In the period of "report card" released "who fail the exam"?

Summer and autumn, and the harvest season. Red in August, the LED listed companies have dried out their first half of the report card". The Chinese LED net to inventory the inventory, all enterprises are the first half of the assessment in the end is "pass" or "good" or "fail the exam"?

Upstream: three "rehabilitated" Huacan beautiful dry according to "desolate"

Let's take a look at the upstream. "Big brother" three finally "rehabilitate"! All the time, enjoy government subsidies Sanan optoelectronics criticized, and even detained on suspicion of government subsidies to whitewash performance rub. This time with Sanan optoelectronics "data" to speak -- the first half of 2014, three optical sales revenue 2 billion 177 million yuan, an increase of 30.03%; attributable to shareholders of listed companies net profit of 666 million yuan, an increase of 43.87%; attributable to shareholders of the listed company after deducting non recurring profit and loss of the net profit of 503 million yuan, an increase of 44.06%.

Needs to be emphasized is the net profit after deduction of non 503 million yuan, there is no "government subsidies" included in the current profits and losses, net profit growth is still pretty Sanan optoelectronics.

China can also be a recent photo of the sun out of the beautiful report card, successful turnaround. Its first half revenue of 304 million yuan, an increase of 172.19%, net profit of $44 million 145 thousand, an increase of 239.25%. Among them, the company's main products LED blue chip achieved operating income of 189 million yuan, an increase of 208.44%, gross margin was 27.74%; LED Green Chip achieved operating income of 113 million yuan, an increase of 126.37%, gross margin was 22.08%.

Three is "rehabilitated", HC semitek also China net profit soared, the mainland red yellow light chip changelight the biggest supplier of the first half of 2014 on the "report card" does not seem so perfect. Its first half revenue of 199 million yuan, down by 10.49%, net profit of $47 million 112 thousand and 100, down by 6.49%. Can be described as revenue, net profit both fell.

For the reasons for the decline in net profit double, according to the sun in the semi annual report did not do too much explanation. Analysis of LEDinside senior analyst Wang Fei said, "the red and yellow light capacity changelight is not expanded, and the red and yellow light in the price decline, especially in the face of increasingly fierce market competition, thus causing the net revenue decline is a normal thing. "

Let's look at the Australia Shunchang and Silan performance. Australia Shunchang first half of this year, revenues of 714 million yuan, an increase of 5.78%; net profit of 68 million 483 thousand and 600 yuan, an increase of 52%. Which LED business performance, sales revenue and profit contribution significantly increased. As MOCVD gradually put in place and production, Australia Shunchang LED chip a quarter, the two quarter were single quarter LED business income of 23 million 451 thousand and 300 yuan, 50 million 651 thousand and 100 yuan, compared with that in the first quarter, the growth rate of nearly 116% in the two quarter of the year.

Silan first half operating income of 871 million yuan, an increase of 16.64%; net profit of 61 million 547 thousand and 800 yuan, an increase of 65.8%. Among them, the LED chip revenues 121 million 372 thousand and 800 yuan, an increase of 68.03%, gross margin of 18.29%, an increase of 29.83%; LED device revenue of $59 million 302 thousand and 500, an increase of 145.56%, gross margin of $, an increase of 15.31%.

It is worth mentioning that the Silan subsidiary company and the company Silan azure card has achieved profitability. The first half of 2014, with the release of production capacity, competitive advantage Meika Music Company in the high-end color pixel device market has been consolidated, and further enhance the brand image.

Dragon photoelectric report in the first half of this year may not be so ideal, revenue 62 million 680 thousand and 400 yuan, down by 63.04%, net profit loss of $53 million 884 thousand and 600, down by 742.80%. Tianlong photoelectric 2012 and two consecutive years of losses in, the loss of half a year in 2014, $53 million 884 thousand and 600. The company expects a loss of 37 million ~4200 million in the first quarter of 2014. If the 2014 year of continued losses, its shares will be listed after the disclosure of the annual report in 2014 was suspended.

[1] [2] [3] next page