Sanan Optoelectronics LED production capacity boosts performance growth

Recently, Sanan Optoelectronics released the 2015 annual report and the 2016 first quarter report. The report shows that in 2015, the company achieved revenue of 4.858 billion yuan, a year-on-year increase of 6.08%; the net profit attributable to the parent company was 1.695 billion yuan, an increase of 15.88%. The company plans to transfer 6 shares for every 10 shares to send 2.50 yuan. In the first quarter of 2016, the company achieved revenue of 1.178 billion yuan, a year-on-year increase of 27.15%; the net profit attributable to the parent company was 457 million yuan, an increase of 29.02% over the same period.

Provision for the 2015 results was lower than expected, and the first quarter of 2016 was a high growth.

Due to the decline in the share price of Jingyuan Optoelectronics, the company made provision for impairment of 244 million yuan in 15 years, resulting in lower-than-expected performance growth. If the impact of the provisioning provision is deducted, the 15-year performance is in line with previous expectations. In the past 15 years, the company's overall gross profit margin was 46.14%, an increase of one percentage point over the previous year. 16Q1 Company overcomes the impact of the continuous decline in chip prices and achieves significant growth in revenue and profits. The main reason is that Xiamen Sanan's production capacity has gradually released, resulting in the company's revenue growth.

In 2016, MOCVD capacity increased by 60% to ensure continued high growth in performance.

The company's original 170 MOCVD equipment, 16 years of Xiamen Sanan will increase the equivalent of 106 MOCVD equipment, to ensure that this year's revenue and profits continue to grow rapidly. The company's automotive lamp business has grown rapidly, has been widely recognized by customers, and has a broad market prospect, which has become one of the company's new growth drivers.

Compound semiconductor business endogenous + epitaxial two-wheel drive, re-create a new Sanan.

By the end of 2015, the infrastructure of Xiamen Sanan Integrated Company has been basically completed, and the first phase of equipment has been trial-produced. The current production capacity can reach 4,000 pieces/month. The company has sent samples to many customers for testing. Several products have been certified and will be Started small-volume supply and began to contribute revenue this year. The company plans to acquire GCS for US$226 million. Upon completion of the merger, it will rapidly upgrade Sanan's integrated technical capabilities and overseas customer development capabilities, accelerate the development of compound semiconductor business and enhance the company's core competitiveness.

Open Frame For Capacitive Touch All-in-one

ShenZhen GreenTouch Technology Co.,Ltd , https://www.bbstouch.com