On April 24, Dbg Technology Co.Ltd(300735) ( Dbg Technology Co.Ltd(300735) ) released its first quarterly report. During the period, the operating revenue was 1.072 billion yuan, a year-on-year increase of 107.36%; The net profit attributable to the parent company was 465031 million yuan, a year-on-year increase of 107.17%.
According to the annual report disclosed on the same day, the company achieved an operating revenue of 3.604 billion yuan in 2021, a year-on-year increase of 57.68%; The net profit attributable to the parent company was 353 million yuan, a year-on-year increase of 10.62%; It is proposed to distribute a cash dividend of 2 yuan for every 10 shares.
According to the annual report, Dbg Technology Co.Ltd(300735) main business EMS manufacturing gross profit margin is 20.54%; In terms of products, the gross profit margins of consumer electronics and network communication are 21.84% and 13.89% respectively.
Dbg Technology Co.Ltd(300735) said in the annual report that after experiencing the great impact of the warming of the Sino US trade war on the company’s original key customer orders since 2020, the company actively responded to external adverse factors, introduced new customers to fill the missing share of the original key customers, completed the optimization of customer structure and got rid of the original high dependence on key customers. At the same time, on the basis of the original communication terminal business, we have vigorously expanded smart wear, automotive electronics and other businesses, and achieved remarkable results through the introduction of new products from industry leading customers.
Dbg Technology Co.Ltd(300735) is mainly engaged in PCBA and finished product assembly of consumer electronics, network communication, automotive electronics and other electronic products, as well as electronic product manufacturing services (EMS). In terms of consumer electronics, the main customers include Xiaomi, glory, Huawei, etc.
The company said on the interactive platform not long ago that in the first quarter of this year, the demand of customers including Xiaomi, glory and Huawei was strong, and the order trend was good, with a very obvious increase compared with the same period last year.
In addition, automotive electronics has become the second growth curve of the company. The company has recently completed the batch production and shipment of the first batch of on-board radar sensors of Valeo project; Meanwhile, Valeo car reversing camera project is expected to start batch delivery in April.
According to the Research Report of capital securities, Dbg Technology Co.Ltd(300735) cooperates closely with Huawei. In addition to the field of mobile phones and whole scene smart life, the company also provides Huawei with manufacturing services such as on-board communication modules, and actively cooperates with relevant departments of Huawei automotive projects.
