Г&T паўгода паведамляе: Чысты прыбытак павялічыўся на 40.8%. Даход разумных туалетаў і пакрыццяў павялічыўся на 21.65%

Г&T паўгода паведамляе: Чысты прыбытак павялічыўся на 40.8%. Даход разумных туалетаў і пакрыццяў павялічыўся на 21.65%

In the evening of August 24, Xiamen Г&T Sanitary Technology Co., ТАА. released its semi-annual report for 2022. The report shows that R&T achieved revenue of RMB901 million in the first half of 2022, павелічэнне 12.11% з года ў год. Чыстая прыбытак, звязаная з акцыянерамі пералічанай кампаніі, была 83,424,400 юань, павелічэнне 40.8% з года ў год. Сярод іх, intelligent toilet and cover products achieved revenue of RMB 411 мільён, павелічэнне 21.65% з года ў год.

Smart toilet and cover products achieved revenue of 411 мільён

ГОРОГО ГОДА ГОДА 21.65%

У першай палове 2022, Г&T’s smart toilets and covers business continued to grow strongly. The revenue achieved was RMB 411 мільён, павелічэнне 21.65% з года ў год. The business accounted for 45.64% of the company’s total operating revenue.

Акрамя таго, 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. У 2022, the operating income in the first half of the year reached 275 мільёнаў юаняў, and the operating profit reached 14.48 мільёнаў юаняў.

У апошнія гады, Г&T has continued to increase its investment in intelligent sanitary ware. Яшчэ ў пачатку 2020, Г&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 мільёнаў юаняў, 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.

Unit: Юань

In addition to intelligent sanitary ware, Г&T’s main products also include water tanks and accessories products, as well as the same layer drainage system products. У першай палове 2022, the water tanks and accessories business achieved revenue of $368 мільён. This represented a 0.07% year-over-year decrease and accounted for 40.9% агульнага даходу кампаніі. The revenue achieved by the business related to homogeneous drainage system products was $79,943,500, павелічэнне 19.55% з года ў год.

Г&T conducts both domestic and offshore businesses. У першай палове 2022, the revenues of the two businesses were NT$596 million and NT$305 million, улік 66.17% і 33.83%, адпаведна. Both of them increased by more than 10%.

Net profit increased by 40.8% з года ў год

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

In terms of earnings, У першай палове 2022 Г&T achieved an increase in profit and revenue, with net profit attributable to shareholders of the listed company reaching 83,424,400 юань, павелічэнне 40.8% з года ў год. The net profit attributable to shareholders of the listed company after non-recurring gains and losses was RMB 75,930,200, павелічэнне 52.26% з года ў год, which was a significant increase.

In terms of gross margin, У першай палове 2022, it achieved an increase in the gross margin of its main business, дасягненне 25.29%, наверсе 2.08% from the same period of the previous year. Сярод іх, the gross profit margin of water tank and accessories business increased by 2.7% у параўнанні з папярэднім годам. The smart toilet and cover business had the largest increase, дасягненне 4.58%.

Unit: Юань

У першай палове 2022, a number of R&T’s expenses changed significantly. Сярод іх, finance costs amounted to -25.27 мільён, памяншэнне 812.8% у параўнанні з папярэднім годам, mainly due to the impact of exchange rate changes. Income tax expense reached RMB 13,292,100, павелічэнне 124.66% з года ў год. This was mainly due to the increase in profit. Its R&D expenses amounted to RMB35,581,400, павелічэнне 55.75% з года ў год, due to the increased investment in R&D of home products. It is worth mentioning that in May this year, Г&T added 1 new foreign investment in an enterprise named Xiamen Shui Ai Intelligent Home Co. The investment is 20 мільёнаў юаняў, and its main business is the manufacture, даследаванні і распрацоўкі, and sales of household products, сантэхніка, г.д.

Unit: Юань

Акрамя таго, Г&T revealed that the company is well known in the industry in the water-saving flushing components segment, including ROCA, Ані, КОЛЕР, Амерыканскі стандарт, Страла, 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.

Г&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. У адрозненне, 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, Г&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.

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