Huacan Optoelectronics released the third quarter 2013 performance report. The company achieved a total operating income of 93.62 million yuan, an increase of 31.81% over the previous year; the net profit attributable to shareholders of listed companies was 4.09 million yuan, a year-on-year decrease of 181.84%; Basic earnings per share - 0.01 yuan.
Huacan Optoelectronics said that the company's operating profit, total profit and net profit decreased by 358.27%, 42.53% and 75.77% respectively from the beginning of the year to the end of the reporting period, mainly due to the expansion of production capacity of the company, resulting in an increase in sales scale, but due to the chip The decrease in unit price of sales resulted in a decrease in operating income of 20.59% and an increase in operating costs of 20.22%.
Huacan Optoelectronics said that the unfavorable factors affecting the performance of prices have weakened in the third quarter, and the price of products has begun to stabilize. The sales volume of products has increased by 125% compared with the same period of the previous year. The sales price of products at the end of the reporting period is lower than that of the same period last year. The company's operating data still showed a significant decline compared to last year. On a month-on-month basis, the sales volume of products increased by 27.46% compared with the previous quarter. The operating income of the company increased by 37.03% compared with the previous quarter, and the operating cost increased by 21.65% compared with the previous quarter. Due to the increase in daily management fees and R&D expenses of Suzhou subsidiaries, operating profit Only 0.13% increase. These improvements were mainly attributable to the company's planned progress in the following two areas in the third quarter, avoiding the trend of further decline in operating profit:
1) The sales in the white light chip market have achieved significant growth.
In the third quarter of 2013, after the successful introduction of the new device technology, the white light-emitting blue-chip chip has significantly improved the light efficiency, and the technical performance has reached the level of Taiwan's leading enterprises. It has been recognized in the mainstream white-light packaging client, and the white light in the third quarter. The sales revenue of applied products increased by 41.12% from the previous month.
2) Achieve the goal of reducing costs and provide customers with more cost-effective products.
In the third quarter, a major breakthrough was made in the improvement of the yield of epitaxial wafers. At the same time, breakthroughs were made in the project of shortening the epitaxial growth time per furnace. The production efficiency of epitaxial furnaces was significantly improved. In addition, the production and commissioning of chip processing equipment was gradually completed. The steady increase in utilization rate also effectively promoted cost savings. The unit product cost in the third quarter decreased by approximately 7.80%.
Huacan Optoelectronics said that the company's operating profit, total profit and net profit decreased by 358.27%, 42.53% and 75.77% respectively from the beginning of the year to the end of the reporting period, mainly due to the expansion of production capacity of the company, resulting in an increase in sales scale, but due to the chip The decrease in unit price of sales resulted in a decrease in operating income of 20.59% and an increase in operating costs of 20.22%.
Huacan Optoelectronics said that the unfavorable factors affecting the performance of prices have weakened in the third quarter, and the price of products has begun to stabilize. The sales volume of products has increased by 125% compared with the same period of the previous year. The sales price of products at the end of the reporting period is lower than that of the same period last year. The company's operating data still showed a significant decline compared to last year. On a month-on-month basis, the sales volume of products increased by 27.46% compared with the previous quarter. The operating income of the company increased by 37.03% compared with the previous quarter, and the operating cost increased by 21.65% compared with the previous quarter. Due to the increase in daily management fees and R&D expenses of Suzhou subsidiaries, operating profit Only 0.13% increase. These improvements were mainly attributable to the company's planned progress in the following two areas in the third quarter, avoiding the trend of further decline in operating profit:
1) The sales in the white light chip market have achieved significant growth.
In the third quarter of 2013, after the successful introduction of the new device technology, the white light-emitting blue-chip chip has significantly improved the light efficiency, and the technical performance has reached the level of Taiwan's leading enterprises. It has been recognized in the mainstream white-light packaging client, and the white light in the third quarter. The sales revenue of applied products increased by 41.12% from the previous month.
2) Achieve the goal of reducing costs and provide customers with more cost-effective products.
In the third quarter, a major breakthrough was made in the improvement of the yield of epitaxial wafers. At the same time, breakthroughs were made in the project of shortening the epitaxial growth time per furnace. The production efficiency of epitaxial furnaces was significantly improved. In addition, the production and commissioning of chip processing equipment was gradually completed. The steady increase in utilization rate also effectively promoted cost savings. The unit product cost in the third quarter decreased by approximately 7.80%.
Nantong Boxin Electronic Technology Co., Ltd. , https://www.bosencontrols.com