Recently, Taiwan's LED plant has been released for half a year. The profit of the LED Lighting Factory is the most outstanding. Because LED is only one of the components and the cost link of the lamp factory, Tang Shi Zhaoming and Grand Canyon -KY have carried out a lot of lighting projects in the mainland cities. In the first half of the year, EPS reached 4.09 yuan (NT $, the same below) and 3.36 yuan respectively. Beyond LED chip factory, packaging plant and sensing element factory, it has become a leading profit group.
Tang Shi in the first half of the year, both inside and outside the industry were beautiful. In the second quarter, with the increase of revenue, the industry's interest rate climbed to 12.8%. Compared with the first quarter, it gained a record high in the 8 quarter. However, because of the investment in the grand Canyon -KY, the net loss in the second quarter after tax was 1.6 yuan, which accumulated 506 million yuan in the first half of the year, an annual increase of 10.9%. In the first half of the year, tax per share was 4.09 yuan.
Tang Shi was invited to participate in the law at the invitation of the broker. Tang Shiquan, chairman of the board, looked at the performance in the second half of the year. He believed that the lighting project in mainland China was diffused from the first tier cities to the second tier and three tier cities. The market was not affected by the Sino US trade war. Tang Shi Quan expects that the proportion of the operation in the first half and second half of this year is expected to be 4 to 6. There is room for growth outside.
Tang Shi still holds 4200 -KY shares in the Grand Canyon, with a total investment of about 1700 and a shareholding ratio of 4.59%. At the end of last year, the average price of the Grand Canyon -KY was 36 yuan. As long as the annual average price remained above 36 yuan, the company's external trade mark was positive.
The Grand Canyon -KY has a gross profit margin of 33.54% in the second quarter, up 2.64 percentage points from the same period last year. After the first half of the year, it was 124 million yuan after tax and 3.36 yuan per share after tax.
The LED industry is still in the doldrums. The traditional chip factories and packaging factories are still in the stage of transformation. They have been turned into Mini LED backlight and display panels, sensing elements and so on. For LED lamps and lanterns factories, LED is only one of the components purchased. It is part of the cost structure. With the continuous downturn of LED prices, the purchasing cost of the lamps and lanterns factory is further. Gliding is conducive to medium and long-term operation of related lamps and lanterns factory.
In the first half of the remaining LED plants, EPS generally fell between 0.02 and 0.7 yuan, and the chip leading power was second in the second quarter. Its interest rate was about 1%. In the first half of the year, the net profit after tax was only 0.48 yuan, while the gross profit margin of LED packaging in the second quarter rose to 24.75%, and the net profit after tax in the first half of the year was 0.79 yuan.
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