On April 12, 2022, Goldenhome Living Co.Ltd(603180) (hereinafter referred to as ” Goldenhome Living Co.Ltd(603180) “) released the annual report for 2021, which showed that the operating revenue was about 3.448 billion yuan, a year-on-year increase of 30.61%; The net profit attributable to the shareholders of the listed company was about 338 million yuan, a year-on-year increase of 15.49%; The net cash flow from operating activities was about 403 million yuan, a year-on-year decrease of 40.07%.
Goldenhome Living Co.Ltd(603180) said that the growth of operating revenue was mainly due to the continuous growth of sales of kitchen cabinets and wardrobe categories; The decrease in net cash flow from operating activities was mainly due to the increase in the variety of raw materials purchased due to the development of multiple categories, and the company appropriately increased the inventory reserve of raw materials in response to the epidemic and the rise of raw materials, resulting in a large increase in the purchase amount in the current period compared with the same period.
Goldenhome Living Co.Ltd(603180) also said that it will further expand its competitiveness in the field of specialization, deeply cultivate the Chinese and international markets, start with the big home strategy, expand from kitchen cabinet to wardrobe, wooden door, then to smart home and decoration, and create a future home ecosystem. In 2022, the company will continue to promote digital transformation and upgrading, continue to deepen the reform of channel organization, promote the layout of channels in blank markets and sink into business districts and communities in mature markets.
