r&ٹی نصف سالانہ رپورٹ: خالص منافع میں اضافہ ہوا 40.8%. سمارٹ بیت الخلاء اور کور کی آمدنی میں اضافہ ہوا 21.65%
In the evening of August 24, زیامین r&T Sanitary Technology Co., لمیٹڈ. released its semi-annual report for 2022. The report shows that R&T achieved revenue of RMB901 million in the first half of 2022, میں اضافہ 12.11% سال بہ سال. Net profit attributable to shareholders of the listed company was 83,424,400 یوآن, میں اضافہ 40.8% سال بہ سال. ان میں, intelligent toilet and cover products achieved revenue of RMB 411 ملین, میں اضافہ 21.65% سال بہ سال.
| Current reporting period | Same period of previous year | Increase or decrease in the current reporting period compared with the same period of the previous year | |
| آپریٹنگ آمدنی (یوآن) | 900, 63& 099. 96 | 803, 319, 911.67 | 12. 11% |
| Net profit attributable to shareholders of the listed company Profit (یوآن) | 83, 424,429. 20 | 59, 249,967. 92 | 40. 80% |
| Attributable to shareholders of the listed company net of Net profit from non-recurring gains and losses (یوآن) | 75, 930,193. 88 | 49, 867,702. 34 | 52. 26% |
| Net cash flow from operating activities Amount (یوآن) | 157, 515, 475. 60 | 63, 883,452. 60 | 146. 57% |
| فی شیئر بنیادی آمدنی (yuan/share) | 0.1996 | 0. 14 | 42. 57% |
| Diluted earnings per share (yuan/share) | 0.1996 | 0. 14 | 42. 57% |
| خالص اثاثوں پر وزن کی اوسط واپسی | 4.62% | 2.91% | 1.71% |
| At the end of this reporting period | End of previous year | Increase or decrease at the end of this reporting period compared with the end of the previous year | |
| Total assets (یوآن) | 2, 281,411,724. 36 | 2, 23& 933,160. 69 | 1.90% |
| Net assets attributable to shareholders of listed companies Assets (یوآن) | 1,796,215,346. 82 | 1,773,942,522.99 | 1.26% |
Smart toilet and cover products achieved revenue of 411 ملین
Year-on-year growth of 21.65%
In the first half of 2022, r&T’s smart toilets and covers business continued to grow strongly. The revenue achieved was RMB 411 ملین, میں اضافہ 21.65% سال بہ سال. The business accounted for 45.64% of the company’s total operating revenue.
اس کے علاوہ, 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. میں 2022, the operating income in the first half of the year reached 275 ملین یوآن, and the operating profit reached 14.48 ملین یوآن.
| Company Name | Company Type | Main business | Registered Capital | Total Assets | Net Assets | آپریٹنگ آمدنی | Operating Income | خالص منافع |
| Xiamen Pavement Bathroom Technology Co. کمپنی | Subsidiary Company | Research and development, پروسیسنگ, production and sales; سینیٹری ویئر, moulds, plastic products, rubber products, hardware supporting parts. | 600,000.0 0 Yuan | 18,965,11 5.51 | 2,139,507 .71 | 65,047,20 9.18 | 5, 483, 647.39 | 5,483,647 .39 |
| Xiamen One Point Intelligent Technology Co. | Subsidiaries | Research and development, production and sales of intelligent sanitary ware products. | 300,000,0 00.00 Yuan | 615, 820, 462.81 | 417,103,6 26.58 | 274, 914, 468.43 | 14, 484, 595.64 | 11,775,09 7. 52 |
| Xiamen Water Drop Investment Co. | Subsidiary | Investment in primary, secondary and tertiary industries; investment consulting; operation of import and export of various commodities and technologies. | 100,000,000.00 Yuan | 101,680,8 54.06 | 101,502,2 42. 53 | 0.00 | 563,385.4 0 | 409,635.2 1 |
| AQUATIZ INVESTMEN T PTE. LTD | Subsidiaries | Activities of headquarters and regional headquarters; centralized management of offices and subsidiary management. | 4, 000, 000 .00 USD | 24,243,40 6.63 | 24, 092, 140. 26 | 0.00 | 165,225.0 9 | 155,995.9 4 |
حالیہ برسوں میں, r&T has continued to increase its investment in intelligent sanitary ware. جتنی جلدی 2020, r&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 ملین یوآن, 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.
یونٹ: Yuan
| Current reporting period | Same period of previous year | Year-on-year increase/decrease | |||
| رقم | Share of operating revenue | رقم | Share of operating revenue | ||
| Total Operating Income | 900,63& 099. 96 | 100% | 803,319,911.67 | 100% | 12.11% |
| By Industry | |||||
| Industry | 900,63& 099. 96 | 100. 00% | 803,319,911.67 | 100. 00% | 12.11% |
| مصنوعات کے ذریعہ | |||||
| Water tanks and accessories | 36& 380,403. 93 | 40. 90% | 36& 634,489. 89 | 45. 89% | -0.07% |
| Smart Toilet and Cover Plates | 411,057,941.79 | 45. 64% | 337,905,473.07 | 42. 06% | 21.65% |
| Co-Level Drainage Products | 79, 943, 507. 07 | & 88% | 66,86& 105. 72 | 8.32% | 19.55% |
| دوسرے | 38, 598, 013. 40 | 4. 29% | 2& 124,409. 35 | 3.50% | 37. 24% |
| Scrap, molds for sale etc. | 2, 658, 233. 77 | 0. 30% | 1,787,433. 64 | 0.22% | 48.72% |
| By region | |||||
| Outside of China | 304,699, 785. 87 | 33. 83% | 263,790,799.31 | 32. 84% | 15. 51% |
| Inbound | 595,93& 314. 09 | 66. 17% | 539,529,112. 36 | 67.16% | 10.46% |
In addition to intelligent sanitary ware, r&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 ملین. This represented a 0.07% year-over-year decrease and accounted for 40.9% of the company’s total revenue. The revenue achieved by the business related to homogeneous drainage system products was $79,943,500, میں اضافہ 19.55% سال بہ سال.
r&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, اکاؤنٹنگ کے لئے 66.17% اور 33.83%, بالترتیب. Both of them increased by more than 10%.
Net profit increased by 40.8% سال بہ سال
Gross profit margin of the main business increased compared with the previous year
In terms of earnings, in the first half of 2022 r&T achieved an increase in profit and revenue, with net profit attributable to shareholders of the listed company reaching 83,424,400 یوآن, میں اضافہ 40.8% سال بہ سال. The net profit attributable to shareholders of the listed company after non-recurring gains and losses was RMB 75,930,200, میں اضافہ 52.26% سال بہ سال, 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, پہنچنا 25.29%, اوپر 2.08% from the same period of the previous year. ان میں, the gross profit margin of water tank and accessories business increased by 2.7% پچھلے سال کے مقابلے میں. The smart toilet and cover business had the largest increase, پہنچنا 4.58%.
یونٹ: Yuan
| Operating income | Operating Costs | Gross margin | Operating income over the previous year Year-on-year increase/decrease | Operating costs compared with the previous year Year-on-year increase/decrease | Gross profit margin over the previous year Increase or decrease over the same period | |
| By Industry | ||||||
| Industry | 900,63& 099.96 | 672,822,608.05 | 25.29% | 12.11% | 9. 08% | 2. 08% |
| Sub-products | ||||||
| Water tanks and accessories | 36& 380,403.93 | 274, 705, 782.78 | 25.43% | -0. 07% | -3. 56% | 2. 70% |
| Smart Toilet and Covers | 411,057,941.79 | 313, 38& 396.61 | 23.76% | 21.65% | 14. 75% | 4. 58% |
| By region | ||||||
| Outside of China | 304,699, 785.87 | 222,692, 775.30 | 26.91% | 15. 51% | 14.12% | 0. 89% |
| Inbound | 595,93& 314.09 | 450,129,832.75 | 24.47% | 10. 46% | 6.75% | 2. 62% |
In the first half of 2022, a number of R&T’s expenses changed significantly. ان میں, finance costs amounted to -25.27 ملین, کی کمی 812.8% پچھلے سال کے مقابلے میں, mainly due to the impact of exchange rate changes. Income tax expense reached RMB 13,292,100, میں اضافہ 124.66% سال بہ سال. This was mainly due to the increase in profit. Its R&D expenses amounted to RMB35,581,400, میں اضافہ 55.75% سال بہ سال, due to the increased investment in R&D of home products. It is worth mentioning that in May this year, r&T added 1 new foreign investment in an enterprise named Xiamen Shui Ai Intelligent Home Co. The investment is 20 ملین یوآن, and its main business is the manufacture, تحقیق اور ترقی, and sales of household products, سینیٹری ویئر, وغیرہ.
یونٹ: Yuan
| Current reporting period | Same period of previous year | Year-on-year increase/decrease | Reason for change | |
| آپریٹنگ آمدنی | 900, 638,099. 96 | 803,319,911.67 | 12. 11% | |
| Operating Costs | 672, 822,60& 05 | 616,803,175.15 | 9.08% | |
| Selling expenses | 60,614,944. 50 | 4& 242, 286. 69 | 25. 65% | |
| Administrative expenses | 62,708,530. 66 | 50, 726, 445. 68 | 23. 62% | |
| Finance costs | -25, 267,738. 85 | 3, 544, 872. 11 | -812. 80% | Effect of exchange rate changes |
| Income tax expense | 13,292,111. 70 | 5,916, 580. 76 | 124. 66% | Profit growth |
| r&D investment | 35,581,424. 73 | 22,845, 299. 01 | 55. 75% | The company increased the home products R&D investment |
| Cash generated from operating activities Net flow from operating activities | 157, 515,475. 60 | 63,883, 452. 60 | 146. 57% | Increase in the company’s payment recovery rate as a result of |
| Cash generated from investing activities Net cash flow from investing activities | -42, 493,971.67 | -34, 067,117.92 | -24. 74% | |
| Cash from financing activities Net cash flows from financing activities | -66, 030,490. 25 | -63,646,344. 93 | -3. 75% | |
| Net cash and cash equivalents Increase | 70, 550,577. 95 | -34,917,498. 83 | 302. 05% | Increase in the company’s payment recovery rate as a result of |
اس کے علاوہ, r&T revealed that the company is well known in the industry in the water-saving flushing components segment, including ROCA, inax, کوہلر, امریکی معیار, تیر, 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.
r&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. اس کے برعکس, 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, r&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.
On August 25, a securities company gave R&T a “buy” rating, for the following reasons: سب سے پہلے, the intelligent toilet performance is beautiful. On-hand orders are sufficient. دوسرا, Q2’s profitability improved significantly, and good control of expenses. ظاہر ہے, this is also the capital market’s objective evaluation of R&T’s performance in the first half of the year.

