苏泊尔(002032) - 2024 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2024 was CNY 10,964,777,968.45, representing a 9.84% increase compared to CNY 9,982,616,440.73 in the same period last year[20]. - The net profit attributable to shareholders was CNY 940,593,117.65, up 6.81% from CNY 880,618,279.78 year-on-year[20]. - The net profit after deducting non-recurring gains and losses was CNY 922,655,960.65, reflecting a 7.61% increase from CNY 857,420,949.15 in the previous year[20]. - The basic earnings per share increased to CNY 1.181, a rise of 7.66% compared to CNY 1.097 in the same period last year[20]. - The diluted earnings per share also rose to CNY 1.181, marking a 7.85% increase from CNY 1.095 year-on-year[20]. - The weighted average return on equity improved to 15.45%, an increase of 2.16 percentage points from 13.29% in the previous year[20]. - The company achieved a total revenue of RMB 10,964,777,968.45, representing a year-on-year increase of 9.84%[44]. - The net profit attributable to shareholders reached RMB 940,593,117.65, up 6.81% compared to the previous year[44]. - The revenue from foreign trade business increased significantly by 38.78% year-on-year, amounting to RMB 3,400,896,802.76[44]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,102,810,216.79, down 15.29% from CNY 13,106,703,607.00 at the end of the previous year[20]. - The net assets attributable to shareholders decreased to CNY 5,106,521,012.48, a decline of 19.52% from CNY 6,345,333,020.11 at the end of the previous year[20]. - Cash and cash equivalents decreased to ¥1,994,094,960.25, accounting for 17.96% of total assets, down from 27.07% last year, a decrease of 9.11% due to dividend payments[52]. - Accounts receivable increased to ¥3,279,868,209.80, representing 29.54% of total assets, up from 21.81% last year, an increase of 7.73% attributed to higher sales receivables[52]. - Inventory stood at ¥1,991,855,309.66, maintaining a stable proportion of 17.94% of total assets, with no significant changes reported[52]. - Total liabilities of the company at the end of the current period are CNY 521,010,000[168]. Cash Flow - The net cash flow from operating activities was CNY 548,524,464.81, a slight decrease of 1.17% from CNY 555,040,511.12 in the same period last year[20]. - Cash inflow from investment activities totaled CNY 2,256,035,340.47, a decrease of 16.5% compared to CNY 2,700,957,313.50 in the first half of 2023[162]. - Net cash flow from investment activities increased significantly to CNY 1,910,642,639.60, up 75.7% from CNY 1,087,172,418.94 in the previous year[162]. - Cash outflow from financing activities was CNY 2,398,906,143.14, a decrease of 14.2% from CNY 2,702,575,787.61 in the first half of 2023[162]. - The company reported a net increase in cash and cash equivalents of CNY 262,818,756.57, compared to a decrease of CNY 1,051,713,681.08 in the first half of 2023[163]. Market Performance - The company achieved a slight increase in revenue during the first half of 2024, outperforming the industry average due to strong channel competitiveness and continuous innovation[30]. - In the online market for cookware, the company's market share continued to grow, leading the second brand by over 4 times, while offline market share reached nearly 50%, maintaining the industry’s top position[30]. - The company’s kitchen small appliances segment saw improved market performance, with sales in key categories like rice cookers and electric pressure cookers solidifying its leadership position[31]. - The company’s gas stove category maintained the industry’s leading position in online market share during the first half of 2024[33]. - The company’s vacuum cleaner market share increased to first among domestic brands and second in the industry overall[33]. Product Development and Innovation - The company launched a new titanium non-stick frying pan, promoting it as "non-stick, non-rust, no maintenance required," marking a significant innovation in the cookware market[32]. - The company expanded its product lines to include new categories such as desktop water dispensers and ice makers, enhancing its AIOT smart product offerings[33]. - The company plans to upgrade product structures and explore new categories and scenarios to stimulate demand in the kitchenware and small appliance market[68]. - The company plans to focus on product innovation to enhance its competitive edge and aims to capture a leading market share in the mid-to-high price segments[69]. Research and Development - The company invested RMB 204,504,710.21 in R&D, reflecting a 17.27% increase from the previous year[46]. - Research and development expenses rose to ¥204,504,710.21, a 17.26% increase from ¥174,383,802.42 in the previous year[154]. Social Responsibility and Environmental Initiatives - The company has made significant efforts to support rural revitalization and improve educational conditions in underdeveloped areas through donations and resource allocation[88]. - The company has established 28 Supor primary schools in remote mountainous areas and plans to build one more in the first half of 2024[89]. - The company actively promotes the use of recycled aluminum and stainless steel to reduce carbon footprints in its supply chain[88]. - The company successfully implemented a photovoltaic project at its Vietnam base, achieving grid-connected power generation, contributing to a reduction of carbon emissions by 93,020 tons[88]. - The company reported a total environmental protection investment of CNY 12.809 million during the reporting period, with an environmental protection tax payment of CNY 31,700[86]. Shareholder and Equity Information - The total number of shares decreased from 806,708,657 to 801,558,657 due to the cancellation of 5,150,000 shares[124]. - The company repurchased a total of 8,150,000 shares, accounting for 1.01% of the total share capital, with a total expenditure of 400.08 million[126]. - The total number of ordinary shareholders at the end of the reporting period was 16,007[132]. - SEB INTERNATIONALE S.A.S held 83.17% of the shares, totaling 666,681,904 ordinary shares[132]. Related Party Transactions - The total amount of related party transactions expected during the reporting period is 332,478.35 million yuan[101]. - The actual amount of related party transactions with SEB Group and its affiliates during the first half of 2024 is 341,387.47 million yuan[101]. - There were no significant related party transactions during the reporting period[107]. Compliance and Governance - The financial statements are prepared based on the going concern assumption and comply with the accounting standards issued by the Ministry of Finance of the People's Republic of China[180]. - The company confirms its ability to continue as a going concern for at least 12 months from the reporting date, with no significant issues affecting this ability[181]. - The company has no significant litigation or arbitration matters during the reporting period[98]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[94].