Core Viewpoint - The financial performance of the woodworking brand Tan Mu Jiang (00837) has shown a significant slowdown in growth for the fiscal year 2024, with a slight increase in revenue but a decline in profit [1][2]. Financial Summary - For the fiscal year ending December 31, 2024, the company reported revenue of 505.44 million RMB, a year-on-year increase of 1.2% [2]. - The profit attributable to the company's owners was 171.37 million RMB, down 1.4% from the previous year [2]. - The gross profit increased by 1.4% to 305.20 million RMB, while the pre-tax profit rose by 1.5% to 212.93 million RMB [2]. - Basic earnings per share decreased by 1.4% to 68.90 RMB cents [2]. - The final dividend per share was 36.63 HKD cents, a decrease of 5.2% compared to the previous year [2]. Business Performance - The offline business showed relative stability, with a 2.7% increase in revenue, although direct store revenue fell by 4.3% to 4.46 million RMB [1]. - Online sales faced challenges, with a 0.9% decline to 210 million RMB, attributed to overlapping holiday seasons and lack of participation in major sales events [1][3]. - The company executed 13 marketing campaigns in 2024, but sales during the Valentine's Day campaign dropped significantly by 61.07% year-on-year, indicating a need for adjustment in marketing strategies [3]. Market Position - The company's high-end pricing strategy is under market scrutiny, with some consumers perceiving its products as overpriced compared to ordinary brands [3]. - Despite some recognition for product durability, overall market feedback has been mixed, suggesting a need for improved value perception [3]. - As of April 17, 2025, the stock price was 5.71 HKD per share, down from a peak of 6.78 HKD per share on March 27, 2025, with a total market capitalization of 1.42 billion HKD [3].

CARPENTER TAN HOLDINGS LIMITED 譚木匠控股有限公司 ( 於開曼群島註冊成立的有限公司 ) 股份代號 : 837 僅供識別 2024 年報 | 1 | 目錄 | 62 | 綜合損益表 | | --- | --- | --- | --- | | 2 | 公司資料 | 63 | 綜合損益及其他全面收益表 | | 4 | 財務摘要 | 64 | 綜合財務狀況表 | | 5 | 主席報告書 | 66 | 綜合權益變動表 | | 7 | 管理層討論與分析 | 67 | 綜合現金流量表 | | 31 | 董事及高級管理人員簡介 | 69 | 財務報表附註 | | 34 | 企業管治報告 | 139 | 持作投資用途之主要物業 | | 46 | 董事會報告 | 140 | 財務概要 | 58 獨立核數師報告 目錄 公司資料 執行董事 譚傳華先生 （主席） 譚棣夫先生 羅洪平先生 譚力子先生 （於二零二五年二月一日獲委任） 劉珂佳女士 （於二零二五年二月一日獲委任） 獨立非執行董事 周錦榮先生 劉麗婷女士 楊天南先生 審核委員會 周錦榮先生 （主席） 劉麗婷女士 楊天南先生 薪酬委員會 周錦榮先生 ...

譚木匠控股有限公司* （於開曼群島註冊成立之有限公司） （股份代號：837） 截至二零二四年十二月三十一日止年度之 年度業績公告 業績摘要 – 1 – ‧ 收益增加1.2%至約人民幣505,436,000元（二零二三年：人民幣499,688,000元）。 ‧ 毛利增加1.4%至約人民幣305,202,000元（二零二三年：人民幣300,877,000元）。 ‧ 毛利率上升0.2個百份點至60.4%（二零二三年：60.2%）。 ‧ 截至二零二四年十二月三十一日止年度之溢利減少1.3%至約人民幣171,479,000 元（二零二三年：人民幣173,774,000元）。 ‧ 本公司擁有人應佔溢利減少1.4%至約人民幣171,366,000元(二零二三年：人民 幣173,734,000元)。 ‧ 每股盈利減少1.4%至約人民幣68.90分（二零二三年：人民幣69.85分）。 ‧ 基於本集團業績，董事建議就截至二零二四年十二月三十一日止年度派發末 期股息每股36.63港仙（二零二三年：38.64港仙），惟須經股東於二零二五年 五月二十三日（星期五）舉行之應屆股東週年大會上批准。 香港交易及結算所有限公司及香港聯合交易所 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was RMB 263,082,000, representing a 2.5% increase from RMB 256,773,000 in the same period of 2023[8]. - Gross profit increased to RMB 162,245,000, up 4.8% from RMB 154,885,000, with a gross margin of 61.7%, compared to 60.3% in the previous year[8]. - Profit attributable to owners of the company was RMB 96,288,000, a 2.6% increase from RMB 93,880,000 in the prior year[8]. - Basic earnings per share rose to RMB 38.7, up 2.7% from RMB 37.7 in the same period last year[8]. - Operating profit for the six months ended June 30, 2024, was approximately RMB 119,491,000, a decrease of about RMB 2,017,000 or 1.7% compared to RMB 121,508,000 in 2023[47]. - The net profit for the six months ending June 30, 2024, was approximately RMB 96,288,000, an increase of about RMB 2,340,000 or 2.5% compared to RMB 93,948,000 for the same period in 2023[51]. - Total comprehensive income for the period was RMB 94,383,000, slightly down from RMB 94,743,000 in the previous year, indicating a decrease of about 0.4%[86]. - The effective tax rate for the six months ended June 30, 2024, was 19.2%, a decrease of 3.3 percentage points from 22.5% in the same period of 2023[50]. Financial Position - As of June 30, 2024, the group had cash and bank balances of RMB 104,304,000, up from RMB 67,381,000 on December 31, 2023, primarily sourced from operating income[52]. - The company's non-current assets increased to RMB 517,466,000 as of June 30, 2024, up from RMB 289,458,000 at the end of 2023, reflecting a significant growth of approximately 78.7%[87]. - Current assets decreased to RMB 403,625,000 from RMB 641,319,000, showing a decline of about 37.1%[87]. - The net current asset value was RMB 326,549,000, down from RMB 548,125,000, indicating a decrease of approximately 40.3%[87]. - The company's total equity increased to RMB 811,423,000 as of June 30, 2024, compared to RMB 808,484,000 at the end of 2023, reflecting a marginal increase of about 0.2%[87]. - The group has no bank loans or interest-bearing debts as of June 30, 2024, indicating a debt-free capital structure[54][55]. Operational Highlights - The company aims to enhance internal governance and expand external market opportunities despite challenges such as currency depreciation and rising raw material costs[11]. - The company remains committed to its core values of quality branding and customer service amidst a competitive market environment[11]. - The management acknowledges the need for continued efforts to meet annual growth targets in the second half of 2024[11]. - The company is preparing to seize new market opportunities despite current economic challenges[11]. - The total number of stores increased to 1,199 as of June 30, 2024, up from 1,170 on December 31, 2023, representing a net increase of 29 stores[16]. - The company opened a record 102 new stores during the reporting period, with 98.0% of these located in shopping centers[18]. - The membership base grew by over 120,000, surpassing one million total members, with a 128.0% increase in processed member redemption orders compared to the previous year[21]. - The company is committed to expanding its market presence in new first-tier cities and revitalizing the Northeast market, which has become a significant growth contributor[15]. Marketing and Sales Strategy - The company plans to enhance its brand image in overseas markets while focusing on developing quality offline channels and platforms[13]. - The company aims to improve service quality and value-added services in its stores, optimizing product categorization and inventory management[13]. - The company is actively exploring new retail business models and increasing advertising efforts around its stores to drive sales[15]. - The e-commerce team achieved sales of RMB 122.7 million, reaching 104.0% of the semi-annual target, with a year-on-year decline of 0.2%[26]. - The online content promotion led to a 27.7% increase in sales compared to the same period last year, significantly outpacing overall platform sales growth[26]. Product Development and Innovation - During the reporting period, the company launched a total of 25 new products, including 5 Mother's Day products and 13 summer products, enhancing its product lineup[22]. - The company identified four potential blockbuster products for online sales, with "Hair Care Comb Cui Ping" and "Lacquer Art Comb Bear" emerging as top performers by the end of June[28]. - The company is focusing on optimizing its online store's visual presentation and product materials to enhance brand consistency[29]. - The company is promoting the development of new technologies, including automated polishing and intelligent robotic production, to enhance product quality and reduce returns[64]. Employee and Community Engagement - The total compensation paid to employees was approximately RMB 51,346,000, compared to RMB 47,673,000 for the same period in 2023, reflecting an increase of about 3.8%[65]. - The company added 27 new disabled employees while retiring 12, achieving a net increase of 15 disabled employees[38]. - The company participated in exhibitions showcasing handicrafts created by disabled women, promoting social awareness and cultural exchange[35]. - A cooperation agreement was signed with the Central Academy of Fine Arts to provide professional training for over 300 disabled employees, enhancing their artistic potential[35]. Legal and Compliance - The company has initiated legal actions against 40 cases of violations, with 4 cases concluded, resulting in compensation of 79,000 yuan[38]. - The company maintained compliance with corporate governance codes and standards throughout the reporting period[76]. Future Outlook - The company plans to enhance its online member system to convert customer traffic into retained members, aiming to create a long-term brand asset[29]. - The company aims to complete a comprehensive upgrade of its overseas online platform pages by August 2024, considering local market aesthetics and consumption habits[30]. - The company plans to enhance its marketing efforts in domestic and overseas markets, focusing on brand image and optimizing core business channels[62].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 79 六 CARPENTER TAN HOLDINGS LIMITED 譚木匠控股有限公司 * （於開曼群島註冊成立之有限公司） （股份代號：837） 截至二零二四年六月三十日止六個月之 中期業績公告 | --- | --- | --- | --- | |--------------------------|---------------------------------------------------------------|--------------------------------------|-----------------------------| | | | | | | 財務摘要 | 截至六月三十日止六個月 二零二四年 （未經審核） 人民幣千元 | 二零二三年 （未經審核） 人民幣千元 | 百分比變動 增加 ╱（ 減少 ） | | 財務摘要 | | | | | 收益 | 263,0 ...

Financial Performance - The total revenue for the year ended December 31, 2023, was RMB 41,210,000, compared to RMB 35,364,000 in 2022, representing an increase of approximately 16.5%[4] - The pre-tax profit for 2023 was RMB 209,691,000, a significant increase from RMB 133,363,000 in 2022, reflecting a growth of approximately 57.1%[17] - The income tax expense for 2023 was RMB 35,917,000, compared to RMB 26,105,000 in 2022, which is an increase of around 37.3%[17] - The company reported a total comprehensive income of RMB 82,776,000 for the year, which includes a profit of RMB 79,384,000[113] - The company reported a net loss of RMB 508,000 for the year, compared to a loss of RMB 1,891,000 in the previous year, indicating an improvement in financial performance[92] Government Support - Government subsidies received amounted to RMB 2,908,000 in 2023, up from RMB 2,497,000 in 2022, indicating a growth of about 16.5%[4] - The company continues to benefit from tax incentives, with a significant portion of its income tax expenses influenced by preferential tax rates and deductions[11] Employee Costs - The total employee costs, including salaries and other benefits, rose to RMB 101,746,000 in 2023 from RMB 81,456,000 in 2022, an increase of about 24.9%[6] - The total remuneration for the highest-paid individuals in 2023 was RMB 1,974,000, a decrease of 6.9% from RMB 2,121,000 in 2022[24] Investment Properties - The net rental income from investment properties decreased to RMB (4,189,000) in 2023 from RMB (5,162,000) in 2022, indicating a decline of approximately 18.7%[6] - The fair value changes of investment properties resulted in a loss of RMB (5,550,000) in 2023, compared to a loss of RMB (2,020,000) in 2022, reflecting a worsening of approximately 174.3%[4] Shareholder Information - The proposed final dividend for 2023 is HKD 38.64 per share, equivalent to RMB 34.98, totaling RMB 87,000,000, compared to RMB 54,991,000 in 2022[29] - The company has not reflected the proposed dividend in the financial statements as it is subject to shareholder approval at the annual general meeting scheduled for May 23, 2024[29] - The company declared a dividend of RMB 27,508,000 for the current year, down from RMB 55,215,000 from the previous year[113] Assets and Liabilities - The carrying value of a property located in Jiangsu Province as of December 31, 2023, was approximately RMB 24,682,000, down from RMB 25,981,000 in 2022[38] - The carrying value of the land use rights in Chongqing as of December 31, 2023, was approximately RMB 5,578,000, down from RMB 5,739,000 in 2022[44] - The company's total liabilities as of December 31, 2023, were RMB 66,351,000, reflecting an increase from RMB 61,849,000 in the previous year[152] Store Operations - As of December 31, 2023, the company had a total of 1,170 stores, an increase of 75 stores compared to 1,095 stores as of December 31, 2022[179] - The number of new stores opened during the year reached 215, achieving 165.38% of the annual target, marking a historical high[182] - The proportion of shopping mall stores reached 66.7% in 2023, up from 62.1% in 2022[180] Product Development and Sales - The online sales team successfully launched three new products, with "萌熊" ranking first in both sales volume and revenue, while "心想事橙" and "大橘大利" ranked fifth and twelfth in sales volume, respectively[73] - Launched 45 new products during key festivals, with 12 functional products as the main type for 2023[186] - Increased sales in 2023 compared to 2022, with monthly sales growth rates fluctuating between -10% to 54.7%[190] Marketing and Customer Engagement - The group plans to enhance its membership system by providing better rewards and services to meet customer needs, utilizing various platforms for user feedback[71] - Expanded into new platforms, including Kuaishou and Jingxi, to enhance brand exposure[191] - Engaged in overseas social media content production to drive traffic to the website[198] Financial Management - The company has not utilized any derivative contracts to hedge against interest rate risks, but management will consider hedging when necessary[143] - The company’s financial risk management policies include monitoring cash flow and maintaining sufficient cash levels to mitigate liquidity risks[151] Compliance and Corporate Governance - The company has not granted any share options during the fiscal year ending December 31, 2023, in compliance with the listing rules[122] - The company is required to transfer 10% of its after-tax profits to statutory surplus reserves until the reserve balance reaches 50% of registered capital[130]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致的任何損失承擔任何責任。 | --- | --- | --- | |-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------| | | | | | | 業績摘要 | | | ‧ | 收益增加 43.6% 至約人民幣 499,688,000 元（二零二二年：人民幣 348,002,000 | 元）。 | | ‧ | 毛利增加 46.6% 至約人民幣 300,877,000 元（二零二二年：人民幣 205,248,000 | 元）。 | | ‧ | 毛利率上升 1.2 個百 ...

管理層自產品的角度考慮其業務並根據木工藝品及飾品廣泛銷售所產生的收益評估其表現。本集團逾90% 的收益、業績及資產源自木工藝品及飾品製造及銷售的單一分部，因此並無呈列分部資料。 5. 經營季節因素 未經審核中期財務報告附註 截至二零二三年六月三十日止六個月 按主要產品或服務類別劃分來自客戶合約的收益明細如下： | --- | --- | --- | |--------------------------------------------------|------------------------|--------------| | | | | | | 截至六月三十日止六個月 | | | | 二零二三年 | 二零二二年 | | | （未經審核） | （未經審核） | | | 人民幣千元 | 人民幣千元 | | 政府補貼（附註 (i) ） | 404 | 969 | | 按攤銷成本計量的金融資產利息收入－銀行利息收入 | 6,857 | 202 | | 按公平值計入當期損益的金融資產的公平值變動的收益 | 883 | 2,698 | | 中國增值稅優惠退款（附註 8(v) ） | 13,772 | 10,69 ...

在抖音渠道推廣方面，二零二三年上半年與東方甄選賬號合作，進行兩場抖 音直播宣傳，兩場直播累計曝光人數7,653.56萬，直播間觀看人數1,413.13 萬，品牌商品訪客數達到205萬人，收益金額人民幣70.5萬元，不足之處在於 直播過程中主播對於品牌文化的講述不到位未能充分達到品牌宣傳及銷售的 雙重目的。基於此，團隊利用抖音平台結合譚木匠短視頻內容輸出，以賬號 短視頻+達人創意視頻+話題推廣同步進行的方式，與直播宣傳相輔相成，沉 澱粉絲基數，增加品牌調性，擴大品牌影響力。 重視品牌的長期建設，在服務質量，內部系統優化上不斷投入資源，通過工 單系統優化現有的業務流程，提升人工智能使用效率，在提升服務質量的同 時增加店舖DSR考核權重以獲取更多的平台免費流量。 二零二三年，創意設計中心通過優化設計開發流程、強化市場調研分析，結 合產品策略系統，在產品的結構、功能上持續改進和提升，不斷創新、開發。 2） 至系列功能性新產品開發項目：新開發有柄按摩梳產品，採用曲面梳齒 排列、加粗齒頭，有效增加梳理面積，滿足不同人群對梳理舒適度的需 求。已上市新品5款。 技術研發方面，主要有以下重點項目： 3） 合木梳自動化黏拼：該項 ...

梳造东方美 ( 於開曼群島註冊成立的有限公司 ) 股份代號 : 837 3 rill P g ම | --- | --- | |-------|------------------------| | | | | 1 | 目錄 | | 2 | 公司資料 | | 4 | 財務摘要 | | 5 | 主席報告書 | | 7 | 管理層討論與分析 | | 37 | 董事及高級管理人員簡介 | | 40 | 企業管治報告 | | 52 | 董事會報告 | | 66 | 獨立核數師報告 | 譚木匠控股有限公司 2 2022年度報告 財務摘要 符合出席應屆股東週年大會及在會上投票的資格 本集團亦明白，與商業夥伴及銀行企業保持良好商業關係，是我們達成長遠目標的要素。故此，高級管理層會 在適當情況下與彼等進行良好溝通、適時交流想法及共享最新業務資料。於回顧年度內，本集團與商業夥伴或 銀行企業之間並沒有重大而明顯的糾紛。 營運風險 譚木匠控股有限公司 56 2022年度報告 譯本歷控股有限公司 2022年度假各 儲備 60 2022年度報告 於二零二二年十二月三十一日，董事及本公司行政總裁於本公司及其相聯法團（定義見證券及期貨條例 ...