LED industry comprehensive recovery Taiwan manufacturers gross margin showed a major reversal

The comprehensive recovery of the LED industry, coupled with the continuous supply chain, has led to a better industrial order. In the first half of the year, the gross profit margin of many companies has returned to double digits. Looking at the financial figures for the first half of the year, Hong Qi’s profit-making flip was the most amazing. The EPS reached 1 yuan (NTD, the same below), far better than the -0.69 yuan in the same period last year, and the gross profit rate jumped from 4.17 in the same period last year. By 12.35, the second quarter gross profit margin came to 14.37 in the second quarter, and the single-quarter earnings per share (EPS) reached 0.75 yuan, a quarterly increase of 188, showing a big flip. Hong Qi said that this year's order-taking strategy is based on profitability. In the first half of the year, the benefits have been significantly improved. Although the revenue in July has declined, the gross profit margin in the month has jumped again. There is a chance to approach 20, and the third quarter is estimated. The profit will be better than the second season. In the new century, Dingyuan and Jingdian's gross profit margins also performed quite well; in the first half of the new century, the gross profit margin quickly climbed to 15.12, which was also a big flip compared to the -2.42 in the same period last year. In the second quarter, the gross profit margin of the second quarter rushed to 16.92. The upstream chip factory began to turn profitable in the fourth quarter of last year, and the profit also climbed quarter by quarter. In the second quarter of this year, the demand for TV, mobile phone and lighting increased simultaneously. The portfolio continued to adjust, and the proportion of flip-chip technology products increased. The single-quarter revenue reached 1.21 billion yuan (about 248 million yuan), and the quarter increased by 10.8, an annual increase of 23.4, a record high in the 11th quarter since the fourth quarter of 2011. . Benefited from the full utilization of capacity utilization, coupled with the growth of high-end product shipments, the gross profit margin in the second quarter climbed from 13.11 in the first quarter to 16.45, with a single quarter EPS of 0.2 yuan; the first half of the gross profit margin was 15.12, compared with the same period last year. -2.42 significantly improved, EPS0.34 in the first half of the year, significantly better than the EPS-1.28 in the same period last year. Dingyuan’s gross profit margin also surged in the first half of the year, rising from -7.09 last year to 14.3. The second quarter gross profit margin also reached 16.45. The second quarter of the crystal power industry was full, the yield increased, and the incentive gross margin rose to 21.43. It has set a new high level since the 8th quarter, a 6.2 percentage point increase over the first quarter. The operation turned into a profit, the net profit after tax was 745 million yuan, and the EPS was 0.81 yuan. In the first half of the year, Jingdian lost 97 million yuan (RMB 1988.50 million yuan), and the net loss per share was 0.11 yuan. In August, in addition to the quaternary high-brightness LED production capacity, the new MOCVD machine in mainland China will also be opened. Blu-ray capacity, crystal power is expected, production capacity will be all the way to the end of the year, revenue contribution depends on the release of production capacity, yield rate, the third quarter orders are better than the second quarter, the third quarter relative to the economy optimism. Yiguang's operation was also steady and up. The combined revenue in the second quarter reached 7.647 billion yuan (about 1.568 billion yuan), a record high, with a single-season EPS of 1.16 yuan, and a profit of 907 million yuan in the first half of the year (approximately 186 million yuan). ), EPS 2.16 yuan, an annual increase of about 49, stable LED profitable king. The LED industry said that the current industry is a comprehensive recovery, including lighting, backlight, invisible light and other related products, there is no wrong performance, especially lighting, the future demand will exceed the backlight. Taiwan New Investment Co., Ltd. continues to be optimistic about the third quarter revenue of LED-related stocks. It is estimated that there will be a double-digit growth in capacity. The capacity utilization rate will be from 85 to 90 in the second quarter, and further progress to the third quarter. Looking at the financial figures for the first half of the year, Hong Qi’s profit-making flip was the most amazing. The EPS reached 1 yuan (NTD, the same below), far better than the -0.69 yuan in the same period last year, and the gross profit rate jumped from 4.17 in the same period last year. By 12.35, the second quarter gross profit margin came to 14.37 in the second quarter, and the single-quarter earnings per share (EPS) reached 0.75 yuan, a quarterly increase of 188, showing a big flip. Hong Qi said that this year's order-taking strategy is based on profitability. In the first half of the year, the benefits have been significantly improved. Although the revenue in July has declined, the gross profit margin in the month has jumped again. There is a chance to approach 20, and the third quarter is estimated. The profit will be better than the second season. In the new century, Dingyuan and Jingdian's gross profit margins also performed quite well; in the first half of the new century, the gross profit margin quickly climbed to 15.12, which was also a big flip compared to the -2.42 in the same period last year. In the second quarter, the gross profit margin of the second quarter rushed to 16.92. The upstream chip factory began to turn profitable in the fourth quarter of last year, and the profit also climbed quarter by quarter. In the second quarter of this year, the demand for TV, mobile phone and lighting increased simultaneously. The portfolio continued to adjust, and the proportion of flip-chip technology products increased. The single-quarter revenue reached 1.21 billion yuan (about 248 million yuan), and the quarter increased by 10.8, an annual increase of 23.4, a record high in the 11th quarter since the fourth quarter of 2011. . Benefited from the full utilization of capacity utilization, coupled with the growth of high-end product shipments, the gross profit margin in the second quarter climbed from 13.11 in the first quarter to 16.45, with a single quarter EPS of 0.2 yuan; the first half of the gross profit margin was 15.12, compared with the same period last year. -2.42 significantly improved, EPS0.34 in the first half of the year, significantly better than the EPS-1.28 in the same period last year. Dingyuan’s gross profit margin also surged in the first half of the year, rising from -7.09 last year to 14.3. The second quarter gross profit margin also reached 16.45. The second quarter of the crystal power industry was full, the yield increased, and the incentive gross margin rose to 21.43. It has set a new high level since the 8th quarter, a 6.2 percentage point increase over the first quarter. The operation turned into a profit, the net profit after tax was 745 million yuan, and the EPS was 0.81 yuan. In the first half of the year, Jingdian lost 97 million yuan (RMB 1988.50 million yuan), and the net loss per share was 0.11 yuan. In August, in addition to the quaternary high-brightness LED production capacity, the new MOCVD machine in mainland China will also be opened. Blu-ray capacity, crystal power is expected, production capacity will be all the way to the end of the year, revenue contribution depends on the release of production capacity, yield rate, the third quarter orders are better than the second quarter, the third quarter relative to the economy optimism. Yiguang's operation was also steady and up. The combined revenue in the second quarter reached 7.647 billion yuan (about 1.568 billion yuan), a record high, with a single-season EPS of 1.16 yuan, and a profit of 907 million yuan in the first half of the year (approximately 186 million yuan). ), EPS 2.16 yuan, an annual increase of about 49, stable LED profitable king. The LED industry said that the current industry is a comprehensive recovery, including lighting, backlight, invisible light and other related products, there is no wrong performance, especially lighting, the future demand will exceed the backlight. Taiwan New Investment Co., Ltd. continues to be optimistic about the third quarter revenue of LED-related stocks. It is estimated that there will be a double-digit growth. The capacity utilization rate will be from 85 to 90 in the second quarter, and further progress to the third quarter.

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