A table read three, Huacan 25 LED 1Q17 enterprise performance

With the disclosure of 2016 annual report ending, a quarterly listing of companies have unveiled. According to incomplete statistics compiled by LEDinside, as of April 27th, there are 25 LED listed companies disclosed a quarterly in 2017.

Note: table 1Q17 net profit attributable to shareholders of Listed Companies in the first quarter of 2017 net profit attributable to shareholders

Throughout the above business report card, operating income grew by 23, attributable to shareholders of listed companies net profit growth of up to 21. It is worth noting that the rectangular group, and in the sea of Wang Zhaoming appeared "income does not increase profits" phenomenon.

The rise in net profit growth in the enterprise, more significant is changelight, HC semitek, Mason technologies and Alto electronics, the enterprise 1Q17 net profit year-on-year growth of more than 200%, the growth rate reached changelight rare 7598.90%, followed by HC semitek, net profit growth 681.13%.

According to the April 17th announcement, the company in 2017 to March net profit of 41 million 573 thousand yuan (same period last year was $540 thousand), an increase of 7598.90%. The performance of LED market growth mainly benefited from positive changes, chip products market demand, prices are showing a good momentum of development, at the same time, red and yellow, blue and green chip production is improved, the blue chip production over the same period last year increased more than 1 times.

Hua Yue optoelectronics, revenue and gross profit margin to improve the performance of the company during the reporting period a substantial improvement over the past year, the company has become the main reason for the sharp increase in profits this quarter.

A quarter of HC semitek overall operating in good condition, the overall business situation is steady upward, with the LED chip industry to pick up and part of the company's production capacity and technical efficiency of production equipment, production scale increased significantly compared with the previous year, operating income of 506 million 414 thousand and 800 yuan, an increase of 110.71% compared to the same period last year. At the same time during the reporting period compared to the same period last year added a merger of aquamarine technology sapphire business module income, to further enhance the overall income level of the company. Part of the LED expansion capacity ahead of the release of the company's production capacity increase in the overall supply capacity, capacity utilization rate is higher under the condition of further reducing the average cost per unit of product, makes the company's gross margin reached 33.24%, significantly higher than the previous year, the overall gross profit margin increased by more than 20%.

LED the overall performance of listed companies to the good, the vast majority of enterprises to achieve a substantial profit, only Mao Shuo power and Tianlong photoelectric net profit is negative. Decline in net profit of 4 companies, including the group's largest net profit decline of up to 85.36%.

The reason for the change in performance, a group said that the first quarter of 2017, the relocation of factories, resulting in some capacity can not be effectively released; Ltd. Huizhou Industrial Park plant has been completed into fixed assets, depreciation, but has yet to generate economic benefits, have a certain influence on the company's net profit; the impact of non recurring profit of net profit amounted to approximately 3 million 400 thousand yuan. (text /LEDinside Nicole)

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