LED lighting prices bottoming demand upwards

Prices have been relatively low. Last year's three quarterly reports showed that the gross profit margin of LED-related companies such as Qinshang Optoelectronics declined almost from 2012. For example, the gross profit margin of the third quarter of 2013, such as Ganzhao Optoelectronics and Lehman Optoelectronics, dropped by about 5-7 percentage points, and Qinshang Optoelectronics also dropped by 4%.
Qinshang Optoelectronics Secretary secretly admitted to the reporter that the current LED lighting companies do have a problem of lower net profit growth than revenue growth, which is mainly caused by price declines. For example, the price of upstream chips has dropped very sharply. In the past few years, it has dropped 70-80.
However, Duan Casting said that the current price decline of LED lighting products has entered a stable period, mainly due to the maturity of technology, the price has been relatively low, and some have also raised. It is expected that the growth rate of net profit will go up this year, but there is no increase in sales revenue.
The reporter saw at the IKEA Nanjing Mall last weekend that the LED spherical lamp sold for 39 yuan, which is close to the price of some spiral energy-saving lamps.
Duan Casting said that the price drop is not only the number of enterprises in the industry, but also the market competition, and more is caused by technological progress. This requires two sides to look at, which may affect profits, lower the promotion threshold, and speed up application.
Application market growth determines that Duan Casting revealed that the current industry and research institutions have agreed that the trend of LED as a third-generation light source has been completely determined. Many research institutions have acknowledged that there is a misjudgment that LED growth is not so high in the early stage. Our main business income has increased by 30% to 40% since the first quarter of last year.
It is worth noting that the organization has been conducting intensive research on LED related companies at the beginning of the year. Guoxing Optoelectronics [0.00 Fund Research Report], Ganzhao Optoelectronics, Xingyu Shares [0.00 Fund Research Report] and other intensive research in February, star private equity Zexi also appeared in the survey, these companies' production capacity, new projects in 2014 Both have received attention.
Zheshang Securities electronic components researcher Zhou Xiaofeng also said yesterday that the organization is generally optimistic about the growth of the LED lighting industry, that the penetration rate has entered a sharp rise in 2014.
In 2014, the global demand for LED bulb bulbs and lamps increased by more than 80%, and high growth was confirmed. LED lighting applications are driving the market from public lighting, to the demand for commercial industrial applications, and even to the home market.
From Xingyu shares, you can see a glimpse of the growth of the commercial market. Xingyu shares Dongshou Huang Hefa expects that by 2016-2017, 70-80 car lights will use LED lights. And in the current order, the car taillights are basically LED lights.
Huang Hefa said that in order to cope with the trend of LED lighting of automobile lights, the company's annual output of 500,000 sets of LED headlights will be completed and put into production in June this year.
In the downstream market, the retail terminal will be the largest market, and the stamina is stronger than the application market such as business. Because users and other users have a huge replacement market, there may be a trillion scale. Duan Zhu revealed that at 11 o'clock last year, we learned that the sales volume of some LED lighting e-commerce for home retailing has grown very large, reaching several hundred percent.
In 2014, the global demand for LED bulb bulbs and lamps increased by more than 80%, and high growth was confirmed. LED lighting applications are driving the market from public lighting, to the demand for commercial industrial applications, and even to the home market.
From Xingyu shares, you can see a glimpse of the growth of the commercial market. Xingyu shares Dongshou Huang Hefa expects that by 2016-2017, 70-80 car lights will use LED lights. And in the current order, the car taillights are basically LED lights.
Huang Hefa said that in order to cope with the trend of LED lighting of automobile lights, the company's annual output of 500,000 sets of LED headlights will be completed and put into production in June this year.
In the downstream market, the retail terminal will be the largest market, and the stamina is stronger than the application market such as business. Because users and other users have a huge replacement market, there may be a trillion scale. Duan Zhu revealed that at 11 o'clock last year, we learned that the sales volume of some LED lighting e-commerce for home retailing has grown very large, reaching several hundred percent.

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