2018 年第三季度报告 2018 年第三季度报告 公司代码：600983 公司简称：惠而浦 惠而浦（中国）股份有限公司 2018 年第三季度报告 1 / 18 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 7 | 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人艾小明、主管会计工作负责人何卫权 及会计机构负责人（会计主管人员）陈灿 华保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 18 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增减 (%) 总资产 8,019,376,746.93 8,477,526,622.53 -5.40 归属于上市公司股 东的净资产 ...

Financial Performance - The company's operating revenue for the first half of 2018 was approximately CNY 3.12 billion, a decrease of 7.84% compared to the same period last year[18]. - The net profit attributable to shareholders was approximately CNY 289.13 million, a significant increase of 436.69% year-on-year[18]. - The net cash flow from operating activities was negative at approximately CNY -711.93 million, a decline of 718.25% compared to the previous year[18]. - The total assets at the end of the reporting period were approximately CNY 8.12 billion, a decrease of 4.26% from the end of the previous year[18]. - The net assets attributable to shareholders increased by 6.20% to approximately CNY 4.13 billion compared to the end of the previous year[18]. - Basic earnings per share for the first half of 2018 were CNY 0.38, compared to a loss of CNY -0.11 in the same period last year[19]. - The weighted average return on equity increased by 9.35 percentage points to 7.21% compared to the previous year[19]. - Non-recurring gains and losses totaled approximately CNY 227.61 million, primarily from non-current asset disposal gains and government subsidies[21]. - The company reported a total profit of CNY 334,685,242.44, recovering from a loss of CNY 81,700,833.84 in the previous year[83]. - The company recorded a total comprehensive income of CNY 279,794,124.78, compared to a loss of CNY 85,968,357.82 in the previous year[83]. Operational Highlights - The company launched the new Rui series washing machine, which features an intelligent oxygen cleaning function that effectively removes odors and kills bacteria, enhancing consumer health and lifestyle[33]. - The new aging-free refrigerator is the first in China to use a pure HFO foaming system, which is 10% more energy-efficient than similar products, and reduces carbon emissions by 99.9%[33]. - The company terminated the "annual production of 4 million energy-saving high-end refrigerator expansion" fundraising project to maximize the use of raised funds for the benefit of all shareholders[34]. - The main product gross margin improved during the reporting period, indicating a steady increase in profitability[34]. - The home appliance industry in China saw a 13.1% year-on-year increase in main business income, totaling 742.25 billion yuan, with a total profit of 52.29 billion yuan, up 15.9% year-on-year[29]. - Refrigerator production reached 39.79 million units, a year-on-year increase of 3.1%, while washing machine production was 33.97 million units, up 0.3% year-on-year[29]. - Online sales of major home appliances maintained a growth rate of over 30%, indicating a shift in consumer purchasing behavior towards online channels[31]. - The company is focusing on high-end product upgrades, particularly in first and second-tier cities, to meet the rising demand from the growing middle class[31]. - The company is actively responding to the "Made in China 2025" strategy by initiating the construction of smart factories and global R&D centers[27]. Risks and Investigations - The company faced risks including market risk, cost risk, and management risk, as detailed in the report[5]. - The company is under investigation by the China Securities Regulatory Commission for potential false disclosures in previous annual reports[6]. - The company is facing risks related to market competition, cost fluctuations, and management challenges due to its multi-brand strategy[44]. - The company is actively cooperating with regulatory authorities regarding an investigation into previous financial disclosures[45]. Shareholder and Equity Information - The company did not distribute any dividends or bonus shares for the first half of 2018, with a profit distribution plan indicating 0 shares and 0 yuan per 10 shares[48]. - The actual controller and shareholders have committed to not transferring or entrusting the management of their shares for a period of 36 months from October 23, 2014, which includes 157,245,200 shares and 233,639,000 shares from a private placement[49]. - The company confirmed that it will not engage in any actions that could lead to its delisting or loss of listing qualifications during the same 36-month period[49]. - The company has committed to avoiding any business activities that may compete with Hefei Sanyo, ensuring fair and reasonable transactions with related parties[50]. - The company has established a plan to ensure that all related transactions with Hefei Sanyo are conducted in accordance with market rules and general commercial principles[50]. Environmental and Compliance - The company reported wastewater discharge of 172,782.4 tons from the Nangang Industrial Park, with a chemical oxygen demand (COD) average discharge concentration of 95 mg/L, and ammonia nitrogen average discharge concentration of 12.15 mg/L, all within regulatory limits[56]. - The company’s wastewater discharge from the Fangxing Industrial Park was 49,815.2 tons, with a COD average discharge concentration of 200.1 mg/L, and ammonia nitrogen average discharge concentration of 30.6 mg/L, also compliant with environmental standards[56]. - The company has established various pollution control facilities, including a wastewater treatment station with a design capacity of 5 tons/hour, currently operating at 3 tons/hour[57]. - The company has developed an emergency response plan for environmental incidents, categorizing potential hazards and outlining response procedures[60]. - The company conducts quarterly environmental monitoring through external qualified units to ensure compliance with national standards[61]. Financial Position and Capital Structure - Total assets decreased from RMB 8,477,526,622.53 to RMB 8,116,541,793.24, a decline of approximately 4.26%[76]. - Current assets decreased from RMB 5,324,161,165.08 to RMB 4,757,964,504.88, a reduction of about 10.66%[76]. - Cash and cash equivalents decreased from RMB 2,599,317,719.79 to RMB 1,688,839,809.11, a drop of approximately 35.05%[75]. - Accounts receivable increased from RMB 1,272,768,929.16 to RMB 1,430,407,869.16, an increase of about 12.38%[75]. - Total liabilities decreased from RMB 4,585,354,655.37 to RMB 3,982,897,651.30, a decline of about 13.14%[77]. - Shareholders' equity increased from RMB 3,892,171,967.16 to RMB 4,133,644,141.94, an increase of approximately 6.19%[77]. Governance and Management - The company appointed Ernst & Young Hua Ming as the financial audit and internal control audit institution for the year 2018, with a one-year term[52]. - The company appointed He Weiquan as the Chief Financial Officer (CFO) during the reporting period[70]. - The company elected several new board members, including Wu Kan and Sheng Weili, as well as the chairperson of the supervisory board, Yuan Fenglan[71]. - There were no significant lawsuits or arbitration matters involving the company during the reporting period[52]. Accounting Policies and Financial Reporting - The financial statements are prepared based on the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of the company's financial status[115]. - The company’s accounting year runs from January 1 to December 31, with the reporting currency being RMB[116][117]. - The company follows specific accounting policies and estimates tailored to its operational characteristics[114]. - The consolidated financial statements include all subsidiaries controlled by the company as of December 31, 2017[123].

Financial Performance - In 2017, the company reported a net profit of -96,975,651.32 RMB, a decrease of 134.24% compared to the previous year[5]. - The company's operating revenue for 2017 was 6,364,091,904.60 RMB, reflecting a decline of 6.05% from 2016[22]. - The cash flow from operating activities decreased by 64.76% to 373,962,881.35 RMB in 2017[22]. - The total assets at the end of 2017 were 8,477,526,622.53 RMB, down 5.59% from the previous year[22]. - The basic earnings per share for 2017 was -0.13 RMB, a decrease of 135.14% compared to 2016[23]. - The company experienced a significant drop in net profit attributable to shareholders, with a decrease of 757.91% in net profit excluding non-recurring gains and losses[24]. - The weighted average return on net assets was -2.44% in 2017, a decrease of 8.45 percentage points from the previous year[23]. - In 2017, the company's revenue was 6.364 billion yuan, a year-on-year decrease of 6.05%[42]. - The net profit for 2017 was -97 million yuan, a year-on-year decline of 134.24%, with a net profit of -488 million yuan after deducting non-recurring gains and losses[42]. Operational Challenges - The company identified rising raw material costs and declining sales prices as key factors impacting profitability[24]. - The company faced challenges in 2017, including rising raw material costs and accounting errors, which significantly impacted its operational quality[42]. - Operating costs increased by 4.95% to ¥5,052,353,077.15, primarily due to rising raw material costs[51]. - The company reported a significant increase in financial expenses by 308.90% due to exchange rate impacts[51]. - The company experienced a significant increase in asset impairment losses, which rose to CNY 124,983,391.45 from CNY 48,995,189.56, an increase of 155.5%[183]. Strategic Initiatives - The company has taken measures to improve internal controls and sales management following previous accounting errors[9]. - The company has established a global R&D center in Hefei, which integrates local management culture with Whirlpool's corporate culture to enhance innovation[34]. - The company is responding to the "Made in China 2025" strategy by launching smart factory projects, with the first smart factory commencing production in November 2017[37]. - The company aims to enhance its competitive edge through talent development, brand positioning, and technological innovation, leveraging over a century of user data[36]. - The company launched several high-end new products in 2017, including the "Light Touch" washing machine, to enhance profitability and cater to consumer demand for quality[40]. Financial Management and Compliance - The company received a warning letter from the China Securities Regulatory Commission regarding errors in regular reports and significant internal control deficiencies[90]. - The company has taken corrective measures in response to the regulatory issues raised by the China Securities Regulatory Commission[90]. - The company has implemented comprehensive internal control measures, particularly in sales, marketing finance, and logistics, to strengthen management mechanisms and ensure compliance[91]. - The company is committed to enhancing compliance education and training for employees to ensure legal and regulatory adherence in operations[91]. - The company has revised its accountability management measures to clarify responsibilities and handling of violations[91]. Environmental Responsibility - The company has been recognized as an environmentally friendly enterprise in Hefei, reflecting its commitment to environmental management and compliance with ISO14001 standards[104]. - The company has established an emergency response plan for environmental incidents, detailing procedures and responsibilities for effective management[106]. - The company reported a total of 292,400 tons of wastewater discharged, with an average concentration of chemical oxygen demand at 85 mg/L, resulting in a total discharge of 24.85 tons[112]. - The average concentration of ammonia nitrogen in the discharged wastewater was 13.4 mg/L, leading to a total discharge of 3.92 tons, which is below the permitted limits[112]. - The company’s major pollutant emissions are below the total amount specified in the pollution discharge permit, ensuring compliance with relevant standards[112]. Shareholder Information - The total number of ordinary shareholders increased from 23,339 to 24,880 during the reporting period[118]. - The largest shareholder, Whirlpool (China) Investment Co., Ltd., holds 51.00% of the shares, totaling 390,884,200 shares[120]. - The company has a total of 233,639,000 shares under lock-up conditions, which cannot be transferred within 36 months from the date of new share registration[123]. - The controlling shareholder is Whirlpool (China) Investment Co., Ltd., established on February 23, 2005, with a registered capital of 2 billion RMB[124]. - The actual controller is Whirlpool Corporation, founded on August 10, 1955[126]. Human Resources and Management - The company has seen significant leadership changes, with several key executives, including the former CEO and CFO, resigning in 2017[137]. - The company has implemented a competitive salary system based on macroeconomic conditions and operational performance, aiming to attract and retain talent[144]. - The company has established a comprehensive training system, including a 2.0 version curriculum covering marketing, professional skills, and leadership[145]. - The total hours of outsourced labor amounted to 6,220,602 hours, with total payments for outsourced labor reaching CNY 88.66 million[146]. - The company has strengthened its internal control systems to address identified deficiencies and enhance operational management[150].

2018 年第一季度报告 公司代码：600983 公司简称：惠而浦 惠而浦（中国）股份有限公司 2018 年第一季度报告 1 / 17 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 7 | 2018 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 3 / 17 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增减 (%) 总资产 7,964,568,055.55 8,477,526,622.53 -6.05 归属于上市公司股 东的净资产 3,949,810,240.53 3,892,171,967.16 1.48 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的现 金流量净额 - 599,593,116.35 -1,085,212.98 -55,151.19 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 1,694,967,232.72 1,919,0 ...

Financial Performance - Net profit attributable to shareholders was CNY -56,609,379.90, a decline of 123.44% year-on-year[6] - Operating revenue for the first nine months was CNY 4,902,345,043.73, down 3.57% from the same period last year[6] - The net profit for Q3 2017 was -56,609,379.90 RMB, a decrease of 123% compared to the previous period's profit of 241,559,050.56 RMB, primarily due to rising material costs and declining sales prices[11] - Operating revenue for the third quarter was CNY 1,521,695,890.80, down 13.94% from CNY 1,768,514,743.44 in the same period last year[24] - Net profit for the third quarter was CNY 29,265,287.32, a decrease of 44.66% compared to CNY 52,811,476.20 in the previous year[25] - Year-to-date revenue for 2017 reached CNY 3,774,777,650.76, down from CNY 4,039,341,862.72 in the same period last year, representing a decline of 6.6%[28] - Operating profit for Q3 2017 was a loss of CNY 201,410,492.40, compared to a profit of CNY 37,285,241.22 in Q3 2016[28] - Net profit for Q3 2017 was CNY 15,048,195.44, a decrease of 73.0% from CNY 55,607,676.74 in Q3 2016[28] - Total comprehensive income for Q3 2017 was CNY 15,048,195.44, compared to CNY 55,607,676.74 in Q3 2016[29] Asset and Liability Changes - Total assets decreased by 6.39% to CNY 8,405,217,382.15 compared to the end of the previous year[6] - The total assets as of September 30, 2017, amounted to 8,405,217,382.15 RMB, down from 8,979,049,847.28 RMB at the beginning of the year[19] - Total liabilities decreased from CNY 4,155,048,305.67 to CNY 3,688,654,661.92, a decrease of approximately 11.27%[22] - The company reported a total equity of CNY 3,933,161,521.43, down from CNY 4,104,442,309.13 at the beginning of the year, a decline of approximately 4.17%[23] - Current assets decreased from CNY 5,498,302,679.35 to CNY 4,562,724,611.44, representing a reduction of about 16.98%[21] Cash Flow Analysis - Cash flow from operating activities decreased by 46.48% to CNY 305,393,748.35 compared to the previous year[6] - Cash flow from operating activities decreased by 46% to 305,393,748.35 RMB, influenced by extended payment terms from the previous year[11] - The net cash flow from operating activities for Q3 2017 was ¥305,393,748.35, a decrease of 46.4% compared to ¥570,612,548.73 in the same period last year[32] - Total cash inflow from operating activities was ¥5,995,951,701.38, while cash outflow was ¥5,690,557,953.03, resulting in a net cash inflow of ¥305,393,748.35[32] - Cash inflow from investment activities was ¥1,243,021,783.60, while cash outflow was ¥1,767,013,618.77, leading to a net cash outflow of ¥523,991,835.17[32] - The net cash flow from investment activities for the first nine months was -¥495,756,331.00, compared to a positive cash flow of ¥41,142,633.15 in the previous year[37] Shareholder Information - The total number of shareholders was 27,318, with the largest shareholder holding 51% of the shares[8] Operational Costs and Expenses - Total operating costs increased to CNY 1,725,343,847.91, up 1.93% from CNY 1,702,992,310.45 year-over-year[24] - Financial expenses increased by 214% to 35,786,034.58 RMB, attributed to higher discount interest and foreign exchange impacts[11] - Sales expenses for Q3 2017 were CNY 296,920,708.62, slightly down from CNY 297,958,181.39 in Q3 2016[28] Investment and Impairment - Investment income surged by 885% to 8,611,170.73 RMB, driven by increased purchases of financial products[11] - The company reported a significant increase in asset impairment losses, totaling CNY 25,794,037.00 in Q3 2017, compared to a reversal of CNY 18,864,142.84 in Q3 2016[28] Other Notable Changes - The company identified accounting errors from 2015 and 2016, estimating the error amount to be between 250 million to 300 million RMB, leading to stock suspension and subsequent correction measures[11] - The company's expected liabilities decreased by 41% to 1,759,622.25 RMB, mainly due to a reduction in return provisions[11] - The company anticipates significant changes in cumulative operating profit compared to the same period last year due to challenges in adjusting product sales prices and structure[13]

Financial Performance - The company's operating revenue for the first half of 2017 was approximately RMB 3.38 billion, representing a 2.06% increase compared to RMB 3.31 billion in the same period last year[20]. - The net profit attributable to shareholders of the listed company was a loss of approximately RMB 85.87 million, a decrease of 144.15% compared to a profit of RMB 194.52 million in the previous year[20]. - The net cash flow from operating activities was RMB 115.15 million, down 44.25% from RMB 206.54 million in the same period last year[20]. - The total assets of the company decreased by 2.24% to approximately RMB 8.79 billion from RMB 8.99 billion at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company decreased by 4.01% to approximately RMB 3.93 billion from RMB 4.09 billion at the end of the previous year[20]. - The basic earnings per share for the first half of 2017 was -0.11 yuan, a decrease of 144.00% compared to 0.25 yuan in the same period last year[22]. - The weighted average return on net assets was -2.14%, a decrease of 6.06 percentage points compared to 3.92% in the previous year[22]. - The company reported a net loss of 85,874,667.22 RMB for the first half of 2017, a decrease of 144.14% compared to the same period last year[23]. - Operating profit decreased by 144.77% to -81,328,832.31 RMB, attributed to rising material costs and declining sales prices[23]. - Total revenue for the first half of 2017 was 3.381 billion RMB, remaining flat year-on-year[31]. Risks and Challenges - The company faced significant risks including market risk, cost risk, and management risk, which are detailed in the report[6]. - The company anticipates a cumulative operating loss by September 30, 2017, due to ongoing raw material price increases and difficulties in adjusting product sales prices and structure[46]. - The company is facing challenges in the refrigerator market, where competition is intense and market share is stable among major brands[37]. - The company faces risks from market competition due to low entry barriers, leading to potential price wars and comprehensive competition strategies[47]. - Fluctuations in raw material prices and rising labor costs are expected to increase the company's cost pressures[47]. Strategic Initiatives - The company plans to enhance user experience by collaborating with Suning to create new showroom concepts across nearly 100 locations[31]. - The smart factory project in Hefei is expected to commence production in September 2017, with a capacity of 2 million inverter washing machines annually[34]. - The company launched the "Guangmang Touch" washing machine featuring a 7-inch TFT touchscreen and advanced smart washing technology[34]. - The company has launched the Whirlpool Kitchen Appliance Wealth Club in China, marking a strategic move to capture the high-end kitchen appliance market[35]. - The company aims to leverage its rich production and R&D experience to focus on high-end product development and smart manufacturing[28]. - The overall market for home appliances in China is gradually recovering, with increasing demand for mid-to-high-end products[28]. Accounting and Financial Reporting - The company reported accounting errors related to sales discounts from previous years, with an estimated impact of RMB 250-300 million on operating profit[7]. - The company has not proposed any profit distribution plan for the reporting period[5]. - The company has not proposed any profit distribution or capital reserve increase plans for the half-year period[50]. - The company appointed Ernst & Young Hua Ming as the financial audit and internal control audit institution for the year 2017[54]. - There are no significant litigation or arbitration matters reported during the reporting period[55]. - The company has not disclosed any major related party transactions during the reporting period[56]. - The company has committed to avoiding any actions that could lead to its delisting or loss of listing qualifications[52]. - The company has not implemented any employee stock ownership plans or other incentive measures during the reporting period[55]. - The company has confirmed that it will prioritize procurement from its group under equal conditions[52]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,765[64]. - The largest shareholder, Whirlpool (China) Investment Co., Ltd., held 390,884,200 shares, accounting for 51.00% of the total shares[65]. - The second-largest shareholder, Hefei State-owned Assets Holding Co., Ltd., held 178,854,400 shares, representing 23.34% of the total shares[65]. - The company did not experience any changes in its share capital structure during the reporting period[62]. - The company elected Hou Songrong and Lü Wei as directors during the 2016 annual general meeting[70]. Asset and Liability Management - The total assets as of June 30, 2017, amounted to CNY 8,791,517,448.94, a decrease from CNY 8,993,287,191.65 at the beginning of the period[75]. - The total current assets decreased from CNY 6,538,866,451.17 to CNY 6,074,674,463.64, reflecting a decline of approximately 7.1%[74]. - The company's total liabilities decreased slightly from CNY 4,903,435,487.66 to CNY 4,865,745,961.48, a reduction of about 0.8%[75]. - The total equity attributable to shareholders decreased from CNY 4,089,851,703.99 to CNY 3,925,771,487.46, representing a decline of approximately 4.0%[76]. - The company's inventory increased from CNY 908,367,202.55 to CNY 1,127,466,493.12, an increase of about 24.1%[74]. - The accounts receivable decreased from CNY 1,476,066,428.04 to CNY 1,337,735,290.02, a decline of approximately 9.4%[74]. - The company reported a significant decrease in cash and cash equivalents from CNY 2,857,324,077.30 to CNY 2,462,871,579.51, a drop of about 13.8%[74]. Cash Flow Analysis - Cash flow from operating activities generated a net amount of ¥115,153,144.80, down from ¥206,542,277.36 in the previous period, a decrease of approximately 44.2%[87]. - Cash flow from investing activities resulted in a net outflow of -¥493,834,160.85, contrasting with a net inflow of ¥312,741,426.91 in the previous period[87]. - The total cash inflow from operating activities was CNY 3,411,119,303.89, while total cash outflow was CNY 3,213,676,618.19, resulting in a net cash inflow of CNY 197,442,685.70[89]. - The total cash and cash equivalents at the end of the period amounted to CNY 2,462,871,579.51, down from CNY 2,857,324,077.30 at the beginning of the period, representing a decrease of approximately 13.8%[199]. - The bank deposits decreased from CNY 2,849,072,149.90 to CNY 2,457,523,256.84, a decline of about 13.7%[199]. Corporate Governance - The company appointed Feng Shuming as the Chief Financial Officer (CFO) during the reporting period[69]. - The company underwent a name change to Whirlpool (China) Co., Ltd. in December 2014[104]. - The company’s financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring a true and complete reflection of its financial status[110]. - The company’s financial reporting is based on the principle of historical cost, with impairment provisions made for assets as necessary[107]. - The company’s accounting period runs from January 1 to December 31 each year[111]. Revenue Recognition and Accounting Policies - Revenue is recognized when economic benefits are likely to flow in and the amount can be reliably measured, with specific conditions for sales recognition[168][170]. - The company’s sales revenue recognition principles differentiate between domestic and export sales, with domestic sales further categorized into distribution and consignment models[171]. - Government grants related to assets are recognized when conditions are met and measured at the amount received or receivable; non-monetary grants are measured at fair value[175]. - Deferred tax assets and liabilities are recognized based on temporary differences between the carrying amount of assets and liabilities and their tax bases, using the balance sheet liability method[178]. - The company assesses the recoverability of deferred tax assets based on expected future taxable income, and adjusts the carrying amount if future income is unlikely to be sufficient[180].

2017 年第一季度报告 公司代码：600983 公司简称：惠而浦 惠而浦（中国）股份有限公司 2017 年第一季度报告 1 / 20 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 10 | 2017 年第一季度报告 一、 重要提示 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 说明：经营活动产生的现金流量净额变动原因主要是由于公司加大回款考核力度，一季度公司销售回款良好。 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 | 项目 | 本期金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益 | 825.06 | | | 越权审批，或无正式批准文件，或偶发性的税收返还、减免 | | | | 计入当期损益的政府补助，但与公司正常经营业务密切相关， | 2,958,128.72 | | | 符合国家政策规定、按照一定标准定额或定量持续享受的政府 | | | | 补助除外 | | | | 除同公司正常经营业 ...

Financial Performance - In 2016, the company achieved a net profit of RMB 257,524,423.61 after deducting the net profit before the merger with the same controlling entity, with a cash dividend of RMB 1.05 per 10 shares distributed to shareholders, totaling RMB 80,476,095.00[2] - The company's operating revenue for 2016 was RMB 6,930,876,873.44, representing a 2.40% increase compared to RMB 6,768,556,728.19 in 2015[19] - The net profit attributable to shareholders of the listed company decreased by 32.99% to RMB 163,265,050.33 in 2016 from RMB 243,632,422.89 in 2015[19] - The basic earnings per share for 2016 was RMB 0.49, down 14.04% from RMB 0.57 in 2015[20] - The weighted average return on equity decreased to 7.53% in 2016 from 9.36% in 2015, a decline of 1.83 percentage points[20] - The company reported a net cash flow from operating activities of RMB 1,061,104,403.92, an increase of 18.09% compared to RMB 898,538,339.30 in 2015[19] - Total assets at the end of 2016 were RMB 9,295,776,293.00, a slight increase of 0.87% from RMB 9,215,879,252.99 at the end of 2015[19] - The net profit for 2016 was RMB 372 million, a decrease of 15.52% compared to the previous year[52] - The total operating revenue for 2016 was CNY 6,930,876,873.44, an increase of 2.4% from CNY 6,768,556,728.19 in the previous year[164] - The total operating costs for 2016 amounted to CNY 6,597,715,494.98, up from CNY 6,374,538,323.98, reflecting a year-over-year increase of 3.5%[164] - The total comprehensive income for 2016 was CNY 374,128,269.16, compared to CNY 442,710,591.85 in 2015, reflecting a decrease of 15.5%[165] Strategic Initiatives - The company plans to continue focusing on product development and market expansion strategies in the future[3] - The company is focusing on smart manufacturing and innovation to adapt to the changing market dynamics and consumer preferences in the home appliance industry[30] - The company aims to integrate its century-long data accumulation with modern technology to produce more innovative and environmentally friendly products[31] - The company is focusing on expanding its kitchen appliance market, launching 11 new kitchen appliance products[49] - The company plans to enhance its operational efficiency and talent selection to drive innovation and development[73] - The company is committed to improving its operational capital and efficiency through lean management practices[73] - The company will leverage global resources to accelerate the internationalization of domestic products and vice versa[73] Acquisitions and Partnerships - The company completed the acquisition of Guangdong Whirlpool at the end of 2016, enhancing its microwave business integration and expansion[43] - The strategic partnership with Whirlpool has enabled the company to leverage global resources and enhance its operational capabilities[32] - The company completed the acquisition of 100% equity in Guangdong Whirlpool for RMB 740.57 million, enhancing its microwave business integration and expansion[48] - Whirlpool Group committed to integrating Guangdong Whirlpool's microwave business into the company within 36 months after the completion of the issuance, based on fair market prices[85] Market and Competitive Landscape - The competitive landscape in the home appliance industry is intensifying, with a trend towards higher market concentration among major brands[71] - The home appliance market in China is experiencing a shift towards "low-speed, upgrade, and new channels" due to macroeconomic trends and rapid internet development[70] - Online sales continue to grow rapidly, while offline markets, especially in lower-tier cities, show sluggish growth[70] Risk Management - The company faced risks including policy, financial, market, and operational risks, as detailed in the report[5] - The company faces risks from market competition, cost fluctuations, and management challenges due to its multi-brand strategy[74] Corporate Governance and Compliance - The company has established a comprehensive internal control system in compliance with both Chinese regulations and SOX requirements, enhancing risk management capabilities[141] - The audit committee effectively supervised the preparation of the annual report and provided important recommendations regarding compliance and internal control[143] - The financial statements are prepared based on the accounting standards issued by the Ministry of Finance, reflecting the company's financial status and operating results accurately[200] Employee and Management Compensation - The total compensation for Chairman Jin Youhua during the reporting period was 2.28 million yuan[122] - CFO George Wong received a total compensation of 2.14 million yuan during the reporting period[122] - The total compensation for all directors, supervisors, and senior management at the end of the reporting period amounted to 20.11 million yuan[127] - The company has established a competitive salary level based on macroeconomic conditions and operational performance, aiming to attract and retain talent[133] Financial Management and Investments - The total amount of various related party transactions in 2016 reached RMB 1,883,531,554.70, including RMB 1,770,053,580.66 for purchase and sales of goods and services[93] - The company reported a total entrusted financial management amount of 100,000,000 RMB, with a recovered principal of 21,000,000 RMB and actual earnings of 234.63 million RMB as of December 31, 2016[101] - The company has made substantial investments in fixed assets, with a reported value of RMB 996,452,074.88, down from RMB 1,014,510,543.53, a decrease of approximately 1.8%[158][159] Shareholder Information - The top shareholder, Whirlpool (China) Investment Co., Ltd., holds 51.00% of the shares, totaling 390,884,200 shares[110] - The second-largest shareholder, Hefei State-owned Assets Holding Co., Ltd., holds 23.34% of the shares, totaling 178,854,400 shares[110] - The company has a total of 28,399 ordinary shareholders as of the end of the reporting period, an increase from 27,133 in the previous month[108] Future Outlook - The company aims for a sales revenue target of RMB 7.5 billion and a net profit target of RMB 400 million for 2017[51] - The company plans to continue focusing on market expansion and new product development in the upcoming fiscal year[179]

2016 年第三季度报告 公司代码：600983 公司简称：惠而浦 惠而浦（中国）股份有限公司 2016 年第三季度报告 1 / 27 1.4 本公司第三季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增减 (%) 总资产 8,507,501,751.61 8,008,170,156.06 6.24 归属于上市公司股 东的净资产 4,633,196,814.49 4,429,843,801.16 4.59 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的现 金流量净额 478,781,349.23 114,772,363.44 317.16 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减 （%） 营业收入 4,059,855,237.47 4,282,451,635.77 -5.20 归属于上市公司股 东的净利润 249,339,353.33 349,193,586.61 -28.60 归属于上市公司股 东的扣除非经常性 ...

Financial Performance - The company's operating revenue for the first half of 2016 was ¥2,663,088,623.56, a decrease of 4.11% compared to ¥2,777,263,266.52 in the same period last year[15]. - The net profit attributable to shareholders for the first half of 2016 was ¥180,315,254.14, down 11.20% from ¥203,052,682.27 in the previous year[15]. - The net cash flow from operating activities decreased by 56.88%, amounting to ¥187,356,605.62 compared to ¥434,450,140.32 in the same period last year[15]. - Basic earnings per share for the first half of 2016 were ¥0.24, a decrease of 7.69% compared to ¥0.26 in the same period last year[16]. - The weighted average return on net assets was 3.99%, down 0.89 percentage points from 4.88% in the previous year[16]. - The net profit after deducting non-recurring gains and losses was ¥132,629,996.25, down 22.10% from ¥170,246,025.35 in the same period last year[15]. - Total profit for the current period is ¥210,213,312.97, compared to ¥235,055,384.85 in the previous period, a decrease of 10.6%[89]. - The total comprehensive income for the current period was CNY 180,315,254.14[101]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,247,892,611.34, reflecting a 2.99% increase from ¥8,008,170,156.06 at the end of the previous year[15]. - The total current assets amount to RMB 6,939,788,308.23, an increase from RMB 6,658,543,937.36 in the previous period[77]. - Total liabilities amounted to CNY 3,637,733,556.04, slightly up from CNY 3,578,326,354.90, indicating an increase of about 1.65%[79]. - Total equity increased to CNY 4,610,159,055.30 from CNY 4,429,843,801.16, representing a growth of approximately 4.07%[79]. - The total owner's equity at the end of the current period was CNY 4,266,170,000[101]. Cash Flow - The net cash flow from operating activities for the first half of 2016 was RMB 187,356,605.62, a decrease of 56.9% compared to RMB 434,450,140.32 in the same period last year[92]. - Total cash inflow from operating activities amounted to RMB 3,110,647,999.74, while cash outflow was RMB 2,923,291,394.12, resulting in a net cash inflow of RMB 187,356,605.62[92]. - The total cash and cash equivalents at the end of the period reached RMB 3,307,244,289.93, an increase from RMB 2,740,725,359.75 at the end of the previous period[93]. - Cash flow from investment activities generated a net inflow of RMB 269,343,198.70, compared to a net outflow of RMB 88,327,281.00 in the previous period[94]. Market Performance - E-commerce channel sales for washing machines grew by 102% in the first half of the year, while the kitchen appliance division saw a 48% increase in sales[23]. - Sales revenue in the Chinese market decreased by 8.01%, while international sales increased by 17.78%[32]. Research and Development - R&D expenditure increased by 29.36% to ¥81,061,484.95, driven by new product development efforts[30]. - The company completed 130 new product development projects during the reporting period, with 59 technology patents filed[34]. Corporate Governance - The company appointed Ernst & Young Hua Ming as the financial audit and internal control audit institution for the 2016 fiscal year[63]. - The total number of shareholders at the end of the reporting period was 26,610[67]. - The company has not experienced any penalties or rectifications related to its directors, supervisors, or senior management during the reporting period[64]. Strategic Initiatives - The company plans to enhance internal reforms to improve competitiveness, aiming to streamline management and increase operational efficiency[24]. - The company is focusing on integrating Japanese technology with Whirlpool's global technology to drive innovation[25]. - The company aims to transition to an innovation-driven model, leveraging internet technologies for new product breakthroughs[25]. Shareholder and Equity Information - The largest shareholder, Whirlpool (China) Investment Co., Ltd., holds 390,884,200 shares, representing 51.00% of total shares[69]. - Hefei State-owned Assets Holding Co., Ltd. holds 178,854,400 shares, accounting for 23.34% of total shares[69]. - The company distributed cash dividends of CNY 0.60 per 10 shares, totaling CNY 45.99 million, based on a total share capital of 766,439,000 shares as of the end of 2015[49]. Compliance and Regulations - The company has no significant discrepancies in governance compared to the requirements of the Company Law and relevant regulations[64]. - There were no significant matters requiring disclosure as per the securities regulatory authority's requirements[67]. Future Outlook - The company aims to enhance its market presence through strategic partnerships and potential acquisitions in the upcoming quarters[107]. - The company is focusing on new product development and technological advancements to drive future growth[107].