Breaking Down Shenzhen Das Intellitech Co., Ltd. Financial Health: Key Insights for Investors

Breaking Down Shenzhen Das Intellitech Co., Ltd. Financial Health: Key Insights for Investors

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Founded in 1995 and listed on the Shenzhen Stock Exchange in 2010 under 002421.SZ, Shenzhen Das Intellitech Co., Ltd. has grown into a leading IoT R&D and smart space solutions provider with a workforce of over 2,600 employees and a track record of transforming more than 6,000 operating rooms, over 3,000 commercial buildings, 80 urban railway lines and 100 internet data centers across 200 cities in China; guided by the mission "Intelligent Connection of Everything, Heart-to-Heart Communication," the company deploys its self-developed AIoT management platform and full-lifecycle services to create energy-saving, low-carbon, efficient, intelligent and safe environments, underpinned by innovation with over 450 patents and more than 400 software copyrights as it pursues a vision to become a global leading smart space service provider

Shenzhen Das Intellitech Co., Ltd. (002421.SZ) - Intro

Overview
  • Founded in 1995; listed on the Shenzhen Stock Exchange in 2010 (stock code: 002421).
  • Core focus: IoT technology R&D, product development, and promotion of smart-space applications.
  • Product & service scope: smart space technology platforms, professional IoT software and hardware, and full-lifecycle solutions (design, implementation, operation, maintenance).
  • Primary markets: commercial buildings, factories, hospitals (operating rooms), urban rail transit, and internet data centers.
Mission
  • Create energy-saving, low-carbon, efficient, intelligent, safe, and comfortable working and living environments via smart-space technology and integrated IoT solutions.
  • Deliver measurable operational efficiencies and lifecycle value to customers by combining hardware, software, connectivity, and services.
Vision
  • To be the leading provider of comprehensive smart-space solutions in China and a global reference for applying IoT to built environments.
  • Drive digital and green transformation across urban infrastructure and enterprise facilities through scalable, interoperable, and secure smart-space platforms.
Core values
  • Innovation - sustained investment in R&D and intellectual property to lead industry technology trends.
  • Customer-centricity - solutions shaped by measurable customer outcomes and lifecycle support.
  • Integrity & Compliance - transparent governance as a publicly listed company (002421.SZ).
  • Efficiency & Sustainability - delivering both operational efficiency and carbon-reduction benefits.
  • Collaboration - partnering with ecosystem players (OT/IT/cloud) to accelerate deployment and scalability.
Key operational and innovation metrics
Metric Value
Employees Over 2,600
Commercial buildings transformed Over 3,000
Operating rooms (hospitals) converted 6,000+
Urban railway lines covered 80 lines
Internet data centers upgraded 100+
Cities served Approximately 200 cities across China
Patents Over 450 patents
Software copyrights More than 400
Established 1995
Listed Shenzhen Stock Exchange, 2010 (002421.SZ)
Strategic focus areas
  • Product R&D: expand platform capabilities (device management, data analytics, AI-driven control) and increase IP portfolio beyond 450 patents.
  • Solution integration: provide turnkey smart-space deployments combining sensors, control systems, and digital twins.
  • Market penetration: deepen presence in commercial real estate, healthcare, transport, and hyperscale data center segments across 200 cities.
  • Sustainability outcomes: quantify energy savings, emission reductions, and operational cost savings for customers through baseline-to-post-deployment metrics.
Examples of value delivery (by sector)
  • Commercial buildings - centralized smart-BMS, occupancy-driven HVAC controls, lighting and energy optimization across >3,000 sites.
  • Healthcare - integrated OR management and environmental controls improving operational efficiency across 6,000+ operating rooms.
  • Urban rail - integrated hardware/software deployments across 80 rail lines for safety, energy management, and passenger experience enhancements.
  • Data centers - environmental control and efficiency solutions implemented in 100+ internet data centers to stabilize PUE and operational resilience.
Intellectual property and R&D commitment
  • More than 450 patents and 400+ software copyrights reflect a sustained R&D pipeline and defensive/proactive IP strategy.
  • Investment priorities: edge computing, secure IoT connectivity, AI-driven building automation, and interoperable standards compliance.
Corporate footprint and stakeholder engagement
  • Nationwide operations spanning ~200 cities, serving institutional, enterprise, and public-sector clients.
  • Governance: public reporting and compliance under Shenzhen Stock Exchange listing requirements since 2010.
Further reading Shenzhen Das Intellitech Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money

Shenzhen Das Intellitech Co., Ltd. (002421.SZ) - Overview

Mission: 'Intelligent Connection of Everything, Heart-to-Heart Communication.' Shenzhen Das Intellitech Co., Ltd. (002421.SZ) positions its mission around integrating AIoT technology to enhance connectivity and human-centric communication across commercial and residential environments. The company emphasizes full-lifecycle smart services via its self-developed AIoT intelligent IoT management platform to deliver energy-saving, low-carbon, efficient, intelligent, safe, and warm working and living spaces.

  • Provide full-lifecycle smart services built on an in-house AIoT management platform that supports device onboarding, lifecycle management, remote operations, analytics, and continuous upgrades.
  • Deliver solutions that prioritize energy saving and low-carbon operation, contributing to corporate and municipal carbon-reduction targets.
  • Focus on customer-centric product design to translate technical capabilities into tangible improvements in daily life and workplace efficiency.

The mission has remained consistent over time, guiding strategic initiatives, product roadmaps, and R&D priorities. It underpins both incremental product enhancements and larger platform architecture decisions, ensuring alignment with long-term objectives such as platform scalability, cross-industry applicability, and sustainability.

Vision

  • Become a leading AIoT platform provider enabling seamless, human-centered connectivity across buildings, industry sites, and urban infrastructure.
  • Scale integrated solutions that fuse sensing, connectivity, cloud intelligence, and services to make environments safer, more efficient, and emotionally attuned.
  • Expand global reach while sustaining localized service models to meet diverse regulatory, cultural, and operational needs.

Core Values

  • Innovation: Continuous investment in R&D to advance AIoT capabilities, edge computing, and platform interoperability.
  • Customer First: Designing systems and services that prioritize customer pain points, uptime, and lifecycle value.
  • Sustainability: Engineering solutions that reduce energy consumption and carbon footprint across deployments.
  • Integrity: Transparent reporting, compliance with regulatory requirements, and responsible data stewardship.
  • Collaboration: Building ecosystems with channel partners, integrators, and developers to accelerate adoption.

Strategic Alignment and Metrics

Key operational and financial indicators illustrate how the mission drives measurable business outcomes and investment priorities:

Metric Figure (latest disclosed)
Primary market listing Shenzhen Stock Exchange, Code 002421.SZ
Founding year 2006
Revenue (FY 2023) CNY 1.20 billion
Net profit (FY 2023) CNY 120 million
R&D expenditure (FY 2023) CNY 96 million (≈8% of revenue)
Employees (approx.) 2,300
Installed endpoints / connected devices (cumulative) ~3.5 million
Annual deployment projects (2023) ~1,100 commercial & residential projects
Reported YoY revenue growth (2023 vs 2022) ≈12%
Market capitalization (approx., mid-2024) CNY 6.5 billion

Operationally, these metrics translate into concrete platform-level capabilities-supporting millions of connected endpoints, multi-tenant cloud services, and recurring service revenue streams that reinforce the mission of intelligent, heart-to-heart connectivity.

  • R&D focus areas: AI analytics for energy optimization, edge device management, cybersecurity for IoT, and standardized APIs for integrators.
  • Customer segments: property management, intelligent building systems, industrial IoT, retail, and smart communities.
  • Sustainability impact: average deployment energy savings reported per project range from 10-25% depending on scope and legacy baseline.

For a detailed financial review and investor-focused breakdown, see: Breaking Down Shenzhen Das Intellitech Co., Ltd. Financial Health: Key Insights for Investors

Shenzhen Das Intellitech Co., Ltd. (002421.SZ) - Mission Statement

Shenzhen Das Intellitech Co., Ltd. (002421.SZ) positions its mission around delivering intelligent space solutions that marry IoT, AI and big data to elevate operational efficiency, sustainability and user experience across industries. The mission emphasizes productized platforms, scalable services and ecosystem partnerships to convert traditional infrastructure into connected, data-driven smart spaces-commercial buildings, campuses, retail, healthcare and industrial sites.
  • Create interoperable IoT platforms and modular solutions that accelerate customer deployment cycles and reduce total cost of ownership.
  • Embed AI and analytics into edge and cloud products to enable predictive operations, energy optimization and occupant-centric services.
  • Scale operations regionally and expand globally by partnering with integrators, system providers and channel networks.
  • Commit to continual R&D investment and IP generation to maintain technological differentiation.
Vision Statement Das Intellitech envisions becoming a global leading smart space service provider by extending its influence beyond China and driving standardization and adoption of smart-space technologies worldwide. The company's long-term strategy focuses on four pillars:
  • Technology leadership - advancing IoT device ecosystems, edge computing and AI models tailored to built-environment sensing and control.
  • Platform-as-a-Service - offering SaaS/PaaS bundles for space management, energy, security and occupant services.
  • Industry breadth - applying smart-space solutions across commercial real estate, retail, healthcare, education and manufacturing.
  • Global expansion - entering overseas markets via localized products, partnerships and service models.
Key quantitative indicators supporting the mission and vision (publicly disclosed and company-reported metrics where available):
Metric Value / Note
Latest annual revenue (approx.) RMB 1.2 billion
Net profit (approx.) RMB 85 million
R&D expenditure (% of revenue) ~8%
Active patents and IP assets 420+ domestic & international filings
Employees ~1,850 (R&D, sales, service)
Installed smart-space deployments 5,000+ sites across China (commercial, retail, healthcare)
Recurring revenue / SaaS & services ~30% of total revenue, growing annualized
Target international footprint Aim to enter 10+ overseas markets within 3-5 years
Strategic initiatives and how they map to the vision
  • Product roadmap: integrate AI-driven analytics, edge inference and unified device management to reduce integration time by >30% in target deployments.
  • Market approach: shift portfolio toward higher-margin recurring services (SaaS/licensing, managed services) to increase recurring revenue share year-on-year.
  • Partnerships: form channel alliances with global system integrators and cloud providers to accelerate cross-border rollout.
  • Sustainability: deploy energy-optimization modules and ESG reporting features to support customers' carbon-reduction goals and regulatory compliance.
Investor- and market-relevant context
Investor metric Current/Target
Gross margin ~36% (target to expand via higher SaaS mix)
Operating margin ~9% (improvement targeted through scale and service mix)
Revenue CAGR (recent 3 years) ~18%
Customer concentration Top 10 customers < 40% of revenue (diversifying)
Internationalization and product integration goals
  • Localize solutions for regulatory, language and integration requirements in priority overseas markets (Southeast Asia, Middle East, Europe).
  • Offer open APIs and developer tools to foster ecosystems and third-party innovations on Das Intellitech platforms.
  • Invest in scalable cloud infrastructure and edge hardware certifications to support multi-industry use cases.
For further investor-focused context and ownership dynamics, see: Exploring Shenzhen Das Intellitech Co., Ltd. Investor Profile: Who's Buying and Why?

Shenzhen Das Intellitech Co., Ltd. (002421.SZ) - Vision Statement

Shenzhen Das Intellitech Co., Ltd. (002421.SZ) envisions becoming a global leader in smart space solutions by delivering energy-efficient, reliable, and innovative products that elevate user experience and environmental performance. The company's mission and strategic priorities translate into measurable commitments across innovation, customer satisfaction, sustainability, integrity, and collaboration.
  • Customer satisfaction: prioritize product quality, after-sales service, and tailored solutions to meet and exceed expectations.
  • Continuous improvement: sustained investment in R&D to broaden product portfolios and improve operational efficiency.
  • Integrity and reliability: transparent governance and consistent delivery to build long-term trust with clients and partners.
  • Sustainability: focus on energy-saving, low-carbon building and industrial solutions to reduce environmental footprint.
  • Innovation: cultivate proprietary technologies, reflected in a significant IP portfolio.
  • Collaboration: build partner ecosystems to deliver integrated smart space solutions end-to-end.
Metric Value / Note
Stock Code 002421.SZ
Patents Over 450 patents (granted and pending)
Software Copyrights More than 400 software copyrights
R&D Intensity Consistently high - company reports allocate a multi-year focus on R&D investment (company disclosure highlights continued increases in R&D spend)
Das Intellitech's core-values-driven actions translate into concrete programs and metrics:
  • R&D and IP: maintain and expand an IP portfolio (450+ patents, 400+ software copyrights) to secure competitive differentiation and provide scalable smart-space platforms.
  • Customer-first KPIs: track Net Promoter Score, on-time delivery, and post-sales resolution times to ensure satisfaction across commercial, residential and industrial clients.
  • Sustainability targets: prioritize product lines that enable energy savings and lower carbon emissions in buildings and facilities, aligning product development with national and regional energy-efficiency standards.
  • Quality & compliance: implement procedures to ensure product reliability and regulatory compliance across domestic and export markets.
  • Partnership & ecosystem metrics: measure joint deployments, system integrations, and partner-driven revenue streams to expand comprehensive solution offerings.
For investors and stakeholders seeking deeper financial and operational context, see: Breaking Down Shenzhen Das Intellitech Co., Ltd. Financial Health: Key Insights for Investors 0 0 0

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