Hong Kong IPO disclosure precedents · 331 companies, 331 items
seasonal or cyclical fluctuation in sales, production or cash flow that the document discusses
Many of the mining sites where our solutions are deployed are located in remote regions, often at high latitudes, where harsh winter conditions can limit site access and slow mining activities.
Business · p. 179
The company's explanation, the adviser's view and the page in the filing: see MattersAs a result, we typically see a slowdown in solution deployment and revenue recognition during the first quarter.
Business · p. 179
We typically record higher revenue in the second half of the year attributable to the promotional campaigns we held, such as the year-end grand promotion in December, which capitalizes on buyers’ year-end shopping demands.
Business · p. 163
We generally experience less user traffic and purchase orders during the Chinese New Year holiday season in the first quarter of each year, when lower-tier market experiences widespread closures as manufacturers halt production and offline retail stores cease operations.
Business · p. 163
The company's explanation, the adviser's view and the page in the filing: see MattersThe degree of seasonality may vary from year to year due to conditions in the industry and other factors, which makes it difficult for us to predict the level of demand with precision.
Financial Information · p. 218
In general, our revenue in the second half of the year is typically higher than that in the first half.
Business · p. 157
This seasonality is typically more evident in printing equipment, and is primarily related to the business arrangements, product launch schedules, and procurement and capacity planning cycles of our downstream customers.
Business · p. 157
The company's explanation, the adviser's view and the page in the filing: see MattersNotwithstanding the above seasonal and market-cycle factors, our overall operating performance did not exhibit material abnormal fluctuations during the Track Record Period.
Business · p. 158
Certain of our product categories can be affected by weather due to the nature of our products, such as air conditioner components.
Business · p. 166
The company's explanation, the adviser's view and the page in the filing: see MattersWe expect the impact of seasonality on our business to remain in the future, although by leveraging our diverse product portfolio, we generally do not experience material seasonal fluctuations with respect to our results of operations and financial conditions for our Group as a whole.
Business · p. 166
Our business is subject to seasonal fluctuations, primarily driven by sales of our influenza vaccines.
Business · p. 173
The company's explanation, the adviser's view and the page in the filing: see MattersAdditionally, the effectiveness of our manufacturing plan, which takes months from execution commencement to completion, is impacted by the seasonality of certain products.
Financial Information · p. 179
The company's explanation, the adviser's view and the page in the filing: see MattersThe results of operations of our GNSS-related solutions business historically have been seasonal primarily because we typically provide GNSS-related solutions on a project-by-project basis, with delivery and acceptance of these projects typically occurring in the third and fourth quarters during the year.
Business · p. 193
ESS sales in our key markets are subject to seasonality due to a variety of factors, including seasonal demand fluctuations, policy influences, holidays and climate conditions.
Business · p. 156
In Europe, for example, customers generally prefer to install ESS products from spring to early fall due to more favorable weather conditions.
Business · p. 156
The company's explanation, the adviser's view and the page in the filing: see MattersIn South Africa, for example, demand for ESS products is elevated during the delivery window before the winter season.
Business · p. 156
In line with the industry norms, our in-network medical institutions typically witness fewer customer visits in the first quarter of a calendar year, mainly due to postponed healthcare demands in TCM healthcare services before and during the Chinese New Year holiday.
Financial Information · p. 248
The company's explanation, the adviser's view and the page in the filing: see MattersOur financial performance for any period of less than a year may not reflect our annual financial results.
Financial Information · p. 248
The seasonality of the operations is primarily driven by the influenza season, during which demand for the anti-influenza product Tamiflu® tends to increase, typically peaking between November and March, while other products generally do not exhibit significant seasonal fluctuations.
Business · p. 194
The company's explanation, the adviser's view and the page in the filing: see MattersFor Tamiflu®, we employ a data-driven demand forecasting and inventory management system, including real-time influenza surveillance monitoring and predictive modeling updated weekly.
Business · p. 194
Our business exhibits a clear seasonal pattern, with the peak sales period occurring from October to April each year.
Business · p. 153
As a result, our revenue and profitability have generally been stronger in the second half of the financial year, and such fluctuations may also affect our sales volumes and the utilization rates of our manufacturing facilities.
Financial Information · p. 207
The company's explanation, the adviser's view and the page in the filing: see MattersAs this fluctuation reflects normal industry trends, we currently do not see the need to implement additional operational efficiency measures to address the off-season.
Business · p. 153
Although our music catalogue operation is generally not subject to seasonal fluctuations, the performance of our artist management and live entertainment business will be negatively affected by cold weather and the disruptive effect of long holidays, particularly the Chinese New Year.
Financial Information · p. 195
The company's explanation, the adviser's view and the page in the filing: see MattersTherefore, the revenue from this business segment may be relatively lower in the first quarter.
Financial Information · p. 195
For example, we generally experience higher sales revenue from our harvesting machines two months before the harvesting season, typically in the second and third quarters of the year, with the minimum sales revenue experienced in the fourth quarter of each year.
Business · p. 145
The company's explanation, the adviser's view and the page in the filing: see MattersTherefore, we generally have relatively high volume of inventories, especially finished goods by the beginning and end of year. Accordingly, our results of operations fluctuate over the year, and our interim results may not be indicative of our annual results.
Financial Information · p. 214
Our financial condition and results of operations are subject to seasonal fluctuations.
Business · p. 165
The company's explanation, the adviser's view and the page in the filing: see MattersAs a result, we generally record higher revenue in the fourth quarter of the year.
Business · p. 165
During the Track Record Period, our revenues generally peaked in the second and fourth quarters, while the first quarter was relatively subdued.
Business · p. 166
The company's explanation, the adviser's view and the page in the filing: see MattersTo reduce our exposure to seasonality, we have continued to diversify our customer base across multiple industry verticals and customer categories.
Business · p. 166
Our business operations are subject to seasonality.
Business · p. 180
Our sales performance tends to be stronger in the fourth quarter of each year, primarily because our customers typically conduct equipment and process testing during the second quarter and complete the majority of their annual capital expenditure in the third and fourth quarters, leading to our stronger sales in the second half of the year, especially the fourth quarter.
Business · p. 180
The company's explanation, the adviser's view and the page in the filing: see MattersOur sales performance and production activities tend to be relatively weak in the first quarter of each year, primarily due to the Chinese New Year holidays, while gradually recover during the second quarter.
Business · p. 180
Historically, we typically experience higher sales in the first and fourth quarters of each year.
Financial Information · p. 209
Accordingly, we commence raw material procurement at the beginning of each year and place orders with contractual manufacturers starting from the first quarter, and build up inventory in preparation for the peak sales season.
Financial Information · p. 209
The company's explanation, the adviser's view and the page in the filing: see MattersThese stores typically operate for three to five months, during the peak season from September to March of the following year, and strategically capitalize on the heightened consumer demand for our professional outdoor apparel throughout the winter months.
Business · p. 127
During the Track Record Period, we generally recorded higher revenue in the second half of each year.
Business · p. 160
According to CIC, such seasonality driven by business cycles is common within the enterprise large model-driven business growth industry.
Business · p. 160
The company's explanation, the adviser's view and the page in the filing: see MattersWe therefore typically record lower revenue in the first quarter of each year, and revenue recognized in any single quarter may not be indicative of results for the full year.
Business · p. 160
Our business is subject to certain seasonality, primarily reflecting consumption patterns in the catering industry. Demand is generally higher prior to the Chinese New Year and National Day holidays, with relatively lower demand in traditional off-peak periods.
Business · p. 129
As a result, our diversified customer base and comprehensive product offering have enabled us to generate relatively stable revenue throughout the year, and seasonality has not had a material adverse effect on our overall operations during the Track Record Period.
Financial Information · p. 167
The company's explanation, the adviser's view and the page in the filing: see MattersThis decrease was primarily attributable to (i) a decrease in raw materials due to continued consumption of strategic stock-up conducted in 2024, and (ii) a decrease in finished goods as we stocked up at the end of 2024 in preparation for the Chinese New Year peak season in January 2025, but the stock-up for the Chinese New Year peak season did not occur until January 2026.
Financial Information · p. 185
During the Track Record Period, we typically experienced stronger revenue during holiday seasons, such as the Chinese New Year, summer break, National Day holiday, and year-end periods, primarily driven by increased customer traffic and dining activities during these times.
Business · p. 145
The company's explanation, the adviser's view and the page in the filing: see MattersRevenue generated in each season of a year can also fluctuate for other reasons, including the timing of new product launches, and the timing of advertising and promotional activities.
Financial Information · p. 207
Our business is subject to seasonal fluctuations, which are relatively pronounced in our smart parking systems business.
Financial Information · p. 222
Customers in our industry typically tend to formulate their annual budget and procurement plans in the first half of each year, while project contracting and execution are typically performed and completed in the second half, leading to higher revenue generated during such period.
Financial Information · p. 222
The company's explanation, the adviser's view and the page in the filing: see MattersAs of April 30, 2026, RMB87.4 million, or 35.1% of the current portion of our gross trade receivables as of December 31, 2025 had been settled.
Financial Information · p. 245