GLII Comments: Benefiting from the rapid growth of downstream demand, the development trend of China's LED industry in 2013 has been significantly improved, in line with the previous high-tech LED industry research institute (GLII) expectations for the improvement of LED performance throughout the year. The High-tech LED Industry Research Institute (GLII) believes that the demand for the lighting market will further erupt in 2014, and the development of the LED industry is expected to continue to improve throughout the year!
Compared with the overall loss of 30% in the industry in 2012, today's LED industry is beginning to usher in a rebound in prosperity. According to the statistics of the reporter, as of March 13, a total of 39 companies in 53 A-share LED companies announced their 2013 annual report or annual performance report, of which 23 companies achieved profitability, accounting for nearly 60%.
From the perspective of profit classification, benefiting from the strong demand in the lighting market in the second half of last year, downstream lighting, applications and other related companies have basically made a full profit. For example, Zhou Ming Technology (300232) expects net profit in 2013 to increase by 79.85% year-on-year. Jufei Optoelectronics (300303) ), Liard (300296), Hongli Optoelectronics (300219), Yuanfang Optoelectronics (300306), Ruifeng Optoelectronics (300241) net profit increased by more than 20%.
From the perspective of the industrial chain, LED downstream demand has begun to be transmitted to midstream packaging and upstream chips, materials and other manufacturers, and promote the profitability of related companies. As Fang Guoxin (002049) net profit increased by 93%, in addition, China Microelectronics (600360) and Zhongfa Technology (600520) achieved profitability last year.
Some companies attributed their performance growth mainly to the rebound in the industry. Hongli Optoelectronics believes that the demand for LED lighting in 2013 is good, effectively releasing the company's production capacity, and the company has maintained steady growth in its main business. Jufei Optoelectronics also believes that the company has seized the opportunity of the rebound of the LED industry last year. In addition, last year's domestic LED field support policy, LED lighting products prices and the use of incandescent lamps are further limited, etc., Ruifeng Optoelectronics think so.
Despite this, there are still some companies whose performance is bleak. Among them, the most serious decline in earnings was YES (002137), up to 687.48%, followed by Dehao Runda (002005), Nanda Optoelectronics (300346), and Huacan Optoelectronics (300323). Net profit fell 94.22 respectively. %, 89.95%, 79.3%.
Further analysis found that most of the loss-making enterprises were not due to the decline in LED business performance, but another reason. Shiyida said that the company's EMS business operation deteriorated sharply and led to a large loss; Moso Power (002660), whose net profit fell 40%, was due to the company's relocation of the office and the increase in the minimum company standard in Shenzhen. Huacan Optoelectronics and Nanda Optoelectronics mainly suffered losses in the first half of the year. In the second half of the year, even if the market demand accelerates, it is difficult to make up for its losses.
It is worth noting that the recovery of the LED industry has been closely watched by the organization. According to statistics from the Shanghai Securities Journal, in the past month, hundreds of institutions have respectively visited Foshan Lighting (000541), Alto Electronics (002587), Guoxing Optoelectronics (002449), Han's Laser (002008), Liard, and Union. 16 companies including Jian Optoelectronics (300269), Hongli Optoelectronics, Huacan Optoelectronics, and Maoshuo Power Supply conducted nearly 30 investigations, among which Alto Electronics received six institutional surveys from February 18 to March 6.
In this context, listed companies are interested in increasing investment. Alto Electronics accepted the investigation of the organization and said that the LED lighting business has a large market space, the company will increase investment, and the business will become the company's new performance growth point. Wanrun Technology (002654) said that the company will focus on expanding the LED lighting market and products this year, and accelerate the development of new LED packaging and lighting technologies and new materials. Jufei Optoelectronics and Hongli Optoelectronics said that in 2014, the market will expand in line with market conditions.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
Compared with the overall loss of 30% in the industry in 2012, today's LED industry is beginning to usher in a rebound in prosperity. According to the statistics of the reporter, as of March 13, a total of 39 companies in 53 A-share LED companies announced their 2013 annual report or annual performance report, of which 23 companies achieved profitability, accounting for nearly 60%.
From the perspective of profit classification, benefiting from the strong demand in the lighting market in the second half of last year, downstream lighting, applications and other related companies have basically made a full profit. For example, Zhou Ming Technology (300232) expects net profit in 2013 to increase by 79.85% year-on-year. Jufei Optoelectronics (300303) ), Liard (300296), Hongli Optoelectronics (300219), Yuanfang Optoelectronics (300306), Ruifeng Optoelectronics (300241) net profit increased by more than 20%.
From the perspective of the industrial chain, LED downstream demand has begun to be transmitted to midstream packaging and upstream chips, materials and other manufacturers, and promote the profitability of related companies. As Fang Guoxin (002049) net profit increased by 93%, in addition, China Microelectronics (600360) and Zhongfa Technology (600520) achieved profitability last year.
Some companies attributed their performance growth mainly to the rebound in the industry. Hongli Optoelectronics believes that the demand for LED lighting in 2013 is good, effectively releasing the company's production capacity, and the company has maintained steady growth in its main business. Jufei Optoelectronics also believes that the company has seized the opportunity of the rebound of the LED industry last year. In addition, last year's domestic LED field support policy, LED lighting products prices and the use of incandescent lamps are further limited, etc., Ruifeng Optoelectronics think so.
Despite this, there are still some companies whose performance is bleak. Among them, the most serious decline in earnings was YES (002137), up to 687.48%, followed by Dehao Runda (002005), Nanda Optoelectronics (300346), and Huacan Optoelectronics (300323). Net profit fell 94.22 respectively. %, 89.95%, 79.3%.
Further analysis found that most of the loss-making enterprises were not due to the decline in LED business performance, but another reason. Shiyida said that the company's EMS business operation deteriorated sharply and led to a large loss; Moso Power (002660), whose net profit fell 40%, was due to the company's relocation of the office and the increase in the minimum company standard in Shenzhen. Huacan Optoelectronics and Nanda Optoelectronics mainly suffered losses in the first half of the year. In the second half of the year, even if the market demand accelerates, it is difficult to make up for its losses.
It is worth noting that the recovery of the LED industry has been closely watched by the organization. According to statistics from the Shanghai Securities Journal, in the past month, hundreds of institutions have respectively visited Foshan Lighting (000541), Alto Electronics (002587), Guoxing Optoelectronics (002449), Han's Laser (002008), Liard, and Union. 16 companies including Jian Optoelectronics (300269), Hongli Optoelectronics, Huacan Optoelectronics, and Maoshuo Power Supply conducted nearly 30 investigations, among which Alto Electronics received six institutional surveys from February 18 to March 6.
In this context, listed companies are interested in increasing investment. Alto Electronics accepted the investigation of the organization and said that the LED lighting business has a large market space, the company will increase investment, and the business will become the company's new performance growth point. Wanrun Technology (002654) said that the company will focus on expanding the LED lighting market and products this year, and accelerate the development of new LED packaging and lighting technologies and new materials. Jufei Optoelectronics and Hongli Optoelectronics said that in 2014, the market will expand in line with market conditions.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
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