LED packaging factory Yiguang's second quarter revenue surged

LED packaging factory Yiguang's second quarter revenue was nearly 7. 7 billion yuan (New Taiwan dollar, the same below, RMB about 15. RMB 7. 1 billion) The quarterly increase was about 23, and the annual increase was nearly 30%. Due to the increase in the crop rate, the initial gross profit margin and operating profit in the second quarter were better than the first quarter, and the earnings per share was estimated to be close to 1 yuan. cumulative first half earnings per share assessment about 2 yuan. With the advent of the backlight and lighting season, coupled with the opening of new production capacity, it is expected that the third quarter revenue will exceed 8 billion yuan (RMB is about 16. RMB 3. 2 billion)Challenge new highs. Yiguang 7/24 ex-dividend, cash per share nearly 3 yuan (RMB is about 0. RMB 612). Yiguang is a leading manufacturer of LED packaging in Taiwan, and its product business applications are diverse. At present, the proportion of backlight application is about 2- 30%, the proportion of mobile phone applications is about 30%, and the proportion of lighting applications is about 1-20%, including infrared and other products (Including vehicles)The total revenue ratio is about 3-20%. In recent years, the LED industry has undergone several waves of adjustment, but Yiguang has maintained continuous profit for many years with the advantages of cost control and management efficiency. In response to the accelerated growth of LED lighting, Yiguang acquired the German lighting factory WOFI and expanded the lighting layout in 2013. Recently, it has strengthened its development for other niche application markets such as automobiles and billboards. In response to the continuous expansion of the lighting product business, Yiguang continued to expand its production capacity this year. It is expected that the new production capacity will continue to contribute to the overall performance in the second half of this year. Yiguang's quarterly revenue this year is about 62. 5. 4 billion yuan (RMB is about 12. RMB 7. 6 billion), Single season gross profit rate 25. 6, net profit after tax 4. 0. 2 billion yuan (RMB about 85. 68 million yuan)The surplus per share is about 1 yuan. Revenue in the second quarter was nearly 7. 7 billion yuan (RMB about 15. RMB 7. 1 billion) The quarterly increase was about 23, and the annual increase was nearly 30%. Due to the increase in the rate of crop growth, the initial gross profit margin and operating benefits in the second quarter were better than those in the first quarter. The original market is expected to contribute to the return of Jingdian stock, and the profit of Yiguang in the second quarter is bright. However, due to the one-time loss caused by the transfer of investment in Fuju solar energy, it is estimated that the earnings per share in the second quarter may be close to 1 yuan, and the accumulated earnings per share in the first half of the year is estimated to be about 2 yuan. Looking forward to the second half of the year, with the arrival of the traditional peak season of backlight and lighting, coupled with the positive growth of the lighting business driven by the performance of WOFI, with the new production capacity and the expansion rate estimated to exceed 10%, the legal person expects, yiguang's performance in the second half of this year will be better than that in the first half of this year, with the third quarter revenue estimated at 8 billion yuan (RMB is about 16. RMB 3. 2 billion) Above, there is an opportunity to challenge the record high, and may be the peak of this year's operation. The Company's shareholders' meeting has already passed the distribution of nearly 3 yuan Cash dividends per share, which is expected to be 7/24 ex-dividend.