With the continuous increase in effective downstream demand, the LED industry's economic recovery has continued. After reviewing the 15 LED industry chain listed companies that have disclosed the 2014 results forecast, the reporter found that all of them achieved profitability last year. Among them, 12 companies achieved growth, with a report rate of 80%, and only three companies with a decline in performance.
Specifically, among the 15 listed companies, the growth rate of most companies is between 30% and 70%, such as Hongli Optoelectronics, Jufei Optoelectronics, etc. At the same time, some companies have shown rapid growth in performance, such as turning losses into profits. The joint building photoelectric and so on. In addition, three companies, such as Ruifeng Optoelectronics, may experience a decline in performance.
In the company, benefiting from the steady advancement of the “endo+extension†strategy, Lianjian Optoelectronics, which is located downstream of the industrial chain, achieved more-than-expected growth. The company expects net profit growth in 2014 to be 760.64% to 840.56%, with a profit of 140 million to 153 million yuan. Among them, the time-sharing media acquired by the company made outstanding contributions in May last year. In the same period, the company's LED display business is improving, and the business scale has increased significantly.
In addition, Chau Ming Technology also expects 2014 net profit to be 60 million to 66 million yuan, an increase of 81.97% to 100.17%. The biggest driver of high profit growth was the rapid growth of orders and revenues of UTV small pitch series products. It can be seen that, unlike the previous “rewarding†of subsidies, the increase in product orders has become a common reason for the growth of LED companies last year.
A few happy families, last year also have Ruifeng Optoelectronics and other companies to reduce performance. Taking Ruifeng Optoelectronics as an example, its forecast performance has dropped by 47% to 65%, and its profit is about 20 million to 30 million yuan. Ruifeng Optoelectronics said that in the fourth quarter of 2013, the terminal lighting market suddenly broke out due to policy guidance. Most companies believe that the LED lighting market is optimistic in 2014 and rapidly expand production. The production capacity was released in the second half of 2014, resulting in fierce competition and falling prices. Larger range. Affected by this, although the company's sales revenue has achieved significant growth, its operating profit has dropped significantly. At the same time, the company's customer Jiangxi Gafei Digital Technology Co., Ltd. went bankrupt and liquidated, with a provision for bad debts of about 5 million yuan. In addition, the company lost about 4.2 million yuan in investment income in 2014.
For some people's triumph, some people's performance declines, Alto Electronics said on January 21 this year, a number of institutions said: In the past year, the overall market size of the LED industry has improved, but at the same time competition in the industry has increased, Survival of the fittest and continuous integration have further enhanced industry concentration. The insiders of Qinshang Optoelectronics also told reporters that the LED lighting field is the most marketable area of ​​the LED industry, but after rapid development, it will gradually return to rationality. In the fierce market competition, the importance of brands and channels will be more prominent. As technology advances and costs fall, LED lighting products will gradually enter thousands of households, and its market prospects are still very broad.
Specifically, among the 15 listed companies, the growth rate of most companies is between 30% and 70%, such as Hongli Optoelectronics, Jufei Optoelectronics, etc. At the same time, some companies have shown rapid growth in performance, such as turning losses into profits. The joint building photoelectric and so on. In addition, three companies, such as Ruifeng Optoelectronics, may experience a decline in performance.
In the company, benefiting from the steady advancement of the “endo+extension†strategy, Lianjian Optoelectronics, which is located downstream of the industrial chain, achieved more-than-expected growth. The company expects net profit growth in 2014 to be 760.64% to 840.56%, with a profit of 140 million to 153 million yuan. Among them, the time-sharing media acquired by the company made outstanding contributions in May last year. In the same period, the company's LED display business is improving, and the business scale has increased significantly.
In addition, Chau Ming Technology also expects 2014 net profit to be 60 million to 66 million yuan, an increase of 81.97% to 100.17%. The biggest driver of high profit growth was the rapid growth of orders and revenues of UTV small pitch series products. It can be seen that, unlike the previous “rewarding†of subsidies, the increase in product orders has become a common reason for the growth of LED companies last year.
A few happy families, last year also have Ruifeng Optoelectronics and other companies to reduce performance. Taking Ruifeng Optoelectronics as an example, its forecast performance has dropped by 47% to 65%, and its profit is about 20 million to 30 million yuan. Ruifeng Optoelectronics said that in the fourth quarter of 2013, the terminal lighting market suddenly broke out due to policy guidance. Most companies believe that the LED lighting market is optimistic in 2014 and rapidly expand production. The production capacity was released in the second half of 2014, resulting in fierce competition and falling prices. Larger range. Affected by this, although the company's sales revenue has achieved significant growth, its operating profit has dropped significantly. At the same time, the company's customer Jiangxi Gafei Digital Technology Co., Ltd. went bankrupt and liquidated, with a provision for bad debts of about 5 million yuan. In addition, the company lost about 4.2 million yuan in investment income in 2014.
For some people's triumph, some people's performance declines, Alto Electronics said on January 21 this year, a number of institutions said: In the past year, the overall market size of the LED industry has improved, but at the same time competition in the industry has increased, Survival of the fittest and continuous integration have further enhanced industry concentration. The insiders of Qinshang Optoelectronics also told reporters that the LED lighting field is the most marketable area of ​​the LED industry, but after rapid development, it will gradually return to rationality. In the fierce market competition, the importance of brands and channels will be more prominent. As technology advances and costs fall, LED lighting products will gradually enter thousands of households, and its market prospects are still very broad.
Bolt Down Fuse,Midi Fuse,Meqo Fuse,Anl Fuse
Dongguan Andu Electronic Co., Ltd. , https://www.idoconnector.com