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MarketScreener Homepage  >  Equities  >  SHENZHEN STOCK EXCHANGE  >  Zhejiang Dahua Technology Co., Ltd.    002236   CNE100000BJ4

ZHEJIANG DAHUA TECHNOLOGY CO., LTD.

(002236)
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Zhejiang Dahua Technology : †Dahua Thermal Solution Supports Epidemic Prevention and Control

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03/02/2020 | 10:26am EDT

The year 2020 is bound to be a special year with the outbreak of coronavirus disease 2019 (COVID-19) globally. Until today, the highly contagious disease has taken away many lives, especially in China, South Korea, Japan, and some countries in Europe and Middle East.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200302005479/en/

Dahua Thermal Solution to Measure Human Body Temperature (Photo: Business Wire)

Dahua Thermal Solution to Measure Human Body Temperature (Photo: Business Wire)

Dahua Technology, a world-leading video-centric smart IoT solution and service provider, has been an early participant in the epidemic prevention and control in Asia, joining the global efforts in combating the virus to minimize the impact on mankind. Since sending its first batch of thermal cameras to the hardest-hit area Wuhan on January 24th, Dahua thermal solution has been deployed in thousands of sites in China, including transportation hubs, commercial complexes, banks, and other places, and some are on the way to multiple countries in Asia.

Hong Kong, a financial capital in Asia, also suffers from the COVID-19 epidemic situation. Dahua Thermal Solution has been applied in some local business complexes, banks, company parks, and other places. To enable a safe and smooth work resumption recently, quite a few major corporations have been using Dahua Thermal Solution in their headquarters to improve their workplace safety, such as Paul Y. Engineering Group Limited. Dahua Thermal Solution measures the body temperature of their employees, handling thousands of staff flow every day. Compare to the traditional way of body temperature measurement – a forehead thermometer, using Dahua Thermal Solution will significantly improve speed and accuracy, meanwhile help reduce cross-infection via non-contact measurement. To measure the temperature of 5,000 people, it will take about 4.2 hours using a forehead thermometer, as it takes at least 3 seconds to measure a person. However, it takes only 30 minutes if you use Dahua Thermal Solution, which measures 3 person per second. It also features a high accuracy of ±0.3℃ .

“Dahua Thermal Solution helped us detect a couple of suspected cases in just a few hours of operation, which we greatly appreciate,” a Hongkong user commented.

Dahua Thermal Solution has been on the front line since the very beginning, helping with the epidemic prevention and control in airports, railway stations, hospitals, schools, and other sites all over Asia. Featuring high accuracy, high efficiency, strong adaptability and easy deployment, Dahua Thermal Solution can also be applied to all kinds of entrances and exits, kitchens and kindergartens.

© Business Wire 2020

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Financials
Sales 2020 27 596 M 4 110 M 4 110 M
Net income 2020 3 809 M 567 M 567 M
Net cash 2020 2 524 M 376 M 376 M
P/E ratio 2020 17,8x
Yield 2020 0,75%
Capitalization 67 321 M 10 027 M 10 027 M
EV / Sales 2020 2,35x
EV / Sales 2021 1,94x
Nbr of Employees 13 658
Free-Float 51,7%
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Technical analysis trends ZHEJIANG DAHUA TECHNOLOGY CO., LTD.
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 23,43 CNY
Last Close Price 22,53 CNY
Spread / Highest target 33,2%
Spread / Average Target 4,01%
Spread / Lowest Target -33,4%
EPS Revisions
Managers
NameTitle
Ke Li President, General Manager & Director
Li Quan Fu Chairman
Mao Yuan Song Chairman-Supervisory Board
Mei Zhong Wei VP, Chief Financial & Accounting Officer
Jun Wu Vice Chairman & Vice President
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