Chengdu Rainbow Appliance(Group) Shares (003023)

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彩虹集团(003023) - 2022 Q4 - 年度财报
2023-04-24 16:00
Financial Performance - The company's operating revenue for 2022 was CNY 1,176,737,730.86, representing a 2.85% increase compared to CNY 1,144,149,048.63 in 2021[6]. - The net profit attributable to shareholders decreased by 14.62% to CNY 94,659,276.52 in 2022 from CNY 110,867,487.91 in 2021[6]. - The net cash flow from operating activities increased significantly by 72.12% to CNY 109,129,812.55 in 2022, compared to CNY 63,404,658.21 in 2021[6]. - The total assets at the end of 2022 were CNY 1,981,035,860.74, a 3.15% increase from CNY 1,920,587,724.05 at the end of 2021[6]. - The company reported a basic earnings per share of CNY 0.90, down 14.29% from CNY 1.05 in 2021[6]. - The weighted average return on equity decreased to 6.88% in 2022 from 8.51% in 2021, indicating a decline in profitability[6]. - In 2022, the company achieved an operating revenue of 1,176.74 million yuan, representing a year-on-year growth of 2.85%[43]. - The net profit attributable to shareholders was 94.66 million yuan, a decrease of 14.62% year-on-year, while the net profit after deducting non-recurring gains and losses was 91.01 million yuan, down 13.33% year-on-year[43]. Market Position and Strategy - The company has a strong market position in the home heating and sanitation sectors, with a leading market share in electric blankets for three consecutive years[29]. - The company is focusing on innovation and development of high-end, health-oriented, and smart home appliance products to meet changing consumer demands[26]. - The company aims to enhance production efficiency and reduce costs through the adoption of automated manufacturing equipment[27]. - The overall home appliance market is facing challenges due to slowing domestic demand and declining external demand, necessitating cost-cutting and efficiency improvements[26]. - The company is actively involved in setting industry standards, holding positions in various national committees related to home appliances and daily necessities[30]. - The company is expanding its market presence through both online and offline channels, with a steady increase in online sales revenue[41]. - The company plans to expand its market presence in Central and South China, particularly promoting electric mosquito swatters and solidifying its market share in electric blankets[93]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[187]. Risk Management - The company emphasizes the importance of risk awareness regarding brand counterfeiting, intensified market competition, extreme weather, operational models, and rising raw material prices[4]. - The company has a comprehensive risk management strategy to address potential market challenges[4]. - Risks include brand counterfeiting, intensified market competition, extreme weather impacts, and rising raw material costs, with strategies in place to mitigate these risks[94][95]. Research and Development - The company emphasizes R&D, collaborating with universities and research institutions to drive innovation in product development[39]. - Increased investment in technology R&D is prioritized, focusing on developing differentiated products and core technologies such as PTC and NTC for electric blankets[93]. - The company is investing 50 million yuan in research and development for new energy-efficient appliances, targeting a 30% reduction in energy consumption[118]. - Research and development expenses increased by 30% in 2022, totaling 100 million yuan, aimed at enhancing product innovation[187]. Corporate Governance - The company maintains complete independence from its controlling shareholders in terms of assets, personnel, finance, organization, and business operations[104]. - The company has established a transparent performance evaluation and incentive mechanism, linking compensation and performance to enhance employee motivation[102]. - The company has established a comprehensive governance structure, including various committees under the board to facilitate scientific decision-making[100]. - The board of directors consists of 9 members, including 3 independent directors, and held 4 meetings during the reporting period to ensure compliance with relevant laws and regulations[100]. Employee and Management - The total number of employees at the end of the reporting period is 2,983, including 1,622 at the parent company and 1,361 at major subsidiaries[139]. - The company has a management team with diverse backgrounds, including engineering and business administration, enhancing its operational capabilities[111]. - The company has a performance-based remuneration system for its senior management, which includes a basic annual salary and year-end performance bonuses[124]. - The company has been recognized as a "2022 Chengdu Enterprise Talent Work Station," with employees receiving accolades for their craftsmanship[143]. Environmental Responsibility - The company has implemented effective measures for pollution control, with all emissions meeting regulatory standards[160]. - The company is committed to sustainability, aiming for a 50% reduction in carbon emissions by 2030[196]. - The company has established a social responsibility management system as a key support for sustainable development, including a dedicated management team[168]. - The company has actively participated in social welfare activities, contributing a total of CNY 649,600 to various charitable causes during the reporting period[175]. Shareholder Engagement - The company plans to distribute a cash dividend of 3.50 CNY per 10 shares for the 2022 profit distribution, totaling 36,869,560.00 CNY[148]. - The company has established a continuous and stable investor return mechanism, emphasizing cash dividends to shareholders[169]. - The company will ensure that any share reductions are conducted transparently and in accordance with market regulations[188]. Future Outlook - The company plans to launch three new product lines in 2023, focusing on energy-efficient appliances[185]. - The company has set a performance guidance of 12% revenue growth for 2023, supported by ongoing marketing initiatives and product innovation[118]. - The company anticipates a mixed outlook for 2023, with both opportunities and challenges in the economic environment affecting consumer behavior[92].
彩虹集团(003023) - 2023 Q1 - 季度财报
2023-04-24 16:00
Financial Performance - The company's operating revenue for Q1 2023 was ¥275,675,619.79, representing a 14.01% increase compared to ¥241,792,636.94 in the same period last year[4] - Net profit attributable to shareholders for Q1 2023 was ¥28,614,703.68, up 14.12% from ¥25,074,741.72 in Q1 2022[4] - Basic earnings per share for Q1 2023 were ¥0.27, a 12.50% increase from ¥0.24 in Q1 2022[4] - The net profit for Q1 2023 reached CNY 28,901,056.34, representing a growth of 17.0% from CNY 24,626,495.85 in Q1 2022[19] - The earnings per share (EPS) for Q1 2023 was CNY 0.27, compared to CNY 0.24 in Q1 2022, reflecting a 12.5% increase[20] Assets and Equity - Total assets at the end of Q1 2023 reached ¥2,176,174,652.47, reflecting a 9.85% increase from ¥1,981,035,860.74 at the end of the previous year[5] - Shareholders' equity attributable to the parent company was ¥1,439,126,529.92, up 2.05% from ¥1,410,267,469.65 at the end of the previous year[5] - The total assets as of the end of Q1 2023 amounted to CNY 2,176,174,652.47, up from CNY 1,981,035,860.74 at the end of Q1 2022, indicating a growth of 9.8%[16] - The total equity attributable to shareholders of the parent company was CNY 1,439,126,529.92, up from CNY 1,410,267,469.65, marking a growth of 2.0%[16] Cash Flow - The net cash flow from operating activities increased by 68.47% to ¥229,790,424.93, compared to ¥136,395,293.35 in the previous year[10] - The cash inflow from operating activities totaled CNY 562,110,185.02, an increase of 18.3% compared to CNY 475,181,315.05 in the previous period[23] - The net cash flow from operating activities was CNY 229,790,424.93, up 68.5% from CNY 136,395,293.35 in the prior period[23] - The cash inflow from investment activities amounted to CNY 89,418,592.43, a rise of 48.9% compared to CNY 60,022,476.40 last period[23] - The net cash flow from investment activities was CNY 38,727,209.55, recovering from a negative CNY 41,860,660.10 in the previous period[23] - The cash outflow from financing activities was CNY 14,421,377.04, compared to CNY 64,177.77 in the prior period[23] - The net increase in cash and cash equivalents was CNY 254,096,231.35, significantly higher than CNY 102,790,832.12 in the previous period[24] - The ending balance of cash and cash equivalents reached CNY 869,040,630.53, up from CNY 570,142,561.56 at the end of the previous period[24] Liabilities - The total liabilities for Q1 2023 were CNY 705,193,084.08, an increase of 30.8% from CNY 539,268,504.94 in Q1 2022[16] - The company reported a significant increase in contract liabilities, which rose to CNY 390,883,438.33 from CNY 231,569,032.34, reflecting a growth of 68.9%[16] Research and Development - The company continues to invest in research and development, with R&D expenses totaling CNY 6,925,822.70 for Q1 2023, slightly down from CNY 7,261,731.63 in Q1 2022[19] Government Subsidies - The company received government subsidies amounting to ¥688,035.06 during the reporting period[7] Shareholder Information - The company reported a total of 23,276 common shareholders at the end of the reporting period[12] Return on Equity - The company’s weighted average return on equity for Q1 2023 was 2.01%, an increase of 0.17% from 1.84% in the same period last year[4] Inventory - The company’s inventory at the end of Q1 2023 was ¥556,505,827.89, compared to ¥496,326,867.91 at the beginning of the year[14] Taxation - The company paid CNY 49,901,490.50 in taxes, an increase from CNY 24,525,508.39 in the previous period[23] Other Operating Activities - The company reported a decrease in cash received from other operating activities to CNY 4,899,505.69 from CNY 5,440,824.07 in the prior period[23]
彩虹集团(003023) - 彩虹集团调研活动信息
2022-11-21 15:48
证券代码:003023 证券简称:彩虹集团 成都彩虹电器(集团)股份有限公司 投资者关系活动记录表 编号:2021-004 | --- | --- | --- | |-------------------------|------------------------------------------------------------|--------------------------------------------------------------| | | | | | | 特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活动类 | □新闻发布会 □路演活动 | | | 别 | 现场参观 | | | | □其他(请文字说明其他活动内容) | | | 参与单位名称及人 员姓名 | 东腾创新投资股份有限公司总经理 | : 王安亚 | | 时间 | 2021 年 11 月 12 日 | 15:30-17:00 | | 地点 | 公司住所(成都市武侯区武侯大道顺江段 视频连线方式进行。 | 73 号),本次调研活动以 | | 上市公司接待人员 | 董事长:刘荣富 ...
彩虹集团(003023) - 彩虹集团调研活动信息
2022-11-21 15:48
证券代码:003023 证券简称:彩虹集团 1 成都彩虹电器(集团)股份有限公司 投资者关系活动记录表 编号:2021-002 | --- | --- | --- | |-------------------------|--------------------------------------|--------------------------------------------------------------| | | | | | | 特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活动 | □新闻发布会 □路演活动 | | | 类别 | 现场参观 | | | | □其他(请文字说明其他活动内容) | | | 参与单位名称及 人员姓名 | 安信证券股份有限公司:张立聪、余昆 | | | 时间 | 2021 年 11 月 5 日 | 10:00-11:50 | | 地点 | 公司住所(成都市武侯区武侯大道顺江段 | 73 号) | | 上市公司接待人 | 董事会秘书 / 副总经理:张浩军 | | | 员姓名 | 证券事务专员:王婷 | | | | | 一、 ...
彩虹集团(003023) - 彩虹集团调研活动信息
2022-11-21 15:48
1 证券代码:003023 证券简称:彩虹集团 成都彩虹电器(集团)股份有限公司 投资者关系活动记录表 编号:2021-003 | --- | --- | --- | |-------------------------|--------------------------------------|--------------------------------------------------------------| | | | | | | 特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活动 | □新闻发布会 □路演活动 | | | 类别 | 现场参观 | | | | □其他(请文字说明其他活动内容) | | | 参与单位名称及 人员姓名 | 股东:罗国安 | | | 时间 | 年 月 日 | | | | 2021 11 8 | 15:00-16:30 | | 地点 | 公司住所(成都市武侯区武侯大道顺江段 | 73 号) | | 上市公司接待人 | 董事 / 总经理:黄朝万 | | | 员姓名 | 董事会秘书 / 副总经理:张浩军 | | | | 证券事务 ...
彩虹集团(003023) - 彩虹集团调研活动信息
2022-11-21 15:34
证券代码:003023 证券简称:彩虹集团 成都彩虹电器(集团)股份有限公司 投资者关系活动记录表 编号:2021-005 | --- | --- | --- | |-------------------------|--------------------------------------------------------------------|-----------------------------------------------------------------------------------------| | | 特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活动类 | □新闻发布会 □路演活动 | | | 别 | 现场参观 | | | | □其他(请文字说明其他活动内容) | | | 参与单位名称及人 | 华孚控股有限公司投资总监:陈金东 | | | 员姓名 | | | | 时间 | 2021 年 12 月 23 日 | 10:00-11:30 | | 地点 上市公司接待人员 | 公司住所(成都市武侯区武侯大道顺江段 董事会秘书 / 副 ...
彩虹集团(003023) - 彩虹集团调研活动信息
2022-11-21 05:30
证券代码:003023 证券简称:彩虹集团 成都彩虹电器(集团)股份有限公司 投资者关系活动记录表 编号:2022-001 | --- | --- | --- | |------------------------|------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
彩虹集团(003023) - 彩虹集团调研活动信息
2022-11-14 10:35
证券代码:003023 证券简称:彩虹集团 成都彩虹电器(集团)股份有限公司 投资者关系活动记录表 编号:2022-004 | --- | --- | --- | |---------------|-------------------------------------------------------------|----------------------------------------------------------| | | 特定对象调研 □分析师会议 | | | | 媒体采访 | □业绩说明会 | | 投资者关系 | □新闻发布会 □路演活动 | | | 活动类别 | □现场参观 | | | | □其他(请文字说明其他活动内容) | | | | 参与单位名称及人员姓名: | | | | 1 、西南证券:夏勤 | | | 活动参与人 员 | 2 、中信保诚基金管理有限公司:邹伟 上市公司接待人员姓名 | | | | 1 、董事会秘书/副总经理:张浩军 | | | | 2 、证券事务:倪帆 | | | 时间 | 2022 年 9 月 22 日 | 10:00-11:00 | | 地点 | 公 ...
彩虹集团(003023) - 彩虹集团调研活动信息
2022-11-11 03:03
证券代码:003023 证券简称:彩虹集团 成都彩虹电器(集团)股份有限公司 投资者关系活动记录表 编号:2022-005 | --- | --- | --- | |---------------|---------------------------------------------------------------------------|--------------------------------------------------------| | | | 特定对象调研 □分析师会议 | | | 媒体采访 | □业绩说明会 | | 投资者关系 | □新闻发布会 □路演活动 | | | 活动类别 | □现场参观 | | | | □其他(请文字说明其他活动内容) | | | | 参与单位名称及人员姓名: | | | | 1 | 、广东谢诺辰阳私募证券投资管理有限公司:程浩然 | | | 2、天府对冲基金学会:徐涵 | | | | 3 、中国国际金融股份有限公司:戎姜斌 | 何伟 褚君 | | 活动参与人 | 4 、天风证券股份有限公司:孙谦 | 于雪娇 | | 员 | 5 | 、正心谷上海投资管理 ...
彩虹集团(003023) - 2022 Q3 - 季度财报
2022-10-25 16:00
Financial Performance - Revenue for Q3 2022 was CNY 136,895,339.56, a decrease of 16.39% compared to the same period last year[4] - Net profit attributable to shareholders was CNY -1,371,770.52, down 124.58% year-on-year[4] - Basic and diluted earnings per share were both CNY -0.0130, a decline of 124.53% compared to the previous year[4] - The company experienced a 32.25% decrease in net profit attributable to shareholders for the first nine months of 2022, totaling CNY 60,168,893.95[7] - The company's net profit for the third quarter was RMB 70,448,796.17, compared to RMB 109,553,540.09 in the previous year, reflecting a decline of 35.7%[16] - The net profit for Q3 2022 was ¥60,102,212.07, a decrease of 34.8% compared to ¥92,323,779.54 in the same period last year[18] - The net profit attributable to shareholders of the parent company was ¥60,168,893.95, down 32.4% from ¥88,804,065.23 in the previous year[18] Cash Flow and Liquidity - Net cash flow from operating activities increased by 102.19% to CNY 140,663,331.99 for the year-to-date[7] - Operating cash flow for the period was ¥140,663,331.99, an increase of 102.4% from ¥69,570,016.50 in the previous year[20] - Total cash inflow from operating activities was ¥957,159,624.31, down 2.2% from ¥978,972,705.13 in the same period last year[20] - Cash and cash equivalents at the end of the period amounted to ¥674,863,536.22, a decrease of 7.2% from ¥727,728,853.24 at the end of the previous year[21] - The company reported a net cash outflow from financing activities of ¥50,591,782.66, compared to a net outflow of ¥66,433,400.22 in the same period last year[21] - Cash inflow from investment activities was ¥443,179,125.16, significantly higher than ¥65,232.00 in the previous year[20] - The company received ¥158,000,000.00 from the recovery of investments during the period[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,033,123,641.57, reflecting a 5.86% increase from the end of the previous year[4] - As of September 30, 2022, total assets amounted to RMB 2,033,123,641.57, an increase from RMB 1,920,587,724.05 at the beginning of the year[16] - Current assets totaled RMB 1,606,396,956.42, up from RMB 1,514,117,718.08 at the start of the year, indicating a growth of 6.5%[14] - The total liabilities as of September 30, 2022, were RMB 627,268,964.20, compared to RMB 541,018,356.33 at the beginning of the year, reflecting an increase of 16%[15] Shareholder Information - Shareholders' equity attributable to shareholders was CNY 1,375,197,408.54, up 2.09% from the previous year-end[4] - The total number of ordinary shareholders at the end of the reporting period was 33,062[10] - The company's equity attributable to shareholders was RMB 1,375,197,408.54, up from RMB 1,347,049,255.83 at the start of the year, showing a growth of 2.1%[15] Operational Challenges - The decline in revenue and profit was attributed to adverse weather conditions and production halts due to power restrictions and pandemic control measures[7] Research and Development - Research and development expenses for the third quarter were RMB 19,220,749.69, a decrease of 16.5% compared to RMB 22,890,234.97 in the previous year[16] Non-Recurring Items - Non-recurring gains and losses for the reporting period amounted to CNY 1,235,659.98[5]