季节性及周期性

港股IPO招股书披露先例 · 331 家公司,331 项

季节性及周期性波动指申请人销售、生产或现金流随天气、节假日、客户预算及采购周期、电商促销节奏等因素在不同期间出现的波动。招股书通常于概要、风险因素、业务及财务资料等章节披露波动的具体模式及成因,并说明丰富产品组合、加大销售及营销力度、采用弹性用工安排、持续监察及调整资源配置等应对措施,或引述行业来源指该等季节性属业内普遍现象。

2025-09-09Prospectus
健康160国际有限公司160 Health International Limited02656.HK

数字医疗解决方案收入及回款存在季节性

This difference was mainly attributable to the seasonality of our digital healthcare and wellness solutions, which typically generate lower revenue contribution in the first quarter, with a larger share of revenue recognized in the second half of the year as additional business customers are acquired.

Business · 第 328 页

This reflects seasonal fluctuations in the healthcare industry, particularly during the Spring Festival period, which Frost & Sullivan has confirmed as an industry norm.

Financial Information · 第 480 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-09-01Prospectus
大行科工(深圳)股份有限公司DAHON TECH (SHENZHEN) CO., LTD.02543.HK

销售存在季节性波动,年初两个月较低

Our financial performance and results of operations are subject to seasonal fluctuations. Sales are relatively lower during the first two months of each year primarily due to winter weather conditions that limit outdoor cycling activities, whether for general commuting or recreational purposes, and the Chinese New Year holiday period.

Business · 第 183 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-07-31Prospectus
江苏中慧元通生物科技股份有限公司Ab&B Bio-Tech CO., LTD. JS02627.HK

流感疫苗销售及生产存在明显季节性

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

This seasonal pattern has resulted in, and is expected to continue to result in, fluctuations in our operating results.

Financial Information · 第 375 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-30Prospectus
北京极智嘉科技股份有限公司Beijing Geekplus Technology Co., Ltd.02590.HK

订单集中于第四季收入递延至下年确认

Many end customers, particularly in e-commerce, retail, and logistics, tend to concentrate their order placements toward the end of the calendar year.

Business · 第 309 页

As a result, we often experience a substantial increase in order intake in the fourth quarter, while recognizing the actual revenue in the second half of the following year after project completion and customer acceptance.

Business · 第 309 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-30Prospectus
蓝思科技股份有限公司Lens Technology Co., Ltd.06613.HK

销售存在季节性,第四季度较高

Demand for and sales of our products follow the same seasonality pattern as sales of the end products that feature our products, including consumer electronics and smart vehicles. Demand for end products is affected by the holiday season and people's consumption habits, with certain seasonality patterns. As a result, we typically experience higher sales in the fourth quarter of the year.

Business · 第 158 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-30Prospectus
武汉大众口腔医疗股份有限公司Wuhan Dazhong Dental Medical Co., Ltd.02651.HK

业务存在轻微季节性波动

In line with the industry norm of the dental services market in China, we typically witness increase in customer visits in July and August each year, as it can be easier for potential customers, especially children and teenagers, to have time for dental diagnosis and treatment during their summer vacation.

Business · 第 250 页

We expect our business operations and financial performance to continue to experience minor fluctuations based on seasonal factors. Our financial performance for any period of less than a year may not reflect our annual financial results.

Financial Information · 第 311 页

Despite the impact brought by seasonality, particularly fewer customer visits shortly before and during the Chinese New Year holiday in late January 2025, the total number of our customer visits only recorded a slight decrease from 189,346 in the fourth quarter of 2024 to 175,141 in the first quarter of 2025, attributable to our continuous efforts to expand service network while enhancing service quality and experience.

Financial Information · 第 371 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-30Prospectus
北京讯众通信技术股份有限公司Beijing Xunzhong Communication Technology Co., Ltd.02597.HK

云通信服务需求下半年及第四季较高

Our cloud-based communications services, namely our CPaaS and Contact Center SaaS services, are subject to seasonal fluctuations and generally experience an increase in customer demand during the second half of the year, particularly in the fourth quarter.

Business · 第 245 页

For instance, we generally see increases in service demands for promotional messages around online shopping festivals such as November 11, or “Double Eleven” (雙十一), and December 12, or “Double Twelve” (雙十二).

Business · 第 245 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-25Prospectus
安井食品集团股份有限公司ANJOY FOODS GROUP CO., LTD.02648.HK

销售受季节性影响冬季为旺季

We typically experience sales peaks during winter.

Financial Information · 第 279 页

To offset the impacts of seasonality to a certain extent, we have enriched our product mix to include roasted pork sausage, shumai, steamed buns and crayfish products, among others, and expect to meet the needs for more diverse dining scenarios.

Financial Information · 第 279 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-20Prospectus
云知声智能科技股份有限公司UNISOUND AI TECHNOLOGY CO., LTD.09678.HK

收入呈下半年集中的季节性特征

Our business and results of operations are affected by seasonality, resulting from seasonal fluctuations in customer purchases.

Financial Information · 第 296 页

As we typically recognize revenue upon acceptance by the customer, we had higher revenue from our products and solutions in the second half of the fiscal year, which is in line with the industry norm, according to Frost & Sullivan.

Financial Information · 第 296 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-18Prospectus
周六福珠宝股份有限公司Zhou Liu Fu Jewellery Co., Ltd.06168.HK

销售受节日及平台购物节影响

Our sales performance is influenced by ceremonial and festival events such as Mid-Autumn Festival, Chinese New Year, PRC National Day holiday, Valentine’s Day, Qixi Festival and other national holidays, which are typically associated with the Chinese tradition of gift-giving.

Financial Information · 第 367 页

As a result, the variability in our sales related to these ceremonial and festival events may cause our business, financial performance and results of operations to fluctuate from period to period, and the comparison of sales and operating results between different periods within a single financial year may not be meaningful and should not be relied upon as indicators of our overall performance.

Financial Information · 第 367 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-17Prospectus
湖北香江电器股份有限公司X.J. ELECTRICS (HU BEI) CO., LTD02619.HK

产品销售呈现下半年季节性波动

From our experience, we generally record relatively higher revenue in the second half of each year which coincides with higher sales of our customers resulted from festivities around the Black Friday, Thanksgiving and Christmas time and year-end promotion events in the second half of a year.

Business · 第 205 页

According to the F&S Report, this seasonality trend is consistent with the industry norm.

Business · 第 205 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-13Prospectus
佰泽医疗集团Bayzed Health Group Inc02609.HK

春节前后就诊减少,一季度收入略低

Our In-network Hospitals and radiotherapy centers, in line with the healthcare service industry in the PRC, typically have fewer patient visits shortly before and after the Chinese New Year, during which most people usually avoid visiting hospitals. As a result of the foregoing, our revenue was slightly lower in the first quarter of each financial year during the Track Record Period.

Business · 第 401 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-06-02Prospectus

业绩存在季节性波动

Our results of operations are subject to seasonal fluctuations.

Business · 第 229 页

Seasonal fluctuations have not thus far posed material operational and financial challenges to us, as such periods tend to be brief and predictable, allowing us to re-allocate resources and improve efficiency ahead of time.

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
2025-05-15Prospectus

销售存在季节性波动

Sales of our products and services are subject to seasonality.

Financial Information · 第 490 页

As a result of the seasonality effect and our relatively fixed costs and expenses structure, we may incur greater operation losses in the first half of our financial year than in the second half of our financial year.

Financial Information · 第 490 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-04-28Prospectus
海南钧达新能源科技股份有限公司Hainan Drinda New Energy Technology Co., Ltd.02865.HK

春节假期及寒冷天气影响产量与利用率

In comparison, in the first quarter of 2025, as N-type TOPCon cells had become the industry mainstream and supply-demand was still in a process of adjustment, we deemed it financially prudent to not book overtime shifts, and as such the holiday season and cold weather's effects on production volume became more pronounced.

Business · 第 325 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-04-03Prospectus
江苏正力新能电池技术股份有限公司Jiangsu Zenergy Battery Technologies Group Co., Ltd.03677.HK

EV及ESS产品销售存在季节性

EV sales in China in the second half of the year tends to be higher compared to the first half.

Financial Information · 第 406 页

We also experience seasonality in the sales of ESS products, with the first and last quarter of each year recording less sales compared to the second and third quarters.

Financial Information · 第 406 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-03-21Prospectus
江苏宏信超市连锁股份有限公司JIANGSU HORIZON CHAIN SUPERMARKET COMPANY LIMITED02625.HK

销售受季节性影响,九月至翌年二月为旺季

Our business is slightly affected by seasonality. We usually record higher sales revenue during holidays and festivals, such as Chinese New Year and anniversary of our Group. We also usually record a higher sales revenue during September to February of the next year, as there are more Chinese traditional festivals during this period.

Business · 第 287 页

In view of the seasonality factors, we usually review and adjust our inventory level in advance in order to accommodate the anticipated increase in demand and needs of our products to avoid supply shortage and our loss of profits.

Financial Information · 第 396 页
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-02-28Prospectus
赤峰吉隆黄金矿业股份有限公司Chifeng Jilong Gold Mining Co., Ltd.06693.HK

雨季影响生产,LXML三季度产量不及预期

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

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
公司的解释、律师意见及原文页码定位:在 Matters 中查看
2025-02-21Prospectus

业务存在季节性波动,夏季冷饮销售较高

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

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
公司的解释、律师意见及原文页码定位:在 Matters 中查看

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