ລາຍໄດ້ເພີ່ມຂື້ນໂດຍ 74%. ບັນທຶກນີ້ແມ່ນສູງໃຫມ່ນັບຕັ້ງແຕ່ IPO. ລາຍໄດ້ຂອງຫ້ອງນ້ໍາທີ່ສະຫຼາດເກືອບສອງເທົ່າ, ມັນໄດ້ເຮັດແນວໃດມັນ?

ເຮືອນຄົວຕົ້ນສະບັບ & Bathroom Jun Kitchen & ຫົວຂໍ້ຫ້ອງນ້ໍາ

According to R&T’s recently released semiannual report for 2021, the company’s first-half revenue reached $803 ລ້ານ. Its year-on-year increase hit a new high since 2016, with revenue growth of 96.36% for smart toilets and covers. As a well-known domestic manufacturer of flush components, ຣ&T has undergone a strategic transformation in recent years, actively laying out the intelligent sanitary field. Its results have begun to be reflected in the operating data.

Revenue growth in the first half hit a record high since the IPO

On the evening of August 16, ຣ&T released its semi-annual report for 2021. ຕັ້ງແຕ່ເດືອນມັງກອນເຖິງເດືອນມິຖຸນາ, ຣ&T achieved operating revenue of $803 ລ້ານ, ຂຶ້ນ 73.99% ຈາກ $462 ລ້ານໃນໄລຍະດຽວກັນໃນປີກາຍນີ້. It continued the growth trend seen since the second half of last year and hit the highest value since its IPO in 2016. For the revenue growth, ຣ&T said the main reasons were: i. ໃນເຄິ່ງທໍາອິດຂອງ 2020, orders temporarily declined due to reduced demand from customer terminals as a result of the epidemic. ທີສອງ, demand from terminals recovered in the current period, with a large increase, sufficient orders, and amplified production capacity.

ໂດຍພາກພື້ນ, ໃນເຄິ່ງທໍາອິດຂອງປີ, ຣ&T’s domestic and overseas revenue accounted for 67.16% ແລະ 32.84% ຂອງລາຍໄດ້ທັງຫມົດ, ຕາມລໍາດັບ. The proportion of domestic revenue increased compared with the same period of the previous year, while the proportion of overseas revenue declined slightly. It is understood that R&T products are exported to more than seventy countries and regions in South America, ເອເຊຍ, North America and Europe, providing product supporting services for foreign brands such as ROCA, INAX, KOHLER and American Standard, and domestic brands such as Arrow, ສະຍອງ, ຖ້ຽວບິນ, and Hegii.

ໃນແງ່ຂອງກໍາໄລ, ຣ&T achieved a net profit of RMB 59 ລ້ານໃນເຄິ່ງທໍາອິດຂອງປີ, ການເພີ່ມຂື້ນຂອງ 31.51% ປີຕໍ່ປີ. The net profit after deduction of non-mother’s share was 0.50 ພັນລ້ານຢວນ, ການເພີ່ມຂື້ນຂອງ 35.92% ປີຕໍ່ປີ. Its basic earnings per share were $0.14, ການເພີ່ມຂື້ນຂອງ 27.27%. At the end of June 2021, ຣ&T’s total assets were $2.135 ພັນລ້ານ, ການເພີ່ມຂື້ນຂອງ 2.17% from the end of 2020.

Smart bathroom revenue grew by 96%, nearly doubling

According to publicly available data, ໃນເຄິ່ງທໍາອິດຂອງປີ, ຣ&T’s revenue in the smart toilets and covers category reached $338 ລ້ານ. This is 96.36% ສູງກ່ວາ 172 ລ້ານຢວນໃນເຄິ່ງທໍາອິດຂອງ 2020, nearly doubling. ໃນເວລາດຽວກັນ, the category’s revenue share of total revenue is also increasing, ບັນຊີກ່ຽວກັບ 42.06% ໃນເຄິ່ງທໍາອິດຂອງປີ, only slightly lower than the 45.89% of the water tank and accessories category.

ໃນຄວາມເປັນຈິງ, the revenue of the R&T Smart Toilet and Cover category has continued to grow in recent years. It has increased its revenue volume from 26.28% ໃນ 2019 ກັບ 42.26% ໃນ 2020. If the category maintains its current growth momentum in the second half of the year, it is expected that the proportion of revenue for the whole year will also appear to a new high.

It is understood that R & T’s subsidiaries in charge of intelligent bathroom business are mainly Xiamen a little intelligent technology Co. ໃນເຄິ່ງທໍາອິດຂອງປີ, the subsidiary’s operating income reached 194 ລ້ານ​ຢວນ. A little bit of intelligence is a wholly-owned subsidiary of R&t. It was established on June 6, 2018. It has a registered capital of 100 ລ້ານ​ຢວນ. ໃນເດືອນພຶດສະພາ 2020, its registered capital was increased to 300 ລ້ານ​ຢວນ.

In addition to smart sanitary ware, the category in which R&T’s revenue grew by more than 90% in the first half of the year was homogeneous drainage products. The category’s operating revenue was $67 ລ້ານ. Although only 8.32% of the total revenue, the amount increased by 98.14% ໃນໄລຍະດຽວກັນໃນປີທີ່ຜ່ານມາ.

Flushing components of the “single champion” to accelerate the strategic transformation

Flushing components have always been the main products of R&t. ແນວໃດກໍ່ຕາມ, the proportion of total revenue in this category has been showing a downward trend, ຈາກ 70.56% ໃນ 2015 ກັບ 59.40% ໃນ 2019. ໃນ 2020 annual report, ຣ&T even eliminated the flush component category and added the water tank and accessories category. ແນວໃດກໍ່ຕາມ, the latter’s revenue share also decreased by 10.20 points from 2019 ກັບ 53.18%. In the first half of this year, it even declined to 45.89%. Despite the continued decrease, ຣ&T is currently ranked No. 1 in the domestic market share of flush components and in the top three in the global market share of flush components, according to the company.

In the share of revenue of flushing components narrowed at the same time, the share of revenue of categories such as intelligent sanitary ware and same-level drainage products is increasing. Especially intelligent sanitary ware, ຣ & T has been giving the impression of active layout in recent years. ໃນ 2020, ຣ & t ລະງັບ “Yangming Road bathroom accessories production base expansion project”, and will not use all the funds raised into the implementation of the “ກໍາລັງການຜະລິດການຜະລິດປະຈໍາປີຂອງ 1.2 million sets of intelligent sanitary products production base construction project”. ການລົງທືນທັງຫມົດຂອງໂຄງການແມ່ນ 391 ລ້ານ​ຢວນ, mainly for the production of intelligent toilets. This can be seen as a signal of R & T to accelerate the strategic transformation.

It is revealed that R&T entered the field of intelligent toilet research and development as early as 2009, and is a domestic listed company that entered the industry earlier. ໃນ 2020, affected by the epidemic, intelligent sanitary ware is favored by the emerging consumer groups. This also became the background for R&T to change the production base of bathroom accessories to the production base of intelligent sanitary ware. ອີງຕາມບົດລາຍງານທາງດ້ານການເງິນ, ໃນເຄິ່ງທໍາອິດຂອງປີ, ຣ&T’s construction in progress amounted to 32.23 ລ້ານ​ຢວນ, ການເພີ່ມຂື້ນຂອງ 786% from the beginning of the year. It is mainly due to the increase in investment in the above production base construction project.

ຣ & T general manager Zhang Jianbo said in a previous media interview that the company believes that the basis for manufacturing companies to achieve transformation is still the product, and currently, ຣ & T has developed a series of sanitary products for the domestic consumer market. ໃນ​ອາ​ນາ​ຄົດ, not only in the intelligent toilet, but the company will also extend in the field of the entire bathroom. The company continues to build its own brand of products. And in this semi-annual report, ຣ&T will also be intelligent bathroom products and the same layer of the drainage products side by side. The report said the two major businesses will constitute the company’s performance drivers.