SIGLENT(SH:688112)2022-10-23 16:00Financial Performance - The company's Q3 2022 revenue reached CNY 103.27 million, representing a year-on-year increase of 41.32%[5] - Net profit attributable to shareholders for Q3 2022 was CNY 43.99 million, up 120.83% year-on-year[7] - The gross profit margin for Q3 2022 was 59.69%, an increase of 3.21 percentage points compared to the full year of 2021[7] - Domestic market revenue for the first nine months of 2022 grew by 79.93%, with the industrial sector increasing by 131.78%[8] - High-end products saw a revenue increase of 119% year-on-year, contributing to an average price increase of 22.67% across four main product categories[7] - Revenue for the current reporting period increased by 41.32% due to continuous optimization of product structure and steady price increases[15] - Net profit attributable to shareholders for the current reporting period rose by 120.83%, driven by revenue growth and improved gross margins[15] - Basic earnings per share for the current reporting period reached 64.00 CNY, compared to 23.68 CNY for the year-to-date[16] - The net profit attributable to shareholders for the year-to-date increased by 66.24% compared to the previous year[15] - The total profit for the first three quarters of 2022 was ¥122,200,396.86, compared to ¥58,896,561.54 in 2021, marking an increase of 107.0%[37] Research and Development - R&D expenses in Q3 2022 increased by 52.77%, while sales expenses rose by 70.09%[10] - The company's R&D investment accounted for 13.11% of revenue in Q3 2022, an increase of 0.98 percentage points year-on-year[6] - Research and development expenses for the current reporting period amounted to 52.77 million CNY, reflecting a significant increase in personnel costs and material consumption[16] - Research and development expenses for the first three quarters of 2022 amounted to ¥34,312,423.16, compared to ¥23,632,007.89 in 2021, marking an increase of about 45.2%[27] - Research and development expenses increased to ¥34,312,423.16 in 2022, compared to ¥23,632,007.89 in 2021, reflecting a rise of 45.2%[37] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to CNY 1.55 billion, reflecting a 5.57% increase from the end of the previous year[6] - As of September 30, 2022, the total assets of the company amounted to RMB 1,551,613,801.78, an increase from RMB 1,469,728,259.37 at the end of 2021, reflecting a growth of approximately 5.6%[21] - The company's total liabilities as of the third quarter of 2022 were ¥105,296,933.48, up from ¥78,368,813.92 in the previous year, representing an increase of approximately 34.4%[28] - The company's total liabilities increased to ¥98,463,021.92 from ¥83,874,796.84, reflecting a rise of 17.3%[35] - The total equity attributable to shareholders reached ¥1,446,316,868.30, compared to ¥1,391,359,445.45 in the previous year, showing an increase of about 4.0%[25] Cash Flow - Cash flow from operating activities for the year-to-date increased by 240.66%, primarily due to growth in sales collections[16] - The net cash flow from operating activities for the first three quarters of 2022 was ¥20,938,480.36, an increase of 241.5% compared to ¥6,146,374.57 in the same period of 2021[31] - Total cash inflow from operating activities reached ¥297,435,160.41, up from ¥237,143,464.06, reflecting a growth of 25.5% year-over-year[31] - The company reported a net cash outflow from investing activities of ¥11,654,792.96, worsening from a net outflow of ¥5,133,879.91 in the previous year[32] - The company's cash and cash equivalents at the end of the third quarter of 2022 stood at ¥1,238,130,591.60, down from ¥1,272,420,613.64 at the beginning of the year[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,246[18] - The top three shareholders held a combined 57.65% of the total shares, with Qin Ke holding 22.34%, Shao Haitao 19.46%, and Zhao Yafeng 15.85%[18] Government Subsidies - The company received government subsidies totaling CNY 15.09 million in the first nine months of 2022, contributing positively to profit growth[10] - The company received government subsidies contributing to the increase in net profit[15]