Yonyou Network Technology Co Ltd
SSE:600588
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Yonyou Network Technology Co Ltd
Other Operating Expenses
Yonyou Network Technology Co Ltd
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Yonyou Network Technology Co Ltd
SSE:600588
|
Other Operating Expenses
ÂĄ317.4m
|
CAGR 3-Years
13%
|
CAGR 5-Years
3%
|
CAGR 10-Years
N/A
|
||
SenseTime Group Inc
HKEX:20
|
Other Operating Expenses
ÂĄ247.2m
|
CAGR 3-Years
-11%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
-10%
|
||
S
|
Shanghai Baosight Software Co Ltd
SSE:600845
|
Other Operating Expenses
ÂĄ88.7m
|
CAGR 3-Years
-8%
|
CAGR 5-Years
43%
|
CAGR 10-Years
N/A
|
|
Beijing Kingsoft Office Software Inc
SSE:688111
|
Other Operating Expenses
ÂĄ141.9m
|
CAGR 3-Years
7%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
||
Hundsun Technologies Inc
SSE:600570
|
Other Operating Expenses
ÂĄ145.2m
|
CAGR 3-Years
186%
|
CAGR 5-Years
17%
|
CAGR 10-Years
N/A
|
||
i
|
iFLYTEK Co Ltd
SZSE:002230
|
Other Operating Expenses
ÂĄ811.1m
|
CAGR 3-Years
5%
|
CAGR 5-Years
12%
|
CAGR 10-Years
N/A
|
Yonyou Network Technology Co Ltd
Glance View
Yonyou Network Technology Co Ltd, founded in 1988 in Beijing, stands as a cornerstone in the realm of enterprise software and cloud services in China. Emerging in a period when China was embracing open markets and economic reforms, Yonyou quickly identified a burgeoning need for robust financial and organizational management tools amid this rapid industrialization. Over the years, the company has deftly transformed its traditional software offerings into comprehensive digital management solutions, bridging the gap for businesses transitioning from isolated systems to integrated cloud platforms. The company's proficiency in ERP (Enterprise Resource Planning) solutions is particularly noteworthy, offering businesses specialized modules for a wide range of operations—from finance and human resources to supply chain and manufacturing. Yonyou makes money primarily through a multi-faceted revenue model that includes software licensing, subscription services for its cloud-based solutions, and extensive consulting services. This versatility allows the company to cater to both state-owned enterprises and private sector clients, which differ vastly in scale and requirements. As cloud computing continues to gain traction, Yonyou has astutely positioned itself in providing PaaS (Platform as a Service) and SaaS (Software as a Service) offerings, boasting a rapidly growing base of cloud subscribers. Its transition to a digital-first strategy ensures a steady stream of recurring revenue while its consulting services supplement this, guiding customers through their digital transformation journeys. Thus, Yonyou not only sells software but also provides the entire ecosystem and the deployment expertise that empowers businesses to maximize their digital capabilities.
See Also
What is Yonyou Network Technology Co Ltd's Other Operating Expenses?
Other Operating Expenses
317.4m
CNY
Based on the financial report for Sep 30, 2024, Yonyou Network Technology Co Ltd's Other Operating Expenses amounts to 317.4m CNY.
What is Yonyou Network Technology Co Ltd's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 5Y
3%
Over the last year, the Other Operating Expenses growth was 31%. The average annual Other Operating Expenses growth rates for Yonyou Network Technology Co Ltd have been 13% over the past three years , 3% over the past five years .