右&t半年度報告: 淨利潤增加了 40.8%. 智能廁所和蓋子的收入增加了 21.65%

右&t半年度報告: 淨利潤增加了 40.8%. 智能廁所和蓋子的收入增加了 21.65%

In the evening of August 24, 廈門 右&t Sanitary Technology Co., 有限公司. released its semi-annual report for 2022. The report shows that R&T achieved revenue of RMB901 million in the first half of 2022, 增加了 12.11% 去年同期. 歸屬於上市公司股東的淨利潤為 83,424,400 元, 增加了 40.8% 去年同期. 他們之中, intelligent toilet and cover products achieved revenue of RMB 411 百萬, 增加了 21.65% 去年同期.

Smart toilet and cover products achieved revenue of 411 百萬

Year-on-year growth of 21.65%

上半年 2022, 右&T’s smart toilets and covers business continued to grow strongly. The revenue achieved was RMB 411 百萬, 增加了 21.65% 去年同期. The business accounted for 45.64% of the company’s total operating revenue.

另外, 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. 在 2022, the operating income in the first half of the year reached 275 萬元, and the operating profit reached 14.48 萬元.

最近幾年, 右&T has continued to increase its investment in intelligent sanitary ware. 早在 2020, 右&T終止了 “Yangming Road bathroom accessories production base renovation and expansion project” and implemented the “年生產能力 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 萬元, 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.

單元: 元

In addition to intelligent sanitary ware, 右&T’s main products also include water tanks and accessories products, as well as the same layer drainage system products. 上半年 2022, the water tanks and accessories business achieved revenue of $368 百萬. This represented a 0.07% year-over-year decrease and accounted for 40.9% 占公司總收入的. The revenue achieved by the business related to homogeneous drainage system products was $79,943,500, 增加了 19.55% 去年同期.

右&T conducts both domestic and offshore businesses. 上半年 2022, the revenues of the two businesses were NT$596 million and NT$305 million, 佔 66.17% 和 33.83%, 分別. Both of them increased by more than 10%.

Net profit increased by 40.8% 去年同期

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

In terms of earnings, in the first half of 2022 右&T achieved an increase in profit and revenue, with net profit attributable to shareholders of the listed company reaching 83,424,400 元, 增加了 40.8% 去年同期. The net profit attributable to shareholders of the listed company after non-recurring gains and losses was RMB 75,930,200, 增加了 52.26% 去年同期, 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, 達到 25.29%, 向上 2.08% 與上年同期相比. 他們之中, the gross profit margin of water tank and accessories business increased by 2.7% 與上年相比. The smart toilet and cover business had the largest increase, 達到 4.58%.

單元: 元

上半年 2022, a number of R&T’s expenses changed significantly. 他們之中, finance costs amounted to -25.27 百萬, 減少了 812.8% 與上年相比, mainly due to the impact of exchange rate changes. Income tax expense reached RMB 13,292,100, 增加了 124.66% 去年同期. This was mainly due to the increase in profit. Its R&D expenses amounted to RMB35,581,400, 增加了 55.75% 去年同期, due to the increased investment in R&D of home products. It is worth mentioning that in May this year, 右&T added 1 new foreign investment in an enterprise named Xiamen Shui Ai Intelligent Home Co. The investment is 20 萬元, and its main business is the manufacture, 研發, and sales of household products, 衛浴潔具, ETC.

單元: 元

另外, 右&T revealed that the company is well known in the industry in the water-saving flushing components segment, including ROCA, inax, 科勒, 美國標準, 箭, 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.

右&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. 相比之下, 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, 右&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.

八月 25, a securities company gave R&T a “買” rating, for the following reasons: 第一的, the intelligent toilet performance is beautiful. On-hand orders are sufficient. 第二, Q2’s profitability improved significantly, and good control of expenses. 明顯地, this is also the capital market’s objective evaluation of R&T’s performance in the first half of the year.