14 LED companies reporting the results of competition three net Toubajiaoyi firmly secured

China LED network news] as of August 21st, there are 14 LED companies officially disclosed in the report, the ability to compete with the traditional off-season, is to increase profits or continued losses, presumably every enterprise has its own words to say.

Most debt rate is flat topped Lehman minimum Dongshan precision

Although in the first half of 2015 to achieve revenue and net profit of 27.43% and double growth of $143.51%, but as much as the debt ratio of so that Dongshan precision in the 14 LED companies can be regarded as stand out". The same is also the middle of the increase in the benefits of Chau Ming technology and stressed the profit center of LIAN, the debt ratio was more than 50% and more than 40%.

In contrast, alto electronics and Lehman photoelectric respectively to 17.19% and 14.45% of the debt ratio of bottom".

In addition to the 10 LED enterprises in the debt ratio is between 25%-40% fluctuation, the difference among them, Silan and Yankon higher, Wright and Lin Yang Electronics is relatively low.

Although the debt ratio should not be too high or too low, but the company's strong capital operating capacity may be able to break the debt ratio back to normal levels.

Data sources: 2015 semi annual report, China LED network statistics

LED lighting gross margin is relatively low LED display gross margin difference

2015 interim data statistics, LED lighting applications is relatively low gross margin, gross margin of LED display applications is relatively high and the difference is not big, the Alto electronic LED gross margin was 39.75%, Chau Ming technology LED gross margin of 34.61%, Lehman photoelectric LED gross margin was 33.31%.

In the upstream areas, Sanan optoelectronics LED gross margin of 44.41% champion, an increase of 7.30 percentage points compared with 2014.

In addition, Guangdong Gan Hua Middle gross margin of -0.14%, Dongshan precision, Wright, LIAN opto mid gross margin is relatively low, respectively 12.90%, 15.22%, 14.31%.

Data sources: 2015 semi annual report, China LED network statistics

A total of 14 enterprises net profit of 17.71 billion secure top spot

In 2015 14 companies interim net profit amounted to 1 billion 771 million yuan, including Australia Shunchang, Yankon, Lin Yang Electronics net profit of more than 100 million yuan, 132 million yuan respectively, 178 million yuan, 169 million yuan, 904 million yuan in 14 to three LED companies of the top spot". It is across the LED industry chain, part of the package is just a little bit worse.

But due to the consolidation of the industry increased, LED display demand, alto electronics interim net profit of less than 10 million yuan, only 1 million 546 thousand and 600 yuan.

It is worth noting that, although Guangdong Gan Hua period in 2014 profit 6 million 209 thousand and 700 yuan, but in 2015 did not touch the "low" rise, continue to decline. Guangdong, a wholly owned subsidiary of German power photoelectric Co., Ltd. has not been able to achieve economies of scale, resulting in a certain degree of impact, the medium-term loss of 24 million 450 thousand and 200 yuan in 2015. (text / China LED network lurena)

Data sources: enterprises in 2015 semi annual report, China LED network statistics (unit: million)

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