美的集团(000333) - 2022 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2022 reached CNY 90,381,167, representing a 9.55% increase compared to the same period last year[2]. - Net profit attributable to shareholders was CNY 7,177,925, marking a 10.97% year-over-year growth[2]. - The net profit after deducting non-recurring gains and losses was CNY 6,993,023, which is a 5.17% increase from the previous year[2]. - The basic earnings per share (EPS) increased to CNY 1.06, up 13.98% from CNY 0.93 in the same period last year[2]. - Midea Group's total operating revenue for Q1 2022 reached RMB 90,938,820, an increase from RMB 83,017,120 in Q1 2021, representing a growth of approximately 10.4%[13]. - The company's net profit attributable to shareholders for Q1 2022 was RMB 7,177,925, compared to RMB 6,468,588 in Q1 2021, reflecting a year-on-year increase of about 10.9%[13]. - Midea Group's total comprehensive income for Q1 2022 reached RMB 7,412,851 thousand, an increase from RMB 6,526,830 thousand in Q1 2021, representing a growth of approximately 13.5%[14]. - Basic earnings per share for Q1 2022 were RMB 1.06, compared to RMB 0.93 in Q1 2021, reflecting an increase of about 14%[14]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 407,842,387, reflecting a 5.13% increase from the end of the previous year[2]. - Midea Group's total assets reached RMB 407.84 billion as of March 31, 2022, an increase from RMB 387.95 billion at the end of 2021, representing a growth of approximately 4.8%[11]. - Midea's total liabilities as of March 31, 2022, amounted to RMB 264,979,797, up from RMB 253,121,028 at the end of 2021, indicating a growth of approximately 4.9%[12]. - The company reported a significant increase in other current assets by 40.14%, primarily due to an increase in monetary investment products[7]. - The total current assets of Midea Group amounted to RMB 263.26 billion, compared to RMB 248.86 billion at the end of 2021, marking an increase of approximately 5.8%[11]. - Non-current assets totaled RMB 144.58 billion, up from RMB 139.08 billion at the end of 2021, reflecting a growth of about 4.0%[11]. - Midea's goodwill stood at RMB 27.37 billion, slightly down from RMB 27.87 billion at the end of 2021, indicating a decrease of approximately 1.8%[11]. Cash Flow - The net cash flow from operating activities decreased by 6.72% to CNY 7,978,986[2]. - Cash inflow from operating activities totaled RMB 82,312,979 thousand in Q1 2022, up from RMB 75,705,532 thousand in Q1 2021, indicating a growth of approximately 8.5%[15]. - The net cash flow from operating activities was RMB 7,978,986 thousand, a decrease from RMB 8,553,861 thousand in Q1 2021, showing a decline of about 6.7%[15]. - The company reported a net cash outflow from investing activities of RMB 11,536,258 thousand in Q1 2022, compared to a net outflow of RMB 932,059 thousand in Q1 2021, indicating a significant increase in investment expenditures[15]. - Total cash inflow from financing activities was RMB 10,930,624 thousand in Q1 2022, down from RMB 12,527,703 thousand in Q1 2021, reflecting a decrease of about 12.8%[16]. - The company’s cash outflow for financing activities totaled RMB 2,343,479 thousand in Q1 2022, compared to RMB 16,065,667 thousand in Q1 2021, indicating a substantial reduction in financing costs[16]. - The company's cash and cash equivalents amounted to RMB 69.85 billion, a decrease from RMB 71.88 billion at the end of 2021, reflecting a decline of about 2.9%[11]. - Cash and cash equivalents at the end of Q1 2022 amounted to RMB 45,555,113 thousand, an increase from RMB 27,582,149 thousand at the end of Q1 2021, representing a growth of approximately 65%[16]. - The company reported a net increase in cash and cash equivalents for Q1 2022 was RMB 5,005,074 thousand, compared to RMB 4,033,640 thousand in Q1 2021, reflecting a growth of about 24%[16]. Shareholder Information - Shareholders' equity attributable to the parent company was CNY 132,301,754, which is a 5.95% increase compared to the previous year[2]. - The total equity attributable to shareholders of the parent company was RMB 132,301,754 as of March 31, 2022, up from RMB 124,868,124 at the end of 2021, indicating an increase of about 5.7%[12]. - The company’s total share capital as of the last trading day before disclosure was 6,997,053,441 shares[3]. - The top ten shareholders collectively hold a significant portion of the company's shares, with Midea Holdings Co., Ltd. alone holding 2.17 billion shares, representing a substantial stake in the company[9]. - The company reported a total of 126.98 million shares held in its repurchase account, accounting for 1.81% of total shares[9]. Expenses - Research and development expenses for Q1 2022 were RMB 2,926,616, compared to RMB 2,519,694 in Q1 2021, showing an increase of approximately 16.2%[13]. - Midea's operating costs for Q1 2022 totaled RMB 82,511,495, up from RMB 75,354,650 in Q1 2021, which is an increase of about 9.4%[13]. - Midea's financial income for Q1 2022 was RMB 1,155,050, compared to RMB 960,112 in Q1 2021, representing a growth of approximately 20.3%[13]. - Midea's contract liabilities increased to RMB 26,513,521 as of March 31, 2022, compared to RMB 23,916,595 at the end of 2021, reflecting a growth of approximately 12.3%[12]. - The company experienced a 120.64% increase in interest expenses, attributed to changes in financial business operations[7].