Financial Performance - In Q1 2023, the company achieved revenue of CNY 65.07 billion, a growth of 8.0% compared to the same period last year[5] - The net profit attributable to shareholders reached CNY 3.97 billion, reflecting a 12.6% increase year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3.70 billion, up 16.0% from the previous year[5] - The company's gross margin in Q1 2023 was 28.7%, an increase of 0.1 percentage points compared to the same period last year[8] - Total operating revenue for Q1 2023 reached ¥65,066,477,648.79, an increase of 8.9% compared to ¥60,234,722,119.95 in Q1 2022[22] - Total operating costs for Q1 2023 were ¥60,740,490,486.44, up from ¥56,367,962,597.67 in Q1 2022, reflecting a year-over-year increase of 7.8%[22] - Operating profit for Q1 2023 was ¥4,831,066,071.31, compared to ¥4,314,783,437.87 in Q1 2022, indicating a growth of 12.0%[23] - Net profit attributable to shareholders of the parent company for Q1 2023 was ¥3,971,103,084.94, an increase of 12.6% from ¥3,526,836,008.82 in Q1 2022[24] - The company reported a total comprehensive income of ¥3,255,986,334.15 for Q1 2023, compared to ¥3,102,181,565.76 in Q1 2022, marking a rise of 4.9%[24] - Basic earnings per share for Q1 2023 were ¥0.43, up from ¥0.38 in Q1 2022, reflecting a growth of 13.2%[24] Business Segments - Domestic major appliance business revenue grew over 8%, with a retail market share of 28.1%, up 1.4 percentage points year-on-year[6] - The overseas business revenue increased by 11.3% in Q1 2023, with high-end brand growth of 42% in the European market[7] Investments and Expenditures - The company invested USD 160 million in building an ecological park in Egypt, which will produce over one million units of air conditioners, washing machines, and refrigerators[7] - Capital expenditures in Q1 2023 totaled RMB 1.782 billion, with RMB 804 million spent domestically and RMB 978 million overseas, primarily for factory and equipment construction, property leasing, and IT infrastructure[12] Cash Flow and Liquidity - The net cash flow from operating activities in Q1 2023 was RMB 1.354 billion, an increase of RMB 209 million compared to the same period in 2022, mainly due to increased operating profit and improved operational efficiency[11] - The cash inflow from operating activities in Q1 2023 was CNY 64.17 billion, an increase from CNY 61.56 billion in Q1 2022, representing a growth of approximately 2.67%[26] - The net cash flow from operating activities for Q1 2023 was CNY 1.35 billion, compared to CNY 1.15 billion in Q1 2022, indicating a year-over-year increase of about 18.2%[26] - The cash inflow from investment activities in Q1 2023 was CNY 3.26 billion, up from CNY 2.54 billion in Q1 2022, reflecting a growth of approximately 28.5%[27] - The net cash flow from investment activities in Q1 2023 was negative CNY 1.46 billion, an improvement from negative CNY 2.47 billion in Q1 2022[27] - The cash inflow from financing activities in Q1 2023 was CNY 3.20 billion, down from CNY 4.22 billion in Q1 2022, showing a decrease of about 24.2%[27] - The net cash flow from financing activities in Q1 2023 was CNY 1.36 billion, compared to CNY 1.69 billion in Q1 2022, indicating a decline of approximately 19.6%[27] Asset Management - The total current assets as of March 31, 2023, were RMB 132.714 billion, compared to RMB 130.491 billion at the end of December 2022, showing an increase[19] - The total assets amounted to RMB 238.080 billion as of March 31, 2023, compared to RMB 235.952 billion at the end of December 2022[20] - The company's cash and cash equivalents were RMB 55.278 billion, up from RMB 54.162 billion, indicating a stable liquidity position[19] - The total current liabilities decreased to RMB 114.049 billion from RMB 118.711 billion, indicating improved liquidity management[20] - The total liabilities as of March 31, 2023, were not explicitly stated but can be inferred from the changes in assets and cash flows, indicating a focus on maintaining a healthy balance sheet[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 181,856, with the top ten shareholders holding significant stakes[15] - HKSCC NOMINEES LIMITED held 2,239,836,072 shares, representing 23.71% of the total shares, making it the largest shareholder[15] Financial Ratios - The debt-to-asset ratio at the end of Q1 2023 was 58.8%, a decrease of 1.0 percentage point from the end of 2022, driven by growth in net profit[13] - The sales expense ratio improved to 13.6%, a decrease of 0.4 percentage points compared to the previous year[9] - The R&D expense ratio increased to 4.2%, reflecting the company's focus on enhancing core technologies in the smart home sector[9] Other Financial Metrics - The total amount of non-recurring gains and losses for the period was RMB 271.27 million, after accounting for taxes and minority interests[14] - The foreign exchange derivative trading balance was approximately USD 1.779 billion as of the reporting period end[18] - The entrusted wealth management balance was RMB 1.694 billion, including RMB 1.509 billion from subsidiaries and RMB 170 million from temporarily idle raised funds[18]
海尔智家(06690) - 2023 Q1 - 季度业绩