LED car light permeability increases, the second half of Li Qing profit is expected to grow

LED car light module big factory Li Qing has merged revenue of 375 million yuan (New Taiwan dollar, the same) in June, more than 2 more than the previous month, and increased by 67%, three consecutive months to return to the annual increase, second quarter revenue of 1 billion 24 million yuan, also a slight increase compared with the previous season, however, because the full number of Li Qing orders from the mainland market, legal person forecast, second quarter The devaluation of the RMB will detrimental to the profit and loss of the company, and the profit of the single season will be under pressure. But Li Qing stressed that this year, although the mainland car market has a slower kinetic energy, but it is optimistic about the penetration of LED traffic lights, the company's revenue is still expected to maintain a better kinetic energy. In the growth of revenue growth, the annual profit is still expected to grow.

Li Qing's revenue was high in June, which mainly reflected the three major customers - China vision technology, the Great Wall automobile, and Dasu Wei Ruike, which continued to increase the LED car light module product stock way. The overall shipment increased with the new car import LED headlights from the advanced vehicle to the general car permeability, and the second quarter revenue had set a new high in the same period of the year. .

Li Qing statistics, the current Chinese domain order accounts for 35% of the company's revenue, the the Great Wall is 25%, and mawreike accounts for 10%. In the second half of this year, it is expected that the orders of three major customers still have kinetic energy, and the annual revenue continues to rise.

However, Li Qing also frankly, in order to accelerate the performance of the headlights, fog light permeability, and the next half of the second half of the Chinese domain visual technology, Wei Ruike and other major customers new orders demand, the company increased the second quarter of the new and old products to change the progress, the short-term operation will have some impact, at the same time, the RMB devaluation also on the single season exchange and loss profit and loss. There is some interference.

But looking forward to the second half of the year, Li Qing stressed that the peak season of the mainland car market, and the benefit of LED's permeability will be gradually shown, and the new and old product adjustment of the company is in the end, the new order in the second half of the second half of the year will be produced in succession, and will be confident of the quarterly growth of the following two quarter operating profit.

Legal person is estimated that the second quarter of the second quarter in the remittance and adjustment factors, single season will be lower than the first quarter, the first half of the first half of the EPS will be flat or lower than the same period last year, about 1.5 yuan up and down, but the second half of the Li Qing still have the opportunity to go high, and challenge a new record of a single month, the year's revenue still see increased 1~2, EPS is still expected to challenge 4 yuan.

Source: MoneyDJ

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