More than 100 stocks in the two cities have reached daily limit. How are the six listed companies of LED display doing now?

In early trading on Monday, the stock index rose more than 2% and regained 3,000 points, driven by the surge in brokerage stocks. As of the close, the Shanghai Composite Index rose 2.15% to 3,018.80 points, and the Shenzhen Component Index rose 2.64% to 10,394.14 points.

On the market, all sectors rose across the board, with more than 100 stocks in the two cities hitting their daily limits. Industry insiders generally believe that under the influence of multiple favorable factors such as policy, capital and technology, the mid-level rebound in spring has basically been established.

Since the past week, the Shanghai and Shenzhen stock markets have been making rapid progress, with a sharp rebound not to mention, and even the 3,000-point integer mark has been taken down in one fell swoop, giving investors hope. With the sharp increase in market volume in the two cities, the main force continued to pull up the index, which released a major signal that market sentiment was rising sharply and a new round of rebound storm was coming.

The current stock market is doing very well, so how are the six major listed companies in our LED display industry doing now? We might as well take a look at the 2015 financial reports of the six major listed companies in LED displays to find out.

Table 1 2015 annual reports of the six major LED screen companies

From the perspective of corporate financial reports, in the past 2015, the performance of Leyard, Lianjian and Unilumin was very good, while the performance of Absen, Lehman and Alto declined a lot year-on-year, which seemed somewhat unsatisfactory.

From the financial report analysis of three companies with strong performance growth, Leyard, Lianjian and Unilumin, their main growth drivers come from: 1) Leyard - the explosive growth of small spacing. It is understood that the company's annual small spacing TV orders reached 1.16 billion yuan, an increase of 73% over the same period last year; 2) Lianjian - the steady growth of LED display main business and the company's media sector business; 3) Unilumin - overseas markets and UTV small spacing display product business. In short, the main business of LED display screens of these three companies has played a decisive role in the growth of corporate performance.

Absen, Lehman and Alto have their own reasons for the decline in performance, and I will not explain them one by one here. Of course, the decline in corporate performance is closely related to the overall industry environment, but it is also closely linked to the company's strategic planning and the company's own positioning. At present, all major listed companies are actively "crossing over" and engaging in mergers and acquisitions to expand their profitable businesses and optimize their industrial layout. Especially in 2015, this business became very popular and became a bright scene in the industry.

However, the author still believes that there is nothing wrong with "crossing over", but in any case, since it is an LED display company, it must focus on making good screens. Whether it is relying on scale, technology, capital or brand advantages, it can gain a foothold in the industry. As the saying goes, "Without skin, hair will be attached." If a listed company ignores the main business of LED display screens and just tells stories every day and relies on theme hype to maintain or even increase its stock price, then it is estimated that this situation will not last long and will eventually be abandoned by the majority of stock investors.