LED chip giant crystal in the first quarter this year because of his inheritance XuKui, month is deficient, the lead to quarterly loss per share 1.54 yuan (nt $, the same below). Expected the second quarter in integrating resources, strengthen the four yuan LED production, and adjust the LED order combination blu-ray, quarterly profit margins have the opportunity to turn positive, overall profit and loss performance may improve. The equity capital of 10.998 billion yuan, net worth about $48 a share.
Crystal electricity for LED epitaxial/chip companies, products applied to the panel back light source, lighting, LED billboards, automotive lighting and other niche market. Plant distribution Yu Xinzhu, miaoli county, tainan, changzhou, shenzhen, xiamen and other regions and mainland China. About 2, the current TV backlight illumination about 3-4, about 2 into consumer electronics, display the about 10% - 10%, backlight within about 1 into your laptop/monitor.
Among them, 4 yuan/red light LED and infrared products as one of the main extension projects this year, about 25% of the total revenue, about 1 as used for auto lighting (including interior lighting and rear lamp), increase to 13% of the total target this year to 13%. Infrared products will accelerate cut industrial testing equipment, with commercial intelligent lighting system into innovative applications.
Although in the first quarter of 2016 continuing losses, however, after the company actively integrating the resource of production, including the stagnation of less productive efficiency of the machine production, strengthen the four yuan LED production, adjust the blue leds order combination, etc., as a legal person assessment in the second quarter gross margin has a chance to turn positive, profit and loss conditions may also be improved. But subsequent performance to observe.
Crystal electric first-quarter revenue of about 6.058 billion yuan in 2016, JiZeng decrease about 2.4%, about 8.85%, gross loss rate was 7.34%, compared with the previous quarter, but three consecutive quarter gross margin was negative. Operating loss of 1.438 billion yuan, 4 consecutive quarter of losses, loss of 1.64 billion yuan after tax, loss per share 1.54 yuan.
In April this year revenue rose to 2.292 billion yuan, increasing 2.65%, minus 11.27%, total revenue of about 8.349 billion yuan, 4 months before year minus 9.52%. Forecast second-quarter revenue may be better than last season.
