博世科(300422) - 2017 Q3 - 季度财报

Financial Performance - Total revenue for the period reached CNY 369,713,403.33, representing a 27.93% increase year-on-year[9] - Net profit attributable to shareholders rose by 56.65% to CNY 29,761,669.90 for the quarter[9] - The net profit excluding non-recurring gains and losses increased by 70.34% to CNY 27,690,150.91[9] - Basic earnings per share increased by 41.21% to CNY 0.0843[9] - Operating revenue for the first nine months of 2017 reached ¥922.27 million, an increase of ¥351.60 million or 61.61% compared to the same period in 2016[22] - Net profit for the current period was ¥28,731,393.56, representing a 53% increase from ¥18,804,387.47 in the previous period[55] - The total comprehensive income for the current period was ¥29,078,939.08, compared to ¥18,804,387.47 in the previous period, reflecting a growth of 54%[55] - Net profit for the current period was ¥80,952,139.93, representing a 106.2% increase from ¥39,142,695.66 in the previous period[59] - The company reported a total profit of ¥95,646,270.45, which is 109.0% higher than ¥45,666,291.44 in the last period[59] Assets and Liabilities - Total assets increased by 54.98% to CNY 3,560,662,482.33 compared to the end of the previous year[9] - Accounts receivable increased by 65.93% to ¥990,196,754.77 due to expanded business operations and increased project settlements[18] - Inventory rose by 214.29% to ¥165,387,103.89, driven by an increase in engineering projects[18] - Fixed assets grew by 104.42% to ¥198,614,169.03 as a result of completed construction projects being transferred to fixed assets[18] - Total liabilities increased significantly, with long-term borrowings rising by 121.96% to ¥587,850,000.00 due to additional bank loans[18] - Current liabilities rose to CNY 1,595,449,912.99 from CNY 980,964,049.71, an increase of about 62.5%[49] - Total liabilities increased to CNY 2,270,885,620.30 from CNY 1,278,508,547.85, representing a growth of approximately 77.7%[49] - Shareholders' equity increased to CNY 1,289,776,862.03 from CNY 1,019,057,543.06, reflecting a growth of about 26.5%[49] Cash Flow - The company reported a cash flow from operating activities of -CNY 179,106,264.51, a decline of 52.51% year-on-year[9] - Net cash flow from operating activities was -¥179,106,264.51, compared to -¥117,440,460.77 in the previous period, indicating a worsening performance[66] - Cash inflow from financing activities was ¥1,042,683,700.00, slightly down from ¥1,097,608,894.00, a decrease of 5.0%[66] - Investment activities generated a net cash flow of -¥512.09 million, an increase in outflow of 82.92% compared to -¥279.96 million in 2016[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,075[14] - The largest shareholder, Wang Shuangfei, holds 21.26% of the shares, totaling 75,705,752 shares[14] - The company has established a cash dividend policy to ensure stable returns to investors, with a plan for shareholder returns from 2017 to 2019[42] Strategic Initiatives - The company plans to issue convertible bonds totaling up to ¥430 million to support the PPP project for urban river pollution control[29] - The company is actively pursuing market expansion through strategic investments and partnerships in environmental projects[37] - The company has established several new subsidiaries, including a 95% owned subsidiary with a registered capital of ¥24 million[30] Expenses - Operating costs rose to ¥657.64 million, reflecting an increase of ¥241.12 million or 57.89% due to higher revenue[22] - Financial expenses increased by 91.56% to ¥24.64 million, primarily due to increased interest expenses from bank loans[22] - Tax expenses surged by 125.25% to ¥14.69 million, driven by an increase in total profit[22] - The company reported a significant increase in management expenses, up 46.15% to ¥80.36 million, attributed to rising R&D costs and personnel expenses[22] Project Investments - The company completed investments of 32,476.10 million RMB in the PPP project for Southeast Water Supply in Sihong County, which is currently in trial operation[37] - The total contract amount for the Wulongchong Reservoir centralized water supply project is 191.1 million RMB, with 14,287.69 million RMB invested by the company as of the report date[37] - The company has a significant order backlog, with 115,114.31 million RMB in unrecognized revenue from confirmed orders[36]