Financial Performance - The company's operating revenue for Q1 2024 reached CNY 1,152,815,504, representing a year-on-year increase of 42.68%[5] - Net profit attributable to shareholders was CNY 122,811,608.25, a significant increase of 170.35% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 113,226,172.43, reflecting a remarkable growth of 324.71%[5] - Basic and diluted earnings per share were both CNY 0.28, an increase of 180% compared to the previous year[5] - Operating profit for Q1 2024 was ¥149,016,184, up from ¥54,556,878 in Q1 2023, reflecting a growth of 173.5%[18] - Net profit for Q1 2024 was ¥122,855,439, compared to ¥45,426,940 in Q1 2023, representing an increase of 170.5%[18] Cash Flow - The net cash flow from operating activities amounted to CNY 108,293,367.39, up by 147.59% year-on-year[5] - In Q1 2024, the cash inflow from operating activities was CNY 1,348,107,854, a significant increase of 46.6% compared to CNY 919,966,956 in Q1 2023[20] - The net cash flow from operating activities reached CNY 108,293,367, up 147.5% from CNY 43,739,573 in the same period last year[20] - Cash inflow from investment activities totaled CNY 2,086,659,878.59, an increase of 30.6% compared to CNY 1,596,626,595.02 in Q1 2023[21] - The net cash flow from investment activities was negative at CNY -72,599,017.89, contrasting with a positive CNY 113,310,125.43 in Q1 2023[21] - Cash inflow from financing activities amounted to CNY 59,391,162.15, up 50.9% from CNY 39,389,674.47 in the previous year[21] - The net cash flow from financing activities was CNY -14,147,681.34, slightly improved from CNY -16,710,753.25 in Q1 2023[21] - The ending balance of cash and cash equivalents was CNY 439,920,796.44, down from CNY 704,304,978.22 at the end of Q1 2023[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,620,595,140.62, a decrease of 1.66% from the end of the previous year[6] - Total assets as of March 31, 2024, amounted to ¥4,620,595,140.62, a decrease from ¥4,698,686,169.45 at the end of 2023[15] - Total liabilities decreased to ¥1,429,736,887.07 from ¥1,598,881,000.11, indicating a reduction of 10.6%[15] - Cash and cash equivalents increased to ¥494,290,283.21 from ¥477,631,189.16, showing a growth of 3.8%[14] - Inventory decreased to ¥630,549,091.12 from ¥664,146,973.85, a decline of 5.1%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,122[10] - The company repurchased a total of 4,703,700 shares, accounting for 1.05% of the total share capital[11] - The total equity attributable to shareholders increased to ¥3,188,715,065.12 from ¥3,097,705,812.53, a growth of 2.9%[15] Research and Development - Research and development expenses rose to ¥58,592,440.08, compared to ¥52,323,131.95 in Q1 2023, an increase of 12%[18] Non-Recurring Gains - The company reported non-recurring gains of CNY 9,585,435.82 for the period, primarily from government subsidies and other income[7]

证券代码：603408 证券简称：建霖家居 厦门建霖健康家居股份有限公司 投资者关系活动记录表 编号：2024-004 √特定对象调研 □分析师会议 投资者关系 □媒体采访 □业绩说明会 活动类别 □新闻发布会 √现场参观 □路演活动 □其他 形式 √现场 □网上 □电话会议 参与单位 长江证券、中银基金 名称 时间 2024年4月25日 地点 建霖集团总部 上市公司接 董事会秘书 许士伟、证券事务代表 程龙 待人员姓名 1、请问公司会否继续保持较高的分红比率？ 公司始终保持稳定的现金分红政策，实现合理稳定的投资者回报，现金分红比 率长期稳定并保持在行业靠前水平，不会大幅调整。公司非常重视永续发展和股 东利益，将综合盈利情况、投资规划、现金流量等因素提出合理的利润分配方 案，在保障公司战略发展需要的同时，最大程度保障全体股东的利益。 2、建霖在同业竞争中的优势有哪些？ 从产品品类来看，建霖的产品矩阵涵盖厨卫、净水、宜居空气、康养个护、 汽车家电及其他产品。同业相对更聚焦某一或部分品类的发展，建霖的产品组合 相对多元，品类布局更加齐全，深耕多个细分领域，拓宽竞争赛道，提升综合竞 投资者关系 争力和抗风险能力，凭 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 证券代码：603408 证券简称：建霖家居 公告编号：2024-023 厦门建霖健康家居股份有限公司 2023 年年度股东大会决议公告 | 1、出席会议的股东和代理人人数 | | 21 | | --- | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 336,753,044 | | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | | 份总数的比例（%） | 75.7845 | | (一) 非累积投票议案 1、 议案名称：公司《2023 年度董事会工作报告》 审议结果：通过 表决情况： (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次大会由公司董事会召集，会议以现场投票和网络投票相结合的方式进行 表决，由董事长陈岱桦先生主持。会议召集、召开及表决方式符合《公司法》和 《公司章程》等有关规定。 (一) 股东大会召开的时间：2024 ...

股东大会法律意见书 北京海润天睿律师事务所 关于厦门建霖健康家居股份有限公司 2023 年年度股东大会的法律意见书 致：厦门建霖健康家居股份有限公司 北京海润天睿律师事务所（以下简称本所）接受厦门建霖健康家居股份有限 公司（以下简称公司）的委托，指派律师吴团结、杜羽田出席公司 2023 年年度 股东大会并对本次股东大会进行律师见证。 本所律师依据《中华人民共和国公司法》（以下简称《公司法》）、《上市 公司股东大会规则》（以下简称《股东大会规则》）、《上海证券交易所上市公 司自律监管指引第 1 号——规范运作》（以下简称《规范运作》）等法律法规、 规范性文件及《公司章程》的有关规定，就公司本次股东大会的召集、召开程序、 出席会议人员的资格、召集人资格、表决方式、表决程序及表决结果等事宜出具 本法律意见书。 股东大会法律意见书 出席本次股东大会现场会议的股东及股东代理人共 20 人，代表有表决权股 份 336,691,544 股，占公司有表决权总股本的 75.7707%；参加网络投票的股东 及股东代理人共计 1 人，代表有表决权股份 61,500 股，占公司有表决权总股本 的 0.0138%。 一、本次股东大会的 ...

证券代码：603408 证券简称：建霖家居 厦门建霖健康家居股份有限公司 2023 年年度股东大会 会议资料 二〇二四年四月 一、公司设董事会办公室，具体负责大会有关程序方面的事宜。 厦门建霖健康家居股份有限公司 2023 年年度股东大会 厦门建霖健康家居股份有限公司 2023 年年度股东大会会议资料目录 | 2023 | 年年度股东大会会议资料目录 | 1 | | --- | --- | --- | | 2023 | 年年度股东大会会议须知 | 2 | | 2023 | 年年度股东大会会议议程 | 4 | | 议案一：2023 | 年度董事会工作报告 | 6 | | 议案二：2023 | 年度监事会工作报告 | 7 | | 议案三：2023 | 年度财务决算报告及 2024 年度财务预算报告 | 8 | | 议案四：《2023 | 年度报告》及其摘要 | 9 | | 议案五：2023 | 年度利润分配预案的议案 | 10 | | 议案六：关于使用部分闲置募集资金进行现金管理的议案 | | 11 | | 议案七：关于开展外汇套期保值业务的议案 | | 12 | | 议案八：关于续聘 | 2024 年度会计师事 ...

证券研究报告|公司动态点评 2024 年 03 月 31 日 全年收入稳中有增，蓄力国内外发展新动能 事件：公司披露 2023 年年报，全年实现营业收入 43.34 亿元，同比增长 3.52%；归母净利润 4.25 亿元，同比下降 7.25%；扣非净利润 3.89 亿元， 同比下降 8.63%。对此点评如下： 投资建议：全年收入稳中有增，蓄力国内外发展新动能，维持增持评级。预 计 2024~2026 年公司归母净利润分别达到 4.75、5.82、6.66 亿元，同比分 别增长 12%、23%、15%，对应 PE 估值 12、10、9 倍。公司深化国际化布 -22% -16% -10% -5% 1% 7% 12% 18% 2023-03 2023-07 2023-11 2024-03 建霖家居 沪深300 分析师 花 江月 执业证书编号：S1070522100002 联系人 王 龙 建霖家居（603408.SH） | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------- ...

Investment Rating - The investment rating for the company Jianlin Home (603408) is "Accumulate," maintaining the previous rating of "Accumulate" [4]. Core Insights - The company reported a revenue of 4.334 billion yuan in 2023, a year-on-year increase of 3.52%. The net profit attributable to shareholders was 425 million yuan, a decrease of 7.25% year-on-year. In Q4 alone, the revenue reached 1.244 billion yuan, reflecting a significant year-on-year growth of 47.27% [4][5]. - The company has successfully deepened its international presence, with overseas revenue accounting for 76.8% of total revenue in 2023, amounting to 3.309 billion yuan, which is a 2.1% increase year-on-year. The domestic revenue was 9.98 billion yuan, representing an 8.5% increase year-on-year [4]. - The gross margin improved to 25.97% in 2023, an increase of 1.69 percentage points year-on-year, driven by cost reduction and efficiency improvements [4]. Summary by Sections Financial Performance - In 2023, the company achieved total revenue of 4.334 billion yuan, with a year-on-year growth of 3.5%. The net profit attributable to shareholders was 425 million yuan, down 7.3% year-on-year. The gross margin for the year was 26.0% [4][16]. - The company forecasts net profits of 502 million yuan, 590 million yuan, and 690 million yuan for 2024, 2025, and 2026, respectively, indicating growth rates of 18.2%, 17.5%, and 16.9% [5][16]. Operational Highlights - The company has enhanced its product offerings, with revenue from kitchen and bathroom products reaching 2.870 billion yuan, a year-on-year increase of 4.28%. The overseas supply chain capabilities have been strengthened, particularly with the expansion of the Thailand base and ongoing research in Mexico [4][5]. - The company is focusing on digital transformation and cost efficiency, which has positively impacted its gross margin and overall profitability [4]. Market Position - Jianlin Home is recognized as a leading manufacturer in the domestic kitchen and bathroom products sector, with a strong emphasis on smart manufacturing and international client relationships [15]. The company is well-positioned to benefit from the recovery in demand and the normalization of inventory levels [5].

厦门建霖健康家居股份有限公司 证券代码：603408 证券简称：建霖家居 公告编号：2024-022 关于以集中竞价交易方式回购公司股份的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性 和完整性承担法律责任。 一、回购的基本情况 厦门建霖健康家居股份有限公司（以下简称"公司"）于 2024 年 2 月 6 日召开了第三届董事会第四次会议、第三届监事会第三 次会议，审议通过了《关于以集中竞价交易方式回购股份方案的 议案》。公司拟使用总额不超过人民币 4,000 万元且不低于人民 币 2,000 万元的自有资金回购公司股份，回购期限自公司董事会 审议通过回购方案之日起不超过 6 个月，具体内容详见公司 2024 年 2 月 7 日于上海证券交易所网站（www.sse.com.cn）及指定媒 体披露的《厦门建霖健康家居股份有限公司关于以集中竞价交易 方式回购股份的回购报告书暨推动公司"提质增效重回报"方案》 （公告编号：2024-002）。 二、回购的进展情况 根据《上海证券交易所上市公司自律监管指引第 7 号——回 购股份》等相关法律法规规定 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price not specified [8][7]. Core Views - The company is expected to see strong demand in 2024, continuing the recovery of orders that began in Q2 2023 due to overseas clients de-stocking [2][6]. - The company has a competitive edge in the kitchen and bathroom water purification sector, with established partnerships in overseas markets and a focus on building its brand through cross-border e-commerce [6][15]. - The financial performance for 2023 shows a revenue of 4.33 billion, a year-on-year increase of 3.5%, but a decline in net profit by 7.3% to 420 million, attributed to reduced foreign exchange gains [5][3]. Financial Summary - In 2023, the company achieved a gross margin of 26.0%, up 1.7 percentage points year-on-year, while the net margin was 9.8%, down 1.2 percentage points [3][14]. - The company’s revenue for Q4 2023 was 1.244 billion, a year-on-year increase of 47.3%, with a net profit of 130 million, up 33.7% [32]. - The projected net profits for 2024-2026 are 480 million, 570 million, and 650 million respectively, with corresponding P/E ratios of 12, 10, and 9 times [15][16]. Product and Market Position - The company has established a multi-channel approach in overseas markets, partnering with major retailers like Lowe's and Home Depot, which is expected to drive revenue growth [6][15]. - The company is enhancing its local service capabilities in the U.S. to strengthen customer relationships and is expected to benefit from a recovery in the U.S. real estate market [15][33]. Cost and Expense Management - The report indicates that the company’s selling, administrative, R&D, and financial expense ratios for 2023 were 3.5%, 6.0%, 5.5%, and -0.4% respectively, with slight increases in selling and administrative expenses [3][12].

Financial Performance - The company achieved operating revenue of CNY 4.33 billion in 2023, representing a year-on-year increase of 3.52%[23]. - The net profit attributable to shareholders was CNY 424.83 million, a decrease of 7.25% compared to the previous year[23]. - The cash flow from operating activities was CNY 611.54 million, down 25.08% from the previous year[23]. - Basic earnings per share decreased to CNY 0.96, down 6.8% from CNY 1.03 in 2022[24]. - The weighted average return on equity was 13.32%, down from 16.9% in the previous year, a decrease of 3.58 percentage points[24]. - The total assets at the end of 2023 were CNY 4.70 billion, an increase of 6.79% compared to the end of 2022[23]. - The company reported a significant increase in revenue, achieving a total of $1.2 billion for the fiscal year, representing a 15% year-over-year growth[121]. - The company provided guidance for the next fiscal year, projecting revenue growth of 10% to $1.32 billion[121]. Dividend Policy - The company plans to distribute a cash dividend of 4.4 RMB per 10 shares to all shareholders for the 2023 fiscal year, subject to approval at the annual general meeting[6]. - The cash dividend policy stipulates that if the company is in a mature stage without significant capital expenditure, at least 80% of the profit distribution should be in cash dividends[149]. - The company has committed to conducting annual cash dividends, with a minimum total cash dividend amounting to 20% of the audited net profit attributable to shareholders[149]. - The board of directors has approved the dividend distribution proposal, which will be submitted for shareholder approval at the annual general meeting[152]. Research and Development - In 2023, the company's R&D investment reached 239 million yuan, accounting for approximately 5.5% of total revenue, with 928 existing R&D and technical personnel[34]. - The company added 230 authorized patents in 2023, including 19 invention patents, marking a new high, with a total of 2,197 effective authorized patents by the end of the reporting period[35]. - Research and development expenses for the year amounted to CNY 238.59 million, a decrease of 6.64% compared to the previous year[61]. - The company is committed to continuous high-level R&D investment to enhance technological innovation and optimize patent layout[89]. Market Strategy - The company emphasized innovation and digital transformation as key strategies for enhancing operational efficiency and competitiveness[33]. - The company plans to deepen its global strategic layout and enhance its core competitiveness in the coming years[33]. - The company is focusing on smart manufacturing and expanding its range of smart home products to drive future growth[33]. - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[121]. Corporate Governance - The company has received a standard unqualified audit report from Dahua Certified Public Accountants[5]. - The company has not violated decision-making procedures for external guarantees[8]. - The company maintains complete independence from its controlling shareholders in terms of assets, personnel, finance, and operations, with no instances of asset occupation or misuse reported[114]. - The company actively engages with investors through various channels, including performance briefings and direct communication, to ensure transparency and protect shareholder rights[111]. Environmental Responsibility - The company has invested a total of 589.72 million CNY in poverty alleviation and rural revitalization projects, benefiting 3,701 individuals[178]. - The company has implemented measures to treat various pollutants, including wastewater, waste gas, and solid waste, in compliance with national standards[165]. - The company has a zero administrative penalties record related to environmental issues during the reporting period[171]. - The company is committed to energy conservation and emission reduction, aligning with national policies for a greener industry[172]. Risk Management - The company has detailed potential risk factors in its management discussion and analysis section[8]. - The company emphasizes the importance of risk management in its derivative trading activities to mitigate market and liquidity risks[84]. - The company has implemented measures such as advance ordering and price locking to mitigate the risk of raw material price fluctuations, which include plastics, metals, and filter materials[105]. Employee Engagement - The company has implemented a comprehensive training program aimed at enhancing employee management and technical skills[145]. - The remuneration policy includes basic salary, allowances, and bonuses, supported by a welfare system to attract and retain talent[144]. - The total number of shares held by directors and senior management at the end of the reporting period was 846,131 shares, an increase of 147,200 shares compared to the beginning of the year[119]. Community Engagement - The company has established a youth volunteer service program to enhance community engagement and environmental awareness[182]. - The company has donated a total of 144.6 million CNY to various charitable projects, benefiting 2,638 individuals[177]. - The company committed to donate 1 rice cooker, 36 wheelchairs, and 1 toilet to assist 38 elderly individuals in need during a charity event in October[182].