2024-06-07-深交所-格力电器_2023年年度报告（英文版）_310页_2mb
报告摘要
Gree Electric Appliances, Inc. of Zhuhai 2023 Annual Report Summary
Core Content Overview
The 2023 Annual Report of Gree Electric Appliances, Inc. of Zhuhai provides comprehensive information about the company's financial performance, corporate governance, and strategic direction. It also includes important notices, definitions of key terms, and details about the financial and operational data for the year 2023.
Important Notices
- The Board of Directors, Board of Supervisors, directors, supervisors, and senior executives have guaranteed the accuracy and completeness of the report's content.
- The financial report has been declared authentic by Dong Mingzhu, Liao Jianxiong, and Liu Yanzi.
- All directors attended the annual report meeting.
- Forward-looking statements (e.g., future plans and strategies) are not binding commitments to investors.
Profit Distribution Proposal
- Based on the total share capital of 5,521,943,646 shares (excluding shares held in the repurchase account), the company plans to distribute RMB23.8 per 10 shares (tax included) to all shareholders.
- No bonus shares or capital reserves conversion is planned.
Company Profile
- Stock Abbreviation: Gree Electric Appliances
- Stock Code: 000651
- Stock Exchange: Shenzhen Stock Exchange
- Legal Representative: Dong Mingzhu
- Registered Address: Room 608, No. 108 Huitong Third Road, Hengqin New Area, Zhuhai
- Post Code: 519031
- Office Address: Jinji West Road, Qianshan, Zhuhai
- Post Code: 519070
- Website: http://www.gree.com.cn
- Email: gree0651@cn.gree.com
Key Entities and Definitions
| Item | Description |
|---|---|
| Company | Gree Electric Appliances, Inc. of Zhuhai |
| Zhuhai Mingjun | Zhuhai Mingjun Investment Partnership (Limited Partnership) |
| GREE GROUP | Zhuhai Gree Group Co., Ltd. |
| Finance Company | Zhuhai Gree Group Finance Company Limited |
| Jinghai Internet | Jinghai Internet Technology Development Co., Ltd. |
| DunAn Environment | Zhejiang DunAn Artificial Environment Co., Ltd. |
| Gree Altairnano | Gree Altairnano New Energy Inc. |
| CSRC | China Securities Regulatory Commission |
| Report Period | January 1, 2023 – December 31, 2023 |
Main Financial Indicators (2023)
| Item | 2023 (yuan) | 2022 (yuan) | Increase/Decrease Over Previous Year | 2021 (yuan) |
|---|---|---|---|---|
| Operating Revenue | 203,979,266,387.09 | 188,988,382,706.68 | 7.93% | 187,868,874,892.71 |
| Net Profits (attributable to shareholders) | 29,017,387,604.18 | 24,506,623,782.46 | 18.41% | 23,063,732,372.62 |
| Net Profits (after non-recurring) | 27,565,461,117.79 | 23,986,248,264.15 | 14.92% | 21,850,050,895.31 |
| Net Cash Flows from Operating Activities | 56,398,426,354.17 | 28,668,435,921.27 | 96.73% | 1,894,363,258.72 |
| Basic Earnings Per Share | 5.22 | 4.43 | 17.83% | 4.04 |
| Diluted Earnings Per Share | 5.22 | 4.43 | 17.83% | 4.04 |
| Weighted Average Return on Equity | 26.53% | 24.19% | 2.34% | 21.34% |
| Total Assets | 368,053,902,576.37 | 355,024,758,878.82 | 3.67% | 319,598,183,780.38 |
| Net Assets (attributable to shareholders) | 116,793,716,103.39 | 96,758,734,892.25 | 20.71% | 103,651,654,599.87 |
Quarterly Financial Highlights (2023)
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Operating Revenue | 35,455,753,354.18 | 63,780,987,835.32 | 55,770,570,627.81 | 48,971,954,569.78 |
| Net Profits (attributable to shareholders) | 4,109,253,018.34 | 8,563,985,798.21 | 7,418,868,262.12 | 8,925,280,525.51 |
Non-Recurring Profit and Loss Items (2023)
| Item | 2023 (yuan) | 2022 (yuan) | 2021 (yuan) | Description |
|---|---|---|---|---|
| Profits/Losses from disposal of non-current assets | 324,413,866.77 | -51,428,778.52 | -7,498,891.48 | See Note V. 67, 68, 69 in Section X |
| Governmental subsidies (excluding normal operations) | 784,275,516.36 | 873,695,831.91 | 875,778,734.20 | See Note V. 62, 68 |
| Profits/Losses from fair value changes | 553,697,207.25 | -300,034,685.05 | 369,460,356.97 | - |
| Fund possession costs | - | - | 6,234,097.19 | - |
| Reversal of impairment reserves | 72,395,388.85 | 118,276,955.90 | 16,844,984.00 | - |
| Other non-recurring profits/losses | -21,226,697.92 | -25,299,493.59 | 58,510,843.19 | See Note V. 68, 69 |
| Other non-recurring items | 40,553,390.36 | -30,904,028.44 | 13,691,263.12 | Commissions refund of individual income tax and others |
| Less: Amount affecting income tax | 301,917,937.60 | 64,515,784.15 | 82,923,289.84 | - |
| Total | 1,451,926,486.39 | 520,375,518.31 | 1,213,681,477.31 | - |
Industry Situation and Market Performance
Consumption Field
- The household appliance industry showed stable growth, with export sales increasing to RMB617.4 billion (up 9.9%) and domestic sales at RMB773.6 billion (up 1.7%).
- The air conditioning market experienced significant recovery, with retail volume reaching RMB211.7 billion (up 7.5%) and retail quantity of 60.85 million units (up 6.5%).
- Residential air conditioner production and sales reached 168.692 million units and 170.44 million units, respectively, with domestic sales up 13.8% and export sales up 7.8%.
Industrial Field
- The industrial economy showed a stable and upward trend, with industrial added value above designated size increasing by 4.6% year-on-year.
- The intelligent manufacturing industry is growing rapidly, with the market scale forecasted to exceed RMB2.97 trillion in 2023.
- The compressor and motor industries also saw growth, with compressor output at 422 million units (up 6.8%) and motor output at 350 million units (up 8.4%).
Major Businesses and Market Position
- The company operates under three major consumer brands: Gree, TOSOT, and KINGHOME.
- It also has industrial brands such as LANDA, Kaibang, and Xinyuan.
- Products serve over 600 million consumers in more than 190 countries and regions.
- In central air conditioning, the company ranked first in the market scale with over RMB20 billion in 2023 and has led the market for 12 consecutive years.
- In electric fans, the online retail share was 18.07% (ranked second), and in electric heaters, it was 13.10% (also ranked second).
Core Competence and Innovation
- The company focuses on brand development, core technology, quality control, and service excellence.
- It has established a world-leading air conditioning R&D center, with 16 research institutes, 152 research institutions, 1,411 laboratories, and 1 national key laboratory.
- The company has received 114 awards at national, provincial, and industry levels, holds 40 world-leading technologies, and has applied for 119,261 patents (including 64,174 invention patents).
- It is recognized as a "National Patent Operation Pilot Enterprise" and has won the China Trademark Gold Award.
Conclusion
The 2023 Annual Report highlights Gree Electric Appliances' strong financial performance, market leadership, and commitment to innovation and quality. The company has maintained a leading position in key markets and continues to invest in core technologies, intelligent manufacturing, and sustainable development.
展开完整摘要
试读结束，高清完整版pdf/doc/ppt,请点下载
