Interpretation of the annual report of listed companies of lighting appliances: 4 major points


As of the end of April, well-known lighting appliances listed companies at home and abroad have released the 2007 annual business report. 2007 is the year of continuous development of the lighting electrical industry. The annual performance of listed companies reflects the status of the industry. Here is the relevant listed companies. The annual report is briefly analyzed.

1. Domestic companies have achieved outstanding results

Foshan Lighting (000541) completed a total of 1 billion bulbs in 2007, an increase of 11% over the previous year; operating income was about 1.5 billion yuan, of which lighting appliances sales revenue was 1.46 billion yuan, an increase of 18.83% over the previous year; The annual increase was 25.58%; the operating profit rate was 20.71%, down 17.07% from the previous year, mainly due to the increase in raw materials and fuel costs; in the regional market distribution, domestic sales of 910 million yuan, foreign sales of 550 million yuan. In 2007, Foshan Lighting increased its investment in production bases, which not only greatly improved the production capacity of the company, but also created conditions for the company to achieve a new level of strategic goals. In 2008, Foshan Lighting will further adjust its product structure, vigorously develop and produce energy-saving products and high value-added products, such as metal halide lamps, LED lamps, energy-saving lamps, automotive metal halide lamps, etc., to improve the profitability of the company's products; The international trade environment has changed, further expanding export and export business; developing brand advantages, strengthening brand building, enhancing the brand's appeal and recognition, vigorously expanding the secondary and tertiary markets, and promoting the healthy and rapid development of the company.

Zhejiang Sunshine (600261) produced 210 million energy-saving lamps in 2007, with 9,665,700 sets of lamps and lanterns, operating income of 1.75 billion yuan, 97% of the planned target, an increase of 3.8% over the previous year; profit of 110 million yuan, the completion of the plan 94%, basically the same as last year. In the regional market distribution, domestic sales accounted for 20%, only half of the previous year, because the company is adjusting the domestic marketing model and network system. In 2007, Zhejiang Sunshine actively slowed down its growth rate, revised its strategic thinking, and consolidated its development foundation. Domestically, the construction of the network foundation was the focus of work, and the domestic sales model was adjusted. The domestic market network foundation was gradually improved, and the current domestic market first-level dealers There are 176 companies in Jiangxi, and the production base in Jiangxi has begun to take shape. In foreign countries, it has reached an agreement with Indian distributors to establish a joint venture in India, and the Vietnam-owned brand sales network has been initially constructed. Zhejiang Sunshine believes that capacity constraints caused by production site constraints and shortage of labor resources have affected the company's development, so it plans to continue to expand production scale, including joint ventures with Philips. Zhejiang Sunshine has found that its own brand market is highly volatile. It has decided to completely change its concept and action to the status quo of relying on OEM for a long time. It is firmly established that only its own brand is the guarantee for the sustainable development of the company. There are brand channels and expand the share of the private label market. Zhejiang Sunshine has begun to adjust the original marketing model, improve its own brand distribution network, enrich the internal product manager team, increase advertising and technology development investment, and further expand the domestic market. It plans to achieve an operating income of 2.1 billion yuan in 2008. The net profit is 120 million yuan.

Feile Audio (600651) 2007 annual operating income of 1.44 billion yuan, a profit of 75 million yuan; of which lighting electrical sales revenue of 890 million yuan, an increase of 20.9% over the same period last year, net profit of 406 million yuan, an increase of 7.1 over the same period last year %. In 2007, Yaming Bulbs Co., Ltd., a subsidiary of Feile Audio, continued to develop around the market of light source, electrical appliances and lamps through the implementation of product integration and technology leadership strategy. In 2007, it achieved simultaneous growth in the international, domestic and OEM markets. . In 2008, Feile Audio will continue to implement the strategic policy of focusing on the development of lighting business and IC card business. In the green lighting industry to achieve enterprise technology leadership and product integration strategy, on the one hand, it will increase technology investment and implement key product development projects. On the other hand, it will strengthen domestic and international market expansion and brand building. According to the development trend of LED new light source, it will gradually determine the development direction and target of LED new light source; it will increase the capital of Huaming Bulb Factory Co., Ltd. by 50 million yuan to improve the company's green lighting. Product capacity, expand the influence of independent brands, in order to achieve steady growth in lighting revenue.

Snow Wright (002076) 2007 operating income of 340 million yuan, an increase of 24.04% over the same period of the previous year; net profit of 0.5 billion yuan, an increase of 15.81% over the same period of the previous year; among them, car lamp sales income of 90 million yuan, the profit rate of 45.63 %, down 10.66% from last year, the sales revenue of lamps and intubation lamps exceeded 0.8 billion yuan, and their profit margins exceeded 20%. In the regional market distribution, South China's sales revenue was 210 million yuan, foreign sales revenue was 67 million yuan, East China region was 0.32 billion yuan, and North China, Southwest China, Northwest China, and Central China totaled 25 million yuan. In 2007, while steadily developing its existing main business, Shelllight further strengthened its channel and brand building, strengthened financial management and cost control, and implemented a division of divisions based on product divisions, and adjusted the product structure accordingly; With the increase in raw materials and labor costs, the company's performance continued to grow steadily through continuous improvement of production technology, improved labor productivity, energy reduction and effective internal cost management control. In the future, Snowlight will take advantage of the opportunity of China's energy-saving lighting market to start and reform the business department, vigorously promote and enhance brand awareness. At the same time, under the premise of improving product support, gradually establish the core competitiveness of the company's brand and channel, and increase the proportion of independent brands. .


1 2 Next Page

Lithium Battery

Aaa Power Tool Battery,Lithium Dry Battery,Battery Park

Kunteng Co., Ltd. , http://www.spark-e-battery.com