BONC(SZ:300166)2023-10-23 16:00Financial Performance - The company's revenue for Q3 2023 was ¥526,575,436.94, a decrease of 1.10% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥42,317,449.15, down 13.49% year-on-year[3]. - Total operating revenue for the period reached ¥1,453,590,828.35, an increase from ¥1,424,966,264.96 in the previous period, reflecting a growth of approximately 2.5%[19]. - The net profit for Q3 2023 was CNY 110,808,360.58, an increase from CNY 106,692,688.30 in Q3 2022, representing a growth of approximately 1.05%[21]. - The total profit for the quarter was CNY 81,406,068.59, down from CNY 106,140,025.81 in the same quarter last year, a decline of approximately 23.3%[21]. - The company reported a basic and diluted earnings per share of CNY 0.10, up from CNY 0.09 in Q3 2022[22]. - The total comprehensive income attributable to the parent company was CNY 110,084,614.94, slightly down from CNY 111,318,308.02 in the previous year[22]. Cash Flow and Liquidity - The cash flow from operating activities showed a net outflow of ¥212,088,080.70 for the year-to-date, an increase of 20.84% compared to the previous year[3]. - The company reported a significant decrease in cash received from tax refunds, down 68.31% to ¥7,519,431.54, due to prior year refunds from subsidiaries[7]. - The company's cash and cash equivalents decreased to ¥615,342,352.81 from ¥1,055,424,199.65, a decline of about 41.7%[16]. - Cash and cash equivalents at the end of the period totaled CNY 594,089,167.07, compared to CNY 501,491,375.59 at the end of Q3 2022, marking an increase of approximately 18.43%[23]. - The company experienced a decrease in investment activity cash flow, with a net outflow of CNY -166,179,497.84 compared to CNY -101,912,928.74 in Q3 2022[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥8,097,119,229.02, reflecting a 0.31% increase from the end of the previous year[3]. - The company's total liabilities decreased significantly, with current liabilities dropping by 96.63% to ¥10,969,885.48, primarily due to the repayment of maturing corporate bonds[7]. - Total liabilities decreased to ¥1,480,930,614.52 from ¥1,528,759,474.89, a reduction of approximately 3.1%[18]. - Long-term equity investments rose to ¥340,586,672.25 from ¥290,399,418.53, an increase of approximately 17.3%[16]. Inventory and Costs - The company's inventory increased by 53.40% to ¥1,286,273,556.19, attributed to rising labor and procurement costs for unverified projects[6]. - Total operating costs amounted to ¥1,456,320,318.81, up from ¥1,377,058,994.31, indicating a rise of about 5.7%[19]. - Research and development expenses increased to ¥339,128,820.62 from ¥300,486,661.37, representing a growth of approximately 12.9%[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 103,197[10]. - Major shareholder Guan Lianping holds 15.44% of shares, totaling 177,964,857, with 51,710,000 shares pledged[10]. - The total number of shares held by the top ten shareholders includes significant stakes from Guan Lianping and Huo Weiping, both of whom are recognized as acting in concert[11]. - The total number of restricted shares at the end of the period was 233,104,689, primarily due to executive lock-up agreements[12]. Management and Corporate Changes - The company appointed Zhao Yi as the new vice president following the resignation of Zhang Yunpeng[14]. - The company has canceled its wholly-owned subsidiary Jiangsu Dongfang Guoxin Data Technology Co., Ltd. during the reporting period[13]. Foreign Exchange and Financial Expenses - Financial expenses decreased by 43.08% to ¥17,516,094.18, primarily due to reduced foreign exchange losses from euro loans[7]. - The company experienced a significant foreign exchange loss due to the depreciation of the Euro against the RMB, impacting cash flow[8]. - The company reported a 100% impact on cash and cash equivalents due to exchange rate fluctuations[8].