博世科(300422) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue decreased by 4.77% to CNY 865,242,481.24 for the reporting period[9] - Net profit attributable to shareholders dropped by 42.68% to CNY 58,722,386.90 compared to the same period last year[9] - Basic earnings per share decreased by 48.28% to CNY 0.15 for the reporting period[9] - Diluted earnings per share fell by 42.86% to CNY 0.16 compared to the previous year[9] - The weighted average return on equity decreased to 2.42%, down by 3.59% year-over-year[9] - Total operating revenue for the current period was ¥865,242,481.24, a decrease of 4.3% from ¥908,554,401.87 in the previous period[42] - Net profit for the current period was ¥58,571,584.89, down 42.2% from ¥101,281,809.29 in the previous period[43] - Total comprehensive income for the current period was ¥58,162,512.18, down 42.5% from ¥101,089,752.52 in the previous period[44] - Net profit for the current period was ¥179,252,417.66, down 25.7% from ¥241,300,825.41 in the previous period[50] - Basic earnings per share decreased to ¥0.49 from ¥0.69, reflecting a decline of 29.0%[51] Assets and Liabilities - Total assets increased by 20.04% to CNY 11,022,668,534.93 compared to the end of the previous year[9] - Total liabilities increased to ¥8,262,279,546.44 from ¥7,184,297,476.41, marking an increase of about 15%[35] - Current assets rose to ¥4,448,012,642.79, compared to ¥3,816,549,544.71 at the end of 2019, indicating an increase of about 16.5%[34] - Total liabilities reached approximately ¥5.58 billion, with current liabilities at ¥4.18 billion and non-current liabilities at ¥1.40 billion[70] - Total assets reached ¥9,182,311,354.05, with current assets at ¥3,816,549,544.71[66] - Total liabilities amounted to ¥7,184,297,476.41, with current liabilities at ¥4,842,215,184.03[67] Shareholder Information - Net assets attributable to shareholders rose by 39.53% to CNY 2,497,653,862.82 year-over-year[9] - The total number of common shareholders at the end of the reporting period was 28,087[14] - The top 10 unrestricted shareholders include Wang Shuangfei with 75,705,752 shares, accounting for a significant portion of the company's equity[15] - The company has not engaged in any repurchase agreements during the reporting period, indicating a stable shareholder structure[15] Cash Flow - Cash flow from operating activities showed a significant decline of 1,055.96%, amounting to CNY -95,099,084.71[9] - Net cash flow from operating activities improved by 40.54% to -¥138,033,471.02 from -¥232,152,421.45, due to increased cash receipts from operations[24] - Operating cash inflow totaled CNY 2,600,210,846.84, an increase from CNY 2,007,083,929.94 in the previous period[61] - Net cash flow from operating activities was CNY 141,712,585.60, a significant improvement from a net outflow of CNY -302,157,824.65 in the previous period[61] Investments and Income - Investment income turned positive at ¥12,405,491.03 compared to a loss of ¥148,466.67 in the previous year, driven by the transfer of equity in Huayuan Bosch Technology[22] - The company reported a 258.55% increase in other income to ¥32,725,840.94 from ¥9,127,356.11, mainly due to government subsidies[22] - The company received CNY 619,877,728.67 from investment, significantly higher than CNY 35,978,600.00 in the prior period[59] Changes in Accounts - Accounts receivable decreased by 34.96% to ¥1,325,359,388.13 from ¥2,037,865,050.83 due to adjustments made according to new revenue recognition standards[20] - Prepayments increased significantly by 231.98% to ¥241,473,346.40 from ¥72,737,697.54, primarily due to prepayments for engineering and material costs[20] - Contract assets reached ¥1,296,667,024.13, reflecting a new classification under revenue recognition standards[20] - Accounts receivable decreased by ¥991,865,149.10, from ¥2,037,865,050.83 to ¥1,045,999,901.73[66] - Inventory decreased by ¥62,327,598.65, from ¥243,523,174.48 to ¥181,195,575.83[66] - The company adjusted accounts receivable down by ¥1.30 billion and increased contract assets by ¥1.41 billion due to the new revenue recognition standards[70] Borrowings - Short-term borrowings rose by 41.85% to ¥1,462,831,470.63 from ¥1,031,261,525.98, attributed to increased bank loans[20] - Long-term borrowings increased by 38.80% to ¥2,002,182,717.65 from ¥1,442,458,303.50, reflecting higher bank financing[20] - The company has a short-term loan of approximately ¥847.02 million and accounts payable of approximately ¥1.24 billion[69] - The company has a long-term loan of approximately ¥311.20 million and bonds payable of approximately ¥329.54 million[70] Other Financial Metrics - Research and development expenses were ¥46,770,666.76, slightly down from ¥47,716,045.24 in the previous period[43] - Financial expenses increased to ¥54,900,384.02, up 13.1% from ¥48,312,724.66 in the previous period[43] - The company reported a credit impairment loss of ¥-25,508,104.84, an improvement from ¥-35,664,783.67 in the previous period[43] - The third quarter report was not audited, which may affect the reliability of the financial data presented[71]