LED industry or step photovoltaic, nearly 60% of corporate profits decline

For the LED industry, winter has lasted for a year, but spring is still so far away. At the beginning of November, the news that the LED enterprises gathered in Shenzhen came to stop production. National Business Daily (Weibo) The reporter was informed that Shenzhen Haobo Optoelectronics Co. , Ltd (Hereinafter referred to as Haobo Optoelectronics) This 100 million-level LED company is mired in the mire due to the problem of the capital chain. After a few years of Carnival, the sequelae of the LED industry continue to emerge. Some people in the industry predict that the shuffle period of the LED industry may last until the middle of 2014, and may even repeat the mistakes of the photovoltaic industry. Nearly 60% of LED enterprises' profits have declined. Behind Haobo Optoelectronics, a large number of LED enterprises are experiencing the pain of losses or sharp decline in profits. 'Daily Economic News' reporter rough statistics found that among the 42 LED-related listed companies, the profit decline or loss in the third quarter reached 24. October 25 dragon optical 2012 three of the quarterly bulletin released the company current revenue about 41. 38 million yuan with than decreased 76. 67; The net profit loss attributable to shareholders of listed companies is about 32. 66 million yuan. On October 26, the three quarterly reports of Dehao Runda's losses followed. The company's third quarter revenue is about 7. 2. 1 billion yuan, down 12. 23; Net profit attributable to shareholders of listed companies-RMB 8. 88 million. On October 29, LED-related enterprises that lost money in the third quarter added another Tiantong stock: the company's current revenue was 2. 8. 7 billion yuan, down year on year; The net profit loss attributable to shareholders of the listed company was 30. 08 million yuan. In addition to these three loss-making companies, there are 21 LED companies that have experienced a decline in net profit. Among them, the net profit of shilanwei, Huawei Electronics and zhouming technology all fell by more than 80. Regarding the current situation of the LED industry, Wang Luyao, a secondary market analyst at the high-tech LED Research Institute, commented that there was a surplus of upstream investment. He Huahua, a researcher at CIC, believes that the direct cause is overcapacity. This phenomenon is mainly affected by two factors: On the one hand, the economy is weak, investment and production are slowing down, while the profits of domestic LED enterprises are mostly obtained through exports; On the other hand, the market is blindly following the trend, the products are piled up in the middle and low end, and the long-term melee is lowering the price. Enterprises sacrifice profits to Release Inventory. For many LED Enterprises, the direct way to overcapacity is to start a price war. Recently, the reporter of 'Daily Economic News' called the secretary-general office of Qianzhao optoelectronics in the name of investors. The staff said that many companies were expanding their production last year, and many companies had the phenomenon of selling goods, therefore, the price of chips has dropped sharply. But she stressed that although prices have fallen, the company's sales have risen. According to the third quarterly report of Qianzhao Optoelectronics, the total profit and net profit of the current period decreased year on year, mainly due to the large decrease in chip prices compared with the same period last year, and the decrease in chip Gross profit margin. The relevant person of Huacan Optoelectronics board of directors also said that the company's sales volume has increased, but the price has dropped by a large margin. He Huahua believes that the current LED market has the characteristics of disorderly development, insufficient demand and concentrated products in the middle and low end, which is exactly the same as the photovoltaic industry. If LED enterprises do not see the market environment clearly in time, very may be in and photovoltaic industry. Deadlock. Guo Xiuze, secretary general of Guangdong Lighting Electrical Appliances Association, predicted that the shuffle period of LED industry will last until the middle of 2014.