[三季报]老板电器(002508):2023年第三季度报告（英文版）
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时间：2023年10月30日 18:44:21 中财网 |
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原标题:老板电器:2023年第三季度报告（英文版）
Stock code: 002508 Stock name: Robam Appliances Announcement No.: 2023-049 Hangzhou Robam Appliances Co., Ltd.
Q3 2023 Report
Hangzhou Robam Appliances Co., Ltd. (the Company) and all members of its Board of Directors
hereby guarantee that there are no false representations, misleading statements or material omissions in this
Quarterly Report (“the Report”), and the information contained herein is authentic, accurate and complete.Important Notes
1. The Board of Directors, the Board of Supervisors, as well as the directors, supervisors and senior
management of the Company hereby guarantee that there are no false representations, misleading statements
or material omissions in the Report, and are severally and jointly liable for the authenticity, accuracy and
completeness of the information contained herein.
2. The head of the Company, the person in charge of the Company’s accounting and the head of the accounting
department (the accountant in charge) hereby declare and warrant that the financial report contained in the
Report is authentic, accurate, and complete.
3. Whether the Q3 report has been audited？
□ Yes ? No
I. Key Financial Data
(I) Key Accounting Data and Financial Indicators
Whether the Company needs to retroactively adjust or restate the accounting data of previous years?
□ Yes ? No
| | The reporting period | YoY change | From the beginning of
the year to the end of the
reporting period | YoY change | | Operating income (RMB) | 2,998,449,763.72 | 7.37% | 7,933,319,563.87 | 9.62% | | Net profit attributable to
shareholders of the listed
company (RMB) | 543,262,685.56 | 6.53% | 1,372,981,036.25 | 11.31% | | Net profit attributable to
shareholders of the listed
company after deducting
non-recurring gains/losses
(RMB) | 536,650,325.70 | 8.07% | 1,283,342,303.07 | 13.33% | | Net cash flow from
operating activities (RMB) | — | — | 1,394,577,576.86 | 18.46% | | Basic earnings per share
(EPS) (RMB/share) | 0.58 | 7.41% | 1.45 | 11.54% | | Diluted EPS (RMB/share) | 0.58 | 7.41% | 1.45 | 11.54% | | Weighted average return
on net assets | 5.24% | Reduced by 0.34 per
centage point | 13.45% | Reduced by 0.13 perc
entage point | | | End of the reporting
period | End of last year | Change | | | Total assets (RMB) | 15,960,765,016.17 | 15,039,825,287.53 | 6.12% | | | Owner's equity attributable
to shareholders of listed
company (RMB) | 10,642,489,301.75 | 9,732,463,766.91 | 9.35% | |
(II) Items and Amounts of Non-recurring Gains and Losses
? Applicable □ Not Applicable
In RMB
| Item | Amount in the
reporting period | Amount from the
beginning of the
year to the end of the
reporting period | Description | | Gains and losses on disposal of non-current assets (including the
part written-off with provision for asset impairment accrued) | -1,107,091.61 | -1,684,073.97 | | | Government subsidy included in current gains and losses (except
the government subsidy closely related to the Company’s normal
business, in line with national policy and enjoyed by quota or
ration in accordance with the unified national standard) | 8,895,975.40 | 69,417,181.51 | | | Reversal of provision for separate impairment of accounts
receivable | 4,309,824.22 | 42,866,465.36 | | | Other non-operating revenues and expenses except the above items | -3,949,986.53 | -2,595,637.57 | | | Less: Affected amount of income tax | 1,270,786.03 | 16,794,996.63 | | | Affected amount of minority shareholders’ equity (after tax) | 265,575.58 | 1,570,205.52 | | | Total | 6,612,359.87 | 89,638,733.18 | -- |
Other items of gains and losses meeting the definition of non-recurring gains and losses: ? Applicable ? Not Applicable
The Company does not have other items of gains and losses meeting the definition of non-recurring gains and losses.
Explanation on the circumstance where items of the non-recurring gains and losses listed in the Explanatory Announcement No. 1 on
Information Disclosure for Companies Offering Their Securities to the Public — Non-recurring Gains and Losses (referred to as
“Announcement No.1”) are defined as recurring gains and losses ? Applicable ? Not Applicable
| Item | Amount involved (in RMB) | Description | | VAT exemption and refund | 29,273,458.72 | National tax policies, regular operations | | Personal income tax procedure fee
reimbursement | 684,354.91 | National tax policies, regular operation | | Total | 29,957,813.63 | — |
(III) Changes in Major Accounting Data and Financial Indicators and Their Reasons ? Applicable ? Not Applicable
1. Balance sheet items
At the end of the reporting period, prepayments increased by 23.70% as compared with that at the beginning of the year, mainly due to
the increase in the prepayments for the purchase of raw materials. At the end of the reporting period, other receivables decreased by 28.91% as compared with that at the beginning of the year, mainly
due to the decrease in third-party collection payments.
At the end of the reporting period, long-term equity investment decreased by 23.84% as compared with that at the beginning of the
year, mainly due to the investment losses in joint ventures and affiliated enterprises. At the end of the reporting period, investment in real estate increased by 67.43% as compared with that at the beginning of the year,
mainly due to the increase in the leased factory buildings used by the subsidiary Kinde. At the end of the reporting period, right-of-use assets decreased by 31.59% and lease liabilities decreased by 25.96% as compared with
that at the beginning of the year, mainly due to the complete payment of lease expenses for the current period.
At the end of the reporting period, short-term loans increased by 90.73% as compared with that at the beginning of the year, mainly
due to the increase in the bank loans of Kinde, a subsidiary. At the end of the reporting period, taxes payable increased by 49.47% as compared with that at the beginning of the year, mainly due
to the increase in the income tax and value-added tax.
At the end of the reporting period, the payroll payable decreased by 42.50% as compared with that at the beginning of the year, mainly
due to the completion of the payment of employees’ salaries and bonuses last year.
II. Shareholder Information
(I) Total Number of Common Shareholders and Preferred Shareholders with the Voting Rights Recovered
and Shareholding of the Top 10 Shareholders
Unit: share
| Total number of common shareholders at
the end of the reporting period | 46,650 | Total number of preferred shareholders with the voting
rights recovered at the end of reporting period (if
applicable) | 0 | | | | | Shareholding of the top 10 shareholders | | | | | | | | Name of shareholder | Nature of
shareholder | Shareh
olding
ratio | Number of
shares | Number of
shares subject
to sales
restrictions | Pledged, marked or frozen shares | | | | | | | | Status | Number | | Hangzhou Robam
Industrial Group Co.,
Ltd. | Domestic
non-state-
owned
corporation | 49.68% | 471,510,000 | | | | | Hong Kong Securities
Clearing Company
Limited | Overseas
corporation | 8.03% | 76,228,134 | | | | | TEMASEK
FULLERTON ALPHA
PTE LTD | Overseas
corporation | 1.81% | 17,208,661 | | | | | Shen Guoying | Domestic
natural person | 1.29% | 12,240,000 | | | | | National Social Security
Fund 413 Portfolio | Others | 1.01% | 9,631,700 | | | | | Hangzhou Jinchuang
Investment Co., Ltd. | Domestic
non-state-
owned
corporation | 0.70% | 6,640,085 | | | | | Hangzhou Yinchuang
Investment Co., Ltd. | Domestic
non-state-
owned
corporation | 0.67% | 6,318,000 | | | | | Ren Jianhua | Domestic
natural person | 0.62% | 5,923,150 | 4,442,362 | | | | ICBC Limited - Penghua
Quality Preferred Mixed
Securities Investment
Fund | Others | 0.61% | 5,787,141 | | | | | CITIC Securities Co.,
Ltd. - Social Security
Fund 1106 Portfolio | Others | 0.59% | 5,565,600 | | | | | Shareholdings of the top 10 shareholders not subject to sales restrictions | | | | | | | | Name of shareholder | Number of shares held not subject to sales
restrictions | Type and number of share | | | | | | | | Type of share | Number | | | | | Hangzhou Robam Industrial Group Co.,
Ltd. | 471,510,000 | RMB ordinary
shares | 471,510,000 | | | | | Hong Kong Securities Clearing Company
Limited | 76,228,134 | RMB ordinary
shares | 76,228,134 | | | | | TEMASEK FULLERTON ALPHA PTE
LTD | 17,208,661 | RMB ordinary
shares | 17,208,661 | | | | | Shen Guoying | 12,240,000 | RMB ordinary | 12,240,000 | | | |
| | | shares | | | National Social Security Fund 413
Portfolio | 9,631,700 | RMB ordinary
shares | 9,631,700 | | Hangzhou Jinchuang Investment Co., Ltd. | 6,640,085 | RMB ordinary
shares | 6,640,085 | | Hangzhou Yinchuang Investment Co., Ltd. | 6,318,000 | RMB ordinary
shares | 6,318,000 | | ICBC Limited - Penghua Quality Preferred
Mixed Securities Investment Fund | 5,787,141 | RMB ordinary
shares | 5,787,141 | | CITIC Securities Co., Ltd - Social Security
Fund 1106 Portfolio | 5,565,600 | RMB ordinary
shares | 5,565,600 | | PICC Life Insurance Company Limited－
Traditional - General Insurance Products | 5,517,000 | RMB ordinary
shares | 5,517,000 | | Description of the associated relationship or
consistent actions of the above shareholders | Mr. Ren Jianhua is the actual controller of the controlling shareholder
Hangzhou Robam Industrial Group Co., Ltd. and the shareholder Hangzhou
Jinchuang Investment Co., Ltd.; and the natural person shareholder, Shen
Guoying, is his wife. Therefore, there is a possibility that these
shareholders will act in concert. | | | | Explanation of the participation of the top 10
shareholders in margin trading and securities lending
business (if applicable) | None | | |
(II) Total Number of the Company’s Preferred Shareholders and Shareholding of the Top 10 Preferred
Shareholders
□ Applicable ? Not Applicable
III. Other Significant Matters
□ Applicable ? Not Applicable
IV. Quarterly Financial Statements
(I) Financial Statements
1. Consolidated balance sheet
Prepared by: Hangzhou Robam Appliances Co., Ltd.
September 30, 2023
In RMB
| Item | September 30, 2023 | January 1, 2023 | | Current assets: | | | | Monetary capital | 5,642,064,274.64 | 5,292,762,670.94 | | Deposit reservation for balance | | | | Lendings to banks and other financial
institutions | | | | Financial assets held for trading | 2,912,300,000.00 | 2,511,844,508.00 | | Derivative financial assets | | | | Notes receivable | 976,100,459.51 | 881,773,341.71 | | Accounts receivable | 1,776,786,307.72 | 1,689,606,828.94 | | Accounts receivable financing | | | | Prepayments | 219,566,641.35 | 177,500,353.37 | | Receivable premium | | | | Reinsurance accounts receivable | | | | Provision of cession receivable | | | | Other receivables | 57,174,064.02 | 80,429,057.84 | | Including: Interests receivable | | | | Dividends receivable | | | | Redemptory monetary capital for sale | | | | Inventory | 1,498,601,688.34 | 1,610,110,798.10 | | Contract assets | | | | Assets held for sale | | | | Non-current assets due within one year | | | | Other current assets | 5,149,600.87 | 334,348.76 | | Total current assets | 13,087,743,036.45 | 12,244,361,907.66 | | Non-current assets: | | | | Loans and advances | | | | Debt investment | | | | Other debt investment | | | | Long-term account receivable | | | | Long-term equity investment | 6,640,313.46 | 8,718,505.62 | | Investment in other equity instruments | 2,116,023.22 | 2,116,023.22 | | Other non-current financial assets | | | | Investment real estate | 93,572,954.80 | 55,887,198.54 | | Fixed assets | 1,705,906,480.01 | 1,622,235,227.74 | | Projects under construction | 338,469,136.68 | 406,258,146.69 | | Productive biological assets | | | | Oil and gas assets | | | | Right-of-use assets | 15,201,552.42 | 22,220,144.13 | | Intangible assets | 216,421,436.91 | 221,356,558.38 | | Development expenses | | | | Goodwill | 60,573,832.56 | 60,573,832.56 | | Long-term deferred expenses | 4,692,411.08 | 5,852,899.90 | | Deferred income tax assets | 364,128,817.48 | 340,811,345.96 | | Other non-current assets | 65,299,021.10 | 49,433,497.13 | | Total non-current assets | 2,873,021,979.72 | 2,795,463,379.87 | | Total assets | 15,960,765,016.17 | 15,039,825,287.53 | | Current liabilities: | | | | Short-term loans | 98,653,320.70 | 51,723,429.99 | | Borrowings from the central bank | | | | Borrowings from banks and other
financial institutions | | | | Financial liabilities held for trading | | | | Derivative financial liabilities | | | | Notes payable | 907,242,903.32 | 872,550,306.86 | | Accounts payable | 2,495,008,240.97 | 2,418,755,167.31 | | Advance receipts | | | | Contract liabilities | 828,417,020.81 | 959,915,567.03 | | Financial assets sold for repurchase | | | | Deposits from customers and
interbank | | | | Receivings from vicariously traded
securities | | | | Receivings from vicariously sold
securities | | | | Payroll payable | 88,513,285.42 | 153,942,329.88 | | Taxes payable | 227,716,523.00 | 152,351,620.58 | | Other payables | 298,195,613.39 | 281,878,208.25 | | Including: Interests payable | | | | Dividends payable | | | | Fees and commissions payable | | | | Dividends payable for reinsurance | | | | Liabilities held for sale | | | | Non-current liabilities due within one
year | 3,230,865.88 | 5,720,175.21 | | Other current liabilities | 107,666,725.12 | 120,126,501.73 | | Total current liabilities | 5,054,644,498.61 | 5,016,963,306.84 | | Non-current liabilities: | | | | Reserves for insurance contracts | | | | Long-term loans | | | | Bonds payable | | | | Including: Preferred shares | | | | Perpetual bonds | | | | Lease liabilities | 13,764,004.53 | 18,588,966.67 | | Long-term accounts payable | | | | Long-term payroll payable | | | | Estimated liabilities | | | | Deferred income | 113,923,958.56 | 123,912,110.43 | | Deferred income tax liabilities | 21,215,883.12 | 22,107,934.58 | | Other non-current liabilities | | | | Total non-current liabilities | 148,903,846.21 | 164,609,011.68 | | Total liabilities | 5,203,548,344.82 | 5,181,572,318.52 | | Owner’s equity: | | | | Capital stock | 949,024,050.00 | 949,024,050.00 | | Other equity instruments | | | | Including: Preferred shares | | | | Perpetual bonds | | | | Capital reserve | 419,089,622.17 | 409,997,665.58 | | Less: treasury share | 199,995,742.59 | 199,995,742.59 | | Other comprehensive income | -100,157,634.16 | -100,157,634.16 | | Special reserves | | | | Surplus reserves | 474,516,412.50 | 474,516,412.50 | | General risk reserves | | | | Undistributed profits | 9,100,012,593.83 | 8,199,079,015.58 | | Total owners’ equity attributable to
parent company | 10,642,489,301.75 | 9,732,463,766.91 | | Minority interests | 114,727,369.60 | 125,789,202.10 | | Total owner’s equity | 10,757,216,671.35 | 9,858,252,969.01 | | Total liabilities and owners’ equity | 15,960,765,016.17 | 15,039,825,287.53 |
Legal representative: Ren Jianhua Person in charge of accounting: Zhang Guofu
Head of the accounting department: Zhang Guofu
2. Consolidated income statement from the beginning of the year to the end of the reporting period In RMB
| Item | Amount of the current period | Amount of the previous period | | I. Total operating income | 7,933,319,563.87 | 7,236,962,805.27 | | Including: Operating income | 7,933,319,563.87 | 7,236,962,805.27 | | Interest income | | | | Earned premium | | | | Fee and commission income | | | | II. Total operating costs | 6,498,916,320.12 | 5,965,479,924.57 | | Including: Operating costs | 3,805,533,766.69 | 3,573,210,065.74 | | Interest expenses | | | | Fee and commission expenses | | | | Surrender value | | | | Net payments for insurance
claims | | | | Net allotment of reserves for
insurance liabilities | | | | Policy dividend expenditures | | | | Reinsurance expenses | | | | Taxes and surcharges | 53,213,630.60 | 42,859,193.20 | | Selling expenses | 2,139,755,936.49 | 1,915,765,604.19 | | Overhead costs | 326,660,700.72 | 294,475,343.69 | | R&D expenses | 279,326,363.45 | 262,231,594.46 | | Financial expenses | -105,574,077.83 | -123,061,876.71 | | Including: Interest expenses | 4,604,050.66 | 1,864,718.80 | | Interest income | 108,569,307.33 | 117,507,053.77 | | Add: other incomes | 99,374,995.14 | 118,257,023.22 | | Investment income (“-” for
losses) | 34,689,912.04 | 51,502,591.29 | | Including: Income from
investment in joint ventures and
affiliated enterprises | -1,730,643.18 | -3,048,212.09 | | Gains on
derecognition of financial assets
measured at amortized cost | | | | Exchange gains (“-” for losses) | | | | Net exposure hedging gains (“-”
for losses) | | | | Gains from changes in fair value
(“-” for losses) | | | | Losses from credit impairment
(“-” for losses) | 42,031,011.45 | -12,024,378.87 | | Losses from asset impairment
(“-” for losses) | 8,547,180.72 | 24,056,013.60 | | Gains on disposal of assets (“-”
for losses) | -1,683,400.02 | -90,580.30 | | III. Operating profits (“-” for losses) | 1,617,362,943.08 | 1,453,183,549.64 | | Add: non-operating income | 3,890,738.08 | 2,827,736.31 | | Less: non-operating expenditure | 6,487,049.60 | 1,949,873.23 | | IV. Total profits (“-” for total losses) | 1,614,766,631.56 | 1,454,061,412.72 | | Less: income tax expenses | 252,847,427.81 | 221,274,382.25 | | V. Net profits (“-” for net losses) | 1,361,919,203.75 | 1,232,787,030.47 | | (I) By operational sustainability | | | | 1. Net profits from continuing
operations (“-” for net losses) | 1,361,919,203.75 | 1,232,787,030.47 | | 2. Net profits from discontinued
operations (“-” for net losses) | | | | (II) By ownership | | | | 1. Net profits attributable to the | 1,372,981,036.25 | 1,233,529,752.34 | | shareholders of parent company (“-” for
net losses) | | | | 2. Minority shareholders' gains and
losses (“-” for net losses) | -11,061,832.50 | -742,721.87 | | VI. After-tax net amount of other
comprehensive income | | | | After-tax net amount of other
comprehensive income attributable to the
owners of parent company | | | | (I) Other comprehensive income
that cannot be reclassified into gains and
losses | | | | 1. Changes in re-measured and
defined benefit plans | | | | 2. Other comprehensive income
which cannot be transferred to gains or
losses under the equity method | | | | 3. Changes in fair value of the
investment in other equity instruments | | | | 4. Changes in fair value of the
credit risk of the Company | | | | 5. Others | | | | (II) Other comprehensive income
which will be reclassified into gains and
losses | | | | 1. Other comprehensive income
which can be transferred into gains and
losses under the equity method | | | | 2. Changes in fair value of other
debt investments | | | | 3. Amount of financial assets
reclassified into other comprehensive
income | | | | 4. Provision for credit impairment
of other debt investments | | | | 5. Cash flow hedge reserve | | | | 6. Converted difference in foreign
currency statements | | | | 7. Others | | | | After-tax net amount of other
comprehensive income attributable to
minority shareholders | | | | VII. Total comprehensive income | 1,361,919,203.75 | 1,232,787,030.47 | | (I) Total comprehensive income
attributable to the owners of parent
company | 1,372,981,036.25 | 1,233,529,752.34 | | (II) Total comprehensive income
attributable to minority shareholders | -11,061,832.50 | -742,721.87 | | VIII. Earnings per share (EPS): | | | | (I) Basic EPS | 1.45 | 1.30 | | (II) Diluted EPS | 1.45 | 1.30 |
Legal representative: Ren Jianhua Person in charge of accounting: Zhang Guofu
Head of the accounting department: Zhang Guofu
3. Consolidated cash flow statement from the beginning of the year to the end of the reporting period
In RMB
| Item | Amount of the current period | Amount of the previous period | | I. Cash flow from operating activities: | | | | Cash received for the sale of goods
and rendering of services | 8,497,222,426.53 | 8,031,812,929.93 | | Net increase in clients’ deposits and
deposits from banks and other financial
institutions | | | | Net increase in borrowings from the
central bank | | | | Net increase in borrowings from
other financial institutions | | | | Cash received from receiving
insurance premium of the original
insurance contract | | | | Net cash from receiving reinsurance
premium | | | | Net increase in deposits and
investment of insured persons | | | | Cash received from interests, fees and
commissions | | | | Net increase in borrowed funds | | | | Net increase in repurchase business
funds | | | | Net cash received from vicariously
traded securities | | | | Refunds of taxes | 30,246,149.17 | 38,162,435.78 | | Cash received related to other
operating activities | 220,282,103.32 | 265,142,174.84 | | Subtotal of cash inflow from the
operating activities | 8,747,750,679.02 | 8,335,117,540.55 | | Cash paid for purchased products and
received services | 3,904,549,806.71 | 3,938,478,765.23 | | Net increase in loans and advances to
customers | | | | Net increase in deposits with the
central bank and other financial
institutions | | | | Cash paid for claims of original
insurance contract | | | | Net increase in lending funds | | | | Cash paid for interests, fees and
commissions | | | | Cash paid for policy dividends | | | | Cash paid to and on behalf of
employees | 781,249,979.73 | 735,694,008.12 | | Cash paid for taxes | 702,313,359.46 | 629,048,914.31 | | Cash paid related to other operating
activities | 1,965,059,956.26 | 1,854,665,146.35 | | Subtotal of cash outflow from operating
activities | 7,353,173,102.16 | 7,157,886,834.01 | | Net cash flow from operating activities | 1,394,577,576.86 | 1,177,230,706.54 | | II. Cash flow from investing activities: | | | | Cash received from return of
investments | 1,311,844,508.00 | 1,617,712,500.00 | | Cash received from return on
investments | 36,813,951.62 | 55,713,731.22 | | Net cash received from the disposal of
fixed assets, intangible assets and other
long-term assets | 385,481.33 | 1,031,370.40 | | Net cash received from disposal of
subsidiaries and other business entities | | | | Cashes received related to other
investment activities | | | | Subtotal of cash inflow from investment
activities | 1,349,043,940.95 | 1,674,457,601.62 | | Cash paid for purchase and
construction of fixed assets, intangible
assets and other long-term assets | 261,045,291.01 | 386,052,885.51 | | Cash paid for investments | 1,712,300,000.00 | 1,429,500,000.00 | | Net increase in pledged loans | | | | Net cash from subsidiaries and other
operating entities | | | | Cash paid related to other investment
activities | | | | Subtotal of cash outflow from investment
activities | 1,973,345,291.01 | 1,815,552,885.51 | | Net cash flow from investment activities | -624,301,350.06 | -141,095,283.89 | | III. Cash flow from financing activities: | | | | Cash from acquiring investments | | 11,000,000.00 | | Including: Cash received by
subsidiaries from investments of
minority shareholders | | 11,000,000.00 | | Cash from acquiring debts | 77,000,000.00 | 66,000,000.00 | | Other cashes received in relation to
financing activities | 13,510,296.65 | 1,012,732.06 | | Subtotal of cash inflow from financing
activities | 90,510,296.65 | 78,012,732.06 | | Cash paid for repayments of debts | 43,500,000.00 | 23,500,000.00 | | Cash paid for distribution of
dividends, profits or interest expenses | 472,051,329.00 | 481,842,468.46 | | Including: Dividends or profits paid
by subsidiaries to minority shareholders | | 9,555,200.00 | | Other cashes paid in relation to
financing activities | 4,983,858.67 | 9,152,571.47 | | Subtotal of cash outflow from financing
activities | 520,535,187.67 | 514,495,039.93 | | Net cash flow from financing activities | -430,024,891.02 | -436,482,307.87 | | IV. Effect of change in exchange rate on
cash and cash equivalents | 2,026,181.05 | 6,795,553.67 | | V. Net increase in cash and cash
equivalents | 342,277,516.83 | 606,448,668.45 | | Add: Opening balance of cash and
cash equivalents | 5,196,414,341.74 | 3,719,988,820.35 | | VI. Closing balance of cash and cash
equivalents | 5,538,691,858.57 | 4,326,437,488.80 |
(II) Adjustments Related to the First-Time Implementation of the New Accounting Standards in the Financial Statements at the Beginning of the Year for the First Time from 2023 □ Applicable ? Not Applicable （未完）
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