In the first quarter of 2017, LED packaging company Yiguang coincided with the Lunar New Year and the industry's off-season. The accumulated revenue for the first two months was about 4.179 billion yuan (NTD, the same below) and 7.4% year-on-year. It is estimated that the first quarter revenue may be similar to the same period last year and is expected to rebound after the second quarter. The main kinetic energy lies in small-pitch display, automotive, infrared night vision, mobile phone iris recognition and other applications. As for the patent litigation with Japan and Japan, the legal person assessment should not affect the operation in the short term. In terms of profit, Yiguang's 2016 revenue was approximately 29.347 billion yuan (approximately RMB 6.638 billion), an annual increase of 1.7%, a gross profit margin of 24.5%, an annual increase of 1 percentage point, and an operating profit of 2.136 billion yuan, an annual increase of approximately 8.5%. After-tax net profit of 1.84 billion yuan and earnings per share of 4.13 yuan, the performance was stable. The board of directors has decided to allocate a cash dividend of 3 yuan per share. Looking forward to 2017, the company believes that its operational performance in 2017 should be better than 2016. The main kinetic energy is that the scale of the lighting market continues to expand. At the same time, high-end small-pitch billboards, infrared products and automotive products, including military industrial applications, will also be shipped. growing up. At present, the proportion of lighting is nearly 30%, the proportion of backlight is about 20%, and the proportion of non-lighting/non-backlighting products is more than 50%. Among them, the total revenue of flashlights and small-pitch billboards is about 17%, about 20% of infrared products, and the proportion of automotive products is 10%. Yiguang is a large LED packaging factory headquartered in the woods. The factory is located in Tucheng, Yuanli, Tonglu, Taiwan, Suzhou, Guangzhou and other places. The total packaging capacity is about 4 billion, and it currently holds about 9.6% of Taigu. And holds approximately 1.8% of the shares in Jingdian. Affected by the LED industry boom, the revenue in the first half of 2016 was relatively flat. In the second half of the year, the backlighting and lighting applications entered the traditional peak season, coupled with the stabilization of the LED market order, the stabilization of prices, and the growth of military-controlled high-end small-pitch billboards, infrared, automotive, and mobile flashlights, driving the overall operation to pick up. The first quarter of this year coincides with the Lunar New Year and the traditional off-season. The accumulated revenue for the first two months was about 4.179 billion yuan, and the annual reduction was about 7.4%. The first-quarter revenue was estimated to be lower than the previous quarter and similar or slightly lower than the same period last year. It is expected to pick up after the second season.
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