中望软件(688083) - 2022 Q1 - 季度财报

Financial Performance - The company reported a revenue of ¥86,262,394.84 for Q1 2022, representing a year-on-year increase of 1.24%[7] - The net profit attributable to shareholders was -¥19,714,180.11, a decline of 440.78% compared to the same period last year[7] - The company recorded a net cash flow from operating activities of -¥110,477,528.93, indicating significant cash outflow during the period[7] - The net profit attributable to shareholders of the listed company decreased significantly due to increased personnel costs, enhanced compensation levels, and higher sales and R&D expenditures[16] - The basic earnings per share decreased due to the decline in net profit attributable to shareholders[16] - The company reported a non-recurring loss of RMB 637,599.82, impacting overall financial performance[16] - The company’s total comprehensive income for the period was a loss of approximately -$19.72 million, compared to a gain of $4.99 million in the same period last year[38] - The net profit for the period was a loss of $19.71 million, compared to a profit of $5.79 million in the same period last year, indicating a significant decline[38] Research and Development - R&D investment totaled ¥60,272,307.39, accounting for 69.87% of revenue, an increase of 29.97 percentage points year-on-year[9] - Total R&D investment increased significantly as the company focused on innovation and recruitment of high-quality R&D personnel, continuing to deepen its All-in-One CAx strategy[16] - Research and development expenses rose to $52.86 million, up from $33.99 million, marking a 55.5% increase year-over-year[37] - Research and development expenses increased to CNY 38,269,937.01 in Q1 2022, up from CNY 28,002,296.48 in Q1 2021, reflecting a growth of 36.6%[52] Market and Sales Performance - Domestic commercial market revenue grew by 20.30% year-on-year despite economic pressures and the impact of COVID-19[10] - The company's 3D CAD product line saw a revenue increase of 33.69% year-on-year, while CAE revenue grew by 48.39%[11] - The company aims to optimize its business layout and explore domestic and international markets to counteract challenges from the pandemic and geopolitical tensions[11] - The company’s operating revenue for Q1 2022 was CNY 80,474,940.90, a slight increase of 1.69% compared to CNY 79,139,010.29 in Q1 2021[52] - The company reported a total revenue from sales and services of approximately $99.38 million, slightly up from $99.31 million in the previous year[41] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,017,978,055.93, a decrease of 3.19% from the end of the previous year[9] - The company’s total assets decreased to RMB 3,017,978,055.93 from RMB 3,117,318,934.94, reflecting a decline of 3.21%[31] - The company’s total liabilities decreased from RMB 304,962,231.44 to RMB 220,460,303.35, a reduction of 27.8%[33] - The total liabilities decreased to 208,146,676.93 RMB from 280,644,911.76 RMB, showing a reduction of approximately 25.7%[51] - The company's total current assets amounted to RMB 2,555,599,349.62, a decrease of 4.44% from RMB 2,674,861,777.57 on December 31, 2021[28] Cash Flow - The net cash flow from operating activities decreased due to slow sales collection growth and significant increases in taxes, employee compensation, and other expenses compared to the previous period[16] - The net cash flow from operating activities for Q1 2022 was a negative CNY 122,801,867.27, an improvement from a negative CNY 161,814,878.89 in Q1 2021[56] - The net cash flow from investing activities was -100,257,810.17 RMB, a significant decrease compared to -2,168,045,994.01 RMB in the previous period, indicating improved cash management[44] - The company's cash and cash equivalents were RMB 296,623,263.26, down from RMB 514,058,772.85, representing a decline of 42.38%[28] - The net increase in cash and cash equivalents was -217,358,509.59 RMB, compared to -12,472,284.91 RMB in the previous period, highlighting a worsening cash position[44] Strategic Initiatives - The company plans to launch a test version of its cloud CAD product within the year as part of its cloud strategy initiated in late 2021[11] - The company established a wholly-owned subsidiary in Japan to enhance local service capabilities, targeting a CAD/CAM/CAE market exceeding RMB 20 billion[24] - The establishment of the Japanese subsidiary follows the opening of subsidiaries in the United States and Vietnam, marking a key step in international market expansion[24] - The company aims to enhance its brand influence and market penetration in Japan through localized marketing strategies and improved service support[24] - The company established a joint venture, Guangzhou Zhongwang Zhicheng Digital Technology Co., Ltd., with a registered capital of RMB 50 million, where the company contributed RMB 35 million (70%) and Huayang International contributed RMB 15 million (30%)[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,569, with the largest shareholder holding 35.51% of the shares[19] - The top ten shareholders include significant stakes from various investment firms, with the largest shareholder holding 21,998,000 shares[19]