Ledman Optoelectronic Co.Ltd(300162) (300162) disclosed the annual performance forecast for 2021 on January 18. The company expects to achieve an operating revenue of RMB 1.25 billion-1.32 billion in 2021, with a year-on-year increase of 52.7% – 61.2%; The net profit attributable to the parent company is expected to be 46 million yuan – 59 million yuan, of which the net profit after deducting non recurring profits and losses is 29.5 million yuan – 42.5 million yuan, turning losses into profits year-on-year. Moreover, from the company’s past financial report data, the revenue and net profit indicators in 2021 are expected to reach a record high since the company’s listing.
The announcement shows that Ledman Optoelectronic Co.Ltd(300162) has actively explored the market in China, continuously increased the market share of the basic sector in the special display track, and gradually increased the volume of commercial display track, driving the rapid growth of domestic sales revenue. At the same time, the company is also continuing to maintain its competitive advantage in the overseas market. The demand for export orders continues to increase in 2021, realizing the synchronous increase of overseas business revenue; On the other hand, the company actively implemented cost reduction and efficiency increase, and increased the shipment of high value-added products, making the gross profit margin rise steadily. The combined effect of the substantial growth of revenue scale and the improvement of profit margin makes the company’s net profit grow strongly in 2021.
In addition, Ledman Optoelectronic Co.Ltd(300162) has continuously improved its operation and management level, continuously introduced excellent talents, deeply promoted performance appraisal and incentive work, implemented stock option incentive plan for senior managers, core technology and business backbone personnel, fully stimulated the enthusiasm of employees and helped the company’s operation to continue to improve.
According to the forecast of Ledman Optoelectronic Co.Ltd(300162) , the company’s operating revenue is expected to increase by 52.7% – 61.2% in 2021, with an amount of RMB 1.25 billion-1.32 billion. This forecast data has successfully crossed the performance threshold of the first exercise period set by the company’s phase II equity incentive plan. The threshold requires that the operating revenue in 2020 be taken as the base, the growth rate of the company’s operating revenue in 2021 shall not be less than 46.55%, and the incentive object can exercise 30%. From the lower limit of the performance forecast, they have exceeded the minimum threshold required by the exercise conditions.
It is understood that the reason why Ledman Optoelectronic Co.Ltd(300162) can achieve performance reversal in 2021 is mainly based on the R & D and industrial layout of the new generation of microled display technology based on cob packaging technology many years ago, and the launch of a series of industry-leading independent intellectual property microled ultra-high definition display products. During the reporting period, Ledman Optoelectronic Co.Ltd(300162) further improved the UHD display product matrix and continued to consolidate the company’s competitive advantages in the field of dedicated display and commercial display. At the same time, it successively released four home giant screen UHD products to enter the trillion level home display market.
