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Affected by the decrease in working days and the adjustment of inventory by customers, the first quarter revenue of Xindian was 1.766 billion yuan (NTD, the same below), the quarter was down 10.6%, the annual growth rate was still 21.7%, and the gross profit margin was 33.7% from the previous quarter. It fell to 28.8%, but it was better than the 28.1% level in the same period last year. It also reached the target of 25~30%. The net profit after tax was 325 million yuan, the quarter was reduced by 40.8%, and the annual growth rate was 93.4%, a record high in the same period of the previous year. Record, net profit per share of 2 yuan.
Although the first quarter's financial forecast is not bad, but Liu Huanlin's outlook for the second quarter turned conservative, he pointed out that Cree recently launched low-priced products, for the LED bulb market to cast a shock, its low-cost design for other Customers are eager to make the company's orders in the hands of the company to shout the card, because it is now in the customer's new and old product alternate stage, so it is likely to impact the shipment of LED ceramic heat sink substrate.
Lu Shaoping, vice president of Tongxin Electric, pointed out that the highest growth rate this year is the image sensor. Thanks to the new customers, the performance of the products in the second and third quarters is expected to grow quarter by quarter, and the hybrid integrated circuit will grow. The amplitude is relatively mild, the radio frequency module will drop slightly, and the part of the LED ceramic heat sink substrate is conservative. I am afraid that the order will not be able to start after the third quarter. 
LED ceramic heat sink substrate demand is not as expected with Xinhua under repair Q2 outlook
Liu Huanlin, general manager of Tongxin Electric, revised the outlook for the second quarter. He admitted that the demand for LED ceramic heat sinks was not as good as expected, resulting in the operation of the second quarter will not be able to grow smoothly compared with the first quarter. From the current order, it will be from the original The growth forecast was revised to a flat level.