Investment Rating - The report maintains a "Buy" rating for the company [5][7]. Core Insights - The company reported a revenue of 1.24 billion yuan for the first three quarters of 2024, representing a year-over-year increase of 12.9%, and a net profit attributable to shareholders of 34.89 million yuan, up 93% year-over-year [5][6]. - In Q3 2024, the company achieved a revenue of 530 million yuan, with a year-over-year growth of 10.1%, and a net profit of 72.61 million yuan, reflecting a year-over-year increase of 15.5% [5][6]. - The company's business structure is diversified, covering digital certificates, smart finance, and digital procurement, which helps stabilize performance across various customer segments [6]. Financial Performance Summary - For the first three quarters of 2024, the company achieved a gross margin of 63.8%, slightly down by 0.7 percentage points year-over-year, while the gross margin for Q3 2024 was 64.7%, down by 5.7 percentage points year-over-year [6]. - The company’s operating cash flow showed a net outflow of 330 million yuan, which is an improvement compared to the previous year [7]. - The company expects to achieve revenues of 2.386 billion, 2.834 billion, and 3.323 billion yuan for 2024, 2025, and 2026 respectively, with net profits projected at 393 million, 486 million, and 584 million yuan for the same years [8].

其中提到了第三计划财政运行监测的重要作用输出了博士软件在所开发业务系统所开发业务系统的重要性那么我公司的相关产品是财政信息化的龙头产品未来有望深度受益展望明年 公司的电子凭证产品使得政策的全面推广将进入加速阶段全国近七十万家计算单位每家每年以简化计算上一万元的大幅化的收费来计算每年有将近一百个亿的广阔的空间 不是为了目标市占率做到三分之一以上这将是博世下一阶段的重要的成长曲线各位投资者为了更好地维护公司的股价以及维护投资者利益我市在前不久做了 下面请各位投资者提问 谢谢 感谢小辉总的精彩介绍那目前我们参会的公司领导有董秘小辉总财务总监林伟平总以及博士自信的总裁张奇总博士财信的副总裁杨小龙总以及投资者关系经理王昆凌总那接下来我们让会议助理播报一下提问方式会议助理 下面播报提问方式欢迎各位投资者积极提问如需提问电话端参会者请输入数字五件申请提问在允许发言后按数字六件解除静音网络端参会者请在底部功能栏点击取消按钮申请语音提问或点击问答按钮进行文字提问谢谢现在我们有请声望红员曹总进行提问曹总您可以开麦了好的 公司的各位领导下午好我是深藍宏源第三期的分析师曹珍首先也是很恭喜公司在24年前三季度取得了一个非常亮眼的业绩表 ...

证券代码:300525 证券简称:博思软件 公告编号:2024-114 福建博思软件股份有限公司 关于 2021 年股票期权激励计划部分股票期权 注销完成的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、本次注销 2021 年股票期权激励计划已获授但尚未行权的部分股票期权数 量为 4.6764 万份，占公司总股本的 0.006%，涉及人数为 13 人。 2、公司已于 2024 年 10 月 31 日在中国证券登记结算有限责任公司深圳分公 司完成了本次股票期权的注销手续。 一、本次注销的基本情况 福建博思软件股份有限公司（以下简称"公司"）于 2024 年 10 月 28 日召 开第五届董事会第五次会议、第五届监事会第五次会议，审议通过《关于注销 2021 年股票期权激励计划部分股票期权的议案》，根据《2021 年股票期权激励 计划（草案）》的相关规定，鉴于激励计划中确定的 13 名激励对象因个人原因 离职，已不符合激励条件，由公司对前述已离职的激励对象已获授但尚未行权的 4.6764 万份股票期权进行注销。 上述事项具体内容见公司于 20 ...

福建博思软件股份有限公司 证券代码:300525 证券简称:博思软件 公告编号:2024-113 至此，公司本次第三期员工持股计划变更事项已经完成，公司将持续关注第 1 证券代码:300525 证券简称:博思软件 公告编号:2024-113 三期员工持股计划后续的实施进展情况，并按照相关法律法规及规范性文件的规 定及时履行信息披露义务。 特此公告。 关于变更第三期员工持股计划相关事项的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、第三期员工持股计划变更的基本情况 2024 年 9 月 24 日，福建博思软件股份有限公司（以下简称"公司"）第五 届董事会第三次会议审议通过了《关于变更第三期员工持股计划相关事项的议案》 《关于修订<福建博思软件股份有限公司第三期员工持股计划（草案）>及其摘要 的议案》等相关议案，同意将本持股计划管理模式由自行管理变更为委托具备资 产管理资质的专业机构（以下简称"受托人"）进行管理，本持股计划作为次级 受益人认购受托人管理的集合信托计划，信托计划将通过大宗交易方式受让"福 建博思软件股份有限公司—第三期员工持股计划" ...

Investment Rating - The report maintains a "Recommended" rating for the company [2][4]. Core Views - The company achieved a net profit of 0.35 billion yuan for the first three quarters of 2024, representing a year-on-year growth of 93.01%, with a non-recurring net profit of 0.23 billion yuan, up 148.58% [2]. - In Q3 2024, the company reported a net profit of 0.73 million yuan, a 15.45% increase year-on-year, and a revenue of 5.26 billion yuan, reflecting a 10.13% growth [2]. - The company is well-positioned to benefit from fiscal reforms and has established a strong presence in the digital finance sector, contributing to the stability of national fiscal operations [2]. - The acceleration of national electronic voucher reforms is expected to enhance the company's electronic voucher business, particularly with the upcoming implementation of fully digital electronic invoices in railway passenger transport [2]. - Future profit forecasts for the company are 4.06 billion yuan, 5.06 billion yuan, and 6.12 billion yuan for the years 2024, 2025, and 2026 respectively, with corresponding valuations of 32, 25, and 21 times earnings [2]. Financial Performance Summary - The company’s revenue is projected to grow from 2,044 million yuan in 2023 to 3,424 million yuan in 2026, with growth rates of 6.51%, 15.86%, 20.77%, and 19.70% respectively [5]. - The net profit is expected to increase from 372 million yuan in 2023 to 680 million yuan in 2026, with growth rates of 28.40%, 24.16%, 24.65%, and 21.11% respectively [5]. - The earnings per share (EPS) are forecasted to rise from 0.44 yuan in 2023 to 0.82 yuan in 2026 [6]. Cash Flow and Balance Sheet Overview - The company’s cash flow from operating activities is projected to improve from 329 million yuan in 2023 to 758 million yuan in 2026 [7]. - Total assets are expected to grow from 4,295 million yuan in 2023 to 6,001 million yuan in 2026, indicating a solid financial position [6].

博思软件（ [Table_StockNameRptType] 300525） 公司点评 前三季度经营效率提升，政策促进电子凭证业务推进 | --- | --- | |-------------------------------------|-------------| | | | | [Table_Rank] 投资评级：买入（维持） | | | 报告日期： | 2024-10-28 | | [Table_BaseData] 收盘价（元） | 17.19 | | 近 12 个月最高 / 最低（元） | 18.35/10.83 | | 总股本（百万股） | 746 | | 流通股本（百万股） | 607 | | 流通股比例（ % ） | 81.43 | | 总市值（亿元） | 128 | | 流通市值（亿元） | 104 | [公司价格与沪深 Table_Chart] 300 走势比较 -33% -16% 2% 19% 36% 10/23 1/24 4/24 7/24 博思软件 沪深300 [Table_Author] 分析师：金荣 执业证书号：S0010521080002 邮箱：jinrong@hazq.co ...

Investment Rating - The report maintains a "Buy" rating for the company [5]. Core Views - The company achieved a revenue of 1.244 billion yuan in the first three quarters of 2024, representing a year-on-year growth of 12.93%, and a net profit attributable to the parent company of 35 million yuan, up 93.01% year-on-year [1]. - The electronic voucher business is progressing steadily, with increasing adoption of the company's comprehensive electronic voucher solutions across various provinces [2]. - The company is actively involved in the Budget Management Integration 2.0 reform, with all provincial finances in the country having initiated this process [3]. Summary by Sections Financial Performance - In Q1 2024, the company reported a revenue of 260 million yuan, a year-on-year increase of 15.7%, and a net profit of -56 million yuan, a reduction in losses of 3.64% year-on-year. In Q2, revenue was 458 million yuan, up 14.7%, with a net profit of 19 million yuan, an increase of 36.5% year-on-year. In Q3, revenue reached 526 million yuan, a 10.13% increase, and net profit was 73 million yuan, up 15.5% year-on-year [1]. - The company has adjusted its revenue forecasts for 2024 and 2025 to 2.366 billion yuan and 2.858 billion yuan, respectively, reflecting a decrease of 24% and 30% from previous estimates. The net profit forecasts for the same years have been adjusted to 404 million yuan and 507 million yuan, down 13% and 20% [3]. Business Development - The electronic voucher solutions provided by the company are characterized by a complete product line for administrative and public institutions, which includes electronic voucher management and intelligent management of public expenditures [2]. - The company’s pricing model is based on a small construction fee plus a SaaS operation fee, allowing for a tiered pricing system based on the size of the unit [2]. Market Position and Valuation - The current market capitalization corresponds to a price-to-earnings (P/E) ratio of 32x for 2024, 25x for 2025, and 20x for 2026, indicating a favorable valuation outlook [3].

股票代码：300525 股票简称：博思软件 福建博思软件股份有限公司投资者关系活动记录表 编号：2024-008 | --- | --- | --- | |--------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码:300525 证券简称:博思软件 公告编号:2024-112 福建博思软件股份有限公司 关于 2021 年股票期权激励计划第三个行权期可行权的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或者重大遗漏。 特别提示： 1、本次可行权的股票期权数量为 212.7477 万份，全部行权将增加公司股份 212.7477 万股，占公司总股本的 0.29%； 2、本次行权拟采用自主行权模式，本次行权事宜需在有关机构的手续办理 结束后方可行权，届时将另行公告； 3、本次可行权期权若全部行权，公司股份仍具备上市条件。 福建博思软件股份有限公司（以下简称"公司"）于 2024 年 10 月 28 日召 开第五届董事会第五次会议，审议通过了《关于 2021 年股票期权激励计划第三 个行权期可行权的议案》，本次符合行权条件的激励对象共计 349 人，可申请行 权的股票期权数量为 212.7477 万份，占公司总股本的 0.29%。现将相关事项公告 如下： 一、公司 2021 年股票期权激励计划已履行的相关审批程序 1、2021 年 8 月 24 日，公司召开第四届董事会第二次会 ...

北京市中伦律师事务所 关于福建博思软件股份有限公司 2021 年股票期权激励计划调整相关事项、第三个行 权期可行权及注销部分股票期权的 法律意见书 二〇二四年十月 法律意见书 北京市朝阳区金和东路 20 号院正大中心 3 号南塔 22-31 层 邮编：100020 22-31/F, South Tower of CP Center, 20 Jin He East Avenue, Chaoyang District, Beijing l00020, P.R. China 电话/Tel : +86 10 5957 2288 传真/Fax : +86 10 6568 1022/1838 www.zhonglun.com 北京市中伦律师事务所 关于福建博思软件股份有限公司 2021 年股票期权激励计划调整相关事项、第三个行权期可行权 及注销部分股票期权的 法律意见书 致：福建博思软件股份有限公司 北京市中伦律师事务所（以下简称"本所"）作为福建博思软件股份有限公 司（以下简称"公司"或"博思软件"）聘请的法律顾问，根据《中华人民共和 国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法 ...