Size and size backlight exceeds expectations, Jufei Optoelectronics estimates that Q1 net profit increased by more than 20%

Jufei Optoelectronics (300303.SZ) last year's annual report showed that in 2013, the operating income was 753 million yuan, and the net profit attributable to shareholders of listed companies was 131 million yuan, up 52.19% and 43.06% respectively. Meanwhile, the company expects the net profit rate for the first quarter of 2014. Pre-increased by 20%-50%. According to the analysis, the small size and large size backlights are all exceeding expectations, and the future growth momentum is still there.

A brokerage researcher said that although the fourth quarter was the overall sluggish consumer electronics, the small-size backlight ring of the company increased by 10-20% compared with the third quarter, and the annual gross profit margin maintained 33-34%, while its advantage of endogenous extension and flat As the business grows, the small-size backlight is expected to continue its high growth in 2014.

The large-size backlight also exceeded expectations. The accumulated revenue for the year was nearly 160 million yuan, up 210% from the same period of the previous year, and the proportion of the main business income increased from 10.41% in the previous year to 21.14%. In addition, breakthroughs have been made in customer development. On the 19th of this month, Jufei announced that it plans to purchase 200 million chips from Sanan this year, reflecting the company's strong confidence in the future growth of large-size products. As its products are further recognized by customers, the company will be working with Taiwanese and Korean factories. Get more share in the competition.

Jufei Bin, chairman of Jufei Optoelectronics, also revealed that with the relocation of the production line to the new factory in Pinghu, the target for the production capacity will be raised to 1000 KK during the year, and he is confident that the large size will continue to break through.

Looking forward to the future, Jufei Optoelectronics said that in 2014, the backlight packaging business will accelerate the implementation of the internationalization strategy and strive to open up the international market on the basis of consolidating and increasing the domestic market share; tap the potential, rapidly expand the sales scale, and continuously enhance market share. At the same time, the lighting business continues to be strategically placed in technology and market; in addition, it actively explores new business areas and fosters new profit growth points for the company's future development.

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