Retail Channel 

Pop Mart released the results for the first quarter of 2022, and the overall revenue (unaudited) in the first quarter recorded a positive growth of 65%-70% compared with the same period in 2021. The revenue (unaudited) performance of each channel compared with the first quarter of 2021: retail stores recorded a positive growth of 75%-80%; e-commerce platforms and other online platforms recorded a positive growth of 65%-70%; Wholesale and other channels recorded positive growth of 25%-30%.

On April 29, Yonghui Superstores released the report for the first quarter of 2022, achieving an operating income of 27.243 billion yuan, a year-on-year increase of 3.45%, and an increase of 28.34% from the fourth quarter of 2021; net profit attributable to the parent was 502 million yuan, a year-on-year increase of 2053.54. %.

According to the information on the China Enforcement Information Disclosure Network, Beijing Secoo Trading Co., Ltd. has added a new piece of information about the person subject to enforcement. The enforcement court is the Chaoyang District People's Court of Beijing, and the subject of enforcement is 17.4206 million yuan. In addition to being enforced by the court, Secoo also added 2 pieces of equity freeze information during the year, involving a total amount of nearly 1.07 million yuan. This is the third time the company has been enforced this year. In February and April of this year, Secoo was enforced by the People's Court of Changping District, Beijing, for 1,517 yuan and 8,000 yuan respectively.

Authoritative Release

Recently, according to the information released by the National Medical Products Administration Cosmetic Raw Material Filing Information Platform, another NMN (β-nicotinamide mononucleotide) raw material has been filed, and the filing person is Shenzhen Weiqi Pharmaceutical Research and Development Co., Ltd. The purpose of this raw material is anti-wrinkle agent, skin protectant and antioxidant, which can be used in various skin cosmetics, and the maximum allowable concentration should be less than 3%.

Recently, the registration information of cosmetic raw materials of the State Food and Drug Administration shows that the new raw material of hydrolyzed zinc hyaluronate "008" has been successfully filed. The filing person is Bloomage Biotechnology Co., Ltd., and the filing date is April 20, 2022. According to the announcement information, the raw material is mainly used in various skin cosmetics, and its purpose is skin protectant and moisturizing agent.

On April 24, the State Food and Drug Administration issued the "Notice of the General Department of the State Food and Drug Administration on the Establishment of the "Recombinant Humanized Collagen" Medical Device Industry Standard Project". The notice shows that the State Food and Drug Administration approved the "Recombinant Humanized Collagen" medical device industry standard formulation and revision project.

Brand and Industry

On April 28, Shanghai Jahwa disclosed its financial report for the first quarter of 2022. During the reporting period, the company achieved operating income of 2.117 billion yuan; net profit of 199 million yuan, a year-on-year increase of 17.81%, deducted non-net profit of 212 million yuan, the highest value in the past 23 quarters; operating cash flow of 550 million yuan, a single quarter All-time high.

On April 27th, Yunnan Bethany Biotechnology Group Co., Ltd. released its financial report for the first quarter of 2022. During the reporting period, the company's operating income achieved 809 million yuan, a year-on-year increase of 59.32%; the net profit attributable to shareholders of the listed company achieved 146 million yuan, a year-on-year increase of 85.74%.

Bloomage Bio's first-quarter financial report shows that as of March 31st, the company's operating income reached 1.255 billion yuan, a year-on-year increase of 61.57%; the net profit attributable to shareholders of the listed company achieved 200 million yuan, a year-on-year increase of 31.07%.
 
According to the annual report released by COSMAX in April, in 2021, COSMAX will achieve a sales revenue of 1,591.5 billion won (about 8.3 billion yuan), a year-on-year increase of 15.1%; an operating profit of 560 million yuan, a year-on-year increase of 367%; Net income was 390 million yuan, a year-on-year increase of 255%.

 
 According to the 2021 annual report of Yixian E-commerce, the parent company of Perfect Diary, the company's annual revenue reached 5.84 billion yuan, a year-on-year increase of 11.6%. Among them, skin care brand revenue grew rapidly, with GMV close to 1 billion yuan, a year-on-year increase of 332%, accounting for closed at 14.6%. The company's annual gross profit margin increased by 2.5 percentage points year-on-year to 66.8%, and the net loss narrowed by 42.7% year-on-year. The overall business showed a healthy development momentum.

On April 13rd, 2022, the United Kingdom notified the WTO of a related technical trade measure on toys and cosmetics, with the notification number G/TBT/N/GBR/47. The notified regulation intends to revise the management measures for the restriction and restriction of certain chemical substances in the Toys Regulations and the Cosmetics Regulations. Among them, the whitening agent deoxyarbutin is added to the list of banned substances in cosmetics. It is expected that the regulation will be issued and officially take effect on December 15th, 2022.

According to the 2021 annual report and first quarter report of the beauty agency operator OneNet, the total revenue for the year was 1.135 billion yuan, a year-on-year decrease of 12.59%; the net profit attributable to the parent was 327 million yuan, a year-on-year increase of 5.39%. During the reporting period, the GMV of the company's service brands reached 27.1 billion yuan, a year-on-year growth rate of 35.5%, and 42 new cooperative brands were added. In the first quarter, the revenue was 266 million yuan, a year-on-year increase of 19.58%; the net profit attributable to the parent was 51.881 million yuan, a year-on-year decrease of 2.38%. The service brand achieved GMV of 4.804 billion yuan, a year-on-year increase of 12.78%. 
 
Recently, Xie Fuchun, a veteran domestic product, announced its 2021 annual results. The total revenue last year was 38.558 million yuan, a year-on-year increase of 15.52%; the net profit attributable to the parent was -6.1548 million yuan, a year-on-year decrease of 57.36%. .

Guangzhou Ruoyuchen Technology Co., Ltd.'s 2021 annual financial report shows that the company's annual operating income was 1.288 billion yuan, a year-on-year increase of 13.44%; the net profit attributable to shareholders of the parent company was 29.1951 million yuan, a year-on-year decrease of 67.02%

Among them, the sales revenue of beauty and personal care in 2021 will reach 552 million yuan, accounting for 45.98%, which is the core business of Ruoyuchen. In 2021, the sales revenue of the maternal and infant category will reach 271 million yuan, accounting for 22.54%; household cleaning category will be 61 million yuan, accounting for 5.06%.

Ruo Yuchen also disclosed the results for the first quarter of 2022. In the first quarter of this year, the revenue was 284 million yuan, a year-on-year increase of 5.63%; the net profit attributable to the parent was 3.536 million yuan, a year-on-year decrease of 81.21%.

Recently, Yixian E-commerce released its 2021 annual report on its official account. The annual revenue in 2021 is 5.84 billion yuan, a year-on-year increase of 11.6%. Among them, the performance of the skin care sector increased by 332.3% year-on-year, and the performance contribution rate increased by 10.8%. It is worth noting that the R&D investment of Yixian E-commerce in 2021 will be 142 million yuan, a year-on-year increase of 113.5%, and the R&D investment revenue will account for 2.43%. At present, the number of patents is as high as 118, and the number of invention patents is 39. 

Bethany disclosed the first quarter report. During the reporting period, the company achieved operating income of 809 million yuan, a year-on-year increase of 59.32%; net profit of 146 million yuan, a year-on-year increase of 85.74%; basic earnings per share of 0.34 yuan.

On April 27th, S'YOUNG released the 2021 annual performance report. The report shows that the company achieved revenue of 5.01 billion yuan last year, a year-on-year increase of 34.86%; net profit attributable to the parent was 236 million yuan, a year-on-year increase of 68.54%; The parent's net profit was 215 million yuan, a year-on-year increase of 58.31%, which is also the best "record" of S'YOUNG since its listing. In addition, the report also disclosed the performance of S'YOUNG in the first quarter of 2022. The Q1 company achieved revenue of 1.046 billion yuan, a year-on-year increase of 27.96%; net profit attributable to the parent was 41.58 million yuan, a year-on-year increase of 36.1%.

On April 21st, the Chengdu Municipal Market Supervision Bureau of Sichuan Province released ten typical cases of "Spring Thunder Action 2022". Among them, a Guangzhou biotechnology company was investigated and dealt with for organizing and planning a pyramid scheme. It is reported that Guangzhou Manyu Tianya received a total of nearly 240 million yuan in investment from members in three years. After investigation and punishment, more than 17.08 million yuan of illegal income was confiscated and a fine of 1.3 million yuan was imposed. On April 27th, the head cosmetics online retail service provider Lily&Beauty disclosed its Q1 performance in 2022. The report shows that from January to March this year, Lily&Beauty achieved a revenue of 715 million yuan, a year-on-year decrease of 5.34%; a net profit attributable to the parent of 12.6957 million yuan, a year-on-year decrease of 71.47%; a net profit of 11.746 million yuan, a year-on-year decrease of 11.746 million yuan down 73.05%.

On May 5th, Xi'an Giant Bio-Gene Technology Co., Ltd. submitted a prospectus to the Hong Kong Stock Exchange and planned to be listed on the main board of Hong Kong. 
 
On the evening of April 28th, Guangdong Bawei Biotechnology Co., Ltd. released the 2021 annual report. The report shows that in 2021, the operating income of Bawei shares is about 416 million yuan, a year-on-year increase of 32.34%; the operating cost is about 294 million yuan, an increase of 35.47% over the same period; the net profit attributable to shareholders of the listed company is about 21.89 million yuan, a year-on-year decrease of 22.80%.
 

On the evening of April 29th, Marubi announced its 2021 annual report and 2022 first quarter report. According to the report, Marubi’s revenue in 2021 is 1.787 billion yuan, a year-on-year increase of 2.41%; the net profit attributable to listed shareholders is 248 million yuan, a year-on-year decrease of 46.61%. Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 179 million yuan, a year-on-year decrease of 55.70%.

On April 29th, JD.com released an announcement on the "Quality Standards for Quality Certification of Cosmetics of Emulsion and Creams on an Open Platform", which officially took effect on May 6, 2022 (today).

On May 9th, the General Administration of Customs announced the national import and export customs data in April. Among them, the import of beauty cosmetics and toiletries in April was 35,200.2 tons, a year-on-year decrease of 22.9%; the import value was 13.19 billion yuan, a year-on-year decrease of 9.28%. The accumulated imports in the first four months were 132,662.8 tons, a year-on-year decrease of 9.1%; the import value was 47.9 billion yuan, a year-on-year decrease of 7.1%. From the month-on-month trend, the tonnage decreased slightly in April, down 1.9% month-on-month; but the import value increased slightly, up 2% month-on-month.

On May 10th, French perfume giant Inter Parfums announced its financial report for the first quarter of fiscal year 2022, with double-digit growth in both operating income and net profit. According to the financial report, the operating income of Inter Parfums in the first quarter was 61.2 million US dollars (about 411 million yuan), a year-on-year increase of 28%; the net profit was 35.3 million US dollars (about 237 million yuan), a year-on-year increase of 28%; gross profit 63 %constant.

Recently, the personal care brand LMNT of Furui Medical Technology Co., Ltd., a listed company in Hong Kong, officially landed in China. 

On May 17th, Jinbo Bio on the New Third Board released the review report for the first quarter of 2022. In the first quarter, the company's revenue was 64.5858 million yuan, a year-on-year increase of 28.98%; the net profit was 15.3072 million yuan, a year-on-year decrease of 6.70%.

 The report shows that the total operating cost of Jinbo Bio in the first quarter was 49.5396 million yuan, a year-on-year increase of 48.42%.

Recently, Henkel announced plans to merge its Laundry & Home Care business and Cosmetics/Beauty business into one business unit, Henkel Consumer Brands.

Recently, Japanese cosmetics group Kose disclosed its first-quarter 2022 performance report. The report shows, 1. Net sales fell 3.7% year-on-year to 59 billion yen (about 3.1 billion yuan); operating profit turned a loss to 300 million yen (about 16 million yuan), a loss of 400 million yen in the same period last year . 2. During the reporting period, the sales of the Cosmetics Division increased by 2.2% year-on-year to 46.7 billion yen (approximately RMB 2.457 billion); the operating profit turned from loss to profit to 1.8 billion yen (approximately RMB 95 million). 3. By region, sales in Japan fell by 3.6% year-on-year to 36.5 billion yen (approximately RMB 1.92 billion); sales in Asia fell by 13.5% year-on-year to 14 billion yen (approximately RMB 737 million).

Electronic Business Platform

According to user statistics, in 2022, the total transaction volume of the Taobao series and JD.com skin care market in Q1 is 47.257 billion yuan, a decrease of 2.46% from the first quarter of last year. Among them, the GMV of Taobao series skin care was 35.760 billion yuan, a year-on-year decrease of 8.86%.

 A few days ago, the independent cross-border e-commerce unicorn Ocean Terminal announced the acquisition of the leading new retail brand "Weimen" in China's beauty industry.

Kuaishou E-commerce released the "Quick Brand Support Plan", which will help Kuaishou brands from five aspects: traffic dividends, cold start benefits, product privileges, marketing activities, and exclusive services. In terms of traffic, more than 23 billion traffic will be used to help fast brand growth. In 2022, Kuaishou E-commerce plans to support 500 Kuaishou brands.

On May 10th, Taobao released the "Taobao Cosmetics Product Quality Sampling Specification". The specification clearly stipulates the process content, sampling method, testing organization, testing basis, judgment principle and punishment standard. The new regulations will come into effect on May 17, 2022, and the original Taobao Sampling Standard (Cosmetics) will be abolished immediately.

On May 13rd, Taobao and Tmall announced 25 618 measures to help merchants, covering 5 aspects-financial subsidies, logistics dredging, traffic subsidies, special measures for the epidemic, and technology upgrades. 

On May 10th, Tiktok issued a public notice (2022.5.10) on the revision of the "Beauty Industry Promotion Standards". The revised rules are expected to take effect on May 17, 2022. The rules make it clear that platform merchants/creators are prohibited from making false and exaggerated promotions or descriptions of the efficacy of products when promoting beauty products, such as expressing or implying that cosmetics have medical, cosmetic, and health benefits.

On May 11th, Youzan announced its first-quarter 2022 performance report. In the first quarter, Youzan’s revenue was 363 million yuan, down 13.05% year-on-year; among them, subscription solution revenue decreased by 14.4% year-on-year to 220 million yuan, and merchant solution revenue decreased by 11.1% year-on-year to 140 million yuan. The operating loss was about 344 million yuan, an increase of 76.6% over the same period last year.

On May 17th, JD.com released its first-quarter 2022 results, with revenue increasing by 18% year-on-year to 239.7 billion yuan, and JD.com’s net loss in the first quarter of 2022 was 3 billion yuan.

Recently, Taobao issued a public notice on the adjustment of the "Taobao Cosmetics Industry Management Standards". According to the announcement, Taobao plans to adjust the "Taobao Cosmetics Industry Management Standards". Specifically, the main changes in this rule adjustment are: first, adjusting the scope of application of cosmetic industry management norms; second, clarifying the release requirements for children's cosmetics products.

A few days ago, Taobao Tmall released the "Beauty Industry Recovery Plan" at the first online summit of CBE (China Beauty Expo), and launched 5 major measures on new ingredients, new categories, new brands, new content and new channels to support the industry. Innovation.

International Group

On April 28, Unilever announced its financial results for the first quarter of 2022. According to the financial report, the company’s revenue in the first quarter was 13.782 billion euros (about 96.104 billion yuan), an increase of 11.8% year-on-year; basic sales increased by 7.3% year-on-year, higher than analysts’ expectations of 4.4%.

On April 26th, L'Occitane International released its 2022 financial report. The report shows that in the 12 months ending March 31, 2022, the group achieved sales of 1.809 billion euros (approximately RMB 12.566 billion ), an increase of 16.7% year-on-year at the reported exchange rate and 14.6% year-on-year at constant exchange rates.

On May 3rd, the Estee Lauder Group released the third quarter (January 1, 2022 - March 31, 2022) performance report. During the reporting period, the Estee Lauder Group achieved net sales of US$4.25 billion (approximately RMB 28.14 billion)Yuan, a year-on-year increase of 10%; net profit of US$560 million (about 3.71 billion yuan), a year-on-year increase of 22%.

On April 28th, South Korean beauty giant Amorepacific Group announced its first quarter financial results this year. During the reporting period, Amore’s total revenue was 1,165 billion won (approximately RMB 6.05 billion), a year-on-year decrease of 7%; the operating profit during the period was 158 billion won (approximately RMB 820 million), a year-on-year decrease of 10.4%; Net profit was 120.1 billion won (about 624 million yuan), down 12.8% year-on-year.

On May 5th, cosmetics group Revlon disclosed its performance report for the first quarter of 2022. According to the report, as of March 31th, Revlon Group’s net sales in the first quarter of 2022 were US$479.6 million (about 3.204 billion yuan), a year-on-year increase of 7.8%, and gross profit was US$282.7 million (about 1.889 billion yuan), It increased by 11.4% year-on-year, and the comprehensive loss from continuing operations (net after tax) was US$67 million (approximately 448 million yuan), compared with US$96 million (approximately 641 million yuan) in the first three months of last year, a year-on-year decrease of 30.2%.

On May 12th, the Japanese beauty giant Shiseido Group released its financial report for the first quarter of 2022. The financial report shows that as of March 31, 2022, Shiseido Group’s sales were 234.023 billion yen (approximately RMB 12.333 billion), a year-on-year decrease of 1.3%; operating profit achieved 4.376 billion yen (approximately RMB 230 million), a year-on-year decrease. A decrease of 59.8%; deducted non-net profit achieved 4.378 billion yen (about 230 million yuan), a decrease of 4.8 billion yen (about 253 million yuan) compared with last year, a year-on-year decrease of 52.3%.

On May 9th, Coty released results for the third quarter of fiscal 2022 (i.e. January-March 2022). Net income was US$1.186 billion (approximately RMB 7.967 billion), a year-on-year increase of 15%. Among them, the net income of the high-end beauty department was 726.4 million US dollars (about 4.879 billion yuan), accounting for 61% of Coty’s total net income, an increase of 21% year-on-year. The third-quarter net income of the popular beauty department was 459.8 million US dollars (about 3.089 billion yuan), an increase of 8% year-on-year, and accounted for 39% of Coty's total net income.

On May 11th, Kao Group disclosed financial data for the first quarter of 2022. During the reporting period, Kao’s sales increased by 8.2% year-on-year (actual increase of 4.8%) to 346.8 billion yen (about 18.276 billion yuan); operating profit was 23 billion yen (about 1.212 billion yuan), down 25.8% year-on-year ; Earnings per share was 38.5 yen, down 28.2% year-on-year.

Tax Free News

Recently, CDFG disclosed its 2021 annual report. The annual operating income was 67.676 billion yuan, a year-on-year increase of 28.67%; the net profit attributable to shareholders of listed companies was 9.654 billion yuan, a year-on-year increase of 57.23%.