LED listed companies in six cases: the three most can earn the NVC drag

2014 annual report disclosure concluded, the author summarizes the 37 LED lighting listed company's annual report, and according to the related data, the annual report content, the "six most", respectively is the "well-off", the "money", the "progress", the "black sheep", the "grievance" the "drag". Who are, and to see.

The most abundant - - Chi shares

Net operating activities: 1 billion 26 million 220 thousand yuan

Data show that as of the end of 2014 the net operating cash flow of the company is the largest of all LED lighting listed companies. Siu Chi shares in 2014 net cash flow from operating activities of 1 billion 26 million 220 thousand yuan, while the same period in 2013 was $86 million 890 thousand, an increase of 1081.07%.

In 2014, Siu Chi shares by continuing to promote technological innovation, optimize the marketing network, strengthen production quality management, improve customer service service system, the operating results of the company in the increasingly severe market environment, still maintained a growth. Siu Chi shares TV, set-top box business on the basis of the increase in production capacity has remained relatively stable, LED services to achieve a high degree of growth, the company's industrial layout is more reasonable.

Siu Chi shares, the net cash flow from operating activities during the reporting period compared to the same period last year increased by 939 million 330 thousand yuan, the growth rate of 1081.07%, the main reason is: 1 during the reporting period due to the growth of sales revenue last year and received bank acceptance due to sales of goods received during the reporting period of cash over the same period last year increased 2 during the reporting period; in the purchase of cash payments lower than last year.

The "money" -- an optoelectronic

Net profit: 1 billion 462 million 330 thousand yuan

LED lighting industry as the upstream enterprises, and is the only one engaged in the production of full color LED chip manufacturers. In recent years, three optical performance has been ranked in the forefront. In 2014, the domestic economy running smoothly, LED lighting industry continued to move forward, it also made a lot of natural Sanan optoelectronics.

In 2014, three optical sales revenue 4 billion 579 million 670 thousand yuan, attributable to shareholders of listed companies net profit of 1 billion 462 million 330 thousand yuan, compared with the same period last year, sales revenue grew 22.71%, net profit growth of 46.62%, net profit attributable to shareholders of listed companies increased by 41.15%.

Sanan optoelectronics continued in 2014 won the LED lighting group of listed companies most profitable company, the company the ability to make money grow with each passing day. According to the 2013 report shows that in 2013, three optical net profit attributable to an increase of 27.89%, while in 2014 it reached 41.15%, the growth rate is really envy".

The industry believes that, based on international, an optoelectronic integrated operation actively on the development of LED applications, such as profit growth of epitaxial chip business engine. In 2014, three optical total assets yield reached 13.88%, showing a good level of profitability, "money" scene is still bright.

The most "progress" - wood

World rankings steadily

Our 2014 net profit of 433 million 760 thousand yuan, an increase of 0.25%. The analysis thinks, Linsen currently has 3 core competencies: A, R & D advantage driven production process innovation, the company and its subsidiaries have authorized patents reached 162, has made a series of technological achievements in LED packaging and application field; two, the scale of production advantages, the company has an annual output of 132 billion 500 million Lamp/SMDLED packages the production capacity, with 1765 automatic solid crystal machine, 2267 sets of automatic welding machine, 2443 sets of automatic machines, 486 automatic fluorescent powder machines and other production equipment; three, sales channels and customers, the company is currently marketing network more developed and perfect enterprise of domestic LED packaging and application in the industry, the sales network covering the country.

According to Mlinson previously disclosed the prospectus, Mlinson operating results showed rapid growth, operating income of 2 billion 873 million 650 thousand yuan from 2011 to 2013 growth of 1 billion 273 million 580 thousand yuan, the annual compound growth rate of 50.21%, net profit of 436 million 140 thousand yuan from 2011 to 2013 growth of 111 million yuan, the annual compound growth rate of 98.22%, to maintain rapid growth.

According to the insiders, Linsen in recent years has always maintained a high capacity utilization, it also said it does not rule out future large-scale expansion of production scale. If, after the listing of the capital platform make full use of our advantages, the future global LED package will continue to change the ranking leader, not surprisingly, our world ranking will steadily increase.

The "black sheep" - east crystal electronic

The huge loss of 152 million 660 thousand yuan.

In 2014, East crystal electronic operating net income of 309 million 470 thousand yuan, 244 million 350 thousand yuan, year-on-year growth of 26.65%, operating income increased mainly due to the LED sapphire series products due to revenue growth significantly. But at the same time, the East crystal electronic net profit attributable to owners of the parent company was -15266 million, compared to the same period last year to reduce 184 million 560 thousand yuan, down 578.62%, this also let the company in 2014 to become the most prodigal.

According to the analysis, the East crystal electronic performance in 2014: the huge loss was mainly in the fierce market competition environment, the quartz crystal components the decline in product prices and a wholly owned subsidiary of eastgem optoelectronic LED sapphire substrate cutting and polishing technology failed to meet the market demand, leading to the final decline in value of inventories increased; because the Eastern market prices continued to decline Jingrui Kang and capacity does not reach the design scale, which did not achieve the expected results. Production capacity, product prices and market development has a direct impact on the operating results of 2014, plus the upper