In 2016, Huacan Optoelectronics achieved revenue of 1.582 billion yuan, a year-on-year increase of 65.62%; net profit attributable to shareholders of listed companies was 267 million yuan, up 378.43% year-on-year; net profit after deduction was 25.51 million yuan, up 113.38% year-on-year. Among them, Q4 achieved revenue of 511 million yuan, a year-on-year increase of 99.6%; net profit attributable to shareholders of listed companies was 126 million yuan, up by 230 million yuan year-on-year; net profit after deducting homes was 44.85 million yuan, up 174 million yuan.
In 2017, Q1 is expected to achieve a net profit attributable to shareholders of listed companies of RMB 76 million to RMB 81 million.
In 2016, the company's revenue grew rapidly. On the one hand, due to the completion of the merger and acquisition of the upstream sapphire substrate supplier Lanjing Technology in May 2016, Blue Crystal consolidated its revenue by 231 million yuan. After deducting the influence of blue crystal, the company achieved 16 years. Revenue was 1.351 billion yuan, up 41.5% year-on-year; on the other hand, due to the completion of the company's LED upgrade project, the scale of production and sales increased significantly, and the sales volume of LED chip products increased by 130.96%.
The profitability of LED business has improved significantly. The gross profit margin of products in 16 years is 24.05%, which is 7.3 percentage points higher than last year. The gross profit margin of Q4 products is 29.77%.
In 2016, the LED chip industry shuffled, the backward production capacity was eliminated, and the price competition returned to rationality. The company's LED chip products benefited from the rapid growth of the market demand for small-pitch display screens, and the price rose steadily. In addition, the company's profit was driven by the scale advantage. power enhanced. The gross profit margin of the company's 16H2 blue LED was 25.4%, up 12.6 percentage points over 16H1; the gross profit margin of green LED chips was 24.2%, up 19.4% from 16H1.
It is planned to acquire a new journey in the field of sensor innovation. The company plans to issue 237 million shares and indirectly complete the acquisition of the world's leading MEMS company, Meixin Semiconductor, at a price of 1.65 billion yuan, thus entering the field of MEMS sensors. The new products are concentrated in the field of inertial sensors, and their products are widely used in the automotive and consumer electronics fields. Committed to 2017-2019 annual net profit of 90 million, 110 million and 130 million yuan.
With the addition of new blue crystal consolidated and LED chip equipment, the company's performance has grown rapidly.
Guangzhou Ysure Electronic Technology Co., Ltd. , https://www.ysurecase.com