Boss Soft(SZ:300525)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 was CNY 477,897,283.51, representing a 5.11% increase year-over-year, and a total revenue of CNY 1,101,306,145.18 for the year-to-date, up 15.02% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was CNY 62,891,133.64, a 2.70% increase year-over-year, with a year-to-date net profit of CNY 18,075,897.74, showing a significant increase of 68.44%[4] - The net profit after deducting non-recurring gains and losses for Q3 2023 was CNY 60,665,372.61, up 7.86% year-over-year, and CNY 9,125,179.00 for the year-to-date, reflecting a substantial increase of 506.35%[4] - Total operating revenue for the current period reached ¥1,101,306,145.18, an increase of approximately 15% compared to ¥957,528,911.20 in the previous period[26] - Total operating costs amounted to ¥1,122,209,919.09, up from ¥981,022,413.50, reflecting a rise of about 14.4%[26] - The net profit for the current period was a loss of ¥24,420,411.25, compared to a loss of ¥23,001,769.77 in the previous period, indicating a worsening of approximately 6.2%[27] - The company reported a total comprehensive loss of ¥24,420,634.99 for the current period, compared to a loss of ¥23,021,679.10 in the previous period[27] - Basic earnings per share improved slightly to ¥0.0244 from ¥0.0226 in the previous period, marking an increase of approximately 8%[27] Assets and Liabilities - The company's total assets at the end of Q3 2023 were CNY 3,761,269,570.74, a 15.83% increase from the end of the previous year[4] - The company's current assets totaled CNY 2,441,691,644.46, up from CNY 2,095,619,679.88 at the start of the year, indicating a growth of approximately 16.5%[23] - The company's cash and cash equivalents decreased to CNY 959,763,100.48 from CNY 1,007,443,443.08, reflecting a decline of about 4.7%[23] - The accounts receivable increased to CNY 943,041,724.55 from CNY 814,742,778.79, representing a growth of approximately 15.7%[23] - The company's total liabilities were CNY 822,858,265.24, slightly up from CNY 820,180,727.56, indicating a marginal increase[24] - The equity attributable to the owners of the parent company rose to CNY 2,413,343,775.69 from CNY 2,107,529,473.50, marking an increase of about 14.5%[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,407[11] - The largest shareholder, Chen Hang, holds 16.84% of shares, totaling 126,447,904 shares, with 94,835,928 shares pledged[11] - The top ten shareholders hold a combined total of 66.75% of the shares, indicating significant ownership concentration[11] - The company has a total of 139,468,660 restricted shares at the end of the reporting period[13] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -340,756,116.89, a decrease of 119.74% compared to CNY -155,074,431.79 in the previous year[10] - The company experienced a 294.03% increase in net cash flow from financing activities, totaling CNY 661,054,329.36, mainly due to increased cash investments from minority shareholders[10] - Cash and cash equivalents at the end of the period totaled ¥948,397,840.24, down from ¥680,887,693.69, reflecting a decrease of about 39.3%[29] - Investment activities resulted in a net cash outflow of ¥361,484,159.49, compared to a net outflow of ¥174,909,338.28 in the prior period, reflecting an increase in investment expenditures[28] Research and Development - Research and development expenses for the year-to-date reached CNY 310,016,216.64, an increase of 42.41% compared to CNY 217,694,740.86 in the same period last year[9] - Research and development expenses surged to ¥310,016,216.64, a significant increase of 42.4% from ¥217,694,740.86 in the prior period[26] Acquisitions and Strategic Focus - The company acquired 33% equity of Boshi Zhixin for RMB 148.5 million and 99.99% of the assets of Boshi Zhixin (Tianjin) for RMB 71.99 million[16] - Following the acquisition, the company holds 100% equity of Boshi Zhixin, enhancing control and decision-making efficiency[16] - The acquisition transaction was completed in September 2023, with the necessary business registration changes finalized[17] - The company’s strategic focus includes enhancing business scale and overall profitability through acquisitions and partnerships[16] Stock Incentive Plans - The company approved the grant of 25.5 million restricted shares at a price of CNY 12.44 per share to 791 recipients under the 2023 restricted stock incentive plan[21] - The first exercise period of the 2021 stock option incentive plan allowed for the exercise of 1,871,176 options, with 563,568 shares exercised during the reporting period[19] - The second exercise period of the 2021 stock option incentive plan has 2,898,986 options available for exercise, representing 0.39% of the company's total share capital[20] Other Information - The company completed a cash distribution of RMB 0.3 per share for the first half of 2023, effective on October 13, 2023[14] - The company’s cash dividends for the first half of 2023 were approved in meetings held on August 25 and September 25, 2023[14] - The third quarter report for Fujian Bosi Software Co., Ltd. has not been audited[30] - The company has implemented new accounting standards starting from 2023[30] - The board of directors presented the third quarter report on October 26, 2023[30] - There are no specific financial performance metrics or user data provided in the document[30] - Future outlook and performance guidance are not mentioned in the document[30] - New product and technology development details are not included in the document[30] - Market expansion and acquisition strategies are not discussed in the document[30] - Other new strategies are not outlined in the document[30] - The document does not provide any numerical data or percentages related to financial performance[30] - The report is categorized as unaudited, indicating a lack of verified financial data[30]