Rapoo(SZ:002577)2021-10-26 16:00Revenue and Profit - Revenue for Q3 2021 was CNY 104,423,688.88, a decrease of 26.23% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 4,343,967.48, down 64.01% year-on-year[3] - Net profit excluding non-recurring items was CNY 1,475,454.35, a decline of 84.18% compared to the previous year[3] - Basic earnings per share were CNY 0.02, a decrease of 50.00% from the same period last year[3] - The net profit for Q3 2021 was CNY 40,105,562.26, down from CNY 50,450,494.99 in Q3 2020, reflecting a decline of 20.5%[16] - The total comprehensive income for Q3 2021 was approximately 35.01 million CNY, compared to 47.61 million CNY in the same period last year[18] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 29,167,959.11, an increase of 172.96%[3] - Cash flow from operating activities improved by 172.96%, reaching CNY 29,167,959.11, driven by increased sales collections and recovery of prior export tax refunds[8] - The operating cash flow for the period was approximately 29.17 million CNY, a significant improvement from a negative cash flow of 39.98 million CNY in the previous year[21] - The company reported cash inflows from operating activities totaling approximately 407.58 million CNY, compared to 314.18 million CNY in the same period last year[21] Assets and Liabilities - Total assets at the end of Q3 2021 were CNY 1,175,842,042.95, a slight increase of 0.06% from the end of the previous year[3] - Total current assets amounted to CNY 953,986,131.76, slightly up from CNY 938,016,068.13 at the end of 2020, indicating a growth of 1.0%[14] - Total liabilities decreased by 30.21% to CNY 77,349,114.57 compared to the previous year, primarily due to a reduction in accounts payable[7] - The total liabilities decreased to CNY 83,078,173.82 in Q3 2021 from CNY 117,339,045.48 in Q3 2020, a reduction of 29.1%[15] - The company reported a decrease in accounts payable to CNY 50,090,231.54 from CNY 82,524,802.67 year-over-year, a decline of 39.3%[15] Cash and Cash Equivalents - Cash and cash equivalents increased by 64.29% to CNY 516,130,949.62 due to cash management activities[6] - The company's cash and cash equivalents at the end of the period increased by 123.68% to CNY 211,774,653.84 compared to the previous year[8] - The cash and cash equivalents at the end of Q3 2021 were approximately 211.77 million CNY, an increase from 94.68 million CNY at the end of Q3 2020[22] Expenses - R&D expenses increased by 49.01% to CNY 16,005,495.09, reflecting higher investment in product development compared to the previous year[7] - Sales expenses rose by 33.83% to CNY 40,389,244.31, mainly due to increased marketing and promotional activities[7] - Other income decreased by 36.29% to CNY 3,826,128.43, primarily due to a reduction in government subsidies compared to the previous year[7] - The company experienced a 30.34% decrease in income tax expenses, amounting to CNY 5,660,049.59, due to reduced profits[7] Other Financial Metrics - The company experienced a net cash outflow from investing activities of approximately 78.06 million CNY, compared to a smaller outflow of 18.37 million CNY in the previous year[22] - The net cash flow from investment activities was negative at CNY -78,059,150.60, mainly due to the purchase of financial products[8] - The company’s retained earnings improved to CNY -176,618,738.81 as of September 30, 2021, compared to CNY -211,224,798.75 at the end of 2020, showing a positive change of 16.4%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,283[10] Miscellaneous - The company did not undergo any audited financial review for the Q3 report[24]