Rapoo(SZ:002577)2022-04-27 16:00Revenue and Profit - Revenue for Q1 2022 was CNY 100,581,298.39, a decrease of 22.28% compared to CNY 129,421,596.32 in the same period last year[7] - Net profit attributable to shareholders was CNY 11,231,487.38, down 41.57% from CNY 19,222,494.28 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 7,083,073.83, a decline of 55.34% compared to CNY 15,859,318.54 in the previous year[7] - Total operating revenue for Q1 2022 was ¥100,581,298.39, a decrease of 22.3% compared to ¥129,421,596.32 in Q1 2021[25] - Net profit for Q1 2022 was ¥11,231,487.38, down 41.6% from ¥19,222,494.28 in the same period last year[26] - Operating profit decreased to ¥12,604,099.19, a decline of 44.2% compared to ¥22,706,240.31 in Q1 2021[25] - Basic and diluted earnings per share for Q1 2022 were both ¥0.04, down from ¥0.07 in Q1 2021[26] Cash Flow and Investments - Operating cash flow for the period was CNY 25,784,184.29, an increase of 9.61% from CNY 23,524,392.75 in the same quarter last year[7] - Cash flow from operating activities generated a net amount of ¥25,784,184.29, an increase of 9.6% from ¥23,524,392.75 in Q1 2021[28] - The cash flow from investment activities was CNY -65,667,748.32, a decrease of 151.80% compared to CNY -26,079,531.45 in the previous year[17] - The company reported a net cash outflow from investing activities of ¥65,667,748.32, compared to a smaller outflow of ¥26,079,531.45 in Q1 2021[29] Assets and Liabilities - Total assets at the end of Q1 2022 were CNY 1,189,163,666.67, a decrease of 0.62% from CNY 1,196,634,237.73 at the end of the previous year[7] - Total liabilities decreased from 93,758,303.04 CNY to 74,301,950.81 CNY, a reduction of approximately 20.9%[24] - The company's total equity increased from 1,102,875,934.69 CNY to 1,114,861,715.86 CNY, an increase of about 1.1%[24] - Accounts receivable decreased from 127,758,800.39 CNY to 108,379,459.21 CNY, representing a reduction of about 15.2%[22] - Inventory decreased from 70,455,614.95 CNY to 62,452,667.70 CNY, a decrease of approximately 11.4%[22] - Total assets decreased from 1,196,634,237.73 CNY to 1,189,163,666.67 CNY, a decline of about 0.6%[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,573[19] - The largest shareholder, Hotkey Electronics (Hong Kong) Limited, holds 59.89% of the shares, totaling 169,410,378 shares[19] Expenses and Financial Metrics - Financial expenses increased by 112.63% to CNY 336,682.69, primarily due to exchange rate fluctuations[15] - Research and development expenses increased to ¥4,976,855.50, up 28.4% from ¥3,877,647.37 in Q1 2021[25] - The weighted average return on equity was 1.01%, down from 1.80% in the same period last year, a decrease of 0.79%[7] Tax and Other Financial Information - The company experienced a 240.15% increase in taxes payable, amounting to CNY 2,542,232.84, due to unfiled property taxes at the reporting period end[13] - Other comprehensive income after tax was ¥754,293.79, compared to a loss of ¥370,542.69 in the previous year[26] - The company reported a net loss of -157,029,140.34 CNY, an improvement from the previous loss of -168,260,627.72 CNY[24] Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in the current report[20]