LED package large manufacturers next year boom

High power LED packaging industry in Taiwan listed on the emerging Edison (3591) before the three quarter earnings. Eryiyi a node from three yuan, four yuan per share earnings. Sen Sen pointed out that next year, three, April, the annual peak season, the opportunity to have a chance to challenge the monthly revenue of $one hundred million mark.

Edison major shareholders include Wang Qi (6168), long yuan (6261), Xubang photoelectric holdings and Taiwan life insurance, popular market attention, Edison in October in Taiwan at the end of the emerging listing, is expected next year to apply for listing.

Now there are five to 60% of the proportion of revenue from the high power LED, 30% from optical transmission components, Ping Junmao interest rate of up to 30%. Sen pointed out that last year, the ratio was 54% and 46%, the application of the field to the lighting market, including professional lighting, stage lights, as well as street lamps and other products, there are a small number of street lamps began shipping.

The first three quarters of revenue, after tax net profit has exceeded last year's level of performance, the first quarter of this year, revenues of 666 million yuan, higher than last year's total of $545 million in the past two years, the gross margin has remained about 30%. Sen Sen pointed out that high power LED lighting market growth rate next year, revenue and profit should still be able to maintain growth momentum.

Edison on Friday (nine days) emerging market transaction price is 140 yuan, compared with the previous day average price fell 5 yuan, down 5.4% compared with the average price of the whole week, the average price of 150 yuan at the end of October fell 6.67%. But the major shareholder of Hong Qi, Xubang photoelectric holdings and low investment cost, Wang Qi holds Edison 13%, large wire Xubang controlling shareholder, Edison Xubang holds about 10%, so the potential benefits of large shareholders to dispose of considerable; Sun Zongding Edison's chairman Wu Jianrong, general manager in the LED packaging industry leading billion light office.

Source: Taiwan Business Times