On April 17, Ganzhao Optoelectronics (300102) released its first quarter 2017 performance report. During the reporting period, Ganzhao Optoelectronics realized operating income of 268 million yuan, an increase of 36.32% over the same period of the previous year; net profit attributable to shareholders of listed companies 41.57 million yuan, an increase of 7598.90% over the same period of the previous year.
According to Ganzhao Optoelectronics, from January to March 2017, the company's operating income increased by 713.893 million yuan year-on-year. Benefiting from the favorable changes in the LED market, the market demand for chip products and the selling prices showed a good development trend.
At the same time, the output of the company's red-yellow and blue-green chips has increased. The output of blue-green chips has more than doubled compared with the same period of last year. The growth of its output has accompanied the upward trend of the chip market economic cycle, resulting in a rapid growth of the company's operating income.
In addition, from January to March 2017, the comprehensive gross profit margin of Ganzhao Optoelectronics business reached 31.23%, an increase of about 20% year-on-year. The main reasons for the sharp increase in gross profit margin are as follows:
1. The company's blue-green project has been put into production for nearly two years. After the project has accumulated production experience during the production period, it has achieved remarkable results in terms of production process improvement and yield improvement, and its single-chip variable cost has decreased.
Second, the increase in the production of the company's chips and epitaxial wafers has reduced the fixed cost of amortization of single-chip products.
According to the financial report, Ganzhao Optoelectronics and its subsidiaries adhere to the market-oriented, formulate research and development projects in line with technological development trends, and ensure continuous investment in product research and development to further consolidate and strengthen the company's core competitiveness, and solidly promote the various sub-sectors, Doing the fine, laying the foundation for the company's brand influence.
The main R&D projects during the reporting period are as follows:
1. High-power flip-chip red LED chip product development, it is planned to develop a high-power flip-chip red LED chip that meets customer requirements. The project is proceeding as planned.
2. The performance of the high-bright TB LED chip product is improved. It is planned to develop a high-bright TB LED chip that meets customer requirements. The project has been mass-produced.
3. Development of near-infrared LED chip products, it is planned to develop a market segment to replace the traditional ternary near-infrared LED chip, and the project is proceeding as planned.
4. The next generation of gallium arsenide triple junction solar cell products is planned to develop a more efficient gallium arsenide triple junction solar cell as a technical reserve. The project is proceeding as planned.
5, GaAs flexible film multi-junction solar cell development, it is proposed to develop high efficiency and high specific power of gallium arsenide flexible film multi-junction solar cell chip, the project is proceeding as planned.
6. Development of flip-chip white LED chip products, it is planned to develop a full range of inverted white LED chips with medium and high power. The project is proceeding as planned.
7. Development of flip-chip high-voltage white LED chip products, it is planned to develop a flip-chip high-voltage white LED chip that meets customer requirements. The project is proceeding as planned.
8. Vertical structure white LED chip product development, it is planned to develop a vertical structure white LED chip that meets customer requirements. The project is proceeding as planned.
9. The performance of LED chip products for display is improved. It is planned to develop LED chips for display screens that meet customer requirements. The project is proceeding as planned.
10. Application research of LED road lighting, it is proposed to introduce modular high-efficiency series and street lighting for cost-saving schemes; it is planned to design light distribution according to national standard tunnel lighting standard, modular design, to meet different power requirements of tunnel lights, The project entered the sample testing phase.
11. Application research of LED landscape lighting, it is designed to meet the same quality and cost performance on the market, several wall washers compatible with power structure parts and the development of light distribution design with small angles and novel appearance. The project is in the mold opening stage.
12, the application research of large space LED lighting, it is proposed to separate the power supply and the lamp body on the basis of the high pole lamp generation to reduce the cost, and the light distribution increases the application requirements of the airport and the dock. The project enters the sample testing stage.
It is worth mentioning that Ganzhao Optoelectronics actively develops the patent layout and promotes the research and development of diversified products of the company, laying a foundation for the company to enhance its development potential in the market competition. During the reporting period, the company obtained 12 invention patents, 1 appearance patent license and 11 utility model patents, and applied for 5 invention patents, 1 appearance patent and 5 utility models.
After the market integration of the LED industry in 2015, the chip market began to enter the warm-up cycle in 2016, but in the first half of the year, its market demand and price have not changed significantly. At the same time, the production of blue-green chips in the first half of 2016 The company is in a gradual increase and has not yet reached the production stage, and the gross profit margin is still at a low level, resulting in a loss of 6.174 million yuan in the company's accumulated net profit from January to June 2016.
According to the high-tech LED inspection data, in 2016, the company's annual operating income reached 1.15 billion yuan, an increase of 87.09%; the operating profit was 13.59 million yuan, an increase of 111.06%; the net profit attributable to shareholders of listed companies was 4838.24. Ten thousand yuan, an increase of 153.63%.
In 2016, the net profit of Ganzhao Optoelectronics turned losses into profit, mainly because the LED industry market recovered in 2016, the market demand and price of chip products showed good development trend, and the market sentiment changed positively, and the operating income was realized compared with the same period of last year. Rapid growth.
Of course, the rapid growth of Ganzhao Optoelectronics is inseparable from the efforts of the R&D team. Among them, the blue-green optical chip project has been mass-produced for more than a year. Through continuous exploration and innovation by the R&D team, the company has achieved core technology. New progress, and research and development results have achieved good results in the market transformation process, and some blue-green chip products have achieved certain competitive advantages in the market.
In terms of marketing team, Ganzhao Optoelectronics strengthened market expansion and promotion, re-distributed sales strategy, and paid more attention to quality service. At the same time, combined with industry favorable factors, the company's operating income reached a record high in 2016.
Fire Resistant Sleeve,Fireproof Sleeves,Fire Resistant Hose Sleeve,Fire Proof Sleeve
Longkou Libo Insulating Material Co.,Ltd. , https://www.liboinsulation.com