아르 자형&T Half-Yearly Report: Net Profit Increased By 40.8%. Revenue Of Smart Toilets And Covers Increased By 21.65%

아르 자형&T Half-Yearly Report: Net Profit Increased By 40.8%. Revenue Of Smart Toilets And Covers Increased By 21.65%

In the evening of August 24, 아모이 아르 자형&티 Sanitary Technology Co., 주식회사. released its semi-annual report for 2022. The report shows that R&T achieved revenue of RMB901 million in the first half of 2022, 증가 12.11% 전년 대비. Net profit attributable to shareholders of the listed company was 83,424,400 원, 증가 40.8% 전년 대비. 그중, intelligent toilet and cover products achieved revenue of RMB 411 백만, 증가 21.65% 전년 대비.

Smart toilet and cover products achieved revenue of 411 백만

Year-on-year growth of 21.65%

상반기에 2022, 아르 자형&T’s smart toilets and covers business continued to grow strongly. The revenue achieved was RMB 411 백만, 증가 21.65% 전년 대비. The business accounted for 45.64% of the company’s total operating revenue.

게다가, 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. ~ 안에 2022, the operating income in the first half of the year reached 275 백만 위안, and the operating profit reached 14.48 백만 위안.

최근 몇 년 동안, 아르 자형&T has continued to increase its investment in intelligent sanitary ware. 일찍 2020, 아르 자형&T가 종료했습니다. “Yangming Road bathroom accessories production base renovation and expansion project” and implemented the “연간 생산능력 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 백만 위안, 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: 원

In addition to intelligent sanitary ware, 아르 자형&T’s main products also include water tanks and accessories products, as well as the same layer drainage system products. 상반기에 2022, the water tanks and accessories business achieved revenue of $368 백만. This represented a 0.07% year-over-year decrease and accounted for 40.9% 회사 총 수익 중. The revenue achieved by the business related to homogeneous drainage system products was $79,943,500, 증가 19.55% 전년 대비.

아르 자형&T conducts both domestic and offshore businesses. 상반기에 2022, the revenues of the two businesses were NT$596 million and NT$305 million, 회계 66.17% 그리고 33.83%, 각기. Both of them increased by more than 10%.

Net profit increased by 40.8% 전년 대비

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

In terms of earnings, 상반기에는 2022 아르 자형&T achieved an increase in profit and revenue, with net profit attributable to shareholders of the listed company reaching 83,424,400 원, 증가 40.8% 전년 대비. The net profit attributable to shareholders of the listed company after non-recurring gains and losses was RMB 75,930,200, 증가 52.26% 전년 대비, which was a significant increase.

In terms of gross margin, 상반기에는 2022, it achieved an increase in the gross margin of its main business, 도달 25.29%, 위로 2.08% from the same period of the previous year. 그중, the gross profit margin of water tank and accessories business increased by 2.7% 전년도에 비해. The smart toilet and cover business had the largest increase, 도달 4.58%.

Unit: 원

상반기에 2022, a number of R&T’s expenses changed significantly. 그중, finance costs amounted to -25.27 백만, 감소 812.8% 전년도에 비해, mainly due to the impact of exchange rate changes. Income tax expense reached RMB 13,292,100, 증가 124.66% 전년 대비. This was mainly due to the increase in profit. Its R&D expenses amounted to RMB35,581,400, 증가 55.75% 전년 대비, due to the increased investment in R&D of home products. It is worth mentioning that in May this year, 아르 자형&T added 1 new foreign investment in an enterprise named Xiamen Shui Ai Intelligent Home Co. The investment is 20 백만 위안, and its main business is the manufacture, 연구 개발, and sales of household products, 위생 도자기, 등.

Unit: 원

게다가, 아르 자형&T revealed that the company is well known in the industry in the water-saving flushing components segment, including ROCA, inax, 콜러, 미국 표준, 화살, 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.

아르 자형&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. 대조적으로, 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, 아르 자형&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.

8 월 25, a securities company gave R&T a “구입하다” 평가, for the following reasons: 첫 번째, the intelligent toilet performance is beautiful. On-hand orders are sufficient. 두번째, Q2’s profitability improved significantly, and good control of expenses. 확실히, this is also the capital market’s objective evaluation of R&T’s performance in the first half of the year.