LED test equipment will play growth momentum in 2014

Huang Qinming, chairman of the measurement equipment manufacturer, said that the main performance of Zhimao this year is the growth of IC measurement system and LED lighting test system, plus Zhimao's power electronic measurement and test solutions ( turnkeysolutions) The products are in the mature markets of Europe, America and Japan, and the results will continue to ferment. Huang Qinming emphasized that the research and development of Zhimao has not stopped. 'only when you do it yourself, when the market returns, the performance will jump back faster 」. In 2012, Zhimao's revenue was 41. 7. 4 billion yuan, an annual reduction of 22, gross profit margin of 54. 4. The profit-making rate is 21. The gross profit margin has increased slightly from 52 in the previous year, while the profit-making rate has increased from 24. 7 Decline; The pre-tax surplus for the whole year of 2012 was 10. 9. 6 billion yuan, after-tax surplus 9. 4. 5 billion yuan, annual reduction of 38, EPS is 2. 52 yuan. Huang Qinming, chairman of Zhimao, said that the economic cycle in 2012 is difficult to avoid. In particular, three of the four 'miserable industries' are related to Zhimao. The development of clean energy is also depressed by the economy, let Zhimao's performance last year be disappointing. However, Huang Qinming stressed that Zhimao is still fully promoting R & D and related investment has not shrunk with the decline in revenue, reaffirming that technology research and development is where Zhimao is located, zhimao was also awarded the top 10 'backbone enterprises' by the industrial bureau of the Ministry of Economic Affairs. In fact, Zhimao's technology investment does not fall, and the return can be seen from its gross profit margin performance above 50. Although large enterprises were cautious about capital expenditure last year, Zhimao still kept the gross profit margin above 54 in 2012 due to the sales of high-tech equipment; In particular, last year's Q4, the sales volume of Zhimao's IC measurement system increased by 17 in the quarter, successfully pushing up the gross profit margin of Q4 last year to 56. 5, hit a new high in gross profit margin since the last eight quarters. Judging from the application of Zhimao's products in 2012, power electronics measurement (powertesting) The proportion of revenue is still 47, IC test accounts for about 17, LCD and image test accounts for about 11, clean energy ( Including solar energy, LED, electric vehicle and battery formation system) The total number of applications accounted for about 24, and other revenues accounted for about 1. Huang Qinming said that the two fast-growing application fields in 2012 were IC testing and LCD testing applications. The annual growth rates of related equipment products reached 44 and 25 respectively. The demand for high-end displays began to increase, zhimao is to grasp the relevant opportunities, but the mass-produced LCDpanel has less ink; The IC measurement field relies on the combination of three temperature tests (tri-temperature) Parallel simultaneous testing and other technologies have won the favor of international manufacturers. Judging from the prospects of the application of various products this year, Huang Qinming believes that the advanced process (PoP package, 2. 5D package, etc) IC production volume and the penetration rate of LED general lighting continue to increase, and IC measurement and LED measurement solutions will become the main kinetic energy this year; At the same time, in the past, the power electronic measurement equipment that played the main role of Zhimao was also good. Huang Qinming emphasized that Zhimao continued to work in the European, American and Japanese markets, and his views on related equipment were very positive. Huang Qinming explained that with the rise of mobile applications, IC design factories must take extreme high and low temperature tolerance into consideration in IC design, however, Zhimao successfully entered the procurement chain of big IC design companies by virtue of the three-temperature test. Zhimao used to persuade IC design companies to use our products. Last year, the situation has been reversed, zhimao products can be combined with IC design customers, laboratory machines for packaging and testing factory customers, and even mass production machines. Huang Qinming expects that the revenue of IC test equipment can grow by 2-digit percentage this year. On the other hand, the performance of clean energy application equipment was not satisfactory last year. Huang Qinming is still optimistic that LED will benefit from the increased penetration rate of general lighting and the simultaneous warming of shipments, each major factory has a certain focus on the improvement of product testing capacity, which also drives the demand of testing system; As for solar equipment, Huang Qinming admits that it may take some time to digest excess capacity and wait for the market to go against the wind.