SIGLENT(SH:688112)2023-04-26 16:00Financial Performance - The company's operating revenue for Q1 2023 reached ¥102,189,960.71, representing a year-on-year increase of 50.48%[5] - Net profit attributable to shareholders was ¥35,871,817.50, reflecting a significant growth of 78.94% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses was ¥35,178,452.02, with an increase of 89.48% year-on-year[5] - Total operating revenue for Q1 2023 reached ¥102,189,960.71, a significant increase of 50.4% compared to ¥67,910,991.30 in Q1 2022[24] - Net profit for Q1 2023 was ¥35,871,817.50, representing a 79.5% increase from ¥20,047,193.14 in Q1 2022[25] - Basic and diluted earnings per share for Q1 2023 were both ¥0.34, compared to ¥0.19 in Q1 2022[25] - The company reported a profit before tax of ¥39,059,372.85 for Q1 2023, up from ¥21,787,366.15 in Q1 2022, marking an increase of 79.5%[25] - The total operating profit for Q1 2023 was ¥38,708,516.48, a 84% increase from ¥20,946,112.73 in Q1 2022[34] Research and Development - The company's R&D investment totaled ¥16,759,415.05, marking a 66.33% increase from the previous year, accounting for 16.40% of operating revenue[6][14] - Research and development expenses for Q1 2023 totaled ¥16,759,415.05, an increase of 66.5% from ¥10,076,227.45 in Q1 2022[24] - Research and development expenses increased to ¥16,759,415.05 in Q1 2023, a 66% rise from ¥10,076,227.45 in Q1 2022[34] Revenue Growth - Revenue from high-end products grew by 94.23%, significantly contributing to the overall revenue increase[11] - The domestic market saw a remarkable revenue growth of 158.13%, with the education sector experiencing a staggering 468.56% increase[11] - Revenue from RF and microwave products surged by 174.80%, indicating strong market demand[11] - High-resolution digital oscilloscopes also showed robust growth, with a revenue increase of 162.71% in the domestic market[12] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥14,620,537.06, indicating a cash outflow during the quarter[5] - The company's cash flow statement for Q1 2023 indicates a strong liquidity position, although specific cash flow figures were not detailed in the provided documents[26] - In Q1 2023, the cash inflow from sales and services reached ¥118,845,495.24, a significant increase of 59.5% compared to ¥74,481,466.12 in Q1 2022[27] - The net cash flow from operating activities was -¥14,620,537.06, worsening from -¥4,186,396.68 in the same period last year[27] - The cash flow from operating activities showed a net outflow of ¥15,054,729.22 in Q1 2023, compared to a net inflow of ¥623,687.87 in Q1 2022[36] Assets and Liabilities - Total assets as of March 31, 2023, amounted to CNY 1,621,217,425.56, an increase from CNY 1,599,891,205.63 at the end of 2022[19] - Cash and cash equivalents decreased to CNY 1,264,599,907.66 from CNY 1,278,736,583.17[19] - Accounts receivable increased to CNY 87,328,243.73 from CNY 85,557,635.64, reflecting a growth of approximately 2.07%[19] - Inventory rose to CNY 176,372,723.05 from CNY 155,665,854.10, indicating an increase of about 13.27%[19] - Total liabilities decreased to ¥96,984,674.12 in Q1 2023 from ¥112,397,848.74 in Q1 2022, a reduction of 13.6%[21] - Total equity increased to ¥1,524,232,751.44 in Q1 2023 from ¥1,487,493,356.89 in Q1 2022, reflecting a growth of 2.5%[21] - The company reported a significant increase in contract liabilities to CNY 11,260,090.13 from CNY 4,166,044.37, representing a growth of approximately 170.00%[20] - Fixed assets increased to CNY 24,040,183.17 from CNY 18,180,521.88, showing a growth of about 32.16%[20] - The total non-current assets as of March 31, 2023, were CNY 59,112,231.17, up from CNY 56,394,688.01[20] Shareholder Information - The company had a total of 3,050 common shareholders at the end of the reporting period[16] - The top three shareholders held a combined 57.65% of the shares, with the largest shareholder owning 22.34%[16]