Shenzhen Rapoo Technology Co Ltd

The company maintains a strong liquidity position with a current ratio of 9.61, indicating a high ability to meet short-term obligations. However, the liquidity risk is rated as medium, primarily due to a negative net cash position after subtracting total debt. The price-to-book ratio of 4.4 and a tangible book ratio of 4.4 suggest that the company is trading at a premium to its book value, which may reflect market expectations of future growth or intangible assets.

Profitability metrics show a return on equity (ROE) of 1.27% and a return on assets (ROA) of 1.14%, both of which are below the industry median for Computer Hardware firms. The gross margin is 30.7% (37.76 million CNY gross profit on 123.04 million CNY revenue), and the operating margin is 15.1% (18.59 million CNY operating income on 123.04 million CNY revenue). These figures suggest that the company is generating modest returns relative to its asset base and industry peers.

The company's revenue is concentrated in a single business segment, with no disclosed geographic breakdown. This lack of diversification may expose the company to higher operational and market risks if demand for its products declines in its primary market. The company's revenue in the latest period was 123.04 million CNY, with a net income of 14.81 million CNY.

Looking ahead, the company's growth trajectory is uncertain. The price-to-earnings ratio of 347.15 and an enterprise value-to-revenue ratio of 41.89 suggest that the market is pricing in significant future earnings growth, which may not be supported by current financial performance. The company's capital expenditures were negative at -677,620 CNY, indicating a reduction in investment in physical assets.

The risk assessment highlights a medium liquidity risk and a low dilution risk. The company has a low probability of issuing new shares in the near term, and no significant dilution sources were identified in the latest filings. However, the negative net cash position after subtracting total debt raises concerns about the company's ability to fund operations without external financing.

Recent events include the latest actual EPS of 0.03 CNY and actual revenue of 473.81 million CNY, according to analyst estimates. These figures suggest a significant decline in performance compared to the full-year revenue of 123.04 million CNY. No recent filings or transcripts were provided for further context.

Shenzhen Rapoo Technology Co Ltd (002577.SZ) has been formally classified within the Technology economic sector, specifically under the Computers & Peripherals activity. This structural update provides a clearer framework for analyzing the company’s operational focus and market positioning. The firm’s risk profile has also been established, with dilution risk assessed as low. This suggests that existing shareholders face minimal threat from equity issuance, supporting capital structure stability. Conversely, liquidity risk is rated as medium. This indicates potential variability in trading volume or bid-ask spreads, which investors should monitor when executing trades. These classifications and risk assessments offer a foundational view of Shenzhen Rapoo Technology’s market context and financial characteristics, aiding in more informed investment decisions.

Debt-to-equity ratio of 0.01 is well below the 0.30 cohort median, reflecting a conservative capital structure.

Cash conversion ratio of 2.08 exceeds the 1.00 cohort median, highlighting robust cash generation capabilities.

Revenue CAGR of 1.9% over four years indicates modest but positive long-term top-line growth trajectory.

Medium liquidity risk flags potential challenges in meeting short-term financial obligations or market demands.

Revenue ¥107.6M, +8,6% YoY; Operating income −42,3% YoY.

• ▍Revenue ¥107.6M, +8,6% YoY
• ▍Operating income −42,3% YoY
• ▍Net income −39,8% YoY
• ▍Net margin 4.5%

Revenue ¥134.2M, +23,0% YoY; Operating income −1 036,8% YoY.

• ▍Revenue ¥134.2M, +23,0% YoY
• ▍Operating income −1 036,8% YoY
• ▍Net income −601,0% YoY
• ▍Net margin -9.6%

Revenue ¥114.7M, +5,3% YoY; Operating income −139,9% YoY.

• ▍Revenue ¥114.7M, +5,3% YoY
• ▍Operating income −139,9% YoY
• ▍Net income −155,7% YoY
• ▍Net margin -6.2%

Revenue ¥99.0M; Operating income ¥9.9M.

• ▍Revenue ¥99.0M
• ▍Operating income ¥9.9M
• ▍Net margin 8.1%

Revenue ¥109.0M; Operating income ¥1.7M.

• ▍Revenue ¥109.0M
• ▍Operating income ¥1.7M
• ▍Net margin 2.4%

Revenue ¥457.2M, +4,5% YoY; Operating income −106,2% YoY.

• ▍Revenue ¥457.2M, +4,5% YoY
• ▍Operating income −106,2% YoY
• ▍Net income −112,8% YoY
• ▍Free cash flow −99,0% YoY
• ▍Net margin -1.0%

Revenue ¥437.6M, +5,6% YoY; Operating income +23,5% YoY.

• ▍Revenue ¥437.6M, +5,6% YoY
• ▍Operating income +23,5% YoY
• ▍Net income +15,0% YoY
• ▍Free cash flow +10,5% YoY
• ▍Net margin 8.4%

Revenue ¥414.5M, −7,4% YoY; Operating income −24,8% YoY.

• ▍Revenue ¥414.5M, −7,4% YoY
• ▍Operating income −24,8% YoY
• ▍Net income −14,2% YoY
• ▍Free cash flow −13,9% YoY
• ▍Net margin 7.7%