G20-LED Lighting Summit member company Sunshine Lighting (600621) released a semi-annual report. In the first half of the year, the company achieved operating income of 2.126 billion yuan, an increase of 11.92% over the same period of last year. The net profit attributable to shareholders of listed companies was 218 million yuan, a year-on-year increase of 22.01%. The company's revenue and net profit continued to grow steadily.
Among them, LED products revenue was 1.740 billion yuan, up 39.71% year-on-year, accounting for 82.78% of revenue, and traditional energy-saving lamp products revenue was 362 million yuan, down 42.74% year-on-year, accounting for 17.22%.
In the first half of the year, the gross profit margin of the company's products was 26.26%, an increase of 2.38 percentage points over the same period of the previous year. Among them, the gross profit margin of LED light source and lighting products was 1.36 percentage points higher than the same period of the previous year.
Following the establishment of the company in Dallas and Australia in the past two years, the company has invested in the establishment of German companies and French companies. The foreign market has expanded more than 60 customers, ensuring that the company will develop new areas in the context of the slowdown in the original regional market. The market has experienced rapid growth, especially in markets such as Africa and Oceania, which grew rapidly during the reporting period.
Data show that in the first half of the year, the company's business income from Oceania increased by 585.71% year-on-year; business income from Africa increased by 52.64%.
The expansion of production capacity is not a simple increase in the number of personnel. As the company strengthens the guidance of increasing per capita output value, it has effectively promoted the introduction of automation transformation in various types of products and various process links, and moderately promoted mature automation solutions. Reproduction, which strengthens cost control and contributes to the company's overall gross profit margin.
At the same time, the company further upgraded Jiangxi and Anhui into R&D bases based on the original Shangyu and Xiamen R&D bases. At the same time, the newly established Hangzhou R&D Center will continue to invest in the construction of the Shanghai R&D Center, making R&D an important growth driver for the company.
In addition, the company has established four bases in Zhejiang, Fujian, Jiangxi and Anhui, with an annual production capacity of 300 million LED light sources and 80 million LED lamps. In the bulb products and lamp products, some of the company's single products have formed a scale.
In 2016, the company's business plan was operating income of 4.8 billion yuan and operating costs of 3.366 billion yuan. From January to June 2016, the company achieved a total operating income of 2.126 billion yuan and completed 44.29% of the revenue plan.
With the gradual commissioning of the company's fundraising projects, the company's LED lighting products increased its operating income in the first half of the year, achieving a net profit attributable to owners of the parent company of RMB 218 million, and completed 54.50% of the plan. The completion is in line with the progress of the business plan. .
Zirconia Ceramics,Zirconia Engineering Components,Zirconia Precision Parts,Zirconia Wear Resistant Parts
Yixing Guanming Special Ceramic Technology Co., Ltd , https://www.guanmingceramic.com