The LED industry or the new round of outbreak, the entire industry chain layout will take the lead
Starting from 2016, the LED industry is in a stage of rapid development. The global LED market maintains a rapid growth trend mainly from the explosive growth of indoor general lighting, architectural lighting, landscape lighting, backlights, and outdoor LED large screens. In 2018, with the continuous improvement of the LED boom, the profitability of listed companies in the LED industry ushered in a full recovery, the industry turning point has now. In the next 3-5 years, as the technology matures and costs drop, LED penetration in the general lighting market will further increase, and the continued expansion of applications such as automotive lighting and small-pitch LED displays is expected to usher in a new LED industry. Outbreak. Industry insiders believe that the rapid growth of the industry will drive the increase in demand for LED from production to manufacturing to packaging and the entire industry chain. Enterprises that are actively laying out the entire LED industry chain, such as Hongli Zhihui, BDO Runda, Mulinsen, and Zhaochi Energy, will win More market dividends.led bulb light
LED industry's core financial data improved significantly, industry trends are solid and reliable
Judging from the 2017 annual report of major LED companies and the quarterly report of 2018, all core financial indicators of listed companies showed a clear improvement trend. The core indicators included ROE, revenue scale and growth rate, net profit and growth rate, and gross profit margin. , net profit and operating cash flow. The LED industry's core financial data improved significantly, verifying that the LED industry trend is solid and reliable.led tube light
Among them, Alto Electronics, BDO Runda, and Guangdong Gwah's 1Q18 net profit increased by over 100%. The increase in net profit of Mulinsen and Hongli Zhihui was in the range of 0% to 100%.
Alto Electronics achieved a total operating revenue of 410 million yuan in the first quarter of 2018, an increase of 172.76% year-on-year, mainly due to a year-on-year increase of 192.02% in revenue from LED applications.led flood light
BDO Runda achieved a total revenue of 870 million yuan in the first quarter of 2018, an increase of 2.80% year-on-year; net profit attributable to shareholders of the listed company was 300.47 million yuan, an increase of 103.47% year-on-year, mainly due to an increase in operating profit during the reporting period. The current half of the pre-profit is considerable.
Responding to the competition and intensifying strategy to seize the commanding heights, LED companies have deployed the entire industry chain one after another
In addition to the increase in profit and revenue, BDO Runda, Hongli Zhihui, and Mulinsen are also actively expanding the development of the entire industry chain.led high bay light
BDO Runda began to enter the LED industry in 2009, and established LED R&D bases through the acquisition and integration of companies like Guangdong Jianlongda and NVC Lighting, as well as through its own funds, bank loans, and non-public offering funds. , Formed the "epitaxy and chip - package and module - LED applications (lighting and display) - brand and channel "LED industry chain business structure.led flame bulb
The management of the company stated that BDO Runda will continue to strengthen its R&D capabilities, develop more new products based on the technical characteristics of LED, lead the market with new products, and strengthen cost control and product innovation on the premise of ensuring product quality. The overall competitiveness of products; continue to use the full industry chain, technology, NVC channel advantages, while constantly optimizing the marketing system and increase marketing capabilities, and further increase the market share of products.
Mulinsen is also constantly strengthening the supporting capabilities of the entire industry chain. The upstream strategic alliance LED chip leader, including Australia, Huacan, Crystal, etc., to ensure the safety of chip supply, increase the technical investment in IC packaging and smart manufacturing production center. The downstream continued to vigorously expand the lighting industry, and accelerated the completion of the lighting implementation and distribution of sales outlets in Yiwu and Xinyu.led ceiling light
Ping An Securities said that in 2017, the output value of LED downstream applications in mainland China will reach 531 billion yuan, and the compound growth rate will reach 18.8% in the next three years. In the future, the value chain of LED will gradually shift downstream. With the continuous development and maturity of LED technology, market competition has entered a white-hot stage, and all major LED companies have adjusted their tactics in an effort to obtain a commanding height. "Greater Hengda, Stronger Hengqiang, superior survival of the fittest" is vividly demonstrated in the LED industry. The intensification of competition allows companies to constantly think about their own positioning. In addition to consolidating their competitive position in the LED market, they also actively expand the industrial chain and accelerate the integration of resources, striving to achieve the optimization of the upstream and downstream industrial chain has become a new trend!
Dalian Xinghai Technology Co., Ltd.