Rigol Technologies (688337) Q3 2024 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2024 earnings summary
2 Oct, 2026Executive summary
Q3 revenue rose 40.80% YoY to ¥227.75M; net income attributable to shareholders increased 138.42% to ¥52.49M, while 9M net income fell 11.65% YoY to ¥60.13M.
Q3 adjusted net income was ¥40.46M, up 482.30% YoY; 9M adjusted net income declined 26.96% to ¥22.21M.
Financial highlights
9M revenue increased 13.14% YoY to ¥534.89M; operating profit was ¥49.92M versus ¥70.99M a year earlier.
9M operating cash flow reached ¥64.22M, up 10,654.75% YoY, reflecting higher cash receipts from sales and lower payments to suppliers.
9M net income was ¥60.13M versus ¥68.06M YoY; basic EPS was ¥0.32 versus ¥0.38.
Outlook and guidance
R&D centers established in Xi’an and Shanghai are intended to accelerate product development; continued investment is expected to support future performance.
Latest events from Rigol Technologies
- Higher R&D and overhead cut H1 earnings despite improved gross margin.688337
Q2 2024 - Revenue and margins improved, but higher costs and a VAT reversal cut net income.688337
Q4 2024 - Revenue grew, but higher R&D spending drove lower net income despite strong product growth.688337
Q1 2025 - High-end and solutions growth lifted sales, but non-recurring gains masked weak adjusted earnings.688337
Q2 2025 - Revenue grew, but higher costs and taxes cut adjusted earnings as solutions sales surged.688337
Q4 2025 - Revenue grew, but margin pressure and non-recurring gains masked a steep adjusted-profit decline.688337
Q3 2025 - Revenue rose 38% and net income 512%, while operating cash flow turned negative.688337
Q1 2026 - Strong sales growth, but earnings included non-recurring investment gains and cash flow stayed negative.688337
Q2 2026