In April 2021, listed ceramic companies successively released first-quarter financial reports. Affected by the COVID-19 epidemic last year, the performance of listed ceramic companies in the first quarter of this year all increased significantly compared with the same period last year, with the largest increase reaching 135.28% and the lowest increase of 46.16%.
Specifically, the performance overview of listed ceramic companies in the first quarter is as follows: Dongpeng Holdings’ revenue was 1.133 billion yuan, a year-on-year increase of 135.28%; Mona Lisa’s revenue was 996 million yuan, a year-on-year increase of 105.62%; Yuexin Health ( Smic Tiles) revenue was 209 million yuan, a year-on-year increase of 71.90%; Keda Manufacturing revenue was 2.112 billion yuan, a year-on-year increase of 65.91%; Diou Home Furnishing (Oshennuo Ceramics) revenue was 1.160 billion yuan, a year-on-year increase of 46.16%.
Mona Lisa
Revenue 996 million yuan
A year-on-year increase of 105.62%
On April 17, Mona Lisa released its first quarter report for 2021. The report shows that Mona Lisa's operating income in the first quarter was 996 million yuan, a year-on-year increase of 105.62%; the net profit attributable to shareholders of the listed company was 47.0796 million yuan, a year-on-year increase of 18.93%. In addition, its total assets at the end of the first quarter were 8.833 billion yuan, an increase of 16.53% from the end of 2020.
The report shows that the reason why revenue doubled year-on-year in the first quarter is mainly because "the epidemic has been effectively controlled and the economic and social order has returned to normal" and "the effect of the company's 'distribution + strategy' two-wheel drive marketing strategy is reflected."
In the first quarter report, Mona Lisa also mentioned the progress of five important issues, their impact and solutions. These include the quite eye-catching acquisition of Jiangxi Putin Ceramics and the technological transformation project of special high-performance ceramic plates.
Starting from December 31, 2020, Mona Lisa started the capital operation to acquire Jiangxi Putin Ceramics. It was not until February 9, 2021 that the market supervision change registration procedures for the relevant equity transfer and capital increase were finally completed, and "Gao'an Mona Lisa New Materials Co., Ltd." was finally established, which also became Mona Lisa. Lisa's holding subsidiary, 70% of which is directly held by Mona Lisa.
As for the green and intelligent technological transformation project of special high-performance ceramic plates, it was reviewed and approved by the Mona Lisa board of directors on March 8, 2021, and the original planned total investment of the project was adjusted from 600 million yuan to 530 million yuan. billion. On March 28, the third pottery of the projectThe transformation of porcelain production line 118D was completed and the kiln lighting and warming ceremony was held. As of April 17, when the first quarter report was released, the transformation of the three ceramic production lines of the project had been completed.
DEOU Home
Revenue 1.160 billion yuan
Net profit 75.7024 million yuan
On April 28, Diou Home Furnishing released its first quarter report for 2021, showing that its operating income was 1.16 billion yuan, a year-on-year increase of 46.16%; the net profit attributable to shareholders of the listed company was 75.7024 million yuan, a year-on-year increase of 49.80%. In addition, its total assets at the end of the first quarter were 9.078 billion yuan, an increase of 1.24% from the end of 2020.
The main reason for the 46.16% year-on-year revenue growth of Diou Home Furnishing in the first quarter was "the steady advancement of the company's overall strategy and the increase in sales revenue."
In the report, Diou Home Furnishing mentioned the "progress of an important matter", namely the "issuance of convertible corporate bonds", which was approved by the China Securities Regulatory Commission on February 9, 2021. According to the announcement issued by Diou Home on this matter on February 23, 2021, the specific content of its issuance of convertible bonds is "the public issuance of convertible corporate bonds with a total face value of 1.5 billion yuan to the public, with a term of 6 years."
Dongpeng Holdings
Revenue 1.133 billion yuan
A year-on-year increase of 135.28%
On April 28, the first quarter report of Dongpeng Holdings for 2021 was released, showing that its operating income was 1.133 billion yuan, a year-on-year increase of 135.28%; the net profit attributable to shareholders of the listed company was 51.9747 million yuan, a year-on-year increase of 147.55%; operating activities The net cash flow generated was 36.9063 million yuan, a year-on-year increase of 104.89%.
The report shows that the main reason why Dongpeng Holdings’ revenue increased by 135.28% year-on-year in the first quarter was that “the domestic epidemic was under control during the reporting period, and the economic and social order returned to normal; the “distribution + engineering” two-wheel drive marketing policy promoted the launch of new products , revenue growth.”
Dongpeng Holdings also disclosed in the report that “raising"Progress of Capital Investment Projects", which lists the "new environmentally friendly ecological stone plate transformation project with an annual output of 3.15 million square meters, the expansion of 4 ceramic production lines, the second phase expansion project of Lixian Xinpeng Ceramics Co., Ltd., the annual output of 2.6 million pieces "Water-type sanitary ware and 1 million pieces of hardware faucets construction projects, Dongpeng information equipment and system upgrade projects, and intelligent product showroom construction projects", the total committed investment for the above six projects is 1.48 billion yuan.
Healthy Heart
Revenue 209 million yuan
A year-on-year increase of 71.90%
On April 15, Yuexin Health released its first quarter report for 2021, showing that its operating income was 209 million yuan, a year-on-year increase of 71.90%; the net profit attributable to shareholders of the listed company was -11.5328 million yuan, although the net profit was negative. , but increased by 39.55% year-on-year. As of the end of the first quarter, Yuexin Health's total assets were 2.472 billion yuan, a decrease of 1.17% from the end of 2020.
Yuexin Health's first quarter report also showed that its operating income increased by 71.90% year-on-year. The main reason was that "ceramic tile operating income increased by 109% year-on-year, and operating income was lower due to the epidemic last year."
In addition, its investment income in the first quarter was 814,700 yuan, a year-on-year decrease of 43.18%. The main reason was that "Jiangsu Anyi Health Management Group Co., Ltd. recognized an investment loss of 2.305 million yuan in this reporting period, and Xinshan The investment income of Insurance Agency Co., Ltd. increased by 1.7787 million yuan year-on-year."
Made by Keda
Revenue 2.112 billion yuan
Net profit 191 million yuan
On April 28, Keda Manufacturing released its first quarter report for 2021, showing that its operating income was 2.112 billion yuan, a year-on-year increase of 65.91%; the net profit attributable to shareholders of listed companies was 191 million yuan, a year-on-year increase of 526.95%; operating activities The net cash flow generated was 18.0359 million yuan, a year-on-year increase of 131.22%. In addition, its total assets at the end of the first quarter were 13.916 billion yuan, an increase of 3.98% compared with the end of 2020.
The main reason why Keda Manufacturing’s revenue increased by 65.91% year-on-year in the first quarter was “the company’s domestic building materials machinery product sales revenue increased significantly due to the impact of downstream market demand.”
Regarding expectations for the first half of this year, Keda Manufacturing disclosed in the report: "In 2021, the macro economy will recover steadily, benefiting from the development of the company's ceramic machinery and overseas construction ceramics business, as well as the increase in the price of lithium carbonate for joint-stock companies With the growth in Lanke Lithium’s performance, the company’s cumulative net profit in the first half of 2021 is expected to increase significantly compared with the same period last year.”
(The article is reproduced from Ceramic Information)
