring more comprehensive localized human resources outsourcing solutions to Chinese market.

Major financial data in Fiscal 2013(Unit: $ million)

Operating profit Net profit Pre-tax profit Shareholders' equity
2,084 1,406 2,084 6,190
Total assets by the end of 2013 Average total assets Current assets Current liabilities
32,268 31,542 26,201 24,733
Receivable by the end of 2013 Average receivable Total liabilities Interest expense
1,598 1,499 26,078 9

Major financial ratios in Fiscal 2013:

Indicator Ratio Compared with industry average Indicator Ratio Compared with industry average
Revenue growth rate 6.5% Higher Net profit margin 12.4% Higher
Total turnover ratio 0.4 Lower ROE 22.7% Higher
Accounts receivable turnover ratio 7.5 Lower Debt-asset ratio 80.8% Higher
ROA 4.4% Lower Current ratio 1.1 Lower
Operating margin 18.4% Higher Times Interest Earned 230.04 Higher