In the first three quarters of the year, most LED listed companies have a gratifying situation of increasing revenue and increasing profits. The reasons are as follows: 1) Listed companies rely on capital, scale, technology and other advantages, order growth is much higher than the industry, cost control is better than peers; 2) Listed companies rapidly increase their scale and profits through means of extensional expansion; 3) the price decline trend slows down, and even some products rise.
The small and medium-sized enterprise LED enterprises are another scene. In 2016, the prices of raw materials, chips and lamp beads showed a rising trend, which made many companies whose original prices are close to the cost red line very uncomfortable.
For example, in the small and medium-sized lighting enterprises listed on the New Third Board, there were 55 revenue growth of 75 listed LED lighting application companies in the first half of the year, with an average growth rate of nearly 60%. However, there are still 35 companies with a net profit decline, accounting for nearly five. to make.
The overseas market has always been an important market for the LED industry, and since 2016, the export market has been sluggish.
According to the statistics of the High-tech Research Institute LED Research Institute (GGII), the export value of China's LED indoor lighting in the first half of 2016 was 45.79 billion yuan, the first time it fell 2.1% year-on-year.
All major products, LED lamps, bulbs, downlights, panel lamps, exports exceeded RMB 6 billion. Among them, the export scale of lamps, bulbs, ceiling lamps and other products showed a negative growth.
At the same time, LED industry technology innovations emerge one after another, LED vehicles / marine lights, special street lamps, smart home lighting, transparent fluorescent ceramic materials, OLED and other new technologies, new products are widely used in the LED industry.
The "new" normality of the LED industry is that the strong and strong, the export market declines, and the application of new technologies emerges endlessly.
So under such a situation, how does capital stir the LED industry? How do SMEs find a way out? How is the domestic market laid out? How can technological innovation avoid screaming?
On November 11, 2016, Dongguan Guanlan Lake, 2017 Industry “New†Opportunity Forum, Senior Industrial Research Institute (GGII) LED Senior Analyst will answer your questions and help you grasp the future direction, opportunities and risks of LED industry development. To thank you for your continued attention and support to high-yield research.
About high-yield research
Shenzhen Gaogong Industry Research Co., Ltd. specializes in national strategic emerging industries such as lithium batteries, electric vehicles, robots, LEDs, and new materials. It integrates research, consulting, investment conferences and media to provide enterprises, financial institutions and governments. Orientation integration service.
GGII, relying on the advantages of the industrial service platform, adhering to the concept of “independence, arbitrariness, loneliness, and uniquenessâ€, it conducts on-site research on more than 1,000 companies every year, and establishes a real-life, authoritative and well-documented emerging industry database and unique Industrial data analysis model and established a wide range of domestic and international business relationships in emerging industries.
The Industrial Engineering Research Institute (GGII) publishes more than 200 industry reports to industry and government every year. It has long been a well-known domestic and foreign companies such as BASF, SAIC, Philips, Osram, Goldman Sachs, Roland Berger, Shenyin Wanguo, and China Merchants Securities. Financial institutions and research institutions provide personalized research reports.
Forum agenda:
Invited LED companies:
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