Released on August 20th, poly fly photoelectric half annual report in 2016. During the reporting period, the company business revenue of 65496.35 ten thousand yuan, up 57.32% from a year earlier. Net profit attributable to common shareholders of listed companies 5941.44 ten thousand yuan, fell 12.56% from a year earlier. Business activities generated cash flow net 5774.69 ten thousand yuan, up 0.34% from a year earlier.
According to the announcement, in addition to product sales increase, poly photoelectric revenue growth of another reason is that the Hong Kong subsidiary statements; And one of the important reason for the decline in net profit is LED products decline in gross margin.
In the main business composition table, poly photoelectric LED lighting products of gross margin stands out, the product revenue of 74.1096 million yuan, operating cost is 67.1412 million yuan, the gross profit margin is only 9.4%.
According to the announcement, during the reporting period, backlit LED income stable growth, further strengthen the leading position in the domestic market. As the intelligent mobile terminal market competition intensifies, hand move module begins to turn to the domestic supply chain, as a leader in the field of domestic LED backlight, the company through continuous innovation technology, lean management, continuous improvement and constantly enhance the comprehensive competitiveness, to further consolidate the leading position in the field of LED backlight, promoted the global market share.
With the LCD TV products to develop in the direction of bigger, Gao Qinghua, large size backlight market space will be further expanded. As domestic backlight LED industry leading enterprises, the company seize large size LED LCD TV backlight module localization rate rising opportunity of development, expand the company product market space, increase the market share for the company bring new momentum.
In the context of globalization, the industry of international big clients to enhance their own competitiveness, actively to their original supply chain optimization, supply chains are moving towards the Chinese mainland. Company as a China leading company in the field of LED backlight, with its standardized management, product quality, cost-effective, courteous service, comprehensive advantage gained many international big customer's favor and attention, and a bigger international market space, higher quality. At this stage the company on the basis of the increase in the domestic market share, continue to provide the product innovation and solutions that promote internationalization big customer service ability and sales accounted for.
During the reporting period, lighting business a good momentum of development, operating income rapid ascension, LED lighting products quality get the extensive favorable comment of customer, they are widely used in exported Europe and the United States and other medium and high-end market, on the orders of the company in the lighting market has set up a good brand image; Develop a batch of high quality customer resources, obtained the customer strategy substantive breakthrough, has established good relations of cooperation, each other had the obvious promotion customer recognition and satisfaction.
During the reporting period, the small spacing screen LED to reach the mass production and sales, the market demand present high growth momentum. Companies adhere to create high-end brand, providing customers with professional display solutions for small spacing, product application in indoor large screen display, business meetings and education field, cinema and screens, etc. Small spacing display as a new business, the company's strategic products with high reliability, low failure rate to obtain the height of the customers and market recognition, industry several large customers have batch use, the future will become the company's new profit growth point.
