博思软件(300525) - 2018 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2018 was ¥39,875,284.62, representing a 69.44% increase compared to ¥23,533,527.69 in the same period last year[8] - Net profit attributable to shareholders was -¥12,744,812.39, a decrease of 115.80% from -¥5,905,848.66 year-on-year[8] - The company achieved operating revenue of 39.8753 million yuan, a 69.44% increase compared to the same period last year[24] - The net profit attributable to shareholders was -12.7448 million yuan, a decrease of 115.80% year-on-year, primarily due to increased personnel costs from talent acquisition[24] - The total operating revenue for the first quarter was CNY 39,875,284.62, an increase from CNY 23,533,527.69 in the previous year, representing a growth of approximately 69.5%[50] - The total comprehensive loss for Q1 2018 was CNY -15,409,719.81, compared to CNY -7,103,340.01 in the previous year, reflecting a worsening of approximately 117.5%[52] Cash Flow - Net cash flow from operating activities was -¥67,079,017.95, reflecting a 96.63% decline from -¥34,114,561.99 in the previous year[8] - The cash flow from operating activities was -67.079 million yuan, a decrease of 96.63% compared to the previous year, mainly due to increased labor costs and taxes[29] - Cash flow from operating activities included CNY 37,905,433.36 received from sales, compared to CNY 23,745,951.16 in the previous year, showing an increase of approximately 59.6%[57] - Operating cash inflow totaled CNY 42,069,541.72, an increase from CNY 27,614,662.04 in the previous period, reflecting a growth of approximately 52.5%[58] - Operating cash outflow amounted to CNY 109,148,559.67, compared to CNY 61,729,224.03 in the prior period, representing an increase of about 76.5%[58] - The net increase in cash and cash equivalents was negative CNY 81,210,413.10, compared to negative CNY 36,894,993.19 in the prior period[59] Assets and Liabilities - Total assets at the end of the reporting period were ¥750,791,407.28, down 6.68% from ¥804,561,302.12 at the end of the previous year[8] - The total liabilities decreased to CNY 259,274,224.72 from CNY 297,634,399.75, showing a reduction of about 12.9%[44] - The total equity attributable to shareholders decreased to CNY 468,530,790.66 from CNY 481,275,603.05, a decline of approximately 2.7%[45] - Cash and cash equivalents decreased to CNY 142,677,018.29 from CNY 191,431,903.39, a drop of about 25.5%[46] Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,991[14] - The largest shareholder, Chen Hang, holds 19.85% of shares, totaling 14,295,652 shares, with 7,414,800 shares pledged[14] - The top ten shareholders of unrestricted shares include the Fujian Provincial Finance Information Center with 5,580,674 shares[14] Operational Insights - The company is facing increased market competition as more software firms enter the electronic fiscal ticket management sector[10] - The company has developed several key products, including the "Bosi Fiscal Ticket Electronic Management System" and "Bosi Non-Tax Revenue Collection Management System" to capture market share[10] - The company plans to leverage capital market advantages for business expansion through internal innovation and external strategic acquisitions[12] - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[50] Investment Activities - The total amount of raised funds for the quarter was 16,891.8 million, with 1,732.01 million invested during this period[35] - Cumulative investment from raised funds reached 12,586.33 million, with a cumulative change in purpose ratio of 0.00%[35] - The company has committed to several investment projects, with a total investment amount of 17,033.9 million, of which 16,922.97 million has been allocated[36] - The operational service system construction project has an investment completion rate of 70.98%, with 3,145.38 million invested out of 4,431.26 million planned[36] - The technology research center construction project has an investment completion rate of 78.36%, with 1,699.52 million invested out of 2,279.7 million planned[36] Employee Compensation - Employee compensation payable decreased by 74.82% to 8,439,002.96, mainly due to the payment of last year's year-end bonuses[21] - The company reported a decrease in the number of employees, with payable employee compensation dropping to CNY 8,439,002.96 from CNY 33,512,344.28, a significant decline of about 74.8%[44] - The company reported a significant increase in employee compensation payments, totaling CNY 60,051,580.69, up from CNY 31,891,922.81[58] Risk Management - The company emphasizes the importance of information security and has invested significantly in research to mitigate associated risks[11] - The company did not experience any significant changes in its core technology team or major risks that could adversely affect future operations[27] - The company has not encountered any violations regarding the use and management of raised funds, ensuring compliance with disclosure requirements[37] - There were no significant changes in the feasibility of investment projects or any major changes in expected benefits reported[36] - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[39]