Senvest Capital Inc. (SEC) 2016年年度报告「TSX」.pdf

1、Financial HighlightsSELECTED FINANCIAL DATA(In thousands,except per share amounts)(years ended December 31)2016 2015 2014 2013 2012$SUMMARY OF OPERATIONSTotal revenues and investment gains(loss)335,828 (166,763)297,551 489,676 154,035Net income(loss)117,181 (111,261)141,179 243,324 81,470Diluted ear

2、nings(loss)per share 34.50 (35.39)41.26 73.20 25.65FINANCIAL DATATotal assets 2,563,217 2,146,380 2,020,142 1,400,326 728,409Total equity 942,562 856,290 821,740 630,362 358,831COMMON STOCK INFORMATIONThe companys common shares are listed on the Toronto Stock Exchange under the symbol SEC.2016 2015$

3、FISCAL QUARTER High Low High LowFirst 153.00 122.42 169.00 151.07Second 173.00 126.00 198.00 166.13Third 154.00 134.91 200.00 160.25Fourth 181.99 148.47 165.51 151.05TOTAL ASSETS($thousands)TOTAL EQUITY($thousands)BOOK VALUE PER SHARE12016 annual report2012 2013 2014 2015 20162012 2013 2014 2015 201

4、62012 2013 2014 2015 2016728,4091,400,3262,020,1422,146,3802,563,217358,831630,362821,740856,290942,362117.50201.69264.00276.00304.002Managements Discussion and Analysis2016 annual reportOVERALL PERFORMANCEThe biggest global story in the fourth quarter was the historic and surprising outcome of the

5、U.S.Presidential election.Following the Donald Trump victory,U.S.equity markets moved higher,confounding expectations of many that a Trump win would damage equity markets.As Trump kept rising in the polls prior to Election Day,stocks had moved lower.In fact,U.S.equities fell for nine straight sessio

6、ns up to the Friday before November 8,the longest losing streak since 1980,“as investors grew increasingly nervous about the rising odds of Republican presidential hopeful Donald Trump prevailing over Democratic rival Hillary Clinton”(CBS News).After an initial plunge of more than 5%in the S&P 500 f