An interpretation of 32 LED, Linsen enterprise three quarterly

Notice of the results of repeated bombing, LED company's third quarter earnings rujierzhi, as the LED industry income does not increase profits, the depth of the patients with panic disorder, online Jun skeptical statistics of 32 LED has released third quarter results of listed companies, the development of the industry to pick up the credibility of interpretation and the market.

From the 32 LED listed companies LEDinside statistics before the three quarter results, revenue growth reached 29, only the blue reflection, the same side and the BDO 3 enterprises in revenue decline, net profit growth of 23, 9 decline, the overall performance is more significant.

Upstream: Saman, Huacan eye-catching performance, BDO net revenue both fell

Back to the industrial chain segments, the 32 listed companies, LED chips is still occupy the dominant position of Sanan Huacan, this year more eye-catching performance, greatly enhance the net profit is a new technology with data into langene reasons, but its LED business is greatly improved.

In addition, the dry shine also performed well, although net profit has declined, but revenue has achieved substantial growth. But it is more promising is currently under the sun as the domestic four Yuan Department of red and yellow LED chip production one of the largest companies, the future prospects of the red market is more optimistic.

Australia Shunchang belongs to diversified enterprises, did not make LED business earnings in the third quarter, but from the semi annual data, Australia Shunchang LED business accounted for listed companies net profit of about 19%, from the semi annual report can be seen in the first half of the LED revenue has fallen by 37.12%, but the third quarter overall revenue growth of 8.87%. The overall rise of LED business or contribution.

The first three quarters of net revenue both fell, but always Elec-Tech layout in Flipchip, flip market heat gradually, BDO future worth looking forward to.

Middle reaches: the overall performance is good, rectangular, Wan run accelerated rail

Look at the performance of the package side. Country star, poly fly, the first three quarters of Ruifeng's revenue and net profit are a growing trend, the packaging industry gradually entered the scale, prices will gradually stabilize, the profits of the enterprise to ensure the package have been steadily rebound before the price war, Linsen, from the three quarter of China Star Packaging Enterprises announced price increases can be seen, industry concentration gradually increased, the scale of the enterprise has also realized the magnitude of expansion.

Compared with country star, poly fly, rectangular, Wan Run, Hongli is accelerating the change track layout, expand the field of education for the rectangular rail, the three quarter of the establishment of education fund, and Mason digital marketing layout has been basically completed, Newell is Hongli LED extended vehicle network based on the proposed acquisition of easy fast network. These enterprises to accelerate the expansion of rail transit emerging markets, with the further deepening of the layout, Future Ltd revenue LED business will gradually decline.

Downstream: lighting, display corporate performance considerable

Talk about the package, look at the terminal lighting display, lighting lighting, Yankon to OPPLE and FSL as the representative point of view, OPPLE lighting successfully listed, and teamed up with HUAWEI Home Furnishing layout intelligent lighting market, future growth space should not be overlooked.

FSL out of the shadow of litigation in the past, the throes of transformation LED has passed, the smooth entry into the LED lighting market, the first three quarters of net profit to achieve over 280% growth. The sun has long been achieved by LED independent brand, but also to accelerate the layout of the future of intelligent lighting. It can be seen that the traditional lighting companies have been transformed into labor pains, into the fast track, emerging lighting companies competitive pressure, channel advantage is not obvious, gradually changing the track.

The display field, since 2016, the entire screen of the fire is small spacing, Riyadh also because the original first layout and seize the initiative, at present the first three quarters of revenue over 2 billion 800 million, one of the leading areas of the building, alto and other display enterprises, more it is worth mentioning that Riyadh 2016 is accelerating the layout of the VR/AR emerging high growth areas.

At the same time, the rapid development of OLED accelerated the impact of the backlight market, and the original LED display technology has been redefined, but also put forward a more perverted requirements, which is one of the reasons MicroLED was pushed onto the stage.

In 2016, the overall situation from the chip package to display lighting and other related fields, and LED enterprises bigger trend, LED industry concentration is higher, but at the same time, the competition becomes more intense, the high margin market (including LED and non LED areas) has become the new trend of LED listed companies to change track. At the same time, with the development of the industry, the marginalization effect of LED becomes more and more obvious.

The 32 LED listed companies before the three quarter results.

Note: the table refers to the revenue of the company in 2016 1-9 months of revenue, net profit for each enterprise in 1-9 months attributable to shareholders of listed companies net profit of.

(text: LEDinside Skavy)

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