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BathroomCabinets"DominateTheWorld".In2021,TheRevenueExceeded320Million.ThisEnterpriseListedOnTheNewThirdBoard.|VIGAFaucetӨндіруші

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Жуынатын бөлмеге арналған шкафтар “Dominate The World”. жылы 2021, The Revenue Exceeded 320 Миллион. This Enterprise Listed On The New Third Board.

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Bathroom Cabinets

Жуынатын бөлмеге арналған шкафтар “Dominate The World”. жылы 2021, The Revenue Exceeded 320 Миллион. This Enterprise Listed On The New Third Board.

Zhejiang TONA Home Co., Ltd, бұдан әрі деп аталады “TONA Home”, disclosed its public transfer prospectus on March 8, 2022. The company’s listing materials on the National Small and Medium-sized Share Transfer System (New Third Board) were officially accepted. The total number of listed shares is 35 миллион акция, and the sponsor broker is Xiangcai Securities Co.

 

Revenue in 2021 exceeded 320 миллион, with a year-on-year growth trend

According to the public transfer prospectus, TONA home formerly known as Linhai TONA Sanitary Ware Co. On October 29, 2021, it changed to a joint-stock company as a whole. The registered capital of the company is 35 миллион юань. Its legal representative is Shen Rongyan, who directly holds 22,312,500 shares of the company, есепке алу 63.75% of its total share capital.Bathroom Cabinets

TONA Home’s main business is the design, Зерттеу және даму, production and sales of bathroom home products, covering the full range of bathroom furniture, ванна, Жуынатын бөлмелер, intelligent toilets and other bathroom home products. The company’sTONAbrand was awarded asZhejiang Export Famous Brandby the Department of Commerce of Zhejiang Province. It has been recognized as a national high-tech enterprise for many years and has been awarded the title ofZhejiang Patent Demonstration Enterprise”. Its products have won the German iF product design award, Cotton Tree China Design Award, Milan AlloraBest Design Awardand other awards.

According to the disclosure, TONA home mainly adopts thesales-based productionmodel. Its process mainly includes customer order, production department arranges production, warehouse arranges delivery, customer receipt, т.б. жылы 2019, 2020 and January-October 2021, TONA Home’s revenue will be 242 миллион юань, 298 миллион юань және 318 сәйкесінше миллион юань, with an overall trend of year-on-year growth. Its corresponding net profit is RMB 0.12 млрд, ЮҚ 0.27 миллиард және RMB 0.18 billion respectively, with a growth curve different from that of operating income.

ItemJanuary~October 2021Жыл 2020Жыл 2019
Операциялық кіріс (RMB million)31,833.0129,799.1424,234.60
Таза пайда (миллион юань)1,823.022,657.861,228.80
Net profit attributable to shareholders of the company applying for listing Profit (RMB million)1,846.142,636」41,236.48
Net profit after non-recurring gains and losses (RMB million)1,703.362,375.261,013.77
Net profit attributable to shareholders of the listed company after1,726.482,353.541,021.46
Net profit after extraordinary gains and losses (RMB million)26.60%30.88%28.50%
Gross profit margin12.64%21.00%11.65%
Weighted Return on Net Assets11.82%1&75%9.62%
Таза активтерге орташа алынған кірістілік (net of non- recurring gains and losses)0.53
Бір акцияға шаққандағы негізгі пайда (Юань / үлес)0.53
Бір акция үшін таратылған пайда (Юань / үлес)11.0412.2112.12
Accounts Receivable Turnover Ratio (рет)3.564.004.49
Inventory turnover rate (рет)1,821.135,302.872,010.91
Операциялық қызметтен түскен ақша қаражаттарының таза ағымы (RMB million)0.521.520.57

By product category, bathroom furniture is the main product of TONA Үй. This category accounted for 89.81% of the company’s total sales from January to October 2021, while bathtub bathrooms, smart toilets and others accounted for 4.15%, 2.20% және 3.85%, тиісінші. Although the smart toilet accounted for a small percentage, the growth was bright relative to the 0.03% share in 2019. Дегенмен, TONA Home mentioned that the company has not yet established a production line for smart toilets. The company uses its own mastered technology to complete the design of the toilet, based on the production of the product to other manufacturers to perform. Other manufacturers produce and complete TONA brand labeling in the original factory and then sell.

Бірлік: Юань

Product or BusinessJanuary~October 2021Жыл 2020Жыл 2019
СанPercentageСанPercentageСанPercentage
Bathroom Furniture285,886,360.5389.81%271,893,306.8991.24%232,255,99&5895.84%
Bathtub Bathroom13,195,948.264.15%15,136,061.065.08%5,71&13&112.36%
Intelligent Toilet6,996,479.492.20%2,754,592.730.92%62,675.630.03%
Басқалары12,251,335.313.85%8,207,399.622.75%4,309,209.091.78%
Жалпы318330,123.59100.00%297,991,360.30100.00%242,346,021.41100.00%

 

The proportion of exports is over 80%. It has subsidiaries in the United States, Германия, Indonesia and other countries

According to the public transfer prospectus, export business is the main business of TONA Home. жылы 2019, 2020 and January-October 2021, the amount of export sales revenue in the company’s main business revenue is 217 миллион юань, 243 миллион юань және 250 миллион юань, есепке алу 89.51%, 81.57% және 78.54% негізгі бизнес кірістерінің, тиісінші. TONA mainly exports to Europe, America and other places, and the main settlement currency is U.S. доллар.

The public transfer prospectus also discloses the top five sales customers of TONA Home in recent years. Олардың арасында, from January to October 2021, the top five customers are LEGIO SALES BELGIUM N.V., MAXEDA DIY GROUP, DISTRIBUTION SANITAI RE CHAUFFAGE, NEXTREND GMBH, CUBICO UK LTD. They contributed a total operating revenue of NT$95 million, есепке алу 29.88% of the operating revenue.

Бірлік: Юань

Business CategorySales of Bathroom Products
Ешқандай.Customer NameRelated party or notSales ContentСанPercentage of operating income
1LEGIO SALES BELGIUM

N.V.

ЕшқандайBathroom Home Products25,008,742.757.86%
2MAXEDA DIY GROUPЕшқандайBathroom Home Products24,186,399.967.60%
3DISTRIBUTION SANITAI

RE CHAUFFAGE

ЕшқандайBathroom Home Products17,648,257.525.54%
4NEXTREND GMBHЕшқандайBathroom Home Products16,832,789.935.29%
5CUBICO UK LTD.ЕшқандайBathroom Home Products11,436,416.333.59%
Жалпыбір95,112,606.4929.88%

TONA Home mainly sells to the outside world in the form of ODM, and expands overseas customers mainly through channels such as Canton Fair and KBIS exhibition. They obtain customer information at trade fairs and determine customer ordering intentions through continuous communication and sending product information or samples. Their overseas customers are mainly located in Europe, Солтүстік Америка және басқа аймақтар. Одан басқа, TONA Home currently has several subsidiaries in the United States, Германия, Indonesia and other countries.

TONA Home said that the company will expand domestic and international business simultaneously in the future, of which domestic sales will continue to promote the dual-engine strategy of channel and engineering to accelerate the overall expansion of the market. Одан басқа, TONA home will be in the brand building, talent ladder construction, product development, capacity expansion and management improvement.

 

Many sanitary ware enterprises have been listed on theNew Third Board

The national small and medium-sized enterprise share transfer system, commonly known as theNew Third Board”, is the third national securities exchange after the SSE and SZSE. This is also China’s first corporate system operating securities trading venues. Қоғамдық мәліметтерге сәйкес, жылы 2021, the turnover of the New Third Board listed companies was 214.816 миллиард юань, with a turnover rate of 17.66%. As of the end of December 2021, the total number of NSS listed companies was 6,932, with a total market capitalization of 228.454 billion yuan and a price-to-earnings ratio of 20.48 рет.

Due to the relatively low threshold for listing, the New Third Board has become a preferred platform for small and medium-sized enterprises in various industries to raise funds for listing, and many bathroom companies have previously landed on the New Third Board, Koyi, Mengjia Intelligence, Xiya Technology were listed on the New Third Board in December 2015, August 2016, and September 2021.

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