LED enterprise semi-annual report released market warms up to business growth

According to Shanghai Stock Exchange statistics, as of yesterday, 38 of the 53 A- share LED companies had issued performance forecasts for the first half of the year, of which 31 were happy, accounting for more than 80%. Looking at the reasons for the growth of the performance of various enterprises, most of them are the main business growth caused by the recovery of their markets. Specifically, among the 38 LED enterprises that announced the half-year performance forecast, the net profit of 12 enterprises increased by more than year on year, among them, the net profits of Lianjian Optoelectronics, Huacan Optoelectronics, Jiawei shares, shiyida and zhouming technologies doubled, up 270, 215, 176, 118 and 113 respectively. However, Dongjing Electronics suffered the first loss, with net profit falling 13 times year-on-year, while net profit of maoshuo power supply, Keheng shares, Nanda Optoelectronics, Ruifeng optoelectronics and Qianzhao Optoelectronics fell 94. 5% year-on-year. 5, 57. 48-75. 70, 32. 81-44. 49, 10-25 and 5-25. As for the growth of performance, Lianjian Optoelectronics, which is transforming from LED manufacturers to outdoor advertising operators, said that Sichuan Time-Sharing Advertising Media Co. , Ltd. , which was acquired by the company, began to be included in the consolidated statement in May, as a result, the company's net profit increased by 20 million to 21 million yuan, as well as the linkage culture of wholly-owned subsidiaries (Beijing) The sales of the limited company increased greatly, with operating income of 9. 77 million yuan in the first half of this year, compared with 1. 35 million yuan in the same period last year. The large increase in the performance of Jiawei shares is also mainly due to the increase in non-recurring gains and losses. However, Huacan Optoelectronics, which also grew more than twice, said that the main reason for the sharp increase in performance in the first half of this year was that the growth momentum of LED chip market demand continued during the period and profitability rebounded significantly. At the same time, with the production of the parent company's third-phase expansion project and the production of the first-phase construction project of the Suzhou subsidiary, the company's production capacity and sales scale have doubled during the period. Zhou Ming Science and Technology said that the main reason for the improvement of the company's operating performance in the first half of the year was that the market strategy formulated by the company in the early stage was implemented in place, and the company increased its expansion and investment in the foreign trade market, export orders increased significantly compared with the same period last year, and export revenues also increased accordingly. Reporters combed and found that most of the 31 companies with pre-performance happiness attributed their performance growth to the growth of their main businesses. Such as the first half net profit respectively pre 118. 09, 80-50, 60-30, 50-Natural 20, 50-25 and 35- 10 shiyida, Liad, Hongli Optoelectronics, Alto electronics, jufei Optoelectronics, Wanrun technology, there is no case in the field to explain the reasons for the growth of the first half of the year with similar words such as the rapid growth of the LED market, the gradual release of the company's production capacity, and the growth of sales revenue to drive the growth of net profit. Even companies with performance losses also mentioned the recovery of the LED market. Maoshuo Power pointed out that compared with the same period last year, the company's main business income maintained steady growth. Ruifeng Optoelectronics, Nanda Optoelectronics, Dehao Runda, etc. also made similar statements. Of course, there are exceptions in loss-making enterprises. Dongjing Electronics suffered a large loss for the first time in the first half of the year, mainly due to the fierce competition in the quartz crystal components market, the decline in product prices and the fact that the LED Sapphire lining negative project has not yet formed a scale capacity, and the fixed cost is relatively high. A securities firm researcher who has been tracking the LED industry for a long time in Shenzhen told reporters that from the overall situation, the overall trend of the LED industry has been established. From the perspective of the industrial chain, the LED lighting market, which has warmed up since the second half of last year, has been transferred to the middle and upper reaches of the packaging and Chip Fields. For example, Huacan Optoelectronics, which has increased by more than twice this time, is mainly engaged in LED epitaxial wafers and chips. It is worth noting that the Shenzhen Stock Exchange interactive platform shows that since July, institutions have conducted research on LED-related enterprises, including Meiya Optoelectronics, Yuanfang Optoelectronics, AVIC Optoelectronics, Lianjian Optoelectronics, zhouming technology, Guoxing Optoelectronics, etc.