Edison's non-consolidated revenue in August was 196 million yuan (NTD, the same below), which was almost the same as July's 195 million yuan. The capacity utilization rate is still around 70%. In September, it is still impossible to see the peak season growth performance.
Edison pointed out that as long as the price of the product continues to be low, it can simply raise the level of revenue and capacity utilization, but this will damage the company's gross margin performance, so the company screens for very poor prices, although the move This makes it impossible to see a growth trend in single-month revenue, and the capacity utilization rate is also around 70%, but Edison said it will maintain a relatively healthy operating margin and profit.
Edison believes that the average product price of the overall LED market continues to decline. Although the company can make screening actions for its own orders, this can only make the price decline not too fast. To maintain the gross profit margin, it must also start with cost control. Therefore, based on the concept of centralized management, Edison will gradually shift the production capacity of Taiwan plants to Guangdong and Yangzhou factories in the future, and the cost will be more effectively controlled.
Edison pointed out that the current order is mainly based on small orders, and the order visibility is about 1~1.5 months. At present, there is still no growth momentum that can drive the revenue to break through the deadlock. Even the September revenue may still have a flat performance. The third quarter revenue will not be strong in the peak season, and the outlook for the fourth quarter is still unclear.
Edison pointed out that as long as the price of the product continues to be low, it can simply raise the level of revenue and capacity utilization, but this will damage the company's gross margin performance, so the company screens for very poor prices, although the move This makes it impossible to see a growth trend in single-month revenue, and the capacity utilization rate is also around 70%, but Edison said it will maintain a relatively healthy operating margin and profit.
Edison believes that the average product price of the overall LED market continues to decline. Although the company can make screening actions for its own orders, this can only make the price decline not too fast. To maintain the gross profit margin, it must also start with cost control. Therefore, based on the concept of centralized management, Edison will gradually shift the production capacity of Taiwan plants to Guangdong and Yangzhou factories in the future, and the cost will be more effectively controlled.
Edison pointed out that the current order is mainly based on small orders, and the order visibility is about 1~1.5 months. At present, there is still no growth momentum that can drive the revenue to break through the deadlock. Even the September revenue may still have a flat performance. The third quarter revenue will not be strong in the peak season, and the outlook for the fourth quarter is still unclear.
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