ZWSOFT(SH:688083)2023-04-28 16:00Financial Performance - The net profit attributable to shareholders of the listed company for 2022 was CNY 6,301,756.60, a decrease of 96.53% compared to the previous year[14]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -67,413,365.97, representing a decline of 167.82% year-on-year[14]. - The operating cash flow net amount for 2022 was CNY 87,085,524.72, down 53.52% from the previous year[14]. - Basic earnings per share decreased by 96.86% to CNY 0.07 in 2022 compared to CNY 2.23 in 2021[37]. - The weighted average return on net assets dropped by 8.07 percentage points to 0.23% in 2022 from 8.30% in 2021[37]. - The company reported a total profit of 73,715,122.57, with a significant increase compared to the previous period's 82,246,419.34, reflecting a decrease of approximately 10.5%[40]. - The company reported a decrease in non-operating income, with a total of -2,960,217.32 compared to -407,824.21 in the previous period[40]. - The company achieved a total revenue of 56,127.60 million, with a gross profit of 17,509.10 million, indicating a strong financial performance[174]. Research and Development - Research and development expenses accounted for 52.66% of operating revenue, an increase of 19.87 percentage points compared to 2021[15]. - The company plans to continue expanding its research and development team and increasing investment in R&D to enhance product offerings[15]. - The company has made significant investments in R&D, focusing on enhancing the performance and user experience of its CAD products[47]. - The company's R&D investment totaled approximately ¥316.5 million, representing a 55.99% increase compared to the previous year, with R&D expenses accounting for 52.66% of total revenue[141]. - The R&D team consists of 21 PhD holders, 306 master's degree holders, and 524 bachelor's degree holders, showcasing a highly qualified workforce[176]. Product Development and Innovation - The company launched four new versions of its ZWCAD products during the reporting period, enhancing features such as 3D rendering efficiency and editing capabilities[43][44]. - The ZWCAD Windows product achieved over 90% improvement in 3D view display efficiency and over 90% enhancement in entity selection efficiency through core technology advancements[46]. - The ZW3D product line introduced significant updates, including enhanced parameterized design capabilities and a new rendering engine that significantly improves display efficiency[49][51]. - The company has developed a comprehensive API system for ZWCAD Linux, facilitating low-cost migration and development for applications based on the first-tier CAD platform[48]. - The company has launched several educational software products, including ZW3D and various CAD training systems, to enhance the training of professionals in vocational colleges[79]. - The company has developed four CAE products, enhancing modeling and simulation efficiency, with a focus on electromagnetic simulation and structural analysis[178]. - The company is developing the Wukong platform, a next-generation high-end 3D CAD product, which has completed its prototype phase and is now in product development, focusing on core capabilities like parametric modeling and high-performance rendering[197]. Market Strategy and Expansion - The company is focusing on strengthening its marketing system and optimizing sales channels to improve brand influence[15]. - The company is expanding its direct sales team in key provinces and cities, enhancing market coverage and penetration[68]. - The company is focused on expanding its market presence through a combination of distribution and direct sales strategies in international markets[116]. - The company aims to expand its market presence by deepening its business layout in domestic commercial, educational, and overseas markets[156]. - The company has established partnerships with over 1,000 technical and business partners across more than 90 countries, enhancing its market presence[180]. Economic and Competitive Environment - The overall economic slowdown and geopolitical conflicts have negatively impacted the company's performance and the industrial software purchasing budgets of small and medium-sized enterprises[21]. - The company faces competitive risks from established foreign players in the industrial software market, particularly in the mid-to-high-end segments[190]. - The overall economic slowdown and negative factors affecting the manufacturing and construction sectors may lead to reduced demand for the company's software solutions[191]. Intellectual Property and Compliance - The company applied for 29 invention patents and obtained 19 authorized invention patents during the reporting period[22]. - A total of 80 domestic software copyrights were applied for, with 76 obtained, bringing the cumulative total to 316 domestic software copyrights[23]. - The cumulative number of patents held by the company reached 40, with 9 overseas copyrights and 5 works copyrights[22]. - The company has a total of 320 software copyrights, with 325 obtained cumulatively[23]. - The company is eligible for a 10% corporate income tax rate under national policies for key software enterprises, which could significantly impact its profit levels if not confirmed by relevant authorities[187]. Technology and Infrastructure - The company is focused on continuous investment in cloud infrastructure to enhance its CAx integration advantages and build competitive barriers[181]. - The company has achieved breakthroughs in key technical capabilities, including G3 continuity in surface design and the addition of structural simulation modules[128]. - The company is developing an integrated collaborative platform based on model definition and data-driven approaches, enhancing information exchange across different stages of product development[162]. - The company is actively adapting its products to align with domestic operating systems and hardware, maintaining a competitive edge in the industrial software sector[48].