Wang Si April revenue hit a record high LED test machine to enlarge shipments

The day before the Taiwan probe card and LED test equipment manufacturers Wang silicon (6223) announced in April revenue of more than 186 million yuan, a record high, the annual growth rate as high as 33%. Wang silicon revenue this year, the proportion of similar to last year, the probe card business accounted for 61%, LED test pick up the machine accounted for about 22%, solar crystal rod cutting accounted for about 17%.

Since the second quarter into the probe card shipments Wang quarter, LED amplification test machine shipments, and that the first quarter of deferred revenue, second quarter revenue outlook optimistic quarter revenue is expected to grow 25%, gross margin 44% challenges.

According to Wang Si statistics, April the number of shipments of 182 thousand and 200 needle probe card, the annual growth rate of 5.4%, order delivery ratio is 1.2, and the probe card shipments will also enter the previous quarter Wang cycle, this year to grow 10% to 15% as the goal, the total shipment target of 2 million 800 thousand needles; in the LED equipment, LED test the April shipments reached 45 units, compared with the same period last year were flat, before April cumulative shipments reached 168 units, a record in April, has recognized 18 revenue, this year is expected to Wang Si 400 units shipped in April before the above calculation, the target rate has reached 42%.

Wang silicon in the first quarter of 35 due to the delay in the declaration of the list, in April began to return to normal revenue recognition mode, this year LED upstream epitaxial expansion of the production plant is quite positive, shipments in the second quarter, orders are optimistic. As for cutting in solar ingot foundry, Wang Si has signed supply contracts in the home and abroad, cutting in the localization of crystal bar in high demand, the solar sector has full operation, also actively enhance the yield, at this stage the visibility of orders at the end of the year.

Wang Si from the first quarter loan influence, revenue increase rate still reached 28.7%, but in 35 communique, employee bonus and investment that reduced gross margin of 42.7%, net income of 1.1 yuan per share, in the second quarter, 123 sets of LED equipment all recognized revenue, the second quarter DRAM probe the MJC card will have a $1 million industry revenue. Full plus solar energy sector, the yield increase, corporate estimates, second quarter revenue is expected to grow 25%, gross profit margin increased to 44% chance.

Source: LEDinside