Beijing time on July 27th news, China's touch screen network news, Duntai Q2 profit increased more than 1.5 times / EPS 0.31 yuan, but Q3 performance is estimated to cool. Panel driver IC and touch IC factory Duntai (3545) today (27 On the day of the law conference and the publication of the quarterly report, benefiting from China's smart machine shipments and product price increases, coupled with exchange gains, the second quarter after-tax net profit reached 79.93 million yuan, a 7-fold increase over the previous quarter, an annual increase of 158 %, is the best result in the same period since the merger of Duntai and Asahi in 2015. It shows that the consolidation effect continues to show; however, looking forward to the third quarter, Duntai expects that the third quarter will be the peak season due to limited IDC capacity. If the market is not prosperous, the performance is expected to decline. However, the IDC capacity shortage is expected to gradually ease in the fourth quarter. If the problem is solved, it is expected that the fourth quarter shipment will rise very quickly.
Benefiting from the traditional peak season of China's smart phones, coupled with the product price increase effect, Duntai's second quarter revenue reached 2.733 billion yuan, a quarterly growth of 4.6%, an annual growth of 5.2%; gross profit margin reached 21.6%, due to the main force The price of products has increased, and the proportion of products from low gross profit margins has been successfully reduced. It has reached a new high in the past five quarters, up from 20.1% in the previous quarter and 20.5% in the same period of last year. In addition, with the exchange gains, the net profit after tax will reach 79.93 million yuan. , a 7-fold increase from the previous quarter, an annual increase of 158%, and a earnings per share of 0.31 yuan.
Duntai pointed out that from the second quarter product portfolio, IDC, panel driver IC (DDI), and touch IC revenue accounted for 30-40%, 30-40%, 20-30%, respectively. Then 40-50%, 30-40%, 10-20%.
Looking forward to the third quarter, Duntai said that the DDI price increase benefit of the main products will still contribute to the third quarter, but IDC capacity will continue to be limited for a period of time. It is expected that the third quarter results may decline compared with the second quarter. Thailand has also adopted different fabs and different processes such as 55 nm to solve IDC capacity problems. With the success of wafer foundry capacity, IDC capacity shortage is expected to gradually ease in the fourth quarter. 4. It is expected that shipments will rise very quickly in the fourth quarter.