What is the performance of Jingdian, Yiguang, Ronda, and Edison LED manufacturers in the first three quarters?

In the third quarter of this year, due to the increase in the utilization rate and the price increase of some products, Jingdian led the gross profit margin to 13.69%, and the industry profit of 190 million yuan in a single quarter (the new Taiwan dollar, the same below).


In the fourth quarter, the backlight kinetic energy will be weakened, but the orders for Blu-ray and red LEDs are still supported. It is expected that the fourth quarter revenue may cool down, but the temporary estimate is limited.


The crystal power plants are located in Hsinchu, Miaoli and Tainan, as well as in Changzhou, Shenzhen and Xiamen in mainland China. Mainly used in TV backlighting, lighting, consumer electronics, displays, notebook / monitor backlight. This year's key products include CSP unpackaged chips, quaternary/red LEDs, infrared products and more.


After the company's internal capacity equipment adjustment, product mix optimization, and market demand rebounded, some LED die product prices rebounded, the second quarter of this year, the gross profit margin turned positive, the industry's losses decreased, but due to industry recognition of asset impairment and investment losses, As a result, the after-tax losses continued to deteriorate.


In the third quarter, due to the increase in the utilization rate and the price increase of some products, the single-quarter revenue increased slightly from the previous quarter, the gross profit margin was reversed to more than 13%, and the industry turned profit. However, the loss of the industry continued, resulting in a meager profit in a single season.


In the third quarter of this year, Everlight benefited from backlighting, lighting demand heating, and LED street lamp billing, which led to better revenue than last season, but the slight decline in gross profit margin due to a slight increase in the proportion of lighting products, and the recognition of exchange losses The single-season profit only increased by 2% in the quarter.


Accumulated the first three quarters of earnings per share of about 3.08 yuan (NTD, the same below), an annual increase of about 2%. It is expected that in the fourth quarter, under the backlight backlighting and lighting support, the single-quarter revenue will have a chance to hold steady.


Yiguang Factory is located in Tucheng, Yuanli, Taiwan, China, and Suzhou, Guangzhou and other places in mainland China. It currently holds approximately 9.6% of Taigu and holds approximately 1.8% of Jingdian. It is estimated that the proportion of lighting this year is nearly 30%, the proportion of backlight is estimated to be 25~20%, the invisible light is about 20~15%, and other consumer and mobile phone applications are about 30%.


In the third quarter of this year, due to the slower decline in LED prices, the overall performance was slightly better than the previous quarter. Originally, the outside world was quite optimistic about the performance of Everlight's third quarter, mainly due to the traditional peak season of backlighting and lighting, as well as Taiwan's streetlights. However, due to the increase in shipments of lower-margin lighting products, a slight drop in gross profit margin, and exchange losses, the third-quarter profit performance was not as good as expected.


Looking forward to the fourth quarter, the demand for backlights has gradually turned weak. Although the fourth season is the peak season for the shipment of lighting products, the extent of the adverse situation in Europe will continue to be observed. However, under the continued attention of the streetlights, it is estimated that there will still be opportunities for stability in the fourth quarter. The overall revenue for the second half of the year should still be slightly better than the first half.


In the third quarter of 2016, revenue was 7.58 billion yuan, up 6% quarter-on-quarter and 7% year-on-year. The gross profit margin was 24.8%, the quarter was reduced by 0.3 percentage points, the annual increase was 1.5 percentage points, the operating profit was 696 million yuan, and the net profit after tax was 4.64. 100 million yuan, earnings per share of 1.04 yuan, a 2% increase in the quarter, an annual increase of 8%.


Accumulated the first three quarters of revenue of 21.674 billion yuan, an annual increase of 1.5%, gross profit margin of nearly 25%, an annual increase of 1.5 percentage points, operating interests of 1.75 billion yuan, an annual increase of 16%, after-tax net profit of 1.37 billion yuan, an annual increase of 6%, each The stock surplus was 3.08 yuan and the annual increase was about 2%.


Lextar announced its third quarter 2016 financial statements. The consolidated revenue for the third quarter of 2016 was NT$3.47 billion, a slight decrease of 1.5% and a 3.7% decrease from the same period in 2015. Operating gross margin was 12%, an increase of 4.4 percentage points from the previous quarter.


Ronda pointed out that the net loss after tax in the third quarter was NT$32 million and the basic loss per share was NT$0.06. In the first three quarters of 2016 (January to September), the revenue was NT$10.46 billion, a slight decrease of 1.5% from the same period in 2015.


Zhang Boyi, chief financial officer and deputy general manager of Ronda Electronics, said that in the third quarter, the backlight market was more optimistic than expected, and there was still price pressure in the lighting market. Ronda takes cautious orders, adjusts products and customer portfolios to counter competition in the lighting market.


Ronda performed well this time. In the third quarter of 2016, the gross profit improved by 4.4 percentage points, and the industry returned to profit. Looking forward to the fourth quarter of 2016, although the LED backlight market is a traditional off-season, Ronda's backlight products are supported by the technical threshold to lock high-end, and it is expected to maintain a certain water level in the off-season.


The lighting market is still low in quantity and low price. The comprehensive effect of Ronda's past adjustment of lighting product portfolio has begun to appear. In the future, it will continue to maintain prudent orders to increase profitability, increase the proportion of commercial lighting products, and strengthen cooperation with European and American customers. Provide optical and electrical thermal integration services to maintain the competitiveness of the company's products and technologies.


Edison announced the third quarter earnings report, a single-quarter after-tax profit of 19.7 million yuan (NTD, the same below), ending the previous three quarters of losses and smoothly turned profit, a single quarter earnings per share of 0.16 yuan.


Edison's third-quarter revenue was 869 million yuan, down 10% quarter-on-quarter and 12.6% year-on-year. However, due to improved product mix, improved efficiency and lower cost, gross margin rose to 16.2%, compared with 9.8% in the second quarter. In the same period last year, 11.52% climbed sharply and hit a new high in the nine seasons.


Net profit at the end of the previous four-year loss, converted to profit of 33.33 million yuan, after-tax surplus of 19.7 million yuan, compared with the second quarter, and also a profit of 2 million yuan compared with the same period last year, the earnings per share, earnings per share 0.16 yuan, showing that the company's efficiency in adjusting operations and physical fitness in recent years has gradually emerged.


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