2013 semi annual report LED chip manufacturers

2013 chip prices continued to decline in the first half of 2012, the tragic price war from several listed companies have been published in the first half of the annual report shows.

Dry photoelectric interim revenue 222 million net profit down by 21%

The evening of August 8th, changelight announced the 2013 semi annual report, the first half the company achieved operating income of 222 million yuan, compared with the same period last year compared with an increase of 14.96%; this period occurred during the cost of 28 million 759 thousand and 600 yuan, compared to the same period last year growth of 43.57%, mainly due to the increase in investment in R & D projects; attributable to ordinary shareholders of listed companies net profit of 50 million 382 thousand and 100 yuan, compared with the same period last year compared to a decrease of 20.99%; basic earnings per share of 0.17 yuan.

Comments: dry shine, said the first half of 2013 LED industry policy support efforts to increase gradually, in this policy context, the company's product market demand may be further expanded. In the first half of the year to accept the government subsidies about 6800000 yuan, compared with the same period last year, although the total assets of the company's net profit attributable to shareholders declined over the previous year. Is expected to be the main reason for the main product sales price decline, gross profit decreased more.

China Optoelectronics is expected to report a large decline

In June 27th, HC semitek subsidiary HC semitek (Suzhou) Co., Ltd. acquired technology three subsidy of 27 million 800 thousand yuan, as of the release in August 21st, HC semitek still intends to disclose the report, published in its 2013 semi annual results notice, HC semitek expects 2013 half year attributable to shareholders of listed companies the net profit of about 12 million yuan -2000 million yuan, than the same period last year dropped about 46.1~67.6%.

Comments: Hua photoelectric performance report last year to achieve operating income of 330 million yuan, operating profit of about $32 million 360 thousand, total profit of 108 million yuan, net profit of $87 million 340 thousand. Decline in operating results in the first half of this year is expected to remain the main reason for the impact of increased competition, LED chip sales fell more than expected.

The first quarter profits

The first quarter of 2013 revenue of 700 million yuan, the profit for the first time since the second quarter of 2012, an increase of 22%; the benefit of the LED product with gross margin increased 4.3 percentage points to 26%, operating profit margin of 5.7%. Net profit attributable to shareholders of Listed Companies in the first half of 2013 between 50 million yuan to $87 million, down from 30% over the same period last year to $60%. The company has a total cut since the beginning of the June 2013 the arrival of MOCVD equipment 92, 45 units have been completed debugging began, 5 sets of equipment for research and development, in 2013 6 at the end of the company's MOCVD equipment will not reach 110 units of the scale.

Comment: the company 2012 annual revenues of 2 billion 758 million yuan, the NVC 2012 annual revenues of 3 billion 546 million yuan; Wang Donglei said this year that Elec-Tech goal is within the next five years, the impact of the global LED industry before three. Last year, the financial subsidies for Elec-Tech survive, the year before the LED chip to make money, but lose badly last year. Government subsidies for MOCVD devices are expected to end up here.

Silan azure achieved operating income of 74 million 470 thousand yuan

Hangzhou Silan microelectronics Limited by Share Ltd released the 2013 semi annual report, the reporting period, Silan achieved operating income of 74 million 470 thousand yuan, 8.61% less than the same period in 2012, net profit -2631 million yuan, down 161.31% compared to the same period in 2012.

Comments: 2012 Silan azure achieved operating income of 155 million yuan, the price is LED chip at the end of last year to have decreased greatly is the main cause of the loss but with Silan azure, LED lighting market has entered a rapid start-up phase, is expected in the second half of the LED chip prices will stabilize this year. Is expected in the second half of 2013 Silan azure sales revenue will greatly increase over the first half, profitability will be improved.

An optoelectronic revenue increase of 22% net profit flat medium

An optoelectronic August 5th evening disclosure report, the company in the first half revenue 1 billion 674 million yuan, an increase of 22.13%; attributable to shareholders of listed companies net profit of 463 million yuan, representing a slight decrease of 0.70%; basic earnings per share of 0.32 yuan. Sanan optoelectronics said, at present, a wholly owned subsidiary company has exceeded 130 sets of MOCVD equipment, in a state of full production, with further enhance the company's technology, production capacity will be further released, the scale effect will be further reflected.

Comment: in June this year, an optoelectronic wholly owned subsidiary of Lightera Corporation with its own monetary funds $22 million acquisition of U.S. equity 100% lumens. Is expected to take the opportunity to obtain its customer resources, enrich their sales channels. Meanwhile, the United States has a number of patents lumen will further consolidate the company's technical advantages in the field of LED. In August, three optical approximately 500 million yuan stake in Taiwan second LED chip factory canyuan won the Taiwan Bureau of industry of vote, the fastest at the end of August, when the company will become the largest shareholder canyuan. An electric light has been the industry's leading enterprises, the future will be expected to fully benefit from the surge in industry demand.