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High Power Led Flood Light,1000W Led Flood Light,high Quality Stadium Floodlights

Oct 22, 2016

Ruifeng power research report: strong earnings visibility almost certain inflection transformation

frontp TV sales continued to decline, although the first half of the large-size backlight has had an impact, but the domestic large-size backlight leading Ruifeng power does not seem to be affected. backpfrontp Ruifeng power in the first half 2015 revenue of 460 million yuan, up 13%; net profit of 21.66 million yuan owned by the parent, an increase of 3%; the mother deduction of non-normalized net profit of 18.09 million yuan, an increase of 9%.  LED stadium light market continues to expand, the company actively expand cooperation with well-known companies to achieve a rapid growth of 18%. Through the development of new large-size backlight high power LED flood light customers, revenues maintained a slight increase of 4%. During the reporting period gross margin fell 2 percent, mainly due to fierce competition in the market LED lighting, LED lighting product prices fell due. backpfrontp brisk performance LED bay light automotive applications, developing backpfrontp the first half of 2015, the company automotive applications LED business to achieve revenue 4.84 million yuan, an increase of 165%, gross profit margin of 52%, performance rosy. backpfrontp accompanied automotive 1000W LED flood light business accounted for the increase, the company's profitability will be further improved, the company is actively looking for investment targets in the field of LED lights, is expected to expedite the completion of mergers and acquisitions by epitaxial Automotive Electronics LED source module -LED -LED cars cars industrial chain layout of the lamp. backpfrontp backlight and illumination LED tunnel light business is growing steadily, set by locking large customers backpfrontp current large-size LED backlight and LED lighting products are still the company's main product, to maintain steady growth. Although LED backlight TV market has matured, but the company and Konka, Changhong and other heavyweight customers to maintain the depth of cooperation, and in June this year to raise matching funds set by TCL, lock-up period of three years, therefore, the company's original business with backlight the steady growth of basic resources. LED street lighting products in the field, the downstream demand continues to increase, and the company in June this year, shares in Granville easy to cut into the smart home industry chain formal, intelligent lighting products have been landed. backp