SIGLENT(688112)2023-10-25 16:00Financial Performance - In Q3 2023, the company achieved operating revenue of CNY 114,527,142, representing a year-on-year increase of 10.91%[4] - The net profit attributable to shareholders was CNY 35,614,311, a decrease of 19.06% compared to the same period last year[4] - For the first nine months of 2023, the company reported operating revenue of CNY 349,410,078, a year-on-year growth of 30.76%[6] - The gross profit margin for the first nine months was 61.62%, an increase of 4.02 percentage points year-on-year[6] - The diluted earnings per share for Q3 2023 was CNY 0.23, a decrease of 14.81% year-on-year[5] - The net profit for Q3 2023 reached CNY 119,021,356.94, an increase of 18.4% compared to CNY 100,528,942.15 in Q3 2022[24] - Total revenue for the first three quarters of 2023 reached RMB 349,410,078.23, a significant increase of 30.7% compared to RMB 267,211,879.47 in the same period of 2022[23] - Total revenue for the first three quarters of 2023 was CNY 372,380,192.38, up 42.2% from CNY 261,842,351.84 in the same period of 2022[26] - Operating profit for Q3 2023 was CNY 137,598,499.78, compared to CNY 115,438,048.94 in Q3 2022, reflecting a growth of 19.2%[24] Research and Development - R&D expenses for the first nine months totaled CNY 20,813,962, up 53.71% year-on-year, accounting for 18.17% of operating revenue[5] - R&D investment for the current reporting period rose by 53.71%, attributed to an increase in R&D personnel and share-based payments[12] - R&D investment for the year-to-date period increased by 58.74%, driven by higher material consumption and testing design costs[12] - Research and development expenses for the first three quarters of 2023 were RMB 54,465,952.91, compared to RMB 34,312,423.16 in 2022, indicating a growth of 58.8%[23] Market Performance - The sales revenue from high-end products increased by 59.81% year-on-year, with their proportion rising to 20.98%[7] - Domestic market revenue grew by 48.37% year-on-year, while overseas market revenue increased by 21.29%[7] Cash Flow and Assets - The company’s cash flow from operating activities for the first nine months was CNY 28,002,098, reflecting a growth of 33.74%[4] - Net cash flow from operating activities increased by 33.74% due to higher sales collections[12] - The company's cash and cash equivalents as of September 30, 2023, were RMB 1,225,353,055.13, a decrease of 4.2% from RMB 1,278,736,583.17 at the end of 2022[19] - Total assets at the end of the reporting period were CNY 1,612,860,300, an increase of 0.81% from the end of the previous year[5] - Total assets as of September 30, 2023, were CNY 1,221,497,566.76, a decrease from CNY 1,273,240,735.94 at the end of 2022[29] - Total liabilities decreased to RMB 84,397,283.97 as of September 30, 2023, down from RMB 112,397,848.74 at the end of 2022, a reduction of 25%[20] - The company's equity attributable to shareholders increased to RMB 1,528,463,016.09 as of September 30, 2023, compared to RMB 1,487,493,356.89 at the end of 2022, reflecting a growth of 2.7%[21] Shareholder Information - The top ten shareholders hold a combined 86.84% of the company's shares, with the largest shareholder owning 22.32%[14] - The company has a total of 4,537 common shareholders as of the reporting date[13] - The company issued 1,066,668 restricted shares as part of its strategic placement plan[17] Financial Activities - The company experienced a net cash outflow from financing activities of CNY -88,169,563.61 in Q3 2023, compared to CNY -54,372,145.36 in Q3 2022[28] - The net cash flow from investment activities was -15,081,763.94, compared to -9,630,335.30 in the previous period, indicating a significant increase in cash outflow[36] - Cash inflow from financing activities totaled 8,079,070.80, while cash outflow was 95,657,279.79, resulting in a net cash flow of -87,578,208.99[36] Management and Governance - The company’s management team includes Qin Ke as the responsible person, Liu Houjun as the accounting supervisor, and Liu Qin as the head of the accounting institution[36]