Deposit subsidies rely on the risk of landing three new board Cody

Cody photoelectric landing three new board listed today trading, stock code is 833606, the transaction for the transaction agreement. According to its disclosure, CAITONG Securities for its hosted broker.

According to its public information, Cody's main business for LED light source product development, production and sales. The company belongs to the industry of electrical machinery and equipment manufacturing, the total share capital of 12 million shares, earnings per share of $0.17.

It is worth noting that the existence of a certain dependence on the risk of government subsidies to Cody photoelectric. According to the transfer instructions, 2015 1-4 month net of non recurring gains and losses of 56244.13 yuan, accounting for the proportion of the profit was 8.12%; 2014 annual non recurring gains and losses for 501958.91 yuan net profit, accounting for the proportion of 57.99%; 2013 annual non recurring gains and losses for 321245.62 yuan net profit, accounting for the proportion of 46.28%. 2013 year 2014 year non recurring net profit accounted for a larger proportion of 1-4 months of 2015 non recurring net profit attributable to the proportion fell sharply, mainly the 2013 year 2014 year net profit absolute amount is small, 1-4 months of 2015 the amount of government subsidies is relatively reduced, due to the increase in the absolute amount of net profit. Because Cody non recurring gains and losses are mainly government subsidies, if the future can not continue to receive government subsidies, the company's performance will be affected.

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