Crystal Power executives have previously said that LED lighting demand will increase by three times this year. With the LED backlight market turning weak, LED lighting will be successful in the second half of the year. Foreign capital Lyon Securities is therefore optimistic that the final gross profit margin of Jingdian will grow, reiterating buying, and letting Jingdian become a counter-trend on Friday.
In the second quarter of Jingdian, the combined revenue was NT$6.067 billion (the same below), and the quarterly increase was as high as 40%. It was greatly optimistic about the chances of turning the profit by the legal person. Although the ex-dividend performance on Thursday was flat, the Taiwan stock market fell sharply last Friday. At the same time, the crystal power station oscillated above the steady level, and the final price rose by 0.97. The closing price was 52.2 yuan, and the three major legal entities bought 1,517.
The legal person estimates that in the second quarter of the company, due to the increase in capacity utilization and product mix optimization, the gross profit margin will double. According to the company's first quarter gross profit margin of 6.3, the second quarter gross margin will reach between 15 and 18. , see 0.45 yuan on the single season EPS.
Among the crystal power subscription warrants, the notable targets are Zhaofeng EC, Fubon LM and KGI BS, which are the warrants with a large volume on Friday, and there are still more than three months from the expiration date.
Looking forward to the third quarter, Jingdian executives believe that the LED industry's third-quarter revenue growth trend is still there, but with the China's energy-saving benefits subsidy policy expired at the end of May, I am afraid it will affect the third quarter peak season growth.
Jingdian executives pointed out that the second quarter revenue performance mainly comes from backlight products. In terms of shipments in June, there is no special decline in the performance of backlight products. In the third quarter, Zhang Shixian said that the current blue LED capacity utilization rate is still 90%, and the four-element LED is also over 80%. It is expected that there will still be peak season performance in the third quarter. Among them, the growth of lighting products will be more than that in the second quarter. Obviously, as for the backlight, it is still waiting for August to observe the turmoil of the mainland's eleven long holidays.
In addition, observing the Chinese LED market on the opposite side, the LED lighting market has also turned hot, driving the MOCVD machines of leading companies such as Sanan and Dehao Runda to rebound. The LED industry is booming in the third quarter, and the lighting market takes off. Will be the focus.
We started to manufacture Lighting Pole from 2001 and exported from 2003. We got CE certificate for Lighting pole from 2015.
Our firm introduced whole set of good-sized numerical control hydraulic folding equipment(1280/16000) as well as equipped with a series of good-sized professional equipments of armor plate-flatted machine, lengthways cut machine, numerical control cut machine, auto-closed up machine, auto-arc-weld machine, hydraulic redressing straight machine, etc. The firm produces all sorts of conical, pyramidal, cylindrical steel poles with production range of dia 50mm-2250mm, thickness 1mm-25mm, once taking shape 16000mm long, and large-scale steel components. The firm also is equipped with a multicolor-spayed pipelining. At the meantime, for better service to the clients, our firm founded a branch com. The Yixing Jinlei Lighting Installation Com, which offers clients a succession of service from design to manufacture and fixing.
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Jiangsu Xinjinlei Steel Industry Co., Ltd. , https://www.jinleisteeltower.com