Shanghai Bright Power Semiconductor Co.Ltd(688368) the net profit in 2021 will increase by 858% – 887%

Shanghai Bright Power Semiconductor Co.Ltd(688368) release performance forecast. It is estimated that the net profit attributable to the owners of the parent company in 2021 will be 660 million yuan to 680 million yuan, with a year-on-year increase of 858% to 887%.

In 2021, due to the strong downstream demand of the industry in which the company’s LED lighting driver chip is located and the tight supply of upstream raw materials, the company has better solved the capacity constraints, improved the product unit price and optimized the product structure. It is estimated that the annual operating revenue will reach 2250 million yuan to 235 million yuan, an increase of 104% to 113% over the same period, and the annual comprehensive gross profit margin will be improved. It is estimated that the non recurring profit and loss of the company is 101 million yuan to 105 million yuan.

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