Tianlong Optoelectronics 2013 Q1 net profit loss of 10.63 million yuan

Tianlong Optoelectronics released the 2013 Q1 performance report, achieving a total operating income of 113 million yuan, an increase of 169.45% over the same period of the previous year; operating profit of -16,290,300 yuan, down 2.53% year-on-year; net profit attributable to ordinary shareholders of the company -10.63 million yuan , an increase of 25.02% over the same period of last year; basic earnings per share -0.05 yuan.

Tianlong Optoelectronics said that the company faces the following risks in the future: 1. The company is involved in high-end equipment such as MOCVD, which may become a bright spot in the future, but at the same time it is uncertain because of the development of cutting-edge new products, and it is still in the investment period. There is a risk of research and development.

2. At present, the inventory of photovoltaic equipment and photovoltaic consumables is still large. In the situation of overcapacity, it is very difficult to destock, and if the inventory is weak, it will be further devalued.

3. The degree of localization of general-purpose equipment in the photovoltaic industry has become increasingly mature. Among the domestic equipment manufacturers, there are Jingyuntong, Jingsheng Electromechanical, Jinggong Technology listed on the Shenzhen-Shanghai trading market, and there are also many unlisted companies. At present, the photovoltaic industry continues to be sluggish and is already in the integration phase of the survival of the fittest industry. In the face of a strong competitive market and competitors, it will be difficult to open up the market if it is unable to maintain the competitiveness of the front end in the market.

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