LED display listed company's performance is not red, will be closed down?

LED listed companies have successively disclosed the results report of the 2012 third quarterly report. Looking at the performance report released by the domestic LED display listed companies, there are four LED display companies listed in the July-September period with a total operating income of more than 100 million yuan. Extension Display, Chau Ming Technology, Liard Optoelectronics, and Lianjian Optoelectronics, among which Lehman Optoelectronics has a growth rate of 39.21%, and Ruituo shows a year-on-year growth rate of 37.68%; in January-September 2012, there were two total operating incomes exceeding 400 million yuan. Home, respectively, Rui Tuo Display, Chau Ming Technology. Among them, Ruituo showed a year-on-year growth rate of 36.88%. See the table below:

2012 January to September China LED display performance of listed companies revenue list


In 2012, China's LED display industry can be described as fiercely competitive, and enterprises that cannot withstand the test of the market frequently pass the bad news. Following the suspension of production in 2011, Duo Duoli, Bolunte Optoelectronics, and this year's vision photoelectric shutdown, Shenzhen Haobo Optoelectronics Co., Ltd. has been in arrears with huge suppliers and wages and commissions.

According to the monitoring data of the High-tech LED Industry Research Institute (GLII), there are more than 50 LED display companies with a domestic scale of more than 100 million yuan. In the first half of this year alone, there were more than 200 LED display companies in China. GLII believes that many SMEs struggling on the edge of life and death have finally fallen, and the rest of them are either transforming LED lighting or continuing to struggle.

"High-tech LED" reporter has conducted in-depth investigations on the status quo and dilemma of domestic LED display enterprises. The article deeply analyzes the capital chain dilemma, price war, channels to be solved, etc. of the entire LED display industry in China, and also analyzes several The root cause of the downturn of LED display companies and how companies should avoid being shuffled. ( See >> :http://).

"The collapse of the tide is the only way for the development of the LED display industry, and large enterprises will live better." Rui Tuo show chairman Shi Yaozhong once said to "High-tech LED" that with the intensification of the financial crisis, the domestic LED display The screen industry will usher in a brutal reshuffle, and companies with relatively large scales will live better, and Ruituo shows that the three quarterly reports have indirectly confirmed this statement.

Li Binbin, the brand director of Lehman Optoelectronics, another LED listed company, also told the "New Industry" that the high growth of the display business is a normal phenomenon, but it is difficult to escape the weakness of the industry where the gross profit margin of all products has declined to varying degrees.

GLII believes that due to the European debt crisis and the US economic downturn, China's LED companies' export orders growth is far less than expected. Since the beginning of this year, with the slowdown in LED market demand, technology and price bottlenecks are still difficult to break through, and the LED industry has been reshuffled, and it has become more and more intense.

“SMEs in the industry, especially those that are not listed, currently face problems such as long capital turnover, large accounts receivable, and difficulties in financing.” Chen Jian, director of Zhou Ming Technology, said.

Therefore, in order to solve the funding problem, many LED companies are eager to land in the domestic capital market. Is it true that the industry companies have not listed financing, but only closed down?

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