PCB factory early orders increase the temperature BB value to return to the US dollar

In North America, the ratio of book-to-bill ratio (BB) returns to 1.00, and the volume of manufacturers' orders received at the beginning of the year has increased. The US-related stocks recently hit a new wave high.

American PCB factory DDiCorp. On February 16, it rose 9.43% to close at $11.14, reaching a new high since February 15; on the 17th it ended flat. PCB manufacturer Eltek Ltd. The closing price on February 8 (US$1.55) hit a new high since May 28, 2011. PCB manufacturer TTMTechnologiesInc. The closing price on February 3 (13.54 US dollars) hit a new high since August 2, 2011. U.S. flexible printed circuit solutions provider Multi-FinelineElectronix, Inc. ("MFLEX") The closing price on January 20 (27.50 US dollars) hit a new high since April 28, 2011.

DDi weighed on the US stock market on February 15th after the release of the fourth quarter of 2011 (October-December) financial report: affected by end-of-season holiday operations, demand weakening, revenue decreased by 1.8% (quarter-reduction 2.5%) It was US$64.5 million; the diluted earnings per share was US$0.32, which was better than US$0.25 in the same period of last year; the amount of orders received reached US$63.1 million. According to streetinsider. Com reported that analysts had expected DDi10-12 monthly revenue, the industry's earnings per share will reach 63 million US dollars, 0.22 US dollars.

DDi CEO Mikel Williams pointed out that since 2012, the company's order quantity has increased, which is encouraging. Although it is still too early to predict the performance of 2012, if this wave of trends can continue, then the company will have a very good opportunity to improve overall profitability.

The American Printed Circuit Board Association (IPC) announced on January 31 that in December 2011, the total printed circuit board (PCB) manufacturer in North America received a book-to-bill ratio of 1.00, which was higher than 0.97 in the previous month. For the first time in four months, it is higher than 1.1.00. This means that for every product shipped for $100 in the current month, new orders worth $100 will be received. In December, North American overall printed circuit board manufacturers' global 3-month moving average amount of orders fell 2.8% from the same period of 2010, but increased by 8.7% compared with November; the annual reduction rate in 2011 was 8.1%. In December, North American printed circuit board makers’ three-month moving average shipment amount fell by 5.1% in the same period of 2010, but rose by 6.9% from November; the annual reduction rate in 2011 was 1.9%.

According to IPC data, the BB value of flexible printed circuit board manufacturers in North America in December increased from 1.00 in the previous month to 1.03. Among them, the three-month moving average amount of global orders in December decreased by 27.7% compared with the same period in 2010, and fell by 10.7% from November; the annual reduction rate in 2011 was 0.4%. In addition, the moving average shipping value for the three months in December fell 19.8% from the same period in 2010, but increased by 2.9% from November; the annual reduction rate in 2011 was 2.5%.

According to IPC statistics, the BB value of Rigid printed circuit board makers in December increased from 0.97 in the previous month to 1.00. Among them, the three-month moving average amount of global orders in December increased by 0.1% from the same period in 2010, and increased by 10.7% from November; the annual reduction rate in 2011 was 8.8%. In addition, the moving average shipments for the three months in December fell 3.6% from the same period in 2010, but increased by 7.2% from November; the annual reduction rate in 2011 was 1.9%.

Sharon Starr, director of IPC's market research department, pointed out that in North America, printed circuit board sales in North America showed a monthly increase in December 2011, and the BB value also rose simultaneously, reaching 1.00 for the first time since the summer of 2011. She also stated that although printed circuit board sales in North America decreased by 1.9 per year in 2011, current indicators show that sales in 2012 have again shown signs of modest growth.