Benefited from the quaternary LED order to return to the crystal Q2 is expected to turn

It is reported that the second quarter of Jingdian's consolidated revenue reached 6.068 billion yuan (NTD, the same below), although the backlight order of Blu-ray LEDs in June was weakened by the inventory, but benefited from the quaternary LED order return, slightly better than the legal person expected. Jingdian pointed out that in terms of revenue in the second quarter, there is a chance to turn profit, but it has not yet settled profit.

The legal person estimates that the capacity utilization rate of Jingdian will increase in the second quarter. In addition, the gross profit margin will double in the product mix. Based on the first quarter gross profit margin of 6.3%, it is estimated that the gross profit margin of the second quarter will be between 15 ~18%, see 0.45 yuan on EPS.

Zhang Shixian, vice president of Jingdian, observed that the second quarter of this year's revenue performance mainly came from backlight products. In terms of shipments in June, there was 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 maintained at 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.

For the third quarter of the peak season, Jing Bing Chairman Li Bingjie has predicted that the third quarter of the season with the mainland energy-saving benefits subsidy policy expired at the end of May, some of the goods have been reflected in the second quarter in advance, I am afraid will affect the third The growth rate of the season. However, the results of the crystal lighting in the show will drive the continued growth of the third quarter.

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