TCL科技(000100) - 2016 Q1 - 季度业绩预告

Financial Performance - The net profit for Q1 2016 is expected to decline by 57% to 67% compared to the same period last year, with an estimated profit of between 320 million to 420 million CNY[3] - The net profit attributable to shareholders is projected to decrease by 59% to 70%, with an estimated profit of between 230 million to 310 million CNY[3] Sales Performance - The total sales of LCD TVs reached 4.203 million units, a year-on-year increase of 1.00%, with smart network TVs accounting for 72.9% of domestic sales[5] - Air conditioning product sales increased by 32.3% year-on-year, while refrigerator and washing machine sales grew by 9.37% and 26.6%, respectively[5] - The sales of TCL Communications reached 17.209 million units, a year-on-year increase of 8.71%, although smart terminal sales decreased by 9.49%[5] User Engagement - The number of activated users for smart network TV terminals reached 13.5 million, with daily active users at 5.76 million, representing a year-on-year growth of 139.3%[6] - The mobile internet application platform has 29.36 million activated users, with monthly active users at 10.36 million, showing a year-on-year increase of 181.9%[6] Strategic Transformation - The company is undergoing a strategic transformation towards "smart + internet" and "product + service" business models, which has led to a significant increase in operational terminal and active user numbers[4] Market Conditions - The company’s new audio and video overseas business revenue has shown good growth despite a decline in sales and profits from a major client[5] - The price of liquid crystal panels has stabilized since March, although it significantly impacted net profits during the reporting period[5]