Last year, because of a paper "super order of 8.7 billion yuan" and become the new three-board "bright star", Occi, did not seem to stop his own pace.
On April 27th, Aoqis released its 2016 annual report. The company achieved a revenue of 99.991 million yuan, a year-on-year increase of 127.20%. The net profit attributable to the listed company's shareholders was 86.158 million yuan, an increase of 82.79%.
For the substantial increase in net profit of the company, the company said that the main reason is to further explore the domestic and foreign markets, the implementation of orders from the company's overseas Brazil and the richness of the company's product categories, resulting in a substantial increase in revenue, especially the LDE lamps and lanterns increased by 55,544.4 million yuan. Among them, new products are the main growth point.
Specifically, during the reporting period, the company's management expenses increased by 15.82 million yuan compared with the previous period, with a growth rate of 47.45%. The main reason was that the company increased its R&D investment in order to develop new products, and the research and development expenses increased by 28.1554 million yuan.
In addition, the increase in operating income, the opening of domestic and foreign markets and the opening of foreign direct-sale stores led to an increase in sales expenses of 4,166,800 yuan over the previous period, with a growth rate of 28.71%.
In terms of cash flow, the net cash flow generated by the company's operating activities decreased by 71% from the same period of the previous year to RMB 61,067,900, mainly due to the expansion of the business. In order to expand the sales market, the company increased the marketing expenses.
In addition, in order to expand operations, the company effectively expanded production, the production cycle and the collection cycle of receivables caused the flow of funds to slow down. The company increased the capital inflow through the investment deposits obtained by the company and the large shareholders to provide loans to the company. The net cash flow was 137,778,200 yuan, a year-on-year increase of 63.22%.
Similarly, due to the development of foreign markets, the company’s monetary funds on the books decreased by 68.11% from the end of the previous year to RMB 4,365,600. Accounts receivable and inventories increased by 246.25% and 142.50%, respectively, to 340.9912 million and 12117.52 million.
As of the end of last year, the company's total funds totaled 171,281,700 yuan, an increase of 38.71%, total liabilities of 103,537,640 yuan, an increase of 58.24% over the same period of the previous year, the asset-liability ratio of 60.45%, the current ratio of 56.
Aoqisi listed on the new three board on April 20, 2016, the main business is semiconductor lighting technology research and development and application, LED lighting products industry chain manufacturing, smart home lighting research and development, semiconductor lighting communication system research and development (LIFI visible light wireless communication) Wait.
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