点评:中兴通讯4月26日公布了2005年第1季度报告,主营收入、净利润增幅分别为13.3%、46.3%,每股净收益为0.24元。尽管1季度中兴签单及发货额同比均有所下降,但在新收入确认准则下收入仍较2004Q1增长13.3%。同时,产品结构改变提升毛利率、费用控制、实际所得税率下降、少数股东权 Comments: ZTE April 26 announced the first quarter of 2005 report, main income, net profit growth was 13.3%, 46.3%, net income per share of 0.24 yuan. Although ZTE’s signings and shipments in 1Q11 both decreased on a year-on-year basis, revenue under the new revenue recognition standard still increased by 13.3% over 2004Q1. At the same time, product structure changes to improve gross margin, cost control, the actual income tax rate decreased, minority rights