Financial Performance - Natural Beauty Bio-Technology Limited reported a significant increase in revenue, achieving a total of HKD 500 million for the fiscal year, representing a 20% growth compared to the previous year[6]. - The company reported a net profit of HKD 100 million, a 30% increase from the previous year, showcasing strong financial performance[11]. - The Group's revenue in 2021 increased by 18.8% to HK$487.8 million compared to HK$410.7 million in 2020, primarily driven by a HK$77.0 million increase in product sales, which accounted for 96.7% of total revenue[42]. - Profit for the year increased by 354.6% from HK$7.8 million in 2020 to HK$35.3 million in 2021[67]. - The Group's total revenue from franchised/self-owned spas, medical cosmetology centers, and counters was HK$341.4 million in 2021, an increase of HK$51.6 million from 2020[71]. Revenue Growth Projections - For the upcoming fiscal year, the company projects a revenue growth of 25%, targeting HKD 625 million, driven by new product launches and market expansion strategies[7]. - The company provided guidance for the next fiscal year, projecting revenue growth of 20% to $180 million[110]. - The company is considering strategic acquisitions to bolster its market position, with a budget of $10 million allocated for potential deals[110]. - The company is considering strategic acquisitions to enhance its product portfolio and market presence[179]. Customer Base and Engagement - The company expanded its user base, reaching 1 million active customers, which is a 15% increase year-over-year[7]. - Customer retention rates improved to 85%, reflecting the effectiveness of the company's loyalty programs and customer engagement strategies[7]. - User data showed a 30% increase in active users, reaching 1.2 million by the end of the year[110]. - Market expansion plans include entering two new international markets, projected to increase user base by 15%[110]. Product Development and Innovation - The company is investing in R&D for new products, with a budget allocation of HKD 50 million, focusing on innovative beauty solutions[7]. - New product launches are expected to contribute an additional $20 million in revenue, with a focus on eco-friendly products[110]. - The Group emphasizes research and development, collaborating with overseas skin-care companies and utilizing bio-technology materials imported from Europe, Japan, and Australia[84]. - The Group is developing an anti-aging product line in collaboration with leading researchers in human genome and stem cell technology[84]. Market Expansion and Strategy - Natural Beauty plans to enter two new international markets in the next year, aiming to increase its global footprint and diversify revenue streams[7]. - The Group's strategic focus includes expanding its market presence and exploring potential mergers and acquisitions to drive growth[200]. - The Group aims to interact with customers through a diversified channel strategy to cater to different consumption and age demographics[200]. Operational Efficiency - The gross profit margin increased to 60%, up from 55% in the previous year, indicating improved operational efficiency[11]. - The overall gross profit margin improved from 58.5% in 2020 to 62.7% in 2021, attributed to a higher proportion of higher-margin products[44]. - Selling and administrative expenses increased by HK$31,800,000 to HK$181,600,000 in 2021, accounting for 37.2% of total revenue[64]. Corporate Governance - The board emphasized the importance of corporate governance and compliance, ensuring all procedures align with the latest regulations[112]. - The Company received annual confirmations of independence from all independent non-executive directors in accordance with Rule 3.13 of the Listing Rules[114]. - The Company has adopted a Board Diversity Policy to achieve diversity on the Board reflecting its business strategy[122]. - The Nomination Committee is responsible for determining the policy for the nomination of Directors and reviewing the structure, size, composition, and diversity of the Board annually[129]. Risk Management - The Company has developed and adopted various risk management procedures and guidelines for key business processes, including financial reporting and human resources[147]. - The management confirmed the effectiveness of the risk management and internal control systems for the year ended December 31, 2021[152]. - The Audit Committee assists the Board in overseeing the design, implementation, and monitoring of risk management and internal control systems[147]. Sustainability and Social Responsibility - The management team emphasized a commitment to sustainability, with plans to reduce carbon emissions by 15% over the next three years[179]. - The Group's leadership team includes experienced professionals with extensive backgrounds in marketing, sales, and corporate governance[194][195].
自然美(00157) - 2021 - 年度财报