Stock Code: 600690 Short Name: Haier Smart Home
Haier Smart Home Co., Ltd.
2022 First Quarter Report
The Board of Directors (the “Board”) and the Directors of Haier Smart Home Co., Ltd. (the
“Company”) hereby assure that this announcement is free from any false record, misleading
representation or material omission and are legally responsible for the trueness, accuracy and
completeness of the content set out herein.
Important Notice
The board of directors (the “Board”), the board of supervisors, directors, supervisors and senior
management of the Company hereby assure that the content set out in the quarterly report is true,
accurate and complete, and free from any false record, misleading representation or material
omission, and are individually and collectively responsible for the content set out therein.
The legal representative of the Company, chief financial officer of the Company and person in
charge of accounting department hereby certify that the financial statement information set out in the
quarterly report is true, accurate and complete.
Whether the first quarterly report has been audited or not
□Yes √No
I. Key Financial Information
(I) Major accounting data and financial indicators
Unit and Currency: RMB
Year-on-year
Items During the For the corresponding period of last increase/decrease
Reporting Period year during the Reporting
Period (%)
Before adjustment After adjustment After adjustment
Operating revenue 60,250,997,851.46 54,773,701,753.64 54,772,592,531.47 10.00
Net profit attributable to
shareholders of the listed
Company 3,517,044,899.45 3,053,933,589.63 3,055,155,689.55 15.12
Net profit after deduction of
non-recurring profit or loss
attributable
to shareholders of the listed
Company 3,190,978,313.06 2,823,027,182.06 2,823,027,182.06 13.03
Net cash flow from operating
activities 1,154,796,354.40 2,863,386,935.66 2,868,305,560.21 -59.74
Basic earnings per share
(RMB per share) 0.38 0.33 0.33 15.15
Diluted earnings per share
(RMB per share) 0.38 0.33 0.33 15.15
Weighted average return on decrease by 0.10
net assets (%) 4.28 4.38 4.38 percentage points
Increase/decrease at
At the end of the the end of the
Reporting Period At the end of last year Reporting Period
compared to the end
of last year (%)
Before adjustment After adjustment After adjustment
Total assets 215,409,453,493.38 217,459,494,212.74 217,459,494,212.74 -0.94
Owner equity attributable to
shareholders of the listed
Company 84,082,609,436.94 79,810,927,325.55 79,810,927,325.55 5.35
Reasons for retroactive adjustments or restatement
In the fourth quarter of 2021, the Company completed the relevant matters in respect of the
acquisition of Qingdao Haier Quality Testing Co., Ltd. (For details of the acquisition matters, please
refer to the “Announcement on the Acquisition of Equity Interest in a Subsidiary from Haier Group
Corporation by Haier Smart Home Co., Ltd. and Connected Transaction” disclosed on 30 October
2021 by the Company and relevant announcements) The transaction is a business combination under
common control and the Company has subsequently restated the comparative statements for the
corresponding period in accordance with relevant accounting standards.
DuringtheReportingPeriod,inlightofthechallengesarisingfromweakmarketdemand,
consistently high price of bulk raw materials and resurgence of COVID-19, the Company
adhered to the strategic goal of becoming a smart home ecosystem brand in the Internet of
Things era, continued to strengthen its high-end brand advantage through product upgrade
and innovation, and implemented whole-process digital transformation to achieve cost
reduction and efficiency improvement. We explored weak network bus
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