LED continued trough 11 companies in the third quarter net profit fell

From the beginning of the third quarter of last year, the LED industry inflection point, began to decline in the fourth quarter, until now, LED industry has not bottomed out.

Yesterday (October 25th), the photoelectric disclosed three quarterly this year, July to September, the company operating income of 140 million yuan, an increase of 2.52%, but net profit fell to 30.2%, and 9 months before the company profit decline of 25.99%. The company said that during the reporting period, the domestic and international macroeconomic complex, market competition, the company affected by the slowdown in revenue growth, gross profit margin declined slightly.

In the LED industry, profit decline is not a photoelectric, changelight third quarter net profit fell 45.91%, operating income fell 13.14%.

The reporter to call the name of investor changelight securities department, the staff explained that, from the beginning of the third quarter of last year, the inflection point of the LED industry, the fourth quarter began to decline, until now, LED industry has not bottomed out.

Comparison of the industry is to know the problem. It's not a company that runs the problem. Compared with the industry, in product cost control, we have been very strict. The above said.

The same as the LED chip manufacturer of China can photoelectric, then come up with a more ugly three quarterly data. October 22nd, Hua Bo photoelectric released 2012 quarterly report third. The third quarter of the company's total operating income of about $71 million 30 thousand, down 40.61%; net profit attributable to shareholders of listed companies of about $5 million, down 76.73%.

Hua photoelectric said in the report, the first half of the impact of performance in the three quarter of the negative factors still exist, the market maintained a competitive state, the company's operating data last year, there is still a significant decline. The company's securities department, told reporters that the poor performance of the company in the three quarter is basically not received government subsidies.

"Daily economic news" reporter statistics found that, as of press time reporters yesterday, a total of 20 LED related enterprises disclosed in 2012 three quarterly reports, including 11 in the third quarter net profit decline in varying degrees, accounting for 55% of the number of disclosure.

Wu Yulin, chairman of the FSL lamps Association, told reporters that the current domestic and international economic environment is not good, is a cause of the general downturn in LED enterprises. The deeper reason is that a large number of enterprises and funds to enter the industry, resulting in overheating investment, resulting in excess capacity.

From the second half of last year, LED industry reshuffle period, just to catch up with the global economic situation is not good. Before we are expanding, are on, but in fact the market demand is so much. Said the person in charge of the Ministry of human rights, said. Guangdong Lighting Appliance Association Secretary General Guo Xiu said, two years ago, those companies have invested in production, resulting in oversupply situation stage, in this case, will not sell more losses, the enterprise only desperately price. Guo Xiu also said that the current oversupply of LED related products, industry reshuffle will continue until the middle of 2014.

Wu Yulin analysts said, LED companies to get out of the trough, the need to expand the field of LED applications, not just confined to the lighting, the downstream application areas to expand, in order to drive the upper and middle reaches. In addition, he also said that enterprises should take the road of design, like clothing, to meet the individual needs of consumers.