Rapoo(SZ:002577)2014-10-28 16:00Financial Performance - Operating revenue for the current period reached CNY 107,701,212.84, a year-on-year increase of 26.37%[5] - Net profit attributable to shareholders decreased by 48.95% to CNY 2,073,706.55 for the current period[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,681,970.00, a slight increase of 0.31%[5] - Basic earnings per share for the current period was CNY 0.0073, down by 49.31%[5] - Operating revenue for the period was ¥409,451,973.63, an increase of ¥112,168,608.18 or 37.73% compared to the same period last year, primarily due to the inclusion of Lehui Tianxia in the consolidated scope[15] - Net profit attributable to shareholders of the parent company was ¥65,218,088.08, an increase of ¥31,616,129.91 or 94.09%, mainly due to the consolidation of Lehui Tianxia[17] - Basic earnings per share for the period was ¥0.23, an increase of ¥0.11 or 94.09% compared to the same period last year, driven by the increase in net profit[17] - The company expects net profit attributable to shareholders for 2014 to increase by 55.00% to 100.00%, with an estimated range of ¥5,166,000 to ¥6,666,000[23] Assets and Liabilities - Total assets increased by 25.81% to CNY 1,872,889,344.03 compared to the end of the previous year[5] - Cash and cash equivalents at the end of the period amounted to ¥555,813,665.04, a decrease of ¥241,026,878.12 or 30.25% from the beginning of the year, primarily due to payments for the acquisition of Lehui Tianxia equity and 2013 dividends[13] - Accounts receivable at the end of the period reached ¥82,039,629.71, an increase of ¥26,229,443.98 or 47.00%, mainly due to the consolidation of Lehui Tianxia and an increase in overseas receivables[13] - Total liabilities increased significantly, with other payables at the end of the period amounting to ¥327,758,367.29, an increase of ¥320,063,067.76 or 4,159.20%, primarily due to unpaid acquisition payments for Lehui Tianxia[14] - The company’s goodwill at the end of the period was ¥537,928,789.95, an increase of ¥537,928,789.95 or 100.00%, resulting from the acquisition of Lehui Tianxia equity[14] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 14,769,638.98, a decrease of 23.58%[5] - The company reported a significant increase in cash received from operating activities, amounting to ¥24,612,073.13, an increase of ¥18,576,384.48 or 307.78% year-on-year, mainly due to the recovery of invoice deposits[18] - The company reported a decrease in cash paid for dividends, amounting to ¥31,116,800.00, a decrease of ¥42,996,541.61 or 58.01%, mainly due to reduced dividend distribution[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,259[9] - The largest shareholder, Hotkey Electronics (Hong Kong) Co., Ltd., holds 67.34% of the shares[9] Accounting Policies and Standards - The changes in accounting policies regarding employee compensation and financial statement presentation did not impact the company's financial position, operating results, or cash flows for the fiscal years 2013 and the first half of 2014[26][27] - The company confirmed that all subsidiaries included in the consolidation scope met the control judgment standards as per the revised accounting standards, with no impact on financial results for 2013 and the first half of 2014[27] - The company implemented new accounting standards for fair value measurement, enhancing the disclosure of fair value information in financial statements[28] - The company adjusted its long-term equity investments, specifically reclassifying an investment in Shanghai Huzhi Digital Technology Co., Ltd. to available-for-sale financial assets with an adjustment amount of 10.5 million RMB[25] Government Subsidies - The company received government subsidies amounting to CNY 1,769,718.00 during the reporting period[6]