Workflow
中国金典集团(08281) - 2021 Q1 - 季度财报

Financial Performance - The company reported a revenue of RMB 68,259,000 for the three months ended March 31, 2021, representing a 29.8% increase from RMB 52,573,000 in the same period last year[5]. - Gross profit for the same period was RMB 27,010,000, up from RMB 22,138,000, indicating a gross margin improvement[5]. - The company incurred a loss before tax of RMB 3,680,000, compared to a loss of RMB 4,127,000 in the previous year, reflecting a reduction in losses[5]. - The net loss for the period was RMB 2,945,000, an improvement from RMB 4,127,000 in the prior year[5]. - Basic and diluted loss per share was RMB 0.29, compared to RMB 0.41 for the same period last year[5]. - The net loss for the period was approximately RMB 29.45 million, a decrease of about RMB 12.7 million or 28.6% from the net loss of RMB 41.27 million in the previous year[28]. - The basic loss per share for the period was RMB 0.29, compared to RMB 0.41 in the same period last year[32]. - The net loss for the period was RMB 2.9 million, an improvement of approximately RMB 1.2 million or 28.6% compared to a net loss of approximately RMB 4.1 million in the same period last year, with a net loss margin of 4.3%[40]. Revenue Breakdown - Revenue from household hygiene products increased by approximately RMB 87 million or 34.9% to RMB 336 million, while oral care products revenue rose by approximately RMB 48 million or 19.9% to RMB 290 million[33]. - The leather care products revenue increased by approximately RMB 22 million or 62.5% to RMB 57 million, recovering from the low levels impacted by COVID-19 last year[33]. Operational Efficiency - The company is committed to maintaining its operational efficiency and reducing administrative expenses, which decreased to RMB 10,292,000 from RMB 11,494,000 year-over-year[5]. - Administrative expenses decreased to approximately RMB 10.3 million from approximately RMB 11.5 million, a reduction of approximately RMB 1.2 million or 10.5%[38]. - Interest expenses for the period were approximately RMB 0.2 million, down approximately RMB 0.5 million or 71.1% from approximately RMB 0.8 million in the same period last year[39]. Future Plans - The company plans to enhance its market presence and product offerings in the oral care and household hygiene segments[12]. - The company plans to increase inventory of raw materials and packaging to address rising costs[29]. - A new highly automated production line for household hygiene products is expected to commence production in Q3 2021, aimed at meeting growing customer demand[29]. Shareholder Information - Major shareholders include Ms. Li Qiu Yan with a 57.56% stake and Mr. Tong Xing with a 10.69% stake in the company[44][48]. Compliance and Governance - The company has adopted a code of conduct for securities trading that meets or exceeds the standards set by GEM Listing Rules, confirming compliance by all board members during the reporting period[55]. - The audit committee has reviewed the unaudited consolidated performance for the period and believes it complies with applicable accounting standards and GEM Listing Rules[59]. - The company maintains sufficient public float as required by GEM Listing Rules since the listing date[63]. Dividends and Investments - The company did not declare any dividends for the period ending March 31, 2021[26]. - The board decided not to declare a dividend for the period[41]. - The company redeemed a wealth management product with a principal amount of RMB 10 million during the period[41]. - No significant investments, acquisitions, or disposals of subsidiaries or associates were held during the period[41].