LED backlight and lighting is still the growth of Ruifeng Optoelectronics this year

On April 20th, Ruifeng Optoelectronics, a member of the G20-LED Summit, released its first quarterly report for 2013. During the reporting period, the company achieved revenue of 121 million yuan, a year-on-year increase of 63%, a decrease of 25% from the previous month; operating profit of 10.22 million, a year-on-year increase of 76%, a decrease of 13% from the previous month; net profit attributable to listed companies was 8.56 million yuan, a year-on-year increase 72%, down 20% from the previous month; EPS 0.08 in the first quarter.

Industrial Securities said that in 2013, backlighting and lighting is still the dual engine of Ruifeng Optoelectronics' growth: the company has become one of the major suppliers of medium and large-size LCD backlights in the field of backlights, and has become the domestic number in the field of LED TV backlights. one. The future growth of the backlight business depends on the natural growth of existing customers, the increase in share and the development of new customers.

In 2012, the company's sales to major customers Konka was about 140 million yuan, accounting for more than 40% of Konka's overall purchase share. There is not much room for further increase in the share, but the large and medium-sized LED backlight industry is still growing. Industrial Securities expects In 2013, the LED backlight penetration rate of LCD TVs will increase from about 70% in 12 years to about 90%, and the company will benefit from the natural growth of customer LED backlight demand.

Ruifeng Optoelectronics has a current production capacity of about 500 KK/month. In the first half of 2013, it will further expand to 800 KK according to market conditions. The company will change the implementation of LED backlights, lighting and other fundraising projects to Shanghai subsidiaries, and accelerate Shanghai in 13 years. The construction and commissioning of the base will solve the bottleneck of capacity growth in the future.

In terms of cost control, the three expense ratios in the fourth quarter of 2012 were 10.87%, down 2.48 percentage points year-on-year and 2.21 percentage points quarter-on-quarter; the three expense ratios in the first quarter of 2013 were 12.92%, down 0.71 percentage points year-on-year and 2.05 percentage points quarter-on-quarter. The overall expense rate level is lower than that in 2010 and 2011, and the increase in the fourth quarter and the first quarter is a normal quarterly factor. At the end of the period, the company's monetary funds were 229 million, long-term and short-term loans were 0, and the cash reserves were still relatively abundant. The deposit interest of the raised funds made the company's financial expenses negative for two years. The net cash flow from operating activities in the first quarter was 1.33 million, a year-on-year decrease of 91.52%, mainly due to the influence of the Spring Festival, the slowdown in the payment of goods before and after the Spring Festival, and the increase in payment due to suppliers.

Xingye Securities said that Ruifeng Optoelectronics is in the LED industry's best growing backlight and lighting field. The TV backlight industry chain is relatively closed, the downstream customers are large, and there are certain barriers to competition. The lighting demand has accelerated at the beginning of the year. It laid a good foundation for the company's performance growth.

LED street lights achieve ultra brightness/luminance; energy-saving over 70%. Special modular design for theLens (independent modules) and high luminous efficacy, high CRI, easy for maintenance.Intelligent and isolated power supply (NS semiconductor and Japan Rubycon capacitor), reliable and stable; automatically reduce current against overheating working temperature

LED Street Lamp

Led Street Light,Street Lamp,Led Lamp,Street Lamp Post

Yangzhou Beyond Solar Energy Co.,Ltd. , https://www.ckbsolar.com