In recent days, Zhaochi, Changfang Group, Jucan Optoelectronics, Guangdong Ganhua and Alto Electronics have also disclosed their 2018 semi-annual results. Among them, only Alto's performance has been pre-increased, and the performance of Zhaochi and Changfang Group has been reduced, while Guangdong Ganhua and Jucan Optoelectronics are expected to lose money.

Zhaochi shares are expected to realize a net profit attributable to shareholders of listed companies from January 1, 2018 to June 30, 2018, with a net profit of 229,457,900 yuan to 327,779,700 yuan, a decrease of 0%-30% compared with 327,779,700 yuan in the same period of last year.

Zhaochi said that the company focused on its main business and solidly promoted various work. The sales of its products were relatively stable. The operating income from January to June 2018 was about 5.6 billion yuan, an increase of 49% over the same period of the previous year. However, on the one hand, due to the rising cost of various raw materials, the unit price of commodities decreased, resulting in a decrease in gross profit margin of products; on the other hand, due to the exchange rate loss caused by fluctuations in the RMB exchange rate, the financial expenses increased compared with the previous year, so it was attributed to the shareholders of listed companies during the reporting period. Net profit has declined.

The Changfang Group expects a net profit attributable to shareholders of the listed company from January 1, 2018 to June 30, 2018, to be 7.5 million yuan to 11 million yuan, down 10.72%-39.13% from 12.32 million yuan in the same period of last year.

According to the announcement, the performance in the first half of 2018 decreased compared with the same period of last year. The main reasons are as follows: The holding company Shenzhen Kangmingsheng Technology Industrial Co., Ltd. completed its 2014-2015 performance commitment period, compared with the same period last year in the first half of 2018. The change is small and basically stable. Secondly, listed companies optimize shareholder structure and adjust the strategic thinking of new shareholders. In the first half of 2018, the company gradually adjusted the existing product structure of the parent company to reduce and destock the low-end LED light source packaging products with poor profitability. Although it led to a decrease in the profit level in the first half of 2018, this move laid the foundation for the company's follow-up product upgrade and sustainable development. In addition, financial investment income decreased by about 40% compared with the same period last year.

In addition, the impact of non-recurring gains and losses on net profit for the first half of 2018 is estimated to be approximately RMB 8 million.

Jucan Optoelectronics expects a net profit loss of 8 million yuan - 12 million yuan attributable to shareholders of listed companies from January 1, 2018 to June 30, 2018, compared with a profit of 55,765,300 yuan in the same period last year.

Jucan Optoelectronics said that due to the development of the industry and the intensification of market competition, the price of products in this period has been adjusted, resulting in a decline in gross profit margin and a sharp drop in gross profit. Secondly, with the development of business needs, the company’s management personnel have increased, and management expenses have increased significantly. Moreover, in order to supplement the insufficient working capital, the company increased the amount of debt financing, which led to an increase in interest expenses. At the same time, due to exchange rate fluctuations, the exchange loss in the current period increased compared with the same period of last year.

In addition, it is estimated that the impact of non-recurring gains and losses on net profit from January to June 2018 will be approximately RMB 10.4 million.

Guangdong Ganhua is expected to have a net profit loss of RMB 101-42 million from shareholders of listed companies from January 1, 2018 to June 30, 2018, compared with a loss of RMB 20.08 million in the previous year.

According to the data, during the reporting period, the company's estimated operating loss was mainly due to the suspension of production of Guangdong Jiangmen Biotechnology Development Center Co., Ltd., a wholly-owned subsidiary, which required a large amount of asset impairment provision and staff placement fees. In addition, the “Yunxin-Hongrui 24 Collective Fund Trust” products purchased by the company suffered a large loss.

Alto Electronics expects to realize a net profit of 80 million yuan to 100 million yuan attributable to shareholders of listed companies from January 1, 2018 to June 30, 2018, an increase of 30.98% - 63.73% over the same period of the previous year of 61.076 million yuan.

Alto Electronics said that after preliminary calculations, the company's operating income in the first half of 2018 increased significantly compared with the same period of last year. Operating cash flow improved significantly compared with the same period of last year, but the growth rate of net profit did not meet expectations. The main reason was: during the reporting period, the company Changes in operating income structure have resulted in a lower gross profit margin than expected, and sales expenses and R&D investment have increased.

 

from： LEDinside