Billion light Q1 performance is expected to gradually partial mild Q2 temperature

The Department of Taiwan LED packaging manufacturers billion light in the fourth quarter of last year in the lighting energy stabilization and backlight motoharu support, revenue performance roughly flat. Expected in the first quarter of this year, the impact of the Lunar New Year holiday, the overall performance is still weak, single quarter revenue and profit may be lower than the previous quarter. With the number of days to resume work, the traditional off-season in the past, the fastest since the second quarter after the opportunity to gradually return to warm.

For the Department of Taiwan billion light LED packaging manufacturers, is headquartered in Taipei forest, factory located in Taiwan, court, and Suzhou, and Guangzhou, and held by crystal electric and Taigu equity vertical integration of upstream LED grain supply. At present, the proportion of backlight about 25%-30%, lighting weight of about 20%-25%, invisible light about 15%-20%, other applications about 3 into.

By modification, adjustment, LED boom industry oversupply led to continuous decline and other factors, billion light in 2015 revenue decline, but because the company still has a comparative advantage in all aspects of product mix adjustment, product technology, internal management, profitability and continues to lead in Taiwan LED industry. Although LED prices continued to fall, however, with PHILPS to stop the bargains, lighting market pull force to stabilize, and spring spring stocking support backlight demand, fourth quarter results roughly equal.

In 2016, the industry that LED prices trend remains unchanged, but LED lighting penetration will continue to improve, with the introduction of new products and the lamp case. The expected Yiguang lighting related products shipments this year is expected to maintain double-digit growth. Backlight products in China, Japan and South Korea after the new customers continue to join (the fourth quarter of last year to start delivery), the overall performance of the ship also has the opportunity to grow slightly. Another car, indoor billboards, mobile phones and other products with kinetic energy.

Billion light 2015 third quarter consolidated revenue of 7 billion 71 million yuan (NT, the same below), quarter by 0.2%, the annual reduction of 17.1%, with gross margin of 23.4%, quarter by 1.2 percentage points, the annual reduction of 1 percentage points, operating profit rate of 6%, flat with the previous quarter, but the annual reduction of 3.6 percentage points, industry revenue contribution 108 million yuan (including interest income and interest exchange), a single quarter earnings per share of about 0.96 yuan. Accumulated in the first three quarters of revenue of about $21 billion 360 million, an annual decrease of 4.8%, operating profit of $1 billion 500 million, an annual reduction of about $25%, net profit after tax of $1 billion 290 million, an annual reduction of about, EPS about $3.01, an annual reduction of 21%.

Following the October revenue fell to 2 billion 321 million yuan, minus by $6.85%, an annual reduction of 17.29%, in November to recover the camp rose to $2 billion 539 million, an increase of 9.4%, an annual decrease of 7.5%, the cumulative total of the first 11 months of about $26 billion 240 million, an annual decrease of. Fourth quarter revenue forecast may be similar or slightly increased last season.

For more information about LED, please click on China LED network or pay attention to WeChat public account (cnledw2013).