博世科(300422) - 2018 Q3 - 季度财报

Financial Performance - Revenue for the reporting period reached CNY 743,328,029.64, representing a growth of 101.06% year-on-year[8] - Net profit attributable to shareholders increased by 131.53% to CNY 68,907,377.36 for the reporting period[8] - The net profit after deducting non-recurring gains and losses rose by 167.61% to CNY 74,102,744.35[8] - Basic earnings per share increased by 131.20% to CNY 0.1949[8] - The company's operating revenue for the first nine months of 2018 reached CNY 1,891,765,545.87, a significant increase of 105.12% compared to CNY 922,271,405.32 in the same period of 2017[26] - The company's operating revenue for the current period reached ¥1,571,407,763.85, a significant increase of 137.5% compared to ¥662,225,163.33 in the previous period[76] - Net profit for the current period was ¥172,654,355.33, compared to ¥80,952,139.93 in the previous period, indicating an increase of about 113%[72] - The company reported a total profit of ¥186,989,642.80, up from ¥85,105,028.92 in the previous period, reflecting a growth of 119.5%[78] Assets and Liabilities - Total assets increased by 49.10% to CNY 5,846,854,791.93 compared to the end of the previous year[8] - The company's total liabilities increased by 52.71% to CNY 748,463,243.69, mainly due to increased bank loans[23] - Total liabilities increased to CNY 4,242,662,970.75 from CNY 2,627,210,171.87, highlighting a rise in financial obligations[61] - Long-term borrowings increased significantly to CNY 1,240,810,000.00 from CNY 560,510,000.00, indicating a strategy to leverage for growth[61] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,412[13] - The largest shareholder, Wang Shuangfei, holds 21.28% of the shares, totaling 75,705,752 shares[13] - The company has a total of 148,934,553 shares under lock-up agreements, with 137,892,928 shares released during the reporting period[19] - The company has not engaged in any repurchase agreements among the top 10 shareholders during the reporting period[15] - The company has established a consistent policy regarding the lock-up of shares for executives and major shareholders[17] Cash Flow - The net cash flow from operating activities for the first nine months of 2018 was -CNY 250,250,585.70, a decrease of 39.72% from -CNY 179,106,264.51 in the previous year, primarily due to increased payments to suppliers and related operating expenses[27] - The net cash flow from financing activities for the first nine months of 2018 was CNY 1,203,835,311.21, an increase of 64.58% compared to CNY 731,469,730.00 in the previous year, driven by the issuance of convertible bonds and increased bank loans[27] - The company's cash and cash equivalents increased to CNY 755,681,700.00, influenced by the proceeds from the issuance of convertible bonds[23] - The company's cash flow from operating activities was impacted by increased operational costs, leading to a net outflow[85] Research and Development - Research and development expenses surged by 181.33% to CNY 61,928,398.71, reflecting the company's intensified efforts in new product development[26] - The company reported a total of ¥61,928,398.71 in research and development expenses, marking an increase of about 181%[72] - The company has allocated CNY 20,095,502.21 for R&D expenses, up from CNY 7,249,178.44, emphasizing commitment to innovation[66] Business Expansion and Contracts - The company secured a total of 3.279 billion yuan in new contracts from January to September 2018, with 2.277 billion yuan specifically for water pollution treatment contracts[51] - As of the report date, the total backlog of contracts reached 13.177 billion yuan, including 10.911 billion yuan for water pollution treatment contracts[52] - The company has maintained a strong position in traditional sectors such as industrial wastewater treatment and municipal sewage treatment, while also making breakthroughs in urban sanitation and oil sludge disposal[51] Financial Management - The company reported government subsidies amounting to CNY 10,238,116.00 during the reporting period[11] - The company plans to use up to CNY 260 million of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 12 months[34] - The company has borrowed a total of CNY 1.56 billion from its actual controller, which has been fully utilized for daily operations[35] Other Information - The company did not undergo an audit for the third quarter report[88] - The company has not executed any profit distribution in the first three quarters of 2018, adhering to its profit distribution policy[54]