Jingdian, Ronda Q3 profit, Guangbao Branch's revenue in October fell slightly

Recently, Taiwan LED Factory Jingdian, Longda and Guangbao Branch successively announced earnings reports, among which, Jingdian and Ronda Q3 profited, while Guangbao's revenue in October decreased year-on-year. Recently, Taiwan LED Factory Jingdian, Longda and Guangbao Branch successively announced earnings reports, among which, Jingdian and Ronda Q3 profited, while Guangbao's revenue in October decreased year-on-year. Jingdian announced its third-quarter profit, with a single-season EPS of 0.75 yuan (NTD, the same below), surpassing the entire first half of the profit, accumulating the first three quarters of this year, the EPS reached 1.18 yuan, better than market expectations. Looking forward to the medium and long-term, the company also has a variety of topics such as Mini LED backlight, Mini LED small-pitch display, and mass production of Micro LED. Therefore, on Friday, Jingdian did not fear the major shareholder’s plan to release the stock price shock. The trend closed up by 2.28%, with a revenue of 58.3 yuan, which was quite unexpected. Jingdian and Hongli established a four-year car purchase wafer purchase contract. At the same time, Jingdian and Hongli will also carry out other business cooperation. With the expansion of the land-based LED packaging factory, Jingdian, an independent chip supplier, is still a beneficiary. Ronda's consolidated revenue for the third quarter was 3.167 billion yuan, up 4.4% from the previous quarter, and its operating margin was 15.5%, an increase of 3.5 percentage points over the same period last year. In the third quarter, the combined net profit after tax was 42 million yuan, and the net profit margin was 1.3%, which was 2.2 percentage points higher than the same period of last year, and the net profit per share was 0.08 yuan. Ronda’s revenue for the first three quarters of this year was 9.342 billion yuan, down 10.6% from the same period of last year. The net profit after tax for the first three quarters was 91 million yuan. Compared with the loss of 173 million yuan in the same period of last year, the performance improved significantly. The first three quarters of net profit per share was 0.17 yuan. . Ronda said that the third quarter revenue growth momentum is mainly from the backlight application, continue to cultivate high-end technology to maintain market competitiveness, lighting applications to adjust product mix and optimize design to maintain profitability, and to add value to the custom model Group and integrated lighting development. Ronda continues to develop new technologies and new products. At present, a number of new technologies have been closely cooperated with customers, including IR LEDs for backlight applications, automotive lighting and applications, face recognition, iris recognition, and large touch screen IR modules. It is expected that the proportion of new product revenue will gradually increase in the future. In terms of future operations, in the third quarter of this year, the new plant in Longzhou, Anhui Province, has started construction. In the future, downstream lighting assembly and partial packaging capacity will be moved to the new plant. The plant is expected to be put into operation before the end of next year. In addition, the MOCVD machine equipment will be based on the Suzhou plant and the Hsinchu plant in Taiwan. Hsinchu Plant will also be responsible for high-end product production and new product development. Guangbao Branch announced on October 10 that the global consolidated revenue for October was 17.636 billion yuan, down 11% month-on-month and 14% year-on-year. Due to the generally stable demand in the core business terminal market, Guangbao Branch consolidated revenue from January to October this year was RMB 178.03 billion, down 4.7% year-on-year. Guangbao pointed out that its photovoltaic products division accounted for 21% of the total revenue in October; among them, the demand for invisible LEDs continued to grow, the market share of LED components expanded, the LED lighting for vehicles was smooth, and the LED streetlights in the Middle East market expanded. Driven by this, the overall LED related products revenue increased by nearly 20%. Guangbao also pointed out that the information product division accounted for 56% of the revenue; among them, cloud computing high-end server, Netcom equipment power management system and AI smart home equipment power product shipment growth, the power business October revenue year More than 10% increased, while the storage device division accounted for 16% of overall revenue.

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