45 LED companies report a quarterly summary: net profit growth is up to 385.12%

By the end of 4, the performance disclosure of A - Share Listed Companies in the first quarter was intensive. According to LEDinside incomplete statistics, as of 28, 45 LED companies have published the first quarter of 2018 report, looking at the first disclosure of the results, although the performance is probably good, but the "ice fire two days" scene.

In the 45 enterprises, more than 60% enterprises achieved performance growth, of which 5 net profit increased by 100%, up to 385.12%, but there were also 3 net profits of more than 100%, the maximum of -465.01%.

From 5 companies with a year-on-year growth rate of more than 100%, the upstream chip end includes de Ho Runda; the middle reaches of the package include Wan run technology and fufu electronics; downstream applications include Otto electronics; and Guangdong, which stripped the LED business at the end of last year.

In the above companies, the biggest increase in net profit is the Otto electronics. In the first quarter of 2018, Otto realized its total revenue of 410 million yuan, up 172.76% from the same year, mainly due to 192.02% of the revenue growth of LED applications. The net profit attributable to shareholders of listed companies was 44 million 137 thousand and 100 yuan, up 385.12% from the same period, mainly due to the expansion of the company's sales scale, the business income, and the gross profit increase. The growth rate is far below the growth rate of income.

It is worth mentioning that, among them, de la run DA and Guangdong were turned into profits over the same period. 1Q18's operating income was 870 million yuan, up 2.8% from the same period, and the net profit attributable to the shareholders of listed companies was 3 million 4 thousand and 700 yuan, with a increase of 103.47%. The company believes that the growth of the performance is mainly due to the increase in the sales of the chip products in the reporting period. The main reason for Guangdong to realize the net profit growth is to peel off the large original wholly owned subsidiary, Guangdong Deli photoelectric Co., Ltd., and the deferred income balance of the government subsidy of the LED project is 15 million 330 thousand yuan once into the current income, and the company's purchase of "Yun Xin - Hong Rui 24 collection fund trust" has a larger float in this report period. Make a loss.

However, among the 16 enterprises with a year-on-year decline in net profit, Jin late, Mao Shuo power, and fleny sound are in turn to occupy the top three top of the net profit list.

In 1-3 months of 2018, Kinlet achieved 230 million yuan in operating income, down 16.85% from the year on year; the net profit attributable to the shareholders of the listed companies was -1201.58 million, which fell to 465.01% from the year on year. The company said that the appreciation of the RMB, the increase in remittance losses, the decrease of sales business and the decline of product Maori resulted in a substantial decrease in net profit in the reporting period.

Mao Suk power 1Q18 suffered a double decline in net profit and achieved 271 million yuan in revenue, down 17.25% from the year on year, attributable to the net profit of the listed company's shareholders of -460.61 million, down 374.01% from the same year. The company said that the main reasons for the decline in performance include: exchange rate fluctuations and increase in exchange losses; the increase in operating income in the Spring Festival, the increase in the fixed cost of business income, and the decrease of gross interest rate caused by the increase of labor and material costs.

In addition, the performance of the 2017 annual performance of the annual performance of the musical sound of the same performance "Waterloo". In 2018, the company achieved 791 million yuan in 1-3 months, down 30.88% from the same year, and the net profit of the shareholders of the listed company was -1.98 billion yuan, down 240.32% from the same year. As for the cause of the decline in revenue, the music is mainly due to the first quarter of the traditional festival, the project progress is reduced.

For more information on LED, click on the LED network or pay attention to the WeChat public account (cnledw2013).