LED companies have mixed feelings in the first half of the year

With the popularity of LED lighting, the demand for the entire industry chain is undoubtedly climbing. As of the morning of July 14, some LED companies also announced the 2014 semi-annual performance forecast. Among them, companies such as Sanan Optoelectronics and Hongli Optoelectronics have achieved growth expectations, as well as expected declines in performance such as Luxiao Technology and Nanda Optoelectronics. Demand growth and competition are fiercely interwoven in the entire LED industry, which can be described as both good and bad. Upstream: Sanan crystal net profit growth Luxiao Nanda net profit drop mainland epitaxial chip king Sanan Optoelectronics did not disappoint the capital market. Sanan Optoelectronics expects to achieve a net profit attributable to owners of the parent company of 648 million yuan in the first half of 2014, an increase of 40 or more over the same period of the previous year, and an EPS of 0.27 yuan to achieve earnings per share of 0.32 yuan. Sanan Optoelectronics said that with the penetration of LED lighting, LED demand is strong. During the reporting period, the company's production capacity has further improved and its profitability has continued to increase. Crystal Optoelectronics is also pre-increased in the upstream industry chain. Crystal Optoelectronics expects net profit for the first six months of 2014 to increase by 30 to 60. Crystal Optoelectronics said that the reason for the change in performance is that the demand for mobile phone-related products in the first half of the year, especially for high-end smart phones, is strong, and The products have undergone improvements in the previous technologies and processes; on the basis of the continuous growth of the sapphire substrate, the products have gradually increased. There are joys and no worries. Since the concept of sapphire once performed exceptionally in the secondary market, it is difficult to laugh at the bleak report due to the expectation of the semi-annual report. Luxiao Technology expects its profit for the first half of 2014 to be 4.8 million yuan to 6.8 million yuan, down 84.70-78.33 compared with the same period of last year. In the first half of 2013, Luxiao Technology earned 31.738 million yuan. In this regard, Luxiao Technology said that during the reporting period, due to the economic environment, the market competition was fierce; the production capacity of the company's fundraising projects has not been fully released, and labor costs, management costs, and financial expenses have been rising, resulting in a decline in gross profit margin. The decline in the performance of MO source big factory Nanda Optoelectronics seems to be a common occurrence. According to the data, the net profit in 2012 was 90.192 million yuan, down 49% year-on-year; the net profit in 2013 was 60.586 million yuan, down 32.83 year-on-year. Optimistic: It is expected that the net profit attributable to shareholders of listed companies will be 19 million yuan to 23 million yuan in the first half of this year, a decrease of 32.81-44.49 year-on-year. In this regard, Nanda Optoelectronics said that during the reporting period, due to fierce competition in the LED industry chain, the company's main products The sales price decreased year-on-year, and the sales price was relatively stable from the previous month. The sales volume increased by about 50. The overall impact of the company's 2014 semi-annual decline was lower than that of last year.

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