Financial Performance - The company achieved a net profit attributable to shareholders of RMB 1,812,047,834.71 for the year 2022[4]. - The cumulative distributable profit for the parent company was RMB 1,700,426,934.34[4]. - The company reported a significant increase in revenue, achieving a total of 10 billion RMB for the fiscal year 2022, representing a year-over-year growth of 15%[15]. - The company's operating revenue for 2022 was CNY 18,010,446,853.78, a decrease of 1.81% compared to 2021[21]. - Net profit attributable to shareholders for 2022 was CNY 1,812,047,834.71, an increase of 8.87% year-over-year[21]. - The overall gross margin improved to 35%, up from 32% in the previous year, reflecting better cost management and pricing strategies[15]. - The company reported a net profit margin of 12%, up from 10% in the previous year, indicating improved operational efficiency[90]. - The company reported a significant increase in total equity to ¥6,252,426,686.36 in 2022, up from ¥5,441,172,450.31 in 2021, indicating strong financial health[183]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 11.10 per 10 shares (including tax) to all shareholders[4]. - The total dividend amount, including cash dividends and share repurchases, is RMB 92,591.02 million, accounting for 51.10% of the net profit attributable to ordinary shareholders[111]. Risk Management - The company has detailed potential risks in its report, which can be found in the management discussion section[7]. - The company emphasizes the importance of investor awareness regarding investment risks based on forward-looking statements[5]. - A risk management strategy is in place to address raw material price fluctuations, with measures such as joint bidding and strategic reserves to control procurement costs[78]. Audit and Compliance - The report includes a standard unqualified audit opinion from Tianjian Accounting Firm[3]. - The board of directors and senior management have confirmed the authenticity and completeness of the financial report[2]. - The internal control audit report for 2022 received a standard unqualified opinion, confirming the effectiveness of the internal control system[116]. - The company has ensured compliance with all regulatory requirements, with no violations reported during the year[139]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, with plans to open five new retail locations in Vietnam by the end of 2023[15]. - The company has set a revenue guidance for the next fiscal year, projecting a growth rate of 10% to 12%[15]. - The company aims to enhance its market share by focusing on brand strength, product quality, and a diversified product matrix to meet evolving consumer demands[72]. - The company plans to continue expanding its market presence and is focusing on new product development and technology innovation[87]. Research and Development - Investment in technology development has increased by 25%, focusing on smart home solutions and sustainable materials[15]. - The company has submitted nearly 600 patents in innovation research, focusing on projects such as self-weight chairs, electric storage beds, smart beds, and smart home systems[30]. - Research and development expenses were ¥301,232,375.34, a slight decrease of 0.41% from the previous year, reflecting continued investment in innovation[38]. Supply Chain and Production - The company is exploring potential acquisitions to enhance its supply chain efficiency, targeting firms with innovative furniture technologies[15]. - The company has established an end-to-end indicator management system in the supply chain, enhancing demand management and retail SKU sales forecasting capabilities[30]. - The company is implementing a comprehensive supply chain integration strategy to improve efficiency and reduce costs, including the establishment of automated logistics systems[76]. Employee and Corporate Governance - The company has a total of 19,576 employees, with 1,713 in the parent company and 17,863 in major subsidiaries[105]. - The company emphasizes a performance-based compensation policy, linking employee pay to performance and market competitiveness[106]. - The company has established a comprehensive training program focusing on employee development and skill enhancement, utilizing both online and offline training resources[107]. Environmental and Social Responsibility - The company is committed to corporate social responsibility, focusing on sustainable practices and the development of recyclable products[33]. - The company has invested 10.36 million yuan in environmental protection during the reporting period[118]. - The company has committed to not engaging in direct or indirect competition with its own business operations[128]. Financial Position and Liquidity - The total assets at the end of 2022 were CNY 16,105,634,037.76, reflecting a 1.05% increase from the previous year[21]. - The net cash flow from operating activities increased by 18.08% to CNY 2,409,505,869.54 in 2022[21]. - Cash and cash equivalents increased by 25.40% to ¥1,228,173,763.33[52]. Shareholder Information - The total shares increased from 12,112,084 at the beginning of the year to 15,864,499 at the end, representing an increase of 3,752,415 shares[87]. - The largest shareholder, Gujia Group Co., Ltd., holds 201,340,893 shares, accounting for 24.50% of the total shares[160]. - The company plans to repurchase approximately 1,000,000 shares, representing 1.22% of the total issued share capital, with a maximum repurchase amount of RMB 600 million[174].

2023 年第一季度报告 单位：元 币种：人民币 证券代码：603816 证券简称：顾家家居 顾家家居股份有限公司 2023 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | |-----------------------------------------------|------------------|-------------------------------------| | 项目 | 本报告期 | 本报告期比上年同 期增减变动幅度 (%) | | 营业收入 | 3,953,535,382.26 | -1 ...

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the first half of 2021, representing a year-on-year increase of 15%[1]. - The company's operating revenue for the first half of 2021 reached ¥8,016,011,031.74, representing a 64.89% increase compared to ¥4,861,378,017.66 in the same period last year[23]. - Net profit attributable to shareholders was ¥772,469,411.09, up 34.15% from ¥575,832,512.75 year-on-year[23]. - The basic earnings per share rose to ¥1.23, reflecting a 28.13% increase from ¥0.96 in the same period last year[24]. - Future guidance estimates revenue growth of 12-15% for the full year 2021[1]. - The company achieved a net cash flow from operating activities of ¥428,775,590.35, a 50.96% increase from ¥284,031,464.11 in the previous year[46]. - The company's total operating revenue for the first half of 2021 was CNY 685,014,479.53, an increase of 15.9% compared to CNY 591,217,024.75 in the same period of 2020[130]. - The net profit for the first half of 2021 was a loss of CNY 3,632,799.41, compared to a profit of CNY 32,338,908.87 in the first half of 2020[131]. Profitability and Margins - Gross profit margin improved to 35%, up from 32% in the same period last year[1]. - The net profit after deducting non-recurring gains and losses was ¥666,230,521.78, which is a 44.71% increase from ¥460,397,039.33 in the same period last year[23]. - The weighted average return on equity improved to 10.77%, an increase of 1.17 percentage points from 9.60% year-on-year[24]. - The company reported a total comprehensive income for the current period of CNY 575,832,512, representing an increase compared to CNY 406,963,751 in the previous period[142]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2023[1]. - The company aims to become a world-leading comprehensive home operation provider, leveraging strong R&D capabilities and a global marketing network[30]. - The company is focusing on expanding its market presence through strategic investments in new manufacturing bases and product lines[56][57]. - The company is actively exploring cross-border e-commerce opportunities, particularly in the North American market, to enhance its product offerings and market presence[38]. Research and Development - Research and development investment increased by 25% to 100 million RMB, focusing on smart home technologies[1]. - Research and development expenses rose by 31.84% to ¥122,105,039.49, reflecting increased employee compensation[46]. - The company is actively pursuing technological advancements in smart home solutions to enhance its product offerings[57]. Product Development and Innovation - New product lines, including eco-friendly furniture, are expected to launch in Q3 2021, aiming for a 5% contribution to total sales[1]. - The company has established a product matrix that includes six major product series and has expanded its brand portfolio through acquisitions of well-known furniture brands[31]. - In 2021, the company launched several award-winning products, including the "Muse" temperature-regulating sofa, which received three awards at the "金汐奖" for best soft furniture[35]. Operational Efficiency - The integration of supply chain management systems has been implemented across all domestic factories, enhancing operational efficiency[40]. - The company maintains a production model that prioritizes self-production while utilizing external production to alleviate capacity constraints[33]. - User satisfaction metrics improved significantly, with maintenance service satisfaction increasing by over 60% compared to the same period last year[42]. Financial Position and Assets - Total assets slightly decreased by 0.32% to ¥12,996,203,930.32 from ¥13,037,960,940.90 at the end of the previous year[23]. - The net assets attributable to shareholders at the end of the reporting period were ¥6,975,350,549.85, a 3.50% increase from ¥6,739,724,202.70 at the end of the previous year[23]. - Cash and cash equivalents at the end of the period amounted to ¥2,008,515,917, representing 15.45% of total assets, a decrease from 17.19% in the previous year[49]. Risks and Challenges - The company has identified potential risks related to supply chain disruptions and inflationary pressures[1]. - The company faces risks from intensified market competition, with potential impacts on profit margins due to low-price strategies from smaller competitors[62]. - International trade tensions may impact the company's export business, prompting a strategy to optimize export product structure and enhance supply chain resilience[65]. Environmental Commitment - The company is committed to environmental protection and has implemented measures to ensure pollutant emissions meet standards, including the development of eco-friendly products[76]. - The company actively invests in green manufacturing and has initiated projects such as photovoltaic power generation in its factories[76]. - The company has established management systems for wastewater, waste gas, and noise to minimize environmental impact and promote sustainable development[76]. Shareholder and Equity Information - The company completed the repurchase and cancellation of 32,480 restricted stocks on July 9, 2021, as part of its equity incentive plan[72]. - The employee stock ownership plan acquired 10,879,264 shares, representing 1.72% of the total share capital, at an average price of 62.10 yuan per share, totaling 675.60 million yuan[72]. - The largest shareholder, Gu Jia Group Co., Ltd., held 190,710,420 shares, representing 30.16% of the total shares, with 43,000,000 shares reduced during the reporting period[103]. Corporate Governance - The company will prioritize any business opportunities within Gujia Home's operational scope, ensuring that such opportunities are presented to Gujia Home first[80]. - The company has committed to conducting any related transactions with Gujia Home on fair and reasonable terms, avoiding preferential treatment[80]. - The company guarantees that it will not abuse its controlling shareholder status and will not infringe upon the interests of the company[82].