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Yinhe Electronics H1 2017 Profit Down 39% YoY

Yinhe Electronics, 8/15/17

Jiangsu-based digital set-top box vendor Yinhe Electronics (002519.SZ) has announced its fiscal results for H1 2017, with revenue down 26.13% YoY to RMB 745.03 mln.

Net profit attributable to shareholders was RMB 90.85 mln, down 38.74% YoY.

Yinhe Electronics H1 2017 Revenue Breakdown, by Segment

SegmentRevenue (RMB/Mln)% of TotalYoY Change
DTV Set-top Boxes373.1250.08%-29.22%
Smart Electronic Components298.4840.06%-17.80%
Electric Vehicle Core Parts and Components45.306.08%-54.45%
Others28.133.78%48.78%
TOTAL745.03100%-26.13%

Of total business revenues, domestic sales comprised RMB 693.50 mln, down 24.41% YoY, and overseas sales comprised RMB 51.52 mln, down 43.48% YoY.

Keywords: profit revenue television DTV set-top box Yinhe Electronics 002519.SZ electric vehicle H1 2017 fiscal report hardware

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