On the evening of February 25, Dingyang Technology released the announcement of the 2023 annual performance express report, which showed that in 2023, Dingyang Technology achieved an operating income of 48,322800,000 yuan, a year-on-year increase of 2150%；The company's gross profit margin increased to 61 for the whole year50%, compared with 57% year-on-year gross profit margin in 202254%, an increase of 396 percentage points. As a leading enterprise of electronic measuring instruments in China, high-resolution oscilloscope is one of the four main products of Dingyang Technology, which also has a significant growth rate in terms of performance, which has a positive impact on its overall revenue growth.
The product matrix has been further improved, and the growth rate of high-resolution oscilloscopes is gratifying.
In 2023, Dingyang Technology will release a total of 7 new products, namely high-resolution digital oscilloscopes SDS3000X HD, SDS1000X HD, SDS800X HD, 8-channel digital oscilloscope SDS6000 Pro, handheld vector network analyzer SHN900A, programmable linear DC power supply SPD4000X, and handheld signal analyzer SHA860A. It can be seen that while the existing product matrix is broadened, Dingyang Technology has also expanded the new category of handheld signal analyzers, and once again enhanced its competitiveness in the domestic market.
It is reported that in 2023, the sales revenue of Dingyang Technology's products of all grades will continue to grow, and it will perform well in the domestic high-resolution oscilloscope and RF microwave product market. It is worth mentioning that the maximum bandwidth of the high-resolution digital oscilloscope of Dingyang Technology can reach 8GHz, which can be widely used in the third generation of semiconductors, high-precision power supplies, medical, automotive electronics, industrial electronics and other fields. The revenue growth rate of this type of product is remarkable, and the domestic revenue increased by 68% year-on-year77%, which is significantly faster than the overall level.
R&D investment has been further increased, and the high-end strategy has been effective.
Dingyang Technology is a national key "little giant" enterprise, and is one of the very few general electronic test and measurement instrument enterprises in the world with the R&D, production and sales capabilities of the four main products of digital oscilloscope, signal generator, spectrum analyzer and vector network analyzer.
As a R&D-oriented scientific and technological innovation enterprise, Dingyang Technology always believes that technological innovation is the foundation for enterprises to maintain their market position and brand core competitiveness. In 2023, the R&D expenses of Dingyang Technology will be 8,632840,000 yuan, a year-on-year increase of 4984%, accounting for 17 percent of operating income86%, compared to 14 in the same period last year49%, an increase of 337 percentage points.
Based on the continuous increase in R&D investment, Dingyang Technology continues to expand the existing product line vertically through years of technical reserves, maintains the release frequency of at least 4-8 new products per year in recent years, completes the iterative upgrading of its products and technologies, and ensures the long-term stability of product competitiveness and performance.
Driven by high R&D investment, Dingyang Technology's products continue to be high-end, maintaining a good trend of increasing the price and volume of high-end products. According to the report, the operating income of Dingyang Technology's high-end products increased by 55% year-on-year00%, the proportion of high-end products increased to 22%, an increase of nearly 4 percentage points from 18% in the same period last year, driving the average unit price of the four categories of products to increase by 23 year-on-year40%。
From the point of view of the sales unit price of the product, the sales of products with a unit price of more than 30,000 yuan increased by 90% year-on-year06%, sales of products with a unit price of more than 50,000 yuan, sales increased by 15825%。The higher the selling price of the product, the faster the growth, reflecting the trend of domestic high-end substitution, Dingyang Technology's product competitive advantage is still obvious.
Dingyang Technology is one of the very few enterprises in China that has four main products: digital oscilloscope, signal generator, spectrum analyzer and vector network analyzer, and has entered the high-end field across the board. In 2023, despite the fierce market competition, thanks to the acceleration of the high-end process of products, Dingyang Technology will still make steady progress, and its performance will achieve comprehensive growth, and the performance of high-resolution oscilloscope products will be particularly good, and it will generally hand in a high-score answer sheet.
The electronic measuring instrument industry is a national basic and strategic industry, due to the late start of the industry, the demand for localization in the high-end market, and due to the rapid development of aerospace, new energy vehicles, Internet of Things, 5G applications, radio frequency front-end and other industries, general electronic measuring instruments have broad prospects.
As an industry leader, Dingyang Technology is expected to continue to move towards the high-end field through the continuous improvement of R&D capabilities and brand influence, and lead the development of the domestic electronic measuring instrument industry.