老板电器：2026年第一季度报告(英文版)
Stockcode:002508Stockname:RobamAppliancesAnnouncementNo.:2026-008
HangzhouRobamAppliancesCo.,Ltd.
Q12026Report
HangzhouRobamAppliancesCo.,Ltd.(theCompany)andallmembersofitsBoardofDirectorsherebyguaranteethattherearenofalserepresentations,misleadingstatementsormaterialomissionsinthisQuarterlyReport(“theReport”),andtheinformationcontainedhereinisauthentic,accurateandcomplete.ImportantNotes
1.TheBoardofDirectors,aswellasdirectorsandseniormanagementoftheCompanyherebyguaranteethattherearenofalserepresentations,misleadingstatementsormaterialomissionsintheReport,andareseverallyandjointlyliablefortheauthenticity,accuracyandcompletenessoftheinformationcontainedherein.
2.TheheadoftheCompany,thepersoninchargeoftheCompany’saccountingaffairsandtheheadoftheaccountingdepartment(theaccountantincharge)herebydeclareandwarrantthatthefinancialreportcontainedintheReportisauthentic,accurate,andcomplete.
3.WhethertheQ1financialreporthasbeenaudited?
□Yes?No
I.KeyFinancialData(I)KeyAccountingDataandFinancialIndicators
WhethertheCompanyneedstoretroactivelyadjustorrestatetheaccountingdataofpreviousyears?
□Yes?No
| Thereportingperiod | Thesameperiodlastyear | YoYchange(%) | |
| OperatingIncome(RMB) | 1,962,936,648.19 | 2,076,194,452.05 | -5.46 |
| Netprofitattributabletoshareholdersofthelistedcompany(RMB) | 306,638,947.40 | 340,019,016.58 | -9.82 |
| Netprofitattributabletoshareholdersofthelistedcompanyafterdeductingnon-recurringgains/losses(RMB) | 258,772,432.94 | 313,555,187.51 | -17.47 |
| Netcashflowfromoperatingactivities(RMB) | -421,237,858.82 | -187,492,962.49 | -124.67 |
| Basicearningspershare(EPS)(RMB/share) | 0.32 | 0.36 | -11.11 |
| DilutedEPS(RMB/share) | 0.32 | 0.36 | -11.11 |
| Weightedaveragereturnonnetassets | 2.63% | 3.00% | Adecreaseof0.37% |
| Endofthereportingperiod | Endoflastyear | Change(%) | |
| Totalassets(RMB) | 16,663,562,175.70 | 17,208,063,114.15 | -3.16 |
| Owner'sequityattributabletoshareholdersofthelistedcompany(RMB) | 11,806,502,571.19 | 11,497,455,691.08 | 2.69 |
(II)ItemsandAmountsofNon-recurringGainsandLosses
?Applicable□Notapplicable
InRMB
| Item | Amountforthecurrentreportingperiod | Description |
| Gainsandlossesondisposalofnon-currentassets(includingthewritten-offpartoftheprovisionforassetimpairmentaccrued) | -270,772.04 | |
| Governmentsubsidiesincludedincurrentgainsandlosses(excludinggovernmentsubsidiescloselyrelatedtotheCompany'snormalbusiness,inlinewithnationalpolicy,enjoyedaccordingtoestablishedstandards,andhavingasustainedimpactontheCompany'sgainsandlosses). | 11,942,387.98 | |
| Reversalofimpairmentprovisionforaccountsreceivabletestedforimpairmentseparately | 46,730,420.37 | |
| Othernon-operatingrevenuesandexpensesexcepttheaboveitems | -961,715.42 | |
| Less:Affectedamountofincometax | 9,314,038.00 | |
| Affectedamountofminority | 259,768.43 |
| shareholders’equity(aftertax) | ||
| Total | 47,866,514.46 | -- |
Otheritemsofgainsandlossesmeetingthedefinitionofnon-recurringgainsandlosses
□Applicable?NotapplicableTheCompanydoesnothaveotheritemsofgainsandlossesmeetingthedefinitionofnon-recurringgainsandlossesExplanationonthecircumstancewhereitemsofthenon-recurringgainsandlossesenumeratedintheExplanatoryAnnouncementNo.1onInformationDisclosureforCompaniesOfferingTheirSecuritiestothePublic—Non-recurringGainsandLosses(referredtoas“AnnouncementNo.1”)aredefinedasrecurringgainsandlosses
□Applicable?NotapplicableThereisnocircumstancewhereitemsofnon-recurringgainsandlossesenumeratedinaccordancewiththeAnnouncementNo.1aredefinedasrecurringgainsandlosses.
(III)ChangesinMajorAccountingDataandFinancialIndicatorsandTheirReasons
?Applicable□Notapplicable
1.BalancesheetitemsAsattheendofthereportingperiod,non-currentassetsduewithinoneyearincreasedby38.08%comparedwiththebeginningoftheyear,mainlyduetotheincreaseinfinancialmanagementproductsmaturingwithinoneyear.Asattheendofthereportingperiod,othernon-currentfinancialassetsdecreasedby100%comparedwiththebeginningoftheyear,mainlyduetothematurityandredemptionoffinancialmanagementproducts.Asattheendofthereportingperiod,payrollpayabletoemployeesdecreasedby82.95%comparedwiththebeginningoftheyear,mainlyduetothecompletionofpaymentofsalariesandbonusesaccruedattheendof2025.
2.IncomestatementitemsDuringthereportingperiod,investmentincomeincreasedby732.58%comparedwiththesameperiodlastyear,mainlyduetotheincreaseinincomefrommaturedfinancialmanagementproducts.Duringthereportingperiod,investmentincomefromassociatesandjointventuresincreasedby101.94%ascomparedtothesameperiodlastyear,mainlyduetotheincreaseinincomefromequityinvestments.Duringthereportingperiod,assetimpairmentlossesincreasedby328.8%comparedwiththesameperiodlastyear,mainlyduetotheincreaseinprojectmortgagepropertiesandahigherprovisionratioforimpairmentofsuchproperties.Duringthereportingperiod,gainsonassetdisposalsincreasedby86.94%comparedwiththesameperiodlastyear,mainlyduetothereductioninthelossesfromthesaleofprojectmortgageproperties.Duringthereportingperiod,non-operatingincomeincreasedby45.77%comparedwiththesameperiodlastyear,mainlyduetotheincreaseinpayablesthatcouldnotbepaid.Duringthereportingperiod,non-operatingexpensesincreasedby44.56%comparedwiththesameperiodlastyear,mainlyduetoincreasedtaxlosses.
Duringthereportingperiod,minorityshareholders'gainsandlossesincreasedby85.31%comparedwiththesameperiodlastyear,mainlyduetoreducedlossesofsubsidiaries.
3.CashflowstatementitemsDuringthereportingperiod,netcashflowsfromoperatingactivitiesdecreasedby124.67%ascomparedwiththesameperiodlastyear,mainlyduetoreducedcashreceiptsfromsalesandincreasedpaymentsofexpenses.Duringthereportingperiod,netcashflowsfrominvestmentactivitiesincreasedby3518.96%ascomparedwiththesameperiodoflastyear,mainlyduetotheincreaseintherecoveryoftimedepositsandfinancialmanagementproductsatmaturity.Duringthereportingperiod,netcashflowsfromfinancingactivitiesdecreasedby103.21%ascomparedwiththesameperiodoflastyear,mainlyduetorepaymentofbankloansbysubsidiaries.II.ShareholderInformation(I)TotalNumberofCommonShareholdersandPreferredShareholderswiththeVotingRightsRecoveredandShareholdingoftheTop10Shareholders
Unit:share
| Totalnumberofcommonshareholdersattheendofthereportingperiod | 41,108 | Totalnumberofpreferredshareholderswiththevotingrightsrecoveredattheendofreportingperiod(ifany) | 0 | |||
| Shareholdingsofthetop10shareholders(excludingshareslentthroughrefinancing) | ||||||
| Nameofshareholder | Natureofshareholder | Shareholding(%) | Numberofshares | Numberofsharessubjecttosalesrestrictions | Pledged,markedorfrozenshares | |
| Status | Quantity | |||||
| HangzhouRobamIndustrialGroupCo.,Ltd. | Domesticnon-state-ownedcorporation | 49.90% | 471,510,000 | 0 | NotApplicable | 0 |
| HongKongSecuritiesClearingCompanyLimited | Overseascorporation | 4.96% | 46,867,788 | 0 | NotApplicable | 0 |
| ChinaMerchantsBankCo.,Ltd.-ICBCCreditSuisseValueSelectedHybridSecuritiesInvestmentFund | Others | 1.73% | 16,368,627 | 0 | NotApplicable | 0 |
| ShenGuoying | Domesticnaturalperson | 1.30% | 12,240,000 | 0 | NotApplicable | 0 |
| ChinaLifeInsurance(Group)Company-Traditional-OrdinaryInsuranceProducts-HongKongStockConnect(InnovativeStrategy) | Others | 0.94% | 8,906,200 | 0 | NotApplicable | 0 |
| ChinaConstruction | Others | 0.77% | 7,254,205 | 0 | NotApplicable | 0 |
| BankCorporation-HSBCJintrustDynamicStrategyMixedSecuritiesInvestmentFund | ||||||
| IndustrialSecuritiesCo.,Ltd. | State-ownedcorporation | 0.72% | 6,792,500 | 0 | NotApplicable | 0 |
| ChinaPacificLifeInsuranceCo.,Ltd.－Traditional－OrdinaryInsuranceProducts | Others | 0.72% | 6,786,700 | 0 | NotApplicable | 0 |
| HangzhouJinchuangInvestmentCo.,Ltd. | Domesticnon-state-ownedcorporation | 0.70% | 6,640,085 | 0 | NotApplicable | 0 |
| SchroderInvestmentManagement(HongKong)Limited-SchroderGlobalEquityFundChinaA-Shares(Exchange) | Overseascorporation | 0.68% | 6,435,300 | 0 | NotApplicable | 0 |
| Shareholdingsofthetop10shareholdersnotsubjecttosalesrestrictions(excludingshareslentthroughrefinancingandexecutivelockedshares) | ||||||
| Nameofshareholder | Numberofsharesnotsubjecttosalesrestrictions | Typeofshare | ||||
| Typeofshare | Quantity | |||||
| HangzhouRobamIndustrialGroupCo.,Ltd. | 471,510,000 | RMBordinaryshares | 471,510,000 | |||
| HongKongSecuritiesClearingCompanyLimited | 46,867,788 | RMBordinaryshares | 46,867,788 | |||
| ChinaMerchantsBankCo.,Ltd.-ICBCCreditSuisseValueSelectedHybridSecuritiesInvestmentFund | 16,368,627 | RMBordinaryshares | 16,368,627 | |||
| ShenGuoying | 12,240,000 | RMBordinaryshares | 12,240,000 | |||
| ChinaLifeInsurance(Group)Company-Traditional-OrdinaryInsuranceProducts-HongKongStockConnect(InnovativeStrategy) | 8,906,200 | RMBordinaryshares | 8,906,200 | |||
| ChinaConstructionBankCorporation–HSBCJintrustDynamicStrategyMixedSecuritiesInvestmentFund | 7,254,205 | RMBordinaryshares | 7,254,205 | |||
| IndustrialSecuritiesCo.,Ltd. | 6,792,500 | RMBordinaryshares | 6,792,500 | |||
| ChinaPacificLifeInsuranceCo.,Ltd.-Traditional-OrdinaryInsuranceProducts | 6,786,700 | RMBordinaryshares | 6,786,700 | |||
| HangzhouJinchuangInvestmentCo.,Ltd. | 6,640,085 | RMBordinaryshares | 6,640,085 | |||
| SchroderInvestmentManagement | 6,435,300 | RMBordinary | 6,435,300 | |||
| (HongKong)Limited-SchroederGlobalEquityFundChinaA-Shares(Exchange) | shares | |||
| Descriptionoftheassociatedrelationshiporconsistentactionsoftheaboveshareholders | Mr.RenJianhuaisthecontrollingshareholderoftheCompany,shareholderofHangzhouRobamIndustrialGroupCo.,Ltd.,andtheactualcontrollerofHangzhouJinchuangInvestmentCo.,Ltd.;andthenaturalpersonshareholder,ShenGuoying,ishiswife.Therefore,thereisapossibilitythattheseshareholderswillactinconcert. | |||
| Descriptionofthetop10shareholdersengaginginsecuritiesmargintrading(ifany) | None | |||
Shareslendingthroughrefinancinginvolvingshareholdersholdingmorethan5%oftheshares,thetop10shareholders,andthetop10shareholdersofunrestrictedcirculatingshares
□Applicable?NotapplicableComparedtothepreviousperiod,thechangeisduetothetop10shareholdersandthetop10unrestrictedcirculatingshareholderslending/returningsharesforrefinancingpurposes.
□Applicable?Notapplicable
(II)TotalNumberoftheCompany’sPreferredShareholdersandShareholdingoftheTop10PreferredShareholders
□Applicable?Notapplicable
III.OtherSignificantMatters
□Applicable?NotapplicableIV.QuarterlyFinancialStatements
(i)FinancialStatements
1.ConsolidatedBalanceSheetPreparedby:HangzhouRobamAppliancesCo.,Ltd.
March31,2026
InRMB
| Item | Endingbalance | Beginningbalance |
| Currentassets: | ||
| Cashandcashequivalents | 1,488,871,187.68 | 1,236,257,860.53 |
| Depositreservationforbalance | ||
| Lendingstobanksandotherfinancialinstitutions | ||
| Financialassetsheldfortrading | 3,130,000,000.00 | 3,230,000,000.00 |
| Derivativefinancialassets | ||
| Notesreceivable | 566,231,011.28 | 578,435,043.55 |
| Accountsreceivable | 1,431,069,907.31 | 1,501,774,623.23 |
| Accountsreceivablefinancing | ||
| Prepayments | 225,816,214.80 | 186,281,708.91 |
| Receivablepremium | ||
| Reinsuranceaccountsreceivable | ||
| Reinsurancecontractreservesreceivable |
| Otherreceivables | 81,093,236.82 | 73,533,704.37 |
| Inc:Interestsreceivable | ||
| Dividendsreceivable | 400,000.00 | |
| Redemptorymonetarycapitalforsale | ||
| Inventory | 1,295,256,052.45 | 1,360,022,769.09 |
| Including:Dataresources | ||
| Contractassets | ||
| Assetsheldforsale | ||
| Non-currentassetsduewithinoneyear | 689,233,004.55 | 499,143,689.50 |
| Othercurrentassets | 84,824,458.12 | 88,468,071.99 |
| Totalcurrentassets | 8,992,395,073.01 | 8,753,917,471.17 |
| Non-currentassets: | ||
| Loansandadvances | ||
| Creditorsinvestment | ||
| Otherdebtinvestment | ||
| Long-termaccountreceivable | ||
| Long-termequityinvestment | 4,453,277.97 | 4,395,119.95 |
| Investmentinotherequityinstruments | 2,116,023.22 | 2,116,023.22 |
| Othernon-currentfinancialassets | 800,451,400.00 | |
| Investmentproperties | 72,020,154.56 | 81,013,670.91 |
| Fixedassets | 2,148,005,123.14 | 2,173,675,186.21 |
| Constructioninprocess | 46,571,223.87 | 46,511,377.40 |
| Biologicalassetsforproduction | ||
| Oil&gasassets | ||
| Rightofuseassets | 7,558,579.01 | 8,102,992.49 |
| Intangibleassets | 193,895,108.26 | 196,406,397.41 |
| Including:Dataresources | ||
| Developmentexpenditure | ||
| Including:Dataresources | ||
| Goodwill | ||
| Long-termprepaidexpenses | 2,519,769.60 | 3,252,717.83 |
| Deferredincometaxassets: | 331,606,338.26 | 325,584,003.83 |
| Othernon-currentassets | 4,862,421,504.80 | 4,812,636,753.73 |
| Totalnon-currentassets | 7,671,167,102.69 | 8,454,145,642.98 |
| Totalassets | 16,663,562,175.70 | 17,208,063,114.15 |
| Currentliabilities: | ||
| Short-termborrowings | 98,227,931.96 | 97,738,579.05 |
| Borrowingsfromthecentralbank | ||
| Borrowingsfrombanksandotherfinancialinstitutions | ||
| Financialliabilitiesheldfortrading | ||
| Derivativefinancialliabilities | ||
| Notespayables | 1,131,998,412.65 | 1,102,064,932.55 |
| Accountspayable | 2,071,769,411.69 | 2,655,136,329.40 |
| Advancereceipts | ||
| Contractliabilities | 802,025,098.60 | 932,559,161.31 |
| Financialassetssoldforrepurchase | ||
| Depositsfromcustomersandinterbank | ||
| Receivingsfromvicariouslytradedsecurities | ||
| Receivingsfromvicariouslytradedsecurities | ||
| Payrollpayable | 30,662,344.32 | 179,852,713.89 |
| Taxespayable | 122,690,949.16 | 121,036,736.76 |
| Otherpayables | 291,622,450.12 | 294,434,125.10 |
| Inc:Interestspayable | ||
| Dividendspayable | ||
| Feesandcommissionspayable | ||
| Dividendspayableforreinsurance | ||
| Liabilitiesheldforsale | ||
| Non-currentliabilitiesduewithinoneyear | 1,652,109.29 | 1,967,891.30 |
| Othercurrentliabilities | 84,516,399.73 | 102,759,019.62 |
| Totalcurrentliabilities | 4,635,165,107.52 | 5,487,549,488.98 |
| Non-currentliabilities: | ||
| Reservesforinsurancecontracts | ||
| Long-termloans | ||
| Bondspayable | ||
| Inc:Preferredshares | ||
| Perpetualbonds | ||
| Leaseliabilities | 7,397,350.28 | 7,867,003.07 |
| Long-termaccountspayable | ||
| Long-termpayrollpayable | ||
| Estimatedliabilities | ||
| Deferredincome | 96,352,192.73 | 100,318,829.17 |
| Deferredincometaxliabilities | 44,379,865.96 | 40,433,744.03 |
| Othernon-currentliabilities | ||
| Totalnon-currentliabilities | 148,129,408.97 | 148,619,576.27 |
| Totalliabilities | 4,783,294,516.49 | 5,636,169,065.25 |
| Owner’sequity: | ||
| Capitalstock | 944,938,916.00 | 944,938,916.00 |
| Otherequityinstruments | ||
| Inc:Preferredshares | ||
| Perpetualbonds | ||
| Capitalreserve | 250,427,239.59 | 245,855,894.16 |
| Less:treasuryshare | ||
| Othercomprehensiveincome | -102,022,744.97 | -99,859,332.25 |
| Specialreserve | ||
| Surplusreserve | 474,516,412.50 | 474,516,412.50 |
| Generalriskreserves | ||
| Undistributedprofits | 10,238,642,748.07 | 9,932,003,800.67 |
| Totalowners’equityattributabletotheparentcompany | 11,806,502,571.19 | 11,497,455,691.08 |
| Minorityinterests | 73,765,088.02 | 74,438,357.82 |
| Totalowners’equity | 11,880,267,659.21 | 11,571,894,048.90 |
| Totalliabilitiesandowner’sequity | 16,663,562,175.70 | 17,208,063,114.15 |
Legalrepresentative:RenJianhuaPersoninchargeofaccounting:ZhangGuofuHeadoftheaccountingdepartment:ZhangGuofu
3.ConsolidatedIncomeStatement
InRMB
| Item | Amountofthecurrentperiod | Amountofthepreviousperiod |
| I.Totaloperatingincome | 1,962,936,648.19 | 2,076,194,452.05 |
| Inc:Operatingincome | 1,962,936,648.19 | 2,076,194,452.05 |
| Interestincome | ||
| Earnedpremium | ||
| Feeandcommissionincome | ||
| II.Totaloperatingcosts | 1,669,917,028.26 | 1,752,513,463.62 |
| Inc:Operatingcosts | 900,942,867.19 | 981,571,995.43 |
| Interestexpenses |
| Feeandcommissionexpenses | ||
| Surrendervalue | ||
| Netpaymentsforinsuranceclaims | ||
| Netallotmentofreservesforinsuranceliabilities | ||
| Policydividendexpenditures | ||
| Reinsuranceexpenses | ||
| Taxesandsurcharges | 9,336,043.07 | 9,148,370.58 |
| Salesexpenses | 624,831,408.45 | 636,571,393.23 |
| Administrativeexpenses | 104,986,934.55 | 96,991,129.85 |
| R&Dexpenses | 60,755,346.55 | 62,500,918.10 |
| Financialexpenses | -30,935,571.55 | -34,270,343.57 |
| Including:Interestexpenses | 780,231.95 | 883,305.19 |
| Interestincome | 34,815,657.42 | 35,677,782.29 |
| Add:otherincome | 48,251,789.09 | 40,262,154.52 |
| Investmentincome(“-”forlosses) | 21,819,352.08 | 2,620,688.10 |
| Including:Incomefrominvestmentinjointventuresandaffiliatedenterprises | 58,158.02 | -3,004,364.10 |
| Gainsonderecognitionoffinancialassetsmeasuredatamortizedcost | ||
| Exchangegains(“-”forlosses) | ||
| Netexposurehedginggains(“-”forlosses) | ||
| Gainsfromchangesinfairvalue(“-”forlosses) | ||
| Lossesfromcreditimpairment(“-”forlosses) | 26,997,012.28 | 23,314,042.05 |
| Lossesfromassetimpairment(“-”forlosses) | -26,137,146.15 | 11,423,666.09 |
| Gainsondisposalofassets(“-”forlosses) | -269,628.95 | -2,064,442.82 |
| III.Operatingprofits(“-”forlosses) | 363,680,998.28 | 399,237,096.37 |
| Add:non-operatingincome | 755,658.47 | 518,377.14 |
| Less:non-operatingexpenditure | 1,718,516.98 | 1,188,766.48 |
| IV.Totalprofits(“-”fortotallosses) | 362,718,139.77 | 398,566,707.03 |
| Less:incometaxexpenses | 56,726,612.66 | 62,954,693.12 |
| V.Netprofits(“-”forlosses) | 305,991,527.11 | 335,612,013.91 |
| (I)Byoperationalsustainability | ||
| 1.Netprofitsfromcontinuingoperations(“-”fornetlosses) | 305,991,527.11 | 335,612,013.91 |
| 2.Netprofitsfromdiscontinuedoperations(“-”fornetlosses) | ||
| (II)Byownership | ||
| 1.Netprofitsattributabletoownersoftheparentcompany | 306,638,947.40 | 340,019,016.58 |
| 2.Minorityshareholders’gainsandlosses | -647,420.29 | -4,407,002.67 |
| VI.After-taxnetamountofothercomprehensiveincome | -2,189,262.23 | -345,118.46 |
| After-taxnetamountofothercomprehensiveincomeattributabletotheownersofparentcompany | -2,163,412.72 | -345,118.46 |
| (I)Othercomprehensiveincomethatcannotbereclassifiedintogainsandlosses | ||
| 1.Changesinre-measuredanddefinedbenefitplans | ||
| 2.Othercomprehensiveincomewhichcannotbetransferredintogainsorlossesundertheequitymethod | ||
| 3.Changesinfairvalueoftheinvestmentinotherequityinstruments | ||
| 4.ChangesinfairvalueofthecreditriskoftheCompany | ||
| 5.Others | ||
| (II)Othercomprehensiveincomewhichwillbereclassifiedintogainsandlosses | -2,163,412.72 | -345,118.46 |
| 1.Othercomprehensiveincomewhichcanbetransferredintogainsandlossesundertheequitymethod | ||
| 2.Changesinfairvalueofotherdebtinvestments | ||
| 3.Amountoffinancialassetsreclassifiedintoothercomprehensiveincome | ||
| 4.Provisionforcreditimpairmentofotherdebtinvestments | ||
| 5.Cashflowhedgereserve | ||
| 6.Converteddifferenceinforeigncurrencystatements | -2,163,412.72 | -345,118.46 |
| 7.Others | ||
| After-taxnetamountofothercomprehensiveincomeattributabletominorityshareholders | -25,849.51 | |
| VII.Totalcomprehensiveincome | 303,802,264.88 | 335,266,895.45 |
| Totalcomprehensiveincomeattributabletoownersoftheparentcompany | 304,475,534.68 | 339,673,898.12 |
| Totalcomprehensiveincomeattributabletominorityshareholders | -673,269.80 | -4,407,002.67 |
| VIII.Earningspershare(EPS): | ||
| (I)BasicEPS | 0.32 | 0.36 |
| (II)DilutedEPS | 0.32 | 0.36 |
Inthecaseofmergerofenterprisesunderthesamecontrolinthecurrentperiod,thenetprofitrealizedbythemergedpartybeforethemergeris:RMB0.00,andthenetprofitrealizedbythemergedpartyinthepreviousperiodis:RMB0.00.Legalrepresentative:RenJianhuaPersoninchargeofaccounting:ZhangGuofuHeadoftheaccountingdepartment:ZhangGuofu
3.ConsolidatedCashFlowStatement
InRMB
| Item | Amountofthecurrentperiod | Amountofthepreviousperiod |
| I.Cashflowfromoperatingactivities: |
| Cashreceivedforthesaleofgoodsandrenderingofservices | 2,051,834,655.57 | 2,492,115,054.87 |
| Netincreaseinclients’depositsanddepositsfrombanksandotherfinancialinstitutions | ||
| Netincreaseinborrowingsfromthecentralbank | ||
| Netincreaseinborrowingsfromotherfinancialinstitutions | ||
| Cashreceivedfromreceivinginsurancepremiumoftheoriginalinsurancecontract | ||
| Netcashfromreceivingreinsurancepremium | ||
| Netincreaseindepositsandinvestmentofinsuredpersons | ||
| Cashreceivedfrominterests,feesandcommissions | ||
| Netincreaseinborrowedfunds | ||
| Netincreaseinrepurchasebusinessfunds | ||
| Netcashreceivedfromvicariouslytradedsecurities | ||
| Refundsoftaxes | 27,766,131.47 | 12,102,370.96 |
| Cashreceivedrelatingtootheroperatingactivities | 21,724,229.06 | 72,598,379.75 |
| Subtotalofcashinflowfromoperatingactivities | 2,101,325,016.10 | 2,576,815,805.58 |
| Cashpaidforpurchasedproductsandreceivedservices | 1,344,547,691.95 | 1,582,634,369.72 |
| Netincreaseinloansandadvancestocustomers | ||
| Netincreaseindepositswiththecentralbankandotherfinancialinstitutions | ||
| Cashpaidforclaimsoforiginalinsurancecontract | ||
| Netincreaseinlendingfunds | ||
| Cashpaidforinterests,feesandcommissions | ||
| Cashpaidforpolicydividends | ||
| Cashpaidtoandonbehalfofemployees | 338,462,751.07 | 340,323,826.97 |
| Cashpaidfortaxes | 120,951,755.05 | 176,766,557.79 |
| Cashpaidrelatedtootheroperatingactivities | 718,600,676.85 | 664,584,013.59 |
| Subtotalofcashoutflowfromoperatingactivities | 2,522,562,874.92 | 2,764,308,768.07 |
| Netcashflowfromoperatingactivities | -421,237,858.82 | -187,492,962.49 |
| II.Cashflowfrominvestmentactivities: | ||
| Cashreceivedfromreturnofinvestments | 1,795,071,726.22 | 200,000,000.00 |
| Cashreceivedfromreturnon | 22,777,765.52 | 5,688,700.00 |
| investments | ||
| Netcashreceivedfromdisposaloffixedassets,intangibleassetsandotherlong-termassets | 29,294.70 | |
| Netcashreceivedfromdisposalofsubsidiariesandotherbusinessentities | ||
| Cashesreceivedrelatedtootherinvestmentactivities | 105,780,968.46 | 1,426,891,643.84 |
| Subtotalofcashinflowfrominvestmentactivities | 1,923,630,460.20 | 1,632,609,638.54 |
| Cashpaidforpurchaseandconstructionoffixedassets,intangibleassetsandotherlong-termassets | 69,056,600.06 | 63,778,233.36 |
| Cashpaidtoinvestments | 890,000,000.00 | 1,350,000,000.00 |
| Netincreaseinpledgedloans | ||
| Netcashfromsubsidiariesandotheroperatingentities | ||
| Cashpaidrelatedtootherinvestmentactivities | 283,073,600.00 | 200,000,000.00 |
| Subtotalofcashoutflowfrominvestmentactivities | 1,242,130,200.06 | 1,613,778,233.36 |
| Netcashflowfrominvestmentactivities | 681,500,260.14 | 18,831,405.18 |
| III.Cashflowfromfinancingactivities: | ||
| Cashfromacquiringinvestments | 2,337,012.70 | |
| Including:Cashreceivedbysubsidiariesfrominvestmentsofminorityshareholders | 1,677,616.20 | |
| Cashfromacquiringdebts | 42,100,000.00 | 39,600,000.00 |
| Othercashesreceivedinrelationtofinancingactivities | ||
| Subtotalofcashinflowfromfinancingactivities | 42,100,000.00 | 41,937,012.70 |
| Cashpaidforrepaymentsofdebts | 41,608,555.85 | 33,013,457.92 |
| Cashpaidfordistributionofdividends,profitsorinterestexpenses | 504,297.51 | |
| Including:Dividendsorprofitspaidbysubsidiariestominorityshareholders | ||
| Othercashespaidinrelationtofinancingactivities | 739,366.00 | 704,158.08 |
| Subtotalofcashoutflowfromfinancingactivities | 42,347,921.85 | 34,221,913.51 |
| Netcashflowfromfinancingactivities | -247,921.85 | 7,715,099.19 |
| IV.Effectofchangeinexchangerateoncashandcashequivalents | -740,065.96 | -61,589.16 |
| V.Netincreaseincashandcashequivalents | 259,274,413.51 | -161,008,047.28 |
| Plus:Openingbalanceofcashandcashequivalents | 1,169,244,689.17 | 1,518,303,556.89 |
| VI.Closingbalanceofcashandcashequivalents | 1,428,519,102.68 | 1,357,295,509.61 |
(II)Relevantfinancialstatementitemsatthebeginningof2026whentheadjustmentsstipulatedinthenewaccountingstandardsapplyforthefirsttime
□Applicable?Notapplicable
(III)Auditreport
WhethertheQ1financialreporthasbeenaudited?
□Yes?NoTheQ1financialreportoftheCompanyhasnotbeenaudited.
BoardofDirectorsofHangzhouRobamAppliancesCo.,Ltd.
April28,2026