Taiwan LED industry growth in the second half of the year to grow into a profit of 100 million profit King

After the first quarter profit of lextar increased nearly 5 times, leading the packaging factory Everlight profit equally bright, first quarter net income of 567 million yuan (NT, the same below), the annual growth rate as high as 35%, hit a record high earlier, net income of 1.31 yuan per share, the whole LED industry first quarter profit thin under fertilizer LED packaging factory, relative prominence.

According to billion light announced earnings, first quarter revenue reached 7 billion 233 million yuan, the average gross margin of 24.71%, still maintained the level of performance, net income was 567 million yuan, compared with the same period last year rose 35%, compared with the fourth quarter of last year growth of 3.09%, the calendar year hit a new record high, per share net income reached 1.31 yuan, for there are a few substantial profits LED plant.

Billion light over the past five quarters of revenue, EPS profile

Billion light said that from the beginning of June shipments can be seen rising, LED lighting and backlight can be seen rising demand, although this year's peak season is expected to be later than the effect, but the second half of the boom is not pessimistic.

Billion light has purchased a new factory in Miaoli Causeway, and start the Switching Company debt plans to raise 5 billion yuan, electricity group will subscribe for 251 million yuan, accounting for 5.02% of the amount of the sum of CB, large shareholder group is also the New Century Electric Holdings of more than 5%, Taiwan billion light heavyweight customers in the new century, through money. The formation of a certain degree of alliance.

Lextar yesterday should also be invited to Fubon securities, corporate outlook released third quarter boom, boom can be seen good growth momentum, kinetic energy from the second season season postponed to the third quarter, in order to cater to the cyclical fluctuation, Lunda epitaxial moon production capacity is expected to expand to 300 thousand pieces (about 2 inch wafer calculation).

Previous by PHILPS, OSRAM have announced the influence of spin off LED department, hit the LED shares, the index was 10000, LED stocks have continued to slump, yesterday launched a self-help chip factory in the new century, announced the launch of the treasury shares fell, since for this wave of LED shares, treasury shares first resorted to the mechanism of LED plant, can be regarded as business contact bottom index.

The new century is expected from (15) to July 14th 5000 from the date of the repurchase, repurchase price range is 12 ~ 20 yuan; the new century a total of 72 sets of MOCVD machines, will upgrade the equipment this year, will be upgraded to 2 inches from the epitaxial wafer to enhance the production capacity of 4 inches.

LED industry in the second half of last year into the inventory correction, the effect of this season than last year, only a modest growth, plus the top two global lighting factory, have been cutting LED lighting business, the impact of LED shares, crystal electric shares are still lower than the net value per share, the stock price is far less than the CREE lextar cost 30 yuan, billion light barely hold 70 yuan.

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