May 20, 2024

Caijing strong land attack mobile phone panel last year profitable increase this year is expected to break through again

Hanyu Caijing said today that last year's profit increased significantly compared with the previous year. However, due to the strong earthquake in Tainan in the previous year, the earthquake affected the production line before the Lunar New Year, and it was not completely repaired until May, so it is difficult to compare, but in the past two years. The performance is indeed much better than before.

Caijing's basic earnings per share (EPS) in 2017 was approximately 2.07 yuan, an increase of 65.6% over the previous year.

Caijing strong land attack mobile phone panel, last year's profit increase, this year is expected to break through again

Caijing pointed out that because there is only one 5.3-generation panel factory, after nearly two years of hard work, it has been able to accurately realize the benefits and lock in the mid-level smartphone panel market in mainland China. About 70% of revenue comes from mobile phone panels. Other applications include tablet computers. Industrial control, car panel, and liquid crystal display (Monitor) sold to Europe, accounting for a small proportion of revenue.

Caijing said that the mobile phone display panel sold in mainland China is often equipped with an on-cell touch panel, and there is no in-cell touch panel commonly used in high-end panels.

HannStar has announced the consolidated financial report for the fourth quarter of 2017. The net sales revenue for the fourth quarter was NT$6.15 billion, a decrease of approximately 8% from the third quarter. Operating profit was approximately 1.89 billion yuan, operating profit was approximately 1.21 billion yuan, net profit was approximately 1.671 billion yuan, and basic earnings per share was 0.51 yuan; net value per share before the end of the fourth quarter was approximately 13.06 yuan.

According to Caijing statistics, the basic earnings per share for the first three quarters of last year was 1.56 yuan, plus 0.51 yuan for the fourth quarter. The basic earnings per share for the whole year totaled 2.07 yuan, an increase of 65.6% over the previous year.

According to Caijing statistics, the gross profit margin was 31% in the fourth quarter of last year, the operating profit ratio was 20%, the operating profit plus depreciation rate was 29%, and the net profit margin was 27%. Total shipments in the fourth quarter decreased by approximately 6.4% from the third quarter to 4.453 million units (converted to approximately 19 equivalents), and the average unit price of the overall product unit was approximately US$48.

In terms of product shipments, Caijing pointed out that in the fourth quarter of last year, the shipment of small and medium-sized panels was about 128 million pieces, the shipment of large-size panels was about 500,000 pieces, and the shipment of own-brand products was about 100,000 units.

In terms of product mix, mobile phone panel products below 6吋 accounted for 76% of total sales, 6.2吋 to 10.1吋 medium-sized tablet panels accounted for 15% of total sales, and larger-sized panel products accounted for 10% above 11吋.

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