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Kitchen And Bathroom Industry Mainstream Media Kitchen And Bathroom Information
2021 has gone to late August, most of the domestic and foreign kitchen and household listed companies have released their semi-annual results. Over the past six months, influenced by the global supply chain, the price of raw materials rose sharply. Coupled with the shipping industry that has been “high fever” does not subside, the price of shipping continues to rise. Prices have repeatedly hit record highs. This undoubtedly brings a great test to foreign trade enterprises. Due to the recurrence of the epidemic and the downward macro situation, part of the domestic market is not as expected. But in the complex environment, the steady business enterprises still maintain growth and give an excellent answer sheet. The following are the semi-annual results of listed companies in the global home furnishing industry, as compiled by Kitchen & Bath Information. Most bathroom and household companies achieved higher growth. Sales and sales of various categories also rose year-on-year.
-Huida bathroom achieved a net profit of 110 million in the first half, down 12.9% year-on-year
Huida bathroom announcement shows that during the first half of 2021, the total revenue achieved was 1.74 billion, an increase of 32.4%. The net profit attributable to the mother was 110 million, down 12.9% year-on-year. Its rate of decline expanded compared with the same period last year. In the reporting period, Huida bathroom wholly-owned subsidiary of intelligent home (Chongqing) to achieve an operating income of about 28.8810 million yuan, and a net profit loss of about 21.9872 million yuan. Huida bathroom said that in the trial production, the investment in the intelligent home (Chongqing) is high. This resulted in the formation of operating losses. It is noteworthy that Huida bathroom’s R & D investment increased significantly, compared with the same period last year, an increase of 45.5%, reaching 77.527 million.
-Dongpeng Holdings is expected to achieve a net profit of 430 million in the first half of the year, an increase of 100% compared to the same period last year
Dongpeng Holdings has released its half-yearly earnings forecast for 2021, which is expected to be up in the same direction. During the reporting period, net profit attributable to shareholders of the listed company will be NT$378 million to NT$432 million, an increase of 75%-100% over the same period of the previous year. Its basic earnings per share were RMB0.32/share to RMB0.37/share. Regarding the main reasons for the change in performance, Dongpeng Holdings said that in the first half of 2021, the company actively carried out key tasks such as brand upgrading, product leadership, channel sinking, territorial supply and information construction, continued to take advantage of the main retail battlefield, achieved product, service, showroom and quality upgrades, increased the proportion of new products and high-value products, improved lean production, reduced costs and increased efficiency, and operated at scale.
-R&T achieved a net profit of $59.25 million in the first half of the year, an increase of 31.51% year-over-year
R&T’s semi-annual report for 2021 shows that it achieved operating revenue of $803 million in January-June 2021, an increase of 74% year-on-year. Its operating cost was $620 million, up 78.7% year-on-year, which was higher than the 74% growth rate of operating revenue. Net profit attributable to shareholders of the listed company was 59.25 million yuan, an increase of 31.51% year-on-year, and earnings per share were 0.1400 yuan.
The net profit of Jianlin Home in the first half of the year was 201 million yuan, an increase of 20.59% year-on-year.
On August 20, Xiamen Jianlin Healthy Home Co., Ltd. released its half-yearly report for 2021. The announcement showed that during the reporting period, the company’s operating revenue in the first half of 2021 was about 2.294 billion yuan, an increase of 41.29% year-on-year. The net profit attributable to shareholders of the listed company was about 201 million yuan, an increase of 2 by 0.59% year-on-year. Net profit after extraordinary gains and losses attributable to shareholders of the listed company was about 179 million yuan, an increase of 16.14% year-on-year. It is understood that during the reporting period, the company’s net cash flow from operating activities was approximately 49.7509 million yuan, a year-on-year decrease of 78.92%. Jianlin Home said that the net cash flow from operating activities decreased year-on-year. It was mainly due to the higher growth of cash paid for the purchase of Shangpin, receiving labor services and various taxes paid during the reporting period.
-Seagull Sumitomo achieved a net profit of 92 million in the first half of the year, an increase of 123.73% year-on-year
Seagull Sumitomo released an earnings forecast on the evening of July 12, estimating net profit attributable to shareholders of listed companies for the first half of 2021 to be 74 million to 92 million yuan, an increase of 79.95% to 123.73% year-on-year. The basic earnings per share will be RMB 0.1254~0.1559. About the main reason for the change in performance, Seagull Sumitomo said that the company’s production capacity is more adequate. And Europe and the United States during the epidemic, the consumption of household products is better. The company’s external sales orders continue to be full, and the overall situation is good with the development of domestic sales in multiple categories.
-Chenglin Sanitary Ware achieved a net profit of 30.13 million yuan in the first half-year
In its 2021 semi-annual report, Chenglin Sanitary showed that Chenglin Sanitary achieved operating revenues of approximately NT$9.9 billion (RMB2.3 billion) in the first half of the year. The net profit attributable to the mother company was NT$130 million (RMB30.13 million). Basic earnings per share were NT$0.37.
-HCG Sanitary Ware achieved a net profit of NT$13.21 million in the first half of the year
In its 2021 semi-annual report, HCG Bath & Shower reported operating revenues of NT$2.5 billion (RMB 600 million) and net income of NT$57 million (RMB 13.21 million) for the first half of the year. The basic earnings per share were NT$0.15.
-Caesar Sanitary achieved a net profit of NT$25.5 million in the first half of the year
Caesar Sanitary’s semi-annual report for 2021 showed that Caesar Sanitary achieved operating revenues of approximately NT$1.2 billion (RMB280 million) in the first half of the year. The net profit attributable to the mother company was NT$110 million (RMB 25.5 million). Basic earnings per share were NT$1.52.
-Qiaochun Sanitary Ware achieved a net profit of NT$3,709 in the first half of the year
Qiaochun Sanitary’s half-yearly report in 2021 showed that Qiaochun Sanitary achieved operating revenue of NT$4.3 billion (RMB1 billion) in the first half of the year. The net profit attributable to the parent company achieved was NT$160 million (RMB3,709). Basic earnings per share were NT$0.99.
-Sitcom achieved a net profit of $30.871 million in the first half
SCT disclosed its interim report on August 13, 2021. The Company achieved a total revenue of $190 million in the first half of 2021, an increase of 79% year-on-year. The net profit attributable to the mother was 30.871 million, compared with -489,000 yuan in the same period of the previous year, turning a loss into a profit. Earnings per share were NT$0.1.
-TOTO achieved a net profit of $530 million in the first quarter, a nine-fold increase
On July 30, TOTO reported the first quarter of the fiscal year 2021 (April 2021 to March 2022). From April to June 2021, TOTO achieved sales of 145.7 billion yen (approximately RMB 8.585 billion), an increase of 24% year-on-year. In addition to sales, TOTO’s operating profit, ordinary profit and net income attributable to shareholders of the parent company all increased several times in the first quarter, with net income attributable to shareholders of the parent company increasing nine-fold to 9 billion yen (approximately 530 million yuan) from 1 billion yen in the same period last year.
-Lixil achieved a record final profit of 1 billion yen in the first fiscal quarter
Lixil reported in the first quarter of fiscal 2021 that from April to June 2021, Lixil achieved sales of 345.8 billion yen (approximately RMB 20.375 billion), an increase of 11.4% year-over-year, with domestic sales in Japan decreasing by 1% and overseas sales jumping by 50%. In the first fiscal quarter, Lixil’s business profit and final profit reached record highs of 23.1 billion yen and 16.8 billion yen (RMB 1 billion), up 25.7 billion yen and 20.5 billion yen from a year earlier. EBITDA (earnings before taxes, interest, depreciation and amortization) also reached 43.1 billion yen.
-American Standard’s business profit in the first quarter was $31 million, a significant increase of 04%.
American Standard reported sales of $349 million in the first quarter of fiscal 2021, up 35% from April-June 2021, according to the company’s ASB (ASD Holdings). It reported a business profit of $31 million, a significant increase of 404%.
Grohe achieved a profit of 89 million euros in the first quarter, an 89-fold increase year-on-year.
In the first quarter of fiscal 2021, the Grohe Group reported sales of €455 million for the period April-June 2021, up 62% year-on-year. It reported a business profit of €89 million, 89 times higher than the €01 million reported in the same period of the previous year.