| 证券代码：603833 | 证券简称：欧派家居 | 公告编号：2023-027 | | --- | --- | --- | | 转债代码：113655 | 转债简称：欧 22 转债 | | 欧派家居集团股份有限公司 关于召开 2022 年年度及 2023 年第一季度 业绩说明会的公告 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。 重要提示： 投资者可于 2023 年 4 月 28 日上午 12:00 点前，将所关注问题发送至欧派家居集团股份有 限公司（以下简称"公司"）投资者关系邮箱（oppeinir@oppein.com），公司将在说明会上对 投资者普遍关注的问题进行交流。 公司将于 2023 年 4 月 25 日、2023 年 4 月 28 日发布公司 2022 年年度及 2023 年第一季度 报告，为便于广大投资者更全面深入地了解公司 2022 年年度及 2023 年第一季度经营成果、财 务状况，公司计划于 2023 年 4 月 28 日下午 15:00-16:30 举行 2022 年年度及 2023 年第一季 度 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥6,201,714,811.79, representing a year-over-year increase of 30.12%[4] - The net profit attributable to shareholders for Q3 2021 was ¥1,101,090,775.24, reflecting a growth of 14.57% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was ¥2,013,610,035.12, an increase of 45.17% year-over-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥14,401,894,341.17, a significant increase of 48.1% compared to ¥9,731,611,771.59 in the same period of 2020[19] - Net profit for the third quarter of 2021 was ¥2,113,030,332.75, up 45.6% from ¥1,450,210,958.25 in the third quarter of 2020[20] - The company reported a diluted earnings per share of ¥1.81 for Q3 2021, marking a 12.42% increase year-over-year[5] - Basic earnings per share for the third quarter of 2021 were ¥3.48, up from ¥2.45 in the same quarter of 2020, indicating a 42.2% increase[21] - The total comprehensive income for the third quarter of 2021 was ¥2,125,207,747.84, compared to ¥1,443,058,552.71 in the same quarter of 2020, reflecting a growth of 47.2%[21] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥23,891,961,556.84, up 26.79% from the end of the previous year[5] - As of September 30, 2021, the company's total assets reached RMB 23,891,961,556.84, an increase from RMB 18,843,631,132.18 as of December 31, 2020, representing a growth of approximately 26.4%[15] - The total liabilities as of September 30, 2021, amounted to ¥10,057,609,264.12, compared to ¥6,918,203,141.85 at the end of 2020, reflecting a 45.9% increase[18] - The total equity attributable to shareholders at the end of the reporting period was ¥13,833,177,240.11, an increase of 16.00% from the previous year[5] - The company's total non-current liabilities decreased to ¥649,551,161.01 as of September 30, 2021, from ¥992,239,221.88 at the end of 2020, a reduction of 34.5%[18] - The total liabilities increased significantly, with contract liabilities rising to RMB 1,394,904,800.02 from RMB 924,647,095.33, showing an increase of approximately 50.8%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥2,935,069,867.82, which is a 37.78% increase compared to the same period last year[8] - In the first three quarters of 2021, the cash received from sales of goods and services amounted to approximately ¥16.66 billion, a 52.4% increase from ¥10.95 billion in the same period of 2020[24] - The net cash flow from operating activities for the first three quarters of 2021 was approximately ¥2.94 billion, compared to ¥2.13 billion in the same period of 2020, reflecting a 38% increase[24] - The total cash outflow from investing activities in the first three quarters of 2021 was approximately ¥3.02 billion, down from ¥4.64 billion in the same period of 2020, indicating a reduction of 34.8%[25] - The company reported a net increase in cash and cash equivalents of approximately ¥3.79 billion for the first three quarters of 2021, compared to an increase of ¥3.10 billion in the same period of 2020[25] Shareholder Information - The top shareholder, Yao Liang Song, holds 403,200,000 shares, representing 66.19% of the voting rights[9] - The company completed the registration of its 2021 stock option incentive plan, granting a total of 5,290,951 stock options to 500 individuals[13] - The company adjusted its stock option incentive plan, reducing the total number of options from 7 million to 6,709,796, with a revised exercise price of RMB 146.97 per share[13] Strategic Developments - The company has approved the establishment of the "Central China Intelligent Manufacturing Base" in Wuhan, indicating a strategic move for market expansion[12] - The company redeemed all "Oupai Convertible Bonds" on July 12, 2021, with a total of RMB 1,493,600,000 converted into company shares[11] Research and Development - Research and development expenses for the first three quarters of 2021 were ¥520,062,465.82, representing a 25.5% increase from ¥414,671,975.55 in the same period of 2020[19]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥8.20 billion, representing a 65.14% increase compared to the same period last year[16]. - The net profit attributable to shareholders for the first half of 2021 was approximately ¥1.01 billion, a 106.98% increase year-over-year[16]. - The net cash flow from operating activities increased by 235.44% to approximately ¥1.89 billion compared to the same period last year[19]. - The basic earnings per share for the first half of 2021 was ¥1.67, up 101.20% from ¥0.83 in the same period last year[17]. - The total assets of the company at the end of the reporting period were approximately ¥21.98 billion, a 16.66% increase from the end of the previous year[16]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥12.48 billion, reflecting a 4.61% increase from the previous year[16]. - The weighted average return on equity for the first half of 2021 was 8.14%, an increase of 3.15 percentage points compared to the same period last year[19]. - The company achieved a revenue of 820,017.95 million yuan in the reporting period, representing a year-on-year growth of 65.14%, and a net profit of 101,236.45 million yuan, up 106.98%[48]. - In Q2 alone, the company reported a revenue of 490,059.79 million yuan, which is a 38.61% increase year-on-year, and a net profit of 76,868.48 million yuan, growing by 30.15%[48]. Cost Management and Profitability - The company implemented effective cost control measures, contributing to the significant increase in net profit and cash flow[19]. - Operating costs increased by 67.95%, amounting to ¥5,551,386,710.16, in line with the growth in sales revenue[56]. - The company reported a non-recurring profit of 67,043,261.06 RMB for the first half of 2021, after accounting for income tax effects of -14,407,428.88 RMB[22]. - The company experienced a loss of -817,989.11 RMB from the disposal of non-current assets during the reporting period[21]. Business Model and Strategy - The company has a comprehensive business model that includes personalized design, production, sales, installation, and interior decoration services for home products[23]. - The company employs an order-based production model, ensuring customized solutions based on customer preferences and space layouts[25]. - The company is actively expanding its整装大家居 (whole house decoration) business model to enhance customer resource acquisition and market share[31]. - The company is transitioning from single product customization to whole-house customization, indicating a strategic shift towards comprehensive home solutions[46]. - The company is actively pursuing a "whole-house customization" strategy, integrating core products with supporting items to drive rapid growth in wardrobe sales[50]. Research and Development - The company has established a product research and development center to coordinate product and technology development across various business segments[28]. - R&D expenses increased by 54.26% to ¥368,738,355.12, reflecting the company's commitment to innovation and product development[56]. - The company emphasizes innovation in product development, focusing on new materials and technologies to maintain its competitive edge in the industry[46]. Market Position and Brand Strategy - The company emphasizes brand building through strategic planning, advertising, and a comprehensive channel layout to enhance brand recognition[34]. - The company has a strong brand influence, ranking 146th in brand value with 43.566 billion yuan in 2020[41]. - The company has built a robust sales network with over 7,000 dealerships, implementing advanced management systems for effective operations[42]. Financial Position and Assets - Cash and cash equivalents at the end of the period reached ¥7,185,549,906.40, accounting for 32.69% of total assets, an increase of 62.30% compared to the previous year[58]. - Short-term borrowings increased to ¥3,322,359,952.63, representing 15.11% of total assets, a significant rise of 104.25% year-on-year[58]. - Contract liabilities amounted to ¥1,693,246,276.03, which is 7.70% of total assets, reflecting an 83.12% increase due to steady business growth and increased customer orders[58]. - Inventory reached ¥1,065,493,631.24, accounting for 4.85% of total assets, with a year-on-year increase of 31.76% attributed to sufficient raw material preparation and increased finished goods[58]. Environmental Compliance - The company is not classified as a key pollutant discharge unit by environmental protection authorities[79]. - The company has implemented a central dust collection system for wood processing dust, ensuring compliance with emission standards[80]. - Wastewater from the countertop processing is treated and recycled, while hazardous waste is handled by qualified units[80]. - Noise reduction measures include using low-noise equipment and implementing sound insulation strategies[80]. Shareholder Commitments and Governance - The controlling shareholder, Yao Liang Song, committed to long-term holding of shares and will comply with regulations regarding share reduction after the lock-up period[88]. - The company has confirmed that it will provide timely disclosures regarding any share reductions by major shareholders, ensuring transparency[88]. - The company has established a framework for handling potential disputes related to property rights that may impact its operations[90]. - The company guarantees compliance with laws regarding employee social security and housing fund contributions, with Yao Liangsong assuming full responsibility for any penalties incurred[93]. Financial Instruments and Accounting Policies - The company classifies financial assets into three categories: amortized cost, fair value through other comprehensive income, and fair value through profit or loss[174]. - Financial assets measured at amortized cost are aimed at collecting contractual cash flows, with cash flows consisting solely of principal and interest payments[175]. - The company recognizes foreign exchange differences in profit and loss unless related to capitalized assets[173]. - The company employs valuation techniques that are appropriate in the current circumstances and supported by sufficient data and information[177].

Financial Performance - The company's operating revenue for 2020 was approximately CNY 14.74 billion, an increase of 8.91% compared to CNY 13.53 billion in 2019[15]. - The net profit attributable to shareholders for 2020 was approximately CNY 2.06 billion, reflecting a growth of 12.13% from CNY 1.84 billion in 2019[15]. - The net cash flow from operating activities reached approximately CNY 3.89 billion, marking an increase of 80.37% compared to CNY 2.16 billion in 2019[17]. - The total assets at the end of 2020 amounted to approximately CNY 18.84 billion, a 27.20% increase from CNY 14.81 billion at the end of 2019[17]. - The net assets attributable to shareholders at the end of 2020 were approximately CNY 11.93 billion, up 24.76% from CNY 9.56 billion in 2019[17]. - Basic earnings per share for 2020 were CNY 3.47, an increase of 10.86% from CNY 3.13 in 2019[18]. - The weighted average return on net assets for 2020 was 19.26%, a decrease of 2.4 percentage points from 21.66% in 2019[18]. - In 2020, the company achieved a revenue of 14.74 billion yuan, representing a year-on-year growth of 8.91%, and a net profit of 2.06 billion yuan, with a year-on-year increase of 12.13%[55]. - The total assets at the end of the period amounted to 18.84 billion yuan, with total equity of 11.93 billion yuan[55]. Cash Flow and Investments - The company’s cash and cash equivalents at the end of the period were 442,722.69 million CNY, a 201.89% increase year-on-year[80]. - The total amount of cash inflow from investment activities was 6,539,035,178.90 CNY, a 13.96% increase from the previous year[77]. - The total amount of cash outflow from financing activities was 1,480,407,917.27 CNY, reflecting a 283.88% increase compared to the previous year[77]. - The company has entrusted RMB 470,000,000 in bank wealth management products, with an outstanding balance of RMB 195,000,000[157]. - The annualized return rate for the entrusted wealth management products ranges from 3.55% to 4.70%[159]. - The company has recovered a total of RMB 2,000,000 from various entrusted wealth management products during the reporting period[159]. - The company has a diverse portfolio of financial products, including fixed income and structured deposits, aimed at maximizing returns[162]. Business Strategy and Operations - The company has actively developed a comprehensive information system to enhance operational efficiency and customer service, aligning with market trends towards digitalization[26]. - The company’s business model focuses on customized production, with a strong emphasis on integrating supply chain management to optimize procurement and production processes[29]. - The company aims to maintain a competitive edge by adapting to consumer preferences for personalized, high-quality home furnishing solutions[26]. - The company has implemented a dual procurement model to enhance supply chain efficiency and reduce material stagnation[30]. - The company has established a home product R&D center at the group level, coordinating product and technology development across various business segments, ensuring a leading position in innovation within the home furnishing industry[32]. - The company has adopted a composite sales model primarily based on dealer specialty stores, supplemented by bulk business, direct sales, and exports, enhancing market penetration and brand recognition[34]. - The company has initiated the "whole house customization" business model, collaborating with reputable home decoration companies to expand customer resources and improve terminal efficiency[35]. - The company is focused on digital integration and smart manufacturing to overcome production bottlenecks, aiming for a breakthrough in information technology construction[33]. - The company has implemented a logistics center for efficient product logistics management, addressing industry challenges such as high transportation losses and product mismanagement[40]. Market Trends and Consumer Behavior - The custom furniture industry has significant growth potential, with the company positioned to capture market share as consumer awareness of customized furniture increases[44]. - The company has observed that the second half of the year typically accounts for a higher proportion of revenue due to seasonal demand fluctuations in the custom furniture market[42]. - The consumer demographic for home furnishings is becoming younger, with 33% of interested consumers aged 25-34 and 30% aged 35-44, indicating a shift towards brand and personalized demands[95]. - Environmental considerations are becoming increasingly important, with 53.17% of consumers prioritizing eco-friendliness when purchasing furniture[97]. - The company has expanded its presence in lower-tier cities, which have become a major growth point due to rising consumer demand[95]. Research and Development - The company has a total of 696 patents and 84 software copyrights as of December 31, 2020, reflecting its strong product and technology innovation capabilities[53]. - Research and development expenses rose by 8.90% to 699.11 million RMB, indicating a focus on innovation[67]. - The company aims to enhance its information technology strategy, achieving a fully integrated custom home information system by 2020[115]. - The company is committed to developing a comprehensive home solution strategy, transitioning from a product provider to a solution provider[115]. Corporate Governance and Compliance - The company has established commitments to avoid any competition with its subsidiaries, ensuring no direct or indirect involvement in competing businesses[139]. - The company reported a commitment to avoid related party transactions, ensuring fair pricing and compliance with legal regulations[140]. - The actual controller of the company, Yao Liangsong, committed to not using company assets for unrelated investments or expenditures[145]. - The company has committed to maintaining its stock transfer restrictions for major shareholders for 36 months post-IPO, ensuring stability in shareholding[127]. - The company will enforce compliance with obligations under the stock price stabilization plan among all related parties[131]. Social Responsibility and Community Engagement - The company established the Guangzhou Oppein Public Welfare Foundation in 2020 to promote its "Love Home Culture" initiative[164]. - In 2020, the company donated 1 million RMB to support poverty alleviation efforts in Bijie City, Guizhou Province[165]. - The company actively participated in COVID-19 relief efforts, donating 2 million RMB to Hubei Province[165]. - The company has been recognized for its commitment to social responsibility, integrating it into various aspects of its business operations[164]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,413, a decrease from 10,004 in the previous month[185]. - The total number of ordinary shares increased by 181,361,737 shares due to the implementation of the 2019 profit distribution plan and the conversion of convertible bonds[180]. - The top ten shareholders held a total of 67.03% of the shares, with the largest shareholder, Yao Liang Song, holding 403,200,000 shares[186]. - The company decided not to exercise the early redemption rights for the convertible bonds on multiple occasions during the reporting period[176].

Financial Performance - Net profit attributable to shareholders of the listed company was ¥1,450,210,958.25, reflecting a growth of 5.23% year-on-year[5] - Operating income for the first nine months was ¥9,731,611,771.59, showing a slight increase of 2.06% compared to the same period last year[5] - Basic earnings per share increased to ¥2.48, representing a growth of 5.08% compared to the previous year[6] - Total operating revenue for Q3 2020 reached ¥4,766,073,106.6, an increase of 18.4% compared to ¥4,025,280,710.96 in Q3 2019[27] - Net profit for Q3 2020 was ¥961,105,670.31, representing a 28.9% increase from ¥745,422,972.34 in Q3 2019[28] - The company’s gross profit margin for Q3 2020 was approximately 23.3%, compared to 20.2% in Q3 2019[27] - The total comprehensive income for Q3 2020 was approximately ¥955.05 million, compared to ¥745.49 million in Q3 2019, reflecting a growth of 28.09%[29] - The company’s total comprehensive income for the first three quarters of 2020 was approximately ¥1.44 billion, compared to ¥1.38 billion in the same period of 2019, reflecting a growth of 4.93%[29] Assets and Liabilities - Total assets at the end of the reporting period reached ¥18,301,803,828.93, an increase of 23.55% compared to the end of the previous year[5] - The company’s total liabilities amounted to ¥7.30 billion, compared to ¥5.25 billion in the previous year, reflecting an increase of around 38.9%[23] - The total liabilities as of September 30, 2020, amounted to ¥8,077,501,635.26, a significant increase from ¥5,392,573,483.79 at the end of 2019[25] - The total equity attributable to shareholders reached ¥11.00 billion, up from ¥9.56 billion, which is an increase of approximately 15.1%[23] - The total equity as of September 30, 2020, was ¥6,736,974,371.59, compared to ¥6,105,935,013.65 at the end of 2019, reflecting a growth of 10.3%[25] Cash Flow - The net cash flow from operating activities for the first nine months was ¥2,130,248,962.30, up by 21.52% year-on-year[5] - Total cash inflow from operating activities reached CNY 11,143,659,716.81, up from CNY 10,886,783,541.41 in the previous year, reflecting a growth of 2.4%[35] - Cash outflow from operating activities decreased to CNY 9,013,410,754.51 from CNY 9,133,814,304.58, indicating a reduction of 1.3%[35] - The net cash flow from investment activities was negative at CNY -542,064,789.36, an improvement from CNY -5,293,899,895.86 in the same period last year[35] - The net cash flow from financing activities was CNY 1,507,434,944.67, compared to CNY 1,933,496,291.81 in the previous year, reflecting a decline of 22.0%[36] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,231[8] - The largest shareholder, Yao Liangsong, holds 67.61% of the shares, amounting to 403,200,000 shares[8] Investments and Development - The company has not disclosed any new product developments or market expansion strategies in this report[11] - The company plans to continue expanding its market presence and invest in new product development in the upcoming quarters[26] - Investment income decreased by 40.55% to ¥19,421,440.08, primarily due to reduced gains from the disposal of trading financial assets[14] Other Financial Metrics - The weighted average return on equity decreased to 14.37%, down by 2.34 percentage points from the previous year[6] - The company reported non-recurring gains and losses totaling ¥16,696,174.71 for the third quarter[7] - Research and development expenses for Q3 2020 were ¥175,641,556.59, slightly up from ¥165,725,944.82 in Q3 2019[27]