Unveiled 9 LED listed companies, directors, supervisors, high-paying rankings, net profit competition can show strength?

Recently, brokerage China released the salary list of brokerage employees. In 2016, the net profit of the securities industry decreased by 49.57% year-on-year.

According to the latest statistics, among the 17 brokerages that have published the annual report, the per capita salary was 520,000 last year, of which the average per capita of Orient Securities was 7.129 million, the second highest was Haitong Securities with 672,300, and the third was CITIC Securities 658,800. .

Although the net profit of the securities industry fell by nearly half in 2016, the salary fluctuations did not seem to fall in the same proportion. Through the salary increase of brokerage employees, Gaogong LED can't help but think that the LED industry in 2016 generally responds well to the market, so is the salary of LED employees rising?

Under this question, Gaogong LED selected 9 representative enterprises in the upper, middle and lower reaches of the LED industry, and carefully reviewed the financial reports released by them in 2015 and 2016, and carried out the revenue, net profit and salary of these enterprises. Contrast.

chip

In 2017, due to the rising prices of raw materials, the entire upstream LED chip was in short supply, maintaining a state of full production for several months, leading to the price increase of leading companies, and the chip market once again ushered in expansion.

It is understood that in order to increase the price of business opportunities brought by the demand for food, this year LED chip leading enterprises increased about 345 machines, the global effective capacity reached 83.28 million pieces / year at the end of this year.

In addition, leading LED chip companies have effectively expanded their production capacity, the industry has shuffled their cards, and accelerated the concentration of large-scale brand manufacturers, driving the growth rate of LED chips and the proportion of exports.

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Through the comparison of the compensation of Donggao Supervisor of Sanan Optoelectronics, Dehao Runda and Huacan Optoelectronics in 2015 and 2016, their salary was significantly increased in 2016.

Package

At present, the LED industry, especially in the packaging field, has entered a stable period, and the competitiveness among major enterprises is reflected in the competition of “price-performance ratio”.

The main factors of LED price increase in this year are the rising price of raw materials at the supply end and the rapid growth of the sub-area of ​​small-pitch LED display on the demand side. Due to the rising cost, the lighting industry chain needs to gradually pass the cost downstream. Maintaining a basic profit margin has led to price increases for lighting packaged devices. However, the industry concentration of packaging has gradually increased, and large enterprises have mastered strong bargaining power due to their large volume.

For the current highly concentrated chip end, the price increase trend may be maintained before the capacity is released. However, with the gradual release of production capacity, the situation of short supply is alleviated. Profits through price increases will only give competitors an opportunity. Therefore, whether LED will maintain the current price increase is still to be observed.

Through the comparison of the compensation of Donggao Supervisor in the three major packaging companies of Guoxing Photovoltaic Power, Hongli Zhihui and Zhaochi, in 2015 and 2016, Guoxing Optoelectronics and Hongli Zhihui executives increased their salaries in 2016. In 2016, the packaging market is improving, and the price increase of packaging is also prevailing. Gaogong LED believes that the increase in executive compensation of packaging companies is also inseparable from a good market environment.

illumination

In 2016, LED chips, packaging and lighting increased prices. In 2017, the chip leader Sanan Optoelectronics, the package leader Mulinsen started the price increase and issued the gun, highlighting the LED industry supply and demand pattern to improve.

LED packaging downstream demand pattern, lighting + display accounted for more than 2/3 of downstream applications. In 2016, the global LED lighting market size of 34.6 billion US dollars penetration rate is only 31%, 2017 global LED lighting market penetration rate is expected to exceed 36%, growth rate More than 20%, smart lighting continues to stimulate the overall needs of the industry.

In 2017, the growth rate of the small-pitch LED display market exceeded 50%, and the overall supply and demand continued. The global LED backlight market has been slightly reduced by OLED replacement, and the production capacity of backlights has shifted to China.

Through the comparison of the compensation of Dong Gaojian in the three lighting manufacturers of Mulinsen, Sunshine Lighting and Foshan Lighting in 2015 and 2016, the salary of Donggao Supervisors did not show a big increase in 2016, and some were still down.

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