Q2 operating smoothly, the second half of operation will be heated up

In the second quarter of this year, the operation of the LED chip factory was roughly smooth, and the earnings of a single quarter per share were 0.34 yuan (NTD, the same below), with a total surplus of 0.70 yuan per share in the first half of the year and an annual increase of 8%. With the new order delivery of the wearable application sensing element, the new capacity of the sensor has been completed at the end of the second quarter, and has been put into production in the third quarter and contributed to the revenue. It is expected that the next half year operation should be better than the first half of the year.

At present, sensing elements account for nearly 48% of the revenue of the light, including Photo transistor, Zener diode and Photo diode, with a total capacity of about 3000KK/ months and 5 and 6 inch silicon wafers. In the near future, the productivity of the crops is full, and the visibility of the order is about two months. The main demand kinetic energy comes from wearable applications, car products, medical equipment (heartbeat, pulse measurement) and so on.

Due to the growth of the order, the company completed the first phase of the 10% expansion by the end of the year. This year, it continued to invest 400 million yuan in the expansion of sensor capacity, and has been installed in the second quarter. It is expected that after the third quarter is put into production, the next half year of the sensor capacity is expected to add 20% to the operation of new dynamic energy. It is estimated that the shipment of sensor devices this year has the opportunity to challenge two digit growth.

LED/ light-emitting components in this year, the proportion of revenue dropped to about 3, and the backlight applications continued to reduce, product applications accelerated the development of infrared, ultraviolet, car and other niche markets. Benefiting from the optimization of the product combination, the cause of light emitting components is also lower by the price competition of the land plant. At present, the proportion of infrared light emitting elements is 6.

As for VCSEL (vertical resonance cavity surface laser), the company has completed the development of small power VCSEL products and customer certification at the present stage. In the initial stage, the market is mainly consumer low power market, and the high power VCSEL is still being developed.

On the other hand, it contributed more than 220 million yuan in the first half of this year, but it was recognized by other comprehensive gains and losses after the punishment and transferred to the retained earnings to improve the shareholders' rights and interests, so it did not affect the performance of the profits and losses and earnings per share. According to the financial report, there are more than 6000 shares of light on the hand.

In the second quarter of this year, the operation of the second quarter was roughly smooth, with the capital stock after a single quarter earnings per share of 0.34 yuan, and a EPS of more than 0.3 yuan in the two quarter. In the first half of the year, the revenue was about 2 billion 699 million yuan, the annual decrease was nearly 9%, the basic earnings per share was 0.70 yuan, and the annual increase was 8%. With the delivery of new orders for the wearable application sensing element, the new capacity for sensing elements has been put into production in the third quarter and began to contribute to revenue, and the next half year is expected to have a chance to increase the temperature.

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