Industry news

[report] LIAN opto Yankon, 2017 net profit of a minus

Close to the disclosure of the annual report ending on the occasion, Yankon, LIAN yesterday (16) evening released 2017 annual report, the net profit year-on-year decline, while the latter grew.

In 2017, Yankon achieved sales revenue of 5 billion 38 million yuan, an increase of 14.68%; attributable to shareholders of listed companies net profit of 401 million yuan, down 11.31%. Among them, the LED light source and lighting products revenue 4 billion 503 million yuan, an increase of 22.58%, sales of 374 million (sets), an increase of 39.03%; the energy-saving light source and lighting products revenue 490 million yuan, down 25.53%, sales of 73 million (sets), down 12.05%.

The main accounting data Yankon

Yankon has been established in Zhejiang Shangyu, Fujian Xiamen, Jiangxi Yujiang, Anhui, Jinzhai four bases, 2017 reached 400 million LED light source and 80 million sets of annual production capacity of LED lamps. At present, the main market, including China Asia (excluding China), Africa, Europe, Oceania, North America, Latin America, the corresponding accounted for 15.86%, 13.30%, 1.98%, 42.30%, 3.32%, 20.42%, 2.82%.

In addition, in 2018 Yankon business plan for the operating income of 6 billion yuan, 4 billion 488 million yuan operating costs, selling expenses, administrative expenses and financial expenses amounted to 998 million yuan, net profit attributable to shareholders of listed companies 430 million yuan.

LIAN photoelectric 2017 operating income of 3 billion 9 million yuan, representing a growth of 20.16%; attributable to shareholders of listed companies net profit of 199 million yuan, representing a growth of 26.56%.

The LIAN photoelectric main accounting data

Specifically, optoelectronic devices and application products in 2017 achieved a total revenue of 2 billion 487 million yuan, an increase of 17.95%. The backlight module, and intelligent control module two products 2017 annual operating income 1 billion 851 million yuan, accounting for photodevice industry revenue ratio of 74.46%, highlighting the scale economic effect. LED chip, device, lighting engineering sector to maintain stable development level. In addition, cable products in 2017 achieved a total revenue of 385 million yuan, an increase of 12.79%.

In 2017 LIAN main business gross profit margin was 14.30%, down 1.33% over the previous year the main business gross profit margin 15.63%. Among them, optoelectronic devices and application of product gross margin was 15.47%, down 0.61 percentage points over the previous year gross margin of 16.08%, mainly exported to the company by fluctuations in international dollar prices lead to price decline, but due to rising material costs.

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