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Yiyi Co., Ltd. (001206.SZ): The reasonable gross margin range for pet pad products is between 17% and 23%.
On December 9, Glonghui reported that YiYi Co., Ltd. (001206.SZ) recently stated in an investor relations activity that the procurement prices of raw materials have been relatively stable. The reasonable gross margin range for pet pad products is between 17% and 23%. Currently, the company's gross margin for the first three quarters of 2024 is 19.57%, an increase of 3.13 percentage points year-on-year. This is mainly due to increased orders leading to higher capacity utilization, lower procurement prices of raw materials, and the company's strengthened cost control achieving cost reduction and efficiency improvement.
Yiyi Co., Ltd. (001206.SZ): The capacity utilization rate of the main product, pet pads, is over 90%, and the equipment operation rate has reached 100%.
On December 9, Gelonghui reported that Yiyi Co., Ltd. (001206.SZ) stated in a recent investor relations activity that the company currently has sufficient orders. The production capacity utilization rate of the main product, pet pads, is over 90%, and the equipment operating rate has reached 100%. Some overseas customers, after going through inventory destocking in 2023, have now seen their overall purchasing orders return to a steady growth pace, and there has not been a situation where customers are significantly replenishing inventory recently.
Tianjin Yiyi Hygiene Products Co.,Ltd's (SZSE:001206): Top Key Executive Fuzhong Gao Is the Most Bullish Insider, and Their Stock Value Gained 19% Last Week
Yiyi Co., Ltd. (001206.SZ) profit distribution plan for the first three quarters of 2024: proposed to distribute a dividend of 2.3 yuan per share.
On November 15, 2023, Gelonghui reported that Yiyi Co., Ltd. (001206.SZ) announced that the board of directors has proposed a profit distribution plan for the first three quarters of 2024: it is proposed to use the number of shares after deducting 364,287 shares held in the company's repurchase special account from the total share capital of 184,893,808 shares as of September 30, 2024, which is 184,529,521 shares as the base, to distribute a cash dividend of 2.30 yuan (including tax) for every 10 shares to all shareholders, no bonus shares will be issued, and there will be no transfer of surplus reserve to increase the share capital.
Yiyi Co., Ltd. (001206.SZ): The proportion of revenue from exports to the USA is over 50%.
Gelonghui, November 8th | Yiyi shares (001206.SZ) stated on the investor interaction platform that the proportion of the company's revenue from exports to usa is over 50%. Currently, pet hygiene and care products in the usa are essential for pet raising, and there are few global large-scale producers in this category. In addition, in the usa and other regions, the retail model is mainly dominated by large channel distributors, who have high standards for suppliers' production scale, supply capacity, research and development capabilities. Since the production capacity of this product is mainly concentrated domestically, many overseas large customers choose domestic ODM/OEM suppliers with good supply capabilities, resulting in relatively stable cooperative relationships. The company
Huaxi Securities Light Industry Export Data Monthly Report: Export growth rate in September slowed down, with impressive performance in mattresses and artificial turf.
According to the statistics of the General Administration of Customs, China's export amount in September 2024 was $303.712 billion, up 2.40% year-on-year from last year, and the export scale continues to expand.
