Stock Code:002449

NationStar published 2014 Semi-annual report on August 13, Net profit growth of 29.30%

2014-08-15 16:00

During the reporting period. The company achieved operating income 727.1196 million, growth of 32.45% over the previous year. Net profit of the listed company owners is 64.4495 million, up 29.30 % over the previous year. Earnings per share of 0.15 yuan, the weighted average return on net assets is 2.95%. The consolidated gross profit margin of products is 25.01%, dropped 1.13 percentage points over the previous year. The consolidated gross profit margin is relatively stable.

The major accounting data and financial indicators of 2014 Semi-annual 


The development of the LED industry rapidly. LED lighting products application continues to expand the market demand scale and the market penetration continuous improvement , thus the industrial scale of upstream packaging and chips has further expanded.

    Meanwhile, with the development of LED industry, the market competition will intensify, LED product prices will show a continued downward trend.

    During the reporting period. The company achieved operating income 727.1196
million, growth of 32.45% over the previous year. Net profit of the listed company owners is 64.4495 million, up 29.30 % over the previous year. Earnings per share of 0.15 yuan, the weighted average return on net assets is 2.95%. The Consolidated gross profit margin of products is 25.01%. As of June 30, 2014, the company's total assets is 3514.2151 million, 3.33% growth over the beginning of 2014.

The composition of the main business of 2014 Semi-annual


  During the reporting period, the main products LED devices, LED components, lighting application and other main products’ gross margin is 24.65%, 30.55%, 19.74%.

    During the reporting period, Our key construction projects has been basically completed and put into use. The electromechanical power equipment installation has been completed in new plant on Huabao Road, most of the plant has been put into use. These have laid a good foundation for the further expansion of the company.

    At the same time. since the epitaxial chips project in NationStar Semiconductor put into production gradually at the beginning of the second half of 2013, about 15 MOCVD equipments has been installed and tested and put into production, most production chips supply to packaging business of the company.

    During the reporting period, The company continued to promote the brand and channel construction. The company raised capital to ensure the brand and channel construction projects develop steadily, and held dealer conference in Henan, Jiangsu, Zhejiang, Anhui, Hubei and other places. Up to now, the company has more than 10 operations center in the markets throughout the country, one direct offices and more than 1,000 outlets.

    The company earnings growth benefited from the good situation of the industry boom in the first half of 2014. The development of the LED industry rapidly, Our packaging and chips industry scale will take a further expand.