DEHUA TB(SZ:002043)2024-05-14 09:56Sales Performance - The company has a market share of approximately 5% in the high-end eco-friendly furniture board segment, making it one of the largest enterprises in China by sales scale [5] - In 2023, the revenue from the company's custom home business was 596 million, representing a year-on-year growth of 15.48% [7] - The decorative materials business saw a year-on-year revenue increase of 3.23%, while the cost of sales increased by 2.44% [6] Market Strategy - The company is focusing on multi-channel operations, targeting various markets including urban residential, public commercial buildings, and self-built houses in rural areas [5] - In 2024, the company plans to enhance its sales capabilities and service quality through team building in sales branches and channel operation centers [6] - The company aims to strengthen its market position by focusing on high-potential channels such as home decoration companies and furniture factories [6] Financial Management - The company considers liquidity and market risks in its financial operations, utilizing a mix of short-term and long-term financing methods to optimize its financing structure [5] - The company has received credit lines from multiple commercial banks to meet operational funding needs [5] - In 2023, the company faced challenges in cash flow due to significant outflows from financing activities, primarily for debt repayment and dividend distribution [8] Product Development - The company is investing in R&D projects focused on flame-retardant boards and environmentally friendly materials [8] - Future plans include launching new products and entering new markets to enhance revenue [8] Risk Management - The company has implemented measures to manage risks associated with raw material price fluctuations and has the ability to adjust product pricing accordingly [7] - The company is actively promoting the recovery of accounts receivable to mitigate potential risks [8]