LED chip manufacturers have recently benefited from the blue LED LED market stabilized, four yuan red LED shipments continued to grow, fourth quarter revenue last quarter, 4%, but the annual increase of 7%, the first quarter of this year Although the revenue will be affected by the Lunar New Year holiday and cooling, but the estimated March will gradually rise in the second quarter have the opportunity to enter the season.
Looking forward to 2017, the outside world for the operation of this year, optimistic about the operation of electricity. The main reason is the mainland manufacturers to adjust some of the specifications of blue LED crystal offer, help the blue LED market temporarily stabilized. At the same time the company continued to expand high-end products business, including CSP non-packaged chip, Flip chip flip chip products and so on is also conducive to product structure.
The crystal is currently not only the world's top three blue LED crystal suppliers, but also the largest four yuan red LED crystal suppliers, the recent demand for four yuan LED heating, for the rate of improvement, product mix optimization, gross margin improvement , Should have positive help. As the company gradually expanded four yuan LED production capacity, corporate estimates, four yuan last year, the proportion of revenue has reached more than 2 percent, this year have the opportunity to climb to 3 percent water level.
Crystal products for LED backlighting / chip manufacturers, products used in panel backlight, lighting, LED billboards, automotive lighting and other niche market. Factories located in China Taiwan Hsinchu, Miaoli, Tainan, and mainland China Changzhou, Shenzhen, Xiamen and other regions.
Affected by industrial restructuring, crystal power from the second quarter of 2015 to the second quarter of 2016 continuous losses, with the same industry expansion slowed down, the market order stabilized, coupled with the company to re-adjust the capacity configuration, product portfolio optimization, four yuan LED The proportion of upgrading, following the third quarter of 2016 gross margin to more than 13%, turn around, the fourth quarter is still supported. It is expected that the overall operating performance in 2017 is expected to improve further.
Jingjiang in the third quarter revenue of 6.59 billion yuan (NT, the same below), quarter by 0.5%, an annual increase of 6.7%, gross margin to 13.69%, operating profit of 190 million yuan, However, the impact of external losses (exchange losses, etc.), single-quarter net profit of only 53 million yuan, net profit of only 3.05 million yuan after tax. Accumulated the first three quarters of revenue of about 192.05 billion yuan, 1.98% annual loss, operating loss of 1.68 billion yuan, net profit after tax 3.387 billion yuan, 3.18 yuan per share loss.
Fourth quarter revenue reached 6.33 billion yuan, quarter by 4%, an increase of 7%, annual revenue of about 25.539 billion yuan, an increase of 0.11%. Legal persons estimate the fourth quarter to maintain a small profit situation, but more losses in the first half, it is estimated that the loss is still the year.