LED listed company Q1 earnings per share top three: Who can crown "profit king

Note: Earnings per share (EPS) refers to the ratio of the profit after tax to the total number of shares, which is the net profit of the company that the ordinary shareholder can enjoy for each share or the net loss of the enterprise. Upstream: Sanan Optoelectronics: 0.15 Aoyang Shunchang: 0.054 Ganzhao Optoelectronics: 0.02 Sanan Optoelectronics sits on the epitaxial chip profitable king 2015 first quarter report period, the company realized operating income of 927 million yuan, an increase of 12.62 year-on-year; The net profit of ordinary shareholders of listed companies was 354 million yuan, up 55.39 over the same period of the previous year; the net profit after deduction was 227 million yuan, up 68.46 over the same period of last year; earnings per share was 0.15 yuan, up 50. Analysis: Thanks to R&D capabilities and scale advantages, the company's net profit has increased substantially, and its gross profit margin has continued to record high. While establishing a foothold in the local market, the company's overseas market has further expanded, and at the same time, it has entered the field of semiconductor power devices, improved its performance and promoted the company's sustainable development. Aoyang Shunchang's cross-border transformation and rapid growth In the first quarter of 2015, the company achieved operating income of 363 million yuan, an increase of 8.86; the net profit attributable to ordinary shareholders of listed companies was 51.631 million yuan, an increase of 64.75 over the same period of the previous year. The net profit after deduction was 45.745 million yuan, an increase of 64.8 over the same period of last year; the earnings per share was 0.05 yuan, an increase of 40.47. Analysis: The company's LED first-phase business was completed and the production capacity exceeded the original design capacity, and the net profit has increased significantly. In addition, due to the decline in the price of the substrate and the increase in the price of metal materials, the cost reduction has led to a profitable growth for the company. Ganzhao Optoelectronics has to rely on the blue-green light in the first quarter of 2015. During the reporting period, the company realized operating income of RMB 8,804.15 million, down 12.48% year-on-year; realized net profit attributable to common shareholders of listed companies of RMB 4.5957 million, a decrease of 71.8 over the same period of the previous year. Earnings per share were 0.02 yuan, a year-on-year decrease of 66.67. Analysis: LED market competition is becoming increasingly fierce, industry technology update is fast, the company's new product blue, green LED epitaxial wafers and chips are still in the trial production stage, resulting in a decrease in operating income and a sharp decline in net profit. Midstream: Mulinsen 0.21, Jufei Optoelectronics 0.16, Hongli Optoelectronics 0.11 Mulinsencheng Encapsulation Profitable Champion 2015 First Quarterly Report During the reporting period, the company achieved operating income of 751 million yuan, an increase of 15.49 year-on-year; realized net profit attributable to shareholders of listed companies 9229.12 million yuan, an increase of 2.42 over the same period of the previous year; net profit after deduction of non-guarantee was 92.368 million yuan, an increase of 3.75 over the same period of last year; earnings per share was 0.21 yuan, down 8.7 year-on-year. Analysis: The LED market is highly competitive. As a market latecomer, the company has higher labor costs and higher sales costs, resulting in a net increase in net profit that does not coincide with operating income. At the same time, the company continued to expand its efforts in overseas markets, and strengthened research and development innovation to provide new profit growth points for the company's further development. Jufei Optoelectronics Steady Growth 2015 First Quarterly Report During the reporting period, the company achieved operating income of 206 million yuan, down 3.22 year-on-year; realized net profit attributable to ordinary shareholders of listed companies of 44.077 million yuan, an increase of 16.58; earnings per share reached 0.16 yuan , an increase of 23.08. Analysis: The company is a leading company in the field of LED backlighting in China, with a market share of more than 30, but should also be wary of the decline in the company's operating income due to increased market competition. With the smooth expansion of the overseas market and the expansion of the localization of the optical film and flashlight business, the company will usher in new developments. Hongli Optoelectronics' profitability has improved. During the reporting period of 2015, the company achieved operating income of 288 million yuan, a year-on-year increase of 62.45; realized net profit attributable to ordinary shareholders of listed companies of 27.27 million yuan, an increase of 91.15; earnings per share of 0.11 Yuan, an increase of 91.22 year-on-year; the expense ratio was 14.87, a decrease of 0.3 from the same period of the previous year. Analysis: Thanks to the growth in demand in the global LED lighting market and the effects of mergers and acquisitions, the company's revenue growth has been significant, profitability has improved significantly, and its performance has grown substantially. Downstream: Aibesen 0.385, Lianjian Optoelectronics 0.15, Liard 0.11 Ai Bisen later in the first quarter of 2015 report period, the company achieved operating income of 217 million yuan, an increase of 12.82; the realization of the net attributable to ordinary shareholders of listed companies The profit was 30.796 million yuan, an increase of 6.83 over the same period of last year; the earnings per share was 0.385 yuan, down 13.87 year-on-year. Analysis: Due to the expansion of overseas markets and the rapid growth of small-pitch LEDs, the company's business has achieved new growth and overall profitability has increased. With the development of downstream channels, especially the development of high-end hotel market, the company will usher in further development. In the report period of the first quarter of 2015, the company achieved operating income of 256 million yuan, an increase of 95.52; the net profit attributable to ordinary shareholders of listed companies was 2,748,300 yuan, an increase of 472.09 over the same period of last year; Earnings per share were 0.15 yuan, an increase of 275. Analysis: The increase in business revenue was mainly attributable to the completion of the acquisition of Timeshare Media, EasyCard and UTi Public Relations. Due to the development of new customers and the synergy generated by mergers and acquisitions, the company's profits have achieved explosive growth. During the reporting period of the first quarter of 2015, the company achieved operating income of 227 million yuan, a year-on-year increase of 59.01; net profit attributable to ordinary shareholders of listed companies was 34.05 million yuan, an increase of 219.42 over the same period of the previous year. The high growth was mainly due to the increase in compensation for demolition of old office buildings and government subsidies; earnings per share were 0.11 yuan, a year-on-year increase of 266.67. Analysis: As a leading industry in the small-pitch industry in China, the company's small-pitch business is in a period of high growth. In the first quarter, the small-interval LED revenue was 97.41 million, a year-on-year increase of 72, and orders of 160 million, an increase of 44. With the development of overseas markets, the company's business is expected to be further improved.

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