Taiwan LED industry under the thin fat billion light Q3 profit contrarian growth

This year, Taiwan LED industry hard, but in the LED billion light lighting component shipments rebound, on quarter profit growth trend, share after tax net income 0.96 yuan (NT, the same below), the first 3 quarters of this year the cumulative net income per share was 3.01 yuan, is a rare LED industry has substantial profit this year, manufacturers, Taiwan LED industry still show thin under fertilizer, packaging factory is better than the performance of the upstream chip factory.

Billion light announced third quarter earnings, compared with the second quarter profit contrarian growth, single quarter net income amounted to 410 million yuan, compared with the previous quarter growth of 30%, the annual reduction of 42% per share after tax net income was 0.96 yuan, with gross margin of 23.39%, also better than in the second quarter of 22.25%; the first 3 quarters of the cumulative billion light year profit of 1 billion 285 million yuan that year over year decline of 20% per share, after tax net income 3.01 yuan, LED is still the industry's profit per share is king, there are a few substantial profits LED plant.

Foreign firms that, on the season 108 million yuan billion light exchange gains, the net income per share expected, estimated billion light operating performance this season is expected to flat, full year earnings per share forecast revisions to the fear of less than 4 yuan, slightly lower than the estimated earlier this year.

In May this year to start a price war to North American brands, the impact of LED lighting price, supply chain in order to meet, have launched a new version of the result, the impact on the operating performance of the season, the Department of Taiwan LED factory announced third quarter earnings, single quarter operating performance two, LED packaging factory universal small profit chip because plant utilization rate is low, influence of electric loss rate reached 5.18%, thus expanding the size of the deficit.

Crystal electric on quarter gross margin, interest rate both in deficit camp, loss rate of 5.18%, the camp loss rate of 20.15%, both compared to the second quarter expansion, single quarter net loss of 1 billion 35 million yuan per share, after tax net loss of 0.96 yuan; the first 3 quarters of this year the cumulative net loss of 359 million yuan per share, net loss of 0.33 yuan after tax.

Foreign circles believe that crystal electric loss in the third quarter more than expected, mainly due to falling prices, utilization rate is low, and after the merger canyuan, destroyed inventory pressure, while the fourth quarter recovery force is expected to remain weak, the fear of EPISTAR quarter revenue quarter by 7%, hold a conservative view of the LED industry in Taiwan block.

As for the packaging factory is barely hold a profit, the East Bay quarter net income of 61 million 370 thousand yuan, compared with the second quarter of the 64 million Yuanwei amplitude decline, also 283 million yuan to more than the same period last year, net income per share was 0.2 yuan, a total of the East Bay for the first 3 quarters of this year profit of 189 million yuan per share, net income is 0.6 yuan.

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