Bossco(SZ:300422)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥442,235,860.49, a decrease of 18.07% compared to the same period last year[8]. - The net profit attributable to shareholders for Q3 2023 was ¥7,320,332.56, an increase of 30.20% year-on-year[8]. - Total revenue for the current period is CNY 1,380,363,845.04, a decrease of 19.3% compared to CNY 1,709,954,934.70 in the previous period[33]. - Net profit for the current period is CNY 10,048,660.66, compared to a net loss of CNY 81,738,123.34 in the previous period, indicating a significant turnaround[33]. - The net profit attributable to the parent company was ¥10,904,822.20, compared to a net loss of ¥78,776,853.48 in the previous period[34]. - The total comprehensive income attributable to the parent company was ¥12,785,156.67, a significant improvement from a loss of ¥76,942,737.03 in the prior period[34]. Cash Flow - The net cash flow from operating activities for the year-to-date period reached ¥295,529,212.67, representing a significant increase of 147.51%[8]. - The net cash flow from operating activities was ¥295,529,212.67, up from ¥119,401,252.35 in the previous period[37]. - Cash inflows from operating activities totaled ¥1,808,678,817.26, compared to ¥2,000,494,757.27 in the prior period, indicating a decrease of approximately 9.6%[37]. - Cash outflows from operating activities decreased to ¥1,513,149,604.59 from ¥1,881,093,504.92, reflecting a reduction of about 19.5%[37]. - The net cash flow from investing activities improved to -¥16,434,889.52, a positive change of ¥278,878,241.40 or 94.43% year-over-year, primarily due to increased cash from the disposal of subsidiaries[19]. - The net cash flow from financing activities was -¥468,681,556.02, a decrease of ¥305,668,999.24 or 187.51%, mainly due to reduced new borrowings[19]. - The net cash flow from investing activities was -¥16,434,889.52, an improvement from -¥295,313,130.92 in the previous period[37]. - The net cash flow from financing activities was -¥468,681,556.02, compared to -¥163,012,556.78 in the prior period, indicating a worsening cash position[37]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥11,544,757,346.21, down 3.79% from the end of the previous year[8]. - Total liabilities increased by 35.43% to ¥565,723,843.42, mainly due to an increase in advance receipts[14]. - Total assets decreased to CNY 11,544,757,346.21 from CNY 11,999,056,132.50, a decline of 3.8%[31]. - Total liabilities decreased to CNY 9,035,278,247.49 from CNY 9,450,636,028.91, a reduction of 4.4%[31]. - Non-current assets decreased to CNY 7,018,305,482.29 from CNY 7,357,360,956.05, a decline of 4.6%[30]. - The company reported a significant decrease in short-term borrowings to CNY 1,689,300,446.73 from CNY 2,070,307,258.21, a reduction of 18.4%[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,705, with no preferred shareholders[22]. - The largest shareholder, Guangzhou Environmental Investment Group, holds 19.64% of the shares, totaling 99,155,880 shares[22]. - The second-largest shareholder, Ningguo State-owned Capital Holding Group, owns 10.34% or 52,198,764 shares[22]. - A total of 120,081,152 shares were subject to lock-up agreements at the beginning of the period, with 4,983,929 shares released during the period[25]. Operational Changes - The company completed the registration of changes to its legal representative on July 6, 2023[27]. - The company announced plans for external investment on July 13, 2023[27]. - The company revised the conversion price of the "Bosch Convertible Bonds" on August 9 and August 28, 2023[27]. Inventory and Expenses - The company's inventory increased by 34.09% to ¥355,457,585.45, primarily due to an increase in work-in-progress[14]. - The company experienced a 52.01% reduction in selling expenses, totaling ¥27,407,354.92, attributed to decreased employee compensation and travel expenses[17]. - Investment income surged by 570.06% to ¥3,861,959.55, primarily due to profits from associated enterprises[17]. - Total operating costs for the current period are CNY 1,477,776,884.67, down from CNY 1,818,716,694.16, reflecting a reduction of 18.8%[33]. Earnings Per Share - The company's basic earnings per share for Q3 2023 was ¥0.01, unchanged from the previous quarter[8]. - The basic earnings per share increased to ¥0.02 from a loss of ¥0.16, while diluted earnings per share rose to ¥0.06 from a loss of ¥0.10[34]. Cash and Cash Equivalents - The company reported a significant decrease in cash and cash equivalents, down 50.79% to ¥420,580,442.49 compared to the end of 2022[14]. - Cash and cash equivalents decreased to CNY 420,580,442.49 from CNY 854,712,301.00, a decline of 50.7%[30]. - The ending cash and cash equivalents balance was ¥211,265,163.30, down from ¥534,611,253.68 in the previous period[39]. Audit Information - The company did not undergo an audit for the third quarter report[40].