Rigol

Rigol

0537.HK
RigolHK flagHong Kong Stock Exchange
27.76
HKD
+1.56
- -
688.51MMarket Cap
Rigol
0537.HK
(Hong Kong Stock Exchange)

Recent

price

27.76

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.47
2.54
2.82
3.36
3.82
3.73
4.12
4.6
3.74
Revenue per Share
0.33
0.39
-0.22
-0.03
0.56
0.6
0.49
0.44
0.42
Basic EPS, GAAP
0.14
0.35
-1.46
0.16
-0.97
-0.99
-0.14
0.18
-0.16
Free Cash Flow per Basic Share
0.6
0.24
0.01
- -
- -
0.49
0.54
0.43
0.02
Dividend per Share
0.88
1.15
0.96
0.8
1.37
1.67
1.6
1.54
1.68
Book Value per Share
1.01
1.3
5.22
5.07
15.37
15.86
14.83
14.28
14.59
Tangible Book Value per Share
118
119
126
144
165
180
188
196
193
Basic Weighted Avg Shares
292
304
354
484
631
671
776
900
722
Sales/Revenue/Turnover
16.03
14.15
-5.22
-0.49
7.19
11.11
7.53
6.06
10.19
Operating Margin (%)
11
11
13
23
25
36
68
77
- -
Depreciation Expense
39
46
-27
-4
92
108
92
86
81
Net Income, GAAP
15.16
- -
- -
- -
6.6
5.17
- -
5.46
9.55
Effective Tax Rate (%)
13.38
15.13
-7.67
-0.81
14.67
16.1
11.9
9.56
11.23
Profit Margin (%)
21
49
346
437
1,982
2,096
2,043
2,035
2,070
Working Capital
- -
- -
2
3
2
26
24
17
17
LT Debt
131
167
674
754
2,564
2,889
3,168
3,161
3,180
Total Equity
- -
- -
- -
- -
2.51
2.53
- -
1.5
1.94
Return on Invested Capital (%)
- -
- -
- -
- -
50.52
35.58
- -
17.38
15.41
Return on Capital (%)
- -
38.13
-21.1
-3.29
54.03
40.97
30.7
28.58
25.82
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
73
43
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
17
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
194
194
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
2,405
2,389
Cash, Cash Equivalents & STI
- -
1,838
1,797
Accounts Receivable, Net
- -
194
185
Inventories
- -
327
347
Total Current Liabilities
- -
370
319
Payables & Accruals
- -
- -
- -
ST Debt
- -
73
43
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
54.8%
-0.22%
Free Cash Flow
- -
-239.4%
-229.97%
Net Income, GAAP
- -
-512.61%
-6.74%
Sales/Revenue/Turnover
- -
21%
16.04%
Total Cash Common Dividend
- -
3,458.01%
-16.34%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
151
156
228
241
776
2025
168
187
- -
303
900
2026
232
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
- -
- -
- -
0.49
2025
0.02
- -
- -
- -
0.44
2026
0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.54
2025
0.01
- -
- -
- -
0.43
2026
- -
- -
- -
- -
- -
Business
Rigol Technologies Limited manufactures and distributes test and measurement instruments for electronics development, manufacturing, and research, focusing on benchtop and handheld oscilloscopes, logic analyzers, spectrum analyzers, waveform generators, digital multimeters, power supplies, and related accessories; it provides software for data analysis, device control, and remote monitoring, along with hardware peripherals and bundled solutions for instrumentation needs. Main Products and Services - Oscilloscopes: benchtop and handheld models with advanced triggering, sampling rates, bandwidths, and multi-channel configurations; integrated software for analysis and waveform capture - Logic Analyzers: mixed-signal and digital analyzers for timing and protocol debugging; software for signal decoding and visualization - Spectrum Analyzers: RF and microwave analyzers for signal characterization, with calibration and measurement suites - Signal Generators and Pulse/Function Generators: versatile sources for test signals and stimulus generation - Digital Multimeters and Power Supplies: compact and benchtop meters for voltage/current measurements; programmable and linear/universal power supplies - Data Acquisition and Analysis Software: platform software for instrument control, data logging, analysis, and report generation; drivers for third-party integration - Probes, Attenuators, Cables, and Accessories: a full line of measurement interfaces and expansion options - Remote Monitoring Solutions: cloud-enabled or network-connected monitoring and control capabilities for instrumentation fleets - Embedded Diagnostics and Calibration Services: firmware updates, calibration services, and extended warranty options - Education and Support Services: training, technical support, and documentation to assist customers in deployment and operation Latest Major Company Changes - Strategic partnerships and alliances: expands integration with software ecosystems and educational institutions to broaden instrument interoperability and data analytics capabilities - Funding rounds and acquisitions: engages in capital-raising and potential acquisitions to expand product lines, manufacturing capacity, and global reach - New product launches: introduces higher-bandwidth oscilloscopes, advanced spectrum analyzer families, and enhanced software platforms with AI-driven diagnostics - Strategic shifts or expansions: accelerates global expansion in Asia-Pacific and Europe, increasing regional support, training, and local service networks - Rebranding or corporate restructuring: implements branding refinements and operational realignments to streamline product families and go-to-market motions - Operational changes: scaling manufacturing capacity, expanding distribution channels, and enhancing warranty and service offerings over the past 1-2 years Industry context and business segments - Industry: test and measurement equipment for electronics, telecommunications, automotive, aerospace, and industrial automation - Segments: instrument hardware (oscilloscopes, analyzers, generators, multimeters, power supplies), measurement accessories and peripherals, software and data analytics, and services (calibration, support, and education) - Target markets: electronics manufacturers and assemblers, R&D laboratories, educational institutions, and maintenance/service providers - Geographic operations: Headquarters in Hong Kong with significant manufacturing and distribution presence in Asia, Europe, and North America; serves global customers through direct sales and an extensive distribution network - Corporate relationships: operates as a standalone listed company with standard corporate governance, and maintains supplier and distribution partnerships to support its product ecosystem - Founding year and headquarters: established in 1990s (founding year commonly cited around mid-2000s for public listing period) with headquarters in Hong Kong; manufacturing and regional offices located across major global markets - Subsidiaries and parent relationships: includes regional subsidiaries and local sales entities to support regional demand; operates as an independent corporate entity within its group structure Notes - Rigol markets a broad catalog of measurement instruments widely used in electronics R&D and test environments; its offerings span hardware instruments, measurement accessories, and accompanying software, with ongoing product enhancements and global expansion to meet evolving testing and measurement needs