First Batch Of LED And Lighting Listed Companies'performance Forecast In 2018

- Jan 16, 2019-

After New Year's Day, it entered the whole year's performance forecast disclosure period of 2018. According to statistics, four LED and lighting related enterprises have announced last year's performance overview. Overall, the net profit of Guangpu Stock, Mingjiahui, Ibison and other three companies increased year-on-year. Among them, the net profit of Sanxiong Aurora declined year-on-year due to the increase of market and marketing investment and the buoyancy of upstream raw material prices. Regarding the new third board, Reiter Technologies also announced its 2008 performance report, with net profit increasing by 32.28% year on year.——LED lighting


Guangpu shares are expected to make a profit of 120 million yuan in 2018, up 130% from a year earlier.


On Jan. 7, Guangpu Stock Daily issued a performance forecast for 2018, with a net profit of up to 120 million yuan, an increase of 130% over the same period last year.——LED lighting


The announcement shows that from January 1, 2018 to December 31, 2018, the net profit attributable to shareholders of listed companies ranged from 105 million yuan to 120 million yuan, an increase of 100% to 130% over the same period last year. During the reporting period, it is estimated that the impact of non-recurrent gains and losses on net profit is about 5.2 million yuan, mainly due to changes in fair value, gains and losses of foreign exchange derivatives and government subsidies.——LED lighting


It is understood that in 2018, the company continued to deepen the development in the field of LED and FPC subdivision application, and actively expand the application of Intelligent Federation of Things hardware in the field of big health and consumption. With the gradual landing of the company's early strategy, the company's further optimization of management, sales revenue and profits of the company's LED-related business and FPC business are growing rapidly.——LED lighting


Sanxiong Aurora expects net profit to fall 25% to 35% year-on-year in 2018.


On January 10, Sanxiong Aurora issued a performance forecast. The company expects that the net profit of shareholders belonging to listed companies will be 166 million to 192 million in January-December 2018, changing from - 35.00% to - 25.00% year-on-year, and the average net profit growth rate of optoelectronics industry will be 0.90%.——LED lighting


The company made the forecasting based on the following reasons: 1. During the reporting period, the company increased its investment in market development and marketing, and its sales revenue increased slightly over the same period of last year; meanwhile, the marketing promotion and related sales expenses also increased significantly over the same period, and the growth rate was higher than the growth rate of sales revenue. 2. During the reporting period, the gross profit margin of the company's products declined year on year due to the intensification of market competition and the rising prices of some upstream raw materials. 3. It is estimated that the impact of non-recurring profits and losses on net profit in 2018 will be about 64 million yuan, mainly including government subsidies and temporary idle funds entrusted revenue.——LED lighting


Mingjiahui expects net profit to grow 79% to 96% year-on-year in 2018.


On Jan. 10, Mingjiahui issued a performance forecast. The net profit of shareholders belonging to listed companies is estimated to be 310 million to 341 million from January to December 2018, which is 78.51% to 96.36% year-on-year. The average net profit growth rate of construction and decoration industry is 10.38%.——LED lighting


The company makes the forecasting based on the following reasons: (1) the development situation of the company's industry continues to improve, and the urban landscape lighting industry ushers in the "blowout" period; (2) the large-scale events in the city provide a catalyst for the sustainable development of landscape lighting, and in 2018 the company won the tender for lighting projects in Shenzhen, Qingdao and other areas; (3) in 2016, the non-public issuance of shares was completed in May 2018. OK, after the collection of funds arrived in April 2018, the company's operating funds can be fully guaranteed, the company's brand influence formed by relying on the integration of construction, design and production as well as many large and medium-sized engineering cases has been further expanded, and the company's core competitiveness has been continuously enhanced; (4) The company merged Zhejiang Yongji Lighting Engineering Co., Ltd. (hereinafter referred to as "Yongji Lighting") in 2018 with 55% equity. As a result, the company merged its financial statements of Yongqiu Lighting in May 2018. From January to December 2018, the company estimates that the impact of non-recurring gains and losses on the net profit attributable to shareholders of listed companies is about - 16 million yuan.——LED lighting


Ibison expects profits to rise by 122% to 142% year-on-year in 2018.


Jan. 12, Ibison recently issued a performance forecast for 2018, with net profit expected to reach 257 million yuan, up 142% from the same period last year.——LED lighting


The announcement shows that from January 1, 2018 to December 31, 2018, the net profit attributable to shareholders of listed companies was 235 million yuan to 257 million yuan, an increase of 122% - 142% over the same period last year.——LED lighting


It is understood that the main reasons for the growth of net profit attributable to shareholders of listed companies are as follows: during the reporting period, the company's orders and operating income have achieved rapid growth; and under the influence of the appreciation of the U.S. dollar, exchange earnings have increased.——LED lighting


The company estimates that the amount of non-recurring profit and loss will affect net profit of about 9.93 million yuan, mainly for the receipt of government subsidies.——LED lighting


The net profit of Reiter Technologies, a new third-board LED company, increased by nearly 30% in 2018.


On January 11, Reiter Technologies of New Third Board LED Company issued a performance report for 2018. According to preliminary accounting, during the reporting period, the company realized business income of 762.415 million yuan, an increase of 6.96% over the same period last year; business profit of 24.8031 million yuan, an increase of 32.28% over the same period last year; net profit of shareholders belonging to listed companies was 21.25 million yuan, an increase of 29.84% over the same period last year; basic earnings per share was 0.64 yuan, an increase of 29.84% over the same period last year. During the same period, the growth rate was 30.61%.——LED lighting


Reiter Technologies said that during the reporting period, the company's financial indicators increased significantly because the company steadily promoted various businesses, resulting in increased business income and profits, while the dollar appreciation exchange earnings, increased government subsidies led to increased profits.——LED lighting


Jingdian, Lunda, Guangbao, Liqing Dec. and 2018 Annual Revenue


Recently, Taiwanese LED companies have announced their revenue for the whole year in 2018. Except for Liqing Automobile Lamp Factory, the dividend of the beneficiary car lamp market increased by 7.5%, the revenue of Jingdian, Longda and Guangbao declined. Since the rise of mainland LED enterprises, the development of Taiwan LED enterprises has not been satisfactory in recent years.——LED lighting


On January 7, Crystal Telecom announced its revenue in December and 2018. Jingdian's combined revenue in December of last year was 1.19 billion yuan (NT$1.23 billion), a monthly decrease of 12.33% and an annual decrease of 42.02%. In the fourth quarter, its combined revenue was 4.236 billion yuan, a quarterly decrease of 23.41% and an annual decrease of 28.65%. Last year's total revenue was 20.327 billion yuan, an annual decrease of 19.88%.——LED lighting


Since the fourth quarter of last year, Crystal Telecom has been affected by the traditional off-season factors. Its revenue has been greatly reduced. In December, Crystal Telecom is also facing the factor of seasonal bottom inventory, which makes its customers'pulling momentum more conservative and its revenue recessionary compared with November. Looking forward to this season, Jingdian points out that the visibility of blue and red light demand is not high at present. From the client's point of view, the demand rebound may take place after the Lunar New Year, and it will be clearer in March.——LED lighting


On January 7, Lunda announced revenue for December and 2018. Longda's combined revenue in December last year was 715 million yuan, 13.12% monthly and 17.32% annually; in the fourth quarter, it was 2.418 billion yuan, 19.59% quarterly and 10.38% annually; and in the whole year, it was 11.155 billion yuan, an annual decrease of 81.17%.——LED lighting


Lunda said that because of the traditional off-season at the end of the year, which reduced revenue by more than 13% per month, it accelerated the processing of poor-profitable lighting products business last year to maintain the company's overall profits, so the annual revenue fell compared with 2017.——LED lighting


On January 10, Guangbao announced its revenue in December and the whole year of 2018. In December, Guangbao's global merged parent-subsidiary company's revenue was 16.14 billion yuan (note: NT$, the same below), excluding the transferred mobile camera module business, which decreased by 4% monthly and 5% annually. Although the whole year's revenue was affected by the sale of mobile camera module business, it still maintained the 200 billion yuan mark, reaching 207.1 billion yuan, which decreased by 349% annually.——LED lighting


In terms of various departments, the information products sector accounted for 66% of Guangbao's revenue in December; the photoelectric sector accounted for 14% of the total revenue, of which the invisible LED components and LED vehicle lighting shipments continued to grow; and the storage device sector accounted for 16% of the total revenue, thanks to the growth of market demand for cloud applications, the storage device sector continued to grow.——LED lighting


On January 10, Liqing announced its revenue for December and the whole year of 2018. Liqing's combined revenue in December was 427 million yuan, a monthly increase of 4.76%, the second highest in 2018; the combined revenue in the fourth quarter of 2018 was 1.24 billion yuan, a quarterly increase of 15.15%, simultaneously rewriting the new record of single-quarter revenue in 2018; the total combined revenue in the whole year of 2018 was 4.402 billion yuan, an annual increase of 750%.——LED lighting

Liqing said that the fourth quarter of 2018 revenue increased by 15.15%, mainly due to the main customers in the traditional peak season of the automotive industry, the overall reserve capacity significantly warmed up. Liqing also pointed out that due to trade frictions between China and the United States and uncertainties in consumer confidence, new car sales in mainland China were affected, resulting in the company's revenue in December 2018 and the fourth quarter showing an annual decline. However, although the mainland car market declined in 2018, its market share has been divided by German, Japanese and Korean brand car manufacturers. Liqing has actively established close cooperation with major global first-class (Tier1) car light manufacturers including Huayu Visual Technology, Damao Weiruiko and Guangzhou Xiaoshi since 2017. In 2018, the overall revenue from joint-venture brand car manufacturers accounted for 70% of the total revenue. The sharp increase of 52% in 2017 is the key to contribute 7.50% of Liqing's annual revenue to the negative trend of last year's revenue.——LED lighting