ر&ر تقرير نصف سنة: زاد صافي الربح بواسطة 40.8%. زادت إيرادات المراحيض الذكية والأغطية 21.65%

ر&ر تقرير نصف سنة: زاد صافي الربح بواسطة 40.8%. زادت إيرادات المراحيض الذكية والأغطية 21.65%

In the evening of August 24, شيامن ر&ر Sanitary Technology Co., المحدودة. released its semi-annual report for 2022. The report shows that R&T achieved revenue of RMB901 million in the first half of 2022, زيادة 12.11% على أساس سنوي. Net profit attributable to shareholders of the listed company was 83,424,400 يوان, زيادة 40.8% على أساس سنوي. فيما بينها, intelligent toilet and cover products achieved revenue of RMB 411 مليون, زيادة 21.65% على أساس سنوي.

Smart toilet and cover products achieved revenue of 411 مليون

Year-on-year growth of 21.65%

In the first half of 2022, ر&T’s smart toilets and covers business continued to grow strongly. The revenue achieved was RMB 411 مليون, زيادة 21.65% على أساس سنوي. The business accounted for 45.64% of the company’s total operating revenue.

فضلاً عن ذلك, the financial report shows that R&T specializes in the research and development, production and sales of intelligent sanitary products subsidiary – Xiamen a little intelligent technology Co. في 2022, the operating income in the first half of the year reached 275 مليون يوان, and the operating profit reached 14.48 مليون يوان.

في السنوات الأخيرة, ر&T has continued to increase its investment in intelligent sanitary ware. في وقت مبكر 2020, ر&T terminated the “Yangming Road bathroom accessories production base renovation and expansion project” and implemented the “annual production capacity of 1.2 million sets of intelligent bathroom products production base construction project” by the company’s wholly-owned subsidiary, Xiamen One Point Intelligent Technology Co. As of the end of the period, the cumulative investment of the project has reached 83.67 مليون يوان, and the progress of the project is 16.97%. It is expected that R&T’s revenue in the intelligent sanitary ware segment will continue to increase after the project is completed and put into operation.

وحدة: يوان

In addition to intelligent sanitary ware, ر&T’s main products also include water tanks and accessories products, as well as the same layer drainage system products. In the first half of 2022, the water tanks and accessories business achieved revenue of $368 مليون. This represented a 0.07% year-over-year decrease and accounted for 40.9% من إجمالي إيرادات الشركة. The revenue achieved by the business related to homogeneous drainage system products was $79,943,500, زيادة 19.55% على أساس سنوي.

ر&T conducts both domestic and offshore businesses. In the first half of 2022, the revenues of the two businesses were NT$596 million and NT$305 million, المحاسبة ل 66.17% و 33.83%, على التوالى. Both of them increased by more than 10%.

Net profit increased by 40.8% على أساس سنوي

Gross profit margin of the main business increased compared with the previous year

In terms of earnings, in the first half of 2022 ر&T achieved an increase in profit and revenue, with net profit attributable to shareholders of the listed company reaching 83,424,400 يوان, زيادة 40.8% على أساس سنوي. The net profit attributable to shareholders of the listed company after non-recurring gains and losses was RMB 75,930,200, زيادة 52.26% على أساس سنوي, which was a significant increase.

In terms of gross margin, in the first half of 2022, it achieved an increase in the gross margin of its main business, reaching 25.29%, أعلى 2.08% from the same period of the previous year. فيما بينها, the gross profit margin of water tank and accessories business increased by 2.7% compared with the previous year. The smart toilet and cover business had the largest increase, reaching 4.58%.

وحدة: يوان

In the first half of 2022, a number of R&T’s expenses changed significantly. فيما بينها, finance costs amounted to -25.27 مليون, انخفاض 812.8% compared to the previous year, mainly due to the impact of exchange rate changes. Income tax expense reached RMB 13,292,100, زيادة 124.66% على أساس سنوي. This was mainly due to the increase in profit. Its R&D expenses amounted to RMB35,581,400, زيادة 55.75% على أساس سنوي, due to the increased investment in R&D of home products. It is worth mentioning that in May this year, ر&T added 1 new foreign investment in an enterprise named Xiamen Shui Ai Intelligent Home Co. The investment is 20 مليون يوان, and its main business is the manufacture, البحث والتطوير, and sales of household products, وير صحي, إلخ.

وحدة: يوان

فضلاً عن ذلك, ر&T revealed that the company is well known in the industry in the water-saving flushing components segment, including ROCA, اينكس, كوهلر, المقياس الأمريكي, سهم, Bolina and other well-known domestic and foreign manufacturers of medium and high-end sanitary ware brands have established good and stable cooperative relationships with the company.

ر&T’s performance in the first half of 2022 was bright. In terms of revenue, although the 12.1% increase is not too big, it is particularly rare in the context of the rebound of the epidemic and the downward spiral of the property market. في المقابل, many domestic counterparts saw a decline in revenue in the first half of the year. Some companies even decreased by more than 10%. At the earnings level, ر&T’s first-half net profit has recovered and exceeded the level of the same period in 2019 before the epidemic, and the increase has continued to expand. This reflects good corporate profitability.

في أغسطس 25, a securities company gave R&T a “buy” تصنيف, for the following reasons: أولاً, the intelligent toilet performance is beautiful. On-hand orders are sufficient. ثانية, Q2’s profitability improved significantly, and good control of expenses. Obviously, this is also the capital market’s objective evaluation of R&T’s performance in the first half of the year.