Market Research Report
Financial Analysis of 100 Major Lighting Manufacturers Worldwide
|Published by||CSIL Centre for Industrial Studies||Product code||485523|
|Published||Content info||44 Pages
Delivery time: 1-2 business days
|Financial Analysis of 100 Major Lighting Manufacturers Worldwide|
|Published: February 11, 2019||Content info: 44 Pages||
The report (Database) Financial Analysis of 100 Major Lighting Manufacturers Worldwide is at its second edition. It is the result of CSIL processing of a dataset made up of balance sheets for a sample of 800 companies, including in the sample analysis manufacturers of lighting fixtures (688 players), lighting components (semi-finished products, lighting sources, 96 players) and lighting automotive (17 players).
The total sample analysed shows an average workforce of over 750 employees and an average turnover of over USD 120 million in 2017. In absolute terms: a 2017 turnover of about 97 billion USD, an EBIT in excess of 7 billion USD, almost half million of employees.
The Report is made up by a short executive summary (around 40 pages) and an Excel database of company financial data and sector average.
The purpose of this study is to assess the recent trends and structural characteristics of the lighting industry through the analysis of the balance sheets for the years 2013 to 2017 of a group of around 800 companies based worldwide and to identify, among them, the top 100 performing companies in the business (in terms of turnover, profitability and financial situation), named "Best in Class " and reported separately as Big (over 50 million USD turnover) and Small players .
The sample was selected according to the following criteria :
The report is structured as follows :
Considered productivity/profitability indicators available from the balance sheets:
Geographical coverage : Europe (319 companies), Japan and South Korea (208 companies), China (150 companies), Asia Pacific other (58 companies), Russia and neighbouring countries (39 companies), North and Latin America (27 companies).
The sample is made up of 800 among the major lighting manufacturing companies worldwide, which record a combined turnover of about US$ 97 billion in 2017. If we analyse the sample with a homogeneous historical series (excluding missing data for each year), average yearly growth rate during the considered period (2013-2017) has been around by 3.8% in USD and 7.3% in EUR.
Turnover growth is higher, on average, for the manufacturers of Components and various lighting equipment (+6.7%).
Average yearly turnover increase (excluding missing data for each year of the considered period, 2013-2017) is stable for the European companies, while it is double digit growth for Chinese players.
Mid-sized and Big companies increased their turnover on average better than the Very Big, Small, and Very Small players.
ROE is on average 7%-8% for the Big and Very big players, higher (over 10%) for smaller enterprises.
Around 6% the Return on Assets (ROA, using NET income), again a little better performance is registered by companies with turnover under 50 million USD, on average.
On the opposite, EBITDA margin is around 10%-11% for companies with turnover over 50 million USD, on average, and around 8% for smaller companies with turnover under 10 million USD.
Average turnover per employee is approximately 200,000 USD between 2013 and 2017.
Average cost of labour per employee is approximately 44,000 USD (45/50 thousand among the Very Big and Big players, 38,000 among the Very Small companies).
Total sample analysis: Key financial data, Profitability and Structure ratios, Employment and productivity, 2013-2017. Total and mean values
Total lighting sector. Key financial data and ratios, 2013-2017. Total and mean values by the following areas:
Key financial data and ratios, 2013-2017. Total and mean values by the following lighting segments:
Total lighting sector. Key financial data and ratios, 2013-2017. Total and mean values by company size:
Acuity Brands Inc., AEC - Illuminazione S.R.L., Arianna S.P.A., Arkoslight Sociedad Limitada, Astro Lighting Holdings Limited, Beghelli S.P.A., Cariboni Group S.P.A., Catellani & Smith S.R.L., Daiko Electric Co. Ltd., Davide Groppi S.R.L., Delta Light, Dextra Group PLC, Dien Quang Joint Stock Company, Eglo Leuchten GmbH, Electrical And Lighting Co. Ltd. (Foshan), Electronic Theatre Controls Limited, Elstead Lighting Limited, Endo Lighting Corporation, Everlight Electronics Co. Ltd., F.W. Thorpe Public Limited Company, Fagerhult AB, Feilo Acoustics Co. Ltd. (Shanghai), Flos Societa' Per Azioni, Gewiss S.P.A., Glamox AS, Hengdian Group Tospo Lighting Company Limited, Hongli Zhihui Group Co. Ltd., Hubbell Inc., iGuzzini Illuminazione S.P.A., Kingsun Optoelectronic Company Limited (Dongguan), L&L Luce&Light S.R.L., Lamplast Finanziaria S.P.A., L'Eclairage Technique Eclatec SA, Leds C4 SA, Leedarson Lighting Co. Ltd. (Xiamen), Lextar Electronics (Suzhou) Corp., Lival OY AB, Louis Poulsen A/S, Markslojd Aktiebolag, Marset Iluminacion SA, Mason Technologies Co. Ltd. (Shenzhen), MLS Company Limited, Murat Aydinlatma Sanayi Ve Ticaret Anonim Sirketi, Nationstar Optoelectronics Co. Ltd. (Foshan), Nowodworski Sp. J., NVC Lighting Holding Limited, Odelic Co. Ltd., Opple Lighting Company Limited, Osram Licht AG, Revolution Lighting Technologies Inc., Robe Lighting, S.R.O., SBP S.P.A., Schréder, SG Armaturen AS, Shenghe Lighting Co. Ltd. (Ningbo), Signify N.V., Simes S.P.A., Tons Lightology Inc., Ushio Inc., Vizulo Sia, Yankon Group Co. Ltd. (Zhejiang), Zumtobel Group AG