Financials
Quarterly Report For The Financial Period Ended 31 March 2026
Financials Archive
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Condensed Consolidated Statement Of Comprehensive Income (Unaudited)
Condensed Consolidated Statement Of Financial Position (Unaudited)
Analysis of Performance
Our Group's total revenue stood at RMB74.0 million and RMB407.5 million for the current quarter and financial period under review respectively, derived from sales of footwear in relation to the ODM business segment.
Our Group's gross profit stood at RMB8.8 million and RMB44.9 million for the current quarter and financial period under review respectively, derived from sales of footwear in relation to the ODM business segment.
Our Group recorded a loss before tax of RMB8.5 million and RMB97.2 million for the current quarter and financial period under review respectively, mainly due to administrative and other expenses incurred, primarily for payroll and staff-related costs as well as research and development expenses.
Outlook and Prospects
In light of the intensifying competition in the global markets and mounting external uncertainties, our Group is committed to strengthening our internal management and implementing forward-looking strategic initiatives to preserve our market competitiveness and the long-term sustainability of our business operations. We will expand our efforts on and investment in product research and development, to enhance our design and production capabilities and efficiency. We will also increase our efforts on expanding our market and customer reach, with a particular focus on increasing order volumes from international second and third-tier brands.
In parallel, our Group will conduct market feasibility studies to identify opportunities for the development of our domestic proprietary brand and carry out research on potential acquisitions of international brands, set clear development targets and explore strategic acquisitions of other brands to strengthen our competitive positioning and market footprint. To support these initiatives and ensure production stability, our Group will upgrade and enhance our intelligent manufacturing systems, incorporating advanced automation equipment and digital technologies. In addition, enhancing the skills and retention of our production personnel remains our Group's priority, ensuring we maintain a reliable workforce capable of meeting changing customers' demands and production requirements.
In additions, we are currently evaluating potential investment opportunities in overseas markets, including Indonesia. Preliminary assessments and discussions have commenced, and the Company had previously made an announcement on this initiative. Engagement with prospective partners is ongoing, with key terms and implementation plans still under review. The Company will provide further updates once there is material progress to report.
Based on the above development plans, the Group will formulate and implement a three-year development strategy covering 2026-2028 at an appropriate time.