In 2017 40 LED listed companies annual report summary overview

Once a year the annual season is nearing completion, LEDinside to organize a 40 LED listed companies in 2017 annual results, the source of financial data of 38 enterprises for its annual report / express, while 2 others (Sanan optoelectronics, Xiamen XinDa) for the annual results notice. LEDinside mainly from the enterprise net profit to do list (as shown below), data from the graph we can clearly understand the operation of Listed Companies in 2017.

According to statistics, 40 LED listed companies net profit of 31 compared to 2016 showed a different rate of growth, especially Moso, changelight, Hongli Newell, REFOND, NVC performance in 2017 8 companies increased by more than 100%. Thus, LED industry overall development trend is good, we look forward to.

From the above data can be seen, Moso power 2017 annual revenue of about 1 billion 652 million yuan, an increase of 27.77%; net profit attributable to shareholders of listed companies was 13 million yuan, an increase of 830.65%, compared with 2016 net profit growth rate ranked first.

The reason for the net profit increased significantly, Moso said, the main reason is the release of production capacity, market development and product structure adjustment based on operating income to maintain good growth; the founder of the equity transfer schedule, investment income reflected.

Net profit growth rate of the second enterprises for light dry, the company in 2017 net profit of 211 million yuan, an increase of 335.2%. Changelight said, the main reason is an increase of benefit from the company adhere to determine the main business development strategy, main products production and sales year-on-year growth in unit cost, product gross margin increased.

Similarly, the distance information in 2017 full year operating income was 558 million yuan, an increase of 150.07%, attributable to shareholders of listed companies net profit of 244 million yuan, an increase of 180.36%, net profit rose third in figure. The report period operating income and profit growth for obvious reasons, the distance that the main line Zhejiang Weier Technology Co Ltd, Hangzhou Jing Hui Polytron Technologies Inc fully included in the scope of consolidation, and the increase in foreign investment income.

Two REFOND for rise in net profit mainly from the objective factors and subjective factors discussed, according to the annual report, the objective factor is due to the development of LED industry in recent years by economy, packaging industry concentration continues to increase, and the new LED industry applications continue to expand, bring new opportunities for the development of LED industry technology innovation enterprise. The subjective factors have three points: 1, the year 2017 the company general lighting related products recognized by the international market, sales increase; 2, full color outdoor display, IR, UV, LED vehicle product layout is also fully recognized by the market; 3, 2017, the company detailed production and management, the main production base Yiwu, Shenzhen Zhejiang to gradually optimize the product layout.

The middle reaches of the domestic packaging manufacturers Hongli Newell, in recent years the rapid development momentum. 2017 year, the company achieved operating income of 3 billion 698 million yuan, representing a growth of 63.76%, total profit of 425 million yuan, representing a growth of 164.45%, net profit attributable to shareholders of listed companies was 352 million yuan, up 154.87% over the same period last year. Hongli Newell said, there are two main reasons: first, the increase in the steady growth of the LED market, the size of the company's business development, the main business to maintain a steady growth; second, the company acquired subsidiaries included in the consolidated financial statements, business performance increase.

From NVC in 2017 sales, as of December 31, 2017, the company achieved sales revenue of 4 billion 63 million yuan, an increase of 6.7%, of which LED lighting products to achieve sales revenue of 3 billion 166 million yuan, an increase of 17.4%; sales gross profit 1 billion 173 million yuan, an increase of 14.9%, gross margin rose from 26.8% to 28.9%; realize the profit attributable to owners of the parent company 314 million yuan, an increase of 108.2%. NVC said, the profit growth was mainly from the new development of nearly two years of kitchen and township channels, 2018 with the help of LED industry and market opportunities continue to force, in the kitchen, the company will provide customized products, to further expand the channels of influence in the kitchen; Township channel side, the company will build up the rural electricity supplier platform, provide the basis for the design and decoration of the one-stop service for customers taking hydropower, broaden the lighting business company fundamentally.

The world is often mixed, the 40 enterprises in the annual report, although most enterprises net profit compared with last year have different degrees of increase, but still not optimistic, as shown above, Elec-Tech and Guangzhou Ganhua have negative growth in net profit in 2017.

Obviously, the net profit decline is the most fierce upstream chip companies LEDinside BDO Runda, from the results that the Elec-Tech 2017 net profit of -8.96 billion yuan, down 2926.29% over the previous year. As a senior chip factory, given in the report's explanation is: in the lighting business, the company in December 2016 the wholly owned subsidiary of BDO (Hongkong) Photoelectric Technology Co., Ltd. 100% stake sale to fund sacrificial jade (Hongkong) LED, BDO international lighting business Photoelectric Technology Co. Ltd. business also left the listed company the part of the LED system, the 2016 international lighting business to achieve sales revenue of about 569 million yuan. Therefore, the overall annual sales income of 2017 LED business declined slightly over the same period last year.

Guangdong Ganhua net profit fell for the reporting period, Guangdong Ganhua subsidiary Deli photoelectric limited to small scale enterprises, the production cost sharing higher internal factors, is still at a loss. At present, Germany still belongs to small businesses in the photoelectric LED epitaxy, chip industry, due to the scale of production capacity, operating efficiency is not ideal. (text: LEDinside Charline)

LED more information, please click on the LED network or the WeChat public account (cnledw2013).