Boss Soft(SZ:300525)2021-10-27 16:00Financial Performance - The company's revenue for Q3 2021 was ¥344,710,102.36, representing a 36.80% increase compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2021 was ¥49,941,175.54, up 21.39% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥46,558,380.98, an increase of 32.58% compared to the same period last year[5]. - Revenue increased by 49.29% to 730,992,545.09 from 489,632,763.02 in the same period last year[12]. - The total operating revenue for the third quarter of 2021 was ¥730,992,545.09, an increase from ¥489,632,763.02 in the same period last year, representing a growth of approximately 49.3%[41]. - The company reported a net profit margin improvement, with net profit for the period increasing significantly compared to the previous year, although specific figures were not disclosed in the provided content[41]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,954,383,914.94, a decrease of 8.71% from the end of the previous year[5]. - The total assets as of September 30, 2021, were ¥1,954,383,914.94, down from ¥2,140,932,920.99 at the end of 2020, a decrease of approximately 8.7%[36]. - The total liabilities decreased to ¥465,453,254.99 from ¥615,095,928.99, representing a reduction of about 24.3%[40]. - The total liabilities rose from $615,095,928.99 to $645,254,363.46, an increase of $30,158,434.47[62]. - The total equity attributable to shareholders decreased slightly from $1,382,941,083.10 to $1,380,977,490.90, a decline of $1,963,592.20[62]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥163,675,242.23, which is a 24.36% improvement year-on-year[5]. - The cash flow from operating activities resulted in a net outflow of -163,675,242.23, an improvement from -216,382,864.09 in the previous period[49]. - The net cash flow from investing activities decreased by 251.53% to -171,744,208.06, mainly due to increased equity and financial investments[12]. - The net cash flow from financing activities was -$151,006,155.97, compared to $97,572,475.19 in the previous period[55]. - The total cash and cash equivalents at the end of the period decreased to $461,780,704.55 from $605,382,910.33[55]. - The company reported a cash decrease of $486,425,606.26 during the period[55]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,887[13]. - The company repurchased shares, resulting in treasury stock increasing by 29,834.50% to 55,390,417.68[12]. - As of September 30, 2021, the company repurchased 2,895,313 shares, accounting for 0.73% of the total share capital, with a total transaction amount of RMB 55,390,417.68[24]. - The company plans to repurchase shares with a total amount not less than RMB 70 million and not exceeding RMB 120 million, with a maximum repurchase price of RMB 26.90 per share[24]. Expenses - Operating costs rose by 43.06% to 277,450,669.24, primarily due to increased labor and travel expenses[12]. - The total operating costs for the third quarter of 2021 were ¥786,606,322.33, up from ¥502,442,732.59 in the previous year, indicating an increase of about 56.5%[41]. - R&D expenses increased by 61.59% to 172,816,536.88, reflecting higher investment in research and development[12]. - Research and development expenses increased to 172,816,536.88, up from 106,947,007.97, reflecting a 61.5% rise year-over-year[44]. - The total operating expenses increased significantly, with sales expenses rising to 149,197,155.17 from 96,573,982.39, marking a 54.4% increase[44]. Corporate Governance and Strategy - The company successfully completed the election of the fourth board of directors and supervisory board, enhancing its corporate governance structure[30]. - The company is focusing on expanding its business, enhancing R&D capabilities, and improving core competitiveness as part of its five-year strategic plan[29]. - The company has adjusted the investment structure and progress of fundraising projects, with the expected completion date for projects set to March 2022[25]. - The 2021 stock option incentive plan was approved, granting 4,492,600 stock options to 413 incentive targets, with the registration process ongoing[26]. - The third exercise period of the 2018 stock option incentive plan has been achieved, with 5,942,992 stock options available for exercise, representing 1.50% of the total share capital[28]. Tax and Other Income - The company reported a significant increase in tax expenses, with a 561.17% rise to 3,782,903.77 due to deferred tax asset impacts[12]. - The company received tax refunds amounting to 8,774,935.26, compared to 5,802,620.65 in the previous period, indicating a 51.5% increase in cash inflow from tax refunds[51]. - Other comprehensive income showed a decrease of 250.43% to -221,413.56, mainly due to investment losses[12].