SIGLENT(SH:688112)2025-10-29 09:35Financial Performance - The company's operating revenue for the first nine months of 2025 reached CNY 431.48 million, representing a year-on-year growth of 21.67%[5] - The net profit attributable to shareholders for the same period was CNY 111.35 million, with a year-on-year increase of 21.49%[5] - The gross profit margin for the first nine months of 2025 was 61.13%, while the net profit margin stood at 25.81%[9] - Total operating revenue for the first three quarters of 2025 reached ¥431,483,450.19, a 21.7% increase from ¥354,642,646.73 in the same period of 2024[22] - Net profit for the first three quarters of 2025 was ¥111,347,061.67, up 21.5% compared to ¥91,649,118.45 in 2024[23] - Operating profit for the first three quarters of 2025 was ¥118,110,824.68, an increase of 16.6% from ¥101,295,287.30 in 2024[23] - The total comprehensive income for the first three quarters of 2025 was ¥112,044,475.29, an increase from ¥91,080,735.49 in 2024[24] Research and Development - Research and development expenses for Q3 2025 amounted to CNY 36.81 million, a year-on-year increase of 42.65%, accounting for 24.11% of operating revenue[9] - Research and development expenses increased to ¥97,029,241.71 in 2025, representing a 39.2% rise from ¥69,734,120.91 in 2024[22] - The company has ongoing investments in new technologies and product development, although specific figures were not disclosed in the conference call[18] Product Performance - High-end product sales grew by 51.22%, contributing to an average price increase of 10.11% across the main product lines[6] - Revenue from high-resolution digital oscilloscopes increased by 95.40%, and revenue from RF microwave products rose by 80.10% in the first nine months of 2025[8] - The company has launched several new high-end products, including the SDS8000A high-resolution digital oscilloscope and the SDG8000A arbitrary waveform generator[10] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period increased by 81.31%, primarily due to higher sales and collections[14] - As of September 30, 2025, the company's total assets amounted to CNY 1,701,961,587.63, an increase from CNY 1,677,191,995.38 at the end of 2024[18] - The company's cash and cash equivalents reached CNY 1,238,078,516.16, slightly up from CNY 1,226,572,251.88 at the end of 2024[18] - Accounts receivable increased to CNY 85,059,040.22 from CNY 66,317,412.73, reflecting a growth of approximately 28.2%[18] - Inventory decreased to CNY 213,479,119.03 from CNY 237,369,205.68, indicating a reduction of about 10.1%[19] - Total current liabilities decreased to CNY 97,582,568.40 from CNY 105,369,494.54, a decline of approximately 7.5%[19] - The company's total liabilities were CNY 128,767,236.75, down from CNY 143,914,492.17, representing a decrease of about 10.5%[20] - The total equity attributable to shareholders increased to CNY 1,573,194,350.88 from CNY 1,533,277,503.21, reflecting a growth of approximately 2.6%[20] Shareholder Information - There are no significant changes in the top ten shareholders or their holdings compared to the previous period[18] Earnings Per Share - Basic and diluted earnings per share for the first three quarters of 2025 were both ¥0.70, up from ¥0.58 in 2024[24] Financial Expenses - The company experienced a decrease in financial expenses, reporting a net financial income of -¥27,868,907.09 in 2025 compared to -¥26,383,400.43 in 2024[22]