LED product price increase crystal power Q3 revenue turn profit

However, due to the impact of non-operating losses, the net profit attributable to owners of the parent company is only about 3 million yuan. In the first three quarters of the year, the company still lost 3.18 yuan per share. In the fourth quarter, the backlight kinetic energy will be weakened, but the orders for Blu-ray and red LEDs are still supported. It is expected that the fourth quarter revenue may cool down, but the temporary estimate is limited. LED chip makers in the third quarter of this year, due to the increase in the rate of production and the price increase of some products, the gross profit margin was turned to 13.69%, and the profit in the single quarter was 190 million yuan (NTD, the same below). However, due to the impact of non-operating losses, the net profit attributable to owners of the parent company is only about 3 million yuan. In the first three quarters of the year, the company still lost 3.18 yuan per share. In the fourth quarter, the backlight kinetic energy will be weakened, but the orders for Blu-ray and red LEDs are still supported. It is expected that the fourth quarter revenue may cool down, but the temporary estimate is limited. Jingdian is a LED epitaxial/chip manufacturer, which is used in panel backlights, lighting, LED signage, automotive lighting and other niche markets. The factories are located in Hsinchu, Miaoli and Tainan, as well as in Changzhou, Shenzhen and Xiamen in mainland China. Mainly used in TV backlighting, lighting, consumer electronics, displays, notebook / monitor backlight. This year's key products include CSP unpackaged chips, quaternary/red LEDs, infrared products and more. After the company's internal capacity equipment adjustment, product mix optimization, and market demand rebounded, some LED die product prices rebounded, the second quarter of this year, the gross profit margin turned positive, the industry's losses decreased, but due to industry recognition of asset impairment and investment losses, As a result, the after-tax losses continued to deteriorate. In the third quarter, due to the increase in the utilization rate and the price increase of some products, the single-quarter revenue increased slightly from the previous quarter, the gross profit margin was reversed to more than 13%, and the industry turned profit. However, the loss of the industry continued, resulting in a meager profit in a single season.

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