Passive Components Out Of Stock Keep Rising, Guangjie Three Times This Year's Price Increase

Set micro-network news, passive components of various products  continue to rise in sound, following the inductor plant Kellett new  subsidiary Wang Hutchison continued to increase the price of thick film  resistors, light also announced the third price increase this year.


According to the industry, the number of days of chip-safety  inventories for certain major manufacturers has fallen below 30 days,  and the out-of-stock condition may continue into the second quarter.


The market for chip resistors has been re-introduced. The price of  Kellett's new chipmaker Wang also announced that it has increased the  price of some thick film resistors by more than 25%. The statistics  giant Guoji Group has also raised the price of chip resistors for the  second time this year.


Due  to the substantial increase in the cost of thick film resistor  materials (packages, pastes, plating materials, and ceramic substrates),  the price of some products will be adjusted again by the manufacturer.  The range includes the resistance and exclusion of some packaged  packages (based on quotation prices). ) This is also the third time that Guangyi has raised its offer this year.


Observing  the light in early January this year issued a chip resistance price  notification, due to the cost price of thick film chip resistance  materials rose, so the price of thick film chip resistance increased by  10%; in early February and issued a price increase notice, an increase  of 15%. The industry pointed out that at present, the application of chip  resistance such as automotive electronics and industrial specifications  is in short supply, and the average safety stock day is already less  than 30 days. The shortage of stock prices will continue into the second  quarter.


In  the fourth quarter of last year, Guangsheng’s revenue was still 480  million yuan, roughly the same as the previous quarter, but the gross  profit margin dropped to 21.4%, and the loss from the industry,  after-tax net profit fell to 21 million yuan in the quarter, 47.5%  decrease in the quarter. Single season EPS 0.17 yuan. Last  year's full-year revenue was 1.848 billion yuan, an annual growth of  7.4%, gross profit margin of 23.7%, but after-tax profit of 87 million  yuan, EPS of 0.74 yuan, still better than the previous year's 0.69 yuan.  The legal person pointed out that due to the market demand and the  increase of the company's production capacity, and with the increase in  chip resistance, this year's profitability is expected to increase.


In  view of the price rise of passive components, in addition to MLCC  (ceramic capacitor) prices began to increase along the road last year,  aluminum capacitors, solid capacitors, chip resistors, etc. have  successively increased prices, so that the passive component industry  became the first and second quarter of this year The hottest concept of price increase.


Among  them, Seng Teng Tang benefited from the MLCC price increase. In the  fourth quarter of last year, the gross profit rate was 25.56%, setting a  new single-quarter high in the last ten years. Last year, it had an EPS  of 5.56 yuan (calculated by the share capital after the reduction).