Chinese LED Industry Increased appetite
After half a year, LED industry to produce a beautiful results.
From the current announcement of the 2017 interim results notice of the LED business, including pre-increase, slightly increase, continued surplus and loss, including the proportion of pre-hi almost 70%.
In fact, since the second half of 2016, LED industry boom continued to improve, the upstream chip and the middle of the packaging industry business performance have been greatly improved.
In the industry gradually formed the pattern of domestic LED market demand for the rapid outbreak of the background, the market pick up, export recovery, integration of mergers and acquisitions, capital operation, cross-border, etc. become the development of LED industry in 2017 keywords.
Industry boom to the good, business performance improved significantly
LED industry in the downturn after 2015, in the second half of 2016 ushered in the industry recovery. The first chip prices led the upstream and downstream of the economy boom.
From the LED industry in 2016 and 2017 1 quarter report, the listed company's core financial indicators are showing a significant improvement trend, the core indicators, including ROE, revenue scale and growth rate, the net profit and growth rate, gross margin, net profit and Operating cash flow and so on. LED industry trends to have a solid financial data as a verification, more firmly optimistic about the industry optimistic about the LED industry trends.
According to statistics, there are now more than 20 LED industry companies announced the 2017 interim results notice, including pre-increase, slightly increase, continued surplus and losses, including pre-hi ratio of 80%. Overall, the upstream chip and midstream packaging companies net profit growth in the forefront. Statistics show that in the first quarter of this year, 43 listed companies in the 43 companies, 40 companies revenue growth, 35 net profit year on year growth, net profit growth of more than 30% of the companies up to 27, accounting for more than 60%.