TUHU Car Inc
HKEX:9690
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TUHU Car Inc
Accounts Payable
TUHU Car Inc
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
T
|
TUHU Car Inc
HKEX:9690
|
Accounts Payable
¥3.9B
|
CAGR 3-Years
11%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Binjiang Service Group Co Ltd
HKEX:3316
|
Accounts Payable
¥1B
|
CAGR 3-Years
222%
|
CAGR 5-Years
174%
|
CAGR 10-Years
N/A
|
|
|
Jihua Group Corp Ltd
SSE:601718
|
Accounts Payable
¥3.4B
|
CAGR 3-Years
7%
|
CAGR 5-Years
0%
|
CAGR 10-Years
6%
|
|
|
Zhejiang Dafeng Industrial Co Ltd
SSE:603081
|
Accounts Payable
¥1.2B
|
CAGR 3-Years
6%
|
CAGR 5-Years
15%
|
CAGR 10-Years
N/A
|
|
|
Eternal Asia Supply Chain Management Ltd
SZSE:002183
|
Accounts Payable
¥5.9B
|
CAGR 3-Years
66%
|
CAGR 5-Years
31%
|
CAGR 10-Years
30%
|
|
|
B
|
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SZSE:300384
|
Accounts Payable
¥191.3m
|
CAGR 3-Years
5%
|
CAGR 5-Years
-7%
|
CAGR 10-Years
7%
|
|
TUHU Car Inc
Glance View
Tucked away in the heart of China's bustling automotive landscape, TUHU Car Inc. has emerged as a digital trailblazer in the car services sector. Launched in 2011, the company has skillfully navigated the intricate maze of tire and automotive products and services, utilizing the power of the internet to reshape traditional mechanics. TUHU originally carved out its niche by offering an online platform for purchasing tires and auto parts. Over time, the company's operations evolved into a comprehensive ecosystem that seamlessly connects vehicle owners with service providers. Through its expansive network, TUHU facilitates everything from tire installations to oil changes, leveraging both its online interface and physical service centers to deliver convenience and efficiency directly to the consumer's doorstep. The business model of TUHU is ingeniously constructed around an O2O (online-to-offline) strategy. By aggregating a vast array of automotive products online, TUHU effectively generates revenue from the sale of these items, while simultaneously coordinating service appointments at hundreds of affiliated garages throughout China. The company astutely monetizes its platform by taking a cut of the transactions facilitated through its site, turning its logistical prowess into a steady revenue stream. This dual-pronged approach not only aids in scaling operations but also ensures that TUHU captures margins from both product sales and service provisions. In doing so, TUHU has established itself as a trusted partner for Chinese car owners, fostering a high degree of customer loyalty and expanding its operational horizons across the nation.
See Also
What is TUHU Car Inc's Accounts Payable?
Accounts Payable
3.9B
CNY
Based on the financial report for Dec 31, 2023, TUHU Car Inc's Accounts Payable amounts to 3.9B CNY.
What is TUHU Car Inc's Accounts Payable growth rate?
Accounts Payable CAGR 3Y
11%
Over the last year, the Accounts Payable growth was 25%. The average annual Accounts Payable growth rates for TUHU Car Inc have been 11% over the past three years .
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