In the survey of the Great Wisdom News Agency, the company’s LED business order continued to grow, and it has become the fastest growing among all businesses. 10% of the goal is to work hard.
Qiu Lingyan introduced that in the company's three traditional businesses, the company entered the LED packaging, backlight and energy-saving lighting industry in 2011, becoming the company's new profit growth point. However, the production capacity has been limited. The company has also added a number of production lines to alleviate this part of the pressure. "There are currently 80 packaging production lines", and will expand according to the order situation in the future.
A brokerage analyst told Dazhi News Agency that compared with other companies in the LED industry, the scale of LED business of Zhaochi is still relatively small. In the second quarter of the peak season, in the context of continued growth in orders, the growth rate is likely to continue to grow at a high rate. The goal of 10% of revenue for the whole year is more optimistic."
The analyst believes that the company has an advantage in backlight production capacity digestion (some of its own LCD TV OEM digestion), LCD TV OEM customers and LED customer synergy and cost control.
The data shows that in 2012, the operating income was 6.457 billion yuan, of which LED products and accessories revenue was 224 million yuan, accounting for 3.55% of the main business income, up 644.85% year-on-year; as of the 2013 semi-annual report, the company's LED products and accessories business revenue was 168 million. Yuan, a year-on-year increase of 243.19%, a gross profit margin of 22.19%, and a gross profit margin increased by 9.59% over the same period of the previous year.
Qiu Lingyan introduced that in the company's three traditional businesses, the company entered the LED packaging, backlight and energy-saving lighting industry in 2011, becoming the company's new profit growth point. However, the production capacity has been limited. The company has also added a number of production lines to alleviate this part of the pressure. "There are currently 80 packaging production lines", and will expand according to the order situation in the future.
A brokerage analyst told Dazhi News Agency that compared with other companies in the LED industry, the scale of LED business of Zhaochi is still relatively small. In the second quarter of the peak season, in the context of continued growth in orders, the growth rate is likely to continue to grow at a high rate. The goal of 10% of revenue for the whole year is more optimistic."
The analyst believes that the company has an advantage in backlight production capacity digestion (some of its own LCD TV OEM digestion), LCD TV OEM customers and LED customer synergy and cost control.
The data shows that in 2012, the operating income was 6.457 billion yuan, of which LED products and accessories revenue was 224 million yuan, accounting for 3.55% of the main business income, up 644.85% year-on-year; as of the 2013 semi-annual report, the company's LED products and accessories business revenue was 168 million. Yuan, a year-on-year increase of 243.19%, a gross profit margin of 22.19%, and a gross profit margin increased by 9.59% over the same period of the previous year.
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