Disclosure of the "OUT" LED enterprise common fault

Recently, there have been several LED companies came to close down the news, some of which are quite well known in the industry, is a medium or on the scale. In fact, did not cause concern, I do not know the name of small businesses fell more. Signs forced companies have to step on the brakes, the need for a summary of the past market and the company's existing ills do a physical examination.

Excessive use of financial leverage

Due to the existence of the LED industry in order to pursue market share, and the financial leverage to the ultimate problem. The scale of the company itself is not enough to support such a big business, but in front of the interests of many companies have ventured to do. At this time the enterprise is facing debt problems, debt problems are mainly reflected in two aspects, one is owed to the bank's money, one is owed to the supplier's money. In the rapid development of the industry when the problem can not see, but when business slows or getting into the level, a little debt will become the wind sways grass, lead to business failures barrels. Shenzhen Yiguang science and technology limited company staff in beg for their salary, on behalf of the enterprise boss said, others still owe the company money, employees can to owe money to customers for enterprises.

Ancient town, known as the record is a hundred million yuan level of the big factory, the boss was suddenly burst explosion, more than 300 employees did not pay wages, the amount of about $1 million. The worst is that dozens of suppliers, xiongji lighting plant, it is understood that they were the factory owner Xie Yingxiong to lip-service fraud money up to tens of millions of yuan. Statistics show that the town is the town comprehensive management office registered 38 suppliers, only 24 suppliers being the purchase price reached 16 million 59 thousand yuan. According to the supplier estimates, even up to about 40 million yuan fare. This may seem ridiculous, but it reflects the company's triangular debt problem, which is also common in other LED companies. For the market is getting warmer, many companies strive to expand their production scale, even in the absence of sufficient funds to pay the supplier. At the same time, in order to win more customers to relax their sales, to extend the time of payment of customers. This is easy to produce capital strand breaks, companies will face the risk of collapse. It is reported that a few years ago the collapse of junduoli, bolunteguang photoelectric, photoelectric vision, hibo photoelectricity are facing this problem.

Bogged down in the quagmire of price war quality

Industry research shows that LED products are still optimistic about the long-term needs of the internal and external, the current market penetration of LED lamps about 5%, there is still a huge market space. However, the LED industry does exist over investment problem. Although the LED industry has a broad market prospects, but the huge market value of the future in the future, but many investors think that the market is in front of me, come in. It is reported that with the influx of a large number of enterprises, LED oversupply, prices fell, the quality can not be guaranteed.

Single from the boss of the boss on foot incident analysis, the reason for the collapse of the record is the product quality. According to insiders, xiongji experienced three crises: at the beginning of 2012, there are a number of the number reached 100 thousand of the driving power supply is a problem, but not in 2012, because the injured in the sinews or bones; the product quality is too poor, out of the question, 4 customers have no cooperation, owed 5 million does not have money. Fortunately, by the end of 2012 to complete the sales task, the male record to maintain over. This year 2 - March, sales are also very good, but the problem of the beginning of the year 4 - May, the phenomenon of customer returns.

Although the sales price is very low, but the purchase cost is not low, and the process and driving power supply is not mature enough, so lead to a large number of returns. Price is so low, the return rate is so high, how to maintain profitability? Long term profitability, but also to maintain more than 300 employees, a long time in the past, the enterprise can support how long? Male and remember to return the system is also a problem, the customer can return back, sometimes finished goods also claims, a Vietnamese lost hundreds of thousands of customers, because the goods all fell, others have no way to ask for compensation.

It is understood that from the beginning of last year, xiongji loses money, although a few months is profitable, but occasionally a few months to fill the financial profit completely vacant, a supplier to the closing period, Xiemou began to tense. Therefore, the collapse of male records, in fact, is the result of long-term accumulation of malignant. Although the original price is very low, but it will not sell at a loss. However, because of the quality defects, resulting in a large number of goods, waste, and labor cost, products sell more, thanks to more xiongji. Customers can not get the money, but also cause xiongji compensation, cash flow, and then only to suppliers for a slow slow, rob Peter to pay Paul. The informed sources, the current amount of arrears owed up to about 40000000.

Internal management of the opaque department"

According to industry research shows that their business philosophy and management problems. Such as the purchase, warehouse, production process design and manufacturing, finance and other important positions are Xiemou relatives, but these relatives are not as.

For a long time, the company has started from top to bottom internal corruption, although the appearance looks very bright. A supplier of LED track light case, said: "I owe 60 thousand of the money owed, I returned to the rebate of 10 thousand. "This year the LED accessories price down a lot, but the housing purchase price still maintain the level of last year, and the power supply lamp also is such,