[一季报]比音勒芬(002832):2023年第一季度报告（英文版)

时间：2023年07月28日 20:51:37 中财网

原标题:比音勒芬:2023年第一季度报告（英文版)

Stock Code: 002832 Stock Abbreviation: BYLF Announcement No.: 2023-021 BIEM.L.FDLKK Garment Co., Ltd.
First Quarter Report 2023
The Company and all members of the Board of Directors hereby guarantee the truthfulness, accuracy and completeness of the information disclosed, and there are no false records, misleading statements or material omissions.Important Notice:
1. The Board of Directors and the Board of Supervisors of the Company and its directors, supervisors and senior management
warrant that the information contained in this quarterly report is true, accurate and complete without any false records, mis leading
statements or material omissions, and they accept the legal liability severally and jointly thereof.
2. The person in charge of the Company, the person in charge of accounting of the Company, and the person in charge of the
accounting department of the Company have declared that they warrant the truthfulness, accuracy and completeness of the
financial statements set out in this quarterly report.
3. Whether the First Quarter Report has been audited
□ Yes ?No
I. Main Financial Data
(I) Main accounting data and financial indicators
Whether the Company needs to perform retrospective adjustment or restatement of accounting data for previous years
□ Yes ?No

	Current period	Same period of previous year	Changes over the same period of previous year
Revenue (RMB)	1,078,874,765.84	810,420,572.37	33.13%
Net profit attributable to shareholders of the listed company (RMB)	300,665,438.83	212,692,757.27	41.36%
Net profit attributable to shareholders of the listed company after deducting non- recurring profit and loss (RMB)	287,840,939.05	201,656,919.76	42.74%
Net cash flow from operating activities (RMB)	506,966,122.25	466,607,840.66	8.65%
Basic earnings per share (RMB/share)	0.53	0.38	39.47%
Diluted earnings per share (RMB/share)	0.53	0.38	39.47%
Weighted average return on equity	7.02%	6.27%	0.75%
	End of current period	End of previous year	Changes over the end of previous year
Total assets (RMB)	5,885,999,354.18	5,578,885,921.48	5.50%
Owner's equity attributable to shareholders of the listed company (RMB)	4,430,698,951.77	4,130,033,512.93	7.28%

(II) Non-recurring items and amounts
?Applicable □ Not applicable
Unit: RMB

Item	Amount of current period	Description
Gains or losses from the disposal of non- current asset (including the write-off that accrued for impairment of assets)	-124.29
Governmental grants reckoned into current profits/losses (excluding grants enjoyed in quota or ration according to national standards, which are closely relevant to the Company’s normal business)	6,235,519.00
Gains or losses from changes in fair value of financial assets and financial liabilities held for trading, and investment income from the disposal of financial assets and financial liabilities held for trading and available-for-sale financial assets, excluding the effective hedging business related to the normal operation of the Company	428,883.18
Other non-operating revenue and expenses except for the aforementioned items	-27,788.00
Other profit and loss items that qualify the definition of non-recurring profit and loss	9,140,629.73
Less: Influence of income tax	2,952,619.84
Total	12,824,499.78

Details of other profit and loss items that qualify the definition of non-recurring profit and loss
?Applicable □ Not applicable
During the reporting period, the Company had RMB9,140,629.73 of other profit/loss items that qualified the definition of non-
recurring profit/loss, which were the income from wealth management products. Descriptions where the Company defines any non-recurring profit and loss items listed in the No. 1 Explanatory Announcement on
Information Disclosure of Companies Offering Securities to the Public—Non-recurring Profit and Loss as recurring profit and loss
items during the reporting period
□ Applicable ?Not applicable
The Company did not define any non-recurring profit and loss items listed in the No. 1 Explanatory Announcement on Information
Disclosure of Companies Offering Securities to the Public—Non-recurring Profit and Loss as recurring profit and loss items
during the reporting period.
(III) Changes of main accounting data and financial indicators and reasons for the changes ?Applicable □ Not applicable

Item	March 31, 2023 (RMB)	December 31, 2022 (RMB)	Change ratio	Description
Monetary funds	2,292,609,362.29	1,144,693,949.57	100.28%	Mainly owing to the increase in sales and the redemption of mature bank wealth management products in the current period
Financial assets held for trading	701,715,972.22	1,378,756,798.87	-49.11%	Mainly owing to the redemption of mature bank wealth management products in the current period
Intangible assets	339,252,969.78	129,012,724.85	162.96%	Mainly owing to the carry-over of the prepaid land payments to intangible assets in the current period
Other non-current assets	-	229,534,475.56	-100.00%	Mainly owing to the carry-over of the prepaid land payments to intangible assets in the current period
Notes payable	31,980,023.19	46,482,171.48	-31.20%	Mainly owing to the decrease in acceptance bills issued in the current period
Employee benefits payable	86,556,318.43	65,774,838.19	31.59%	Mainly owing to the increase in sales in the current period
Item	Amount of current period (RMB)	Amount of previous period (RMB)	Change ratio	Description
Revenue	1,078,874,765.84	810,420,572.37	33.13%	Mainly owing to the increase in sales in the current period
Cost of revenue	262,016,878.58	198,651,846.91	31.90%	Mainly owing to the increase in sales in the current period
Finance expenses	-8,209,163.63	-3,076,152.10	-166.86%	Mainly owing to the increase in the interest expense of convertible bonds in the previous period and the increase in the interest income in the current period
Asset impairment loss	-20,210,680.00	-11,685,476.98	-72.96%	Mainly owing to the provision for inventory impairment in the current period
Income tax expenses	67,565,743.84	47,081,807.86	43.51%	Mainly owing to the increase in profits in the current period
	Current period (RMB)	Same period of previous year (RMB)	Change ratio	Description
Revenue	1,078,874,765.84	810,420,572.37	33.13%	Mainly owing to the increase in sales in the current period
Net profit attributable to shareholders of the listed company	300,665,438.83	212,692,757.27	41.36%	Mainly owing to the increase in sales in the current period
Net profit attributable to shareholders of the listed company after deducting non-recurring profit and loss	287,840,939.05	201,656,919.76	42.74%	Mainly owing to the increase in sales in the current period
Basic earnings per share (RMB/share)	0.53	0.38	39.47%	Mainly owing to the increase in net profit attributable to shareholders of the listed company in the current period
Diluted earnings per share (RMB/share)	0.53	0.38	39.47%	Mainly owing to the increase in net profit attributable to shareholders of the listed company in the current period

II. Shareholder Information
(I) Total number of ordinary shareholders, number of preferred shareholders whose voting rights were
resumed and shareholdings of top 10 shareholders
Unit: share

Total number of ordinary shareholders at the end of the reporting period	8,769	Total number of preferred shareholders whose voting rights were resumed at the end of the reporting period (if any)	0
Shareholdings of top 10 shareholders
Name of shareholder	Nature of shareholder	Shareholding percentage (%)	Number of shares	Number of restricted shares	Pledged, marked or frozen
					Share status	Quantity
Xie Bingzheng	Domestic natural person	37.88%	216,170,800.00	162,128,100.00
Feng Lingling	Domestic natural person	3.44%	19,652,000.00
Shen Jindong	Domestic natural person	3.44%	19,652,000.00	14,739,000.00
CCB - Guotai Health Equity Investment Fund	Others	2.42%	13,829,755.00
National Social Security Fund Portfolio 103	Others	2.28%	12,986,489.00
ICBC - GF Steady Growth Securities Investment Fund	Others	2.07%	11,800,000.00
Taiping Life Insurance Company Limited - Traditional - General Insurance Product - 022L- CT001 SZ	Others	1.88%	10,743,280.00
National Social Security Fund Portfolio 115	Others	1.63%	9,300,000.00
Hong Kong Securities Clearing Co., Ltd.	Foreign legal person	1.63%	9,296,108.00
National Social Security Fund Portfolio 118	Others	1.54%	8,812,199.00
Top 10 shareholders not subject to selling restrictions
Name of shareholder	Number of unrestricted shares	Type of shares
		Type of shares	Quantity
Xie Bingzheng	54,042,700.00	RMB- denomin	54,042,700.00

		ated ordinary shares
Feng Lingling	19,652,000.00	RMB- denomin ated ordinary shares	19,652,000.00
CCB - Guotai Health Equity Investment Fund	13,829,755.00	RMB- denomin ated ordinary shares	13,829,755.00
National Social Security Fund Portfolio 103	12,986,489.00	RMB- denomin ated ordinary shares	12,986,489.00
ICBC - GF Steady Growth Securities Investment Fund	11,800,000.00	RMB- denomin ated ordinary shares	11,800,000.00
Taiping Life Insurance Company Limited - Traditional - General Insurance Product - 022L-CT001 SZ	10,743,280.00	RMB- denomin ated ordinary shares	10,743,280.00
National Social Security Fund Portfolio 115	9,300,000.00	RMB- denomin ated ordinary shares	9,300,000.00
Hong Kong Securities Clearing Co., Ltd.	9,296,108.00	RMB- denomin ated ordinary shares	9,296,108.00
National Social Security Fund Portfolio 118	8,812,199.00	RMB- denomin ated ordinary shares	8,812,199.00
China Merchants Bank Co., Ltd. - Guotai Advantage Hybrid Securities Investment Fund	8,192,910.00	RMB- denomin ated ordinary shares	8,192,910.00
Description on the related relationship or persons acting-in-concert arrangements among the above shareholders	Xie Bingzheng and Feng Lingling, as husband and wife, are persons acting in concert. It is unknown to the Company whether other shareholders are related parties or persons acting in concert as stipulated in the Administrative Measures on Acquisition of Listed Companies.
Description on the top 10 shareholders’ participation in margin trading and securities lending business (if any)	None

(II) Total number of preferred shareholders and shareholdings of top 10 preferred shareholders □ Applicable ?Not applicable
III. Other Significant Matters
?Applicable □ Not applicable
During the reporting period, Guangzhou Houde Zaiwu Industrial Investment Fund Partnership (Limited Partnership), a partnership
company in which the Company holds 99.86% of equities, invested €57 million and €38 million, respectively, into its wholly-
owned subsidiaries Hong Kong Carritt Limited (hereinafter referred to as “Carritt”) and Hong Kong Plentiful Shiny Limited
(hereinafter referred to as “Plentiful Shiny”). Afterwards, Carritt acquired 100% equities of Cerruti Investment Pte. Ltd, a
Singaporean company held by Trinity Fashions Limited, and 100% equities of Cerruti 1881, a French company held by Toga
Investments France, at a total price of €57 million; Plentiful Shiny acquired all the equities of LiFung Trinity Management
(Singapore) Pte. Ltd., a Singaporean company held by Trinity Services Holdings Limited, at a price of €38 million. As a result, the
Company indirectly acquired the global trademark ownership of the luxury brands “CERRUTI 1881” and “KENT&CURWEN”
owned by the aforementioned target companies (hereinafter referred to as the “Acquisition”). Carritt and Plentiful Shiny have
signed the equity acquisition agreements under this Acquisition with relevant counterparties. For details, please refer to the
Announcement on Foreign Investment and Acquisition of Overseas Assets disclosed by the Company (Announcement No. 2023-
009).
As of the disclosure date of this report, the relevant parties are handling procedures relating to the Acquisition.
IV. Quarterly Financial Statements
(I) Financial statements
1. Consolidated balance sheet
Prepared by: BIEM.L.FDLKK Garment Co., Ltd.
March 31, 2023
Unit: RMB

Item	Balance at the end of the period	Balance at the beginning of the period
Current assets:
Monetary funds	2,292,609,362.29	1,144,693,949.57
Settlement reserve
Lending funds
Financial assets held for trading	701,715,972.22	1,378,756,798.87
Derivative financial assets
Notes receivable
Accounts receivable	314,416,157.31	252,544,886.96
Accounts receivable financing
Prepayments	22,643,115.64	28,272,902.29
Premiums receivable
Reinsurance premiums receivable
Reinsurance contract reserves receivable
Other receivables	76,975,543.23	72,134,856.39
Including: Interests receivable
Dividends receivable
Financial assets purchased under agreements to resell
Inventory	652,798,044.35	745,605,174.25
Contract assets
Assets held for sale	146,768,886.69	137,859,613.49
Non-current assets due within one year
Other current assets	315,850,351.33	364,286,702.97
Total current assets	4,523,777,433.06	4,124,154,884.79
Non-current assets:
Loans and advances
Debt investments
Other debt investments
Long-term receivables
Long-term equity investments
Investment in other equity instruments	10,499,383.76	10,499,383.76
Other non-current financial assets
Investment properties
Property, plant and equipment	448,554,998.66	461,506,954.62
Construction in progress	75,848,832.78	70,114,185.76
Productive biological assets
Oil & gas assets
Right-of-use assets	279,494,494.60	332,568,088.84
Intangible assets	339,252,969.78	129,012,724.85
Development expenses
Goodwill
Long-term deferred expenses	109,365,603.07	111,489,073.31
Deferred tax assets	99,205,638.47	110,006,149.99
Other non-current assets		229,534,475.56
Total non-current assets	1,362,221,921.12	1,454,731,036.69
Total assets	5,885,999,354.18	5,578,885,921.48
Current liabilities:
Short-term loans
Borrowings from central bank
Placements from banks and other financial institutions
Financial liabilities held for trading
Derivative financial liabilities
Notes payable	31,980,023.19	46,482,171.48
Accounts payable	232,394,934.67	184,779,174.92
Prepayments
Contract liabilities	150,814,721.71	168,876,645.17
Financial assets sold under agreements to repurchase
Deposits from customers and interbank
Funds from securities trading agency
Funds from securities underwriting agency
Employee benefits payable	86,556,318.43	65,774,838.19
Taxes payable	205,630,561.11	170,728,526.54
Other payables	112,652,472.63	90,368,389.42
Including: Interests payable
Dividends payable
Service charges and commissions payable
Reinsurance premiums payable
Liabilities held for sale	314,601.00	1,408,760.31
Non-current liabilities due within one year	184,553,239.29	201,658,095.27
Other current liabilities	295,444,494.31	335,666,660.59
Total current liabilities	1,300,341,366.34	1,265,743,261.89
Non-current liabilities:
Insurance contract reserves
Long-term loans
Bonds payable
Including: Preference shares
Perpetual bonds
Lease liabilities	112,425,408.20	141,295,857.16
Long-term payables
Long-term employee benefits payable
Provision
Deferred income	29,625,000.00	30,000,000.00
Deferred tax liabilities	10,363,326.05	10,363,326.05
Other non-current liabilities
Total non-current liabilities	152,413,734.25	181,659,183.21
Total liabilities	1,452,755,100.59	1,447,402,445.10
Owner's equity:
Share capital	570,707,084.00	570,707,084.00
Other equity instruments
Including: Preference shares
Perpetual bonds
Capital reserve	893,544,757.34	893,544,757.34
Less: Treasury shares
Other comprehensive income	41,433,816.28	41,433,816.28
Special reserves
Surplus reserves	285,353,542.00	285,353,542.00
General risk reserves
Retained earnings	2,639,659,752.15	2,338,994,313.31
Total equity attributable to owners of the parent company	4,430,698,951.77	4,130,033,512.93
Equities of minority shareholders	2,545,301.82	1,449,963.45
Total owner's equity	4,433,244,253.59	4,131,483,476.38
Total liabilities and owners' equity	5,885,999,354.18	5,578,885,921.48

Legal representative: Xie Bingzheng Person in charge of accounting: Tang Xinqiao Person in charge of accounting
department: Chen Zhihui
2. Consolidated income statement
Unit: RMB

Item	Amount incurred in the current period	Amount incurred in the prior period
I. Total Revenue	1,078,874,765.84	810,420,572.37
Including: Revenue	1,078,874,765.84	810,420,572.37
Interest income
Insurance premiums earned
Service charge and commission income
II. Costs and Expenses	706,214,684.41	552,546,551.89
Including: Cost of revenue	262,016,878.58	198,651,846.91
Interest expense
Service charge and
commission expense
Surrender value
Net benefit payments
Net insurance liability reserves
Policy dividends
Reinsurance expenses
Taxes and surcharges	8,169,329.81	7,706,269.83
Selling expenses	358,686,987.98	280,295,330.40
Administrative expenses	52,672,457.43	43,648,121.41
R&D expenses	32,878,194.24	25,321,135.44
Finance expenses	-8,209,163.63	-3,076,152.10
Including: Interest fees	3,564,743.99	5,972,669.50
Interest income	11,484,485.82	9,623,041.08
Plus: Other income	6,213,890.76	5,122,808.74
Return on investment ("-" indicates loss)	9,140,629.73	9,457,859.81
Including: Return on investment in associates and joint ventures
Income from the derecognition of financial assets measured at amortized cost
Exchange gains ("-" indicates loss)
Gains from net exposure hedging ("-" indicates loss)
Gains from changes in fair value ("-" indicates loss)	428,883.18
Credit impairment losses ("-" indicates loss)
Asset impairment losses ("-" indicates loss)	-20,210,680.00	-11,685,476.98
Gains on disposal of assets ("-" indicates loss)
III. Operating Profit ("-" indicates loss)	368,232,805.10	260,769,212.05
Plus: Non-operating revenue	443,921.67	28,333.04
Less: Non-operating expenses	450,205.72	1,022,979.96
IV. Total Profit ("-" indicates total loss)	368,226,521.05	259,774,565.13
Less: Income tax expense	67,565,743.84	47,081,807.86
V. Net Profit ("-" indicates net loss)	300,660,777.21	212,692,757.27
i. Classified by operation sustainability
1. Net profit from continued operation ("-" indicates net loss)	300,660,777.21	212,692,757.27
2. Net profit from discontinued operation ("-" indicates net loss)
ii. Classified by attribution of ownership
1. Net profit attributable to owners of the parent company	300,665,438.83	212,692,757.27
2. Minority shareholders' profits and losses	-4,661.62
VI. Net Amount of Other Comprehensive Income after Tax
Total other comprehensive after-tax net income attributable to owners of the parent company
i. Other comprehensive income that cannot be reclassified into profit or loss
1. Changes in remeasurement of defined benefit plan
2. Other comprehensive income that cannot be transferred into profit or loss under equity method
3. Changes in fair value of other debt investments
4. Changes in fair value of credit risk of the enterprise
5. Others
ii. Other comprehensive income reclassified into profit or loss
1. Other comprehensive income to be transferred into profit or loss under equity method
2. Changes in fair value of other debt investments
3. Financial assets reclassified into other comprehensive income
4. Provision for credit impairment of other debt investments
5. Reserve of cash flow hedge
6. Converted difference in foreign currency financial statements
7. Others
Total other comprehensive after-tax net income attributable to minority shareholders
VII. Total Comprehensive Income	300,660,777.21	212,692,757.27
Total comprehensive income attributable to owners of the parent company	300,665,438.83	212,692,757.27
Total comprehensive income attributable to minority shareholders	-4,661.62
VIII. Earnings per Share:
i. Basic earnings per share	0.53	0.38
ii. Diluted earnings per share	0.53	0.38

Legal representative: Xie Bingzheng Person in charge of accounting: Tang Xinqiao Person in charge of accounting
department: Chen Zhihui
3. Consolidated cash flow statement
Unit: RMB

Item	Amount incurred in the current period	Amount incurred in the prior period
I. Cash Flows from Operating Activities:
Cash received from sale of goods or rendering of services	930,454,287.30	884,641,760.13
Net increase in deposits from customers, banks and non-bank financial
institutions
Net increase in borrowings from central bank
Net increase in placements from other financial institutions
Cash received from premiums of direct insurance contracts
Net cash from reinsurance business
Net increase in policyholder deposits and investment funds
Cash received from interests, service charges and commissions
Net increase in placements from banks and other financial institutions
Net increase in repo service fund
Net cash from agent securities trading
Tax rebates
Cash received related to other operating activities	24,187,763.85	10,221,029.37
Subtotal of cash inflow from operating activities	954,642,051.15	894,862,789.50
Cash paid for goods purchased and services rendered	174,439,825.93	171,391,319.33
Net loans and advances to customers
Net increase in deposits with the central bank, banks and non-bank financial institutions
Cash paid for claims of direct insurance contracts
Net increase in placements with banks and non-bank financial institutions
Cash paid for interests, fees and commissions
Cash paid for policy dividends
Cash paid to and on behalf of employees	112,575,227.75	102,483,386.38
Tax payments	89,468,565.59	86,040,615.85
Cash paid related to other operating activities	71,192,309.63	68,339,627.28
Subtotal of cash outflow from operating activities	447,675,928.90	428,254,948.84
Net cash flows from operating activities	506,966,122.25	466,607,840.66
II. Cash Flows from Investing Activities:
Cash received from recovery of investment
Cash received from return on investments	114,255,535.45	11,560,852.45
Net cash received from the disposal of property, plant and equipment, intangible assets, and other long-lived assets
Net cash received from the disposal of subsidiaries and other business entities
Cash received related to other	1,393,681,040.69	1,380,000,000.00
investing activities
Subtotal of cash inflow from investing activities	1,507,936,576.14	1,391,560,852.45
Cash paid for the acquisition and construction of property, plant and equipment, intangible assets, and other long-lived assets	77,465,364.40	94,444,318.49
Cash paid for investments	10,000,000.00
Net increase in pledged loans
Net cash paid for acquisition of subsidiaries and other business entities
Cash paid related to other investing activities	755,000,000.00	1,580,000,000.00
Subtotal of cash outflow from investing activities	842,465,364.40	1,674,444,318.49
Net cash flows from investing activities	665,471,211.74	-282,883,466.04
III. Cash Flows from Financing Activities:
Cash received from capital contribution	1,100,000.00
Including: Proceeds received by subsidiaries from minority shareholders' investment
Cash received from borrowings
Cash received related to other financing activities
Subtotal of cash inflow from financing activities	1,100,000.00
Cash paid for repayments of borrowings
Cash paid for interest expenses and distribution of dividends or profits
Including: Dividend and profit paid by subsidiaries to minority shareholders
Cash paid related to other financing activities	14,567,684.65	35,496,927.12
Subtotal of cash outflow from financing activities	14,567,684.65	35,496,927.12
Net cash flows from financing activities	-13,467,684.65	-35,496,927.12
IV. Effect of Exchange Rate Changes on Cash and Cash Equivalents
V. Net Increase in Cash and Cash Equivalents	1,158,969,649.34	148,227,447.50
Plus: Opening balance of cash and cash equivalents	1,099,091,515.33	1,058,018,706.05
VI. Closing Balance of Cash and Cash Equivalents	2,258,061,164.67	1,206,246,153.55

(II) Report auditing （未完）