ZWSOFT(SH:688083)2024-04-25 11:54Financial Performance - The company reported a non-recurring profit of ¥174,915.24 in 2023, compared to a loss of ¥9,401.27 in 2022, indicating a significant recovery [17]. - In 2023, the company's operating revenue reached ¥827,590,280.49, representing a year-on-year increase of 37.71% compared to ¥600,977,013.34 in 2022 [39]. - The net profit attributable to shareholders of the listed company was ¥61,406,393.21, a significant increase of 922.84% from ¥6,003,513.77 in the previous year [39]. - The company's total assets as of the end of 2023 amounted to ¥3,282,108,984.46, reflecting a year-on-year growth of 4.56% [39]. - The net cash flow from operating activities for 2023 was ¥84,637,076.81, a slight decrease of 2.81% from ¥87,085,524.72 in 2022 [39]. - The net profit attributable to shareholders reached CNY 61.41 million, a remarkable increase of 922.84% compared to the previous year [155]. - The company achieved total revenue of CNY 827.59 million, a year-over-year growth of 37.71%, driven by both domestic and international market strategies [155]. - The main business revenue for 2023 reached 823.36 million RMB, representing a year-on-year increase of 37.62% [199]. Government Support and Subsidies - Government subsidies recognized in the current period amounted to ¥96,497,649.27, up from ¥20,626,611.08 in 2022, reflecting increased support [17]. Investment and R&D - Investment in R&D is expected to increase by 20% in 2024, aimed at developing next-generation CAD products and improving existing software solutions [20]. - Research and development investment reached CNY 403.79 million, an increase of 27.58% year-over-year, aimed at enhancing core technologies in industrial software [139]. - The R&D investment accounted for 48.79% of operating revenue, a decrease of 3.87 percentage points from 52.66% in 2022 [40]. - The company continues to focus on R&D in CAD/CAM/CAE software, maintaining a stable revenue structure primarily from software sales [198]. Market Expansion and Strategy - The company plans to expand its market presence through new product launches and technological advancements, focusing on enhancing its CAE software offerings [20]. - Future guidance indicates a targeted revenue growth of 15% for the upcoming fiscal year, driven by increased demand in the construction and engineering sectors [20]. - The company is actively pursuing mergers and acquisitions to enhance its competitive edge and market share in the software industry [20]. - The company has expanded its overseas marketing efforts, participating in numerous industrial exhibitions in countries such as Germany, France, and Japan, enhancing brand recognition [52]. - The company has established new local offices in multiple countries in Asia and Europe to enhance customer service and sales support capabilities [138]. - The company is focusing on expanding its distribution network across the country to enhance its market presence and service quality [136]. Product Development and Innovation - The company has introduced new features in ZW3D, including motion simulation and intelligent command prediction, to improve user experience and accelerate product development [55]. - The company is actively exploring the application of artificial intelligence technology in the industrial software sector starting in 2023 [59]. - The ZWCAD 2024 version has improved compatibility, stability, speed, and intelligence, maintaining high performance standards [81]. - Revenue from CAE products has increased by over 200% year-on-year, indicating significant growth in the simulation software segment [83]. - The company aims to enhance AI investments to develop a multi-modal AI+ industrial software model, improving usability and efficiency for clients [87]. Workforce and Talent Development - The company has successfully increased its total workforce to 2,118, with 561 master's and 36 doctoral degree holders, achieving a year-on-year growth of 3.2% in the master's and doctoral ratio [64]. - The company emphasizes employee development and team building, fostering a culture of growth and collaboration [178]. Financial Management and Costs - The total balance of other equity instruments increased from ¥6,299,696.51 at the beginning of the period to ¥11,274,696.51 at the end, indicating growth in investment holdings [19]. - The company's trading financial assets decreased from ¥1,994,487,220.07 to ¥1,596,890,276.55, reflecting a reduction in trading activities [19]. - Operating costs surged by 437.94% year-on-year, totaling ¥97,316,664.44, primarily due to the inclusion of Beijing Bochao's costs and increased labor costs from commissioned development projects [181]. - Sales expenses rose by 26.34% year-on-year, amounting to ¥344,181,874.99, driven by increased compensation and travel expenses related to expanding overseas operations [184]. - R&D expenses increased by 35.07% year-on-year to ¥288,534,669.24, reflecting higher personnel costs and investments in new office spaces and equipment [187]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of ¥4.50 per 10 shares, totaling ¥54,391,454.10, which represents 88.58% of the net profit attributable to shareholders for 2023 [29]. - The company distributed cash dividends and interest payments totaling 43.72 million RMB, a decrease of 18.10 million RMB compared to the previous period [195].