博世科(300422) - 2023 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2023 was ¥938,127,984.55, a decrease of 19.83% compared to ¥1,170,165,622.33 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥3,584,489.64, a significant improvement from a loss of ¥84,399,221.69 in the previous year[20]. - The net cash flow from operating activities increased by 88.06% to ¥233,748,535.22, compared to ¥124,297,212.85 in the same period last year[20]. - The total assets at the end of the reporting period were ¥11,757,987,731.75, reflecting a decrease of 2.01% from ¥11,999,056,132.50 at the end of the previous year[20]. - The company's basic earnings per share improved to ¥0.01 from a loss of ¥0.17 in the same period last year[20]. - The diluted earnings per share for the reporting period was ¥0.03, compared to a loss of ¥0.12 in the previous year[20]. - The weighted average return on net assets was 0.16%, recovering from -3.14% in the same period last year[20]. - The net profit after deducting non-recurring gains and losses improved by 63.83% to -¥35,306,502.61 from -¥97,621,495.08 in the previous year[20]. - The company's net assets attributable to shareholders increased slightly by 0.31% to ¥2,285,998,386.45 from ¥2,278,907,273.27 at the end of the previous year[20]. - The company plans not to distribute cash dividends or issue bonus shares for the first half of 2023[4]. Revenue and Order Growth - The company signed industrial equipment supply orders worth CNY 1.441 billion, a year-on-year increase of 66.78%, with overseas orders reaching CNY 1.174 billion, up 524.47%[48]. - The total value of industrial equipment supply orders on hand is approximately CNY 2.559 billion, including CNY 1.805 billion in overseas orders[49]. - The company secured new sales contracts totaling 2.063 billion yuan, with industrial equipment contracts accounting for 1.441 billion yuan (69.84%) and municipal environmental governance contracts at 244 million yuan (11.83%)[50]. - The company participated in approximately 133 project bids, winning about 80 projects, resulting in a win rate of 60.15%[50]. - The company's revenue from environmental comprehensive governance for the first half of 2023 was approximately ¥530.99 million, accounting for 56.60% of total revenue, compared to ¥677.63 million and 57.91% in the same period of 2022[63]. - Water treatment revenue decreased to approximately ¥425.00 million, representing 45.30% of total revenue, down from ¥589.50 million and 50.38% year-on-year[64]. Cost Management and Efficiency - The company achieved a significant reduction in expenses, with sales expenses down approximately 56%, management expenses down about 24%, and financial expenses down around 4% compared to the previous year[60]. - The actual procurement cost was reduced by approximately ¥90 million compared to the planned procurement cost at the beginning of the year, achieving a cost reduction rate of 13%[60]. - The company implemented dynamic cost management for 80 ongoing projects, resulting in an increase of approximately 2% in project gross profit compared to target costs[60]. - The company is focusing on enhancing management efficiency by restructuring its functional framework and integrating resources and business units[61]. - The company is implementing multiple measures to reduce costs and enhance efficiency, including dynamic cost control and optimizing organizational structure[59]. Research and Development - The company is focused on providing comprehensive environmental governance solutions, with core businesses including industrial environmental governance, municipal environmental management, soil remediation, and waste disposal[26]. - The company has developed a large-scale chlorine dioxide preparation system, which significantly reduces investment costs and has achieved a breakthrough in overseas exports of such products[29]. - The company has developed a low-temperature reduction and gradient acid leaching two-step resource recovery technology for waste lithium batteries, achieving significant improvements in recovery rates and product purity[38]. - The company has completed small and medium-scale tests for high-value metal recovery and is promoting the industrial application of resource recovery technology[38]. - The company has developed a series of advanced products and technologies for urban and rural environmental governance, significantly benefiting major environmental projects across multiple provinces[85]. - The company has added 31 new authorized patents during the reporting period, bringing the total to 476 authorized patents, including 65 invention patents[58]. Environmental Compliance and Initiatives - The company complies with multiple environmental laws, including the Environmental Protection Law and the Air Pollution Prevention and Control Law of the People's Republic of China[165]. - The company has established a strong regulatory framework to ensure adherence to environmental standards[165]. - The company is actively engaged in environmental protection initiatives, as evidenced by its compliance with industry standards[165]. - The company has a comprehensive list of environmental permits, showcasing its commitment to sustainable operations[166]. - The company is involved in wastewater treatment projects across various regions, including Jiangxi and Shanxi provinces[166]. - The company has established an emergency response plan for environmental incidents, outlining procedures and measures for effective management[178]. Market Position and Future Outlook - The company is positioned to benefit from the growing emphasis on wastewater resource utilization and near-zero discharge policies, which are expected to drive industry growth[73]. - The environmental protection industry is expanding, but competition is intensifying; the company aims to strengthen its core competitiveness and explore international markets[148]. - Continuous investment in R&D is crucial for maintaining technological leadership; the company is focused on enhancing its innovation capabilities and applying research outcomes in production[149]. - The company is exploring potential mergers and acquisitions to further expand its wastewater treatment capabilities and market reach[168]. - Future guidance indicates a focus on increasing treatment capacity by 20% over the next two years[170]. Corporate Governance and Social Responsibility - The company adheres to strict internal control and governance structures to protect the rights of shareholders and creditors[183]. - The company actively engages with investors through multiple communication channels to ensure transparency and trust[184]. - The company prioritizes employee welfare and development, enhancing workplace satisfaction and promoting a sense of belonging among staff[185]. - The company emphasizes its commitment to environmental protection and sustainable development, implementing waste classification management and utilizing renewable resources[187]. - In the first half of 2023, the company conducted 11 public welfare service activities, promoting environmental awareness and community engagement[189].