[Text / high-tech LED Zhao Hui] New Sanban listed company Jiuzhou Optoelectronics (830995.OC) reported a net profit in the first half of 2015, although the loss was lower than the first half of last year, but its operating income has further decreased. .
Recently, Jiuzhou Optoelectronics announced the 2015 semi-annual financial report. The report shows that from January to June 2015, the operating income reached 119 million yuan, down 52.88% year-on-year; the net profit attributable to the listed company's shareholders was -702.69 million yuan, which was less than the loss of -271.07 million yuan in the first half of last year. , but still in a state of sustained losses.
Jiuzhou Optoelectronics also admitted in the report that although the industry's prosperity remained high in 2015, the pressure of price competition was huge and prices continued to decline. This is also the main reason why Jiuzhou Optoelectronics' revenue has dropped by more than half.
Jiuzhou Optoelectronics main business income breakdown unit: 10,000 yuan
.jpg)
It is worth noting that although the scale of revenue declined rapidly, the comprehensive gross profit margin of Jiuzhou Optoelectronics in the first half of 2015 increased from 10.74% in the same period of the previous year to 23.11%, an increase of more than 115.18%. The gross profit level has approached the industry average. At the level, the three expenses also decreased by 25.07% compared with the same period of last year.
According to the information, Jiuzhou Optoelectronics was listed on the New Third Board on July 28, 2014. It specializes in R&D, manufacturing and sales of LED semiconductor lighting products, LED displays and LED devices, and has the qualification and capability of secondary construction for urban and road lighting engineering design. . We provide LED semiconductor lighting solutions and products to customers around the world in direct sales, channel and ODM mode, and undertake various commercial and municipal lighting projects in BT, EMC and PPP modes.
However, after Kyushu Optoelectronics listed the new three board, the net profit for all three reporting periods was all loss. In the first half of 2014, the loss was 271.07 million yuan. In 2014, the whole year was a loss of 103 million yuan. In the first half of 2015, it lost another 7.0026 million yuan.
In the 2014 annual report, Jiuzhou Optoelectronics said that with the further fierce price competition and increasing competition in the industry, coupled with the slowdown in domestic economic development and the sharp decline in government projects, market share declined and profits shrank sharply. On the other hand, the company's management fees and capital costs are difficult to meet in the short term, and in response to fierce market competition, sales expenses continue to increase, which have become an important factor in the rapid decline of corporate profits.
In the first half of 2014, the comprehensive gross profit margin of Jiuzhou Optoelectronics remained at 10.74%, but by the end of 2014, its gross profit margin rapidly dropped to 2.89%, resulting in a net loss of 103 million yuan in 2014.
As the gross profit margin of Jiuzhou Optoelectronics gradually rose to the industry average of 23.11% in the first half of 2015, its net profit also began to reduce losses.
According to the data, in the domestic market, Jiuzhou Optoelectronics mainly adopts a combination of direct sales and channels. LED packaged devices are sold directly to downstream LED application companies. In addition to direct solution sales to terminal customers, display and lighting products are also sold through distributors and agents. In overseas markets, the main business models include providing ODM products to internationally renowned brands, industry giants and supermarket chains, working with private label Greeble and importers/distributors, and directly participating in project bidding.
In order to cope with the fierce market competition of domestic LEDs, Jiuzhou Optoelectronics has continued to expand into the international market. It is understood that its overseas lighting engineering business is progressing smoothly. At the same time, with the advantage of its controlling shareholder Kyushu Electric in the military industry, the company has deepened the weapon and equipment market and began to differentiate its competition in special lighting.
Yuhai company develop and produce of various rings sizes, bearing variety of electrode and metallisation configurations. This variety of Rings is fabricated from various material formulations for applications such as high power, sensitivity, stability.
Features
· • electrode type on request
· • Surface roughness on request, for specific demanding application
· • Thickness/Radial frequency tuning available on request
• Wide choice of PZT formulations
Applications include
• Sensors
• Welding
• Ultrasonic cleaning
• Precise Measurement
• Ultrasonic scalpel
• Cauterisation
• Phacoemulsification
• Therapeutic ultrasound
• Accelerometers
Dimension range
|
Outer diameter |
3-180mm |
|
Inner diameter |
1-150mm |
|
Thickness |
0.2-25mm |
Piezo Ring,Pzt Ring,Piezoelectric Ceramic Ring,Piezo Ceramic Ring
Zibo Yuhai Electronic Ceramic Co., Ltd. , https://www.yhpiezo.com