RIGOL(SH:688337)2025-10-27 08:15Financial Performance - The company's revenue for Q3 2025 was CNY 242.42 million, representing a year-on-year increase of 6.44% and a quarter-on-quarter increase of 29.52%[4] - The net profit attributable to shareholders for Q3 2025 was CNY 24.45 million, a decrease of 53.43% year-on-year, but an increase of 96.62% quarter-on-quarter[6] - The total revenue for the first nine months of 2025 was CNY 597.39 million, up 11.68% year-on-year, while the net profit attributable to shareholders decreased by 32.38% to CNY 40.66 million[6] - Total profit for the current reporting period decreased by 39.41%[14] - Net profit attributable to shareholders for the current reporting period decreased by 53.43%[14] - Net profit attributable to shareholders for the year-to-date decreased by 32.38%[14] - Basic earnings per share for the current reporting period decreased by 53.57%[15] - Diluted earnings per share for the current reporting period decreased by 53.57%[15] Research and Development - The company's R&D investment for Q3 2025 was CNY 61.50 million, accounting for 25.37% of revenue, a decrease of 1.31 percentage points year-on-year[5] - Research and development expenses increased to ¥169,858,732.02 in 2025, compared to ¥148,705,958.72 in 2024, marking a growth of 14.2%[23] Profitability and Margins - The gross profit margin for the first nine months of 2025 was 55.00%, down 3.44 percentage points compared to the same period last year, primarily due to increased manufacturing costs[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses for the current reporting period decreased by 68.41% due to a decline in gross profit margin and an increase in taxes[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,894[17] - The largest shareholder, Suzhou Puyuan Precision Electric Investment Co., Ltd., holds 63,936,000 shares, accounting for 32.94% of total shares[17] - Wang Yue directly holds 11,508,480 shares, representing 5.93% of the total shares[18] Assets and Liabilities - The total assets at the end of Q3 2025 were CNY 3.72 billion, a decrease of 3.51% compared to the end of the previous year[5] - The company's total assets decreased to ¥3,717,811,342.76 in 2025 from ¥3,852,921,400.41 in 2024, a decline of 3.5%[21] - Total liabilities decreased to ¥575,574,433.61 in 2025 from ¥685,179,430.61 in 2024, a reduction of 16.0%[21] - The total equity attributable to shareholders decreased to ¥3,142,236,909.15 in 2025 from ¥3,167,741,969.80 in 2024, a decline of 0.8%[21] Cash Flow - Cash flow from operating activities for the year-to-date decreased by 104.40% due to increased cash payments for purchases of goods and services[15] - Operating cash inflow for the first three quarters of 2025 is CNY 684,693,550.31, an increase from CNY 627,257,679.46 in the same period of 2024[26] - Net cash flow from operating activities is negative CNY 2,825,559.18, compared to a positive CNY 64,222,153.74 in the previous year[26] - Cash inflow from investment activities is CNY 576,769,055.64, significantly higher than CNY 117,650,811.37 in the prior year[27] - Net cash flow from investment activities is CNY 129,734,580.96, recovering from a negative CNY 153,177,102.84 in the same period last year[27] - Cash inflow from financing activities totals CNY 214,926,894.53, down from CNY 476,753,797.01 in the previous year[27] - Net cash flow from financing activities is negative CNY 211,189,289.24, compared to a positive CNY 222,923,542.90 in the same period of 2024[27] - The ending balance of cash and cash equivalents is CNY 327,919,426.86, down from CNY 404,591,516.76 at the end of the previous year[27] Other Information - The board of directors announced the financial results on October 28, 2025[29] - The company has not adopted new accounting standards or interpretations that would adjust the financial statements for the current year[28]