Energy Subsidies Enter Into The End

Data: 2014-01-02

As an energy subsidy policy on the continent into the end , and LED backlight penetration approaching saturation led chip production capacity oversupply , LED industry -quarter earnings on lower fat lean on the upstream chip factory fully paid out five losses earnings, and packaging factory was generally superior chip factory , billion light -quarter profit on a nine- quarter high , the former three -quarter profit and earnings per share both foremost . LED chip is still in oversupply stage , ASP and enduringly , Epistar forecast to next year in the second quarter saw a chance to balance supply and demand , more falls on the mainland in the third quarter ending energy subsidies , the impact on the chip factory quarter earnings performance , the grain power, Formosa Epitaxy , Ding Yuan , China , the new century, such as chip factory fully into the red.From the gross margin perspective, Formosa Epitaxy , China on gross loss rate of 2068% , 6035% , Formosa Epitaxy loss of 43.5 billion yuan single-season ( NT , the same below ) , net loss per share for 091 yuan , the cumulative first three quarters loss of 90.1 billion yuan , 189 yuan net loss per share ; China is due on consolidation period , resulting in loss of the previous quarter, 7,633 yuan, the cumulative loss of 31.6 billion yuan the first three quarters , net loss per share for 117 yuan .More than the previous quarter due Epistar recognized loss of 300 million yuan of financial liabilities , resulting in earnings from profit to loss , the cumulative first three quarters only a small profit 01.4 billion yuan , 002 yuan net income per share is earnings in the first three quarters the only profitable chip factory , also ahead of the 1609% profit margin all chip factory . LED packaging factory performance is probably better than the chip factory , which Everlight profit 49.7 billion yuan for the previous quarter , profit- quarter growth rate of 294% , annual rate as high as 102% , in addition to LED lighting penetration slowly push up the in addition, beginning billion light lamp standard case revenue is recognized , the German lighting plant WOFI revenue , making massive revenues go up, as the main reason for the first three quarters of this year 's performance , profit up 110.3 billion yuan billion light , has been far more than last year profit per share, net income reached 263 yuan , also topped the industry of the crown.

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