Three drying performance profit leverage?

An optoelectronic March 23rd annual report released late in 2014, the year 2014 the company achieved operating income of 4 billion 580 million yuan, an increase of 22.71%; attributable to shareholders of listed companies net profit of 1 billion 462 million yuan, an increase of 41.15%; attributable to shareholders of the listed company after deducting non recurring net profit of 1 billion 124 million yuan, an increase of 48.09%.

LED business gross profit margin of 41.06% year on year growth of 8.62%

Data source: Sanan optoelectronics 2014 Annual Report

From the point of view of the company's business revenue performance, LED services (including chips and LED products) operating income of 4 billion 214 million yuan, an increase of about 28.53% of total revenue of about $92%. In addition, LED business gross margin was 41.06%, an increase of 8.62%. The photovoltaic business performance is poor, only to achieve revenues of 65 million 503 thousand and 500 yuan, down by 56.10%.

In the fierce competition in the market, LED business gross profit margin does not fall, the company's ability to control the cost of excellence.

Scale advantage highlights MOCVD devices will reach 400 units

Sanan optoelectronics said, 170 sets of MOCVD equipment in addition to the existing research machine, full of all the rest. Coupled with the new custom MOCVD equipment, the company will reach 400 units of MOCVD equipment, production capacity will be the first, the size of the advantages highlighted.

During the reporting period, the company is using its own technology, improve product structure, improve the operation efficiency of equipment, reduce production costs, about 170 sets of MOCVD equipment under the three factory in R & D machine, full of all the rest. The company's 2013 annual non-public offering of shares to raise funds of the project "LED" of industrialization projects of infrastructure construction has been completed, the purchase of 50 units (converted into 2 inch 54 machine, the equivalent of 100 units) MOCVD equipment has reached 7 units, and has entered the stage of installation, the latter will gradually release capacity, profit contribution. On the other, in order to seize the market opportunities, the company board of directors decided to a wholly owned subsidiary of Xiamen Sanan optoelectronics Co. Ltd with its own funds to purchase 50 (converted to 2 inch 54 machine, the equivalent of 100 units) MOCVD devices, the specific time will be determined according to the progress of the project in Xiamen. With the equipment in place gradually, Xiamen Sanan capacity will be gradually released, operating performance will be gradually recognized.

An optoelectronic main subsidiary, the company shares

The report shows that, due to the lumen of the United States 2014 year after the main internal carding and subsequent development of the layout, the annual sales income of 132 million yuan in the year of 2014, net loss of $78 million. In addition, during the reporting period the company confirmed shares of Taiwan canyuan photoelectric exchange losses and to confirm the loss of financial assets available for sale 75 million yuan. During the reporting period, Wuhu Rui photoelectric Co., Ltd. and Luminus Inc two companies through strategic adjustment, operating situation is slightly better, but there is still a big gap from the company expected, the company believes that with the business gradually expanded, the subsequent business market space will also be open. The United States said Sanan optoelectronics, Wuhu Rui two lumens and the year 2015 the company will achieve profitability.

The company said the report period, in LED epitaxial chip business, not only the steady improvement in the domestic market demand, and overseas sales surged, the overseas market is gradually peatlands, the follow-up will further enhance the company share. In the LED application, the subsidiary of the company engaged in the application of the product business has been a variety of auto manufacturers certification, has begun to supply some models. Lumen CBT-90 white LED, PT120 green light source, PT54 RGB chipset and UV chips and other products have been recognized by the market. At present, the annual growth rate of the global LED lighting energy saving industry has remained above 30%. LED industry technology has a lot of room for improvement, the application field has yet to be further explored. (text / China LED network Flora)

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