Nationstar 2016 revenue of more than 2 billion 400 million, the first quarter of 2017 net profit growth

The evening of March 21st, nationstar released 2016 annual report, the company achieved total revenue of 2 billion 418 million 423 thousand and 900 yuan, representing a growth of 31.54%; attributable to shareholders of listed companies net profit of 192 million 320 thousand and 200 yuan, representing a growth of 20.02%; earnings per share 0.4042 yuan; weighted average return on net assets was 6.85%; as of December 31, 2016, total assets of 5 billion 676 million 27 thousand and 300 yuan, an increase of 29.23% over the beginning.

The main financial data and index

From the revenue point of view, during the reporting period, epitaxy and chip products revenue reached 996 billion 782 million 376 thousand yuan, an increase of 13.22%, LED packaging and assembly product revenue was 21 trillion and 693 billion 557 million 39 thousand and 900 yuan, up 36.27% over the same period last year.

The revenue structure

According to the announcement, the reporting period, the parent company of SMD LED products production and sales have a larger growth, the sales volume increased 17 billion 130 million over the previous year, an increase of 85.01%, increase in the number of production of 18 billion 842 million over the previous year, an increase of 94.37% over the previous year; a subsidiary of chip production increased by 10 billion 488 million, an increase of 89.77%. A subsidiary of chip sales increased by 10 billion 983 million compared with last year, an increase of 94.95%, a subsidiary of a substantial increase in production was mainly due to the impact of the parent company purchases increased.

On the same day, nationstar also released the 2017 first quarter results notice, the company expects first quarter attributable to shareholders of listed companies net profit of 48 million 655 thousand and 200 yuan -5614.07 yuan, a year earlier than the 30%-50% growth over the same period last year profit of 37 million 427 thousand and 100 yuan.

The company said the first quarter of 2017, the main reason for changes in performance for the company to expand production capacity gradually released, resulting in increased sales revenue.

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