Home » News|Shanghai Jahwa: Income from skin care products increased by 22.22% to 2.697 billion yuan last year_CAIJING.COM.CN

News|Shanghai Jahwa: Income from skin care products increased by 22.22% to 2.697 billion yuan last year_CAIJING.COM.CN

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News|Shanghai Jahwa: Income from skin care products increased by 22.22% to 2.697 billion yuan last year_CAIJING.COM.CN

On the afternoon of March 16, Shanghai Jahwa released its 2021 annual report. Among them, it was disclosed that the company achieved operating income of 7.65 billion yuan last year, a year-on-year increase of 8.73%; net profit was 649 million yuan, a year-on-year increase of 50.92%.

By category, skin care products revenue increased by 22.22% to 2.697 billion yuan. Personal care home clearing revenue increased by 0.42% to 2.41 billion yuan. Income from the maternal and infant category increased by 4.18% to RMB 2.158 billion. The revenue of cooperative brands increased by 6.48% to 373 million yuan.

According to the channel, the domestic online e-commerce revenue was 1.936 billion yuan, accounting for 33.12% of the domestic revenue. The income of commercial supermarkets was 2.541 billion yuan, accounting for 43.47% of domestic income. The revenue of department stores was 473 million yuan, accounting for about 8.09%. The revenue of cosmetics franchise stores was 330 million yuan, accounting for 5.65%.

The announcement also mentioned that during the reporting period, the company overcame the impact of short-term unfavorable factors in the special channel business and overseas business, and took the e-commerce business as a guide to promote the multi-platform layout of e-commerce and gradually reduce the dependence on a single platform, strengthen self-development. Broadcasting business to improve operational capabilities, achieve rapid year-on-year growth and increase in proportion.

In 2021, the company’s ending inventory was 872 million yuan, and the inventory turnover days decreased by 11 days year-on-year; the ending accounts receivable was 1.109 billion yuan, and the accounts receivable turnover days decreased by 3 days year-on-year. During the reporting period, the company realized operating cash flow of 993 million yuan, a year-on-year increase of 54.34%.

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Image source: Announcement screenshot

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