Jingke Electronics' revenue in the first half of the year exceeded 244 million yuan LED backlight and lighting into the main force

On August 18, Jingke Electronics (836789) released its 2016 semi-annual report. In the first half of the year, the company achieved operating income of RMB 244.16 million, an increase of 262% over the same period of last year, and realized operating profit of 13.49 million yuan, an increase of 221% over the same period of last year. Net profit was 17.72 million yuan, an increase of 305% over the same period last year.

Gaogong LED inspection data found that the growth of Jingke Electronics' reporting period was mainly due to the company's good performance and advanced technology, and its products were recognized by domestic and international markets. With the expansion of production capacity and the continuous growth of orders, the company's sales revenue has increased significantly, and the gross profit margin level and profit level have been effectively improved.

Jingke Electronics is a high-tech enterprise engaged in the R&D, manufacturing and sales of LED devices, module light sources, light engines and intelligent lighting products. It is in the middle of the LED industry chain. For high-end customers at home and abroad, the main customers are well-known TV manufacturers (such as Skyworth TV, TCL, etc.) and well-known LED lighting companies (such as Philips Lighting).

The performance of Jingke Electronics in the first half of the year also seems to confirm that there is no bad industry, only the bad business. Although everyone faces the same market risks, the results may not be the same.

At present, the industry concentration is not high, the market share is relatively scattered, and new competitors are constantly influx, and the market presents a homogenous competition pattern.

At the same time, as the global LED industry accelerates to shift to China, the product and price distance between multinational companies and Chinese companies is drawing closer, especially in the LED device, component and application industries, and the price of products is still facing a downward risk.

In the future, Jinke Electronics needs to continue to consolidate and expand its competitive advantage to ensure the company's performance has grown steadily.

Jingke Electronics said that in the face of increasingly fierce competition in the industry, the company will continue to increase investment in LED backlighting and lighting.

Maintaining technology and product leadership in the industry through continuous improvement of current products and continuous development of new products, especially in the areas of flip chip, chip scale packaging, integrated packaging, intelligent lighting, backlight solutions, etc. Status, and continue to reduce costs and improve their own market competitive advantage.

In addition, Jingke Electronics will continue to expand sales channels to cope with the upcoming market competition risks.

Dr. Xiao Guowei, Chairman of Jingke Electronics, said, “In response to the more popular CSP technology in the market in the past two years, Jingke Electronics has also made great efforts in research and development, and innovatively launched NCSP series products that are more in line with market demand. Ke Electronics has always adhered to independent innovation and is committed to solving key technological breakthroughs in the process of technology transfer to industrialization."

Nowadays, the level of China's LED technology and products is very close to the international level, and even reaches the international leading level. It can be favored by the international market through the cost performance of the products.

“In the next two or three years, intelligence will continue to develop, and different applications in the market will continue to emerge. But the promotion of applications requires a process that will not be a simple one. We have high performance, high quality, low price. The product is provided to consumers, which is the healthy development of the industry.” Xiao Guowei mentioned.

On June 16th, Jingke Electronics officially listed the new three boards in Beijing, which also provided a new step for the development of Jingke.

In the future, Jingke will focus on product development and market development, expand its main business by capital, attract more resources, and seek more cooperation opportunities from the horizontal and vertical extension of the industry chain. . Through the cooperation mode of capital, the scale of development of Jinke Electronics will be rapidly expanded.


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