Riyadh, Silan 2017 annual report, net revenue growth in both

2017

Four business segments help, Riyadh 6 billion 470 million in revenue last year

Lyad in 2017 operating income 6 billion 470 million yuan, up 47.8% over the same period last year; net profit 1 billion 210 million yuan, representing a growth of 80.88%; after deduction of non net profit of 1 billion 168 million yuan, representing a growth of 101.69%; operating income and net profit to achieve four consecutive years of high growth, to achieve the annual target again. The company's consolidated gross profit margin increased to 40.48%, compared with the same period last year increased by 2.05 percentage points to 38.43%.

The main financial indicators (unit: RMB)

According to the announcement, Riyadh's business is divided into four business segments: intelligent display, cruise economy, culture travel new formats, VR experience. In 2017, the company signed a new orders reached 10 billion 200 million yuan, representing a growth of 76%; among them, intelligent display orders 5 billion 100 million yuan, 3 billion 100 million yuan on the economic order, the new format text brigade orders 1 billion 600 million yuan, 350 million yuan order VR experience.

Lyad said that in 2017, in addition to the newly added VR experience plates, other business segments are to rely on endogenous to achieve rapid growth. Intelligent display is still the main business of the company, accounting for 60%, gross margin remained at 37%; on the economic growth rate close to 100%, in line with the company on the night market "blowout" expected, gross margin remained above 40%; the new format text brigade growth equilibrium over 40%, in line with the company's plans at the beginning of the expected, gross margin remained at 40% during the reporting period; VR experience is a new business, are high-tech products, nearly 80% of the gross margin.

A revenue by region within the reporting period, the business income of 4 billion 100 million yuan, accounting for 63%, representing a growth of 60%, gross margin of 42.61%, overseas business income 2 billion 364 million yuan, accounting for 37%, representing a growth of 31%, gross margin of 36.79%, since 2016 to maintain a balanced development of domestic and foreign business.

In addition, Riyadh also said that the future goal is: to achieve operating income 90-100 yuan, up 39%-54%, net profit of 16-20 yuan, growth of 32%-65%, implementation of new orders for 143-153 yuan, growth of 40%-50%.

Silan 2 billion 740 million in revenue last year, is expected to 2018 revenues of 3 billion 290 million

Silan 2017 achieved total revenue of 2 billion 740 million yuan, compared with 2016 growth of 15.44% over the same period; operating profit of 120 million yuan, an increase of 777.13% compared to the same period of 2016; a total profit of 120 million yuan, an increase of 34.19% compared to the same period of 2016; the company net profit attributable to shareholders of the parent company was 170 million yuan, an increase of 76.75% over the same period in 2016.

Silan said that in 2017 the company operating income increased by 15.44% compared to 2016, three products revenues are growing faster. Integrated circuit products, shipments of LED lighting drive circuit, IPM intelligent power module, MCU circuit, MEMS circuit, digital audio and video sensors and other products to maintain a rapid growth. Discrete products, fast recovery tube, MOS tube, IGBT, PIM modules and other products grew rapidly. LED products, light emitting diode chip shipments increased significantly compared with the previous year. In addition, in 2017 the company's top 5 customers sales totaled 458 million 692 thousand and 500 yuan, accounting for 16.73% of revenue.

Main indicators of financial data

According to the announcement, Silan 2018 product line planning, management and operation in six aspects: power supply and power driven product line, digital audio and video product line, MCU line, mixed signal and RF product line, discrete device product line, LED device product line etc.. In 2017, the company achieved total revenue of 2 billion 742 million yuan, completed 96.21% revenue plan. 2018 is expected to achieve total revenue of 3 billion 290 million yuan (about 20% higher than in 2017), the total operating cost will be controlled at about 3 billion 10 million yuan.

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