Another performance of the floating red Ruifeng photoelectric 2016 net profit growth of 61.01%

On the evening of February 27, Ruifeng Optoelectronics (300241) released the 2016 annual performance report. During the reporting period, the company achieved a total operating income of RMB 1,187,211.7 million, a year-on-year increase of 28.92%; operating profit of RMB 49,212,900, a year-on-year increase of 100.01%; It was 61.071 million yuan, a year-on-year increase of 70.67%; the net profit attributable to shareholders of listed companies was 53.453 million yuan, an increase of 61.01%; the basic earnings per share was 0.2418 yuan, an increase of 59.81%.

In 2016, the competition in the LED market continued to intensify. The company actively responded to market changes, rationally adjusted its business strategy, focused on R&D and innovation, increased research and development and investment in backlight and automotive products, and continuously optimized customer and product structure to ensure the steady development of the company's operations.

At the same time, Shenzhen Lingtao Optoelectronics Technology Co., Ltd., a wholly-owned subsidiary, was included in the scope of the company's consolidated statements this year to further optimize the company's product structure, boost the company's rapid growth in performance, and consolidate the company's industry competitive advantage.

At the end of the reporting period, the company's total assets balance was 1,881,067,700 yuan, an increase of 58.81% over the beginning of the period; at the end of the reporting period, the balance of shareholders' equity attributable to listed companies was 1,02,821,200 yuan, an increase of 56.34% over the beginning of the period; net assets per share at the end of the reporting period was 3.7187 yuan, At the beginning of the period, it increased by 23.43%.

Due to the inclusion of the wholly-owned subsidiary Shenzhen Lingtao Optoelectronics Technology Co., Ltd. in the scope of the company's consolidated statements this year, the company's total assets and net assets were further expanded, prompting the company's net assets to grow rapidly.

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