海信家电(000921) - 2023 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2023 reached ¥19,430,480,828.07, representing a 6.16% increase compared to ¥18,303,785,340.27 in the same period last year[3] - Net profit attributable to shareholders was ¥615,296,643.26, a significant increase of 131.11% from ¥266,233,233.32 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥520,783,170.28, up 179.80% from ¥186,128,675.02 in the previous year[3] - Operating profit for Q1 2023 was CNY 1.22 billion, up 74.00% from CNY 702.89 million in the same period last year[15] - Comprehensive income for Q1 2023 was CNY 1.10 billion, compared to CNY 539.98 million in Q1 2022, marking an increase of 104.00%[16] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.45, up from CNY 0.20 in the same period last year[16] Assets and Liabilities - The company's total assets increased by 7.40% to ¥59,473,631,308.87 from ¥55,375,550,868.66 at the end of the previous year[3] - The total assets of Hisense Home Appliances Group reached CNY 59.47 billion at the end of the first quarter, up from CNY 55.38 billion at the beginning of the year, representing an increase of approximately 7.6%[11] - Total liabilities increased to CNY 42.74 billion, up from CNY 39.10 billion year-over-year, reflecting a growth of 6.73%[15] - The total liabilities increased to CNY 40.71 billion, compared to CNY 37.63 billion at the beginning of the year, representing a growth of about 8.5%[12] - The company’s total equity increased to CNY 18.77 billion from CNY 18.75 billion, showing a marginal growth of about 0.1%[12] - Total equity attributable to shareholders of the parent company reached CNY 11.99 billion, an increase of 4.16% from CNY 11.52 billion in Q1 2022[15] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash inflow of ¥886,463,601.52 compared to a net outflow of ¥202,583,768.60 in the previous year[3] - The net cash flow from operating activities for Q1 2023 was ¥886,463,601.52, a significant improvement from a negative cash flow of ¥202,583,768.60 in the same period last year[18] - Total cash inflow from operating activities reached ¥16,081,473,482.74, compared to ¥15,563,763,794.69 in Q1 2022, indicating a year-over-year increase of approximately 3.3%[18] - Cash outflow from operating activities was ¥15,195,009,881.22, down from ¥15,766,347,563.29 in the previous year, reflecting a decrease of about 3.6%[18] - The company reported a net cash flow from financing activities of ¥626,302,995.69, a recovery from a negative cash flow of ¥481,156,461.28 in Q1 2022[18] - Total cash inflow from financing activities was ¥1,867,599,216.74, compared to ¥855,811,531.59 in the previous year, indicating a year-over-year increase of about 118.5%[18] Investments and Shareholder Information - The company’s investment income rose by 65.52% to ¥236,484,537.13, driven by increased returns from long-term equity investments and financial products[5] - The total number of ordinary shareholders at the end of the reporting period was 18,673[6] - The number of shares held by the largest shareholder, Qingdao Hisense Air Conditioning Co., Ltd., is 516,758,670, accounting for 37.92% of the total shares[8] Research and Development - R&D expenses for Q1 2023 amounted to CNY 576.47 million, representing an increase of 12.06% from CNY 514.38 million in Q1 2022[15] Inventory and Receivables - The company reported a significant increase in inventory, which stood at CNY 6.50 billion, down slightly from CNY 6.55 billion, indicating a decrease of about 0.8%[11] - Accounts receivable increased to CNY 8.65 billion from CNY 7.67 billion, reflecting a rise of approximately 12.8%[11] - The company reported a 46.22% increase in accounts receivable financing, reaching ¥7,417,684,272.37, attributed to business growth[5] Borrowings - Short-term borrowings increased by 31.91% to ¥1,928,890,525.46, primarily due to increased borrowings by subsidiaries[5] - Short-term borrowings rose to CNY 1.93 billion from CNY 1.46 billion, marking an increase of approximately 32.1%[12] Cash and Cash Equivalents - The company's cash and cash equivalents decreased to CNY 5.69 billion from CNY 6.00 billion, a decline of about 5.2%[11] - The ending balance of cash and cash equivalents was ¥3,205,383,971.61, up from ¥2,834,959,925.92 at the end of Q1 2022[19] - The company’s cash and cash equivalents increased by ¥727,037,896.21 during the quarter, compared to a decrease of ¥44,216,868.76 in the same period last year[18] Audit Status - The company has not audited the Q1 2023 report, which was released on April 27, 2023[19]