Key Analysis
According to the statistics of the High-tech LED Industry Research Institute (GLII), among the 25 key listed companies, the revenue in the third quarter increased by 15%, accounting for 60% of the total, down 10.83% from the first half of the year; 10 companies, accounting for 40% of the total, were in line with the situation in the first half of the year.
 The performance of key LED listed companies in the third quarter is as follows:
ïµ Destocking, inventory turnover rate rose sharply on a month-on-month basis. The gross profit margin changed little, the product price decline slowed down, the capital flow improved, and the return on net assets increased.
GL GLII believes that the sales of LED key listed companies in the third quarter improved, on the one hand, because the second half of the year is the traditional sales season for LED companies, and benefited from the promotion and implementation of national and local government LED energy-saving lighting projects; The diversified development of LED technology and products and the decline in the price of terminal applications have led to an increase in the market share of LED products. However, the performance data of most LED listed companies in the third quarter did not have a substantial improvement. To achieve this change or to further release the downstream market demand.
ïµ High-tech observation
GL GLII: “Backlight Dependence†is short-term difficult to solve Taiwan's LED packaging factory's second-half revenue warning  GLII: LED “besieged city†– traditional lighting transformation of all living beings LED lighting system specifications are expected to be introduced next year, or will break the various outdoor battles situation
ïµ Quote review
 This week's high-tech LED industry index closed at 977.90 points, down 6.98%, and the Shanghai and Shenzhen 300 index fell 3.63%. The LED sector followed the overall market and was even weaker.
Among the 25 key stocks, only Ruifeng Optoelectronics only rose, with an average decline of 5.89%. The top three declines this week were Changfang Lighting (-15.76%), Qinshang Optoelectronics (-14.76%) and Han's Laser (-12.27%).
Sanan Optoelectronics (600703), Qinshang Optoelectronics (002638), Ruifeng Optoelectronics (300241).
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According to the statistics of the High-tech LED Industry Research Institute (GLII), among the 25 key listed companies, the revenue in the third quarter increased by 15%, accounting for 60% of the total, down 10.83% from the first half of the year; 10 companies, accounting for 40% of the total, were in line with the situation in the first half of the year.
 The performance of key LED listed companies in the third quarter is as follows:
ïµ Destocking, inventory turnover rate rose sharply on a month-on-month basis. The gross profit margin changed little, the product price decline slowed down, the capital flow improved, and the return on net assets increased.
GL GLII believes that the sales of LED key listed companies in the third quarter improved, on the one hand, because the second half of the year is the traditional sales season for LED companies, and benefited from the promotion and implementation of national and local government LED energy-saving lighting projects; The diversified development of LED technology and products and the decline in the price of terminal applications have led to an increase in the market share of LED products. However, the performance data of most LED listed companies in the third quarter did not have a substantial improvement. To achieve this change or to further release the downstream market demand.
ïµ High-tech observation
GL GLII: “Backlight Dependence†is short-term difficult to solve Taiwan's LED packaging factory's second-half revenue warning  GLII: LED “besieged city†– traditional lighting transformation of all living beings LED lighting system specifications are expected to be introduced next year, or will break the various outdoor battles situation
ïµ Quote review
 This week's high-tech LED industry index closed at 977.90 points, down 6.98%, and the Shanghai and Shenzhen 300 index fell 3.63%. The LED sector followed the overall market and was even weaker.
Among the 25 key stocks, only Ruifeng Optoelectronics only rose, with an average decline of 5.89%. The top three declines this week were Changfang Lighting (-15.76%), Qinshang Optoelectronics (-14.76%) and Han's Laser (-12.27%).
Sanan Optoelectronics (600703), Qinshang Optoelectronics (002638), Ruifeng Optoelectronics (300241).
For this download, please click: http://
Click to download more high-tech LED industry weekly report: http:// /
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