Leju Finance Li Lan On July 30, Rifeng Co., Ltd. (002953.SZ) released its 2024 semi-annual report.
In the first half of 2024, Rifeng's operating income will be 2.079 billion yuan, a year-on-year increase of 3.56%; The net profit attributable to shareholders of listed companies was 88.3534 million yuan, a year-on-year increase of 15.31%.
In the first half of 2024, the sales expenses of Rifeng shares were 28.3559 million yuan, a year-on-year increase of 18.77%; R&D investment was 65.259 million yuan, a year-on-year increase of 3.92%.
In the first half of 2024, the net cash flow generated by Rifeng's operating activities was -79.5443 million yuan, a year-on-year decrease of 792.51%. The change was mainly due to the large increase in copper prices in the current period and the increase in operating expenses. During the same period, the net increase in cash and cash equivalents was -99.1516 million yuan, a year-on-year decrease of 315.76%, which was mainly due to the increase in copper prices, the increase in operating expenses and the construction of investment activities in Longchang Industrial Park.
In the first half of 2024, the accounts receivable of Rifeng shares will be 1.3 billion yuan, accounting for 38.87% of total assets.
According to investigation, Rifeng Co., Ltd. is mainly engaged in the research and development, production and sales of special equipment cables, new energy cables, communication equipment components and other electrical equipment cables, and the products mainly include special equipment cables, new energy cables, communication equipment components, air conditioning connection line components, and small household appliance wiring components.