[一季报]老板电器(002508):2024年第一季度报告(英文版）
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时间：2024年05月08日 15:51:03 中财网 |
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原标题: 老板电器:2024年第一季度报告(英文版）
The Company and all members of the Board of Directors guarantee that the information disclosed is authentic, accurate and
complete, and that there is no false record, misleading statement or material omission.Important:
1. The board of directors, the board of supervisors and the directors, supervisors and senior management of the Company
guarantee that the quarterly report are authentic, accurate and complete, free from false records, misleading statements or
major omissions, and bear individual and joint legal liabilities. 2. The head of the Company, the head of accounting work, and the head of accounting body (accountant in charge), guarantee
the authenticity, accuracy and completeness of the financial information in the quarterly report. 3. Whether the first quarter report has been audited
□ Yes ?No
| | This reporting period | Amount for corresponding
period last year | Increase/decrease in this
reporting period as compared to
the previous year | | Operating income (yuan) | 2,237,194,615.74 | 2,177,271,694.59 | 2.75% | | Net profits attributable to
shareholders of listed
companies (yuan) | 398,415,708.31 | 388,734,141.35 | 2.49% | | Net profits attributable to
shareholders of the listed
company after deduction of
non-recurring profits and losses
(yuan) | 352,836,284.84 | 341,448,848.17 | 3.34% | | Net cash flow from operating
activities (yuan) | 54,887,609.62 | 181,762,454.94 | -69.80% | | Basic EPS (yuan/share) | 0.42 | 0.41 | 2.44% | | Diluted EPS (yuan/share) | 0.42 | 0.41 | 2.44% | | Weighted average return on net
assets | 3.72% | 3.92% | Decreased by 0.2% | | | End of the reporting period | End of previous year | Increase/decrease at the end of
this reporting period as
compared to the end of the
previous year | | Total assets (yuan) | 15,689,511,406.14 | 16,779,531,315.72 | -6.50% | | Owner's equity attributable to
shareholders of listed
companies (yuan) | 10,925,204,458.54 | 10,522,938,731.68 | 3.82% |
(II) Non-recurring Profit and Loss Items and Amount
? Applicable □ Not applicable
Unit: yuan
| Item | Amounts for the reporting period | Description | | Profits and losses on the disposal of non-
current assets (including the write-off of
the provision for asset impairment) | -203,869.89 | | | Government subsidies included into
current profits and losses (except those
government subsidies that are closely
related to normal business of the Company,
comply with national policies and
regulations, enjoyed according to defined
criteria, and have an ongoing impact on the
Company's profit or loss) | 33,962,790.08 | | | Reversal of impairment provision for
receivables subject to separate impairment
test | 21,295,920.58 | | | Income and expenditure other than those
mentioned above | -375,595.39 | | | Minus: Amount affected by income tax | 8,289,282.35 | | | Amount of minority shareholders'
equity affected (after tax) | 810,539.56 | | | Total | 45,579,423.47 | -- | | Item | Amount involved (yuan) | Cause | | VAT exemption or reduction or refund | 8,834,981.34 | National tax policies, recurring business | | Individual income tax service charge
refund | 535,037.45 | National tax policies, recurring business |
(III) Changes in major accounting data and financial indicators and the reasons therefor ? Applicable □ Not applicable
1. Balance sheet items
At the end of the reporting period, monetary funds increased by 21.11% as compared to the beginning of the year, which was
mainly due to the maturity of holding bank time deposit plan and classified into other current assets and other non-current assets
according to accounting standards.
At the end of the reporting period, notes receivable decreased by 42.06% as compared to the beginning of the year, which was
mainly due to the redemption of notes at maturity.
At the end of the reporting period, other current assets increased by 29.82% as compared to the beginning of the year, which was
mainly due to the maturity of holding bank time deposit plan and classified into other current assets according to accounting
standards.
At the end of the reporting period, other non-current assets decreased by 43.80% as compared to the beginning of the year, which
was due to the withdrawal of time deposits over one year at maturity. At the end of the reporting period, contract liabilities decreased by 34.34% as compared to the beginning of the year, which was
mainly due to the decrease in advance from customers.
At the end of the reporting period, the payroll payable decreased by 81.87% as compared to the beginning of the year, which was
mainly due to the completion of 2023 annual bonus payment.
At the end of the reporting period, other payables decreased by 58.11% as compared to the beginning of the year, which was
mainly due to the completion of special dividend for the first quarter of 2024. 2. Cash flow statement items
During the reporting period, the net cash flow from operating activities decreased by 69.80% as compared to the same period of
last year, which was mainly due to the increase in purchase of goods and payment of salaries. During the reporting period, the net cash flow from investment activities decreased by 98.32% as compared to the same period of
last year, which was mainly due to the adjustments made in accordance with accounting policies. During the reporting period, the net cash flow from financing activities decreased by 2414.85% as compared to the same period of
last year, which was mainly due to the payment of special dividend. II. Shareholder Information
(I) Total number of common shareholders and preferred shareholders with voting rights restored, and shareholdings of the top ten shareholders
Unit: share
| Total number of common shareholders at
the end of the reporting period (person) | 51,077 | Total number of preferred shareholders with voting
rights restored at the end of the reporting period (if
any) | 0 | | | | | | Shareholding | s of top 10 shar | holders (excluding sh | res lent through re | financing) | | | Shareholder's name | Shareholder nature | Shareholding
ratio (%) | Number of shares
held | Number of
shares held with | Pledg | e, mark or freeze | | | | | | | Status of | Quantity | | | | | | limited sales
conditions | shares | | | Hangzhou Robam
Industrial Group Co.,
Ltd. | Domestic non-state
legal person | 49.68 | 471,510,000.00 | 0.00 | Not
applicable | 0.00 | | Hong Kong
Securities Clearing
Company Ltd. | Overseas legal
person | 8.31 | 78,875,983.00 | 0.00 | Not
applicable | 0.00 | | TEMASEK
FULLERTON
ALPHA PTE LTD | Overseas legal
person | 1.79 | 16,950,061.00 | 0.00 | Not
applicable | 0.00 | | China Merchants
Bank Co. Ltd.－
BOCOM Schroder
New Growth Hybrid
Securities Investment
Fund | Other | 1.51 | 14,310,684.00 | 0.00 | Not
applicable | 0.00 | | National Social
Security Fund 413
Portfolio | Other | 1.36 | 12,902,204.00 | 0.00 | Not
applicable | 0.00 | | Shen Guoying | Domestic natural
person | 1.29 | 12,240,000.00 | 0.00 | Not
applicable | 0.00 | | Hangzhou Jinchuang
Investment Co., Ltd. | Domestic non-state
legal person | 0.70 | 6,640,085.00 | 0.00 | Not
applicable | 0.00 | | Hangzhou
Yinchuang
Investment Co., Ltd. | Domestic non-state
legal person | 0.67 | 6,318,000.00 | 0.00 | Not
applicable | 0.00 | | Ren Jianhua | Domestic natural
person | 0.62 | 5,923,150.00 | 4,442,362.00 | Not
applicable | 0.00 | | Industrial and
Commercial Bank of
China Limited－
Penghua selects
hybrid securities
investment funds
with ingenuity | Other | 0.61 | 5,787,141.00 | 0.00 | Not
applicable | 0.00 | | Shareh | olding of top 10 shareholders with unlimited sales condit | ions | | | | | | Shareholder's name | Number of shares held with unlimited sales conditions | | Share type | | | | | | | Share type | Quantity | | | | | Hangzhou Robam Industrial Group Co.,
Ltd. | 471,510,000.00 | RMB
common
share | 471,510,000.00 | | | | | Hong Kong Securities Clearing Company
Ltd. | 78,875,983.00 | RMB
common
share | 78,875,983.00 | | | | | TEMASEK FULLERTON ALPHA PTE
LTD | 16,950,061.00 | RMB
common
share | 16,950,061.00 | | | | | China Merchants Bank Co. Ltd.－ BOCOM
Schroder New Growth Hybrid Securities
Investment Fund | 14,310,684.00 | RMB
common
share | 14,310,684.00 | | | | | National Social Security Fund 413 Portfolio | 12,902,204.00 | RMB
common
share | 12,902,204.00 | | | | | Shen Guoying | 12,240,000.00 | RMB
common
share | 12,240,000.00 | | | | | Hangzhou Jinchuang Investment Co., Ltd. | 6,640,085.00 | RMB
common
share | 6,640,085.00 | | | |
| Hangzhou Yinchuang Investment Co., Ltd. | 6,318,000.00 | RMB
common
share | 6,318,000.00 | | Industrial and Commercial Bank of China
Limited－Penghua selects hybrid securities
investment funds with ingenuity | 5,787,141.00 | RMB
common
share | 5,787,141.00 | | Agricultural Bank of China Limited -
CSI500 Index Open-ended Fund | 5,554,000.00 | RMB
common
share | 5,554,000.00 | | Description of the above-mentioned shareholder
association or concerted action | The actual controller of the Company's controlling shareholder Hangzhou
ROBAM Industrial Group Co., Ltd. and the shareholder Hangzhou Jinchuang
Investment Co., Ltd. is Mr. Ren Jianhua, and the natural person shareholder Shen
Guoying is the wife of Ren Jianhua. The above shareholders have the possibility of
acting in unison. | | | | Securities margin trading business attended by top 10
shareholders (if any) | N/A | | |
Lending of shares by shareholders holding more than 5% shares, top 10 shareholders or top 10 public shareholders with unlimited
sales conditions in the refinancing business
□ Applicable ? Not applicable
Change in the lending/return of shares by top 10 shareholders or top 10 public shareholders with unlimited sales conditions in the
refinancing business as compared to the previous period
□ Applicable ? Not applicable
(II) Total number of preferred shareholders and the top 10 preferred shareholders' shareholdings of the Company
□ Applicable ? Not applicable
III. Other Important Matters
□ Applicable ? Not applicable
IV. Quarterly Financial Statements
(I) Financial statements
1. Consolidated Balance Sheet
Unit: Hangzhou ROBAM Appliances Co., Ltd.
March 31, 2024
Unit: yuan
| Item | Ending balance | Beginning balance | | Current assets: | | | | Monetary capital | 1,565,945,383.85 | 1,985,050,745.11 | | Deposit reservation for balance | | | | Lending funds | | | | Trading financial assets | 2,733,502,491.78 | 2,730,000,000.00 | | Derivative financial assets | | | | Notes receivable | 403,458,627.97 | 696,284,931.64 | | Accounts receivable | 1,649,351,522.74 | 1,810,015,596.33 | | Receivables financing | | | | Advances to suppliers | 141,323,188.65 | 139,713,471.58 | | Premiums receivables | | | | Reinsurance accounts receivable | | | | Provision of cession receivable | | | | Other receivables | 66,015,446.29 | 53,368,667.34 | | Item | Ending balance | Beginning balance | | Including: Interest receivable | | | | Dividends receivable | | | | Redemptory monetary capital for sale | | | | Inventory | 1,338,240,649.23 | 1,524,274,720.24 | | Including: data resource | | | | Contract assets | | | | Assets held for sales | | | | Non-current assets due within a year | | | | Other current assets | 3,437,410,792.24 | 2,647,808,620.70 | | Total current assets | 11,335,248,102.75 | 11,586,516,752.94 | | Non-current assets: | | | | Loans and advances | | | | Debt investment | | | | Other debt investments | | | | Long-term receivables | | | | Long-term equity investment | 6,640,336.14 | 8,427,450.24 | | Other equity instrument investments | 2,116,023.22 | 2,116,023.22 | | Other non-current financial assets | 480,000,000.00 | 480,000,000.00 | | Investment properties | 86,019,783.28 | 91,136,832.31 | | Fixed assets | 1,696,825,798.95 | 1,720,724,257.46 | | Construction in progress | 373,109,818.67 | 359,768,699.68 | | Productive biological assets | | | | Oil and gas assets | | | | Right-of-use assets | 12,503,694.30 | 13,802,458.98 | | Intangible assets | 211,036,248.42 | 214,553,739.31 | | Including: data resource | | | | Development expenditure | | | | Including: data resource | | | | Goodwill | 12,223,271.67 | 12,223,271.67 | | Long-term unamortized expenses | 3,827,432.08 | 5,034,659.37 | | Deferred income tax assets | 389,606,216.81 | 362,897,841.89 | | Other non-current assets | 1,080,354,679.85 | 1,922,329,328.65 | | Total non-current assets | 4,354,263,303.39 | 5,193,014,562.78 | | Total assets | 15,689,511,406.14 | 16,779,531,315.72 | | Current liabilities: | | | | Short-term borrowing | 88,503,320.70 | 95,003,320.70 | | Borrowings from central bank | | | | Borrowing funds | | | | Trading financial liabilities | | | | Derivative financial liabilities | | | | Notes payable | 1,124,249,392.19 | 1,098,720,000.58 | | Accounts payable | 1,997,766,497.46 | 2,548,743,762.06 | | Advance from customers | | | | Contract liabilities | 669,667,045.24 | 1,019,942,923.58 | | Financial assets sold for repurchase | | | | Deposits from customers and interbank | | | | Acting trading securities | | | | Acting underwriting securities | | | | Payroll payable | 32,260,104.63 | 177,923,042.01 | | Tax payable | 171,016,573.20 | 154,365,676.80 | | Item | Ending balance | Beginning balance | | Other payables | 316,702,264.04 | 755,964,919.76 | | Including: Interest payable | | | | Dividends payable | | 472,047,458.00 | | Fees and commissions payable | | | | Dividend payable for reinsurance | | | | Liabilities held for sales | | | | Non-current liabilities due within a year | 2,994,011.92 | 4,522,658.42 | | Other current liabilities | 86,683,093.71 | 118,041,351.23 | | Total current liabilities | 4,489,842,303.09 | 5,973,227,655.14 | | Non-current liabilities: | | | | Reserve fund for insurance contracts | | | | Long-term borrowing | | | | Bonds payable | | | | Including: preferred stock | | | | Perpetual bond | | | | Lease liabilities | 10,736,164.72 | 10,750,792.90 | | Long-term payable | | | | Long-term payroll payable | | | | Estimated liabilities | | | | Deferred income | 131,014,766.19 | 136,538,254.74 | | Deferred income tax liabilities | 28,529,802.34 | 28,418,565.01 | | Other non-current liabilities | | | | Total non-current liabilities | 170,280,733.25 | 175,707,612.65 | | Total liabilities | 4,660,123,036.34 | 6,148,935,267.79 | | Owner's equity: | | | | Share capital | 949,024,050.00 | 949,024,050.00 | | Other equity instruments | | | | Including: preferred stock | | | | Perpetual bond | | | | Capital reserve | 415,670,291.73 | 411,778,214.22 | | Minus: treasury stock | 199,995,742.59 | 199,995,742.59 | | Other comprehensive income | -100,199,693.12 | -100,157,634.16 | | Special reserve | | | | Surplus reserves | 474,516,412.50 | 474,516,412.50 | | General risk preparation | | | | Undistributed profit | 9,386,189,140.02 | 8,987,773,431.71 | | Total owners' equities attributable to the
owners of parent company | 10,925,204,458.54 | 10,522,938,731.68 | | Minority equity | 104,183,911.26 | 107,657,316.25 | | Total owners' equities | 11,029,388,369.80 | 10,630,596,047.93 | | Total liabilities and owners' equities | 15,689,511,406.14 | 16,779,531,315.72 |
Legal representative: Ren Jianhua Head of accounting work: Zhang Guofu Head of accounting body: Zhang Guofu
2. Consolidated Statement of Income
Unit: yuan
| Item | Amount incurred in current period | Amount incurred in previous period | | I. Total operating income | 2,237,194,615.74 | 2,177,271,694.59 | | Including: Operating income | 2,237,194,615.74 | 2,177,271,694.59 | | Interest revenue | | | | Premium earned | | | | Item | Amount incurred in current period | Amount incurred in previous period | | Fee and commission income | | | | II. Total operating costs | 1,829,923,364.67 | 1,792,745,740.21 | | Including: Operating costs | 1,104,112,964.04 | 984,337,364.16 | | Interest expenditure | | | | Fee and commission expense | | | | Surrender value | | | | Net payments for insurance
claims | | | | Net reserve fund extracted for
insurance liability | | | | Bond insurance expense | | | | Reinsurance costs | | | | Taxes and surcharges | 14,169,604.86 | 10,857,671.80 | | Selling expenses | 597,805,803.84 | 672,397,550.12 | | Management costs | 95,931,909.79 | 90,902,716.15 | | Research and development
expenses | 69,436,172.91 | 68,509,891.30 | | Financial expenses | -51,533,090.77 | -34,259,453.32 | | Including: interest expenditure | 457,165.23 | 897,315.09 | | Interest revenue | 52,268,972.59 | 34,936,516.43 | | Plus: other incomes | 43,332,808.87 | 46,812,180.81 | | Income from investment (loss expressed
with "-") | -1,775,329.39 | 9,323,093.36 | | Including: Income from investment of
joint venture and cooperative enterprise | -1,787,114.10 | -2,490,700.04 | | Income from derecognition of financial
assets measured at amortized cost | | | | Exchange gain (loss expressed with "-") | | | | Net exposure hedging gain (loss
expressed with "-") | | | | Income from fair value changes (loss
expressed with "-") | | | | Credit impairment losses (loss expressed
with "-") | 17,902,453.99 | 18,167,476.13 | | Assets impairment losses (loss expressed
with "-") | -700,571.35 | | | Income from disposal of assets (loss
expressed with "-") | -203,869.89 | -176,472.71 | | III. Operating profits (loss expressed with
"-") | 465,826,743.30 | 458,652,231.97 | | Plus: Non-operating income | 1,339,617.02 | 1,279,572.02 | | Minus: non-operating expenditure | 1,715,212.41 | 1,181,078.69 | | IV. Total profits (total loss expressed with
"-") | 465,451,147.91 | 458,750,725.30 | | Minus: Income tax expenses | 70,508,844.59 | 71,795,909.91 | | V. Net profits (net loss expressed with "-") | 394,942,303.32 | 386,954,815.39 | | (I) Classified by business continuity | | | | 1. Net profits from going concern (net
loss expressed with "-") | 394,942,303.32 | 386,954,815.39 | | 2. Net profits from discontinuing
operation (net loss expressed with "-") | | | | (II) Classified by ownership | | | | 1. Net owners' profits attributable to the
owners of parent company | 398,415,708.31 | 388,734,141.35 | | Item | Amount incurred in current period | Amount incurred in previous period | | 2. * Minority interest income | -3,473,404.99 | -1,779,325.96 | | VI. VI. Net amount of other
comprehensive income after tax | -42,058.96 | | | Net amount of other comprehensive
income after tax attributed to parent
company owners | -42,058.96 | | | (I) Other comprehensive income that can't
be reclassified into profit and loss | | | | 1. Remeasure the variation of net
indebtedness or net asset of defined
benefit plan | | | | 2. Other comprehensive income that can't
be reclassified into profit and loss in
the invested enterprise under equity
method | | | | 3. Fair value change of other equity
instrument investments | | | | 4. Fair value change of enterprise credit
risks | | | | 5. Other | | | | (II) Other comprehensive income that will
be reclassified into profit and loss | -42,058.96 | | | 1. Other comprehensive income that will
be reclassified into profit and loss in
the invested enterprise under equity
method | | | | 2. Fair value change 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 hedging reserve | | | | 6. Balance arising from the translation of
foreign currency financial statements | -42,058.96 | | | 7. Other | | | | Net amount of other comprehensive
income after tax attributed to minority
shareholders | | | | VII. Total comprehensive income | 394,900,244.36 | 386,954,815.39 | | Total comprehensive income attributed
to parent company owners | 398,373,649.35 | 388,734,141.35 | | Total comprehensive income belonging
to minority shareholders | -3,473,404.99 | -1,779,325.96 | | VIII. Earnings per share: | | | | (I) Basic EPS | 0.42 | 0.41 | | (II) Diluted EPS | 0.42 | 0.41 |
In case of business combination involving enterprises under common control in current period, the net profits achieved by the
merged party before combination were RMB 0.00 and achieved by the merged party in previous period were RMB 0.00.
Legal representative: Ren Jianhua Head of accounting work: Zhang Guofu Head of accounting body: Zhang Guofu
3. Consolidated Statement of Cash Flow
Unit: yuan
| Item | Amount incurred in current period | Amount incurred in previous period | | I. Cash flow from operating activities: | | | | Item | Amount incurred in current period | Amount incurred in previous period | | Cash from selling commodities or
offering labor | 2,537,149,798.98 | 2,493,570,127.22 | | Net increase of customer deposit and
deposit from other banks | | | | Net increase of borrowings from central
bank | | | | Net increase of borrowing funds from
other financial institutions | | | | Cash from obtaining original insurance
contract premium | | | | Cash received from insurance premium
of original insurance contract | | | | Net increase of deposit and investment of
insured | | | | Cash from interest, handling charges and
commissions | | | | Net increase of borrowing funds | | | | Net increase of repurchase of business
funds | | | | Net cash from acting trading securities | | | | Refund of tax and levies | 18,976.37 | 4,092,034.40 | | Other cash received related to operating
activities | 84,400,250.90 | 101,227,450.57 | | Subtotal cash inflows from operating
activities | 2,621,569,026.25 | 2,598,889,612.19 | | Cash paid for selling commodities or
offering labor | 1,436,688,454.79 | 1,325,932,721.72 | | Net increase of customer loans and
advances | | | | Net increase of amount due from central
bank and interbank | | | | Cash paid for original insurance contract
claims payment | | | | Net increase of lending funds | | | | Cash paid for interest, handling charges
and commissions | | | | Cash paid for policy dividend | | | | Cash paid to and for employees | 342,453,569.98 | 300,052,111.20 | | Taxes and fees paid | 182,420,970.84 | 179,634,965.49 | | Other cash paid related to operating
activities | 605,118,421.02 | 611,507,358.84 | | Subtotal cash outflows from operating
activities | 2,566,681,416.63 | 2,417,127,157.25 | | Net cash flow from operating activities | 54,887,609.62 | 181,762,454.94 | | II. Cash flow from investment activities: | | | | Cash from investment withdrawal | 2,687,508.22 | 602,048,171.00 | | Cash from investment income | 12,491.78 | 11,850,513.00 | | Net cash from disposal of fixed assets,
intangible assets and other long-term
assets | | 38,460.00 | | Net cash received from the disposal of
subsidiaries and other business entities | | | | Other cash received related to investment
activities | 1,231,533,434.44 | | | Subtotal cash inflows from investment
activities | 1,234,233,434.44 | 613,937,144.00 | | Item | Amount incurred in current period | Amount incurred in previous period | | Cash paid for the purchase and
construction of fixed assets, intangible
assets and other long term assets | 94,003,080.71 | 74,076,410.38 | | Cash paid for investment | 6,190,000.00 | 300,000,000.00 | | Net cash received from reinsurance
business | | | | Net cash paid for obtaining subsidiaries
and other business units | | | | Other cash paid related to investment
activities | 1,130,000,000.00 | | | Subtotal cash outflows from investment
activities | 1,230,193,080.71 | 374,076,410.38 | | Net cash flow from investment activities | 4,040,353.73 | 239,860,733.62 | | III. Cash flow from financing activities: | | | | Receipts from equity securities | | | | Including: Cash received from subsidies'
absorption of minority shareholders'
investment | | | | Cash received from borrowings | 23,000,000.00 | 15,000,000.00 | | Other cash received related to financing
activities | 500,000.00 | 6,482,178.88 | | Subtotal cash inflows from financing
activities | 23,500,000.00 | 21,482,178.88 | | Cash repayments of amounts borrowed | 30,000,000.00 | | | Cash paid for distribution of dividends or
profits and for interest expenses | 472,705,138.80 | | | Including: Dividends and profits paid by
subsidiaries to minority shareholders | | | | Other cash paid related to financing
activities | 1,775,259.08 | 704,158.14 | | Subtotal cash outflows from financing
activities | 504,480,397.88 | 704,158.14 | | Net cash flow from financing activities | -480,980,397.88 | 20,778,020.74 | | IV. Impact of exchange rate movements on
cash and cash equivalents | -43,763.64 | -792,708.11 | | V. Net increase of cash and cash
equivalents | -422,096,198.17 | 441,608,501.19 | | Plus: Balance of cash and cash
equivalents at the beginning of the period | 1,878,166,358.09 | 5,196,414,341.74 | | VI. Balance of cash and cash equivalents at
the beginning of the period | 1,456,070,159.92 | 5,638,022,842.93 |
(II) Adjustment of relevant items in financial statements at the beginning of first implementation year as a result of first implementation of new accounting standards from 2024 （未完） ![]()
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