At present, 89 listed companies in Hubei have disclosed the data of R&D investment in 20 19, with a total investment of 24.257 billion yuan, an increase of 32.67% over the previous year.
The "Best Listed Company in Hubei in 2020 (2nd Session)" was selected based on R&D investment, R&D investment intensity (R&D investment/revenue), number of R&D personnel, educational background, patent rights and opinions of the review committee, and finally Fiberhome Communications (600498) and Gaode Infrared (0024 14) were selected.
In 2020, the results of the "Best Listed Company in Hubei" were released.
Complete Interpretation of the List of Best Listed Companies in Hubei in 2020
The bottom line of competitiveness evaluation of listed companies: legal compliance
80% of enterprises increase investment in research and development.
20 19 Nearly 80% of listed companies in Hubei increased their R&D investment. Among them, there are 36 enterprises with R&D investment exceeding 6,543.8 billion yuan, 3 more than last year.
Gezhouba (600068), Fiberhome Communication, CITIC Special Steel (000708), Wen Tai Science and Technology (600745) and AVIC Electromechanical (0020 13) are 29120,000 yuan, 2.843 billion yuan, 2.786 billion yuan and 20.03% respectively.
According to the annual report, the R&D investment of Gezhouba in 20 19 increased by 38.08% compared with the previous year, mainly due to the increase of funds and investment in scientific research equipment, including the professional transformation of subsidiaries and the establishment of specialized research institutes in key fields such as water conservancy and hydropower, municipal engineering, road and bridge engineering and industrial manufacturing.
Fiberhome Technology, which ranks second in R&D investment, has increased its R&D expenditure for eight consecutive years. In 20 19, Fiberhome Communications spent 2.843 billion yuan on R&D, far exceeding the company's net profit of 979 million yuan.
Wen Tai Science and Technology invested 2.087 billion yuan in R&D last year, an increase of 99.06% over the previous year. The number of R&D employees in the company has increased to 4,455, an increase of 70% over the previous year.
Previously, the communication business of Wen Tai Science and Technology was mainly mobile phones and tablet computers, and now new product lines such as notebook computers and Internet of Things modules have been added. At the same time, the company successfully acquired the semiconductor giant Anshi Semiconductor, and the semiconductor-related business is also growing. In this context, last year, Wen Tai Science and Technology achieved a net profit of 65.438+0.25 billion yuan, a year-on-year increase of 654.38+0.954.98%, and the profit reached a new high.
Last year, three listed companies in Hubei invested less in R&D, namely Changyuan Electric Power (000966), Baichuan Energy (60068 1) and Changjiang Communication (600345), all of which invested less than100000 yuan.
Among them, the R&D investment of Changjiang Communication 20 19 is only 8.2 million yuan, far below the average level of 345 million yuan in A-share communication industry.
From the industry point of view, the R&D investment of listed companies in Hubei in the three major industries of communication, electronics and architectural decoration is the highest, with a total investment of more than 3 billion yuan. The R&D investment in communications and electronics industries is 4.836 billion yuan and 3.972 billion yuan respectively.
In fact, due to the rapid iteration of technology update, enterprises in communication and electronics industries have always needed high R&D investment to maintain their position in the industry.
In addition, the R&D investment of listed companies in commercial trade, food and beverage and non-bank financial industries is relatively low. In 20 19, the R&D investment was 54 million yuan, 46 million yuan and160,000 yuan respectively.
The R&D investment intensity of 8 enterprises exceeds 15%.
Compared with the absolute value of R&D investment, R&D investment intensity (R&D investment/operating income) can more accurately measure the importance of listed companies to R&D. ..
For example, although Gezhouba ranked first among listed companies in Hubei last year, its R&D investment intensity was only 2.65%.
According to EU statistical standards, more than 5% of enterprises have high R&D intensity, and such enterprises are generally considered to have sufficient R&D competitive advantages.
In 20 19, the R&D investment intensity of 38 listed companies in Hubei was above 5%, and that of 4 enterprises such as Jinglun Electronics (600355), Mingde Bio, Gaode Infrared, etc. was above 10%.
Huawei is considered as one of the most R&D companies. The company's annual investment in R&D exceeds 10% of its sales revenue. In 20 19, its R&D investment was131700 million yuan, and its R&D investment intensity was 15.3%. Based on this R&D investment intensity, eight listed companies in Hubei have exceeded this level.
In addition, among the listed companies in Hubei last year, Zhong Bai Group (000759), Changyuan Electric Power, Baichuan Energy, etc. 1% have R&D investment intensity.
It is worth noting that last year, R&D invested the most, and two companies *ST 4 (000760), *ST Fang Ying (000670) and Huazhong Numerical Control (300 16 1) which were warned of delisting risks ranked third.
Companies that have been losing money for years spend a lot of money on research and development, often in order to try to turn things around.
For example, *ST Infront's R&D expenditure in 2065,438+09 was 65,438+0,270.265,438+0.00 yuan, while the company's operating income in that year was only 46,543.8+0.3 million yuan, with a loss of 206 million yuan.
It is understood that the company's R&D investment is mainly used for the expenditure of chips and application solutions. However, despite increased investment in research and development, the company's operations are still sluggish. In the first half of 2020, *ST Infront has suspended its listing.
Award-winning enterprises have their own characteristics
The five best innovative enterprises, such as Fiberhome Technology and Gaode Infrared, selected by the "Best Listed Company in Hubei in 2020 (the second session)" have their own characteristics in technological innovation.
Over the years, Fiberhome Communications has spent more than 65,438+00% of its revenue on the research and development of core and forward-looking technologies, and the company has undertaken a number of national key projects such as "new ultra-large capacity all-optical switching network architecture and key technologies" and "ultra-high-speed ultra-large capacity ultra-long-distance optical fiber transmission".
Last year, Fiberhome Communications' R&D investment reached a record high, and the conversion rate of scientific research achievements remained above 90%. At the same time, the investment in R&D continued to increase, and the company's performance reached a new level. Last year, the revenue was 24.235 billion yuan, and the net profit returned to the mother increased by 65,438+05.99% year-on-year.
In recent ten years, the R&D investment of Goldtech Infrared has also increased year by year, and the R&D investment intensity reached 65,438+09.25% in 2065,438+09. The R&D team has continuously achieved technological innovation in various research fields, from infrared focal plane detector chips to infrared thermal imaging photoelectric systems and new high-tech weapon systems.
Since the beginning of this year, affected by the epidemic, the sales scale of high-tech infrared focal plane detectors, government equipment products and domestic and foreign civilian products has increased substantially. According to the performance forecast, in the first half of this year, the net profit of Gaode infrared returning home will increase by 220%-260% year-on-year.
The actual controller of Guangxun Technology is China Information and Communication Technology Group. The company's business covers data transmission, data communication and so on. Its main customers are Huawei, ZTE and Fiberhome Communications, of which Huawei orders account for 20%. In 20 19, the company invested 538 million yuan in R&D, and realized the year-on-year increase of 8.3% in revenue and 75 1% in profit attributable to the parent company.
The core business of South China University of Technology covers advanced laser manufacturing equipment, optical communication devices, laser holographic anti-counterfeiting and sensors. In recent years, the income of all business segments has achieved steady growth. In 20 19, the company's R&D investment increased by 1 1.69% compared with the previous year.
Mingde Bio was also rated as the best innovative listed company in Hubei Province, mainly engaged in the research and development, production and sales of POCT (rapid detection) rapid diagnosis products.
In recent years, the company has invested no less than 0/5% of its total revenue in product research and development and technological innovation every year, and has mature R&D and production strength in multi-technology platforms such as POCT, molecular diagnosis, chemiluminescence, mobile ECG and blood gas analysis.
During the epidemic, Mingde Bio launched novel coronavirus nucleic acid detection kit in time, and the products were sold to more than 50 countries. According to the performance forecast, it is estimated that the profit in the first half of 2020 will be 65.438+0.8 billion yuan to 230 million yuan, up by 347%-4,765.438+0% year-on-year.
Editor Li Jiang Wu Ling