In 2011, the company achieved a total operating income of 1.02 billion yuan, an increase of 24%; total profit of 153 million yuan, an increase of 90.8%; net profit of 130 million yuan, an increase of 106.9%; realized earnings per share of 0.42 yuan, basically in line with expected. The main reasons for the increase in operating income of the company in 2011 are: (1) In 2011, the price of diamonds rose sharply, reaching a unit price of 0.5 yuan/carat or more. As the second-ranked enterprise in the diamond industry, the company fully benefited and the sales growth reached 19.05%. (2) As the company has mass-produced large-diameter composite sheets for tools in recent years, the super-hard tool business has also achieved certain development. Benefiting from the rapid growth of the super-hard composite products industry, the year-on-year growth in 2011 was 85.79%; (3) After the funds raised in 2011, the company accelerated the investment in two fund-raising projects, and some of the equipment can be used to achieve output. . Superhard composites and metal powders increased by 96.46% and 63.11% respectively over the same period. The fundraising project will release about half of the production capacity this year. The company has carried out certain market expansion in the early stage. It is expected that there will still be a large increase in the two projects this year. Gross profit margin increased slightly. Due to the sharp increase in diamond prices before the fourth quarter of 2011, and the company traded in and replaced the small six-face press, the diamond gross margin increased steadily; the fundraising project released some of the production capacity, metal powder and composite sheet business. The growth is faster, the scale effect appears, and the gross profit margin has also increased to some extent. However, with the decline in the price of synthetic diamonds in the main business, the company's comprehensive gross profit margin may drop slightly this year. The synthetic diamond industry may face overcapacity this year. Affected by the economic environment, the diamond market is not strong, and several diamond manufacturers in China continue to expand production. This year, the diamond industry may have overcapacity. Coupled with rising raw material prices, the diamond industry's profit margins may be squeezed. The artificial diamond business accounts for more than 70% of the company's main business, and industry fluctuations will adversely affect the company's performance. The company has become a manufacturer of super-hard materials and products with a complete range of products in China and around the world. It can provide downstream customers with all kinds of super-hard materials and products with stable product categories, complete specifications and stable performance. It is worthy of medium and long-term attention. We expect the company's operating revenue growth rate in 2012-2014 to be 24.5%, 27.1%, 22.4%, and EPS to be 0.52 yuan, 0.71 yuan, and 0.92 yuan respectively. Give the company 30 times PE in 2012, target price of 15.6 yuan, maintain the investment rating of "overweight-A". Risk warning: After the substantial increase in production capacity, open up the unfavorable risks of the market; the competition in the synthetic diamond industry is fierce, resulting in the risk of falling unit prices; the risk of falling investment growth.
Marijuana Grow Lights
Advantages of LED Grow Light for Marijuana
Long lifetime
Recommended useful lifetime of 50, 000 hours for LED lights the equivalent of
burning a light for 18 hours A day, 365 days a year for seven years and seven months.
Energy efficient
Save 70~85% on power than HID lighting, no need extra blowers and Air conditioning systems for cooling.
Better for plant growth
Plants can use nearly all of the light emitted from LED Lights.
Only about 35% of the light generated by metal halide lamps is useful for plant growth.
Low heat output
LED lights produce very little heat.thermalelectric separation technology and modular fans can control the generated heat amount to be a very low extent.
Features
Deep penetration : Good lighting penetration , can penetrate to the deep of the plants
Modular Internal Build: Fully upgradable, easy warranties
Thermal Management: Custom copper core heatsinks quickly dissipates heat for cool operating temperatures
Powerful: 2nd Generation ultra penetration 5W LEDs light deep into the canopy
Versatile: Power cord available in 85~265V and international plugs
Lighter weight: Much lighter than the same products in the marketplace, safer for hanging .
Plants: Suitable for both vegetative phrase and flowering phrase
Item Display
What is Full spectrum led chip ?
It is the newest trend for indoor plants. Advanced LED Grow Lights chip,not provide sigle color ,provide broad spectrum 400nm~840nm,simialr with sun light ,but most is red and blue,it is best for plant grow.This is a revolutionary step for Grow light which have previously been unable to act as the sole light source for the indoor garden.Suitable for all stages of plant growth.
Advtanges:
Upgraded Epistar chips,High Lumen,High penetration.
Zener Diode protection Each LED,one LED Out,other LEDs still work.
High quality material,Listed Certification Wires,Heatproof Tube,Zero-Risk to catch fire.
Efficient Full spectrum Special rations of Blue,Red and White for both blooming &fruiting stages.
Adopting isolated power supply,safe&easy to maintain&long life time.
Aluminum heat-conducting plate+high quality brand fans,efficient heat dissipation.
IR LED involved,it is not as bright as other leds,But promote the yield.
Plug with listed certificate safe to use.
The Plug you can choose
Ageing Test
Our Quality Control systems
Package
Application: Greenhouse, Hydroponics, Aeroponics, Home Garden, Farm, Vegetable Shed, Botanic Garden, Flower Exhibitions, Horticulture, Hydroponics, Hemp Cultivations , Medical Plants Cultivations, etc.
Warnings:
1.lndoor use only.
2.To avoid being damaged,do not use water or drip irrigation while using.
3.Sunshine lighting time should be 12-18 hours.
4.While irradiating the plants,the height of led grow lamp is not less than 10 inches,
low height will cause the destruction of plants.
5.Highly hang the lamp will weaken the energy and affect the growth cycle of the
plants, so the lamp should not be hung too high.
6.While taking care of the plants, please spray the leaves and branches 2-3 times everyday,
to ensure the the plants do not wrinkle a wither, and have no phenomenon of few fruit, and
hard pericarp.
Our Company
Trade Terms
Payment: T/T, L/C, Paypal, 30% deposits before production, 70% balance to be paid before deliverying(Western Union are welcome)
Sample will be delivered within 7 working days.
Discounts are offered based on order quanlityes.
MOQ:sample order are acceptable
Delivery ways:DHL,UPS,FedEx,TNT, door to door,by sea,by air,etc.
Professional dedicated to Research, Development, Design, Manufacture of Innovative, Intelligent control and high efficiency LED grow lighting for modern agriculture,Marijuana,greenhouse,hydroponics, etc.
Large Capacity Led Grow Light,Led Grow Light For Plant Growing,Led Plant Grow Light,Cob Led Plant Grow Light
Shenzhen Phlizon Technology Co.,Ltd. , https://www.szledaquariumlighting.com