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恒林椅业拟A股上市:毛利率偏低 王江林持股比例超九成

2017-09-20 13:02:02   中国经济网

中国网财经9月20日讯 浙江恒林椅业股份有限公司(以下简称“恒林椅业”)18日在证监会网站披露招股书,公司拟于上交所公开发行不超过2500万股,计划募集资金14.23亿元,拟投资于年产300万套健康坐具生产线项目、年产11000立方米办公椅板、33万套休闲椅板、18000立方米沙发多层板项目、研发中心建设、年产25万套功能沙发生产线项目以及补充流动资金。据了解,恒林椅业此次IPO的保荐机构为兴业证券。

公开资料显示,恒林椅业一家集办公椅、沙发、按摩椅及配件的研发、生产与销售为一体的企业。2014年至2017年1-6月,恒林股份分别实现营业收入13.98亿元、15.30亿元、17.23亿元、9.15亿元,同期净利润分别为1.24亿元、1.94亿元、2.69亿元和1.05亿元。

招股书显示,恒林椅业的办公椅、沙发和按摩椅主要销售到北美、欧洲、日韩等市场,主要客户为各市场知名的办公家具零售商、进口商或制造商如 IKEA(宜家)、Staples(史泰博)等。2014年至2017年1-6月,恒林椅业外销收入分别为123389.00万元、130343.07万元、155466.15万元和82797.76万元,分别占各期主营业务收入的88.45%、85.39%、90.44%和 90.76%。

对此,恒林椅业提示了公司存在美元兑人民币汇率波动风险。报告期内,恒林椅业由于汇率变化形成的汇兑损益分别为14.61万元、-1,520.57万元、-1,423.16万元和989.62万元。恒林椅业表示,若未来美元兑人民币汇率出现大幅度波动,将会给公司经营业绩带来一定的影响。

中国网财经记者注意到,恒林椅业综合毛利率低于同行业平均水平。据了解,报告期内,恒林股份毛利率分别为24.27%、28.62%、31.16%、27.45%,同行平均值分别30.52%、32.96%、34.47%、29.46%。

股权结构方面,恒林椅业的控股股东及实际控制人是王江林,截至招股书签署之日,王江林直接和间接合计控制7029.13万股,占发行前总股本的比例为93.72%。

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