On April 1, the day after the 2021 annual report communication meeting of Digital China Group Co.Ltd(000034) ( Digital China Group Co.Ltd(000034) , SZ), the share price rose by 5.34%, once approaching the daily limit from the recent stock price trend, with the resumption of last year's performance and the interpretation of the strategic direction, Digital China Group Co.Ltd(000034) has attracted great attention from the market.
In the past year, Digital China Group Co.Ltd(000034) 's performance has achieved a historic breakthrough and its revenue has reached 100 billion. Among them, cloud computing and digital transformation business maintained rapid growth, with a year-on-year increase of 46%; The revenue of independent brand business accelerated to a breakthrough, with a year-on-year increase of 127%. In addition, Digital China Group Co.Ltd(000034) accumulated R & D investment of 240 million yuan in 2021, with a year-on-year increase of 32%.
Since the launch of cloud strategic transformation with MSP as the core in 2017, Digital China Group Co.Ltd(000034) has made great progress in cloud business. This benefits not only from itself, but also from the expansion of cloud technology and market applications. At present, cloud native technology is gradually maturing and accelerating the implementation, and a new industrial reform led by technology paradigm has been brewing.
Cloud native will become the basic capability of enterprise digital transformation - it is with insight into this trend and opportunity that Digital China Group Co.Ltd(000034) starts the strategic layout of "digital cloud integration" and builds its core products in the field of cloud native and data native, so as to become "leading digital transformation partner" P align = "center" join the 100 billion club p align = "center" cloud computing and digital transformation business take off
According to the annual report, Digital China Group Co.Ltd(000034) 2021's annual revenue was 122385 billion yuan, up 32.94% year-on-year, and successfully ranked among the "100 billion club". Deduction of non net profit was 672 million yuan, with a year-on-year increase of 3.14% "performance exceeded market expectations." Securities Research Report commented.
Among them, cloud computing and digital transformation business realized an operating revenue of 3.885 billion yuan, a year-on-year increase of 45.71%; The independent brand business achieved an operating revenue of 1.65 billion yuan, a year-on-year increase of 126.86%; It distribution and value-added business realized an operating revenue of 116838 billion yuan, a year-on-year increase of 31.79%.
Chen Zhenkun, chief financial officer of Digital China Group Co.Ltd(000034) group, introduced at the performance exchange meeting on the afternoon of March 31 that in terms of overall operating efficiency, the inventory turnover of Digital China Group Co.Ltd(000034) 2021 was optimized by 4.5 days and accounts receivable by 5.3 days. Thanks to the continuous optimization of two important assets, the capital efficiency of the company was further optimized with the overall revenue increasing by 33%, making its overall business more stable and healthy, and the overall return on net assets was also continuously improved.
The performance has reached a record high, and the rapid growth of cloud computing and digital transformation business are indispensable. During the reporting period, this segment achieved a revenue of 3.88 billion yuan, an increase of 46% year-on-year
Among them, the revenue of cloud resale business (ACG) was 3.44 billion yuan, a year-on-year increase of 45%. In 2021, Digital China Group Co.Ltd(000034) completed the full coverage of global mainstream public cloud manufacturers. In addition to obtaining performance breakthroughs and more capability certifications on core public clouds such as Alibaba, Huawei, Microsoft, AWS and Tencent, Digital China Group Co.Ltd(000034) completed the acquisition of 60% equity of gopomelo in terms of strategic investment. The company is a partner of Google cloud and Facebook in Southeast Asia. So far, Digital China Group Co.Ltd(000034) has also become one of the few enterprises in China that can complete the layout of the world's top five public clouds.
In 2021, Digital China Group Co.Ltd(000034) cloud management services and digital transformation solutions business (MSP + ISV) revenue was 450 million yuan, an increase of 54% year-on-year.
With its excellent cloud management service capability, during the reporting period, Digital China Group Co.Ltd(000034) was selected into the first report on cloud migration, modernization and management services in China by Forrester and the first panorama of hybrid cloud industry released by the Academy of communications and communications. "It can be said that this is a year when MSP business is rooted in fertile soil and accumulated strength." Wang Bingfeng, Digital China Group Co.Ltd(000034) Chief Strategic Officer and head of cloud business group, summarized.
In terms of ISV business, Digital China Group Co.Ltd(000034) successively released the product layout of the whole life cycle of data security, Jarvis artificial intelligence knowledge engine, upgraded the new functions of bluenic, carried out targeted development and product integration around video cloud products, and integrated cloud native technology, unique data algorithms, more comprehensive data security capabilities and scene based application services.
In addition, in the past year, Digital China Group Co.Ltd(000034) 's independent brand and Xinchuang layout have been continuously recognized by the market: independent brand business increased by 127% last year and Xinchuang related business increased by 236% in 202 7
build a new engine in the era of cloud 2.0 p align = "center" Digital China Group Co.Ltd(000034) start "digital cloud integration"
It is not difficult to understand the strategic logic evolution of Digital China Group Co.Ltd(000034) . The growth of Digital China Group Co.Ltd(000034) benefits from the digital process of the country.
" Digital China Group Co.Ltd(000034) was founded under the name of 'Digital China' ( Digital China Group Co.Ltd(000034) English Name: Digital China). Since then, we have made it our mission to become an explorer, practitioner and enabler of Digital China and are determined to help realize the great rejuvenation of the Chinese nation through 'Digital China'." In 2021, at the celebration of the 20th anniversary of Digital China Group Co.Ltd(000034) listing, Guo Wei at the helm once again expounded the original intention of Digital China Group Co.Ltd(000034) .
In recent years, the digital economy has become more and more prosperous. In this process, the big data system has also been continuously improved - previously, big data focused on the storage, analysis and use of Beijing Vastdata Technology Co.Ltd(603138) . With the development of technology, it has mainly focused on key links such as data governance, big data analysis and safe data transmission, and the application and use of big data are becoming more and more in-depth and extensive.
Cloud computing technology and applications also continue to mature. Among them, the original cloud has been gradually popularized since 2019 and fully applied in 2020. It is considered to be the most core disruptive technology in the era of digital economy.
"From cloud computing to cloud native is a subversion of the technology paradigm, which means that a new computing architecture with cloud as the core is taking shape. The general technology with cloud native as the core is not only an infrastructure with extremely low data processing cost in human society, but also greatly improves the efficiency of enterprises in the process of acquiring, processing, transmitting, storing, analyzing and utilizing data." Guo Wei explained in the chairman's speech of the 2021 annual report.
"In the era of cloud computing 1.0, the cloud is a resource at the business level. In the era of cloud computing 2.0, the original cloud appears, and its business essence is' agile '." Li Gang, technical director of Digital China Group Co.Ltd(000034) group, introduced that through cloud native, enterprises can realize rapid trial and error, expansion and contraction, which is of great significance to improve efficiency.
In a recent white paper on cloud native released by IDC, it is mentioned that nearly 50% of Chinese enterprises using cloud native technology have applied cloud native technology to the core and sub core systems of the production environment, and 83% of enterprises will continue to increase their investment in cloud native technology in the next two years. At the same time, IDC also predicts that the proportion of new production level cloud native applications in new applications will increase to 60% in 2024. Customers are comprehensively turning to cloud native, which will become the basic ability of enterprise digital transformation.
Therefore, Digital China Group Co.Ltd(000034) put forward the strategy of "digital cloud integration". "Digital cloud integration is the feature of digital economy. Data is an asset. The combination of production factors depends on the technological paradigm. Cloud is the technological paradigm in the era of digital economy. The combination of the two will produce a new economy." Guo Wei said when expounding the strategic connotation.
Behind the proposed "digital cloud integration" strategy is Digital China Group Co.Ltd(000034) since 2017's continuous efforts on the two dimensions of data and cloud, building a moat of capacity and resources. With the deepening of strategic solutions and personalized solutions, it will also provide personalized solutions to new partners.
Digital China Group Co.Ltd(000034) positioned its new value as a "leading digital transformation partner". In the process of slowly developing the digital atlas, it did not settle for the role of service provider, but hoped to become a driver or enabler. In 2022, it may be worth looking forward to what kind of business boundary and performance increment Digital China Group Co.Ltd(000034) will be explored under the new strategy? The practice of human society over the past hundred years has repeatedly repeated the same truth - the subversion of technological paradigm to digitization will also bring Matthew effect to tide makers.
