LED crystal 3 large companies in 2012 combined losses of 2 billion 400 million, became the hardest hit

LED industry in 2013 operating results, although the whole industry into the recovery period, but the impact is still huge capacity by pile up in excess of requirement of LED upstream, grain plants become the hardest hit, the 3 major domestic LED grain crystal power plant (2448), canyuan (3061), the new century (3383) last year a total loss of NT $2 billion 400 million yuan (below). LED to 10 grain and packaging factory, 2012 annual loss of nearly 1 billion yuan of scale, leading LED packaging factory Everlight (2393) to the annual profit 542 million yuan profit LED won the throne.

LED2012 years of gradual recovery in the panel industry, rebound performance of LED backlight and LED lighting market demand, slowly warming, the whole LED industry in 2011 fell sharply after the recovery period, however, because the grain product price decline has not slowed down, coupled with the mainland grain factory advantage of government subsidies, continuous mining deficit orders strategy domestic grain, plant again last year after a bloody war, and expand the factory grain losses last year figures, also dragged down the performance of the overall industry profit, plus a total of LED grains and packaging factory 10 profit figures, a loss of nearly 1 billion yuan scale.

From the upper grain factory in 2012 profit performance, EPISTAR annual loss amounted to 1 billion 116 million yuan, canyuan loss of 594 million yuan, the new century has a loss of 714 million yuan, 3 large scale plant grain losses last year increased significantly compared with 2011, in cooperation with the upstream grain factory only Nichia Guang Lei (2340) last year after tax earnings 336 million yuan in the light of high power, Hong grain (4956) small earn 85 million yuan, and after tax earnings out Lunda vertical integration advantage of the supply chain performance is 290 million yuan.

Compared to last year the whole industry losses upstream become the hardest hit, the downstream packaging factory due to cost control advantages, the factory and master the different block orders, LED packaging factory last year with a slight profit performance, including Edison (3591) after tax earnings 29 million yuan, Huaxing (6164) after tax earnings 33 million yuan, the East Bay (2499 after tax earnings of 155 million yuan) and billion light (2393) after tax earnings of 542 million yuan. Among them, one hundred million after tax earnings surplus of more than 500 million yuan last year, LED industry profit throne.