港股IPO招股书披露先例 · 40 家公司，40 项
气候或疫病季节性指业务需求随自然季节波动的情形，如流感季节带动药品销售、冬季气候影响采矿或施工运营、节令与气温左右消费需求。申请人一般于风险因素、业务、概要及财务资料等章节披露季节性成因、旺淡季分布及其对业绩的影响，并说明以多元化产品组合、需求预测与库存管理、提前锁定采购价格等方式应对，部分亦提醒期内业绩未必能代表全年表现。
公司的解释、律师意见及原文页码定位：在 Matters 中查看Our Directors are of the view that, and as confirmed by F&S, our mining operations are generally subject to seasonal fluctuations, where our mining operations may be affected during the winter months, resulting in periodic shut downs, primarily disrupting transportation systems due to snowfall and freezing conditions.
Business · 第 152 页
Demand for e-bikes is generally stronger during the spring and summer months and weaker during the winter months due to reduced cycling activity in colder weather.
Business · 第 126 页
Given the lead time involved in sourcing components and manufacturing, as well as the limited flexibility to adjust production capacity in the short term, we typically prepare raw materials and production inventory approximately six months in advance of expected sales periods.
Business · 第 126 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看As a result, inventory levels are generally higher in the fourth and first quarters compared to other periods.
Business · 第 126 页
Our business exhibits clear seasonality due to the inherent characteristics of PS building construction, which is influenced by the environmental and social conditions of project locations.
Financial Information · 第 361 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Similarly, the rainy season in Southeast Asia, such as Thailand, slows construction progress due to safety and quality concerns.
Financial Information · 第 361 页
Our business is subject to seasonality. We experience seasonal fluctuations in our revenue and profitability.
Business · 第 229 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Our hospitals generally experience more patient visits during the periods that are conducive to the spread of infectious diseases, particularly in the colder months of the fourth quarter.
Business · 第 229 页
Our mining activities need to be conducted considering the unique weather conditions of Xizang to optimise operational efficiency and production scheduling.
Business · 第 198 页
Winter, spanning from November to March or April, presents extreme cold, with ground freezing or being covered in snow, which increases extraction difficulties and costs, making it generally unsuitable for large-scale mining operations.
Business · 第 198 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看In particular, we customarily resume operations in April; however, adverse weather conditions delayed the 2024 resumption until May.
Business · 第 180 页
Our business performance can be affected by seasonality.
Business · 第 226 页
According to F&S report, the third quarter is a typical peak season for the mechanical massage services market, as various consumption scenarios such as commercial complexes and airports experience increased foot traffic due to the summer vacation.
Business · 第 226 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Conversely, the fourth quarter represents a typical off-peak season for the mechanical massage services market, as the heavy clothing worn in winter affects the massage experience, and some consumers would find it inconvenient to remove coats in public, which would lead to a decrease in demand for mechanical massage services.
Business · 第 226 页
Our business is subject to seasonal variations.
Business · 第 223 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看We generally experience higher sales of baby diapers and baby pants during the rainy season in Africa, which usually occurs in around May to October, as consumers tend to use these products more frequently to maintain hygiene and dryness in humid weather and tend to stock up these products due to the inconvenience of transportation during the rainy season.
Business · 第 223 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看As a result, we expect our revenue and profitability to be higher during the peak summer months and lower during the off-peak winter months.
Business · 第 236 页
Accordingly, our manufacturing activities tend to peak between March and August and our sales of influenza vaccines tend to be more concentrated between July and September.
Business · 第 316 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看This seasonal pattern has resulted in, and is expected to continue to result in, fluctuations in our operating results.
Financial Information · 第 375 页
During the rainy season, which generally occurs in the third quarter of the year, the continuous rainfall would block our heavy machinery and equipment from accessing our orebodies.
Business · 第 420 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看This was mainly because (i) the production volume of LXML for the third quarter of 2024 fell short of our expectations due to the impact of typhoons and floods, resulting in an inability to spread labor and depreciation costs; and (ii) labor costs and raw materials costs increased driven by global inflation.
Business · 第 286 页
Our business is subject to seasonal fluctuations. For example, during the Track Record Period, we typically had higher sales of cold drinks in summer each year due to hot weather and the increased demands for drinking and cooling.
Business · 第 259 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看This decline was primarily due to the seasonality of our operations and our efforts to optimize inventory levels for certain raw materials.
Financial Information · 第 339 页
We have been subject to certain levels of seasonal fluctuations with respect to consumer orders. We typically see more consumer traffic and generate higher sales during the summer when the weather is warmer.
Business · 第 221 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看In addition, the cost of ingredients of our tea beverages, such as fresh fruits, fruit juices and tea leaves, also fluctuates throughout the year, although we preemptively limit the extent of the fluctuations by locking in purchase prices of some of our ingredients in our procurement agreement with suppliers, sometimes as far as one year in advance.
Business · 第 221 页
In line with these trends, we usually record our lowest sales volume from January to March due to the Chinese New Year, when the construction activities are less active than other months of the year.
Business · 第 274 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看We align our production scheduling with market and weather conditions to optimise resources allocation and mitigate the impact of seasonal fluctuations.
Business · 第 274 页
We typically experience sales peaks in the second and third quarters of each year, primarily due to the warmer weather.
Financial Information · 第 330 页
Meanwhile, we typically have low seasons with generally lower revenue and lower utilization rates for our production capacity in the first and fourth quarters, which negatively affects our profitability during the same periods.
Financial Information · 第 330 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看The consumption of packaged drinking water and beverages is subject to seasonal variations.
Business · 第 240 页
Certain of our product categories can be affected by weather due to the nature of the products, such as air conditioners.
Business · 第 227 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Our inventories decreased from RMB47.3 billion as at 31 December 2023 to RMB41.1 billion as at 30 April 2024, primarily due to a decrease in finished goods as the result of seasonality as our operations generally have higher inventory needs at year-end to prepare for increased sales activities during the Chinese New Year.
Financial Information · 第 274 页
The delivery of our aircraft is subject to seasonal fluctuations.
Business · 第 249 页
We usually experience fewer deliveries at the start of the year as we roll out and replenish updated demo and training aircraft, which reduces the number of aircraft available for delivery to customers.
Business · 第 249 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Seasonal impacts are typically reflected during the start of our fiscal year leading to lower revenues during such period, such that the first half of each financial year generally contributes a smaller portion of our annual revenue as compared to the second half of the financial year.
Business · 第 249 页
In general, we experience weaker performance in the first quarter of each year due to lower level of consumer foot traffic and consumption from vending machines, especially outdoor ones, during winter.
Business · 第 297 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看We are also subject to seasonal fluctuation in demand from particular scenarios.
Business · 第 297 页
As a result, our revenue generated from the provision of heat services was higher in the first and fourth quarter during each financial year.
Financial Information · 第 464 页
Our engineering construction services also experienced seasonality during the Track Record Period since most of our engineering construction services were conducted outside the heat service period in order to avoid interruption or suspension of heat services to our heat service customers.
Financial Information · 第 465 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Our provision of heat services is therefore affected by seasonality.
Summary · 第 2 页
Our results of operations are subject to mild seasonal fluctuations. We usually observe an increase in revenue in the fourth quarter of each calendar year, primarily due to an increase in the demand of pharmaceutical products during winter.
Business · 第 203 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Seasonal fluctuations have not thus far posed material operational and financial challenges to us.
Business · 第 203 页
As our operating lease services and engineering and technical services are primarily performed on construction sites, our services are affected by seasonal weather conditions.
Financial Information · 第 340 页
Further, we may also experience seasonal fluctuation in our revenue and operating income in the first quarter of the year as a result of the Chinese New Year, which in turn, reduce the business activities and labor force in the market.
Financial Information · 第 340 页
公司的解释、律师意见及原文页码定位：在 Matters 中查看Our results of operations are likely to continue to fluctuate due to our business cycle, which resulted in seasonality.
Financial Information · 第 340 页