海信家电集团股份有限公司 环境、社会与管治报告 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT / 向善共赢 智造绿色未来 / Contents 目录 前篇 致利益相关方的信 1 走进海信家电 3 02 03 05 04 01 董事会ESG声明 6 科技向善·创新引领 智造向善·行业标杆 伙伴向善·成长护航 企业ESG治理 商业向善·稳健治理 l - l 后篇 企业治理 23 绿色发展与承诺 51 关于本报告 111 ESG治理架构 产品创新与激励 37 员工权益与福利 79 11 26 56 86 ESG价值理念 合规经营 产品质量与安全 43 污染预防与处置 员工发展与培训 联交所指标索引 112 GRI指标索引 116 利益相关方沟通 13 商业守则 29 全生命周期绿色制造 60 职业健康与安全 91 14 33 可持续性运营 65 IFRS S2建议披露索引 122 重大性议题管理 信息风险防范 ESG亮点绩效 18 气候韧性与发展 67 SASB 指标索引 123 读者意见反馈 124 海信家电集团股份有限公司 - 环境、社会与管治 (ESG) 报告 ２０２ ...

股票代码：000921 股票简称：海信家电 公告编号：2024-032 海信家电集团股份有限公司 第十一届董事会 2024 年第二次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 会议应到董事 9 人，实到 9 人。 （三）会议的召开及表决符合《公司法》和《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事认真审议，会议形成以下决议： （一）审议及批准本公司《2024 年第一季度报告》（本公司《2024 年第一季度报 告》的具体内容已于同日登载在巨潮资讯网）。 一、董事会会议召开情况 （一）会议通知的时间和方式 海信家电集团股份有限公司(「本公司」)第十一届董事会于 2024 年 4 月 12 日以通 讯方式向全体董事发出召开第十一届董事会 2024 年第二次会议的通知。 （二）会议召开的时间、地点和方式 1、会议于 2024 年 4 月 24 日以通讯方式召开。 2、董事出席会议情况 海信家电集团股份有限公司董事会 2024年4月24日 1 表决情况：同意 9 票，反对 0 票，弃权 0 票。 （二）审议及批准本公司《2023 年度环境 ...

Financial Performance - The company's revenue for Q1 2024 reached ¥23,486,119,294.48, representing a 20.87% increase compared to ¥19,430,480,828.07 in the same period last year[3] - Net profit attributable to shareholders was ¥981,246,783.99, a significant increase of 59.48% from ¥615,296,643.26 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥837,889,225.17, up 60.89% from ¥520,783,170.28 in the previous year[3] - Total operating revenue for Q1 2024 reached CNY 23,486,119,294.48, an increase of 20.5% compared to CNY 19,430,480,828.07 in the same period last year[14] - Net profit for Q1 2024 was CNY 1,537,455,169.86, a significant increase of 47.5% from CNY 1,042,258,545.77 in the previous year[15] - The total comprehensive income for Q1 2024 reached CNY 1,549,127,508.76, compared to CNY 1,102,622,546.74 in the same period last year, indicating a year-over-year increase of about 40.6%[16] - The basic and diluted earnings per share for Q1 2024 were both CNY 0.72, up from CNY 0.45 in Q1 2023, reflecting a growth of 60%[16] Cash Flow and Liquidity - The company's cash flow from operating activities showed a decline of 82.40%, amounting to ¥156,049,168.70 compared to ¥886,463,601.52 in the same period last year[3] - Cash inflows from operating activities totaled CNY 18,519,925,149.28, compared to CNY 16,081,473,482.74 in the previous year, marking an increase of approximately 15.2%[18] - The net cash flow from operating activities was CNY 156,049,168.70, a decrease from CNY 886,463,601.52 in Q1 2023[18] - Cash and cash equivalents at the end of Q1 2024 amounted to CNY 3,113,769,261.78, slightly down from CNY 3,205,383,971.61 at the end of Q1 2023[19] - The company reported a net cash outflow from financing activities of CNY 543,383,356.25, compared to a net inflow of CNY 626,302,995.69 in the same period last year[18] - The cash inflow from investment activities was CNY 7,796,536,903.29, significantly higher than CNY 4,079,609,380.32 in Q1 2023, indicating a growth of approximately 91.5%[18] - The company received CNY 818,996,871.54 in tax refunds during Q1 2024, compared to CNY 635,635,338.05 in the previous year, representing an increase of about 29%[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥69,737,380,537.16, reflecting a 5.75% increase from ¥65,946,495,555.67 at the end of the previous year[3] - Cash and cash equivalents at the end of the period were RMB 5,292,941,166.47, compared to RMB 4,939,273,198.62 at the beginning of the period, reflecting a growth of approximately 7.2%[11] - Accounts receivable increased to RMB 10,692,127,372.94 from RMB 9,225,321,882.07, representing a rise of about 15.9%[12] - Total current assets reached RMB 48,947,890,260.53, up from RMB 45,139,919,481.27, marking an increase of around 6.2%[12] - The total liabilities, including short-term borrowings and accounts payable, were RMB 15,461,914,140.12, up from RMB 14,608,429,378.74, indicating an increase of approximately 5.8%[12] - The total liabilities as of Q1 2024 amounted to CNY 49,162,583,576.33, compared to CNY 46,550,436,429.03 in the previous year, reflecting a growth of 3.3%[13] - Total equity increased to CNY 20,574,796,960.83 from CNY 19,396,059,126.64, representing a year-over-year growth of 6.1%[13] Research and Development - Research and development expenses increased by 34.30%, totaling ¥774,184,218.46 compared to ¥576,469,605.18 in the previous year[7] - Research and development expenses rose to CNY 774,184,218.46, up from CNY 576,469,605.18, marking a 34.3% increase year-over-year[15] Future Outlook - Future outlook includes plans for market expansion and new product development to sustain growth momentum[15] - The company is focusing on enhancing its technological capabilities and exploring potential mergers and acquisitions to strengthen its market position[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,091, with the top ten shareholders holding a significant portion of the shares[8] - The company has not identified any non-recurring gains or losses that would be classified as regular gains or losses[6] - The company did not undergo an audit for the Q1 2024 report[20]

股票代码：000921 股票简称：海信家电 公告编号：2024-031 海信家电集团股份有限公司 H 股公告-董事会会议通知 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 海信家电集团股份有限公司（「本公司」）于 2024 年 4 月 12 日在香港联合交易所 有限公司披露易网站（www.hkexnews.hk）刊登了公告。根据《深圳证券交易所股票上市 规则》16.1 条关于境内外同步披露的要求，特将公告内容披露如下，供参阅。 特此公告。 海信家电集团股份有限公司董事会 1. 審議批准本公司及其附屬公司截至2024年3月31日未經審計的第一季度業績；及 2. 處理任何其他事項（如有）。 2024 年 4 月 12 日 1 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該 等內 容而引致的任何損失承擔任何責任。 HISENSE HOME APPLIANCES GROUP CO., LTD. 海信家電集團股份有限公司 （在中華人民共和國註冊成 ...

公司报告 | 年报点评报告 海信家电（000921） 证券研究报告 2024年03月 30日 投资评级 白电内外销高增，利润水平大幅提升 行业 家用电器/白色家电 6个月评级 买入（维持评级） 当前价格 30.42元 事件：公司2023年实现营业收入856 亿元，同比+15.5%，归母净利润28.37 亿元，同比+97.74%；其中2023Q4实现营业收入207.01亿元，同比+21.13%， 目标价格 元 归母净利润4.11 亿元，同比+12.68%。每10股派发现金红利10.13元（含 税），分红率49%。 基本数据 A股总股本(百万股) 928.35 分产品看，23年空调/冰洗/其他主营收入同比为+12%/+22.9%/+3.8%，其中 流通A股股本(百万股) 902.83 23H2 收入同比为+12.5%/+34.4%/+1.5%。分地区看，23 年内外销收入同比 A股总市值(百万元) 28,240.27 +15%/+12.3%，其中 23H2 收入同比为+11.8%/+29.8%，外销显著贡献收入 流通A股市值(百万元) 27,464.13 增长。分销售模式看，23年直销/经销收入同比+15.3%/ ...

Investment Rating - The investment rating for Hisense Home Appliances is "Accumulate" [3] Core Views - The company reported a robust revenue growth of 15.5% year-on-year, reaching 85.6 billion yuan in 2023, with a significant increase in net profit by 97.7% to 2.837 billion yuan [5][6] - The company is expanding its overseas brand presence, particularly in the HVAC and home appliance sectors, with notable growth in air conditioning and washing machine segments [5] - Profitability is improving, with a gross margin increase of 1.39 percentage points to 22.08% in 2023, driven by enhanced scale effects and product structure upgrades [5] - Operating cash flow has significantly improved, with a net cash flow from operations increasing by 163.17% to 10.612 billion yuan [5] Summary by Sections Financial Performance - In 2023, the company achieved a revenue of 85.6 billion yuan, with a year-on-year growth of 15.5% [6] - The net profit attributable to shareholders reached 2.837 billion yuan, reflecting a 97.7% increase [6] - The company plans to distribute a cash dividend of 10.13 yuan for every 10 shares [5] Business Segments - The HVAC segment generated 38.652 billion yuan in revenue, up 12.04% year-on-year, with Hisense Hitachi contributing 22.167 billion yuan [5] - The washing machine and refrigerator segments saw revenue growth of 22.93%, with washing machines increasing by 53.6% [5] - The automotive air conditioning and thermal management segment achieved 9.05 billion yuan in revenue, maintaining a positive growth trend [5] Regional Performance - Domestic revenue grew by 15.04% to 49.035 billion yuan, while overseas revenue increased by 12.28% to 27.924 billion yuan [5] - The ASEAN region saw a revenue increase of 20%, with self-owned brand business growing by 70% [5] Profitability and Cash Flow - The gross margin improved to 22.08%, with HVAC and home appliance margins at 30.66% and 19.11%, respectively [5] - The net profit margin increased by 1.46 percentage points to 5.60% [5] - The company reported a significant improvement in operating cash flow, with a net cash flow of 10.612 billion yuan [5] Future Outlook - The company expects net profits to reach 3.279 billion yuan in 2024, 3.770 billion yuan in 2025, and 4.279 billion yuan in 2026, with corresponding PE ratios of 14, 12, and 11 times [6]

2024年04月01日 公 司点评 公 买入 / 上调 司 海信家电(000921) 研 究 目标价: 昨收盘:30.42 海信家电：2023Q4 营收业绩快增，三电公司客户端获新拓展 事件：2024 年 3 月 29 日，海信家电发布 2023 年年报。2023 年公 ◼ 走势比较 司实现营收 856.00 亿元（+15.50%）；归母净利润 28.37 亿元 （+97.73%）。单季度来看， 2023Q4 实现营收 207.01 亿元（+21.13%）， 60% 归母净利润4.11亿元（+12.68%）。公司拟以13.73亿股为基数，向全体 太 42% 股东每10股派发现金红利10.13元（含税），总计13.91亿元。 平 24% 2023 年冰洗业务驱动增长，东盟区自有品牌表现亮眼。1）分季 洋 6% 度：2023Q4 营收 207.01 亿元（+21.13%），维持较快双位数增长；2）分 证 券 (12%)3/4/32 41/6/32 52/8/32 5/11/32 61/1/42 82/3/42 产品：2023 年公司暖通空调/冰洗/其他主营分别实现收入 (30%) 386.52/260.70/12 ...

[Table_StockInfo] 持有 2024年 04月 01日 （维持） 证券研究报告•2023年年报点评 当前价： 31.50元 海信家电（000921） 家用电器 目标价： ——元（6个月） 国内外业务稳健增长，盈利能力持续提升 投资要点 西南证券研究发展中心 [T a事ble件_S：公um司m发ar布y] 2023年年报，2023年公司实现营收856亿元，同比增长15.5%； [分Ta析bl师e_：Au龚th梦or泓] 实现归母净利润 28.4亿元，同比高增 97.7%；实现扣非后归母净利润 23.6亿 执业证号：S1250518090001 元，同比高增 160.1%。单季度来看，Q4 公司实现营收 207 亿元，同比增长 电话：023-63786049 21.1％；实现归母净利润 4.1亿元，同比增长 12.7%；实现扣非后归母净利润 邮箱：gmh@swsc.com.cn 2.9亿，同比增长 124.8%。2023年公司，现金分红 13.9亿元，现金分红金额 联系人：方建钊 占当期归母净利润比率为49.1%。 电话：18428374714  各业务板块协同发展，均实现快速增长。2023 年 ...

Investment Rating - The investment rating for Hisense Home Appliances is maintained as "Buy" [2][29]. Core Views - The company achieved a revenue of 85.6 billion yuan in 2023, representing a year-on-year increase of 15.5%, with a net profit attributable to shareholders of 2.84 billion yuan, up 97.7% [4][8]. - The company is optimistic about the continued improvement in profitability, supported by a dividend payout ratio of approximately 49% of net profit [4][28]. - The earnings forecast for 2024-2026 has been adjusted upwards, with expected net profits of 3.27 billion, 3.77 billion, and 4.34 billion yuan respectively [4][29]. Summary by Sections Financial Performance - In 2023, the company reported a total revenue of 85.6 billion yuan, with a net profit of 2.84 billion yuan and a non-recurring net profit of 2.36 billion yuan [4][8]. - For Q4 2023, revenue reached 20.7 billion yuan, a 21.1% increase year-on-year, with a net profit of 410 million yuan, up 12.7% [4][8]. Product Line Performance - The revenue from the air conditioning segment was 38.6 billion yuan, up 12.04%, while the washing machine segment saw a revenue increase of 53.6% [11][12]. - The company’s overseas business is expanding, with revenue from the ASEAN region growing over 20% and self-owned brand revenue increasing by more than 70% [16][28]. Profitability and Efficiency - The gross margin for 2023 was 22.1%, an increase of 1.4 percentage points, driven by supply chain optimization and improved manufacturing efficiency [20][21]. - The company’s operating cash flow for 2023 was 10.61 billion yuan, reflecting a significant increase of 163.2% [26][28]. Dividend and Incentive Plans - The cash dividend payout ratio for 2023 was 49%, with plans to distribute 10.13 yuan per 10 shares [28]. - A new employee stock ownership plan has been announced, indicating confidence in future growth [28]. Earnings Forecast - The projected net profits for 2024-2026 are 3.27 billion, 3.77 billion, and 4.34 billion yuan, with corresponding EPS of 2.35, 2.72, and 3.13 yuan [29].

Investment Rating - The report maintains a "Buy" rating for Hisense Home Appliances [1][5]. Core Views - The company is expected to see continuous profit improvement in 2024, with significant growth in revenue and net profit projected over the next few years [1][4]. - The report highlights that the company's revenue growth is driven by strong domestic demand, particularly in air conditioning and public construction projects, as well as improvements in its own operational efficiency [1][4]. Financial Summary - **Revenue Forecast**: - 2023A: 85,600 million - 2024E: 93,365 million - 2025E: 100,766 million - 2026E: 107,213 million - Growth Rate: 2023A to 2024E is 9% [1][4]. - **Net Profit Forecast**: - 2023A: 2,837 million - 2024E: 3,273 million - 2025E: 3,780 million - 2026E: 4,264 million - Growth Rate: 2023A to 2024E is 15% [1][4]. - **Earnings Per Share (EPS)**: - 2023: 2.04 - 2024E: 2.36 - 2025E: 2.72 - 2026E: 3.07 [1][4]. - **Return on Equity (ROE)**: - 2023: 15% - 2024E: 14% - 2025E: 13% - 2026E: 12% [1][4]. - **Price-to-Earnings (P/E) Ratio**: - 2023: 15 - 2024E: 13 - 2025E: 12 - 2026E: 10 [1][4]. - **Price-to-Book (P/B) Ratio**: - 2023: 3 - 2024E: 3 - 2025E: 2 - 2026E: 2 [1][4]. Investment Highlights - The company is expected to benefit from the ongoing upgrade in refrigerator technology and the continuation of external sales replenishment, which will enhance its profitability [1][4]. - The report emphasizes the importance of the company's internal governance and brand positioning, which are anticipated to drive higher growth rates compared to the industry average [1][4].