Recently, the Financial Industry Listed Company Research Institute released the "Financial Industry·Small and Medium-sized Cap Stocks Quantitative Evaluation of the Basic Value of Small and Medium-Cap Stocks (2021-Q1)". This list is a quantitative data evaluation based on the comprehensive fundamental value evaluation and risk signal correction of A-share small and medium-sized market value listed companies. The background of this research is that the current domestic secondary market "institutional group" of heavyweight stocks, and this differentiation has caused a large number of small and medium-sized listed companies to lack liquidity. Under the general trend of value investment, abnormal market conditions will surely end. In the market choice, will small and medium-sized listed companies with excellent fundamentals and stable financial report data be welcomed by medium- and long-term funds? Worth paying attention.
listed company profile: Dali Technology (002214.SZ), a private enterprise, full name is Zhejiang Dali Technology Co., Ltd. The main businesses cover non-cooled infrared focal plane detectors, infrared thermal imagers, optoelectronic systems and inspection robots with thermal imaging technology as the core. The company's products have high popularity and credibility in the power industry, security industry, , fire protection, maritime, construction inspection and other industries, and have been highly recognized by the market. Its chairman is Pang Huimin , born in 1966, with a bachelor's degree and a senior engineer. Since July 2001, he has served as chairman and general manager of Zhejiang Dali Technology Co., Ltd. He is currently the chairman and general manager of Zhejiang Dali Technology Co., Ltd., and is also the chairman of Hangzhou Dali Microelectronics Co., Ltd.
This time, modeled the subjective value judgments such as profitability, profit growth, capital scale, capital advantage, scientific and technological innovation value, and risk correction, as well as industry deviation coefficient and early warning signals. In the quantitative evaluation of A-share small and medium-sized listed companies, Dali Technology entered the top 100 comprehensive evaluations.
Capital market information: Dali Technology is located in Hangzhou City, Zhejiang Province. It was listed on the Shenzhen Stock Exchange SME Board on February 18, 2008. As of the close of February 18, 2021, its market value has reached 11.815 billion yuan, ranking 10th among other electronics industries ( Shenwan second-level).
operating data: In the third quarter of 2020, Dali Technology achieved operating income of 818 million yuan and performance of 339 million yuan. During the same period, its revenue and performance increased by 106.90% and 270.03% year-on-year respectively, ranking 7th and 17th among other electronics industries respectively. The net profit margin of sales was 41.51%, and the gross profit margin of sales was 61.83%.
Chart: Financial Listed Company Research Institute Data source: Juling Finance
Science and Technology Innovation Investment: In the first three quarters of 2020, Dali Technology R&D expenses were 80 million yuan, accounting for 9.81% of the total operating income in the current period. R&D expenses were RMB 88 million in 2019, R&D expenses were RMB 63 million in 2018, and R&D expenses were RMB 51 million in 2017, accounting for 16.62%, 14.86% and 16.95% of the current revenue respectively.
Latest news: On February 3, 2021, Dali Technology issued an announcement stating that the board of directors passed the "Proposal on Signing the "Three-Party Supervision Agreement for Raising Funds" and successfully completed the company's non-public additional issuance matters. In mid-2020, Dali Technology was added with a private placement of 41.259 million shares, with an issue price of 23.51 yuan per share, and the total amount of funds raised was 969 million yuan. After deducting underwriting fees, sponsorship fees and other expenses, the net amount of funds raised is 959 million yuan.
