[Text / high-tech LED Huang Yaping] As of October 15th, LED listed company's third-quarter performance forecast is continuing to be released, of which it is expected that the performance will achieve a positive growth of 60%, still becoming the mainstream. Since the performance of the listed companies in the first three quarters tends to “fix†the annual operating results, the market and industry are highly concerned.
Today, the LED lighting listed company's third-quarter results forecasted a "four-fold drop." The net profit attributable to shareholders of listed companies by Ganzhao Optoelectronics, Ai Biesen, Ruifeng Optoelectronics and Huitian New Materials decreased compared with the same period of the previous year.
Ganzhao Optoelectronics (300102) expects net profit for the first three quarters of 2015 to fall 40% - 60% from the same period of the previous year.
.jpg)
Net profit for the third quarter of 2015 decreased by 55% from the same period of the previous year - 85%
.jpg)
The main reason for the decrease in net profit attributable to shareholders of listed companies compared with the same period of the previous year:
1. During the reporting period, due to the year-on-year decline in the sales price of the company's products, the net profit decreased year-on-year;
2. During the reporting period, the depreciation expenses and fixed expenses during the expansion of LED chip projects increased significantly, and the R&D investment of LED blue-green projects increased, resulting in a year-on-year decrease in net profit;
3. During the reporting period, bank deposits and wealth management revenues decreased significantly year-on-year; meanwhile, bank loans and finance lease interest expenses increased significantly year-on-year.
Abbyson (300389) expects net profit for the first three quarters of 2015 to fall 22% - 27% from the same period last year.
.jpg)
Net profit for the third quarter of 2015 decreased by 13% - 18% over the same period of the previous year
.jpg)
The main reason for the decrease in net profit attributable to shareholders of listed companies compared with the same period of the previous year:
1. During the reporting period, the company is optimistic about the development opportunities of the overseas LED display industry, further increasing the industrial layout, increasing the development costs of domestic and overseas markets, and newly establishing a number of overseas companies. At the same time, the company has added new spaces such as small spacing. The investment in research and development of products leads to an increase in costs;
2. The company is currently in a strategic upgrade cycle. The hotel scenario operation project is in the early stage of strategic layout. The company has accelerated the market preemption speed of the hotel business, resulting in an increase in short-term expenses;
3. The pre-production business transferred to Huizhou Company brought a phased increase in operating costs;
4. The provision of restricted stock incentive costs of 13.95 million, as well as public welfare donations and other factors caused the company's profit during the reporting period to decline.
5. The impact of non-recurring profit and loss amount on net profit in the first three quarters of 2015 was approximately RMB 5,994,300, which mainly included corporate wealth management product income and government subsidy income.
Ruifeng Optoelectronics (300241) expects net profit for the first three quarters of 2015 to fall 40% - 20% from the same period last year.
.jpg)
The main reason for the decrease in net profit attributable to shareholders of listed companies compared with the same period of the previous year:
1. Due to fierce market competition, the gross profit margin of product sales declined year-on-year.
2. During the reporting period, the company's non-recurring gains and losses are expected to be 6,674,900 yuan, mainly for government subsidy income.
Huitian New Materials (300041), net profit for the first three quarters of 2015 is expected to fall by 15% - 25% from the same period of the previous year.
.jpg)
The main reason for the decrease in net profit attributable to shareholders of listed companies compared with the same period of the previous year:
1. The competition in some traditional products has intensified. In order to consolidate market share, promote the promotion of mature products, and upgrade some new products in the process of mass production and production, the pre-cost sharing results in relatively low gross profit margin;
2. In the report period, the decrease in non-operating income and the increase in loans led to an increase in interest expenses, which also had a certain impact on the profit level.
Scented Candle,Coconut Scented Candle,Luxury Scented Glass Candles
XINGYONG XMAS OPTICAL (DONGGUAN ) CO., LTD , https://www.xingyongxmas.com