Rapoo(SZ:002577)2023-10-27 16:00Financial Performance - The company's revenue for Q3 2023 was ¥103,314,444.18, representing a year-on-year increase of 6.03% and a quarter-on-quarter increase compared to Q2 2023[10]. - Net profit attributable to shareholders for Q3 2023 was ¥9,388,501.15, a decrease of 44.43% year-on-year, while the net profit for the first three quarters decreased by 34.57% to ¥29,966,793.12[10]. - Basic earnings per share for Q3 2023 were ¥0.03, down 50.00% year-on-year, while diluted earnings per share also decreased by 50.00% to ¥0.03[10]. - Total operating revenue for Q3 2023 was CNY 305,451,330.55, a decrease of 4.3% compared to CNY 320,147,885.95 in Q3 2022[26]. - Net profit for Q3 2023 was CNY 29,966,793.12, down 34.6% from CNY 45,799,366.69 in Q3 2022[27]. - Basic and diluted earnings per share for Q3 2023 were both CNY 0.11, compared to CNY 0.16 in Q3 2022[27]. Expenses and Costs - The company reported a 37.77% increase in financial expenses due to exchange rate fluctuations, impacting overall profitability[15]. - Total operating costs for Q3 2023 were CNY 275,952,130.77, slightly increased from CNY 275,410,214.91 in the same period last year[26]. - Research and development expenses increased to CNY 18,673,916.66 in Q3 2023, up from CNY 15,838,407.26 in Q3 2022, reflecting a focus on innovation[26]. - The company reported a decrease in sales expenses to CNY 41,661,596.28 in Q3 2023 from CNY 42,131,299.83 in Q3 2022[26]. Cash Flow and Assets - The company’s cash flow from operating activities for the first three quarters decreased by 25.14% to ¥22,443,755.17[10]. - Cash received from operating activities increased by 70.34% to ¥9,739,558.74 compared to ¥5,717,787.56 in the same period last year[17]. - Cash inflow from investment activities decreased by 43.76% to ¥303,869,155.38 from ¥540,291,128.30 year-on-year[17]. - Cash outflow for investment activities decreased by 32.45% to ¥391,654,476.66 from ¥579,836,173.58 year-on-year[17]. - The company's cash and cash equivalents decreased by 931.14% to a net decrease of ¥67,025,893.98 from a smaller decrease of ¥6,500,198.92 in the previous year[17]. - Total current assets increased to ¥1,044,090,327.98 from ¥1,009,896,913.31, reflecting a growth of 3.43%[23]. - Total non-current assets decreased to ¥190,117,381.09 from ¥205,066,700.97, a decline of 7.29%[23]. - Total assets as of September 30, 2023, were ¥1,234,207,709.07, reflecting a 1.58% increase from the end of the previous year[10]. Equity and Liabilities - The company’s total equity attributable to shareholders increased by 2.39% to ¥1,157,764,787.18 compared to the end of the previous year[10]. - Total liabilities decreased to CNY 76,442,921.89 in Q3 2023 from CNY 84,201,563.33 in Q3 2022[26]. Market and Product Development - The company launched new wireless gaming peripherals in the latter part of Q3 2023, which received positive market feedback and are equipped with 4K technology[9]. - The company aims to enhance market expansion and product development strategies in the upcoming quarters[25]. Other Income and Comprehensive Income - The company recorded a significant increase of 1246.78% in other income due to the sale of carbon emission quotas[16]. - Other comprehensive income after tax for Q3 2023 was CNY -2,964,056.89, compared to CNY -10,117,015.52 in Q3 2022[27]. Cash Management and Strategy - The company’s cash management strategy involved varying terms for purchased financial products, impacting cash flow dynamics[17]. - The company reported a 40.27% increase in the beginning cash and cash equivalents balance to ¥464,588,640.94 from ¥331,205,645.88[17]. Audit Status - The company’s third-quarter report was not audited[30].