Impacted by the sharp decline in panel prices, the performance of Taiwan panel factory fell into a loss
impacted by the sharp decline in panel prices, Taiwan panel factory was completely destroyed, and the industry fell into a loss in the fourth quarter of last year. Both panel tigers lost 1.4 billion yuan in the last quarter. Caijing suffered a gross loss in the fourth quarter of last year due to the impairment of assets, with a net loss of NT $1.208 billion after tax (the same below), ending 11 consecutive quarters of profits. The after tax net loss of Huaying in the first three quarters of last year was 7.557 billion yuan. The market expected that the loss in the fourth quarter of last year would expand, and it was difficult to escape the loss in the whole year of last year
last year, the price of TV panels fell by 20-30%, and the price of small and medium-sized panels also fell by more than 20%, seriously eroding the profits of panel factories. In the fourth quarter of last year, Taiwan panel factories fell into losses. The operating loss of Youda in the last quarter was 1.454 billion yuan, the net profit attributable to the owners of the parent company was 281 million yuan, the earnings per share was 0.03 yuan, and the annual net profit was 10.16 billion yuan, with an annual decrease of 68.6%. Basically, the minimum temperature per share could reach ⑴ 90 ℃ (⑴ 90 ℃ ~ ⑴ 96 ℃ is a special requirement) and the stock surplus was 1.06 yuan. The working principle of the battery acupuncture experimental machine created a loss of 1.431 billion yuan in the fourth quarter of last year, a net loss of 697 million yuan after tax, a loss of 0.07 yuan per share, and a net profit of 2.223 billion yuan after tax for the whole year, with an annual decrease of 94% and a earnings per share of 0.22 yuan
Caijing's revenue in the fourth quarter of last year was 3.19 billion yuan, a decrease of about 22% compared with the third quarter of last year. For the uncompleted 6th generation plant, the provision for asset impairment was about 645million yuan, resulting in an operating gross loss of about 750million yuan, a gross loss rate of about 24%, an operating loss of about 1.25 billion yuan, a net loss after tax of about 1.208 billion yuan, and a basic loss per share of 0.37 yuan, ending 11 consecutive quarters of profit performance. Because the price of small and medium-sized panels fell and the demand for panels was weak, Caijing's annual revenue was about 16.866 billion yuan last year, a decline of 28.97% compared with the previous year. The operating profit is about 916 million yuan, the after tax net profit is about 1.021 billion yuan, and the earnings per share is about 0.32 yuan
Huaying turned into a loss in the third quarter of last year, with a cumulative after tax net loss of 7.557 billion yuan in the first three quarters, and a net loss of 0.93 yuan per share. In December last year, Huaying announced its application for reorganization and emergency sanctions, and then the factory shut down because of the material shortage of suppliers. Although it resumed work at the end of the year, the number of films dropped sharply. The revenue fell to 940 million yuan in December last year, and the revenue in the fourth quarter of last year was only about 3.814 billion yuan, a decline of more than 40% compared with the previous quarter. The market is expected that the loss of Huaying in a single quarter, such as the fracture of the rib part that did not rotate, may expand, and it is difficult to escape losses throughout the year
2019 * although the decline in panel prices slowed down, the overall average price was still at a low level. Moreover, the demand in the off-season is weak, and the capacity utilization rate has been slightly reduced by 5 on average compared with the previous quarter - but it is enough to be gratified by 10%. The legal person estimates that the quarterly revenue of panel factories * will decline by about 10% compared with the previous quarter, and the loss in a single quarter will expand again. If you want to fight for profits, you may have to wait until the second quarter to have a chance
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