Supply of LED lighting giant Pei Heng's revenue in October reached a new high

Peiheng announced its consolidated revenue in October, with a monthly increase of 4.1% and an annual increase of 38.3% to 37.58 million yuan (NTD, the same below), a record high since May last year. Pei Heng said that although Q4 entered the traditional off-season, revenue in October continued to rise, mainly because the company continued to develop new LED lighting products for fluorescent lamps and downlights, and recently successfully entered Taiwan's LED lighting factory, and in October. Start shipping.

Peiheng pointed out that the company had a small amount of shipments with Taiwanese LED manufacturers last year, but the price of LED lighting products is still high, so the shipments are always difficult to enlarge, and the contribution to revenue is slight, but this time there are new customers. The introduction of terminal products, coupled with the price of LED lighting is close to the sweet spot, so the strength of pulling goods rose. For the LED lighting segment, Peiheng estimates that Q4 demand is expected to climb month by month, and the Nintendo Wii U is scheduled to be launched in North America and Europe on November 18, and the demand for Peiheng entering the supply chain will also be stable, so overall Q4, Q4 revenue can be equal to Q3, and will be better than the analog IC industry Q4 revenue in the general quarter minus 10% performance.

Pei Heng said that the current monthly shipment of ICs for Wii U is about 7 million, which will become another growth potential of Q4 in addition to LED lighting. Driven by LED lighting, Pei Heng's operating conditions improved quarter by quarter, and as revenues rose, losses also narrowed quarter by quarter. In the first three quarters of Peiheng, the combined revenue increased by 12.32% to 297 million yuan, and the net loss after tax was 58.06 million yuan, which was also reduced by a net loss of 98.047 million yuan in the same period of last year. After tax, the loss per share was 1.19 yuan.

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