[三季报]美的集团(000333):2022年第三季度报告（英文）
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时间：2022年10月28日 18:13:12 中财网 |
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原标题:美的集团:2022年第三季度报告（英文）
Stock code: 000333 Stock name: Midea Group Announcement No.: 2022-097
Midea Group Co., Ltd.
Interim Report for the Third Quarter 2022
Midea Group Co., Ltd. (hereinafter referred to as the “Company”) and all the members of the
Company’s Board of Directors have warranted that the information given in this Report is true, accurate
and complete, as well as free of any false record, misleading statement or material omission.
Important Reminders:
1. The Board of Directors, the Supervisory Committee as well as all the directors, supervisors and senior management staff of the Company have warranted that this Report contains no false record, misleading statement or material omission. And they shall be jointly and severally liable for the truthfulness, accuracy and completeness of the information given in this Report. 2. The legal representative, principal in charge of accounting and head of the accounting department
of the Company have represented and warranted that the financial information in this Report is true,
accurate and complete.
3. Is this Report audited by a CPA firm?
□Yes √No
This Report has been prepared in both Chinese and English. Should there be any discrepancies or misunderstandings between the two versions, the Chinese version shall prevail.
1. Key financial information
1.1 Major accounting data and financial indicators
Does the Company adjust retrospectively or restate accounting data of previous years? □Yes √No
| | July-September
2022 | YoY Change (%) | January-
September 2022 | YoY Change (%) | | Operating revenue (RMB'000) | 87,705,744 | 0.20% | 270,366,753 | 3.45% | | Net profit attributable to
shareholders of the Company
(RMB'000) | 8,474,425 | 0.33% | 24,469,921 | 4.33% | | Net profit attributable to
shareholders of the Company
before non-recurring gains and
losses (RMB'000) | 8,374,107 | 5.63% | 24,065,619 | 6.65% | | Net cash flows from operating
activities (RMB'000) | —— | —— | 29,472,352 | 5.65% | | Basic earnings per share
(RMB/share) | 1.25 | 0.81% | 3.59 | 5.28% | | Diluted earnings per share
(RMB/share) | 1.24 | 0.81% | 3.58 | 5.60% | | Weighted average ROE (%) | 6.46% | -0.84% | 18.36% | -1.15% | | | 30 September 2022 | 31 December 2021 | Change (%) | | | Total assets (RMB'000) | 417,453,076 | 387,946,104 | 7.61% | | | Net assets attributable to
shareholders of the Company
(RMB'000) | 139,231,869 | 124,868,124 | 11.50% | |
Notes: Profit from operation was RMB9.98 billion during the three months ended 30 September 2022, representing a year-on-year increase of 14.3%, and that for the nine months ended 30 September 2022 was RMB28.84 billion, representing an increase of 10.9% from a year ago. Profit from operation
is operating profit less investment income and gains/losses on changes in fair value. The Company’s five business segments, namely the Smart Home Business Group, the Industrial Technology Business Group, the Building Technologies Division, the Robotics & Automation Division, and the Digital Innovation Business recorded revenue of RMB186.2 billion (up 1.70% year-on-year), RMB17 billion (up 14.84% year-on-year), RMB17.9 billion (up 22.65% year-on-year), RMB19.5 billion (up 5.72% year-on-year), and RMB8.1 billion (up 37.30% year-on-year) respectively during January- September 2022.
1.2 Non-recurring gains and losses
√Applicable □N/A
Unit: RMB’000
| Item | July-September 2022 | January-September
2022 | Note | | Gain or loss from disposal of non-current assets | -20,859 | 1,297 | | | Except for effectively hedging business related to
normal business operations of the Company, gain or
loss arising from the change in the fair value of
financial assets held for trading, derivative financial
assets, financial liabilities held for trading, derivative
financial liabilities, and other non-current financial
assets, as well as investment income or loss
produced from the disposal of the aforesaid financial
assets and liabilities | -241,045 | -675,386 | | | Other non-operating income and expenses except
above-mentioned items | 316,391 | 1,088,768 | | | | | | | | Less: Corporate income tax | -56,616 | -26,521 | | | Minority interests (after tax) | 10,785 | 36,898 | | | Total | 100,318 | 404,302 | -- |
Particulars about other items that meet the definition of non-recurring gain/loss: □Applicable √N/A
No such cases for the Reporting Period.
Explain the reasons if the Company classifies an item as a recurring gain/loss item, which is enumerated as a non-recurring gain/loss in the :
□Applicable √N/A
No such cases for the Reporting Period.
1.3 Major changes of main items in financial statements and financial indicators, as well as the reasons for the changes
√Applicable □N/A
Unit: RMB’000
| Financial statement items
(consolidated) | 30 September
2022/January-
September
2022 | 31 December
2021/January-
September
2021 | Change
(%) | Reasons for the changes | | Financial assets held for
trading | 3,521,607 | 5,879,202 | -40.10% | Mainly due to the decreased
structured deposits | | Derivative financial assets | 734,757 | 545,865 | 34.60% | Mainly due to the changes in the
fair value of derivative financial
instruments | | Loans and advances | 14,075,276 | 21,508,527 | -34.56% | Mainly due to the changes in the
operations of the finance business | | Other receivables | 2,135,800 | 3,104,065 | -31.19% | Mainly due to the decreased
receivables and advances for
others | | Current portion of non-
current assets | 40,335,141 | 19,851,577 | 103.18% | Mainly due to the acquisition of
fixed-income products with a
maturity of over one year | | Other current assets | 51,672,375 | 33,156,012 | 55.85% | Mainly due to the acquisition of
fixed-income products with a
maturity of over one year | | Other debt investments | 10,703,172 | 7,893,935 | 35.59% | Mainly due to the increased large-
denomination negotiable
certificates of deposit | | Construction in progress | 3,988,108 | 2,690,930 | 48.21% | Mainly due to the increased
construction in progress | | Short-term borrowings | 8,758,645 | 5,381,623 | 62.75% | Mainly due to the increased
borrowings | | Derivative financial liabilities | 369,139 | 157,602 | 134.22% | Mainly due to the changes in the
fair value of derivative financial
instruments | | Current portion of non-
current liabilities | 1,691,493 | 28,947,540 | -94.16% | Mainly due to the repayment of
borrowings | | Long-term borrowings | 55,483,504 | 19,734,020 | 181.16% | Mainly due to the increased
borrowings | | Deferred income | 1,742,904 | 1,228,459 | 41.88% | Mainly due to the increased
government subsidies received | | Other comprehensive income | 573,069 | -1,758,948 | 132.58% | Mainly due to the changes in
differences on translation of foreign
currency financial statements | | Interest costs | 35,457 | 76,088 | -53.40% | Mainly due to the changes in the
operations of the finance business | | Financial expenses | -2,110,455 | -3,349,461 | 36.99% | Mainly due to the increased
exchange losses | | Investment income | 862,732 | 1,999,228 | -56.85% | Mainly due to the decreased
investment income derived in the
period of holding financial assets
held for trading | | Losses on disposal of assets | -3,640 | 57,969 | -106.28% | Mainly due to the increased losses
on disposal of non-current assets | | Non-operating expenses | 71,626 | 139,501 | -48.66% | Mainly due to the decreased
donation expenditures | | Net cash flows from investing
activities | -18,705,995 | 6,680,656 | -380.00% | Mainly due to the decreased cash
received from disposal of
investments | | Net cash flows from financing
activities | -1,171,191 | -27,666,525 | 95.77% | Mainly due to the increased cash
received from borrowings | | Net increase in cash and
cash equivalents | 9,944,675 | 6,662,307 | 49.27% | Mainly due to the increased net
cash flows from financing activities |
2. Shareholder information
2.1 Total number of common shareholders and preference shareholders with resumed voting rights, as well as shareholdings of the top ten shareholders at the period-end Unit: share
| Total number of common shareholders at
the period-end | 436,153 | Total number of preference
shareholders with resumed
voting rights at the period-
end (if any) | 0 | | | | | Top 10 shareholders | | | | | | | | Name of shareholder | Nature of
shareholder | Sharehol
ding
percenta
ge (%) | Number of
shares held | Number of
restricted
shares held | Shares in pledge or
frozen | | | | | | | | Status | Shares | | Midea Holding Co., Ltd. | Domestic non-
state-owned
corporation | 30.98 | 2,169,178,713 | | In
pledge | 100,000,000 | | Hong Kong Securities Clearing
Company Limited | Foreign
corporation | 18.22 | 1,275,263,264 | | - | - | | China Securities Finance Co., Ltd. | Domestic non-
state-owned
corporation | 2.83 | 198,145,134 | | - | - | | Fang Hongbo | Domestic
individual | 1.67 | 116,990,492 | 87,742,869 | - | - | | Central Huijin Asset Management
Ltd. | State-owned
corporation | 1.26 | 88,260,460 | | - | - | | Huang Jian | Domestic
individual | 1.23 | 86,140,000 | | - | - | | Canada Pension Plan Investment
Board－ own funds (stock
exchange) | Foreign
corporation | 0.88 | 61,913,903 | | - | - | | Li Jianwei | Foreign
individual | 0.66 | 46,154,545 | | - | - | | Yuan Liqun | Domestic
individual | 0.57 | 40,168,097 | | - | - | | Huang Xiaoxiang | Domestic
individual | 0.54 | 37,835,332 | | In
pledge | 23,499,363 | | Top 10 non-restricted shareholders | | | | | | | | Name of shareholder | Number of non-restricted
shares held at the period-
end | Type of shares | | | | | | | | Type | Shares | | | | | Midea Holding Co., Ltd. | 2,169,178,713 | RMB common
stock | 2,169,178,713 | | | | | Hong Kong Securities Clearing Company Limited | 1,275,263,264 | RMB common
stock | 1,275,263,264 | | | | | China Securities Finance Co., Ltd. | 198,145,134 | RMB common
stock | 198,145,134 | | | | | Central Huijin Asset Management Ltd. | 88,260,460 | RMB common
stock | 88,260,460 | | | | | Huang Jian | 86,140,000 | RMB common
stock | 86,140,000 | | | | | Canada Pension Plan Investment Board－ own funds
(stock exchange) | 61,913,903 | RMB common
stock | 61,913,903 | | | | | Li Jianwei | 46,154,545 | RMB common
stock | 46,154,545 | | | | | Yuan Liqun | 40,168,097 | RMB common
stock | 40,168,097 | | | | | Huang Xiaoxiang | 37,835,332 | RMB common
stock | 37,835,332 | | | | | Temasek Fullerton Alpha Pte Ltd | 37,417,918 | RMB common
stock | 37,417,918 | | | | | Explanation of related relationship or/and acting-in- | N/A | | | | | |
| concert parties among the above-mentioned
shareholders | | | Explanation on the top 10 common shareholders
participating in securities margin trading | The Company’s shareholder Yuan Liqun holds 560,000 shares
in the Company through her common securities account and
39,608,097 shares in the Company through her account of
collateral securities for margin trading, representing a total
holding of 40,168,097 shares in the Company.
The Company’s shareholder Huang Xiaoxiang holds 29,435,332
shares in the Company through his common securities account
and 8,400,000 shares in the Company through his account of
collateral securities for margin trading, representing a total
holding of 37,835,332 shares in the Company. |
Note: 144,248,028 shares (or 2.06% of the Company’s total share capital) were held in the special account for
repurchased shares of Midea Group Co., Ltd. at the end of the Reporting Period. 2.2 Total number of preference shareholders and shareholdings of the top 10 preference shareholders at the period-end
□Applicable √N/A
3. Other significant events
□Applicable √N/A
4. Financial statements
4.1 Financial statements
Consolidated and Company Balance Sheets
Prepared by Midea Group Co. Ltd. As at 30 September 2022 Unit: RMB’000
| ASSETS | 30 September 2022 | 31 December 2021 | 30 September 2022 | 31 December 2021 | | | Consolidated | Consolidated | Company | Company | | Current assets: | | | | | | Cash at bank and on hand | 63,154,762 | 71,875,556 | 35,103,863 | 48,153,997 | | Financial assets held for trading | 3,521,607 | 5,879,202 | 267,712 | 3,442,317 | | Derivative financial assets | 734,757 | 545,865 | 413,449 | 157,501 | | Notes receivable | 6,055,187 | 4,784,914 | - | - | | Accounts receivable | 31,431,007 | 24,636,440 | - | - | | Receivables financing | 12,916,309 | 10,273,552 | - | - | | Advances to suppliers | 4,168,971 | 4,352,807 | 43,416 | 106,838 | | Contract assets | 4,244,361 | 3,823,476 | - | - | | Loans and advances | 12,965,148 | 20,656,600 | - | - | | Other receivables | 2,135,800 | 3,104,065 | 24,924,954 | 31,447,849 | | Inventories | 36,554,195 | 45,924,439 | - | - | | Current portion of non-current assets | 40,335,141 | 19,851,577 | 37,153,183 | 19,095,262 | | Other current assets | 51,672,375 | 33,156,012 | 35,310,757 | 11,713,182 | | Total current assets | 269,889,620 | 248,864,505 | 133,217,334 | 114,116,946 | | Non-current assets: | | | | | | Other debt investments | 10,703,172 | 7,893,935 | 5,892,185 | 6,034,563 | | Long-term receivables | 829,750 | 871,356 | - | - | | Loans and advances | 1,110,128 | 851,927 | - | - | | Long-term equity investments | 4,002,775 | 3,796,705 | 72,385,336 | 66,805,691 | | Investments in other equity instruments | 43,377 | 45,747 | - | - | | Other non-current financial assets | 6,977,348 | 5,912,873 | 291,884 | 537,214 | | Investment properties | 815,637 | 859,195 | 397,383 | 428,460 | | Fixed assets | 24,084,306 | 22,852,848 | 595,856 | 661,692 | | Construction in progress | 3,988,108 | 2,690,930 | 1,066,366 | 800,243 | | Right-of-use assets | 2,214,885 | 2,297,354 | 9,547 | 2,585 | | Intangible assets | 16,584,060 | 17,173,072 | 657,279 | 669,158 | | Goodwill | 27,075,391 | 27,874,752 | - | - | | Long-term prepaid expenses | 1,464,886 | 1,394,240 | 88,818 | 79,799 | | Deferred tax assets | 9,614,936 | 8,192,309 | 241,765 | 289,964 | | Other non-current assets | 38,054,697 | 36,374,356 | 35,774,548 | 33,023,304 | | Total non-current assets | 147,563,456 | 139,081,599 | 117,400,967 | 109,332,673 | | TOTAL ASSETS | 417,453,076 | 387,946,104 | 250,618,301 | 223,449,619 |
Consolidated and Company Balance Sheets (Cont’d)
Prepared by Midea Group Co. Ltd. As at 30 September 2022 Unit: RMB’000
| LIABILITIES AND
SHAREHOLDERS’ EQUITY | 30 September 2022 | 31 December 2021 | 30 September 2022 | 31 December 2021 | | | Consolidated | Consolidated | Company | Company | | Current liabilities: | | | | | | Short-term borrowings | 8,758,645 | 5,381,623 | - | - | | Loans with the Central Bank | - | 178,878 | - | - | | Customer deposits and
deposits from banks and
other financial institutions | 87,260 | 78,180 | - | - | | Financial liabilities held for
trading | 1,618,289 | - | - | - | | Derivative financial liabilities | 369,139 | 157,602 | - | - | | Notes payable | 28,290,679 | 32,752,007 | - | - | | Accounts payable | 61,617,766 | 65,983,559 | - | - | | Contract liabilities | 24,166,174 | 23,916,595 | - | - | | Employee benefits payable | 5,954,020 | 7,535,168 | 96,585 | 420,536 | | Taxes payable | 3,951,826 | 5,404,267 | 584,018 | 1,184,813 | | Other payables | 4,458,475 | 4,288,104 | 170,786,202 | 151,450,555 | | Current portion of non-current
liabilities | 1,691,493 | 28,947,540 | 96,523 | 92,647 | | Other current liabilities | 58,858,965 | 48,227,953 | 4,068,114 | 35,932 | | Total current liabilities | 199,822,731 | 222,851,476 | 175,631,442 | 153,184,483 | | Non-current liabilities: | | | | | | Long-term borrowings | 55,483,504 | 19,734,020 | 21,420,000 | 12,509,900 | | Bonds payable | 3,201,337 | - | - | - | | Lease liabilities | 1,507,826 | 1,533,552 | 4,089 | - | | Provisions | 316,906 | 310,571 | - | - | | Deferred income | 1,742,904 | 1,228,459 | 154,015 | 154,015 | | Long-term employee benefits
payable | 1,402,168 | 1,825,016 | - | - | | Deferred tax liabilities | 4,424,577 | 4,950,245 | 13,793 | 17,028 | | Other non-current liabilities | 687,709 | 687,689 | - | - | | Total non-current liabilities | 68,766,931 | 30,269,552 | 21,591,897 | 12,680,943 | | Total liabilities | 268,589,662 | 253,121,028 | 197,223,339 | 165,865,426 | | Shareholders’ equity: | | | | | | Share capital | 7,000,783 | 6,986,564 | 7,000,783 | 6,986,564 | | Capital surplus | 20,915,271 | 20,516,930 | 28,406,867 | 27,105,153 | | Less: Treasury stock | (15,225,644) | (14,044,550) | (15,225,644) | (14,044,550) | | Other comprehensive income | 573,069 | (1,758,948) | (2,457) | (7,295) | | General risk reserve | 655,391 | 719,922 | - | - | | Special reserve | 17,108 | 15,542 | - | - | | Surplus reserve | 9,449,901 | 9,449,901 | 9,449,901 | 9,449,901 | | Undistributed profits | 115,845,990 | 102,982,763 | 23,765,512 | 28,094,420 | | Total equity attributable to
shareholders of the
Company | 139,231,869 | 124,868,124 | 53,394,962 | 57,584,193 | | Minority interests | 9,631,545 | 9,956,952 | - | - | | Total shareholders’ equity | 148,863,414 | 134,825,076 | 53,394,962 | 57,584,193 | | TOTAL LIABILITIES AND
SHAREHOLDERS’ EQUITY | 417,453,076 | 387,946,104 | 250,618,301 | 223,449,619 |
Legal representative: Principal in charge of accounting: Head of accounting department:
Consolidated and Company Income Statements
Prepared by Midea Group Co. Ltd. For the nine months ended 30 September 2022 Unit: RMB’000
| Item | For the nine
months ended 30
September 2022 | For the nine
months ended 30
September 2021 | For the nine
months ended 30
September 2022 | For the nine
months ended 30
September 2021 | | | Consolidated | Consolidated | Company | Company | | Total revenue | 271,775,057 | 262,942,589 | 1,128,972 | 1,381,918 | | Including: Operating revenue | 270,366,753 | 261,341,969 | 1,128,972 | 1,381,918 | | Interest income | 1,407,722 | 1,600,306 | - | - | | Fee and commission income | 582 | 314 | - | - | | Total operating cost | (243,771,100) | (237,666,842) | 618,929 | 865,983 | | Including: Cost of sales | (206,530,717) | (202,595,165) | (31,123) | (26,639) | | Interest costs | (35,457) | (76,088) | - | - | | Fee and commission expenses | (1,721) | (5,209) | - | - | | Taxes and surcharges | (1,155,550) | (1,172,144) | (11,208) | (31,835) | | Selling and distribution expenses | (21,196,708) | (20,948,273) | - | - | | General and administrative expenses | (8,044,890) | (7,454,498) | (922,674) | (701,472) | | Research and development expenses | (8,916,512) | (8,764,926) | - | - | | Financial income | 2,110,455 | 3,349,461 | 1,583,934 | 1,625,929 | | Including: Interest expenses | (1,269,255) | (989,334) | (1,952,684) | (1,671,992) | | Interest income | 4,256,895 | 3,842,498 | 3,545,017 | 3,318,208 | | Add: Other income | 1,274,084 | 1,043,294 | 19,594 | 102,686 | | Investment income | 862,732 | 1,999,228 | 5,999,505 | 8,764,498 | | Including: Investment income from associates
and joint ventures | 478,015 | 410,522 | 207,222 | 195,952 | | Gains/(Losses) on changes in fair value | (1,042,032) | (924,798) | (161,751) | (239,518) | | Asset impairment losses | (195,425) | (171,668) | - | - | | Credit impairment losses | (236,992) | (204,276) | 1,477 | (492) | | Losses on disposal of assets | (3,640) | 57,969 | (281) | (891) | | Operating profit | 28,662,684 | 27,075,496 | 7,606,445 | 10,874,184 | | Add: Non-operating income | 292,601 | 406,215 | 33,677 | 31,299 | | Less: Non-operating expenses | (71,626) | (139,501) | (10,286) | (48,782) | | Total profit | 28,883,659 | 27,342,210 | 7,629,836 | 10,856,701 | | Less: Income tax expenses | (4,189,933) | (3,649,382) | (287,458) | (88,176) | | Net profit | 24,693,726 | 23,692,828 | 7,342,378 | 10,768,525 | | (1) Classified by continuity of operations | | | | | | Net profit from continuing operations | 24,693,726 | 23,692,828 | 7,342,378 | 10,768,525 | | Net profit from discontinued operations | - | - | - | - | | (2) Classified by ownership of the equity | | | | | | Attributable to shareholders of the Company | 24,469,921 | 23,455,250 | 7,342,378 | 10,768,525 | | Minority interests | 223,805 | 237,578 | - | - | | Other comprehensive income, net of tax | 2,314,988 | (180,401) | 4,838 | 18,926 | | Other comprehensive income attributable to equity
owners of the Company, net of tax | 2,332,017 | (139,373) | 4,838 | 18,926 | | (1) Other comprehensive income items which will not be
reclassified subsequently to profit or loss | 236,579 | 131,437 | - | - | | 1) Changes arising from remeasurement of
defined benefit plan | 233,662 | 129,967 | - | - | | 2) Changes in fair value of investments in other
equity instruments | 2,917 | 1,470 | - | - | | (2) Other comprehensive income items which will be
reclassified subsequently to profit or loss | 2,095,438 | (270,810) | 4,838 | 18,926 | | 1) Other comprehensive income that will be
transferred subsequently to profit or loss | 26,369 | 15,944 | 4,838 | 18,926 | | under the equity method | | | | | | 2) Cash flow hedging reserve | 381,971 | (199,762) | - | - | | 3) Differences on translation of foreign currency
financial statements | 1,687,098 | (86,992) | - | - | | Other comprehensive income attributable to minority
shareholders, net of tax | (17,029) | (41,028) | - | - | | Total comprehensive income | 27,008,714 | 23,512,427 | 7,347,216 | 10,787,451 | | Attributable to equity owners of the Company | 26,801,938 | 23,315,877 | 7,347,216 | 10,787,451 | | Attributable to minority interests | 206,776 | 196,550 | - | - | | Earnings per share: | | | | | | (1) Basic earnings per share (RMB Yuan) | 3.59 | 3.41 | Not applicable | Not applicable | | (2) Diluted earnings per share (RMB Yuan) | 3.58 | 3.39 | Not applicable | Not applicable |
（未完）
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