business enterprise collapse

LED the business enterprise collapse tide the round wait to become available in the market to raise funds to"pass the winter"
Capital to the LED industry pursues "replication" basically light Fu the scene of the industry, the its result doesn't have an accident a ground of likeness as well.Along with a sale sum in Shenzhen ascend hundred million of LED business enterprise boss"the entire family runs road", LED the profession ruthlessness reality is uncovered.Not a few LED business enterprises are waiting in line to become available in the market and"pass the winter" by the storage enough funds.

First half year of this year, LED the price of the chip falls 30% or so.Have an analyst estimate second half year of still have above 10% of fall, and think clear will there is still year after next slump space;And 2 inches blue precious stone Chen the market price of the bottom as if also sit last quickly rose to USD 38 from USD 9 per slice last year over the mountain car, arrived to then quickly fall this year, have already fallen to USD 8 currently or so.

Price of the significant slump cause a business enterprise to"close the door" phenomenon repeatedly deliver.According to high statistics in industry graduate school in work LED, this year national LED the amount of the business enterprise collapse exceed 10%, seal to pack among them of have more than 100s;Doing more than 300 of lamp is mostly a small business enterprise.

"Each link investment's expanding to produce acceleration is one great factor that causes the above-mentioned circumstances."The stock certificate analyst, Liu Zhuo Ping, of Dongguan says.According to high statistics in industry graduate school in work LED, add an amount of investment to there are 69 in more than 100,000,000 investment items in the first half of 2011, but last year whole years only 74;The upper stream outside postpones a slice of chip, first half year amount of investment 71,794,000,000, is a whole year last year 52.11% of amount of investment;First half year of invest most explode for the fire of is blue precious stone item, make a contract a programming amount of investment to reach to 21,506,000,000, was a whole year to is 94.63% of amount of investment last year.

"Its result is the problem that faces productivity excess."The chip manufacturer's private's orchid tiny(600460) relevant personage of LED said that" we think, the scale turns to extend to step to order for a quasi- time better."

But consistent viewpoint inside the industry BE, "time orders" that wants to seek now is to want to see an opening of downstream need.Because LED is thought to will become a giving out light of monopoly source in the future, the LED industry will also develop into the huge industry that exceeds a trillion, conceive an opportunity to pump capital into among them and cause capital's piling into.But, because of currently cost high Qi, the need of downstream didn't open, the investment impulse of upper stream by all means causes to supply excess, and the shuffling cards of profession also now draws back.

Liu Zhuo Ping said that the funds of upper stream chip link throws in very big, downstream's applying the outlet of link is as higher as brand barracks, therefore, at LED shuffling cards of profession in, be in the center located on sealing of link to pack realm first hit.

Sees from the current circumstance, the splitting of funds chain is the disaster head that makes the business enterprise closed down."Speak to the listed company in the profession, still nonexistent problem like this."Liu Zhuo Ping says that" because the listed company contains margin outlet, is particularly some lately- become available in the market companies, the funds is abundant, so haven't a few LED business enterprises is waiting in line to become available in the market."

But, the influence been subjected to by listed company is also obvious.To this, Liu Zhuo Ping gave contrast like this:First half year of this year, LED profession listed company operating revenue's increasing on the average is 27%, but increasing of the first 3 quarter degree decline to 20%;Seeing from the net profit smooth level, first half year of its increasing on the average is 40%, but increasing of the first 3 quarter degree only have 23%.In the meantime what demand notices BE, have of company although the accomplishment looks not to differ, profits very big part come from a subsidy.

Face a predicament, there is listed company meaning, the gross profit rate keeps is to have no in the profession of above 50% of, so reduce price is affirmative existent, as for can descend to arrive what extent, each company is different.But the analyst think, LED core competencies of the business enterprise is to see who can decline the cost to lowest.