Taiju Optoelectronics Q3 has grown more than 14% against the trend, making the parent company Yuefeng Q3 significantly better than last season.
In the third quarter of Yuefeng, the combined revenue was 762 million yuan (NTD, the same below), although it fell 4.27% from the 796 million in the second quarter, but Yuefeng’s main profit source subsidiary Taiju Optoelectronics, single-quarter revenue The contrarian growth of 14.33% is expected to make the profitability of Yuefeng's third quarter significantly better than the second season.
The Yuefeng parent company is mainly a manufacturer of passive component inductor core products. Under the unsatisfactory market conditions of the electronic consumer industry, the passive component operation season is not prosperous, and the third quarter revenue declines against the trend. In the third quarter of Yuefeng, the passive components related to the Taiwan parent company and the Kunshan and Guangzhou plants totaled 543 million yuan, down 9.35% from the 599 million yuan in the second quarter.
However, because the passive component of the parent company of the company is not a profit source, and even on the edge of profit and loss every year, the revenue decline of passive components has little effect on profit. On the contrary, the company's main profit channel, Taiju Optoelectronics, has become the main source of profit for Yuefeng due to its better gross profit margin. In particular, in the third quarter of this year, LED market conditions turned better. Taiju Optoelectronics' single-season revenue reached 219 million yuan, up 14.33% from the 192 million yuan in the second quarter. It is expected that the profit of the third season of Yuefeng will follow. Go up.
The peak gross profit margin of Yuefeng in the second quarter of this year has rebounded to 17.29%, which is better than the 15.71% in the first quarter. In the third quarter, the revenue of Taiji Optoelectronics is expected to increase.
As for the fourth season, Yuefeng said frankly that the fourth season was originally the industry's traditional off-season. The order visibility of passive component products was not high, and the market demand was also flat. It is estimated that the related product revenue will be slightly smaller than the third quarter. Downside; while Taiju Optoelectronics, the company's order visibility is currently about 1-2 months, and the fourth quarter's revenue estimate will not rise.
For the production capacity of Taiju Optoelectronics, Yuefeng said that because the market demand for LED is not hot this year, the price of sapphire single crystal is hard to rise, so the company has not continued to expand production this year. The production capacity is maintained at 45 to 500,000 mm (mm).
The Yuefeng parent company is mainly a manufacturer of passive component inductor core products. Under the unsatisfactory market conditions of the electronic consumer industry, the passive component operation season is not prosperous, and the third quarter revenue declines against the trend. In the third quarter of Yuefeng, the passive components related to the Taiwan parent company and the Kunshan and Guangzhou plants totaled 543 million yuan, down 9.35% from the 599 million yuan in the second quarter.
However, because the passive component of the parent company of the company is not a profit source, and even on the edge of profit and loss every year, the revenue decline of passive components has little effect on profit. On the contrary, the company's main profit channel, Taiju Optoelectronics, has become the main source of profit for Yuefeng due to its better gross profit margin. In particular, in the third quarter of this year, LED market conditions turned better. Taiju Optoelectronics' single-season revenue reached 219 million yuan, up 14.33% from the 192 million yuan in the second quarter. It is expected that the profit of the third season of Yuefeng will follow. Go up.
The peak gross profit margin of Yuefeng in the second quarter of this year has rebounded to 17.29%, which is better than the 15.71% in the first quarter. In the third quarter, the revenue of Taiji Optoelectronics is expected to increase.
As for the fourth season, Yuefeng said frankly that the fourth season was originally the industry's traditional off-season. The order visibility of passive component products was not high, and the market demand was also flat. It is estimated that the related product revenue will be slightly smaller than the third quarter. Downside; while Taiju Optoelectronics, the company's order visibility is currently about 1-2 months, and the fourth quarter's revenue estimate will not rise.
For the production capacity of Taiju Optoelectronics, Yuefeng said that because the market demand for LED is not hot this year, the price of sapphire single crystal is hard to rise, so the company has not continued to expand production this year. The production capacity is maintained at 45 to 500,000 mm (mm).
Double Sided Pcb,Double-Layer Circuit Boards,Double-Layer Pcb Circuit Board,Double Sided Circuit Board
Shenzheng Weifu Circuit Technology Co.Ld , https://www.wfcircuit.com