Deep Linsen seven LED packaging manufacturers due to changes in performance

In May, the first quarter of LED industry report have been disclosed finished, LEDinside editor of several major domestic manufacturers midstream packaging performance statistics, including wood Linsen, nationstar, REFOND, Hongli Newell, Jufei, Mason technologies and rectangular group, the overall performance is considerable, in addition to the main influencing factors Besides the contents mentioned each earnings, can also be traced back to the recent dynamic manufacturers in various fields.

Since 2017, the steady growth of the LED lighting market demand, industry concentration further enhance the action of Firms: continuously expansion, mergers and acquisitions, the layout of the emerging markets, these not only boost the revenue growth, but also to let the industry see the development potential and prospects of the market.

Revenue in the seven companies list, Mu Linsen, Mason technologies, Hongli Newell, nationstar and Jufei achieved positive growth, while REFOND and rectangular group declined year on year; net profit, in addition to Jufei net profit edged down, the remaining six manufacturers are different the degree of growth.

Rawlinson

Among them, the leading domestic manufacturers of packaging Mlinson, net revenues are the highest among the seven companies in the first quarter operating income of 2 billion 23 million yuan, an increase of 31.70%; attributable to shareholders of listed companies net profit of 166 million yuan, an increase of 24.94%. For the reason, revenue growth is mainly to expand production Linsen said that due to the impact of market development and.

In fact, as early as the beginning of this year, as Linsen announced that the company in January received the national development and Reform Commission "national development and Reform Commission on the issuance of bonds approved by the Limited by Share Ltd Linsen green" reply, agreed to the company's public offering of green bonds of not more than 1 billion 500 million yuan, 1 billion yuan to raise funds for the annual 100 billion. Light emitting diode (LED) expansion project.

Previously, dramexchange LED Consulting Research Center (LEDinside) latest report pointed out that in 2017 the global LED packaging Linsen revenue rankings, from seventh in 2016 rose to fourth in the world, is also due to capacity expansion.

In addition, it has been reported that in April, LED entered the car Linsen lighting field, from Taiwan Chinese began promoting, it is understood that Taiwan will cooperate with the Department of Taiwan Linsen lamp factory, mainly in the early stage of starting the rear light and direction light after market.

Nationstar

From the 2017 global LED package revenue rankings, the country star power due to the expansion of production capacity, revenue shot up, up to tenth. Due to the expansion of business scale and increase sales revenue, the parent company shall continue to optimize the product structure, increase the proportion of high value-added products, nationstar first quarter also produce a good report card, achieved operating income of 821 million yuan, an increase of 25.79%; attributable to shareholders of listed companies net profit of 80 million 390 thousand yuan, An increase of 55.32%.

In addition, investors in the interactive quiz last week, nationstar executives said the company continued to innovate chip technology, enhance the core chip manufacturing technology, play a supporting role on the packaging development strategy of chips, achieved good results at present. As for the new display technology, Mini LED display products in the production stage, and will further develop the Micro LED chip and related technology.

Hongli Newell

Third of the revenue Hongli Newell, 1Q18 achieved operating income of 874 million yuan, an increase of 26.24%; net profit attributable to owners of the parent company 92 million 580 thousand yuan, an increase of 16.07%, overall growth is relatively stable.

Hongli Newell said the steady growth of the LED market, the size of the company's business development, the main business maintained steady growth. At the same time, the company increased investment in the field of car regulatory level LED package, Mini LED, VCSEL and other professional, affected the 2018 first quarter net profit growth higher.

In addition, according to the results, the future will be to expand the LED Hongli automotive lighting business. It is not difficult to find, in addition to the main business of LED packaging, Hongli in recent years vigorously layout LED market in automotive lighting, and has been around the LED lights and other projects frequently signed a number of cooperation agreements.

REFOND

REFOND Q1 although revenue edged down 5.83%, but net profit still achieved more than 40% growth, in this regard, REFOND said, the company focus on research and innovation, constantly optimize the product structure, product first quarter gross profit level has been further improved.

For this and the next layout, REFOND announced the expansion and investment plan of the new display technology in April. According to the announcement, the company intends to issue convertible bonds to raise funds for a total of not more than 467 million 974 thousand yuan (including 467 million 974 thousand yuan), into the SMD LED package expansion project, Mini LED packaging production project, Micro LED technology R & D center projects and supplement working capital.

In this regard, REFOND pointed out that the expansion of SMD LED packaging production capacity bottleneck, can solve the company's existing production lines, to further meet the needs of the market, and help enhance the scale effect, reduce production costs, improve profitability; and Mini LED, Micro LED has a broad market prospect, the company promptly seize Industry development opportunities, it is helpful to get first mover advantage.

Mason technologies

In a quarterly seven packaging manufacturers, only allring technology first quarter revenue and net profit growth more than doubled, operating income of about 968 million yuan, ranked second. The reason for the revenue growth, Mason technologies said, mainly during the reporting period included in the consolidated Lixin media and advertising revenue increase.

It is worth noting that allring technology in March this year announced that the company intends to acquire a stake in a double enterprise, and the two companies are excellent domestic lighting engineering design and construction integration company.

It is reported that, along with the general lighting profit margins continue to be compressed, high margin market increasingly favored by the enterprises, which are big events, cruise economy, urbanization and other multilateral drive, landscape lighting industry market size of nearly trillion set off a boom in the industry layout.

Mason technologies move, perhaps in response to layout, as they say, this acquisition will further enhance the company in LED lighting and road lighting city especially in terms of market competitiveness, help improve the company in the lighting market segments of the industry status, promote the formation of LED downstream business synergies.

Jufei

Jufei 1Q18 achieved total revenue of 569 million yuan, an increase of 54.72%; attributable to shareholders of listed companies net profit of 36 million 820 thousand yuan, down 2.66%. Although net profit fell slightly, but Jufei said that during the first quarter, the company's overall operating in good condition, the main business steady growth.

In addition, an important research project Jufei development also includes lighting LED high margin products with Mini and LED car.

Rectangular group

A group of first quarter revenue fell 17.03%, but net profit has won more than 50% growth. The LEDinside editor noted that factors in the rectangular group list, one of which is due to the first quarter of the company to continue to promote the development of LED, continue to carry out the LED application product development, production and sales in general lighting and mobile lighting field.

It is worth mentioning that, in the spectator that rectangular group will continue to transition, attacking the education industry, the company has announced last month agreed to terminate the cooperation framework agreement previously signed with the Beijing World Art Union International Education Consulting Limited by Share Ltd ". Thus, a group to give up in the education industry, as reported a group or will in the future the main LED business, the integration of internal resources, improve the utilization rate of resources.

The performance data and reflect indirectly that the manufacturer is dynamic, can be found in the general trend of these large enterprises to midstream packaging, manufacturers will continue to expand production capacity, promote the depth of the LED business, and further inroads into the emerging niche market.

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