After experiencing the downturn in 2015, the LED industry as a whole recovered. Judging from the performance report of LED listed companies that have been released in 2017, the growth is obvious.
According to GGII data, the overall scale of China's LED industry reached 636.8 billion yuan in 2017, a year-on-year increase of 21%. The upstream chips grew rapidly, the midstream package developed steadily, and the downstream applications maintained rapid growth. GGII expects that the compound growth rate of China's LED industry output value will reach 18% in 2018-2020. In 2020, China's LED output value will exceed 1 trillion.
It can be seen from the GGII data that the LED industry as a whole still shows a growth trend in 2018, and the first-quarter performance forecast from listed companies such as Mulinsen, Liard, Changfang Group and Tailong Lighting can be seen.
Liard expects net profit of 2.76-3.10 billion in the first quarter
The 2018 first-quarter results forecast was released. In the first quarter, the net profit attributable to listed companies was expected to be 2.76-3.10 billion yuan, a year-on-year increase of 60-80%, and the performance achieved rapid growth.
Liard said that the main reason for the increase in net profit for the period was the expansion of sales scale and the increase in orders, as well as the increase in net cash flow from operations over the same period of the previous year.
Mulinsen expects net profit for the first quarter of 1.50-1.80 billion
Mu Linsen released the first quarter of 2018 performance forecast on March 5. It is estimated that the company's net profit for the first three months of 2018 will be 150 million yuan to 180 million yuan, compared with 133 million yuan in the same period of last year, an increase of 13.15% to 35.78%.
The company said that the above predictions are based on the following reasons: 1. The prices of major products are stable, and the layout of the entire industry chain effectively controls costs. 2. The newly added capacity of the fundraising project was gradually released, and the scale effect was significantly improved, which led to a further decline in the unit cost of the product, and the market share increased steadily.
Tailong Lighting expects Q1 net profit to increase 81% to 111%
On March 5th, Tailong Lighting disclosed the first quarter performance forecast for 2018. The company expects the net profit attributable to shareholders of listed companies from January to March 2018 to be 7,313,100 yuan - 8.317 million yuan, compared with 3.946 million yuan in the same period of the previous year. The growth rate is 80.74%-110.74%.
Tailong Lighting said that during the reporting period, the company continued to promote new product research and development and technological innovation, further increase market development efforts, and various businesses continued to maintain a steady growth trend. On the other hand, the company's non-recurring gains and losses in the first quarter have a greater impact on the company's net profit.
The short side expects the net profit of Q1 in 2018 to rise in the same direction.
The Changfang Group expects to realize a net profit attributable to shareholders of listed companies of 2.8 million yuan to 3.4 million yuan in the first quarter, an increase of 31.26%-59.38% over the same period of the previous year of 2,133,200 yuan.
The Changfang Group said that the main reason for the change in performance was that after the company's Pingshan production base moved to Huizhou Industrial Park, the production cost control continued to be optimized, and the efficiency was improved compared with the same period of last year. In addition, the investment income of this period was compared with that of the same period last year. Increased.
Ganzhao Optoelectronics expects Q1 net profit to increase by -15%-15%
Ganzhao Optoelectronics expects net profit attributable to shareholders of listed companies from January to March 2018 to be 3,533.71 million - 47.8090 million yuan, an increase of -15%-15% over the same period of the previous year.
According to Gan Zhao Optoelectronics, due to the influence of the Spring Festival in 2018, the company's February chip and epitaxial wafer business sales decreased significantly in February last year and is expected to return to normal in March. Therefore, the company expects sales of chips and epitaxial wafers in the first quarter. A slight decrease from the same period last year.
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