Rapoo(SZ:002577)2014-04-23 16:00Revenue and Profit Growth - Revenue for Q1 2014 reached ¥167,607,261.16, an increase of 56.38% compared to ¥107,177,738.34 in the same period last year[6]. - Net profit attributable to shareholders was ¥41,175,782.37, up 123.27% from ¥18,441,963.58 year-on-year[6]. - Operating revenue increased by 60.43 million yuan, a growth of 56.38%, primarily due to the consolidation of Lehui Tianxia and an increase in traditional business sales[15]. - Net profit attributable to the parent company rose by 22.73 million yuan, an increase of 123.27%, mainly due to the consolidation of Lehui Tianxia[16]. - The company expects net profit attributable to shareholders for the first half of 2014 to be between 76.80 million and 88.62 million yuan, representing a growth of 160% to 200% compared to the same period in 2013[24][25]. Cash Flow and Assets - The net cash flow from operating activities increased by 32.05% to ¥36,547,037.34 from ¥27,676,274.72 in the previous year[6]. - Total assets at the end of the reporting period were ¥1,989,577,649.77, reflecting a 33.64% increase from ¥1,488,713,459.43 at the end of the previous year[6]. - Cash received from sales of goods and services increased by 61.40 million yuan, a growth of 57.41%, attributed to the rise in operating revenue[17]. - Cash and cash equivalents increased by 8.45 million yuan, a growth of 77.54%, mainly due to the consolidation of Lehui Tianxia[19]. Acquisitions and Goodwill - Goodwill increased by ¥537,928,800.00, a 100% rise, primarily due to the acquisition of Lehui Tianxia[14]. - The company acquired 70% of Lehui Tianxia for a total of 588 million yuan, using 455.38 million yuan of raised funds and 132.62 million yuan of self-owned funds[20]. Receivables and Prepayments - Accounts receivable rose by ¥38,965,800.00, a 69.82% increase, attributed to higher overseas revenue and the consolidation of Lehui Tianxia[14]. - Prepayments surged by ¥6,126,400.00, up 202.89%, mainly due to project development in the smart terminal and robotics divisions[14]. Expenses - Sales expenses increased by 8.20 million yuan, a rise of 74.45%, primarily due to overseas business expansion and the consolidation of Lehui Tianxia[15]. - Management expenses increased by 4.96 million yuan, a growth of 48.31%, mainly due to the consolidation of Lehui Tianxia[15]. - Cash paid for purchasing goods and services increased by 46.90 million yuan, a rise of 112.58%, primarily due to increased procurement costs associated with higher operating revenue[17]. Shareholder Information - The number of shareholders at the end of the reporting period was 24,035[10]. - The top shareholder, Hotkey Electronics (Hong Kong), holds 69.99% of the shares, totaling 198,001,079 shares[10]. Return on Equity - The weighted average return on equity improved to 2.9%, up from 1.27% in the previous year[6]. Other Comprehensive Income - Other comprehensive income decreased by 256,500 yuan, a decline of 117.76%, mainly due to changes in foreign currency translation differences[16].