Investment Rating - The investment rating for the company is not explicitly stated in the provided documents, but the overall performance suggests a positive outlook based on significant revenue and profit growth. Core Insights - The company reported a revenue of 1.766 billion yuan in 2024, representing a year-on-year increase of 29.26%, with a net profit of 106 million yuan, up 94.58% year-on-year. In Q1 2025, revenue reached 574 million yuan, a 54.16% increase, and net profit was 27 million yuan, up 113.88% year-on-year [1][2]. - The self-owned brand business showed remarkable performance, with revenue of 500 million yuan in 2024, a 90.28% increase, accounting for 28.37% of total revenue. The brand "Zhanjia" achieved a revenue of 484 million yuan, with a 90.09% increase, and significant growth in various sales channels [2][3]. - The brand management business also demonstrated strong growth, with revenue of 501 million yuan in 2024, a 212.24% increase. Notable brands like "Kangwang" and "Aiwei Nuo" saw substantial sales growth across multiple platforms [3][4]. - The overall gross margin for the company improved to 44.57% in 2024, an increase of 4.33 percentage points year-on-year, with specific margins for different business segments showing varied performance [4]. Summary by Sections Financial Performance - In 2024, the company achieved a total revenue of 1.766 billion yuan, with a net profit of 106 million yuan, and in Q1 2025, revenue was 574 million yuan with a net profit of 27 million yuan [1]. - The proposed dividend for 2024 is 0.5 yuan per share, with a total cash dividend of 79 million yuan, resulting in a dividend payout ratio of 75.09% [1]. Brand Performance - The self-owned brand "Zhanjia" launched a strategic product and achieved significant sales growth, ranking first in Tmall's new brand sales during the Double Eleven shopping festival [2]. - The brand "Feicui" also showed rapid sales growth since its launch, ranking highly on various e-commerce platforms [2]. Business Segments - The brand management segment reported a revenue increase of 212.24% in 2024, with notable contributions from brands like "Kangwang" and "Aiwei Nuo" [3]. - Strategic partnerships with international brands were established to enhance the company's presence in the health and personal care sectors [4].

Core Insights - The company, Ruoyuchen, reported significant revenue and profit growth for 2024 and Q1 2025, with 2024 revenue reaching 1.766 billion yuan, a 29.26% increase year-on-year, and net profit of 106 million yuan, up 94.58% [2] - In Q1 2025, the company achieved revenue of 574 million yuan, a 54.16% increase, and net profit of 27.42 million yuan, a 113.88% increase [2] Revenue Breakdown - The brand management business generated 501 million yuan in revenue for 2024, a remarkable 212.24% increase, accounting for 28.38% of total revenue [2] - The proprietary brand business also showed strong performance with 500 million yuan in revenue, a 90.28% increase, making up 28.37% of total revenue [2] - The agency operation business reported revenue of 764 million yuan, with a significant increase in operating cash flow to 334 million yuan, up 463.55% [2] Strategic Developments - The proprietary brand "Zhanjia" has been a key driver of growth, achieving a doubling of sales since its launch, with over 150% year-on-year growth in Q1 2025 [2][3] - The company has expanded its brand management partnerships, signing strategic agreements with international brands such as Amorepacific's "Meishanxuan" and DHC, enhancing its presence in the health and personal care sectors [3] - The agency operation business has seen significant improvements, with nearly 50 agency stores experiencing notable sales growth during the Double Eleven shopping festival, and several stores achieving double-digit increases in average transaction value [3] Future Outlook - For 2025, the company plans to continue building a multi-brand matrix focusing on personal care, household cleaning, and health sectors, positioning proprietary brands as a core competitive advantage [3] - The company aims to deepen its ecosystem across the supply chain and enhance vertical integration capabilities, while also developing standardized capabilities from demand insight to user conversion [3]

4月24日晚间，若羽臣（003010）公布了2024年财报以及2025年一季报。2024年，公司实现营收17.66亿 元，同比增长29.26%，归母净利润1.06亿元，同比增长94.58%，扣非净利润为1.06亿元，同比增长 97.46%，经营活动产生的现金流量净额3.34亿元，同比增长463.55%。 2025年第一季度，若羽臣保持高增长势头，实现营业收入5.74亿元，同比增长54.16%；归母净利润为 2742.2万元，同比增长113.88%。 2024年，若羽臣品牌管理业务实现营业收入5.01亿元，同比增长212.24%，占公司整体营收的28.38%。 财报显示，若羽臣通过参与合作品牌的全链路业务流程，赋能品牌生意增长。以拜耳康王为例，公司在 品牌定位、产品设计、市场营销及全渠道销售等多个关键环节中发挥了重要作用。康王全网销售同比增 长283%。此外，艾惟诺在2024年于天猫、抖音等渠道持续放量。天猫旗舰店全年GMV同比增长超 31%，抖音旗舰店GMV同比增长超75%。 财报还显示，2024年进博会期间，公司与爱茉莉太平洋集团旗下魅尚萱品牌签订战略合作协议，并与 DHC蝶翠诗、HerbsofGold和丽 ...

Core Viewpoint - The company Ruyuchen announced its 2024 annual distribution plan, proposing a 10-for-4 stock split and a cash dividend of 5 yuan (including tax), with a total cash distribution amounting to 79.32 million yuan, representing 75.09% of its net profit, resulting in a dividend yield of 2.92% based on the average trading price for the year [2][3]. Company Distribution History - The company has implemented its distribution plan five times since its listing, with the latest plan being a 10-for-4 stock split and a cash dividend of 5 yuan, totaling 79.32 million yuan and a dividend yield of 2.92% [2][3]. - Previous distribution plans include: - 2023: 10-for-4 stock split and a cash dividend of 3 yuan, totaling 34 million yuan, with a yield of 1.40% - 2022: 10-for-2.5 stock split and a cash dividend of 2.5 yuan, totaling 30 million yuan, with a yield of 1.39% - 2021: 10-for-2 stock split and a cash dividend of 2 yuan, totaling 24 million yuan, with a yield of 0.72% - 2020: 10-for-0.8 stock split and a cash dividend of 0.8 yuan, totaling 10 million yuan, with a yield of 0.18% [3]. Financial Performance - For the 2024 fiscal year, the company reported a revenue of 1.766 billion yuan, reflecting a year-on-year growth of 29.26% - The net profit reached 106 million yuan, marking a significant increase of 94.58% - Basic earnings per share were reported at 0.65 yuan, with a weighted average return on equity of 9.62% [3]. Market Activity - The stock experienced a net inflow of 25.86 million yuan from major funds on the day of the announcement, with a total net inflow of 23.31 million yuan over the past five days [4]. - In the broader context of the retail industry, 45 companies have announced their 2024 distribution plans, with China Duty Free Group leading with a cash distribution of 2.172 billion yuan [4].

Financial Performance - The company reported a basic earnings per share of 0.6500 yuan for 2024, a 96.97% increase compared to 0.3300 yuan in 2023 [1] - The total revenue for 2024 was 17.66 billion yuan, reflecting a 29.28% increase from 13.66 billion yuan in 2023 [1] - The net profit for 2024 reached 1.06 billion yuan, up 96.3% from 0.54 billion yuan in 2023 [1] - The return on equity (ROE) improved to 9.62% in 2024, a significant increase of 92.02% from 5.01% in 2023 [1] - The net asset per share decreased by 24.97% to 6.73 yuan in 2024 from 8.97 yuan in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 58.01 million shares, accounting for 47.98% of the circulating shares, with an increase of 6.2039 million shares compared to the previous period [1] - Notable shareholders include Langzi Co., Ltd. holding 1,637.03 million shares (13.54%), and Tianjin Yayi Biotechnology holding 1,344.00 million shares (11.11%) [2] - New entrants among the top shareholders include Xingquan Commercial Model Mixed Fund A with 500.74 million shares (4.14%) and Xingquan New Vision Fund with 259.78 million shares (2.15%) [2] Dividend Distribution - The company announced a dividend distribution plan of 10 shares for every 4 shares held, along with a cash dividend of 5 yuan (including tax) [4]

证券代码：003010 证券简称：若羽臣 公告编号：2025-037 广州若羽臣科技股份有限公司 关于 2025 年度公司董事、监事、高级管理人员 薪酬方案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 广州若羽臣科技股份有限公司（以下简称"公司"）于2025年4月23日召开 第四届董事会第七次会议，审议了《关于2025年度公司董事、高级管理人员薪酬 方案的议案》。同日，公司召开第四届监事会第四次会议，审议了《关于2025年 度公司监事薪酬方案的议案》。上述议案尚需提交公司股东大会审议，现将相关 情况公告如下： 为进一步完善公司激励约束机制，有效调动公司董事、监事、高级管理人员 的工作积极性，提高公司经营管理水平，确保公司战略目标的实现，经公司薪酬 与考核委员会提议，同时结合公司经营规模等实际情况并参照行业、地区薪酬水 平，公司制定了《2025年度公司董事、监事及高级管理人员薪酬方案》。 一、适用范围 在公司领取薪酬的董事（含独立董事）、监事及高级管理人员。 二、薪酬期间 2025年1月1日至2025年12月31日。 三、薪酬标准 1、公司董事（含独立 ...

广州若羽臣科技股份有限公司 2024 年度监事会工作报告 2024 年度，广州若羽臣科技股份有限公司（以下简称"公司"）监事会全体 成员根据《公司法》、《证券法》及《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等法律法规的要求，结合公司实际情况，遵循 《公司章程》、《监事会议事规则》等相关制度，本着恪尽职守、勤勉尽责的工 作态度，依法独立行使职权，全力保障股东权益、公司利益和员工的合法权益不 受侵犯。监事会对公司经营决策程序、依法运作情况、财务状况以及内部管理等 方面进行了核查，并对公司董事和高级管理人员的日常履职情况进行了有效监督。 现将 2024 年度监事会工作报告汇报如下： 一、监事会会议召开情况 2024 年，公司共召开了 7 次监事会。公司监事会严格遵守《公司法》《公司 章程》《监事会议事规则》中的有关规定，对公司的相关事项做出了决策，会议 的召开程序规范，具体情况如下： | 序号 | 会议召开 日期 | 会议名称 | 审议事项 | | --- | --- | --- | --- | | 1 | 2024 年 2 月 5 日 | 第三届监事会 第二十次会议 | 1.《关于公 ...

2024 年度非经营性资金占用及其他关联资金往来情况汇总表 | | 若羽臣日本株式会社 | 子公司 | 应收账款 | | 389.33 | | | 389.33 | 销售货物或提供 | 经营性往来 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | | 服务 | | | | MOA'S ARK GROUP LIMITED | 子公司 | 应收账款 | | 0.000004 | | | 0.000004 | 销售货物或提供 | 经营性往来 | | | | | | | | | | | 服务 | | | | 广州拓时信息科技有限公司 | 子公司 | 应收账款 | 5.27 | 13.36 | | 0.60 | 18.03 | 销售货物或提供 服务 | 经营性往来 | | 其他关联方及其附属 | 杭州猎梦程式品牌管理有限公司 | 联营企业 | 应收账款 | 18.70 | 30.99 | | 44.92 | 4.77 | 销售货物或提供 服务 | 经营性往来 | | | 杭州猎梦程式品牌管理有限 ...

为健全和完善广州若羽臣科技股份有限公司（以下简称"公司"和"若羽臣"） 科学、持续、稳定的分红决策和监督机制，积极回报投资者，引导投资者树立长 期投资和理性投资的理念，公司董事会根据《公司法》、《证券法》、《上市公 司监管指引第 3 号——上市公司现金分红》及《广州若羽臣科技股份有限公司章 程》的规定，结合公司未来三年经营计划和资金需求，公司董事会特制订《未来 三年（2025-2027 年）股东回报规划》，具体内容如下： 一、制定股东回报规划考虑的因素 公司着眼于公司的长期可持续发展，在综合分析企业经营发展实际情况、股 东要求和意愿、社会资金成本、外部融资环境等因素的基础上，充分考虑公司目 前及未来盈利规模、现金流量状况、发展所处阶段、项目投资资金需求、银行信 贷及债权融资环境等情况，建立对投资者持续、稳定、科学的回报规划机制，保 持利润分配政策的连续性和稳定性。 二、股东回报规划的制定原则 公司股东回报规划将在符合国家相关法律法规及《公司章程》的前提下，重 视对投资者合理投资回报并兼顾公司当年的实际经营情况和可持续发展。公司股 东回报规划应充分考虑和听取股东（特别是中小投资者）的意见。公司利润分配 应重视对 ...

广州若羽臣科技股份有限公司 2024 年度董事会工作报告 2024 年，广州若羽臣科技股份有限公司（以下简称"公司"）董事会依照 《中华人民共和国公司法》《中华人民共和国证券法》《深圳证券交易所股票上 市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范 运作》等法律法规、规范性文件及《广州若羽臣科技股份有限公司章程》等公司 相关制度的规定，本着恪尽职守、勤勉尽责的工作态度，依法独立行使职权，全 力保障股东权益、公司利益和员工的合法权益不受侵犯。切实履行股东大会赋予 的董事会职责，严格执行股东大会各项决议，勤勉尽责地开展各项工作，积极推 进董事会各项决议的实施，不断规范公司法人治理结构，确保董事会科学决策和 规范运作。现将 2024 年度董事会工作报告汇报如下： 一、公司总体经营情况 2024 年，公司持续聚焦品牌管理、自有品牌以及代运营业务，通过全链路、 全渠道的数字化能力赋能品牌生意健康增长，业绩增势显著。 2024 年，公司实现营业收入 17.66 亿元，同比增长 29.26%，其中归属于上 市公司股东的净利润为 1.06 亿元，同比增长 94.58%，归属于上市公司股东的扣 非净 ...