Financial Performance - In 2024, the company achieved a revenue of CNY 1.798 billion, a year-on-year increase of 34.41% [1] - Overseas revenue reached CNY 1.682 billion, growing by 35.44%, while domestic revenue was CNY 116 million, up by 21.06% [2] - The net profit attributable to shareholders was CNY 215 million, a significant increase of 108.34% compared to the previous year [2] - In Q1 2025, the company reported a revenue of CNY 485 million, a year-on-year growth of 26.56% [3] - The net profit for Q1 2025 was CNY 54.09 million, reflecting a 27.96% increase [3] Product Performance - Core products showed strong growth: pet pads increased by 35.72%, pet diapers by 26.16%, and non-woven fabric products by 33.94% in 2024 [2] - New customer contributions in 2024 amounted to CNY 190 million, representing 10.55% of total sales [7] Market and Strategic Response - The company is facing uncertainties due to tariffs, particularly affecting over 50% of its exports to the U.S. [4] - To mitigate tariff impacts, the company is expanding its market presence in non-U.S. regions and enhancing domestic market strategies [5] - The company’s overseas production capacity in Cambodia is set to produce nearly 300 million units annually, starting in May 2025 [5] Cost Management and Profitability - The company has implemented effective cost control measures, including optimizing raw material procurement and energy management [10] - There is potential for margin improvement through market expansion, cost control, and product innovation [11] Dividend Policy - In 2024, the company maintained a dividend payout ratio of 74.44%, with plans to increase the frequency of dividends to three times a year [12]
依依股份(001206) - 001206依依股份投资者关系管理信息20250423