Billion light said 08 years of performance in March to take off, the annual revenue increased by 3 to juvenile

Everlight chairman Ye Yinfu 31 PM in the performance of listed companies "Stock Exchange said:" when 08 years billion light SMD part of the capacity will be substantial growth, is expected to produce 680KK by the end of the year rose to 08 years of 1Q 1000KK, and the other including display and not visible products will grow slightly. In the Lamp part of the production capacity will remain unchanged, in addition, Ye Yinfu also said that the billion light revenue will 08 years since March to enter the season after take-off, the growth of annual revenue is the most basic of the 3, 08 year 1Q will maintain 3 gross margin.

Ye Yinfu said that the development of LED market can be divided into a handheld device, LCD backlight, automobile market and the commercial, auxiliary and general lighting, handheld devices in the market, Ye Yinfu said, mainly in the mobile phone backlight is the largest market, including the backlight, backlight, flash and so on button.

LED in size, backlight demand, yeyin Fu said, 08 years 7-10 panel market is expected to have 66 million inch tablets, while LED penetration in small and medium size high permeability is about 55%, 07 years 08 years up to 62%; in large size, respectively LCD TV, NB and MONITOR in 07. LED penetration is not high, but 08 years is growing, such as permeability in LCD TV LED for 07 years only 0.5% and 08 years is expected to reach 1.2%, while the back will have multiple growth; while in the car market, it is very difficult to enter the market, a car is about to use 2000 LED, billion light present in the automotive interior and exterior are cut, now only has not yet entered the car headlights.

Ye Yinfu said, LED potential market growth from the greenhouse effect and environmental awareness, each area proposed to reduce carbon dioxide emissions policy, promote the use of LED lighting, the use of 09 years of Taiwan public department will stop incandescent light bulbs, other countries also have announced the discontinuation of incandescent light bulbs and in commercial lighting. Hi-POWER LED in lighting applications the average annual compound growth rate of 75.2%.

However, LED lights in the market concerned about the opportunities, Ye Yinfu said, because the carbon dioxide reduction targets, and the street market is the most easy to see, so the growth rate of Chinese LED street to LED street is very large, and eight meters high pressure sodium lamp, high pressure sodium lamp to achieve the same brightness to 250 watts, only LED 60 watts, but at the price of high pressure sodium lamp is about 6000 yuan, LED needs 20 thousand yuan, but in the next two years, with the total cost and maintenance cost is calculated, and the LED high pressure sodium lamp cost consistent, the future LED will cost is better than that of high pressure sodium lamp.

As for the billion light performance, billion light before November revenue of 8 billion 960 million yuan, the three quarter gross margin of 30%, Ye Yinfu said, billion light in the first half gross profit is lower because the inventory policy tends to be strict, for example if this order as long as more than 60 days have not yet shipped, the company set aside 50% of inventory loss, in some of the raw materials if you buy raw materials not used within 60 days, also provided 5 of the losses that billion light made significant changes in inventory policy, so the first half gross profit decline, but the cost is higher, 10-11 month gross margin has rebounded to 33%, before the November EPS to 5.58 yuan after tax.

Source: Lean news