Benefit from the large size of the backlight volume poly fly photoelectric Q1 performance or eye-catching

The research report said the fly poly photoelectric company, a week before the excellent performance, the rate of increase of 31.34%, far from the beginning of the year rose 37%, significantly outperforming the industry as well as the Shanghai Composite Index, this year in all electronic stocks which rose ranked fourth. 2012 is the wisdom of mobile phone shipments growth in the 1 quarter of 2012, plus Jufei landing of the capital market, the 1 quarter of 2012, the excellent performance in the 1 quarter of 2013, smart mobile phone facing pressure to the stock, in this case, the performance of the company is still an 10%-40% growth, an increase of 21.7%-54.87%, the company expects 2013 1 quarter performance will be better than most electronics company. Analysts believe that the core driver is the size of the backlight gradually peatlands, as a new growth point of performance, the company needs to open the downstream market space. 2013 is the company's new business growth year, especially the large size of the backlight, the company will change the image of small companies in the market. Analysts believe that, despite the large size of the company is the industry leader in late, but compared with the domestic manufacturers, there is a modest gap between Jufei large-size backlight in 2013 the overall performance of the company to pull 10%--20%, the magnitude is not large, but the large size can enhance the company's valuation of backlight volume level, the capital market had been given the company is undervalued the value of standard condition in the company after the large size backlight volume rapidly changing. Expected revenue poly fly photoelectric 2013-2015 years were 7.93, 11.29, 1 billion 569 million yuan, year on year growth of 60.34%, 42.27%, 38.95%, 141.97, 196.46, net profit of 270 million 770 thousand yuan, year-on-year growth of 55.11%, 38.38%, 37.82%, EPS1.04, 1.44, PE18, 13, 1.99 yuan, 9 times, to promote the wisdom of small size mobile phone backlight steady growth, provide performance guarantee, large-size backlight volume change growth expectations.