Silicon, Lingsheng and Jiuyuan Q3 earnings are better than expected

The second-line packaging and testing plant SiGe (6257), Lingsheng and Jiuyuan, recently settled Q3 financial report, all better than previously expected.

Silicone's single-quarter consolidated revenue was NT$1.282 billion, a slight decline of 3.7% from Q2's 1.331 billion yuan, in line with market expectations. A single quarter pre-tax net profit of 318 million yuan, pre-tax earnings per share of 0.96 yuan, accumulated the first three quarters of tax The former net profit was 971 million yuan, and the earnings per share was 3.06 yuan, which was better than market expectations. According to SiGe, Q3 is flat due to the TV and computer market, causing the relevant chip test release effect to be weak in the quarter. However, Q4 has a good order from foreign markets, new customer verification has been passed, and formal mass production delivery from October, Q4 The operating recession is expected to slow down, and the short-term impact effect is limited. It is estimated that the 2010 EPS will exceed 3.5 yuan.

Lingsheng Q3 maintains Q2's level of 1.78 billion yuan. It is estimated that the single-quarter post-tax EPS is about 0.75 yuan, which is nearly double the growth rate in the same period of 2009. The accumulated net profit after tax in the first three quarters is about 700 million yuan, a significant increase of 483 compared with the same period of 2009. %, the net profit after tax per share falls between 1.75~1.95 yuan.

Jiuyuan Q3 revenue of 862 million yuan, monthly growth rate of 16.0%, annual growth rate of 35.4%, better than the legal expectations, estimated after the Q3 tax net profit of about 275 million yuan, EPS about 2.85 yuan, the first three quarters of each share of pure The benefit is about 7.0 yuan. At the same time, in order to cooperate with customers' orders for crystal electric LEDs, the company plans to set up factories in Xiamen and Changzhou, China. Jiuyuan pointed out that Jingdian and Japan Toyota Synthetic Group Fengjing Optoelectronics, Jiuyuan has the opportunity to undertake the provocation of the latter. Foundry process.

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