2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
Stock code:002508 Abbreviation of securities: Robam Announcement No.:2019-039
Hangzhou Robam Appliances Co., Ltd.
2019 Third Quarter Report Text
2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
Section 1: Important Notes
The board of directors, the board of supervisors and the directors,
supervisors and senior management of the Company shall guarantee
that the contents of the quarterly report are authentic, accurate and
complete, free from false records, misleading statements Or major
omissions, and shall bear individual and joint legal liabilities.
All directors of the Company personally attended the board meeting to
review this quarterly report.
Ren Jianhua, the head of the Company, Zhang Guofu, the head of
accounting work, and Zhang Guofu, the head of accounting body
(accountant in charge), guarantee the authenticity, accuracy and
completeness of the Financial statements in the quarterly report.
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2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
Section 2: Basic status of company
I. Major Accounting Data and Financial Indicators
Whether the Company needs to retroactively adjust or restate the accounting data of the previous years
□Yes √No
Increase/decrease at the
End of the reporting end of this reporting
End of previous year
period period compared to the
end of the previous year
Total assets (yuan) 10,073,735,527.84 9,455,361,508.83 6.54%
Net assets attributable to
shareholders of listed 6,375,359,070.29 6,045,384,387.57 5.46%
companies (yuan)
Increase/decrease
From the at the end of the
Increase/decrease
beginning of the reporting period
this year compared
Reporting period year to the end of from the beginning
to the previous
the reporting of the year
year
period compared to the
previous year
Operating income (yuan) 2,097,606,924.30 10.56% 5,625,020,807.26 4.29%
Net profits attributable to
shareholders of listed 415,223,408.27 18.20% 1,085,627,402.47 7.31%
companies (yuan)
Net profits attributable to
shareholders of the listed
company after deduction of 410,778,645.33 22.23% 1,033,318,224.34 11.36%
non-recurring profits and
losses (yuan)
Net cash flow from operating
376,523,778.18 381.97% 1,035,214,862.76 -13.78%
activities (yuan)
Basic EPS (yuan/share) 0.44 18.92% 1.14 6.54%
Diluted EPS (yuan/share) 0.44 18.92% 1.14 6.54%
Weighted average return on
6.86% 0.36% 17.37% -1.19%
net assets
Non-recurring Profit and Loss Items and Amount
√Applicable □ Not applicable
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2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
Unit: CNY
Amount from the
beginning of the year to
Item Description
the end of the reporting
period
Profits and losses on the disposal of non-current assets
(including the write-off part of the provision for asset -1,171,725.00
impairment)
Government subsidies included into the current profits and
losses, except those government subsidies, which are closely
related to the business of a company and enjoyed in 61,921,866.87
accordance with a certain standard quota or quantity of the
state
Profits and losses from investment or management assets
4,971,538.56
entrusted to others
Income and expenditure other than those mentioned above -915,346.81
Less: Amount affected by income tax 10,663,221.28
Amount of minority shareholders' equity affected (after
1,833,934.21
tax)
Total 52,309,178.13 --
Explain the non-recurrent profit and loss items defined by the Company according to the Interpretative Announcement No.
1 on Information Disclosure of Pub lic Securities Issuing Companies - Non-recurrent Profits and Losses and defined from
the non-recurrent profit and loss items enumerated in the Interpretative Announcement No. 1 on Information Disclosure of
Pub lic Securities Issuing Companies - Non-recurrent Profits and Losses
□ Applicable √ Not applicable
No definition of non-recurrent profit and loss items defined and enumerated in the Interpretative Announcement No. 1 on
Information Disclosure of Pub lic Securities Issuing Companies - Non-recurrent Profits and Losses as non-recurrent profit
and loss items during the reporting period.
II. Total number of shareholders at the end of the reporting period and shareholding
of top 10 shareholders
1. Number of common shareholders and preferred shareholders with voting rights restored,
and shareholdings of the top 10 shareholders
Unit: share
Total number of preferred
Total number of common
shareholders with voting
shareholders at the end of 60,911 0
rights restored at the end of
the reporting period
the reporting period (if any)
Shareholdings of the top 10 s hareholders
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2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
Number of Pledge or freeze
shares
Shareh
Shareholder Number of held with
Shareholder's name olding Status of
nature shares held limited Quantity
ratio shares
sales
conditions
Domestic
Hangzhou Robam
non-state 49.68% 471,510,000 0 - 0
Industrial Group Co., Ltd.
legal person
Hong Kong Securities Overseas
11.45% 108,623,698 0 - 0
Clearing Co. Ltd. legal person
Domestic
Shen Guoying natural 1.29% 12,240,000 0 - 0
person
China Construction Bank
Co., Ltd. - An xin Value
Other 1.19% 11,336,419 0 - 0
Selected Stock Securities
Investment Fund
Domestic
Hangzhou Jinchuang
non-state 1.00% 9,451,985 0 - 0
Investment Co., Ltd.
legal person
Shenzhen Guoshi Capital
Management Co., Ltd. -
Guoshi Capital - Robam
Other 0.88% 8,311,165 0 - 0
Agent Holding Stage 2
Structured Private Equity
Fund
Aberdeen Standard
Investments (Asia) Overseas
0.75% 7,079,528 0 - 0
Limited - Aberdeen Global legal person
- China A-Shares Fund
Domestic
Hangzhou Yinchuang
non-state 0.74% 7,020,000 0 - 0
Investment Co., Ltd.
legal person
Domestic
Ren Jianhua natural 0.62% 5,923,150 0 - 0
person
Central Huijin Investment State legal
0.60% 5,685,810 0 - 0
Ltd. person
Shareholding of top 10 shareholders with unlimited sales conditions
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2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
Number of shares held with unlimited Share type
Shareholder's name
sales conditions Share type Quantity
Hangzhou Robam Industrial Group Co., RMB common
471,510,000 471,510,000
Ltd. share
RMB common
Hong Kong Securities Clearing Co. Ltd. 108,623,698 108,623,698
share
RMB common
Shen Guoying 12,240,000 12,240,000
share
China Construction Bank Co., Ltd.－
RMB common
An xin Value Selected Stock Securities 11,336,419 11,336,419
share
Investment Fund
Hangzhou Jinchuang Investment Co., RMB common
9,451,985 9,451,985
Ltd. share
Shenzhen Guoshi Capital Management
Co., Ltd. - Guoshi Capital - Robam Agent RMB common
8,311,165 8,311,165
Holding Stage 2 Structured Private Equity share
Fund
Aberdeen Standard Investments (Asia)
RMB common
Limited－Aberdeen Global－China 7,079,528 7,079,528
share
A-Shares Fund
Hangzhou Yinchuang Investment Co., RMB common
7,020,000 7,020,000
Ltd. share
RMB common
Ren Jianhua 5,923,150 5,923,150
share
RMB common
Central Huijin Investment Ltd. 5,685,810 5,685,810
share
The actual controller of the Company’s controlling shareholder Hangzhou
Description of the above-mentioned Robam Industrial Group Co., Ltd. and the shareholder Hangzhou
shareholder association or concerted Jinchuang Investment Co., Ltd. is Mr. Ren Jianhua, and the natural
action person shareholder Shen Guo Ying is the wife of Ren Jianhua. The above
shareholders have the possibility of acting in unison.
Securities margin trading business
Not applicable
attended by top 10 shareholders (if any)
Whether the Company’s top 10 common shareholders and op 10 common shareho lders with unlimited sales conditions
agreed on a repurchase transaction during the reporting period
□Yes √No
The Company’s top 10 common shareholders and op 10 common shareholders with unlimited sales conditions did not
agree on a repurchase transaction during the reporting period
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2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
2. Total number of preferred shareholders and the top 10 preferred shareholders’
shareholdings of the Company
□ Applicable √ Not applicable
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2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
Section 5: Important Matters
I. Cases and causes for the change in the main financial data and financial indexes
during the reporting period
√Applicable □ Not applicable
1. Balance sheet items
The monetary capital increased by 47.74% at the end of the reporting period compared to the beginning of the year,
which was mainly caused by the increase of the company's payment collection and the decrease of the amount of
money to purchase the bank financial products.
The advances to suppliers increased by 38.22% at the end of the reporting period compared to the beginning of the
year, which was mainly caused by the increase in the purchase of raw materials.
Other current assets decreased by 35.91% at the end of the reporting period compared to the beginning of the year,
which was mainly caused by the decrease of the bank financing in the current period.
Available-for-sale financial assets decreased by 100% at the end of the reporting period compared to the beginning
of the year and other equity instrument investments increased by 100% compared to last year, which were caused
by the change in the reclassification of items.
The long-term equity in vestment increased by 81.34% at the end of the reporting period compared to the beginning
of the year, which was mainly caused by the profit increase of De Dietrich Trade (Shanghai) Co., Ltd. invested by the
company in the current period.
The construction in progress increased by 36.58% at the end of the reporting period compared to the beginning of
the year, which was mainly caused by the infrastructure investment in Maoshan Intelligent Manufacturing Park in the
current period.
The long-term unamortized expenses decreased by 80.94% at the end of the reporting period compared to the
beginning of the year, which was mainly caused by the amortization of long -term deferred expenses in previous
period.
The accounts payable increased by 31.88% at the end of the reporting period compared to the beginning of the year,
which was mainly caused by the increase in the purchase transactions with the sales revenue in the current period.
The payroll payable decreased by 90.93% at the end of the reporting period compared to the beginning of the year,
which was mainly caused by the payment of employee salaries and bonuses last year.
The tax payable increased by 64.30% at the end of the reporting period compared to the beginning of the ye ar, which
was mainly caused by the increase in the income tax expenses in the current period.
2. Income statement items
The non-operating income decreased by 52.49% in the reporting period compared to the last year, which was mainly
caused by the decrease of the government subsidies in the current period.
The non-operating expenditure increased by 217.58% in the reporting period compared to the last year, which was
mainly caused by the increase of the donation outlay and the scrap of some products in the current period.
3. Cash flow statement items
The net cash flow from investment activities decreased by 227.81% in the reporting period compared to the last year,
which was mainly caused by the company's payment for the investment fund for merger and acquis ition of Kinde last
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2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
year and no major investment projects in current period.
II. Progress of important matters and their impact and solution analysis
□ Applicable √ Not applicable
Implementation progress of share repurchase
□ Applicable √ Not applicable
Implementation progress of reducing repurchased shares by centralized competitive bidding
□ Applicable √ Not applicable
III. Commitments not fully fulfilled by the Company’s actual controller, shareholders,
related parties, acquirer and other commitment parties during the reporting
period
□ Applicable √ Not applicable
No commitments not fully fulfilled by the Company’s actual controller, shareholders, related parties, acquirer and other
commitment parties during the reporting period
IV. Estimate of annual business performance for 2019
It is estimated that the change rate of the net profits attributable to shareholders of listed companies in 2019 ranges from
2% to 10%
V. Financial assets measured with fair value
□ Applicable √ Not applicable
VI. Illegal external guarantee
□ Applicable √ Not applicable
No illegal external guarantee of the Company during the reporting period.
VII. Non-operating occupation of funds of listed companies by controlling
shareholders and their related parties
□ Applicable √ Not applicable
No non-operating occupation of funds of listed companies by controlling shareholders and their related parties during the
reporting period.
VIII. Entrusted financing
√Applicable □ Not applicable
Unit: 10,000 yuan
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2019 Third Quarter Report Text for Hangzhou Robam Appliances Co., Ltd.
Source of funds for Amount incurred in Overdue amount not
Specific type Outstanding balance
entrusted financing entrusted financing recovered
Bank financial
Owned fund 213,000 150,000 0
products
Total 213,000 150,000 0
Specific circumstance of high-risk entrusted financing with significant single amount or with low security, poor liquidity and
not break-even
□ Applicable √ Not applicable
The entrusted financing is expected not to recover the principal or has other circumstances that may cause impairment
□ Applicable √ Not applicable
IX. Registration form of reception, research, communication, interview and other
activities during the reporting period
√Applicable □ Not applicable
Reception Type of received
Reception time Basic information index of the survey
way object
See the Record Chart of Investor Relation Activities on
July 01, 2019 Field survey Organization
July 1 and 2, 2019 in cninfo
See the Record Chart of Investor Relation Activities on
September 18, 2019 Field survey Organization
July 18 and 19, 2019 in cninfo
See the Record Chart of Investor Relation Activities on
September 16, 2019 Field survey Organization
Septemb er 16 and 17, 2019 in cninfo
See the Record Chart of Investor Relation Activities on
September 18, 2019 Field survey Organization
Septemb er 18-23, 2019 in cninfo
See the Record Chart of Investor Relation Activities on
September 25, 2019 Field survey Organization
Septemb er 25, 2019 in cninfo
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