Backlight dual pull poly fly photoelectric first half net profit by 37%

Jufei announced the first half of 2014, the annual report shows that the first half of this year, Jufei revenues of 481 million yuan, 319 million yuan more than the same period last year an increase of 50.71%; net profit of 83 million 651 thousand and 200 yuan, 61 million 256 thousand and 800 yuan more than the same period last year growth of 36.56%.

Among them, the backlight LED revenue 414 million yuan, lighting LED revenue of $58 million 398 thousand and 600, other LED revenue of $7 million 63 thousand and 200.

Jufei said, the first half of 2014 LED industry boom is higher, the company make full use of the intelligent mobile phone market share rising, tablet computer sales growth of LCD TV module manufacturers to continuously improve the proportion of domestic purchases, LED lighting market good opportunities, through continuous technological innovation and strengthen lean management, improve production efficiency. Achieved rapid growth in revenue, net profit.

Backlight LED revenue 414 million yuan, an increase of 55%

Backlight LED has been the main business of poly fly optoelectronics, in the first half of this year, poly fly photoelectric backlight LED products to achieve sales revenue of 413 million 958 thousand and 900 yuan, an increase of $266 million 801 thousand and 800 over the same period last year, accounting for 86.02% of total revenue of $55.16%.

Among them, benefit from intelligent mobile phone market share rising intelligent mobile phone brings the increase in shipments, a single mobile phone screen larger, higher resolution bring single lamp quantity increase, and the tablet computer sales growth (decided its frivolous use device for small size), caused by the rapid growth of the small size Backlight Market demand.

Small size backlight products are the advantages of poly fly optoelectronic backlight products, poly fly optoelectronic small size backlight products to achieve sales revenue of 284 million 355 thousand and 800 yuan, compared with the same period last year, an increase of 34.29% yuan of $211 million 741 thousand and 200.

Poly fly optoelectronics, said the company's market share in the field of small size backlight LED has been in absolute lead, industry leading position has been further strengthened. The small size backlight ultra bright series products due to its outstanding quality and price advantage, by the beginning of the Taiwan, South Korea and other customers, a number of well-known customers are actively carried out with the company or seek business cooperation, the company is expected to bring a steady growth momentum.

It is noteworthy, Jufei, large size LED backlight business continued to maintain a good momentum of growth since last year, revenue year-on-year growth, revenue 129 million 603 thousand yuan, 55 million 60 thousand and 600 yuan year-on-year growth of 135.38%.

With the rapid growth of domestic LED packaging enterprises, and reduce the pressure of the cost of import substitution has become the trend of large size LED LCD TV backlight module will continue to enhance the proportion of domestic; at the same time as the LCD TV products to the big screen, high-definition direction, large size back light will also expand the market space. At present, the company's share of some important customers is still very low, there is still considerable room for improvement.

Lighting LED revenue 58 million 400 thousand yuan, an increase of 33%

Have to mention is the lighting of the LED business, even in the field of backlight profitable, poly fly optoelectronics will not give up the prospect of a broader lighting market. In the first half of this year, poly fly photoelectric lighting LED business to maintain rapid growth, sales revenue of 58 million 398 thousand and 600 yuan, an increase of $43 million 902 thousand and 300 over the same period last year, accounting for the total revenue of $12.13%.

Although lighting LED business growth, but the decline in gross profit margin is an indisputable fact. Jufei said to low LED lighting product gross margin level is currently accounted for 60% of the small size backlight product gross margin, if LED lighting devices in the future in the company's overall sales accounted for expansion will likely increase company profits at the same time to affect the company's consolidated gross profit rate.

Poly fly photoelectric integrated gross margin was 28.99%, down by 1.73%, of which the gross profit margin of LED lighting was down by 4.02%, while the backlight LED gross margin was 30.77%, down by 1.71%.

Perhaps it is the reason for the decline in gross profit margin, poly fly photoelectric adjustment steps in the lighting LED.

"Lighting products prices fell more powerful, the market competition can be said to be the 'tragic', is still in a relatively disordered state, Jufei will strengthen the promotion of small size backlight based on LED devices market dominant position, efforts will be in large sized backlight products and LED lighting products development to become a new profit growth point. "Jufei dongmi Yin Jinghuang said. (text / China LED network Amber)

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).