This week ushered in a wave of three-quarter disclosure of listed companies, 20 LED listed companies have announced the overall performance of January-September 2018, of which half of the companies showed a decline in net profit, Qianzhao, Jucan, Maoshuo and other seven companies are both declining in net profit, industry development seems to enter a cold winter again?——LED lighting
In the first three quarters, the cumulative revenue of 378,827,458.99 yuan was reduced by 20.26%; the cumulative net profit loss of 82,749,200.30 yuan attributable to shareholders of listed companies was reduced by 189.17% compared with the same period of last year.——LED lighting
According to the announcement, Jucan still exist operating income, net profit and cash flow generated by business activities do not match the phenomenon. Despite its declining performance, it still receives large government subsidies, which shows that it relies on government subsidies to support its performance. Highly dependent on government subsidies, the sharp fall in the RMB exchange rate and intensified market competition are the main reasons for its losses. At present, the stock market has been in bad condition, the stock price has been falling, but the shareholders and executives of Jucan Optoelectronics still continue to cash, how to recover the loss situation?——LED lighting
The growth of diligent shares in the transition education sector was not satisfactory, with revenue of 960,189,694.46 yuan in the first three quarters, down 18.54% from a year earlier, and cumulative net profit of 72,217,939.42 yuan belonging to shareholders of listed companies, down 28.67% from a year earlier. The net profit attributable to shareholders of listed companies is expected to reach 50.518 million yuan to 92.6164 million yuan in 2018, an increase or decrease of - 40% to 10% year-on-year. Large-scale expansion in the education sector in the past two years has not played a positive role in the performance of the service shares, while the semiconductor business continues to suffer losses due to increased market competition, resulting in a decline in net revenue.——LED lighting
In the first three quarters of 2018, Yingfei achieved a cumulative revenue of 698,389,608.98 yuan, an increase of 31.91% year-on-year, and realized a net profit of 52,334,348.35 yuan, an increase of 73.78%. Infineon said that the performance growth was mainly due to the company's increased marketing efforts and sales scale. At the same time, the investment real estate income of Binjiang Building has been increasing continuously, which has better improved the impact of depreciation and other logistic maintenance costs on net profit.——LED lighting
Maoshuo Power, also a leading brand in the power industry, is not optimistic, with net profit declining. The report said that it was mainly affected by exchange rate fluctuations, labor and material costs.——LED lighting
Benefiting from the outbreak of the LED automotive lighting market, Shenzhen Farming's Xingyu stock in this field has been on the rise with revenue of 3,724,379,335.19 yuan in the first three quarters, an increase of 23.84% over the same period of last year, and net profit of 439,285,808.67 yuan belonging to shareholders of listed companies, an increase of 35.76% over the same period of last year.——LED lighting
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