Workflow
supor(002032)
icon
Search documents
苏泊尔(002032) - 2017 Q3 - 季度财报
2017-10-18 16:00
Financial Performance - Net profit attributable to shareholders rose by 10.23% to CNY 299,394,504.46 for the reporting period[8] - Operating revenue for the period reached CNY 3,587,171,652.21, reflecting a growth of 16.48% year-on-year[8] - Basic earnings per share increased by 10.21% to CNY 0.367[8] - Operating income increased by 35.07% year-on-year, primarily due to higher cash inflows from sales of goods and services[17] - The estimated net profit attributable to shareholders for 2017 is expected to range from CNY 107,751.92 million to CNY 140,077.5 million, representing a change of 0.00% to 30.00%[20] - The stable growth in domestic kitchenware and small household appliances sales contributed to the expected profit increase compared to 2016[20] Asset and Investment Changes - Total assets increased by 5.98% to CNY 8,327,929,549.25 compared to the end of the previous year[8] - Accounts receivable grew by 33.76% compared to the beginning of the period, indicating increased business scale[16] - Prepayments increased by 36.92% due to higher advance payments for bulk material purchases[16] - Construction in progress surged by 319.31%, driven by increased investments in subsidiary projects[16] Cash Flow and Financing - Cash flow from operating activities decreased by 34.47% to CNY 263,590,088.51[8] - The net cash flow from financing activities decreased by 36.86% year-on-year, primarily due to increased dividends compared to the previous year[17] - The company plans to repurchase up to 4.3 million shares at an average price not exceeding CNY 44 per share, with a total repurchase amount not exceeding CNY 189.2 million[18] Expenses and Liabilities - Financial expenses rose by 96.27% due to exchange losses from fluctuations in the RMB to USD exchange rate[16] - The company reported a 57.04% increase in taxes payable, attributed to higher taxable profits from subsidiaries[16] - Non-operating expenses grew by 58.94% year-on-year, mainly due to an increase in estimated liabilities related to infringement litigation[17]
苏泊尔(002032) - 2017 Q2 - 季度财报
2017-08-30 16:00
Financial Performance - The company's operating revenue for the first half of 2017 was ¥6,909,466,633.07, representing a 20.12% increase compared to ¥5,751,920,817.78 in the same period last year[16]. - The net profit attributable to shareholders was ¥596,973,222.60, up 26.87% from ¥470,536,171.34 in the previous year[16]. - The net profit after deducting non-recurring gains and losses was ¥566,994,969.20, reflecting a 34.96% increase from ¥420,109,020.93 year-on-year[16]. - The net cash flow from operating activities reached ¥558,857,207.70, a significant increase of 170.45% compared to ¥206,636,530.62 in the same period last year[16]. - Basic earnings per share were ¥0.728, up 26.83% from ¥0.574 in the previous year[16]. - The total profit reached RMB 728,943,161.15, an increase of 8.73% compared to the previous year[32]. - The main business income was RMB 6,882,985,567.96, up by RMB 1,155,153,936.32, or 20.17% year-on-year[32]. - The company reported a net profit margin of 30.04% for the reporting period, consistent with the previous year's performance[38]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,395,864,867.04, a decrease of 5.88% from ¥7,854,199,313.01 at the end of the previous year[16]. - The net assets attributable to shareholders increased by 2.76% to ¥4,667,535,331.09 from ¥4,540,328,597.59 at the end of the previous year[16]. - The company's fixed assets decreased by 4.46% due to increased depreciation[25]. - The intangible assets grew by 24.73%, primarily due to the acquisition of land use rights by subsidiaries[25]. - Total liabilities decreased to CNY 2,716,844,958.58 from CNY 3,296,228,461.00, a reduction of approximately 17.5%[118]. Cash Flow - The net increase in cash and cash equivalents was -¥250,805,881.87, an improvement of 15.16% compared to -¥295,636,450.71 in the previous year[34]. - The company's cash and cash equivalents decreased to approximately RMB 507.34 million from RMB 754.14 million at the beginning of the period, representing a decline of about 32.7%[116]. - Total cash and cash equivalents at the end of the period were 490,338,270.69 yuan, down from 592,185,853.81 yuan in the previous period, reflecting a net decrease of 250,805,881.87 yuan[133]. Dividends and Share Capital - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company distributed a cash dividend of 7.70 RMB per 10 shares, totaling 486,454,969 RMB, and issued 189,527,910 bonus shares on May 25, 2017, increasing total share capital to 821,287,610 shares[96]. - The dilution of basic and diluted earnings per share occurred due to the increase in total share capital from the bonus share issuance[97]. Research and Development - Research and development expenses increased by 12.08% to ¥164,074,818.13 from ¥146,387,105.12 in the same period last year[34]. - The company launched new products such as the pressure ball pot and the second generation of the true grinding soy milk machine, enhancing market share in small appliances[30]. Market and Sales - The company’s domestic sales revenue was RMB 5,196,658,252.15, growing by 21.60% year-on-year[32]. - The foreign trade revenue reached RMB 1,686,327,315.81, reflecting a year-on-year increase of 15.95%[32]. - Domestic sales accounted for 75.59% of total revenue, amounting to ¥5,223,139,317.26, with a year-on-year growth of 21.54%[38]. Related Party Transactions - The company reported a total of 148,025.27 million CNY in sales of finished products to SEB ASIA, accounting for 21.42% of similar transactions[73]. - The company engaged in related party transactions with Wuhan Anzai Kitchen Co., Ltd. for finished products amounting to 11,967.65 million CNY, representing 2.65% of similar transactions[72]. Corporate Governance - The company has not undergone any bankruptcy restructuring during the reporting period[66]. - There were no significant litigation or arbitration matters during the reporting period[67]. - The company did not face any media scrutiny during the reporting period[68]. Economic and Market Risks - The company faces risks related to macroeconomic fluctuations, which could impact consumer demand for its products[54]. - Approximately 30% of the company's business is related to foreign trade, exposing it to exchange rate fluctuations that could lead to gains or losses[57]. Compliance and Accounting Policies - The financial statements comply with the requirements of the enterprise accounting standards, ensuring accurate reflection of financial status[156]. - The company has implemented specific accounting policies for bad debt provisions, fixed asset depreciation, and revenue recognition[155].
苏泊尔(002032) - 2017 Q1 - 季度财报
2017-04-21 16:00
Financial Performance - The company's revenue for Q1 2017 reached ¥3,946,557,740.55, representing a 25.96% increase compared to ¥3,133,161,846.48 in the same period last year[8] - Net profit attributable to shareholders was ¥366,478,807.61, up 33.16% from ¥275,208,073.37 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥355,513,752.17, reflecting a 46.31% increase from ¥242,985,360.06 in the previous year[8] - Basic earnings per share rose to ¥0.581, a 33.26% increase from ¥0.436 in the previous year[8] Cash Flow - The net cash flow from operating activities increased significantly by 149.26% to ¥415,714,993.74, compared to ¥166,782,789.95 in the same period last year[8] - Net cash flow from operating activities increased by 149.26% year-on-year, driven by higher cash inflows from sales of goods and services[17] - Net cash flow from investing activities decreased by 144.07% year-on-year, attributed to increased investments in financial products[17] - Net increase in cash and cash equivalents decreased by 104.09% year-on-year, mainly due to reduced cash flow from investing activities[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,804,555,211.71, a slight decrease of 0.63% from ¥7,854,199,313.01 at the end of the previous year[8] - The net assets attributable to shareholders increased by 8.09% to ¥4,907,789,858.05 from ¥4,540,328,597.59 at the end of the previous year[8] - The company reported a 70.36% increase in financial assets measured at fair value, attributed to an increase in principal-protected floating income investment products[16] Inventory and Investment - Inventory decreased by 34.07% due to accelerated turnover and effective inventory control[16] - The company experienced a 52.51% decline in investment income compared to the same period last year, primarily due to reduced returns from non-interest-linked principal-protected investment products[16] Operating Performance - Operating income decreased by 66.95% year-on-year, mainly due to a reduction in subsidy income[17] - Non-operating expenses increased by 75.43% year-on-year, primarily due to increased legal expenses related to patent infringement lawsuits[17] Future Outlook - The estimated net profit attributable to shareholders for the first half of 2017 is expected to range from 47,053.62 to 61,169.70 million yuan, representing a change of 0.00% to 30.00%[19] - The company maintained stable growth in overall scale against the backdrop of a recovery in the domestic cookware and small appliance industry[20]
苏泊尔(002032) - 2016 Q4 - 年度财报
2017-03-29 16:00
Financial Performance - The company's operating revenue for 2016 was CNY 11,947,123,201.12, representing a 9.51% increase compared to CNY 10,909,686,625.90 in 2015[16] - The net profit attributable to shareholders for 2016 was CNY 1,077,519,156.40, an increase of 21.21% from CNY 889,004,773.99 in 2015[16] - The net profit after deducting non-recurring gains and losses was CNY 980,821,460.64, up 18.13% from CNY 830,296,996.82 in the previous year[16] - The net cash flow from operating activities reached CNY 1,388,990,550.62, a 22.58% increase from CNY 1,133,089,710.67 in 2015[16] - The basic earnings per share for 2016 was CNY 1.712, reflecting a 21.16% increase from CNY 1.413 in 2015[16] - The total profit for the year was RMB 1,367,467,695.83, an increase of 16.51% compared to the previous year[37] - Basic earnings per share rose to RMB 1.712, reflecting a year-on-year increase of 21.16%[37] Revenue Breakdown - The cookware segment generated revenue of RMB 4,357,401,879.57, a slight decline of 0.82% year-on-year[37] - The small appliances segment achieved revenue of RMB 7,465,540,938.11, marking a growth of 17.10% year-on-year[37] - Domestic sales revenue reached RMB 8,333,224,447.62, up 16.47% year-on-year, while foreign trade revenue was RMB 3,511,037,667.94, down 3.54%[37] Assets and Liabilities - Total assets at the end of 2016 amounted to CNY 7,854,199,313.01, a 6.19% increase from CNY 7,396,105,410.33 at the end of 2015[16] - The net assets attributable to shareholders were CNY 4,540,328,597.59, which is a 2.70% increase from CNY 4,421,103,278.53 in 2015[16] - Total liabilities reached CNY 3,295,959,650.14, compared to CNY 2,386,374,848.25 at the beginning of the year, showing an increase of about 38.2%[199] Cash Flow and Investments - The net cash flow from investment activities surged by 110.15%, primarily due to increased cash from the recovery of financial products[63] - The company reported a significant increase in estimated liabilities to ¥7,150,000.00, related to patent infringement litigation[64] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 7.70 per 10 shares, along with 3 bonus shares per 10 shares[5] - In 2016, the company distributed cash dividends totaling RMB 486,454,969, which represents 45.15% of the net profit attributable to shareholders[82] Market Position and Strategy - The company’s market share in the five major electrical appliance categories reached 28.3%, securing the second position in the industry[39] - The company aims to strengthen strategic cooperation with international and domestic retail systems to accelerate business growth in modern channels[76] - The company plans to expand its e-commerce operations, enhancing event marketing capabilities to increase the proportion of e-commerce sales[76] Research and Development - Research and development expenses were ¥351,893,729.50, representing 2.95% of operating revenue, an increase of 12.07% from the previous year[60] - The company is focusing on product innovation and premium strategies to capture opportunities from consumer upgrades[76] Employee and Management Structure - The total number of employees in the company is 12,719, with 1,888 in the parent company and 10,831 in major subsidiaries[160] - The company has a diverse management team with experience in various sectors, including finance, human resources, and operations[155] - The total remuneration for directors and senior management during the reporting period amounts to 713.97 million CNY[159] Corporate Governance - The company has a strong emphasis on compliance with corporate governance, as indicated by the structured remuneration decision-making process[157] - The board of directors consists of three independent directors, ensuring fair and transparent governance practices[169] - The company maintains complete operational independence from its controlling shareholder, with no interference in decision-making or business activities[168] Social Responsibility - The company completed the construction of two Supor primary schools in 2016, contributing to educational resources in remote areas[122] - A total of RMB 9.4 million was invested to support 94 impoverished students in 2016[123] - The company received the fifth Zhejiang Charity Award for its rural education public welfare project in December 2016[122]
苏泊尔(002032) - 2016 Q3 - 季度财报
2016-10-20 16:00
Financial Performance - Net profit attributable to shareholders increased by 12.27% to CNY 271,603,879.81 for the reporting period [8]. - Operating revenue for the reporting period was CNY 3,079,669,063.56, reflecting a growth of 6.23% year-on-year [8]. - The weighted average return on net assets was 6.68%, an increase of 0.69% compared to the previous year [8]. - Cash flow from operating activities for the year-to-date was CNY 608,892,240.20, up 42.21% year-on-year [8]. - Investment income rose by 73.83% year-on-year, attributed to increased returns from financial product investments [18]. - The estimated net profit attributable to shareholders for 2016 is expected to range from CNY 889,004,800 to CNY 1,155,706,200, representing a change of 0.00% to 30.00% compared to 2015 [24]. Asset and Liability Changes - Total assets decreased by 7.88% to CNY 6,813,243,320.56 compared to the end of the previous year [8]. - Accounts receivable increased by 49.11% compared to the beginning of the year, due to enhanced collection efforts by subsidiaries [16]. - Tax payable increased by 122.31% compared to the beginning of the year, primarily due to changes in income tax rates and reduced input VAT from material purchases [17]. - Financial expenses increased by 39.99% year-on-year, mainly due to reduced foreign exchange gains from accounts receivable [18]. - Accounts receivable increased by 49.16% compared to the beginning of the period, mainly due to business scale growth [20]. - Prepaid accounts increased by 103.14% compared to the beginning of the period, primarily due to increased advance payments for bulk material purchases [20]. - Deferred tax assets increased by 35.72% compared to the beginning of the period, mainly due to increased deferred tax assets related to payable expenses in subsidiaries [20]. - Construction in progress increased by 42.51% compared to the beginning of the period, primarily due to increased investments in construction by subsidiaries [20]. - Other current assets decreased by 55.82% compared to the beginning of the period, mainly due to a reduction in principal-protected investment products not linked to interest rates [20]. Cash Flow Activities - Net cash flow from operating activities increased by 42.21% year-on-year, mainly due to increased cash inflows from sales of goods and services [21]. - Net cash flow from investing activities decreased by 7461.18% year-on-year, primarily due to expenditures for purchasing minority interests in subsidiaries [21]. - Net cash flow from financing activities increased by 35.60% year-on-year, mainly due to increased dividends compared to the same period last year [21]. Other Information - The company did not engage in any repurchase transactions during the reporting period [13]. - Inventory decreased by 32.37% compared to the beginning of the period, attributed to accelerated inventory turnover and effective inventory control [20].
苏泊尔(002032) - 2016 Q2 - 季度财报
2016-08-30 16:00
Financial Performance - The company's operating revenue for the reporting period was ¥5,751,920,817.78, representing a 6.92% increase compared to ¥5,379,574,852.09 in the same period last year[19]. - The net profit attributable to shareholders was ¥470,536,171.34, which is a 19.10% increase from ¥395,081,399.38 year-on-year[19]. - The net cash flow from operating activities increased by 84.70% to ¥206,636,530.62, up from ¥111,878,359.38 in the previous year[19]. - Basic earnings per share rose to ¥0.748, reflecting a 19.11% increase compared to ¥0.628 in the same period last year[19]. - The total profit amounted to RMB 670,418,267.90, with a year-on-year increase of 22.84%[27]. - The total comprehensive income for the first half of 2016 was CNY 521,713,239.29, compared to CNY 436,954,358.23 in the previous year, reflecting an increase of about 19.4%[122]. - The total profit for the first half of 2016 was CNY 670,418,267.90, up from CNY 545,761,024.33, representing an increase of about 22.8%[121]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,830,761,364.01, a decrease of 7.64% from ¥7,396,105,410.33 at the end of the previous year[19]. - The company's total equity decreased to CNY 3,943,260,206.95 from CNY 5,009,730,562.08, reflecting a decline of about 21.3%[114]. - Total liabilities amounted to CNY 2,887,501,157.06, up from CNY 2,386,374,848.25, indicating an increase of approximately 21%[113]. - The cash and cash equivalents decreased from CNY 1,041,013,222.62 to CNY 638,985,853.81, a decline of approximately 38.6%[111]. - Accounts receivable increased from CNY 1,057,146,368.61 to CNY 1,271,407,998.22, representing a growth of about 20.2%[111]. - Inventory decreased from CNY 1,426,745,280.93 to CNY 1,057,725,660.29, a reduction of approximately 25.9%[111]. Dividends and Shareholder Returns - The company plans not to distribute cash dividends or issue bonus shares for this period[5]. - The company distributed a cash dividend of RMB 5.60 per 10 shares, totaling RMB 353.79 million, based on a total share capital of 631,765,700 shares after deducting repurchased shares[50]. - The net profit distribution to shareholders amounted to -353,788,792.00 yuan, indicating a reduction in retained earnings[145]. Research and Development - Research and development investment increased to RMB 146,387,105.12, a rise of 4.56% year-on-year[29]. - The company launched several innovative products, including the first true grinding soy milk machine and a dual-sided air purifier, which received positive consumer feedback[31]. Corporate Governance and Compliance - The governance structure of the company complies with relevant regulations and there are no unresolved governance issues[55]. - The company has not faced any penalties or rectification issues during the reporting period[83]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[154]. Related Party Transactions - The company engaged in related party transactions, with a total transaction amount of 13,143.0 million yuan, accounting for 3.39% of similar transactions[65]. - The company reported a procurement transaction with Wuhan Anzai Kitchenware Co., Ltd. for 13,143.0 million yuan[66]. - The company reported a total transaction amount of 137,519.67 thousand yuan with SEB Group and its affiliates during the first half of 2016[68]. Stock and Share Structure - The total number of shares decreased from 632,875,188 to 631,765,700 due to the repurchase and cancellation of 1,109,488 shares related to the stock incentive plan[89]. - The company’s stock structure changed with the repurchase of 895,488 shares from the 2012 incentive plan and 214,000 shares from the 2013 incentive plan[95]. - The company has a registered capital of CNY 631,765,700 and a total of 631,765,700 shares outstanding, with 213,697,510 shares subject to trading restrictions and 418,068,190 freely tradable shares[151]. Market Conditions and Future Outlook - The company emphasizes the uncertainty of future plans and potential risks due to market conditions and operational efforts[5]. - The company expects continued growth in the domestic kitchenware and small household appliance sectors compared to the same period in 2015[48]. Financial Reporting and Accounting Policies - The company adheres to the Chinese Accounting Standards, ensuring that its financial reports accurately reflect its financial status and operational results[155]. - The company’s financial reporting period aligns with the calendar year, from January 1 to December 31[156]. - The company’s accounting policies do not indicate any significant changes or estimates that could impact financial reporting[155].
苏泊尔(002032) - 2016 Q1 - 季度财报
2016-04-22 16:00
Financial Performance - The company's operating revenue for Q1 2016 was CNY 3,133,161,846.48, representing a 4.20% increase compared to CNY 3,006,733,799.97 in the same period last year[8]. - Net profit attributable to shareholders was CNY 275,208,073.37, up 19.33% from CNY 230,622,341.99 year-on-year[8]. - Basic earnings per share increased by 19.35% to CNY 0.438, while diluted earnings per share rose by 19.51% to CNY 0.435[8]. - The estimated net profit attributable to shareholders for the first half of 2016 is expected to range from RMB 39.51 million to RMB 51.36 million, reflecting a growth of up to 30%[23]. Cash Flow and Assets - The net cash flow from operating activities surged by 789.52% to CNY 166,782,789.95, compared to CNY 18,749,711.93 in the previous year[8]. - The net increase in cash and cash equivalents rose by 34.93% year-on-year, mainly due to the increase in net cash flow from operating activities[18]. - Total assets at the end of the reporting period were CNY 7,393,660,595.24, a slight decrease of 0.03% from CNY 7,396,105,410.33 at the end of the previous year[8]. - The net assets attributable to shareholders increased by 6.10% to CNY 4,690,626,421.67 from CNY 4,421,103,278.53 at the end of the previous year[8]. Receivables and Inventory - Accounts receivable rose by 35.88%, primarily due to increased collection efforts by subsidiaries[16]. - Prepaid accounts increased by 69.17%, mainly due to higher advance payments for material purchases[16]. - Inventory decreased by 35.45%, attributed to faster inventory turnover and effective inventory control[16]. Liabilities and Expenses - Deferred income tax liabilities increased by 330.74%, mainly due to an increase in receivable investment income[16]. - Operating tax and additional fees increased by 44.57% year-on-year, mainly due to the increase in value-added tax payable this period[17]. - Financial expenses rose by 40.67% year-on-year, primarily due to exchange rate fluctuations affecting the RMB against the USD, resulting in decreased exchange gains[17]. - Asset impairment losses decreased by 107.89% year-on-year, attributed to faster collection of accounts receivable leading to reduced bad debt provisions[17]. Investment and Acquisitions - Investment income increased by 377.57% year-on-year, due to higher returns from principal-protected financial products not linked to interest rates[17]. - The company plans to acquire the "SUPOR" trademark from Supor Group for RMB 50 million to clarify trademark ownership and support future business development[19]. - Fair value changes in financial assets resulted in a gain of RMB 4.21 million during the reporting period, with total investments amounting to RMB 484.21 million[24]. Compliance and Governance - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[25][26].
苏泊尔(002032) - 2015 Q4 - 年度财报
2016-03-24 16:00
Financial Performance - The company's operating revenue for 2015 was CNY 10,909,686,625.90, representing a 14.42% increase compared to CNY 9,534,643,945.84 in 2014[16]. - The net profit attributable to shareholders for 2015 was CNY 889,004,773.99, an increase of 28.86% from CNY 689,892,322.91 in 2014[16]. - The net profit after deducting non-recurring gains and losses was CNY 830,296,996.82, up 25.32% from CNY 662,562,169.90 in 2014[16]. - The total profit for the year was CNY 1,173,682,410.74, an increase of 29.25% compared to the previous year[34]. - Earnings per share rose to CNY 1.416, reflecting a year-on-year increase of 28.84%[34]. - The basic earnings per share for 2015 was CNY 1.416, reflecting a 28.84% increase from CNY 1.099 in 2014[16]. - The weighted average return on equity for 2015 was 21.90%, an increase from 19.63% in 2014[16]. - The company reported a total comprehensive income of CNY 990,355,660.41, compared to CNY 764,146,703.19 in the previous year, marking a growth of 29.6%[193]. Revenue Breakdown - Revenue from the cookware segment was CNY 4,393,613,399.33, growing by 13.08% year-on-year[34]. - Revenue from the electrical appliances segment reached CNY 6,375,125,009.83, with a year-on-year growth of 16.28%[34]. - Domestic sales generated CNY 7,154,987,831.74, marking a 15.17% increase year-on-year[34]. - International sales amounted to CNY 3,639,862,103.98, reflecting a growth of 14.43% year-on-year[34]. Cash Flow and Assets - The net cash flow from operating activities reached CNY 1,133,089,710.67, a 35.99% increase from CNY 833,189,311.71 in 2014[16]. - Cash and cash equivalents increased by 67.72%, primarily due to profit growth contributing to higher cash inflows[29]. - The total assets at the end of 2015 were CNY 7,396,105,410.33, an increase of 11.49% from CNY 6,633,644,956.98 at the end of 2014[16]. - The company's cash and cash equivalents rose to CNY 452,950,870.93 from CNY 132,101,639.38, showing a substantial increase of 242.5%[186]. - The company's inventory decreased from CNY 1,568,475,227.88 to CNY 1,426,745,280.93, indicating a reduction of approximately 9%[183]. Market Position and Strategy - The small appliances segment's market share reached 24.5%, an increase of 2.0 percentage points year-on-year, ranking second in the industry[37]. - The company maintained a market share of 45.8% in core cookware categories, up 0.5 percentage points from the previous year[36]. - The company launched the industry's first steam ball IH rice cooker in 2015, continuing to lead product innovation[31]. - The company’s strategic focus on product innovation and market expansion has solidified its position as an industry leader[36]. - Supor aims to further expand SEB product orders and leverage SEB's advantages in product research, design, and manufacturing to enhance core competitiveness[71]. Shareholder and Governance - SEB Group holds a 73.13% stake in the company, enhancing its manufacturing capabilities and market reach[32]. - The company has committed to maintaining operational efficiency and enhancing competitiveness through strategic investments and market expansion initiatives[71]. - The company has appointed Tianjian Accounting Firm as its auditor, with a remuneration of 1.45 million yuan, and has maintained this auditor for 16 years[84]. - The company has implemented two stock incentive plans, with 554,000 shares unlocked for 111 eligible participants in the first unlocking period[88]. - The company reported a total of 10,222 shareholders at the end of the reporting period[125]. Corporate Social Responsibility - The company actively participates in social welfare, having built 20 Supor primary schools across 11 provinces in western China, supporting local education development[111]. - The company organized its first public welfare week, where employees donated to provide warm clothing for over 600 impoverished children in Liangshan, Sichuan[111]. Internal Control and Compliance - Supor Company maintained effective internal control over financial reporting as of December 31, 2015, with no significant deficiencies identified in the internal control audit report[175]. - The company has implemented necessary internal controls to prevent material misstatements in financial reporting due to fraud or error[178]. - The audit opinion issued by Tianjian Accounting Firm confirmed that the financial statements fairly reflect the company's financial position and results of operations for the year ended December 31, 2015[180].
苏泊尔(002032) - 2015 Q3 - 季度财报
2015-10-23 16:00
Financial Performance - Net profit attributable to shareholders rose by 36.83% to CNY 241,926,923.27 for the reporting period[7] - Operating revenue for the period reached CNY 2,899,046,891.52, reflecting a 14.93% increase year-on-year[7] - The basic earnings per share increased by 36.92% to CNY 0.382[7] - Investment income rose by 39.34% year-on-year, attributed to higher returns from financial product investments[16] - Operating income increased by 39.70% year-on-year, primarily due to increased subsidy income[16] - Income tax expenses increased by 50.08% year-on-year, driven by total profit growth and changes in tax rates for the parent company and subsidiaries[16] - The estimated net profit attributable to shareholders for 2015 is expected to range from 68,989.23 to 89,686 million CNY, representing a change of 0.00% to 30.00%[21] Asset Management - Total assets increased by 7.09% to CNY 7,104,156,305.81 compared to the end of the previous year[7] - Accounts receivable increased by 73.77% compared to the beginning of the period, driven by business growth[15] - Inventory decreased by 35.55% compared to the beginning of the period due to consumption of finished products[15] - Deferred tax liabilities increased by 197.05% compared to the beginning of the period, mainly due to increased temporary differences from interest receivables and investment income[15] - Asset impairment losses increased by 850.89% year-on-year, primarily due to increased inventory write-downs for stagnant products[16] - Fair value changes in profit and loss increased by 45,581.98% year-on-year, mainly due to increased fair value gains from unliquidated financial products[16] Cash Flow - The company reported a net cash flow from operating activities of CNY 428,149,213.16, down 27.34% year-to-date[7] - Net cash flow from investing activities increased by 97.40% year-on-year, mainly due to reduced expenditures on time deposits[17] - The impact of exchange rate fluctuations on cash increased by 416.80% year-on-year, attributed to gains from the fluctuation of the RMB against the USD[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,159[11] Strategic Outlook - The company maintains a positive growth strategy, leading to stable and continuous performance growth[21] - The weighted average return on equity was 5.99%, an increase of 0.95% compared to the same period last year[7]
苏泊尔(002032) - 2015 Q2 - 季度财报
2015-08-27 16:00
Financial Performance - The company's operating revenue for the first half of 2015 was ¥5,379,574,852.09, representing a 15.87% increase compared to ¥4,642,903,746.81 in the same period last year[19]. - The net profit attributable to shareholders was ¥395,081,399.38, up 19.20% from ¥331,448,600.90 year-on-year[19]. - The net profit after deducting non-recurring gains and losses was ¥362,593,758.54, reflecting a 16.24% increase from ¥311,931,067.60 in the previous year[19]. - The basic earnings per share increased to ¥0.623, a rise of 19.12% compared to ¥0.523 in the same period last year[19]. - The total profit for the period was RMB 545,761,024.33, an increase of 22.81% compared to the previous year[27]. - The main business income was RMB 5,354,662,763.11, up 16.85% year-on-year, driven by growth in cookware and electrical appliances[28]. - The gross profit margin for the main business was 29.03%, a decrease of 0.90% from the previous year, attributed to changes in product and customer structure[29]. - The company reported a total comprehensive income of CNY 436,954,358.23, an increase of 19.8% from CNY 364,706,231.06 in the same period last year[116]. Cash Flow and Investments - The net cash flow from operating activities was ¥111,878,359.38, down 66.01% from ¥329,143,759.11 in the same period last year[19]. - The net cash flow from investment activities was -¥494,675,296.49, significantly lower than -¥45,728,033.42 in the previous period, indicating increased investment outflows[125]. - The company's cash and cash equivalents increased to ¥694,987,606.91 from ¥620,684,489.46, representing a growth of approximately 11.0%[105]. - The company invested RMB 139,998,902.78 in R&D, which is a 10.51% increase from the previous year[29]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,524,533,864.22, a decrease of 1.64% from ¥6,633,644,956.98 at the end of the previous year[19]. - The total liabilities decreased to ¥2,074,590,275.64 from ¥2,354,828,641.84, indicating a reduction in financial obligations[107]. - The company's total equity rose to ¥4,449,943,588.58 from ¥4,278,816,315.14, reflecting a growth in shareholder value[108]. - Accounts receivable rose to ¥1,330,898,287.49 from ¥1,004,256,291.61, indicating an increase of about 32.4%[105]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this period[4]. - The company distributed a cash dividend of RMB 4.30 per 10 shares, totaling RMB 272,136,330.84, approved at the 2014 annual general meeting[51]. - The total number of shareholders at the end of the reporting period was 12,354[92]. - SEB International holds 71.55% of the shares, totaling 452,832,233 shares[92]. Market and Competitive Position - The company faces risks including declining market demand due to macroeconomic conditions, intensified industry competition, and fluctuations in raw material prices[4]. - The "Fresh Breath" series electric pressure cooker has captured over 31% market share since its launch, enhancing the company's product competitiveness[30]. - Domestic sales accounted for RMB 3,670,416,189.37, growing by 15.41%, while foreign trade sales reached RMB 1,684,246,573.74, increasing by 20.12%[33]. Corporate Governance and Compliance - The company is committed to improving corporate governance and has revised its articles of association during the reporting period[56]. - No significant litigation or arbitration matters occurred during the reporting period[57]. - The company did not undergo any bankruptcy reorganization during the reporting period[58]. - The half-year financial report was not audited[82]. Incentive Plans and Stock Management - The company implemented a stock option and restricted stock incentive plan, with 554,000 shares unlocked in the first phase[62]. - A total of 2,142,624 stock options were canceled, and 978,252 restricted stocks were repurchased and canceled due to unmet performance criteria[63]. - The incentive plan is expected to enhance management efficiency and shareholder value despite minor impacts on net profit due to expense amortization[65]. Financial Reporting and Accounting Policies - The financial statements are prepared based on the assumption of going concern, indicating no significant doubts about the company's ability to continue operations[141]. - The company adheres to the accounting standards for enterprises, ensuring that financial reports accurately reflect its financial status and operating results[142]. - The company categorizes financial assets into four types, including financial assets measured at fair value with changes recognized in profit or loss[154].