Recently, Gaode Infrared released its semi-annual report for 2018. The company achieved operating income of 331 million yuan from January to June 2018, up 4.8% year-on-year; net profit attributable to shareholders of listed companies was 103 million yuan, up 121.87% year-on-year. How does Gaode Infrared maintain a high growth in net profit? What opportunities does the strategic background of military-civilian integration bring to the company? Interpretation of the layout of Gaode Infrared in this financial report.
Based on laser pointer infrared technology, Gaode Infrared has been deeply involved in the field of infrared thermal imaging and integrated optoelectronic systems for many years and has always occupied a large market share. In September 2015, Gaode Infrared acquired Handan Electromechanical Co., Ltd. and opened up business in the fields of traditional government equipment products and informational ammunition. On the one hand, it expands the scope of the company's business, and on the other hand, it is further on the road of “people's marching” and is more closely integrated with the national strategy. In the main business structure of the first half of this year, infrared imaging and integrated optoelectronic systems accounted for 71% of the total revenue, and the ammunition business in the military-civilian integration accounted for 27%.
After the expansion of the business scope, the infrared thermal imaging and integrated photovoltaic system business declined slightly in terms of revenue and share, but as high R&D investment continued to bring new technological breakthroughs, the profit margin in this business area continued to rise, and the actual profit The ability to maintain growth momentum. The traditional ammunition and informatization ammunition business maintained growth, which also increased the operational capability of our military's main warfare weapons and promoted the process of high-tech weapon systems serving the country and safeguarding national defense.
In the past five years, Gaode Infrared's performance and profit have maintained growth. In the field of core components, Gaode Infrared has developed the production capacity of various types of detectors such as short wave, medium wave, long wave, medium and short wave, medium and long wave, etc. It has been fully covered by infrared applications, and its product performance has reached the international top level. Meet the needs of various users of domestic military and civilian. In addition to meeting the company's product use, the company's detectors have achieved mass sales.