Rapoo(SZ:002577)2021-08-02 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥250,283,299.67, representing a 30.46% increase compared to ¥191,853,108.90 in the same period last year[21]. - The net profit attributable to shareholders of the listed company decreased by 6.15% to ¥30,262,092.46 from ¥32,245,004.12 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 12.23% to ¥23,144,426.74 from ¥20,622,630.47 year-on-year[21]. - The total profit for the first half of 2021 was ¥35,592,704.25, down 7.8% from ¥38,472,822.49 in the same period last year[126]. - The company reported a net loss of CNY 180,962,706.29, an improvement from a loss of CNY 211,224,798.75 in the previous period[119]. - The company reported a basic and diluted earnings per share of ¥0.11, unchanged from the same period in 2020[127]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥27,672,667.97, compared to a negative cash flow of ¥23,825,466.73 in the same period last year, marking a 216.15% increase[21]. - The company reported a net increase in cash and cash equivalents of ¥117,328,610.00, marking a 236.89% increase influenced by investment activities[43]. - The cash inflow from the recovery of investments was ¥730,000,000.00, compared to ¥670,000,000.00 in the first half of 2020, showing an increase of approximately 8.96%[137]. - The total cash inflow from operating activities was ¥315,656,660.22, compared to ¥172,811,437.64 in the first half of 2020, reflecting an increase of approximately 82.6%[136]. - Cash and cash equivalents increased significantly to CNY 681,462,282.95 from CNY 314,159,839.39, marking a growth of 117.5%[116]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,177,129,739.92, a slight increase of 0.17% from ¥1,175,089,528.65 at the end of the previous year[21]. - Total liabilities decreased to CNY 88,150,694.02 from CNY 117,339,045.48, a reduction of approximately 25.0%[118]. - The total equity at the end of the reporting period was CNY 1,158,276,689.13, with a decrease in retained earnings of CNY 119,365,847.59[151]. - The total number of ordinary shareholders at the end of the reporting period is 30,739[103]. Market and Product Development - The global gaming market is projected to generate $175.8 billion in revenue in 2021, with expectations to exceed $200 billion by the end of 2023[37]. - The company launched the new brand "Ralemo" in 2020, focusing on personalized products for women, including themed items like the cushion mouse and mousse keyboard[31]. - The company is expanding its wireless product line, which includes wireless chargers and TWS audio devices, to meet diverse consumer needs[30]. - The company has increased its investment in digital marketing, particularly in short videos and streaming media, to optimize customer engagement[35]. Risk Management - The company has outlined potential risk factors and countermeasures in its report, urging investors to be cautious[6]. - The company faced risks from intensified market competition and rapid technological changes, which could impact performance and profit margins[60]. - The company’s overseas sales accounted for approximately 30% of total revenue, exposing it to foreign exchange risks[62]. Governance and Compliance - The company has established a robust internal governance structure to protect shareholder rights, ensuring timely and accurate information disclosure[76]. - The company has maintained compliance with environmental regulations and has not faced any penalties for violations during the reporting period[74]. - The financial statements were approved by the board of directors on July 30, 2021, ensuring timely reporting of financial performance[158]. Research and Development - Research and development investment increased by 37.39% to ¥9,155,097.41, reflecting a higher focus on product development compared to the previous year[43]. - Research and development expenses rose to ¥9,155,097.41, representing a 37.5% increase from ¥6,663,530.27 in the previous year[124]. Shareholder Information - The largest shareholder, Hotkey Electronics (Hong Kong) Co., Ltd., holds 59.89% of the shares, totaling 169,410,378 shares[103]. - There were no changes in the controlling shareholder or actual controller during the reporting period[106]. - The company did not declare any cash dividends or issue new shares during the reporting period, maintaining capital reserves[68].