Grasp the prospect of LED industry companies will increase investment

Compared with the overall loss of 30% in 2012 compared to the industry, now the LED industry is beginning to usher in the boom rebound. According to the Shanghai Stock Exchange Statistics, as of March 13th, A shares 53 LED companies have announced a total of 39 companies in the annual report in 2013 or annual results letters, of which the profitability of the company, the proportion of nearly 60%.

From the profit point of classification, the benefit of the lighting market demand in the second half of last year strong, downstream lighting, applications and other related enterprises have basically overall profit, such as the state of science and technology is expected in 2013 net profit rose 79.85%, Jufei, Riyadh, honglitronic, Rui Feng electric light, photoelectric distance net average growth of more than 20%.

From the industrial chain, LED downstream demand has begun to convey to the middle reaches of the upstream and downstream packaging and materials manufacturers, and to promote the profitability of related enterprises. As the square net profit growth of 93%, in addition to China microelectronics, China Science and technology last year to achieve profitability.

Part of the company's earnings growth is mainly attributed to the industry boom picked up. Honglitronic believes that the 2013 annual LED lighting market demand is good, effective release of the company's production capacity, the company maintained a steady growth in the main business. Poly fly optoelectronics also believes that the company is to seize the opportunity to pick up the LED industry boom last year. In addition, last year, the domestic LED field support policies continue, the price of LED lighting products and further restrictions on the use of incandescent lamp also contributed to the success, so that the photoelectric ruifeng.

Nevertheless, there are still some dismal corporate performance. One of the most serious decline in profit than beneficial up, up to 687.48%, followed by Elec-Tech, South photoelectric, HC semitek, net profit fell 94.22%, 89.95%, 79.3%.

Further analysis found that the vast majority of loss making business is not due to LED business performance decline, but another reason. Seastar said, the main operating conditions of EMS business deterioration led to substantial losses; net profit fell Moso 40% is due to the company's relocation office, Shenzhen minimum standard induced up regulation of rising labor costs. The Chinese can photoelectric, southern light is mainly in the first half of the loss is too large, even if the second half of the market to accelerate the growth of demand is difficult to compensate for its losses.

It is noteworthy that the LED industry has been close to pay attention to the body. Zhengbao reporter statistics found that last month, hundreds of institutions in the industry, FSL Alto electronics, nationstar, Han's laser, Riyadh, photoelectric, honglitronic, HC semitek, Moso and other 16 companies were nearly 30 field survey from February 18th to March, the Alto electronic 6 JCP received six field research institutions.

In this context, the listed companies are interested in increasing investment. Alto electronics research institutions receiving respect, LED lighting business market space, the company will increase investment, the business will become a new growth point. Million run technology, said the company this year will focus on expanding the LED lighting market and products, and accelerate the development of new technologies and new materials LED packaging and lighting. Jufei, honglitronic said that 2014 will be combination of market expansion.