ZWSOFT(SH:688083)2022-10-28 16:00Revenue and Profit - The company's revenue for Q3 2022 was ¥155,456,269.20, representing a year-on-year increase of 3.31% and a quarter-on-quarter increase of 44.04%[8] - The net profit attributable to shareholders for Q3 2022 was ¥17,357,584.10, a decrease of 65.12% compared to the same period last year[8] - Net profit for Q3 2022 was a loss of CNY 20,087,089.31, compared to a profit of CNY 98,419,307.34 in Q3 2021[48] - Total profit for Q3 2022 was a loss of CNY 22,934,414.61, compared to a profit of CNY 115,368,760.79 in Q3 2021[48] - The company reported a significant loss in net profit attributable to shareholders, with a decrease of 119.34% year-to-date[26] Research and Development - Research and development expenses totaled ¥77,401,054.47 in Q3 2022, an increase of 56.26% year-on-year, accounting for 49.79% of revenue[10] - The total R&D investment in the current reporting period increased by 56.26% compared to the previous period, reflecting the company's focus on enhancing product quality and expanding its product matrix[26] - Research and development expenses rose to CNY 183,950,481.35, representing a 50.3% increase from CNY 122,412,158.56 in 2021[45] - The company has seen a substantial increase in its R&D personnel compared to the same period last year, contributing to the rise in R&D expenses[26] Cash Flow and Assets - The net cash flow from operating activities decreased by 355.92% year-to-date, primarily due to a 49.09% increase in employee numbers and significant salary expenses[26] - The company reported a net cash outflow from operating activities of CNY -106,552,231.84 for the first three quarters of 2022, compared to a net inflow of CNY 41,635,008.89 in the same period of 2021[54] - Cash inflow from investment activities was CNY 4,265,988,121.32, significantly higher than CNY 1,732,980,978.52 in the previous year[54] - The ending balance of cash and cash equivalents decreased to $234.69 million, down from $950.42 million year-over-year[56] Shareholder Information - The company experienced a significant increase in the number of shareholders, with a total of 5,036 shareholders at the end of the reporting period[27] - The largest shareholder, Du Yulin, holds 30,883,021 shares, representing 35.63% of the total shares[27] Government Subsidies and Financial Support - The company reported government subsidies of ¥6,578,406.24 for Q3 2022, totaling ¥9,486,612.46 for the year-to-date[16] - The software product VAT refund amounted to 11,540,364.27 CNY in the current period, directly related to the company's regular sales activities[22] Comprehensive Income and Earnings Per Share - The company’s basic earnings per share for Q3 2022 was CNY -0.26, down from CNY 1.73 in Q3 2021[51] - The company’s total comprehensive income for Q3 2022 was CNY -20,342,411.06, compared to CNY 98,391,308.94 in Q3 2021[51] Operational Performance - The company achieved a significant recovery in its education business, with Q3 revenue growth exceeding 20% year-on-year[12] - The company aims to enhance its local and overseas operations while focusing on digitalization and domestic software solutions[15] - The company has established partnerships with leading enterprises in the construction and planning sectors to explore digital transformation solutions[15] Liabilities and Equity - The total liabilities decreased from ¥304,962,231.44 to ¥249,046,574.02, a decline of about 18.38%[41] - The company's equity attributable to shareholders decreased from ¥2,812,356,703.50 to ¥2,694,324,352.08, a drop of approximately 4.19%[44] - The company reported a significant reduction in employee compensation liabilities from ¥93,189,691.20 to ¥36,167,785.08, a decrease of about 61.19%[41] Inventory and Accounts Receivable - Inventory rose from ¥2,351,613.09 to ¥3,398,191.84, marking an increase of approximately 44.54%[39] - The company's accounts receivable increased from ¥101,799,298.79 to ¥107,013,522.11, reflecting a growth of about 5.83%[35]