Daotong Technology's results rose 160.72 percent in the first three quarters, with five peers performing well.
DATE:  Oct 24 2023

Recently, Dao Tong Technology disclosed the third quarter of 2023, the first three quarters of revenue rose 41.81 percent year-on-year, attributable net profit rose 160.72 percent year-on-year, deducting non-attributable net profit rose 224.29 percent year-on-year. In addition to Daotong Technology, in the computer equipment industry, there are five listed companies that have disclosed their operating results in the first three quarters, the New World has seen a high increase, and the other four companies have also achieved a year-on-year increase in net profit attributable to (parent).

Source: Photo Network

Source: Photograph Network

Daotong Technology's first three-quarter results rose 160.72 percent year-on-year, leading the way

According to our incomplete statistics, as of October 23, 2023, a total of 8 listed companies in the-share computer equipment sub-industry have disclosed their operating results in the first three quarters of 2023, and 6 have improved their operating results year-on-year. Among them, the year-on-year increase in net profit attributable to Shenzhen Daotong Technology Co., Ltd. (securities abbreviation: Daotong Technology; securities code: 699208.SH).

Daotong Technology is a listed company focusing on the research and development, production, sales and service of automotive intelligent diagnosis, detection and analysis systems and automotive electronic components. The company's products are mainly sold in more than 70 countries and regions such as the United States, Europe, Japan and Australia.

On October 21, 2023, Daotong Technology disclosed its Third Quarter 2023 Report.

According to the third quarterly report of Daotong Technology, in the first three quarters of 2023, the company's revenue was 2.19 billion yuan, up 41.81 percent from the same period last year; the attributable net profit was 0.267 billion yuan, up 160.72 percent from the same period last year; and the non-attributable net profit was 0.268 billion yuan, up 224.29 percent from the same period last year.

In the first three quarters of 2023, Daotong Technology's operating performance rose sharply year-on-year, and it was in a leading position in the industry. This was mainly due to the continuous and steady growth of the company's traditional automotive intelligent diagnostic business, the rapid development of the new energy charging pile business, and the effective and reasonable expenses during the period. control.

New World's attributable net profit increased by 100% year-on-year, following Daotong Technology

New World Digital Technology Co., Ltd. (securities abbreviation: New World; securities code: 000997.SZ) is a digital service provider integrating intelligent terminals, big data processing capabilities and data scenario operation capabilities. The company's business scope covers more than 100 countries and regions in the world.

on October 13, 2023, the "performance forecast for the first three quarters of 2023" disclosed by new continent showed that in the first nine months of 2023, the company's attributable net profit was 0.766 billion yuan to 0.866 billion yuan, up 106 to 133 percent year-on-year, and the company's attributable net profit in the first three quarters was second only to daotong technology. Deduction of non-attributable net profit was 0.826 billion yuan to 0.926 billion yuan, up 74% to 95% year-on year.

New World maintained a good growth trend in the first three quarters of 2023 by continuously optimizing its business strategy. In terms of merchant operations and value-added services, the company grasped the conditions for the recovery of domestic offline consumption and optimized the cost structure; in terms of smart terminals, the company continued to seize the opportunities for the rapid development of overseas mobile payments, strengthened the localization of overseas business deployment, and improved profitability. The main reason for the sharp increase in performance in the three quarters.

There are also 4 listed companies in the same industry performing well

in addition to daotong technology and new continent, there are Shanghai baichu electronic technology co., ltd. (securities abbreviation: baichu electronics; Securities code: 688188.SH), Jiangsu pass treasure smart transportation technology co., ltd. (securities abbreviation: pass treasure; Securities code: 301339.SZ), carlett cloud technology co., ltd. (securities abbreviation: carlett; Securities code: 301391.SZ) and short for Shuguang Information Industry Co., Ltd: zhongke Shuguang; Securities Code: 603019.SH) 4 listed companies in the computer equipment industry, the first three quarters of 2023 results rose year-on-year.

Pachu Electronics is a software company engaged in the research and development, production and sales of industrial automation systems. It is committed to providing stable and efficient automation control solutions to promote the development of China's industrial automation.

On October 11, 2023, Perch Electronics disclosed its Third Quarter 2023 Report.

According to the third quarterly report of Baichu Electronics, from January to September 2023, the company's revenue was 0.991 billion yuan, up 51.91 percent from the same period last year; the attributable net profit was 0.572 billion yuan, up 47.99 percent from the same period last year; and the non-attributable net profit was 0.528 billion yuan, up 41.57 percent from the same period last year.

In the first three quarters of 2023, the revenue and net profit of Pachu Electronics increased significantly year-on-year, mainly due to the company's continuous market development, optimization of product structure, laser processing control system business and intelligent cutting head business orders increased significantly.

The main business of Tongbao includes the intelligent transportation electronic toll collection business with ETC as the carrier, the intelligent transportation operation management system business with cloud technology as the platform, and the intelligent transportation derivative business.

on October 12, 2023, pass treasure disclosed the first three quarters of 2023 results express.

the performance bulletin shows that in the first three quarters of 2023, the revenue of pass treasure was 0.452 billion yuan, up 24.82 percent from the same period last year; the attributable net profit was 0.155 billion yuan, up 45.39 percent from the same period last year; and the non-attributable net profit was 0.146 billion yuan, up 50.19 percent from the same period last year.

in the first three quarters of 2023, the revenue and net profit of pass treasure achieved a relatively high growth, mainly due to the company's efforts to increase the ETC issuance and promotion of offline outlets, cooperation channels and online platforms, and optimize the product system. Further increase the market expansion of supply chain collaborative services and video streaming business; We will continue to carry out lean management and cost reduction and efficiency enhancement, thus promoting a year-on-year surge in electronic toll business income and intelligent transportation derivative business income, the company's gross margin increased significantly.

Carlet is a video processing algorithm as the core, hardware equipment as the carrier, to provide customers with video image field professional display control products listed companies. The main products include LED display control system, video processing equipment and cloud networking player.

on October 23, 2023, the third quarter report of 2023 disclosed by kalet showed that in the first nine months of 2023, the company's revenue was 0.568 billion yuan, up 33.87 percent from the same period last year; the attributable net profit was 0.11 billion yuan, up 42.51 percent from the same period last year; and the non attributable net profit was 82.5895 million yuan, up 21.91 percent from the same period last year.

According to the third quarter report of Carlett, the expansion of the company's product sales scale is the main reason for the significant increase in the company's revenue and net profit in the first three quarters compared with the same period last year.

Zhongke Shuguang is mainly engaged in the R & D and manufacturing of high-end computer, storage, security, and data center products, and vigorously develops digital infrastructure construction and intelligent computing.

on September 27, 2023, zhongke shuguang disclosed the announcement of pre-increase in results for the first three quarters of 2023.

The announcement shows that from January to September 2023, Zhongke Shuguang is expected to achieve a net profit of 0.686 billion yuan to 0.752 billion yuan, up 5% to 15% year-on-year.

The main reason for the positive growth in net profit attributable to the parent company is that Zhongke Shuguang focuses on the production and operation of its main business, continues to increase R & D investment, strengthens self-research product development, improves marketing and service capabilities, and launches market competition. Competitive products and solutions.

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