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泰慕士(001234) - 2022 Q2 - 季度财报
2022-08-23 16:00
Financial Performance - The company's operating revenue for the first half of 2022 was CNY 380,462,856.89, a decrease of 9.89% compared to CNY 422,208,549.85 in the same period last year[18]. - The net profit attributable to shareholders was CNY 46,551,956.46, down 0.68% from CNY 46,872,919.42 year-on-year[18]. - Basic earnings per share decreased by 22.27% to CNY 0.4554, down from CNY 0.5859 in the same period last year[18]. - The weighted average return on equity was 5.74%, down from 11.65% in the previous year, a decrease of 5.91%[18]. - The operating cost decreased by 11.69% to CNY 291,869,818.96 from CNY 330,501,499.32, also attributed to the pandemic's effects[49]. - The net profit attributable to shareholders of the listed company was 46.5519 million yuan, a slight decrease of 0.68% year-on-year[36]. - The company reported a total of CNY 4,090,330.81 in non-recurring gains and losses for the period[23]. - The company reported a total of 46,960,000 RMB in entrusted financial management, with 39,769,000 RMB already incurred[134]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 979,683,439.68, reflecting a 51.62% increase from CNY 646,158,386.94 at the end of the previous year[18]. - As of the end of the reporting period, the company's total assets amounted to 979.6834 million yuan, an increase of 51.62% from the beginning of the year[36]. - The total liabilities decreased from RMB 169,298,404.72 to RMB 126,561,009.95, a decline of approximately 25.3%[157]. - The total equity attributable to shareholders at the end of the reporting period was ¥853,122,429.73, compared to ¥476,859,982.22 at the end of the previous year, indicating a growth of about 78.7%[176]. Cash Flow - The net cash flow from operating activities increased by 36.99% to CNY 73,242,854.16, compared to CNY 53,464,157.71 in the previous year[18]. - The net cash flow from operating activities rose by 36.99% to CNY 73,242,854.16, mainly due to suppliers requesting delayed payments[49]. - The net cash flow from investment activities was -¥421,575,397.10, a significant decline from -¥12,118,265.32 in the first half of 2021[175]. - The cash flow from financing activities showed a net increase of ¥329,154,778.27, compared to a net outflow of -¥22,260,550.02 in the same period last year[175]. Research and Development - Research and development investment increased by 19.55% to CNY 16,254,896.98, reflecting the company's commitment to innovation[49]. - During the reporting period, the company launched 7 new R&D projects, bringing the total to 16 ongoing projects[39]. - Research and development expenses rose to CNY 16,254,896.98, an increase of 19.5% compared to CNY 13,596,487.51 in the same period last year[163]. Market and Sales - The company's foreign sales increased by 23.09% to CNY 158,045,851.10, while domestic sales decreased by 24.30% to CNY 222,417,005.79[53]. - The company aims to focus on the growing market for sports knitwear and branded children's clothing, leveraging its production technology and establishing partnerships with well-known brands[80]. - The company has established a strong customer base, including well-known brands such as Decathlon, Semir, Anta, and Quiksilver, enhancing customer satisfaction and stability[40]. Risk Management - The company faces risks due to macroeconomic fluctuations, including the impact of COVID-19, the Russia-Ukraine conflict, and inflation, leading to a decline in consumer confidence and demand for textile products[78]. - The company plans to enhance research and development and strengthen cost control to improve its risk management capabilities[79]. - The company is facing a risk of declining market share if it fails to adapt to changing consumer demands and optimize its product structure[80]. Environmental and Social Responsibility - The company was recognized as a "Leading Enterprise in Green Development" by the Jiangsu Provincial Department of Ecology and Environment in August 2022[102]. - The company has implemented an environmental self-monitoring plan, completing all monitoring tasks for the first half of the year, with all pollutant discharge concentrations within the required standards[99]. - The company has established a charitable foundation, providing financial support for over 100 underprivileged children, with 31 children successfully entering university[110]. Shareholder and Management Commitments - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of its IPO, which started on January 11, 2022, and is currently fulfilling this commitment[113]. - The commitments made by major shareholders and management are aimed at stabilizing the stock price and maintaining investor confidence[113]. - The company is committed to adhering to all regulatory requirements related to shareholding and management practices[113]. Corporate Governance - The financial statements were approved by the board of directors on August 22, 2022, ensuring compliance with relevant accounting standards[198]. - The company has not reported any changes in the implementation of fundraising projects during the reporting period[74]. - There were no major lawsuits or arbitration matters during the reporting period[121].
泰慕士(001234) - 2022 Q1 - 季度财报
2022-04-24 16:00
Financial Performance - The company's operating revenue for Q1 2022 was CNY 213,189,551.37, a decrease of 1.19% compared to CNY 215,767,057.39 in the same period last year[4] - Net profit attributable to shareholders increased by 17.18% to CNY 26,062,004.60 from CNY 22,241,737.39 year-on-year[4] - The company reported a basic earnings per share of CNY 0.24, down 14.29% from CNY 0.28 in the same period last year[5] - Operating profit for Q1 2022 was 29,614,274.83 CNY, up from 25,410,853.30 CNY in the same period last year, reflecting a growth of approximately 16.0%[26] - Net profit for Q1 2022 reached 26,062,004.60 CNY, compared to 22,241,737.39 CNY in Q1 2021, marking an increase of about 17.0%[26] Cash Flow - The net cash flow from operating activities improved significantly to CNY 13,431,962.15, a 264.57% increase from a negative CNY 8,161,756.44 in the previous year[5] - Cash flow from operating activities generated a net amount of 13,431,962.15 CNY in Q1 2022, a significant improvement compared to a net outflow of -8,161,756.44 CNY in Q1 2021[31] - The company’s cash flow from financing activities surged to CNY 382,195,712.98, a 119,396.67% increase compared to a negative CNY 320,374.17 in the previous year[12] - Investment activities resulted in a net cash outflow of -320,944,991.84 CNY in Q1 2022, compared to -12,714,465.32 CNY in Q1 2021, indicating increased investment activity[32] Assets and Liabilities - Total assets rose by 52.53% to CNY 985,565,548.53 compared to CNY 646,158,386.94 at the end of the previous year[5] - The total assets of the company reached CNY 985,565,548.53, up from CNY 646,158,386.94, indicating a growth of 52.5%[22] - The company's current assets increased to CNY 772,541,054.81 from CNY 429,316,418.84 at the beginning of the year, reflecting a growth of 80%[19] - The total liabilities decreased to CNY 99,599,720.66 from CNY 169,298,404.72, a reduction of 41%[22] - The company’s total liabilities decreased by 43.86% in accounts payable, reflecting payments made for construction projects[9] Equity and Reserves - The equity attributable to the parent company increased to CNY 885,965,827.87 from CNY 476,859,982.22, representing an increase of 85.5%[22] - The company reported a significant increase in capital reserve to CNY 531,524,002.70 from CNY 175,146,861.65, an increase of 203%[22] Expenses - The company’s sales expenses increased by 32.23% to CNY 886,144.56 as a result of increased marketing efforts to expand the market[10] - Research and development expenses increased to 7,569,275.73 CNY in Q1 2022 from 6,819,873.52 CNY in Q1 2021, indicating a rise of about 11.0%[30] Inventory and Receivables - Accounts receivable rose to CNY 184,223,890.19 from CNY 168,089,425.00, an increase of 9.6%[19] - Inventory decreased to CNY 118,253,542.55 from CNY 146,651,540.03, a decline of 19.4%[19] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[16] - The first quarter report has not been audited[34] - The board meeting of Jiangsu Taimusi Textile Technology Co., Ltd. was held on April 21, 2022[35]
泰慕士(001234) - 2021 Q4 - 年度财报
2022-04-24 16:00
Financial Performance - The company's operating revenue for 2021 was ¥869,337,604.86, representing a 25.35% increase compared to ¥693,538,467.82 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥98,051,622.26, a 19.56% increase from ¥82,008,906.42 in 2020[20]. - The net profit after deducting non-recurring gains and losses was ¥91,558,193.10, up 19.39% from ¥76,686,505.83 in 2020[20]. - The company's total assets increased by 19.86% to ¥646,158,386.94 at the end of 2021, compared to ¥539,107,401.98 at the end of 2020[20]. - The net assets attributable to shareholders rose by 25.88% to ¥476,859,982.22 at the end of 2021, from ¥378,808,359.96 at the end of 2020[20]. - The basic earnings per share for 2021 was ¥1.23, reflecting a 19.42% increase from ¥1.03 in 2020[20]. - The total profit reached ¥110,885,454.42, reflecting a year-on-year growth of 17.36%[47]. - The company achieved total revenue of ¥869,337,604.86, representing a year-on-year growth of 25.35%[63]. - The total distributable profit for shareholders was 180,004,885.27 CNY, after deducting the statutory surplus reserve of 9,112,287.78 CNY[167]. - A cash dividend of 5.00 CNY per 10 shares (including tax) was proposed, amounting to a total cash dividend of 53,333,350.00 CNY[167]. Research and Development - A total of 18 R&D projects were running, with 7 new projects initiated during the reporting period[42]. - The company holds 53 patent authorizations, including 37 invention patents, showcasing its R&D capabilities[48]. - The company achieved a research and development investment of approximately ¥30.39 million in 2021, representing a 16.63% increase from ¥26.05 million in 2020[81]. - The number of R&D personnel increased by 12.50% to 189 in 2021, with a notable rise in the number of personnel under 30 years old by 56.25%[81]. - The company completed several key projects in 2021, including the development of high-performance antibacterial fabrics and energy-saving dyeing processes, enhancing product value and market competitiveness[79][80]. Market and Sales - Revenue from children's clothing surged by 69.89% to ¥276,597,067.20, up from ¥162,806,444.55 in 2020, accounting for 31.82% of total revenue[65]. - Domestic sales amounted to ¥581,672,024.94, which is 66.91% of total revenue, reflecting a growth of 28.95% from ¥451,070,940.34 in 2020[66]. - The company sold 2,578.56 million pieces in 2021, a 12.92% increase from 2,283.55 million pieces in 2020[70]. - The top five customers accounted for 84.97% of total sales, with the largest customer contributing 44.86%[73]. - The company is expanding its market presence in Southeast Asia, with plans to enter three new countries by the end of 2022[139]. Operational Efficiency - The company increased its production capacity by 20% through supply chain management and operational optimization[41]. - The automated ironing research project improved production efficiency from 300 pieces per day to approximately 1200 pieces per day, increasing labor efficiency by 300%[81]. - The company plans to enhance automation, information technology, and smart production processes to become a leading manufacturer in the knitted apparel industry[101]. - The company aims to strengthen fabric development and rapid response capabilities to optimize collaboration across production stages, thereby enhancing production efficiency and market competitiveness for downstream customers[105]. Environmental Responsibility - The company is classified as a key pollutant discharge unit by environmental protection authorities[178]. - The company achieved a total wastewater discharge of 37.40 tons for CODcr, which is within the permissible limits[178]. - The company has implemented a self-monitoring plan for environmental emissions, complying with national and local regulations[183]. - The company aims to enhance clean production levels by implementing energy-saving technology upgrades, which will reduce energy consumption and pollution emissions[191]. - The company is focused on building a resource-saving and environmentally friendly green factory, which is seen as a growth point for its survival and development[185]. Corporate Governance - The company has established an independent financial accounting department and a financial decision-making system, ensuring no shared bank accounts with controlling shareholders[125]. - The board of directors and supervisory board operate independently, with no influence from controlling shareholders[124]. - The company has a clear asset ownership structure, with all production-related assets independently owned[123]. - The company has not reported any risks identified by the supervisory board during its oversight activities[152]. - The company has a complete and independent production, research and development, procurement, and sales system[121]. Employee Management - The company employed a total of 2,208 staff members at the end of the reporting period, including 1,806 production personnel and 178 technical personnel[153]. - The company has established a salary management system that includes a performance-based component for non-production roles, ensuring alignment with overall business performance[155]. - The company conducted regular professional skills training to enhance employee capabilities and ensure safety awareness through safety education training[156][157]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 5.83 million CNY[145]. - The company has committed to maintaining a harmonious labor relationship by ensuring compliance with labor laws and providing various social insurances for employees[197].