Net profit fell by 82.01%, and the average price of Nanda Optoelectronics products fell by 34%.

Recently, Nanda Optoelectronics released its 2016 annual report. According to the annual report, in 2016, the company achieved operating income of 101 million yuan, down by -16.09% year-on-year; net profit attributable to shareholders of listed companies was 0.08 billion yuan, down -82.01% year-on-year.

As for the main reason for the decline in performance, Nanda Optoelectronics explained that the LED industry and the MO source segment industry are highly competitive in the market, and the inventory depreciation reserve and the loss of the operating profit of Quanjiao Nanda Optoelectronics. The average sales price of the company's main products decreased by approximately 34% compared with last year, resulting in a significant decline in sales revenue and gross profit.

The company is mainly engaged in the R&D, production and sales of high-purity metal organic compounds (ie MO sources) and is the world's leading producer of MO sources.

The demand for MO source market in the first half of last year is still growing, but the price competition caused by oversupply of products is still very fierce. At that time, the company's product sales increased by about 13% year-on-year, but the company's operating income decreased by 20.72% year-on-year due to the year-on-year decline in product sales price.


Custom Molded Wire Assembly

High temperature wire, high temperature resistant wire, please don't take the safety of electricity as a bet, but the quality and credibility of your own products as a bet. If you want to find a regular cable, and find a regular manufacturer, our cables are instantly conductive, stronger and safer than others, refreshing your imagination of materials. We will spend a lifetime of continuous improvement, just to achieve the real environmental protection level of materials and reduce carcinogens. Only for health, a truly environmentally friendly material. Safety check, every product has been tested. High-precision wires have lower resistance, lower heat, and lasting and stable conductivity. Real-time monitoring of wire eccentricity and outer diameter to ensure uniform thickness of insulation layer and sheath. Eliminate the addition of heavy metals and non-environmentally friendly substances such as lead, mercury and other harmful substances. Does not contain any harmful substances to avoid adverse effects on the human body and the environment.

We eliminate mold costs and save money for customers by providing hundreds of thousands of inventory overmolding. For highly customized molded cable manufacturing projects, our advanced technology allows us to produce custom overmoldings at a price and quality level that clearly sets us ahead of our competitors.

Custom molded wire assembly, overmolded IP67/68 connectors assembling,customized waterproofing cable assembly

ETOP WIREHARNESS LIMITED , https://www.wireharness-assembling.com