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China LED Lighting Needs Are Warming
Date: 2014-01-02

While LED is driven by declined prices LED grain, besides,currently in the Chinese mainland market demand for LED lighting warming under market conditions, related to the production of good heat sink total Societe Generale (5355-TW), Chairman, ZENG Ji Li pointed out that the best estimate of total overall in 2013 at third quarter results still show an upward pattern.Although good total shipments on the heat plate is divided into LCD backlighting applications and LED lighting applications two areas, but still focusing mainly on the LCD backlighting applications, however, Tsang Kai Li pointed out that the total lighting applications use good heat sink from the beginning of 2013 so far has grown 100 percent shipment share.Meanwhile, following the legislation had on the current orders of enthusiasm analysis, such as the market continued to heat up in accordance with the current situation, to the end of this year the proportion of shipments also grew 100 percent longer than it is now, estimated to 2013 accounted for lighting applications use cooling plate good proportion of total revenue will rise to 15%.Best overall in 2013 off-season in the second quarter, revenues of 121 million yuan in April, May revenue 124 million yuan, while the June revenues and higher in May amounted to 132 million yuan, and the formation of the battalion second quarter higher monthly income situation in the second quarter revenue reached 377 million yuan level.ZENG Ji Li pointed out that the analysis of market trading conditions, currently in mainland China LED lighting market demand warming trend, but relative because China mainland government subsidies for the purchase of energy-efficient LCDTV canceled, resulting in the weakening of the market to melt, but also formed for Best total cooling plate backlight LCDTV shipments may be adversely affected, but overall, the estimated total overall good in the third quarter 2013 results still showing upward pattern. Meanwhile, the best total in the first quarter 2013 revenue of 412 million yuan earnings, gross margin 25.15%, pre-tax profit 83 million yuan, 75.72 million yuan net profit, earnings per share 0.47 yuan; For the first two quarters profit status, since the revenue than the first quarter of the reduction in the scale of operations under the gross margin decline will result, but will remain in a single quarter gross margin above 20% level.Best overall in the second quarter of 2013 would have sold the old plant in Taoyuan gain on disposal of 22 million yuan accounted inject, contributed 0.14 yuan per share; estimates of its business in the second quarter of the season's earnings per share are expected to stand at 0.4 yuan level.

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