TUHU Car Inc
HKEX:9690
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TUHU Car Inc
Accrued Liabilities
TUHU Car Inc
Accrued Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Accrued Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
T
|
TUHU Car Inc
HKEX:9690
|
Accrued Liabilities
¥1.7B
|
CAGR 3-Years
21%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Binjiang Service Group Co Ltd
HKEX:3316
|
Accrued Liabilities
¥344.4m
|
CAGR 3-Years
40%
|
CAGR 5-Years
40%
|
CAGR 10-Years
N/A
|
|
|
Jihua Group Corp Ltd
SSE:601718
|
Accrued Liabilities
¥248.7m
|
CAGR 3-Years
14%
|
CAGR 5-Years
3%
|
CAGR 10-Years
0%
|
|
|
Zhejiang Dafeng Industrial Co Ltd
SSE:603081
|
Accrued Liabilities
¥230.1m
|
CAGR 3-Years
74%
|
CAGR 5-Years
48%
|
CAGR 10-Years
N/A
|
|
|
Eternal Asia Supply Chain Management Ltd
SZSE:002183
|
Accrued Liabilities
¥417.5m
|
CAGR 3-Years
85%
|
CAGR 5-Years
14%
|
CAGR 10-Years
15%
|
|
|
B
|
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SZSE:300384
|
Accrued Liabilities
¥92.3m
|
CAGR 3-Years
80%
|
CAGR 5-Years
52%
|
CAGR 10-Years
N/A
|
|
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 Accrued Liabilities?
Accrued Liabilities
1.7B
CNY
Based on the financial report for Dec 31, 2023, TUHU Car Inc's Accrued Liabilities amounts to 1.7B CNY.
What is TUHU Car Inc's Accrued Liabilities growth rate?
Accrued Liabilities CAGR 3Y
21%
Over the last year, the Accrued Liabilities growth was 10%. The average annual Accrued Liabilities growth rates for TUHU Car Inc have been 21% over the past three years .
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