China's well-known auto parts supplier, Desay SV, concluded a rather lucrative year, according to the company's 2021 annual performance projection released on January 10th.
Main productsIntelligent Cockpit Intelligent Interaction System: Central Control Host, Infotainment System Intelligent Display System: Head-Up Display (HUD), Augmented Reality Head-Up Display (AR-HUD), Instrument Cluster Display, Liquid Crystal Instrument Cluster, Electronic Rearview Mirror Intelligent Domain Control Platform: Intelligent Driving Domain Controller, Cockpit Domain Controller, Body Domain Controller Intelligent Driving Intelligent Driving Computing System: Integrated Driving and Parking Domain Controller, DMS Integration Intelligent Driving Sensors: Camera, Millimeter-Wave Radar, Ultrasonic Radar, LiDAR, Smart Antenna Intelligent Transportation System Connectivity Services Ecosystem Software: Blue Whale Ecosystem Basic Software: Vehicle OTA System, Ethernet Protocol Stack, System-Level Middleware, Cybersecurity Services, AI Algorithms Smart Access: Digital Key UWB+BLE+NFC Hardware, RF Design, Cybersecurity, Cloud Management Platform, Mobile SDK More Air Conditioning Control Panel, Telematics Box (T-Box), Wireless Phone Charger, USB Module/Charger
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers
Beijing (Gasgoo)- China's well-known auto parts supplier, Desay SV, concluded a rather lucrative year, according to the company's 2021 annual performance projection released on January 10th.
Photo credit: Desay SV
The projection showed the estimated net profit attributable to shareholders should amount to RMB800-850 million ($125.55-133.4 million), representing a 54.4%-64.05% surge from the previous year's RMB518.15 million ($91.26 million).
The net profit after non-recurring deductions should be around RMB785-835 million ($123.2-131.05 million), soaring a remarkable 69.88%-80.7% year on year. The company's net profit after deductions was RMB462.09 million ($72.52 million) in 2020.
Desay SV said that the company's business was severely challenged by the supply crunch and price increase of chips and raw materials. In order to guarantee customer service and delivery, the company has been improving its R&D and supply chain management capabilities.
In the meantime, Desay SV has been continuously laying out in the ongoing intellectualization. Actually, the estimated revenue boost in its 2021 annual performance should be credited to the company’s growing performance in the automotive intelligence field, namely the intelligent cockpit, intelligent driving, and network services.
Desay SV has launched multiple projects in the area, along with various products starting mass-production.
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com
