We recognize revenue upon sales to end-consumers are made through consignment sales partners.
Business · 第 211 页
The return of unsold goods from our consignment sales partners does not have any financial impact on us, particularly on our revenue and inventory, because the title of the goods does not leave us until they are sold to end-customers.
Business · 第 211 页
Upon request from the consignment sales partners, we are responsible for collecting unsold relevant products within a period specified in the agreement.
草姬集团控股有限公司Herbs Generation Group Holdings Limited02593.HK
通过寄售安排销售自有品牌产品
For FY2021, FY2022, FY2023 and 6M2024, our revenue generated from consignment arrangements amounted to approximately HK$10.7 million, HK$8.7 million, HK$8.0 million and HK$3.2 million and accounted for approximately 5.6%, 4.2%, 3.1% and 2.7% of our total revenue for each of the corresponding years/period, respectively.
Business · 第 130 页
We do not enter into any long-term agreement as regard to minimum purchases with our consignees, who usually place replenishment notes with our Group from time to time.
Business · 第 130 页
We first commenced our business relationship with Consignee A in 2017 and have established a stable and sound business relationship.
Revenue generated from lithium carbonate processing for this company amounted to approximately RMB42.7 million in the first half of 2024 while we recorded negative gross margin for this transaction primarily due to lack of economies of scale at the early production phase of the facility for the relevant batches.
Summary · 第 10 页
Under the relevant agreement, we have committed the production capacity of the Yichun facility to CATL.
Summary · 第 10 页
The pricing structure for our lithium carbonate processing service under this agreement generally accounts for our costs and operational expenses and an agreed-upon profit component.
华润饮料(控股)有限公司China Resources Beverage (Holdings) Company Limited02460.HK
与两家直销客户存在寄售安排
Under consignment arrangements, we recognize revenue when end-consumers complete purchasing products from the direct sales customers.
Business · 第 195 页
During the Track Record Period, we had consignment arrangements with two direct sales customers.
Business · 第 196 页
In 2021, 2022 and 2023 and the four months ended April 30, 2023 and 2024, the revenue generated from the direct sales customers under consignment arrangements accounted for 0.0%, 0.5%, 0.6%, 0.4% and 0.3% of our total revenue.
Pursuant to the PACE Agreements, we, as consignor are required to deliver items specified in the Global Supply Agreements (the ‘‘Consignment Items’’) to Customer A when the stock level of such items in Customer A’s inventories drops below a minimum level.
Business · 第 198 页
Under the consignment arrangement, we recognise revenue when Customer A accepts and releases the Consignment Items from its manufacturing sites. As at 31 December 2022 and 2023, the amount of Consignment Items maintained at Customer A’s manufacturing sites amounted to approximately S$0.3 million and S$0.3 million, respectively.
Business · 第 200 页
The Directors are of the view that there is no channel stuffing issue of the Consignment Items during the Track Record Period and up to the Latest Practicable Date.
Our revenue is calculated as a percentage of the total top-up face value and recognized on a net basis under IFRS 15.
Business · 第 192 页
Since the Group acts as a facilitator in these transactions, we recognize revenue from this top-up service on a net basis on our consolidated statements of profit or loss.
We do not take the entrusted used vehicle into inventory, and record such payment as advances to used vehicle suppliers.
Business · 第 242 页
We will set up a reserve price (the lowest price the used vehicle can be sold) for the used vehicle that is greater than the proposed transaction price.
Business · 第 243 页
As such, we are generally able to avoid loss-making transactions as illustrated above, and only incurred losses (i.e. when the final transaction price at which the used vehicle is sold is lower than the proposed transaction price we paid) under very limited circumstances.