2010 LED listed companies summary: capital help enterprises to expand profits

2010 influx of foreign enterprises in many industries LED lighting business industry chain in the middle and downstream of the LED packaging business at the same time, the industry LED companies are accelerating the pace of expansion, mainly vertical integration in the packaging and lighting business capacity expansion and industrial chain. To this end, more and more enterprises in the small board, the gem and listed in Hongkong, a number of listed companies for the issuance of semiconductor lighting project financing, more companies have entered the listing preparation stage. Leveraging the capital market, will further enhance the pace of development of the domestic LED industry. The 2010 annual summary report of the LED listed companies, can be said to be the performance of the whole line, after the test of the financial crisis, the LED industry in the capital support forces showed strong vitality and lucrative returns.

Chip enterprise profits

The chip is the core part of the upstream LED industry, is the industry threshold and relatively high profit, the main control in the hands of a few enterprises abroad, but domestic enterprises are struggling to win a bigger market, and achieved good results.

Is the domestic LED chip optoelectronics enterprises. 2010 annual sales revenue of 860 million yuan, net profit of $420 million. Compared with the same period last year, sales revenue increased by 83.42%, net profit increased by 132.73%. The company is the national Ministry of personnel identified enterprise post doctoral research station, not only introduced the world advanced LED epitaxy and chip manufacturing equipment, but also has by the domestic and foreign photoelectric technology R & D team consisting of top talent, grasp the leading epitaxial wafer and chip core technology, is the largest manufacturer of color high brightness LED chip, to achieve full-color high brightness LED chip industrial production base. At present, the company has 77 international first-class MOCVD and matching with the chip production line and testing equipment, to June 2011 will reach 144 sets of equipment, with an annual output of epitaxial film production capacity of 5 million 600 thousand.

2010, LIAN fully completed the annual business plan, operating income of 1 billion 200 million yuan, of which LED product sales revenue of $840 million, LED products to achieve rapid growth, profit margin of 21%, unchanged from last year. In addition to the traditional chip industry, the company implemented the extension of industrial chain, LED lighting products research and development into the stage by stage of production, independent research and development of LED lamps, LED fluorescent lamp, LED bulb lamp, and achieve mass production; semiconductor lighting TOP and high-power LED device production line construction basically completed in March this year. LED lighting device has started mass production.

Silan 2010 operating results achieved substantial growth, exceeded company expectations, operating income was 1 billion 500 million yuan, of which, LED industry is a wholly owned subsidiary of Silan azure company achieved operating income of 390 million yuan, an increase of 94%, net profit of 120 million yuan. In 2010, the Silan azure blue green light LED chip production capacity increased to 650 million (per month), the new order of the 8 sets of large equipment company MOCVD; Silan azure two capital, the registered capital of 500 million yuan; and funded the establishment of Chengdu Silan Semiconductor Manufacturing Co. Ltd., the production of LED products. 2011 Silan azure the implementation of technology projects of high brightness LED chip production line, the total investment of 500 million yuan, after the production of Silan azure blue and green LED chip production capacity will be increased to 1 billion 100 million (monthly) above.

Changelight 2010 listed in Shenzhen gem year operating income of nearly 300 million yuan, net profit of 140 million yuan, an increase of 54.4% over last year, 63.1%. 2010 production of LED epitaxial film 472611, an increase of 71.5% over the previous year, sales of LED chip 22628KK, an increase of over the previous year by 63.8%. The company products are mainly sold to the Pearl River Delta region and the Yangtze River Delta, the Guangdong province area on the LED industry, in 2010 the total sales of 160 million yuan, accounting for 52.43% of total revenue, Jiangsu province accounted for 12.26% of total revenue, and increased by 79.3% over the previous year.

2011 for the dry light, then the first year of entrepreneurship, but also the future of the company and the first year of high growth and entrepreneurship. In 2011 the company will continue to introduce 15 MOCVD production line in Yangzhou, Yangzhou by the end of 2011 will reach 20 MOCVD production lines, and will be fully operational, and strive in 2011 to complete the construction of the Xiamen base, in 2012 began to introduce a new production line, and put into operation and debugging.

Packaging enterprise extension

China Star optoelectronics is a leading enterprise in the LED packaging industry, packaging industry is the first listed company, listed on the SME board in Shenzhen. 2010, the state of the world to expand the production of optoelectronic packaging devices, while investing in LED chips for the company to achieve vertical integration strategy to lay the foundation for continued growth in operating results. 2010, the company achieved operating income of 880 million yuan, an increase of 39.7% over the previous year, net profit of $150 million, an increase of 28.3% over the previous year. This year will be used to raise funds to invest in the construction of 4 projects with a total investment of more than 500 million yuan, respectively is the "new surface mount LED technology projects", "power LED and LED light source module technology transformation project, LED backlight technology projects" and "semiconductor lighting technology and industry".

Honglitronic is expected in May listing prospectus, can. The year 2010, operating income of 440 million honglitronic yuan, a CAGR of 37.3%, net profit is 61 million 290 thousand yuan, the annual compound growth rate of 62.6%. The company's gross margin level is basically the same as the listed companies in the industry, but the growth rate is faster, which mainly and the company's rapid increase in gross margin of white LED products, and sales accounted for