Photoelectric Asia focuses on leading enterprise of high-power LED lighting products, its main business for LED lighting applications, the company will not involving areas such as chip manufacturing and packaging, most in the LED industry chain downstream (LED industry chain: substrate manufacturing-materials – wafer growth--LED Tablet-chip package design application –), is the other LED Enterprise buyer. In 2009 the company market share of more than 19% for outdoor lighting, leads the industry in mainland China.
LED lighting industry is entering a phase of rapid development
LED lighting industry in 2007-2010 is cultivation period, 2010 so far, LED lighting industry is growth period of primary stage, so many people very bullish industry future of development status, think from 2012 up, LED lighting will entered fast growth period, LED lighting devices will accelerated alternative general lighting products, and China currently has introduced incandescent lamps eliminated route figure, this will more clear LED lighting of development.
Photoelectric business including LED capabilities on lighting, LED lighting, LED display screen and the special lighting LED four series, 2011 LED lighting business part of which will reach 68.8%, expected by 2012, the company main business will be further concentrated to LED lighting will account for the proportion of its 80-90%.
Opto-electronic industry in service with first-mover advantage
2011 in Dongguan and Guangdong district municipal street lighting on market share is expected to reach 50%, the company was involved in LED street light standards development in Guangdong Province. Subsidy of 600,000 in the next two years, the Guangdong Province LED street lighting, subsidies of approximately 1.8 billion. Highway lighting projects, the service has been successfully involved in Shenzhen express LED lighting project, total length of 120 km, creating a freeway LED lighting of the first.
Companies with innovative profit model and order of empowerment
Business models, service from EMC models, and market has been going on for 4 years, which refers to the vendor to provide free products and engineering, teamed with the Government after the income generated by the energy saving, specific ratio split is 3:7. Characterized by initial investment, long recovery period, profit margins are higher. Currently EMC mode only account for revenue 0.42%, intends to force on the implementation of the model, plan to 2014 EMC mode income accounted for 30% of the company's main revenue.
Sales model, 90% of the income is achieved through agents, 10% revenue is direct marketing. There were more than 300 patents, of which 59 invention patents.
As of the end of October 2011, the company has more than 90 million in net profit. Orders, currently producing 650 million worth of orders, are interested in continental order of 1.5 billion, with foreign orders on the intention of 2.1 billion.
Earnings forecast is expected to
Company 2011-2013 year income was $ 767 million, respectively, $ 1.319 billion, $; EPS of $ 0.68 and $ 1.01, respectively $ 143 million.
